Common use of Change in Control during 2006 Clause in Contracts

Change in Control during 2006. In the event of a Change in Control during 2006, (i) if Holder is an Employee, Director or Consultant immediately prior to such Change in Control, the Option shall then vest and become exercisable as to a number of shares of Common Stock equal to seventy-five percent (75%) of the number of then unvested shares of Common Stock subject to the Option, and (ii) if Holder is an Employee, Director or Consultant on the first anniversary of the date of the occurrence of such Change in Control, the Option shall then vest and become exercisable as to the remaining unvested shares of Common Stock subject to the Option.