Common use of Stock Options and Warrants Clause in Contracts

Stock Options and Warrants. (a) At the Effective Time, all options to purchase Company Common Stock then outstanding under the Company's (i) 1984 Stock Option Plan, (ii) Amended 1987 Stock Option Plan and (iii) 1993 Officer and Director Stock Option Plan (each as amended, collectively, the "Option Plans"), by virtue of the Merger and without any action on the part of the holder thereof, shall be assumed by Parent in accordance with Section 5.5.

Stock Options and Warrants. (a) At the Effective Time, all options to purchase Company Common Stock then outstanding under the Company's (i) 1984 1995 Stock Option Plan, as amended (ii) Amended 1987 the "1995 Plan"), the Company's 1999 Stock Option Plan and Plan, as amended (iii) 1993 Officer and Director Stock Option Plan (each as amendedthe "1999 Plan" and, collectivelytogether with the 1995 Plan, the "Option Plans"), ) by virtue of the Merger and without any action on the part of the holder thereof, shall be assumed by Parent in accordance with Section 5.5.

Stock Options and Warrants. (a) At the Effective Time, all options to purchase Company Common Stock then outstanding under the Company's (i) 1984 1996 Stock Option Option/Stock Issuance Plan, (ii) Amended 1987 Stock Option Plan and (iii) 1993 Officer and Director including options originally granted under Company's 1990 Stock Option Plan (each as amended, collectively, the "Company Option PlansPlan"), by virtue of the Merger and without any action on the part of the holder thereof, shall be assumed by Parent in accordance with Section 5.55.7(a) hereof and all warrants to purchase Company Common Stock then outstanding (other than those that Parent elects not to assume and to deem converted pursuant to the terms thereof) shall be assumed by Parent or converted in accordance with Section 5.7(b) hereof.

Stock Options and Warrants. (a) At the Effective Time, all options and stock purchase rights to purchase Company Common Stock (each a "Company Option") then outstanding under the Company's 1995 Stock Option Plan (the "Option Plan") or otherwise, whether vested or unvested, and all warrants to purchase Company Common Stock then outstanding under the Company's (i) 1984 Stock Option Plan, (ii) Amended 1987 Stock Option Plan and (iii) 1993 Officer and Director Stock Option Plan (each as amendeda "Company Warrant") shall be, collectivelyin connection with the Merger, the "Option Plans"), by virtue of the Merger and without any action on the part of the holder thereof, shall be assumed by Parent in accordance with Section 5.5provisions described below.