Termination Period. (a) General Rule. Except as provided below, and subject to the Plan, this Option may be exercised for three months after Participant's Termination with the Company or any Parent or Subsidiary. In no event shall this Option be exercised later than the Expiration Date set forth in the Notice. (b) Death; Disability. Unless provided otherwise in the Notice, upon Participant's Termination by reason of his or her Disability or death, or if a Participant dies within three months of the Termination
... Date, this Option may be exercised for twelve months, provided that in no event shall this Option be exercised later than the Expiration Date set forth in the Notice. (c) Cause. Upon Participant's Termination for Cause, the Option shall expire on such date of Participant's Termination Date. (d) Measurement Date. In the event of Participant's Termination (whether or not in breach of local labor laws), Participant's right to exercise the Option after Termination, if any, will be measured by the date of termination of Participant's active services and will not be extended by any notice period mandated under employment laws in the jurisdiction where Participant is employed or terms of Participant's employment agreement, if any).
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Termination Period. (a) General Rule. Except as provided below, and subject to the Plan, this
Option Option, to the extent exercisable as of the Termination Date, may be exercised
for three months after Participant's at any time during the 90 day period following the Termination
with the Company or any Parent or Subsidiary. Date. In no event shall this Option be exercised later than the Expiration Date set forth in the Notice. (b) Death; Disability. Unless provided otherwise in the Notice, upon Participant's
... Termination by reason of his or her Disability or death, or death (or if a Participant dies within three months 90 days of a Termination other than for Cause or due to Disability), this Option, to the extent exercisable as of the Termination Date, this Option may be exercised for at any time during the twelve months, month period following such Termination Date, provided that in no event shall this Option be exercised later than the Expiration Date set forth in the Notice. Unless provided otherwise in the Notice, upon Participant's Termination by reason of his or her Disability, this Option, to the extent exercisable as of the Termination Date, may be exercised at any time during the six month period following the Termination Date, provided that in no event shall this Option be exercised later than the Expiration Date set forth in the Notice. (c) Cause. Upon Participant's Termination for Cause, Cause (as defined in the Plan), the Option shall expire on such date of Participant's the Termination Date. (d) Measurement Date. In the event of Participant's Termination (whether or not in breach of local labor laws), Participant's right to exercise the Option after Termination, if any, will be measured by the date of termination of Participant's active services and will not be extended by any notice period mandated under employment laws in the jurisdiction where Participant is employed or terms of Participant's employment agreement, if any).
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Termination Period. (a) General Rule. Except as provided below, and subject to the Plan, this Option may be exercised for
three 3 months after
Participant's an involuntary Termination
with the Company or any Parent or Subsidiary. without Cause of Participant. In no event shall this Option be exercised later than the
Expiration Term/Expiration Date set forth in the
Notice. Notice of Grant. (b)
Death; Disability. Unless provided otherwise in Death. Upon the
Notice, upon Participant's Termination
of Participant by
... reason of his or her Disability or death, or if a Participant dies within three months of the Termination Date, this Option may be exercised for twelve months, months after the date of Termination, provided that in no event shall this Option be exercised later than the Expiration Term/Expiration Date set forth in the Notice. Notice of Grant. (c) Disability. Upon the Termination of Participant by reason of his or her Disability, this Option may be exercised for twelve months after the date of Termination, provided that in no event shall this Option be exercised later than the Term/Expiration Date set forth in the Notice of Grant. (d) Cause. Upon Participant's the Termination of Participant for Cause, the Option shall expire on such date of Participant's Termination Date. (d) Measurement Date. In the event of Participant's Termination (whether or not in breach of local labor laws), Participant's right to exercise the Option after Termination, if any, will be measured by the date of termination of Participant's active services and will not be extended by any notice period mandated under employment laws in the jurisdiction where Participant is employed or terms of Participant's employment agreement, if any).
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Termination Period. (a) General Rule. Except as provided below, and subject to the Plan, this Option may be exercised for
three months 180 days after Participant's Termination with
the Company or any Parent or Subsidiary. Workday. In no event
shall will this Option be exercised later than the Expiration Date set forth in the Notice. (b) Death; Disability. Unless provided otherwise in the Notice, upon Participant's Termination by reason of his or her
Disability death or
death, "permanent and total disability" as... described in the Plan, or if a Participant dies within three 3 months of the Termination Date, this Option may be exercised for twelve months, months after the Termination Date, provided that in no event shall will this Option be exercised later than the Expiration Date set forth in the Notice. (c) Unless provided otherwise in the Notice, upon Participant's Termination by reason of his or her Disability (other than a "permanent and total disability") , this Option may be exercised for six months after the Termination Date, provided that in no event will this Option be exercised later than the Expiration Date set forth in the Notice.(c) Cause. Upon Participant's Termination for Cause, Cause (as defined in the Plan), the Option shall will expire on such date of Participant's Termination Date. (d) Measurement Date. In the event of Participant's Termination (whether or not in breach of local labor laws), Participant's right to exercise the Option after Termination, if any, will be measured by the date of termination of Participant's active services and will not be extended by any notice period mandated under employment laws in the jurisdiction where Participant is employed or terms of Participant's employment agreement, if any).
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Termination Period. (a) General Rule.
Except as provided below, If Participant's Service terminates for any reason except death or Disability, and
subject to the Plan, other than for Cause, then this Option
may be exercised for will expire at the close of business at Company headquarters on the date three
(3) months after Participant's Termination
Date (as defined below) (or such shorter time period not less than thirty (30) days or longer time period as may be determined by the Committee, with
any exercise beyond... three (3) months after the date Participant's Service terminates deemed to be the exercise of an NSO). The Company or any Parent or Subsidiary. In no event shall determines when Participant's Service terminates for all purposes under this Option be exercised later than the Expiration Date set forth in the Notice. Agreement. (b) Death; Disability. Unless provided otherwise in the Notice, upon If Participant dies before Participant's Termination by reason of his or her Disability or death, or if a Service terminates (or Participant dies within three months of the Termination Date, Participant's termination of Service other than for Cause), then this Option will expire at the close of business at Company headquarters on the date twelve (12) months after the date of death (or such shorter time period not less than six (6) months or longer time period as may be exercised for twelve months, provided that determined by the Committee, subject to the expiration details in no event shall Section 7). If Participant's Service terminates because of Participant's Disability, then this Option will expire at the close of business at Company headquarters on the date twelve (12) months after Participant's Termination Date (or such shorter time period not less than six (6) months or longer time period as may be exercised later than determined by the Expiration Date set forth Committee, subject to the expiration details in the Notice. Section 7). (c) Cause. Upon Participant's Termination for Cause, Unless otherwise determined by the Committee, the Option shall expire on such date of Participant's Termination Date. (d) Measurement Date. In the event of Participant's Termination (whether or not vested) will terminate immediately upon the Participant's cessation of Services if the Company reasonably determines in good faith that such cessation of Services has resulted in connection with an act or failure to act constituting Cause (or the Participant's Services could have been terminated for Cause (without regard to the lapsing of any required notice or cure periods in connection therewith) at the time the Participant terminated Services). 1 (d) No Notification of Exercise Periods. Participant is responsible for keeping track of these exercise periods following Participant's termination of Service for any reason. The Company will not provide further notice of such periods. Termination. For purposes of this Option, Participant's Service will be considered terminated (regardless of the reason for such termination and whether or not later found to be invalid or in breach of local labor laws), employment laws in the jurisdiction where Participant is employed or the terms of Participant's right to exercise the Option after Termination, employment agreement, if any, will be measured by any) as of the date Participant is no longer actively providing services to the Company, its Parent or one of termination its Subsidiaries or Affiliates (i.e., Participant's period of Participant's active services and will Service would not be extended by include any contractual notice period or any period of "garden leave" or similar period mandated under employment laws in the jurisdiction where Participant is employed or the terms of Participant's employment agreement, if any). any) (the "Termination Date"). Unless otherwise provided in this Option Agreement or determined by the Company, Participant's right to vest in the Option under the Plan, if any, will terminate as of the Termination Date and Participant's right to exercise the Option after termination of Service, if any, will be measured from the Termination Date. In case of any dispute as to whether and when a termination of Service has occurred, the Committee will have sole discretion to determine whether such termination of Service has occurred and the effective date of such termination (including whether Participant may still be considered to be actively providing Services while on a leave of absence). If Participant does not exercise this Option within the termination period set forth in the Notice or the termination periods set forth above, the Option shall terminate in its entirety. In no event may any Option be exercised after the Expiration Date of the Option as set forth in the Notice.
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Termination Period. (a) General Rule.
Except as provided below, If Participant's Service terminates for any reason except death or Disability, and
subject to the Plan, other than for Cause, then this Option
may be exercised for will expire at the close of business at Company headquarters on the date three
(3) months after Participant's Termination
Date (as defined below) (or such shorter time period not less than thirty (30) days or longer time period as may be determined by the Committee, with
any exercise beyond... three (3) months after the date Participant's Service terminates deemed to be the exercise of an NSO). The Company determines when Participant's Service terminates for all purposes under this Option Agreement. (b) Death; Disability. If Participant dies before Participant's Service terminates (or Participant dies within three months of Participant's termination of Service other than for Cause), then this Option will expire at the close of business at Company headquarters on the date twelve (12) months after the date of death (or such shorter time period not less than six (6) months or longer time period as may be determined by the Committee or a shorter period set forth in the Appendix for a specific jurisdiction, subject to the expiration details in Section 7). If Participant's Service terminates because of Participant's Disability, then this Option will expire at the close of business at Company headquarters on the date twelve (12) months after Participant's Termination Date (or such shorter time period not less than six (6) months or longer time period as may be determined by the Committee or a shorter period set forth in the Appendix for a specific jurisdiction, subject to the expiration details in Section 7). 1 (c) Cause. Unless otherwise determined by the Committee, the Option (whether or not vested) will terminate immediately upon the Participant's cessation of Services if the Company reasonably determines in good faith that such cessation of Services has resulted in connection with an act or failure to act constituting Cause (or the Participant's Services could have been terminated for Cause (without regard to the lapsing of any Parent required notice or Subsidiary. cure periods in connection therewith) at the time the Participant terminated Services). (d) No Notification of Exercise Periods. Participant is responsible for keeping track of these exercise periods following Participant's termination of Service for any reason. The Company will not provide further notice of such periods. In no event shall this Option be exercised later than the Expiration Date set forth in the Notice. (b) Death; Disability. Unless provided otherwise in the Notice, upon (e) Termination. For purposes of this Option, Participant's Termination by reason of his or her Disability or death, or if a Participant dies within three months Service will be considered terminated (regardless of the Termination Date, this Option may be exercised reason for twelve months, provided that in no event shall this Option be exercised later than the Expiration Date set forth in the Notice. (c) Cause. Upon Participant's Termination for Cause, the Option shall expire on such date of Participant's Termination Date. (d) Measurement Date. In the event of Participant's Termination (whether termination and whether or not later found to be invalid or in breach of local labor laws), employment laws in the jurisdiction where Participant is employed or the terms of Participant's right to exercise the Option after Termination, employment agreement, if any, will be measured by any) as of the date Participant is no longer actively providing services to the Company, its Parent or one of termination its Subsidiaries or Affiliates (i.e., Participant's period of Participant's active services and will Service would not be extended by include any contractual notice period or any period of "garden leave" or similar period mandated under employment laws in the jurisdiction where Participant is employed or the terms of Participant's employment agreement, if any). any) (the "Termination Date"). Unless otherwise provided in this Option Agreement or determined by the Company, Participant's right to vest in the Option under the Plan, if any, will terminate as of the Termination Date and Participant's right to exercise the Option after termination of Service, if any, will be measured from the Termination Date. In case of any dispute as to whether and when a termination of Service has occurred, the Committee will have sole discretion to determine whether such termination of Service has occurred and the effective date of such termination (including whether Participant may still be considered to be actively providing Services while on a leave of absence). If Participant does not exercise this Option within the termination period set forth in the Notice or the termination periods set forth above, the Option shall terminate in its entirety. In no event, may any Option be exercised after the Expiration Date of the Option as set forth in the Notice.
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Termination Period. (a) General Rule. Except as provided below, and subject to the Plan, this
Option SAR may be exercised for three months after Participant's
Termination with the Company or any Parent or Subsidiary. Termination. In no event
shall will this
Option SAR be exercised later than the Expiration Date set forth in the Notice. (b) Death; Disability. Unless provided otherwise in the Notice, upon Participant's Termination by reason of his or her
Disability death or
death, "permanent and total disability" as... described in the Plan, or if a Participant dies within three months of the Termination Date, this Option the SAR may be exercised for twelve months, months after the Termination Date, provided that in no event shall this Option will the SAR be exercised later than the Expiration Date set forth in the Notice. Unless provided otherwise in the Notice, upon Participant's Termination by reason of his or her Disability (other than a "permanent and total disability"), the SAR may be exercised for twelve months after the Termination Date, provided that in no event will the SAR be exercised later than the Expiration Date set forth in the Notice. (c) Cause. Upon Participant's Termination for Cause, Cause (as defined in the Option shall Plan), the SAR will expire on such date of Participant's Termination Date. (d) Measurement Date. In Termination. For purposes of these SARs, Participant's service will be considered terminated as of the event date Participant is no longer providing services to Cray, its Parent or one of Participant's Termination (whether its Subsidiaries (regardless of the reason for such termination and whether or not later found to be invalid or in breach of local labor laws), employment laws in the jurisdiction where Participant is employed or the terms of Participant's employment agreement, if any) (the "Termination Date"). The Committee shall have the exclusive discretion to determine when Participant is no longer actively providing services for purposes of the SARs (including whether Participant may still be considered to be providing services while on an approved leave of absence). Unless otherwise provided in this Agreement or determined by Cray, Participant's right to exercise vest in the Option after Termination, SARs under the Plan, if any, will terminate as of the Termination Date and will not be measured extended by any notice period (e.g., 3 Participant's period of services would not include any contractual notice period or any period of "garden leave" or similar period mandated under employment laws in the jurisdiction where Participant is employed or the terms of Participant's employment agreement, if any). Following the Termination Date, Participant may exercise the SARs only as set forth in the Notice and this Section, provided that the period (if any) during which Participant may exercise the SARs after the Termination Date, if any, will commence on the date of termination of Participant's active Participant ceases to provide services and will not be extended by any notice period mandated under employment laws in the jurisdiction where Participant is employed or terms of Participant's employment agreement, if any). any. If Participant does not exercise the SARs within the termination periods set forth in this Section, the SARs shall terminate in its entirety. In no event, may the SARs be exercised after the Expiration Date of the SARs as set forth in the Notice.
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Termination Period. (a) General Rule.
Except as provided below, If Participant's Service terminates for any reason except death or Disability, and
subject to other than for Cause (as defined in the
Plan, Plan), then this Option
may be exercised for will expire at the close of business at Playboy headquarters on the date three
(3) months after Participant's Termination
Date (as defined below) (or such shorter time period not less than thirty (30) days or longer time period as may be determined by the Committee,... with any exercise beyond three (3) months after the Company date Participant's Service terminates deemed to be the exercise of an NSO). If Participant's Service is terminated for Cause, this Option will expire upon the date of such termination. Playboy determines when Participant's Service terminates for all purposes under this Option Agreement. (b) Death; Disability. If Participant dies before Participant's Service terminates (or Participant dies within three months of Participant's termination of Service other than for Cause, then this Option will expire at the close of business at Playboy headquarters on the date 18 months after the date of death (or such shorter time period not less than six (6) months or longer time period as may be determined by the Committee, subject to the expiration details in Section 7). If Participant's Service terminates because of Participant's Disability, then this Option will expire at the close of business at Playboy headquarters on the date 12 months after Participant's Termination Date (or such shorter time period not less than six (6) months or longer time period as may be determined by the Committee, subject to the expiration details in Section 7). 1 (c) No Notice. Participant is responsible for keeping track of these exercise periods following Participant's termination of Service for any Parent or Subsidiary. reason. Playboy will not provide further notice of such periods. In no event shall will this Option be exercised later than the Expiration Date set forth in the Notice. (b) Death; Disability. Unless provided otherwise (d) Termination. For purposes of this Option, Participant's Service will be considered terminated as of the date Participant is no longer providing Services to Playboy, its Parent or one of its Subsidiaries or Affiliates (regardless of the reason for such termination and whether or not later found to be invalid or in breach of employment laws in the Notice, upon jurisdiction where Participant is employed or the terms of Participant's Termination employment agreement, if any) (the "Termination Date"). The Committee will have the exclusive discretion to determine when Participant is no longer actively providing services for purposes of Participant's Option (including whether Participant may still be considered to be providing services while on an approved leave of absence). Unless otherwise provided in this Option Agreement or determined by reason of his or her Disability or death, or Playboy, Participant's right to vest in this Option under the Plan, if a Participant dies within three months any, will terminate as of the Termination Date and will not be extended by any notice period (e.g., Participant's period of services would not include any contractual notice period or any period of "garden leave" or similar period mandated under employment laws in the jurisdiction where Participant is employed or the terms of Participant's employment agreement, if any). Following the Termination Date, this Participant may exercise the Option may be exercised for twelve months, provided that in no event shall this Option be exercised later than the Expiration Date only as set forth in the Notice. (c) Cause. Upon Participant's Termination for Cause, Notice and this Section, provided that the Option shall expire on such date of Participant's Termination Date. (d) Measurement Date. In the event of Participant's Termination (whether or not in breach of local labor laws), Participant's right to period (if any) during which Participant may exercise the Option after Termination, the Termination Date, if any, will be measured by commence on the date of termination of Participant's active Participant ceases to provide services and will not be extended by any notice period mandated under employment laws in the jurisdiction where Participant is employed or terms of Participant's employment agreement, if any). any. If Participant does not exercise this Option within the termination period set forth in the Notice or the termination periods set forth above, the Option will terminate in its entirety. In no event may any Option be exercised after the Expiration Date of the Option as set forth in the Notice.
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Termination Period. (a) General Rule.
Except as provided below, If Participant's Service terminates for any reason except death or Disability, and
subject to the Plan, other than for Cause, then this Option
may be exercised for will expire at the close of business at Company headquarters on the date three
(3) months after Participant's Termination
Date (as defined below) (or such shorter time period not less than thirty (30) days or longer time period as may be determined by the Committee, with
any exercise beyond... three (3) months after the date Participant's Service terminates deemed to be the exercise of an NSO). The Company determines when Participant's Service terminates for all purposes under this Option Agreement. (b) Death; Disability. If Participant dies before Participant's Service terminates (or Participant dies within three months of Participant's termination of Service other than for Cause), then this Option will expire at the close of business at Company headquarters on the date twelve (12) months after the date of death (or such shorter time period not less than six (6) months or longer time period as may be determined by the Committee, subject to the expiration details in Section 7). If Participant's Service terminates because of Participant's Disability, then this Option will expire at the close of business at Company headquarters on the date twelve (12) months after Participant's Termination Date (or such shorter time period not less than six (6) months or longer time period as may be determined by the Committee, subject to the expiration details in Section 7). (c) Cause. Unless otherwise determined by the Committee, the Option (whether or not vested) will terminate immediately upon the Participant's cessation of Services if the Company reasonably determines in good faith that such cessation of Services has resulted in connection with an act or failure to act constituting Cause (or the Participant's Services could have been terminated 1 for Cause (without regard to the lapsing of any Parent required notice or Subsidiary. cure periods in connection therewith) at the time the Participant terminated Services). (d) No Notification of Exercise Periods. Participant is responsible for keeping track of these exercise periods following Participant's termination of Service for any reason. The Company will not provide further notice of such periods. In no event shall this Option be exercised later than the Expiration Date set forth in the Notice. (b) Death; Disability. Unless provided otherwise in the Notice, upon (e) Termination. For purposes of this Option, Participant's Termination by reason of his or her Disability or death, or if a Participant dies within three months Service will be considered terminated (regardless of the Termination Date, this Option may be exercised reason for twelve months, provided that in no event shall this Option be exercised later than the Expiration Date set forth in the Notice. (c) Cause. Upon Participant's Termination for Cause, the Option shall expire on such date of Participant's Termination Date. (d) Measurement Date. In the event of Participant's Termination (whether termination and whether or not later found to be invalid or in breach of local labor laws), employment laws in the jurisdiction where Participant is employed or the terms of Participant's right to exercise the Option after Termination, employment agreement, if any, will be measured by any) as of the date Participant is no longer actively providing services to the Company, its Parent or one of termination its Subsidiaries or Affiliates (i.e., Participant's period of Participant's active services and will Service would not be extended by include any contractual notice period or any period of "garden leave" or similar period mandated under employment laws in the jurisdiction where Participant is employed or the terms of Participant's employment agreement, if any). any) (the "Termination Date"). Unless otherwise provided in this Option Agreement or determined by the Company, Participant's right to vest in the Option under the Plan, if any, will terminate as of the Termination Date and Participant's right to exercise the Option after termination of Service, if any, will be measured from the Termination Date. In case of any dispute as to whether and when a termination of Service has occurred, the Committee will have sole discretion to determine whether such termination of Service has occurred and the effective date of such termination (including whether Participant may still be considered to be actively providing Services while on a leave of absence). If Participant does not exercise this Option within the termination period set forth in the Notice or the termination periods set forth above, the Option shall terminate in its entirety. In no event, may any Option be exercised after the Expiration Date of the Option as set forth in the Notice.
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Termination Period. (a) General Rule.
Except as provided below, If Participant's Service terminates for any reason except death or Disability, and
subject to the Plan, other than for Cause, then this Option
may be exercised for will expire at the close of business at Company headquarters on the date three
(3) months after Participant's Termination
Date (as defined below) (or such shorter time period not less than thirty (30) days or longer time period as may be determined by the Committee, with
any exercise beyond... three (3) months after the date Participant's Service terminates deemed to be the exercise of an NSO). The Company determines when Participant's Service terminates for all purposes under this Option Agreement. (b) Death; Disability. If Participant dies before Participant's Service terminates (or Participant dies within three months of Participant's termination of Service other than for Cause), then this Option will expire at the close of business at Company headquarters on the date twelve (12) months after the date of death (or such shorter time period not less than six (6) months or longer time period as may be determined by the Committee, subject to the expiration details in Section 7). If Participant's Service terminates because of Participant's Disability, then this Option will expire at the close of business at Company headquarters on the date twelve (12) months after Participant's Termination Date (or such shorter time period not less than six (6) months or longer time period as may be determined by the Committee, subject to the expiration details in Section 7). (c) Cause. Unless otherwise determined by the Committee, the Option (whether or not vested) will terminate immediately upon the Participant's cessation of Services if the Company reasonably determines in good faith that such cessation of Services has resulted in connection with an act or failure to act constituting Cause (or the Participant's Services could have been terminated for Cause (without regard to the lapsing of any Parent required notice or Subsidiary. cure periods in connection therewith) at the time the Participant terminated Services). 1 (d) No Notification of Exercise Periods. Participant is responsible for keeping track of these exercise periods following Participant's termination of Service for any reason. The Company will not provide further notice of such periods. In no event shall this Option be exercised later than the Expiration Date set forth in the Notice. (b) Death; Disability. Unless provided otherwise in the Notice, upon (e) Termination. For purposes of this Option, Participant's Termination by reason of his or her Disability or death, or if a Participant dies within three months Service will be considered terminated (regardless of the Termination Date, this Option may be exercised reason for twelve months, provided that in no event shall this Option be exercised later than the Expiration Date set forth in the Notice. (c) Cause. Upon Participant's Termination for Cause, the Option shall expire on such date of Participant's Termination Date. (d) Measurement Date. In the event of Participant's Termination (whether termination and whether or not later found to be invalid or in breach of local labor laws), employment laws in the jurisdiction where Participant is employed or the terms of Participant's right to exercise the Option after Termination, employment agreement, if any, will be measured by any) as of the date Participant is no longer actively providing services to the Company, its Parent or one of termination its Subsidiaries or Affiliates (i.e., Participant's period of Participant's active services and will Service would not be extended by include any contractual notice period or any period of "garden leave" or similar period mandated under employment laws in the jurisdiction where Participant is employed or the terms of Participant's employment agreement, if any). any) (the "Termination Date"). Unless otherwise provided in this Option Agreement or determined by the Company, Participant's right to vest in the Option under the Plan, if any, will terminate as of the Termination Date and Participant's right to exercise the Option after termination of Service, if any, will be measured from the Termination Date. In case of any dispute as to whether and when a termination of Service has occurred, the Committee will have sole discretion to determine whether such termination of Service has occurred and the effective date of such termination (including whether Participant may still be considered to be actively providing Services while on a leave of absence). If Participant does not exercise this Option within the termination period set forth in the Notice or the termination periods set forth above, the Option shall terminate in its entirety. In no event, may any Option be exercised after the Expiration Date of the Option as set forth in the Notice.
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Termination Period. (a) General Rule.
Except as provided below, If Participant's Service terminates for any reason except death or Disability, and
subject to the Plan, other than for Cause, then this Option
may be exercised for will expire at the close of business at Company headquarters on the date three
(3) months after Participant's Termination
Date (as defined below) (or such shorter time period not less than thirty (30) days or longer time period as may be determined by the Committee, with
any exercise beyond... three (3) months after the date Participant's Service terminates deemed to be the exercise of an NSO). The Company determines when Participant's Service terminates for all purposes under this Option Agreement. (b) Death; Disability. If Participant dies before Participant's Service terminates (or Participant dies within three months of Participant's termination of Service other than for Cause), then this Option will expire at the close of business at Company headquarters on the date twelve (12) months after the date of death (or such shorter time period not less than six (6) months or longer time period as may be determined by the Committee, subject to the expiration details in Section 7). If Participant's Service terminates because of Participant's Disability, then this Option will expire at the close of business at Company headquarters on the date twelve (12) months after Participant's Termination Date (or such shorter time period not less than six (6) months or longer time period as may be determined by the Committee, subject to the expiration details in Section 7). (c) Cause. Unless otherwise determined by the Committee, the Option (whether or not vested) will terminate immediately upon the Participant's cessation of Services if the Company reasonably determines in good faith that such cessation of Services has resulted in connection with an act or failure to act constituting Cause (or the Participant's Services could have been terminated for Cause (without regard to the lapsing of any Parent required notice or Subsidiary. cure periods in connection therewith) at the time the Participant terminated Services). (d) No Notification of Exercise Periods. Participant is responsible for keeping track of these exercise periods following Participant's termination of Service for any reason. The Company will not provide further notice of such periods. In no event shall this Option be exercised later than the Expiration Date set forth in the Notice. (b) Death; Disability. Unless provided otherwise in the Notice, upon (e) Termination. For purposes of this Option, Participant's Termination by reason of his or her Disability or death, or if a Participant dies within three months Service will be considered terminated (regardless of the Termination Date, this Option may be exercised reason for twelve months, provided that in no event shall this Option be exercised later than the Expiration Date set forth in the Notice. (c) Cause. Upon Participant's Termination for Cause, the Option shall expire on such date of Participant's Termination Date. (d) Measurement Date. In the event of Participant's Termination (whether termination and whether or not later found to be invalid or in breach of local labor laws), employment laws in the jurisdiction where Participant is employed or the terms of Participant's right to exercise the Option after Termination, employment agreement, if any, will be measured by any) as of the date Participant is no longer actively providing services to the Company, its Parent or one of termination its Subsidiaries or Affiliates (i.e., Participant's period of Participant's active services and will Service would not be extended by include any contractual notice period or any period of "garden leave" or similar period mandated under employment laws in the jurisdiction where Participant is employed or the terms of Participant's employment agreement, if any). any) (the "Termination Date"). Unless otherwise provided in this Option Agreement or determined by the Company, Participant's right to vest in the Option under the Plan, if any, will terminate as of the Termination Date and Participant's right to exercise the Option after termination of Service, if any, will be measured from the Termination Date. In case of any dispute as to whether and when a termination of Service has occurred, the Committee will have sole discretion to determine whether such termination of Service has occurred and the effective date of such termination (including whether Participant may still be considered to be actively providing Services while on a leave of absence). If Participant does not exercise this Option within the termination period set forth in the Notice or the termination periods set forth above, the Option shall terminate in its entirety. In no event, may any Option be exercised after the Expiration Date of the Option as set forth in the Notice.
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