Common use of Acceleration of Option Vesting Clause in Contracts

Acceleration of Option Vesting. On the Termination Date (i) the vesting of your right to exercise all then outstanding HNC common stock options then held by you (collectively your "OPTIONS") that are then unvested will accelerate so that your Options will then be vested and exercisable to the same extent that they would have been vested and exercisable (under the provisions of the Options that provide vesting based solely on your continuous employment) if you had remained continuously employed by HNC until one (1) year after the Termination Date, and (ii) all your Options will continue to be exercisable by you for a period ending upon the earlier of (A) one (1) year after the Termination Date or (B) the date on which your Options would otherwise expire (other than an expiration due solely to termination of your employment) in accordance with their respective original terms; provided, however, that if the operation of this Section 6 is triggered by a Deemed Termination, then all references in this Section 6(b) (other than the reference to the "Termination Date" in clause (ii) above) will, solely for purposes of this Section 6(b), refer to and mean the Deemed Termination Date rather than the Termination Date. The foregoing provisions of this Section 6(b) amend the current terms of your Options.

Acceleration of Option Vesting. On the Termination Date (i) the vesting of your right to exercise all then outstanding HNC common stock options then held by you (collectively your "OPTIONS") that are then unvested will accelerate so that your Options will then be vested and exercisable to the same extent that they would have been vested and exercisable (under the provisions of the Options that provide vesting based solely on your continuous employment) if you had remained continuously employed by HNC until one (1) year after the Termination Date, and (ii) all your Options will continue to be exercisable by you for a period ending upon the earlier of (A) one (1) year after the Termination Date or (B) the date on which your Options would otherwise expire (other than an expiration due solely to termination of your employment) in accordance with their respective original terms; provided, however, that if the operation of this Section 6 is triggered by a Deemed Termination, then all references in this Section 6(b) (other than the reference to the "Termination Date" in clause (ii) above) will, solely for purposes of this Section 6(b), refer to and mean the Deemed Termination Date rather than the Termination Date. The foregoing provisions of this Section 6(b) amend the current terms of your OptionsOptions but will not adversely affect or change the vesting acceleration provisions now contained in your currently outstanding Options which provide for accelerated vesting if the trading price of HNC's common stock reaches certain levels for certain periods of time.

Acceleration of Option Vesting. On the Termination Date (i) the vesting of your right to exercise all then outstanding HNC common stock options then held by you (collectively your "OPTIONS") that are then unvested will accelerate so that your Options will then be vested and exercisable to the same extent that they would have been vested and exercisable (under the provisions of the Options that provide vesting based solely on your continuous employment) if you had remained continuously employed by HNC until one (1) year after the Termination Date, and (ii) all your Options will continue to be exercisable by you for a period ending upon the earlier of (A) one (1) year after the Termination Date or (B) the date on which your Options would otherwise expire (other than an expiration due solely to termination of your employment) in accordance with their respective original terms; provided, however, that if the operation of this Section 6 is triggered by a Deemed Termination, then all references in this Section 6(b) (other than the reference to the "Termination Date" in clause (ii) above) will, solely for purposes of this Section 6(b), refer to and mean the Deemed Termination Date rather than the Termination Date. The foregoing provisions of this Section 6(b) amend the current terms of your OptionsOptions but will not adversely affect or change the vesting acceleration provisions now contained in your currently outstanding Option to purchase up to 400,000 shares that was granted to you in January 2001, which provide for accelerated vesting if the trading price of HNC's common stock reaches certain levels for certain periods of time.

Acceleration of Option Vesting. On the Termination Date (i) the vesting of your right to exercise all then outstanding HNC common stock options then held by you (collectively your "OPTIONS") that are then unvested will accelerate so that your Options will then be vested and exercisable to the same extent that they would have been vested and exercisable (under the provisions of the Options that provide vesting based solely on your continuous employment) if you had remained continuously employed by HNC until one (1) year after the Termination Date, and (ii) all your Options will continue to be exercisable by you for a period ending upon the earlier of (A) one (1) year after the Termination Date or (B) the date on which your Options would otherwise expire (other than an expiration due solely to termination of your employment) in accordance with their respective original terms; providedPROVIDED, howeverHOWEVER, that if the operation of this Section 6 is triggered by a Deemed Termination, then all references in this Section 6(b) (other than the reference to the "Termination Date" in clause (ii) above) will, solely for purposes of this Section 6(b), refer to and mean the Deemed Termination Date rather than the Termination Date. The foregoing provisions of this Section 6(b) amend the current terms of your Options.