Common use of Termination of Service as a Director Other Than Due to Death, Disability or Cause Clause in Contracts

Termination of Service as a Director Other Than Due to Death, Disability or Cause. Participant may exercise the vested portion of the Options for a period of ninety (90) days (but in no event later than the Option Expiration Date) following any termination of Participant’s service as a Director of Company (including termination of service by reason of Participant’s resignation, failure to be reelected or failure to be nominated for reelection), other than in the event of a termination of Participant’s service as a Director due to Removal for Cause or by reason of Participant’s death or Disability. To the extent Participant is not entitled to exercise the Options at the date of termination of service as a Director, or if Participant does not exercise the Options within the time specified in the Plan or this Agreement for post-termination of service exercises of the Options, the Options shall terminate.

Termination of Service as a Director Other Than Due to Death, Disability or Cause. Participant may exercise the vested portion of the Options this Option for a period of ninety (90) days (but in no event later than the Option Expiration Date) following any termination of Participant’s service as a Director of the Company (including termination of service by reason of Participant’s resignation, failure to be reelected reelected, or failure to be nominated for reelection), other than in the event of a termination of Participant’s service as a Director due to Removal for Cause or by reason of Participant’s death or Disability. To the extent Participant is not entitled to exercise the Options this Option at the date of termination of service as a Director, or if Participant does not exercise the Options this Option within the time specified in the Plan or this Option Agreement for post-termination of service exercises of the OptionsOption, the Options Option shall terminate. In no event may Participant exercise this Option after the Option Expiration Date.