Common use of Confirmation of Grant of Option Clause in Contracts

Confirmation of Grant of Option. Pursuant to a determination by ------------------------------- the compensation committee of the Board of Directors of the Company (the "Committee"), on July 15, 1998, and pursuant to the Company's 1995 Stock Option and Incentive Award Plan (the "1995 Plan"), the Company, subject to the terms and conditions of this Agreement and the 1995 Plan, hereby confirms that the Employee has been granted, effective July 15, 1998 (the "Date of Grant"), as a separate inducement and Agreement, and in addition to and not in lieu of salary or other compensation for services, the right to purchase from the Company an aggregate of 20,000 shares of Common Stock (the "Options"). The Options shall vest as provided in Section 4 hereof and shall be subject to adjustment as provided in Section 6 hereof.

Confirmation of Grant of Option. Pursuant to a determination by ------------------------------- the compensation committee of the Board of Directors of the Company (the "Committee"), on July 15, 1998, and pursuant to the Company's 1995 Stock Option and Incentive Award Plan (the "1995 Plan"), the Company, subject to the terms and conditions of this Agreement and the 1995 Plan, hereby confirms that the Employee has been granted, effective July 15, 1998 (the "Date of Grant"), as a separate inducement and Agreement, and in addition to and not in lieu of salary or other compensation for services, the right to purchase from the Company an aggregate of 20,000 15,000 shares of Common Stock (the "Options"). The Options shall vest as provided in Section 4 hereof and shall be subject to adjustment as provided in Section 6 hereof.

Confirmation of Grant of Option. Pursuant to a determination by the authorization of the ------------------------------- Compensation Committee (the compensation committee "Committee") of the Board of Directors of the Company (the "Committee"), on July 15, 1998Company, and pursuant to the Company's 1995 Stock Option and Incentive Award Plan (as Amended in 1996) (the "1995 Plan"), the Company, subject to the terms and conditions of this Agreement and the 1995 PlanAgreement, hereby confirms that the Employee has been granted, effective July 15as of August 21, 1998 1996 (the "Date of Grant"), as a matter of separate inducement and Agreementagreement, and in addition to and not in lieu of salary or other compensation for services, the right to purchase from the Company an aggregate of 20,000 40,000 shares of Common Stock (the "Options"). The Options shall vest as provided in Section 4 hereof and shall be subject to adjustment as provided in Section 6 hereof. The Options shall constitute Nonqualified Stock Options under the Plan.

Confirmation of Grant of Option. Pursuant to a determination by ------------------------------- the compensation committee of the Board of Directors of the Company (the "Committee"), on July 15, 1998, and pursuant to the Company's 1995 Stock Option and Incentive Award Plan (the "1995 Plan"), the Company, subject to the terms and conditions of this Agreement and the 1995 Plan, hereby confirms that the Employee has been granted, effective July 15, 1998 (the "Date of Grant"), as a separate inducement and Agreement, and in addition to and not in lieu of salary or other compensation for services, the right to purchase from the Company an aggregate of 20,000 3,000 shares of Common Stock (the "Options"). The Options shall vest as provided in Section 4 hereof and shall be subject to adjustment as provided in Section 6 hereof.

Confirmation of Grant of Option. Pursuant to a -------------------------------- determination by ------------------------------- the compensation committee Compensation Committee of the Board of Directors of the Company (the "Committee"), on July 15JANUARY 16, 1998, 1997 and pursuant to the Company's 1995 Stock Option and Incentive Award Plan (the "1995 Plan"), the Company, subject to the terms and conditions of this Agreement and the 1995 PlanAgree ment, hereby confirms that the Employee has been granted, effective July 15JANUARY 16, 1998 1997 (the "Date of Grant"), as a matter of separate inducement and Agreementagreement, and in addition to and not in lieu of salary or other compensation for services, the right to purchase from the Company an aggregate of 20,000 30,000 shares of Common Stock (the "Options"). The Options shall vest as provided in Section 4 hereof and shall be subject to adjustment as provided in Section 6 hereof.

Confirmation of Grant of Option. Pursuant to a determination by the ------------------------------- Compensation Committee (the compensation committee "Committee") of the Board of Directors of the Company (the "Committee")on August 1, on July 15, 19981996, and pursuant to the Company's 1995 Stock Option and Incentive Award Plan (as Amended in 1996) (the "1995 Plan"), the Company, subject to the terms and conditions of this Agreement and the 1995 PlanAgreement, hereby confirms that the Employee has been granted, effective July 15August 1, 1998 1996 (the "Date of Grant"), as a matter of separate inducement and Agreementagreement, and in addition to and not in lieu of salary or other compensation for services, the right to purchase from the Company an aggregate of 20,000 150,000 shares of Common Stock (the "Options"). The Options shall vest as provided in Section 4 hereof and shall be subject to adjustment as provided in Section 6 hereof. The Options shall constitute Nonqualified Stock Options under the Plan.

Confirmation of Grant of Option. Pursuant to a determination by ------------------------------- the compensation committee Compensation Committee (the "Committee") of the Board of Directors of the Company (the "Committee")on August 1, on July 15, 19981996, and pursuant to the Company's 1995 Stock Option and Incentive Award Plan (as Amended in 1996) (the "1995 Plan"), the Company, subject to the terms and conditions of this Agreement and the 1995 PlanAgreement, hereby confirms that the Employee has been granted, effective July 15August 1, 1998 1996 (the "Date of Grant"), as a matter of separate inducement and Agreementagreement, and in addition to and not in lieu of salary or other compensation for services, the right to purchase from the Company an aggregate of 20,000 100,000 shares of Common Stock (the "Options"). The Options shall vest as provided in Section 4 hereof and shall be subject to adjustment as provided in Section 6 hereof. The Options shall constitute Nonqualified Stock Options under the Plan.

Confirmation of Grant of Option. Pursuant to a determination by ------------------------------- the compensation committee of the Board of Directors of the Company (the "Committee"), on July 15, 1998, and pursuant to the Company's 1995 Stock Option and Incentive Award Plan (the "1995 Plan"), the Company, subject to the terms and conditions of this Agreement and the 1995 Plan, hereby confirms that the Employee has been granted, effective July 15, 1998 (the "Date of Grant"), as a separate inducement and Agreement, and in addition to and not in lieu of salary or other compensation for services, the right to purchase from the Company an aggregate of 20,000 40,000 shares of Common Stock (the "Options"). The Options shall vest as provided in Section 4 hereof and shall be subject to adjustment as provided in Section 6 hereof.

Confirmation of Grant of Option. Pursuant to a determination by the authorization of the ------------------------------- Compensation Committee (the compensation committee "Committee") of the Board of Directors of the Company (the "Committee"), on July 15, 1998Company, and pursuant to the Company's 1995 Stock Option and Incentive Award Plan (as Amended in 1996) (the "1995 Plan"), the Company, subject to the terms and conditions of this Agreement and the 1995 PlanAgreement, hereby confirms that the Employee has been granted, effective July 15as of August 5, 1998 1996 (the "Date of Grant"), as a matter of separate inducement and Agreementagreement, and in addition to and not in lieu of salary or other compensation for services, the right to purchase from the Company an aggregate of 20,000 100,000 shares of Common Stock (the "Options"). The Options shall vest as provided in Section 4 hereof and shall be subject to adjustment as provided in Section 6 hereof. The Options shall constitute Nonqualified Stock Options under the Plan.

Confirmation of Grant of Option. Pursuant to a -------------------------------- determination by ------------------------------- the compensation committee Compensation Committee of the Board of Directors of the Company (the "Committee"), on July 15OCTOBER 29, 1998, 1996 and pursuant to the Company's 1995 Stock Option and Incentive Award Plan (the "1995 Plan"), the Company, subject to the terms and conditions of this Agreement and the 1995 PlanAgree ment, hereby confirms that the Employee has been granted, effective July 15OCTOBER 29, 1998 1996 (the "Date of Grant"), as a matter of separate inducement and Agreementagreement, and in addition to and not in lieu of salary or other compensation for services, the right to purchase from the Company an aggregate of 20,000 FIELD(2) shares of Common Stock (the "Options"). The Options shall vest as provided in Section 4 hereof and shall be subject to adjustment as provided in Section 6 hereof.

Confirmation of Grant of Option. Pursuant to a deterination ------------------------------- determination by ------------------------------- the compensation committee Compensation Committee of the Board of Directors of the Company (the "Committee"), on July 15OCTOBER 29, 1998, 1996 and pursuant to the Company's 1995 Stock Option and Incentive Award Plan (the "1995 Plan"), the Company, subject to the terms and conditions of this Agreement and the 1995 PlanAgree ment, hereby confirms that the Employee has been granted, effective July 15OCTOBER 29, 1998 1996 (the "Date of Grant"), as a matter of separate inducement and Agreementagreement, and in addition to and not in lieu of salary or other compensation for services, the right to purchase from the Company an aggregate of 20,000 24,655 shares of Common Stock (the "Options"). The Options shall vest as provided in Section 4 hereof and shall be subject to adjustment as provided in Section 6 hereof.

Confirmation of Grant of Option. Pursuant to a -------------------------------- determination by ------------------------------- the compensation committee Compensation Committee of the Board of Directors of the Company (the "Committee"), on July 15OCTOBER 29, 1998, 1996 and pursuant to the Company's 1995 Stock Option and Incentive Award Plan (the "1995 Plan"), the Company, subject to the terms and conditions of this Agreement and the 1995 PlanAgree ment, hereby confirms that the Employee has been granted, effective July 15OCTOBER 29, 1998 1996 (the "Date of Grant"), as a matter of separate inducement and Agreementagreement, and in addition to and not in lieu of salary or other compensation for services, the right to purchase from the Company an aggregate of 20,000 50,000 shares of Common Stock (the "Options"). The Options shall vest as provided in Section 4 hereof and shall be subject to adjustment as provided in Section 6 hereof.