Example ContractsClausestermination of unexercisable optionsVariants
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No portion of an Initial Option or Annual Option which is unvested or unexercisable at the time of a Non-Employee Director’s termination of service on the Board shall become vested and exercisable thereafter.

No portion of an Initial Option or Annual Option which is unvested or unexercisable at the time of a Non-Employee Director’Director’s termination of service on the Board shall become vested and exercisable thereafter.

No portion of anthe Initial OptionAwards or Annual OptionAwards which is unvested or unexercisable at the time of a Non-Employee Director’Director’s termination of service on the Board shall become vested and exercisable thereafter.

NoForfeiture of Options. Unless the Board otherwise determines, any portion of an Initial Option, Subsequent Option or AnnualElective Option which is unvested or unexercisable at the time of a Non-Employee Director’Director’s termination of service on the Board as a Non-Employee Director, or in the applicable position, shall be immediately forfeited upon such termination of service and shall not thereafter become vested and exercisable thereafter.exercisable. All of a Non-Employee Director’s Initial Options and Subsequent Options shall vest in full immediately prior to the occurrence of a Change in Control (as defined in the Equity Plan), to the extent outstanding at such time.

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