Termination of Relationship Clause Example with 25 Variations from Business Contracts

This page contains Termination of Relationship clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Termination of Relationship. Following the date of termination of Optionee's Continuous Service Status for any reason (the "Termination Date"), Optionee may exercise the Option only as set forth in the Notice and this Section 5. To the extent that Optionee is not entitled to exercise this Option as of the Termination Date, or if Optionee does not exercise this Option within the Termination Period set forth in the Notice or the termination periods set forth below, the Option shall terminate in its entirety. In no event may a...ny Option be exercised after the Expiration Date of the Option as set forth in the Notice. (a) Termination. In the event of termination of Optionee's Continuous Service Status other than as a result of Optionee's disability or death, Optionee may, to the extent Optionee is vested in the Option Shares at the date of such termination (the "Termination Date"), exercise this Option during the Termination Period set forth in the Notice. (b) Other Terminations. In connection with any termination other than a termination covered by Section 5(a), Optionee may exercise the Option only as described below: (i) Termination upon Disability of Optionee. In the event of termination of Optionee's Continuous Service Status as a result of Optionee's disability, Optionee may, but only within six (6) months from the Termination Date, exercise this Option to the extent Optionee was vested in the Option Shares as of such Termination Date. (ii) Death of Optionee. In the event of the death of Optionee (a) during the term of this Option and while an Employee or Consultant of the Company and having been in Continuous Service Status since the date of grant of the Option, or (b) within thirty (30) days after Optionee's Termination Date, the Option may be exercised at any time within twelve (12) months following the date of death by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent Optionee was vested in the Option as of the Termination Date. View More Arrow

Variations of a "Termination of Relationship" Clause from Business Contracts

Termination of Relationship. Following the date of termination of Optionee's Continuous Service Status for any reason (the "Termination Date"), Optionee may exercise the this Option only as set forth in the Notice and this Section 5. To the extent that Optionee is not entitled to exercise this Option as of the Termination Date, or if If Optionee does not exercise this Option within the Termination Period set forth in the Notice or the termination periods set forth below, the this Option shall terminate in its entirety. In n...o event event, may any Option be exercised after the Expiration Date of the this Option as set forth in the Notice. -2- (a) General Termination. In the event of termination of Optionee's Continuous Service Status other than as a result of Optionee's disability Disability or death, death or Optionee's termination by the Company for Cause, Optionee may, to the extent Optionee is vested in the Option Shares Optioned Stock at the date of such termination (the "Termination Date"), termination, exercise this Option during the Termination Period set forth in the Notice. Notice (but in no event later than the Expiration Date). (b) Other Terminations. In connection with any termination other than a termination covered by Section 5(a), Optionee may exercise the Option only as described below: (i) Termination upon Disability of Optionee. In the event of termination of Optionee's Continuous Service Status as a result of Optionee's disability, Disability, Optionee may, but only within six (6) months from 12 month(s) following the Termination Date, exercise this Option to the extent Optionee was is vested in the Option Shares as of such Termination Date. (ii) Optioned Stock. (c) Death of Optionee. In the event of the death termination of Optionee (a) during the term of this Option and while an Employee or Consultant of the Company and having been in Optionee's Continuous Service Status since as a result of Optionee's death, or in the date event of grant of the Option, or (b) Optionee's death within thirty (30) days after 3 month(s) following Optionee's Termination Date, the this Option may be exercised at any time within twelve (12) months 12 month(s) following the Termination Date, or if later, 12 month(s) following the date of death (but in each case, in no event later than the Expiration Date) by any beneficiaries designated in accordance with Section 16 of the Plan or, if there are no such beneficiaries, by the Optionee's estate estate, or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent Optionee was is vested in this Option. (d) Termination for Cause. In the event of termination of Optionee's Continuous Service Status by the Company for Cause, this Option as (including any vested portion thereof) shall immediately terminate in its entirety upon first notification to Optionee of such termination by the Termination Date. Company for Cause. If Optionee's Continuous Service Status is suspended pending an investigation of whether Optionee's Continuous Service Status will be terminated by the Company for Cause, all Optionee's rights under this Option, including the right to exercise this Option, shall be suspended during the investigation period. View More Arrow
Termination of Relationship. Following the date of termination of Optionee's Continuous Service Status for any reason (the "Termination Date"), Optionee may exercise the this Option only as set forth in the Notice and this Section 5. To the extent that Optionee is not entitled to exercise this Option as of the Termination Date, or if If Optionee does not exercise this Option within the Termination Period set forth in the Notice or the termination periods set forth below, the this Option shall terminate in its entirety. In n...o event may any Option be exercised after the Expiration Date of the this Option as set forth in the Notice. For the avoidance of doubt and for purposes of this Option only, termination of Continuous Service Status and the Termination Date will be deemed to occur as of the date Optionee is no longer actively providing services as an Employee or Consultant (except to the extent Optionee is on a Company approved leave of absence) and will not be extended by any notice period or "garden leave" that is required contractually or under Applicable Laws. (a) General Termination. In the event of termination of Optionee's Continuous Service Status other than as a result of Optionee's disability Disability or death, death or Optionee's termination for Cause, Optionee may, to the extent Optionee is vested in the Option Shares at the date of such termination (the "Termination Date"), Optioned Stock, exercise this Option during the Termination Period set forth in the Notice. (b) Other Terminations. In connection with any termination other than a termination covered by Section 5(a), Optionee may exercise the Option only as described below: (i) Termination upon Disability of Optionee. In the event of termination of Optionee's Continuous Service Status as a result of Optionee's disability, Disability, Optionee may, but only within six (6) 12 months from following the Termination Date, exercise this Option to the extent Optionee was is vested in the Option Shares as of such Termination Date. (ii) Optioned Stock. (c) Death of Optionee. In the event of the death termination of Optionee (a) during the term of this Option and while an Employee or Consultant of the Company and having been in Optionee's Continuous Service Status since as a result of Optionee's death, or in the date event of grant of the Option, or (b) Optionee's death within thirty (30) days after 3 months following Optionee's Termination Date, the this Option may be exercised at any time within twelve (12) 12 months following the Termination Date, or if later, 12 months following the date of death by any beneficiaries designated in accordance with Section 16 of the Plan or, if there are no such beneficiaries, by the Optionee's estate estate, or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent Optionee was is vested in the Optioned Stock. (d) Termination for Cause. In the event of termination of Optionee's Continuous Service Status for Cause, this Option as (including any vested portion thereof) shall immediately terminate in its entirety upon first notification to Optionee of such termination for Cause. If Optionee's Continuous Service Status is suspended pending an investigation of whether Optionee's Continuous Service Status will be terminated for Cause, all Optionee's rights under this Option, including the Termination Date. right to exercise this Option, shall be suspended during the investigation period. View More Arrow
Termination of Relationship. Following the date of termination of Optionee's Continuous Service Status for any reason (the "Termination Date"), Optionee may exercise the this Option only as set forth in the Notice and this Section 5. To the extent that Optionee is not entitled to exercise this Option as of the Termination Date, or if If Optionee does not exercise this Option within the Termination Period set forth in the Notice or the termination periods set forth below, the this Option shall terminate in its entirety. In n...o event event, may any Option be exercised after the Expiration Date of the this Option as set forth in the Notice. (a) General Termination. In the event of termination of Optionee's Continuous Service Status other than as a result of Optionee's disability Disability or death, death or Optionee's termination for Cause, Optionee may, to the extent Optionee is vested in the Option Shares at the date of such termination (the "Termination Date"), Optioned Stock, exercise this Option during the Termination Period set forth in the Notice. -2- (b) Other Terminations. In connection with any termination other than a termination covered by Section 5(a), Optionee may exercise the Option only as described below: (i) Termination upon Disability of Optionee. In the event of termination of Optionee's Continuous Service Status as a result of Optionee's disability, Disability, Optionee may, but only within six (6) 12 months from following the Termination Date, exercise this Option to the extent Optionee was is vested in the Option Shares as of such Termination Date. (ii) Optioned Stock. (c) Death of Optionee. In the event of the death termination of Optionee (a) during the term of this Option and while an Employee or Consultant of the Company and having been in Optionee's Continuous Service Status since as a result of Optionee's death, or in the date event of grant of the Option, or (b) Optionee's death within thirty (30) days after 3 months following Optionee's Termination Date, the this Option may be exercised at any time within twelve (12) 12 months following the Termination Date, or if later, 12 months following the date of death by any beneficiaries designated in accordance with Section 16 of the Plan or, if there are no such beneficiaries, by the Optionee's estate estate, or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent Optionee was is vested in the Optioned Stock. (d) Termination for Cause. In the event of termination of Optionee's Continuous Service Status for Cause, this Option as (including any vested portion thereof) shall immediately terminate in its entirety upon first notification to Optionee of such termination for Cause. If Optionee's Continuous Service Status is suspended pending an investigation of whether Optionee's Continuous Service Status will be terminated for Cause, all Optionee's rights under this Option, including the Termination Date. right to exercise this Option, shall be suspended during the investigation period. View More Arrow
Termination of Relationship. Following the date of termination of Optionee's Continuous Service Status for any reason (the "Termination Date"), Optionee may exercise the this Option only as set forth in the Notice and this Section 5. To the extent that Optionee is not entitled to exercise this Option as of the Termination Date, or if If Optionee does not exercise this Option within the Termination Period set forth in the Notice or the termination periods set forth below, the this Option shall terminate in its entirety. In n...o event event, may any Option be exercised after the Expiration Date of the this Option as set forth in the Notice. (a) General Termination. In the event of termination of Optionee's Continuous Service Status other than as a result of Optionee's disability Disability or death, death or Optionee's termination for Cause, Optionee may, to the extent Optionee is vested in the Option Shares at the date of such termination (the "Termination Date"), Optioned Stock, exercise this Option during the Termination Period set forth in the Notice. (b) Other Terminations. In connection with any termination other than a termination covered by Section 5(a), Optionee may exercise the Option only as described below: (i) Termination upon Disability of Optionee. In the event of termination of Optionee's Continuous Service Status as a result of Optionee's disability, Disability, Optionee may, but only within six (6) 12 months from following the Termination Date, exercise this Option to the extent Optionee was is vested in the Option Shares as of such Termination Date. (ii) Optioned Stock. (c) Death of Optionee. In the event of the death termination of Optionee (a) during the term of this Option and while an Employee or Consultant of the Company and having been in Optionee's Continuous Service Status since as a result of Optionee's death, or in the date event of grant of the Option, or (b) Optionee's death within thirty (30) days after 3 months following Optionee's Termination Date, the this Option may be exercised at any time within twelve (12) 12 months following the Termination Date, or if later, 12 months following the date of death by any beneficiaries designated in accordance with Section 16 of the Plan or, if there are no such beneficiaries, by the Optionee's estate estate, or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent Optionee was is vested in the Optioned Stock. (d) Termination for Cause. In the event of termination of Optionee's Continuous Service Status for Cause, this Option as (including any vested portion thereof) shall immediately terminate in its entirety upon first notification to Optionee of such termination for Cause. If Optionee's Continuous Service Status is suspended pending an investigation of whether Optionee's Continuous Service Status will be terminated for Cause, all Optionee's rights under this Option, including the Termination Date. right to exercise this Option, shall be suspended during the investigation period. View More Arrow
Termination of Relationship. Following the date of termination of Optionee's Continuous Service Status for any reason (the "Termination Date"), Optionee may exercise the this Option only as set forth in the Notice and this Section 5. To the extent that Optionee is not entitled to exercise this Option as of the Termination Date, or if If Optionee does not exercise this Option within the Termination Period set forth in the Notice or the termination periods set forth below, the this Option shall terminate in its entirety. In n...o event event, may any Option be exercised after the Expiration Date of the this Option as set forth in the Notice. (a) General Termination. In the event of termination of Optionee's Continuous Service Status other than as a result of Optionee's disability Disability or death, death or Optionee's -2- termination for Cause, Optionee may, to the extent Optionee is vested in the Option Shares Optioned Stock at the date of such termination (the "Termination Date"), termination, exercise this Option during the Termination Period set forth in the Notice. (b) Other Terminations. In connection with any termination other than a termination covered by Section 5(a), Optionee may exercise the Option only as described below: (i) Termination upon Disability of Optionee. In the event of termination of Optionee's Continuous Service Status as a result of Optionee's disability, Disability, Optionee may, but only within six (6) 12 months from following the Termination Date, exercise this Option to the extent Optionee was is vested in the Option Shares as of such Termination Date. (ii) Optioned Stock. (c) Death of Optionee. In the event of the death termination of Optionee (a) during the term of this Option and while an Employee or Consultant of the Company and having been in Optionee's Continuous Service Status since as a result of Optionee's death, or in the date event of grant of the Option, or (b) Optionee's death within thirty (30) days after 3 months following Optionee's Termination Date, the this Option may be exercised at any time within twelve (12) 12 months following the Termination Date, or if later, 12 months following the date of death by any beneficiaries designated in accordance with Section 15 of the Plan or, if there are no such beneficiaries, by the Optionee's estate estate, or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent Optionee was is vested in this Option. (d) Termination for Cause. In the event of termination of Optionee's Continuous Service Status for Cause, this Option as (including any vested portion thereof) shall immediately terminate in its entirety upon first notification to Optionee of such termination for Cause. If Optionee's Continuous Service Status is suspended pending an investigation of whether Optionee's Continuous Service Status will be terminated for Cause, all Optionee's rights under this Option, including the Termination Date. right to exercise this Option, shall be suspended during the investigation period. View More Arrow
Termination of Relationship. Following the date of termination of Optionee's Continuous Service Status for any reason (the "Termination Date"), Optionee may exercise the Option only as set forth in the Notice and this Section 5. To the extent that Optionee is not entitled to exercise this Option as of the Termination Date, or if Optionee does not exercise this Option within the Termination Period set forth in the Notice or the termination periods applicable period set forth below, the Option shall terminate in its entirety.... In no event event, may any Option be exercised after the Expiration Date of the Option as set forth in the Notice. below. (a) Termination. In the event of termination of Optionee's Continuous Service Status other than as a result of Optionee's disability Disability or death, death or for Cause (as defined in the Plan), Optionee may, to the extent Optionee is vested in the Option Shares at the date of such termination (the "Termination Date"), exercise this Option during the three (3) month period immediately following the Termination Period set forth in the Notice. Date. (b) Other Terminations. In connection with any termination other than a termination covered by Section 5(a), Optionee may exercise the Option only as described below: (i) Termination upon Disability of Optionee. In the event of termination of Optionee's Continuous Service Status as a result of Optionee's disability, Disability, Optionee may, but only within six (6) months from the Termination Date, exercise this Option to the extent Optionee was vested in the Option Shares as of such Termination Date. For purposes of this Agreement, "Disability" means the Optionee's inability, in the opinion of a qualified physician acceptable to the Company, to perform the major duties of Optionee's position because of his or her sickness or injury. Any exercise of this Option beyond (i) three (3) months after Optionee's termination of Continuous Service Status, when such termination is for any reason other than Optionee's death or disability, within the meaning of Section 22(e)(3) of the Code; or (ii) twelve (12) months after Optionee's termination of Continuous Service Status, when such termination is for Optionee's disability, within the meaning of Section 22(e)(3) of the code, is deemed to be a Nonstatuory Stock Option. (ii) Death of Optionee. In the event of the death of Optionee (a) during the term of this Option and while an Employee or Consultant of the Company and having been in Continuous Service Status since the date of grant of the Option, or (b) within thirty (30) days after Optionee's Termination Date, the Option may be exercised at any time within twelve (12) months following the date of death by Optionee's estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent Optionee was vested in the Option as of the Termination Date. -3- (iii) Termination for Cause. In the event Optionee's Continuous Service Status is terminated for Cause, the Option shall terminate immediately upon such termination for Cause as set forth in Section 10(b)(iv) of the Plan. In the event Optionee's employment or consulting relationship with the Company is suspended pending investigation of whether such relationship shall be terminated for Cause, all Optionee's rights under the Option, including the right to exercise the Option, shall be suspended during the investigation period, also as set forth in Section 10(b)(iv) of the Plan. View More Arrow
Termination of Relationship. Following the date of termination of Optionee's Continuous Service Status for any reason (the "Termination Date"), Optionee may exercise the this Option only as set forth in the Notice and this Section 5. To the extent that Optionee is not entitled to exercise this Option as of the Termination Date, or if If Optionee does not exercise this Option within the Termination Period set forth in the Notice or the termination periods set forth below, the this Option shall terminate in its entirety. In n...o event event, may any Option be exercised after the Expiration Date of the this Option as set forth in the Notice. (a) Termination. In the event of termination of Optionee's Continuous Service Status other than as a result of Optionee's disability Disability or death, death or for Cause, Optionee may, to the extent Optionee is vested in the Option Shares Optioned Stock at the date of such termination (the "Termination Date"), termination, exercise this Option during the Termination Period set forth in the Notice. (b) Other Terminations. In connection with any termination other than a termination covered by Section 5(a), Optionee may exercise the this Option only as described below: (i) Termination upon Disability of Optionee. In the event of termination of Optionee's Continuous Service Status as a result of Optionee's disability, Disability, Optionee may, but only within six (6) months from 6 month(s) following the Termination Date, date of such termination, exercise this Option to the extent Optionee was is vested in the Option Shares as of such Termination Date. Optioned Stock. (ii) Death of Optionee. In the event of the death termination of Optionee (a) during the term of this Option and while an Employee or Consultant of the Company and having been in Optionee's Continuous Service Status since as a result of Optionee's death, or in the date event of grant of the Option, or (b) Optionee's death within thirty (30) days after 3 month(s) following Optionee's Termination Date, the this Option may be exercised at any time within twelve (12) months 9 month(s) following the date of death (or, if earlier, the date Optionee's Continuous Service Status terminated) by Optionee's estate or by a person who acquired the right to exercise the this Option by bequest or inheritance, but only to the extent Optionee was is vested in this Option. (iii) Termination for Cause. In the event Optionee's Continuous Service Status is terminated for Cause, the Option as shall terminate immediately upon such termination for Cause. In the event Optionee's employment or consulting relationship with the Company is suspended pending investigation of whether such relationship shall be terminated for Cause, all Optionee's rights under the Termination Date. Option, including the right to exercise the Option, shall be suspended during the investigation period. View More Arrow
Termination of Relationship. Following the date of termination of Optionee's Continuous Service Status for any reason (the "Termination Date"), Optionee may exercise the this Option only as set forth in the Notice and this Section 5. To the extent that Optionee is not entitled to exercise this Option as of the Termination Date, or if If Optionee does not exercise this Option within the Termination Period set forth in the Notice or the termination periods set forth below, the this Option shall terminate in its entirety. In n...o event event, may any Option be exercised after the Expiration Date of the this Option as set forth in the Notice. (a) Termination. In the event of termination of Optionee's Continuous Service Status other than as a result of Optionee's disability Disability or death, death or for Cause, Optionee may, to the extent Optionee is vested in the Option Shares Optioned Stock at the date of such termination (the "Termination Date"), termination, exercise this Option during the Termination Period set forth in the Notice. (b) Other Terminations. In connection with any termination other than a termination covered by Section 5(a), Optionee may exercise the this Option only as described below: (i) Termination upon Disability of Optionee. In the event of termination of Optionee's Continuous Service Status as a result of Optionee's disability, Disability, Optionee may, but only within six (6) months from month(s) following the Termination Date, date of such termination, exercise this Option to the extent Optionee was is vested in the Option Shares as of such Termination Date. Optioned Stock. (ii) Death of Optionee. In the event of the death termination of Optionee (a) during the term of this Option and while an Employee or Consultant of the Company and having been in Optionee's Continuous Service Status since as a result of Optionee's death, or in the date event of grant of the Option, or (b) Optionee's death within thirty (30) days after six month(s) following Optionee's Termination Date, the this Option may be exercised at any time within twelve (12) months month(s) following the date of death (or, if earlier, the date Optionee's Continuous Service Status terminated) by Optionee's estate or by a person who acquired the right to exercise the this Option by bequest or inheritance, but only to the extent Optionee was is vested in this Option. (iii) Termination for Cause. In the event Optionee's Continuous Service Status is terminated for Cause, the Option as shall terminate immediately upon such termination for Cause. In the event Optionee's employment or consulting relationship with the Company is suspended pending investigation of whether such relationship shall be terminated for Cause, all Optionee's rights under the Termination Date. Option, including the right to exercise the Option, shall be suspended during the investigation period. View More Arrow
Termination of Relationship. Following the date of termination of Optionee's Continuous Service Status for any reason (the "Termination Date"), Optionee may exercise the this Option only as set forth in the Notice and this Section 5. To the extent that Optionee is not entitled to exercise this Option as of the Termination Date, or if If Optionee does not exercise this Option within the Termination Period set forth in the Notice or the termination periods set forth below, the this Option shall terminate in its entirety. In n...o event event, may any Option be exercised after the Expiration Date of the this Option as set forth in the Notice. (a) Termination. In the event of termination of Optionee's Continuous Service Status other than as a result of Optionee's disability Disability or death, death or for Cause, Optionee may, to the extent Optionee is vested in the Option Shares at the date of such termination (the "Termination Date"), Shares, exercise this Option during the Termination Period set forth in the Notice. (b) Other Terminations. In connection with any termination other than a termination covered by Section 5(a), Optionee may exercise the this Option only as described below: (i) Termination upon Disability of Optionee. In the event of termination of Optionee's Continuous Service Status as a result of Optionee's disability, Disability, Optionee may, but only within six (6) twelve (12) months from following the Termination Date, exercise this Option to the extent Optionee was is vested in the Option Shares as of such Termination Date. Shares. (ii) Death of Optionee. In the event of the death termination of Optionee (a) during the term of this Option and while an Employee or Consultant of the Company and having been in Optionee's Continuous Service Status since as a result of Optionee's death, or in the date event of grant of the Option, or (b) Optionee's death within thirty (30) days after three (3) months following Optionee's Termination Date, the this Option may be exercised at any time within twelve (12) months following the date of death (or, if earlier, the date Optionee's Continuous Service Status terminated) by Optionee's estate or by a person who acquired the right to exercise the this Option by bequest or inheritance, but only to the extent Optionee was is vested in this Option. 3 (iii) Termination for Cause. In the event of termination of Optionee's Continuous Service Status for Cause, this Option as (including any vested portion thereof) shall immediately terminate in its entirety upon first notification to Optionee of such termination for Cause. If Optionee's Continuous Service Status is suspended pending an investigation of whether Optionee's Continuous Service Status will be terminated for Cause, all Optionee's rights under this Option, including the Termination Date. right to exercise this Option, shall be suspended during the investigation period. View More Arrow
Termination of Relationship. Following the date of termination of Optionee's Continuous Service Status for any reason (the "Termination Date"), Optionee may exercise the this Option only as set forth in the Notice and this Section 5. To the extent that Optionee is not entitled to exercise this Option as of the Termination Date, or if If Optionee does not exercise this Option within the Termination Period set forth in the Notice or the termination periods set forth below, the this Option shall terminate in its entirety. In n...o event event, may any Option be exercised after the Expiration Date of the this Option as set forth in the Notice. (a) Termination. In the event of termination of Optionee's Continuous Service Status other than as a result of Optionee's disability Disability or death, death or for Cause, Optionee may, to the extent Optionee is vested in the Option Shares at the date of such termination (the "Termination Date"), Shares, exercise this Option during the Termination Period set forth in the Notice. (b) Other Terminations. In connection with any termination other than a termination covered by Section 5(a), Optionee may exercise the this Option only as described below: (i) Termination upon Disability of Optionee. In the event of termination of Optionee's Continuous Service Status as a result of Optionee's disability, Disability, Optionee may, but only within six (6) months from following the Termination Date, date of such termination (the "Termination Date"), exercise this Option to the extent Optionee was is vested in the Option Shares as of such Termination Date. Shares. (ii) Death of Optionee. In the event of the death termination of Optionee (a) during the term of this Option and while an Employee or Consultant of the Company and having been in Optionee's Continuous Service Status since as a result of Optionee's death, or in the date event of grant of the Option, or (b) Optionee's death within thirty (30) days after twelve months following Optionee's Termination Date, the this Option may be exercised at any time within twelve (12) months following the date of death (or, if earlier, the date Optionee's Continuous Service Status terminated) by Optionee's estate or by a person who acquired the right to exercise the this Option by bequest or inheritance, but only to the extent Optionee was is vested in this Option. (iii) Termination for Cause. In the event of termination of Optionee's Continuous Service Status for Cause, this Option as (including any vested portion thereof) shall immediately terminate in its entirety upon first notification to Optionee of such termination for Cause. If Optionee's Continuous Service Status is suspended pending an investigation of whether Optionee's Continuous Service Status will be terminated for Cause, all Optionee's rights under this Option, including the Termination Date. right to exercise this Option, shall be suspended during the investigation period. View More Arrow