Common use of Termination of the Options Clause in Contracts

Termination of the Options. a. Termination of Options in General. Subject to subsections (b)- --------------------------------- (c) of this Section, the Option granted hereby shall terminate and the Option shall no longer be exercisable after the earlier of December 31, 2006, except in the case of death or disability.

Appears in 1 contract

Sources: Option Agreement (Opentv Corp)

Termination of the Options. a. Termination of Options in General. Subject to subsections (b)- b) --------------------------------- - (c) of this Section, the Option granted hereby shall terminate and the Option shall no longer be exercisable after the earlier of December 31, 20062006 or one year after the date of termination of employment, except in the case of death or disability.

Appears in 1 contract

Sources: Option Agreement (Opentv Corp)

Termination of the Options. a. Termination of Options in General. Subject to subsections (b)- --------------------------------- (c) of this Section, the Option granted hereby shall terminate and the Option shall no longer be exercisable after the earlier of December 31, 20062006 or one year after the date of termination of employment, except in the case of death or disability.

Appears in 1 contract

Sources: Option Agreement (Opentv Corp)