Common use of Effective upon Clause in Contracts

Effective upon. a Change in Control (as defined ------------- below) of the Company, all stock options granted to the Officer and then outstanding under any Stock Option Plan (as defined below) of the Company shall become exercisable in full, notwithstanding any vesting schedule or other provisions to the contrary in the agreements evidencing such options; and the Company and the Officer hereby agree that such option agreements are hereby and will be deemed amended to give effect to this provision.

Effective upon. a Change in Control (as defined ------------- below) of the Company, all stock options granted to the Officer Xxxxxxxxxx and then outstanding under any Stock Option Plan (as defined below) of the Company shall become exercisable in full, notwithstanding any vesting schedule or other provisions to the contrary in the agreements evidencing such options; and the Company and the Officer Xxxxxxxxxx hereby agree that such option agreements are hereby and will be deemed amended to give effect to this provision.

Effective upon. a Change in Control (as defined ------------- below) of the Company, all outstanding stock options granted to under the Officer and then outstanding under any Company's 1987 Incentive Stock Option Plan (as defined below) of then held by the Company Officer shall become exercisable in full, notwithstanding any vesting schedule or other provisions to the contrary in the agreements evidencing such options; and the Company and the Officer hereby agree that such option agreements are hereby and will be deemed amended to give effect to this provision.