Common use of Termination of Status as an Employee Clause in Contracts

Termination of Status as an Employee. 8.1 If the Optionee's employment by the Company terminates for any reason other than death, Disability, or termination by the Company for Cause (as defined in the Employment Agreement between the Company and the Optionee dated January 15, 2000 (the "Employment Agreement"), the Optionee may exercise this Option to the extent that the Optionee was entitled to exercise this Option at the date of such termination for a period equal to the lesser of: (i) thirty (30) days, or (ii) the remaining term of the Option, as specified in Section 11. 8.2 If the Optionee employment's by the Company terminates because of his death, Disability, or termination by the Company for Cause, then the subsequent exercisiability of the Option will be governed by the terms of the Plan; provided, however, that "Cause" will have the meaning defined in the Employment Agreement rather than the meaning defined in the Plan.

Termination of Status as an Employee. 8.1 If the Optionee's employment by the Company terminates for any reason other than death, Disability, or termination by the Company for Cause (as defined in the Employment Agreement between the Company and the Optionee dated January 15, 2000 _______ (the "Employment Agreement"), the Optionee may exercise this Option to the extent that the Optionee was entitled to exercise this Option at the date of such termination for a period equal to the lesser of: (i) thirty one hundred eighty (30180) days, or (ii) the remaining term of the Option, as specified in Section 11. 8.2 If the Optionee employment's by the Company terminates because of his death, Disability, or termination by the Company for Cause, then the subsequent exercisiability of the Option will be governed by the terms of the Plan; provided, however, that "Cause" will have the meaning defined in the Employment Agreement rather than the meaning defined in the Plan.