Exercise Period Upon Death or Disability. If the Participant dies or becomes disabled (within the meaning of Section 22(e)(3) of the Code) prior to the Final Exercise Date while he or she is an Eligible Participant and the Company has not terminated such relationship for cause as specified in paragraph # below, this option shall be exercisable, within the period of one year following the date of death or disability of the Participant, by the Participant (or in the case of death by an authorized transferee), provided that this option shall be exercisable only to the extent that this option was exercisable by the Participant on the date of his or her death or disability, and further provided that this option shall not be exercisable after the Final Exercise Date.
Exercise Period Upon Deathafter Death, Retirement, or Disability. If the Participant diesdies, Retires or becomes disabled (withinTotally and Permanently Disabled without having exercised this option in full, the meaningremaining portion of Section 22(e)(3) of the Code) priorthis option, determined without regard to the Final Exercise Date while he or she is an Eligible Participant and the Company has not terminated such relationship for cause as specifiedlimitations in paragraph # below, this option shall[subsection 2(a)], may be exercisable,exercised within the periodearlier of one year following# three years from the date of death or disabilityTotal and Permanent Disability or five years from the date of Retirement, as the Participant, bycase may be, or # the Participant (or inremaining period of this option. In the case of deatha Participant who dies, this option may be exercised by an authorized transferee), provided thatthe person or persons to whom the Participant's rights under this option shall be exercisable only to the extent that this option was exercisablepass by the Participant on the date ofwill or by applicable law or, if no such person has such rights, by his executor or her death or disability, and further provided that this option shall not be exercisable after the Final Exercise Date.administrator.
Exercise Period Upon Deathafter Death, Retirement, or Disability. If the Participant dies or becomes disabled (withinTotally and Permanently Disabled without having exercised this Option in full, the meaningremaining portion of Section 22(e)(3) of the Code) priorthis Option, determined without regard to the Final Exercise Date while he or she is an Eligible Participant and the Company has not terminated such relationship for cause as specifiedlimitations in paragraph # below, this option shall[Subsection 2(a)], may be exercisable,exercised within the periodearlier of one year following# three years from the date of death or disabilityTotal and Permanent Disability or # the remaining period of the Participant, by the Participant (or inthis Option. In the case of deatha Participant who dies, this Option may be exercised by an authorized transferee)the person or persons to whom the Participant's rights under this Option shall pass by will or by applicable law or, if no such person has such rights, by his executor or administrator. In the case of the Participant’s Retirement before the Participant has exercised this Option in full, then provided that, in the sole discretion of the Corporation, # no circumstances exist that could lead to a determination that the Participant should be, or could have been, terminated for Cause; and # the Participant has not engaged in conduct that would trigger the Committee’s right of recoupment under the Corporation's Recoupment Policy (as defined in Section 18 of this Award Agreement), provided thatthe remaining portion of this option shall be exercisable onlyOption, determined without regard to the extent that this option was exercisable bylimitations in [Subsection 2(a)], may be exercised within the Participant onearlier of # five years from the date of hisRetirement or her death or disability, and further provided that# the remaining period of this option shall not be exercisable after the Final Exercise Date.Option.
Exercise Period Upon Deathafter Death, Retirement, or Disability. If the Participant dies or becomes disabled (withinTotally and Permanently Disabled without having exercised this Option in full, the meaningremaining portion of Section 22(e)(3) of the Code) priorthis Option, determined without regard to the Final Exercise Date while he or she is an Eligible Participant and the Company has not terminated such relationship for cause as specifiedlimitations in paragraph # below, this option shall[Subsection 2(a)], may be exercisable,exercised within the periodearlier of one year following# three years from the date of death or disabilityTotal and Permanent Disability or # the remaining period of the Participant, by the Participant (or inthis Option. In the case of deatha Participant who dies, this Option may be exercised by an authorized transferee)the person or persons to whom the Participant's rights under this Option shall pass by will or by applicable law or, if no such person has such rights, by his executor or administrator. In the case of the Participant’s Retirement before the Participant has exercised this Option in full, then provided that, in the sole discretion of the Corporation, # no circumstances exist that could lead to a determination that the Participant should be, or could have been, terminated for Cause; and # the Participant has not engaged in conduct that would trigger the Committee’s right of recoupment under the Corporation's Recoupment Policy (as defined in Section 17 of this Award Agreement), provided thatthe remaining portion of this option shall be exercisable onlyOption, determined without regard to the extent that this option was exercisable bylimitations in [Subsection 2(a)], may be exercised within the Participant onearlier of # five years from the date of hisRetirement or her death or disability, and further provided that# the remaining period of this option shall not be exercisable after the Final Exercise Date.Option.
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