Disability Clause Example with 5 Variations from Business Contracts

Disability. If, without having fully exercised this the Option, you have a Termination of Service due to Disability, then any Shares Granted under the Option that are not yet vested at that time shall thereupon become vested and (a) you may exercise this the Option for the full number of Shares Granted (less any shares for which this the Option was previously exercised), but (b) your right to exercise this the Option shall terminate upon the earlier of the Expiration Date or a date which is one (1) year fol...lowing the date of your Termination of Service. View More

Disability. If, without having fully exercised this Option, you have a Termination of Service due to Disability, then any Shares Granted under the Option that are not yet vested at that time shall thereupon become vested and (a) you may exercise this Option for the full number of Shares Granted (less any shares for which this Option was previously exercised), but (b) your right to exercise this Option shall terminate upon the earlier of the Expiration Date or a date which is one (1) year following the date ...of your Termination of Service. View More

Disability. If, without having fully exercised this the Option, you have a Termination of Service due to Disability, disability or injury (as evidenced to the satisfaction of the Committee or its delegate), then any Shares Granted under the Option that are not yet vested at that time shall thereupon become vested and (a) you may exercise this the Option for the full number of Shares Granted (less any shares for which this the Option was previously exercised), but (b) your right to exercise this the Option s...hall terminate upon the earlier of the Expiration Date or a date which is one (1) year following the date of your Termination of Service. View More

Disability. If, without having fully exercised this Option, you have a Termination of Service due to Disability, disability or injury (as evidenced to the satisfaction of the Committee or its delegate), then any Shares Granted under the Option that are not yet vested at that time shall thereupon become vested and (a) you may exercise this Option for the full number of Shares Granted (less any shares for which this Option was previously exercised), but (b) your right to exercise this Option shall terminate u...pon the earlier of the Expiration Date or a date which is one (1) year following the date of your Termination of Service. View More

Disability. If, without having fully exercised this Option, you have a Termination of Service due to Disability, whether before or after the Vesting Date, then any Shares Granted under the Option that are not yet vested at that time shall thereupon become vested and (a) you may exercise this Option for the full number of Shares Granted (less any shares for which this Option was previously exercised), but (b) your right to exercise this Option shall terminate upon the earlier of the Expiration Date or a date... which is one (1) year following the date of your Termination of Service. (O2015) 4. Death. If, without having fully exercised this stock option, you have a Termination of Service due to your death, whether before or after the Vesting Date, then this Option shall be fully vested and (a) it may be exercised by the executor or administrator of your estate or by such person or persons who shall have acquired your rights hereunder by bequest or inheritance or by designation as your beneficiary for the full number of Shares Granted (less any shares for which this Option was previously exercised), but (b), such person’s right to exercise this Option shall terminate upon the earlier of the Expiration Date or a date which is one (1) year after the date of your death. View More