Common use of Exercisability Clause in Contracts

Exercisability. This option shall be exercisable as to: Number of Shares Vesting Date 400 immediate This option shall remain exercisable as to all vested shares until January 1,2014 (but not later than ten (10) years from the date this option is granted) unless this option has expired or terminated earlier in accordance with the provisions hereof or in the Plan. Subject to paragraphs 4 and 5, shares as to which this option becomes exercisable pursuant to the foregoing provision may be purchased at any time prior to expiration of this option.

Exercisability. This option shall be exercisable as to: Number of Shares Vesting Date 400 immediate Immediate This option shall remain exercisable as to all vested shares until January 1,2014 01, 2012 (but not later than ten (10) years from the date this option is granted) unless this option has expired or terminated earlier in accordance with the provisions hereof or in the Plan. Subject to paragraphs 4 and 5, shares as to which this option becomes exercisable pursuant to the foregoing provision may be purchased at any time prior to expiration of this option.

Exercisability. This option shall be exercisable as to: Number of Shares Vesting Date 400 1,098 immediate This option shall remain exercisable as to all vested shares until January 1,2014 July 1, 2013 (but not later than ten (10) years from the date this option is granted) unless this option has expired or terminated earlier in accordance with the provisions hereof or in the Plan. Subject to paragraphs 4 and 5, shares as to which this option becomes exercisable pursuant to the foregoing provision may be purchased at any time prior to expiration of this option.

Exercisability. This option shall be exercisable as to: Number of Shares Vesting Date 400 immediate 1080 Immediate This option shall remain exercisable as to all vested shares until January 1,2014 December 31, 2012 (but not later than ten (10) years from the date this option is granted) unless this option has expired or terminated earlier in accordance with the provisions hereof or in the Plan. Subject to paragraphs 4 and 5, shares as to which this option becomes exercisable pursuant to the foregoing provision may be purchased at any time prior to expiration of this option.

Exercisability. This option shall be exercisable as to: Number of Shares Vesting Date 400 immediate Immediate This option shall remain exercisable as to all vested shares until January 1,2014 December 31, 2012 (but not later than ten (10) years from the date this option is granted) unless this option has expired or terminated earlier in accordance with the provisions hereof or in the Plan. Subject to paragraphs 4 and 5, shares as to which this option becomes exercisable pursuant to the foregoing provision may be purchased at any time prior to expiration of this option.

Exercisability. This option shall be exercisable as to: Number of Shares Vesting Date 400 immediate This option shall remain exercisable as to all vested shares until January 1,2014 , (but not later than ten (10) years from the date this option is granted) unless this option has expired or terminated earlier in accordance with the provisions hereof or in the Plan. Subject to paragraphs 4 and 5, shares as to which this option becomes exercisable pursuant to the foregoing provision may be purchased at any time prior to expiration of this option.

Exercisability. This option shall be exercisable as to: Number of Shares Vesting Date 400 600 immediate 600 03/20/04 600 03/20/05 600 03/20/06 600 03/20/07 This option shall remain exercisable as to all vested shares until January 1,2014 March 20, 2013 (but not later than ten (10) years from the date this option is granted) unless this option has expired or terminated earlier in accordance with the provisions hereof or in the Plan. Subject to paragraphs 4 and 5, shares as to which this option becomes exercisable pursuant to the foregoing provision may be purchased at any time prior to expiration of this option.

Exercisability. This option shall be exercisable as to: Number of Shares Vesting Date 400 600 immediate 600 04/25/03 600 04/25/04 600 04/25/05 600 04/25/06 This option shall remain exercisable as to all vested shares until January 1,2014 April 25, 2012 (but not later than ten (10) years from the date this option is granted) unless this option has expired or terminated earlier in accordance with the provisions hereof or in the Plan. Subject to paragraphs 4 and 5, shares as to which this option becomes exercisable pursuant to the foregoing provision may be purchased at any time prior to expiration of this option.

Exercisability. This option shall be exercisable as to: Number of Shares Vesting Date 400 500 immediate 500 March 25, 2005 500 March 25, 2006 500 March 25, 2007 500 March 25, 2008 This option shall remain exercisable as to all vested shares until January 1,2014 March 25, 2014 (but not later than ten (10) years from the date this option is granted) unless this option has expired or terminated earlier in accordance with the provisions hereof or in the Plan. Subject to paragraphs 4 and 5, shares as to which this option becomes exercisable pursuant to the foregoing provision may be purchased at any time prior to expiration of this option.

Exercisability. This option shall be exercisable as to: Number of Shares Vesting Date 400 1000 immediate 1000 March 25, 2005 1000 March 25, 2006 1000 March 25, 2007 1000 March 25, 2008 This option shall remain exercisable as to all vested shares until January 1,2014 March 25, 2014 (but not later than ten (10) years from the date this option is granted) unless this option has expired or terminated earlier in accordance with the provisions hereof or in the Plan. Subject to paragraphs 4 and 5, shares as to which this option becomes exercisable pursuant to the foregoing provision may be purchased at any time prior to expiration of this option.

Exercisability. This option shall be exercisable as to: Number of Shares Vesting Date 400 600 immediate 600 March 25, 2005 600 March 25, 2006 600 March 25, 2007 600 March 25, 2008 This option shall remain exercisable as to all vested shares until January 1,2014 March 25, 2014 (but not later than ten (10) years from the date this option is granted) unless this option has expired or terminated earlier in accordance with the provisions hereof or in the Plan. Subject to paragraphs 4 and 5, shares as to which this option becomes exercisable pursuant to the foregoing provision may be purchased at any time prior to expiration of this option.

Exercisability. This option shall be exercisable as to: Number of Shares Vesting Date 400 1,000 immediate 1,000 July 15, 2004 1,000 July 15, 2005 1,000 July 15, 2006 1,000 July 15, 2007 This option shall remain exercisable as to all vested shares until January 1,2014 July 15, 2013 (but not later than ten (10) years from the date this option is granted) unless this option has expired or terminated earlier in accordance with the provisions hereof or in the Plan. Subject to paragraphs 4 and 5, shares as to which this option becomes exercisable pursuant to the foregoing provision may be purchased at any time prior to expiration of this option.

Exercisability. This option shall be exercisable as to: Number of Shares Vesting Date 400 1000 immediate 1000 03/20/04 1000 03/20/05 1000 03/20/06 1000 03/20/07 This option shall remain exercisable as to all vested shares until January 1,2014 March 20, 2013 (but not later than ten (10) years from the date this option is granted) unless this option has expired or terminated earlier in accordance with the provisions hereof or in the Plan. Subject to paragraphs 4 and 5, shares as to which this option becomes exercisable pursuant to the foregoing provision may be purchased at any time prior to expiration of this option.

Exercisability. This option shall be exercisable as to: Number of Shares Vesting Date 400 immediate 400 03/20/04 400 03/20/05 400 03/20/06 400 03/20/07 This option shall remain exercisable as to all vested shares until January 1,2014 March 20, 2013 (but not later than ten (10) years from the date this option is granted) unless this option has expired or terminated earlier in accordance with the provisions hereof or in the Plan. Subject to paragraphs 4 and 5, shares as to which this option becomes exercisable pursuant to the foregoing provision may be purchased at any time prior to expiration of this option.

Exercisability. This option shall be exercisable as to: Number of Shares Vesting Date 400 600 immediate 600 12/11/02 600 12/11/03 600 12/11/04 600 12/11/05 This option shall remain exercisable as to all vested shares until January 1,2014 December 11 , 2011 (but not later than ten (10) years from the date this option is granted) unless this option has expired or terminated earlier in accordance with the provisions hereof or in the Plan. Subject to paragraphs 4 and 5, shares as to which this option becomes exercisable pursuant to the foregoing provision may be purchased at any time prior to expiration of this option.

Exercisability. This option shall be exercisable as to: Number of Shares Vesting Date 400 3600 immediate 3600 04/25/03 3600 04/25/04 3600 04/25/05 3600 04/25/06 This option shall remain exercisable as to all vested shares until January 1,2014 April 25 , 2012 (but not later than ten (10) years from the date this option is granted) unless this option has expired or terminated earlier in accordance with the provisions hereof or in the Plan. Subject to paragraphs 4 and 5, shares as to which this option becomes exercisable pursuant to the foregoing provision may be purchased at any time prior to expiration of this option.

Exercisability. This option shall be exercisable as to: Number of Shares Vesting Date 400 200 immediate 200 03/20/04 200 03/20/05 200 03/20/06 200 03/20/07 This option shall remain exercisable as to all vested shares until January 1,2014 March 20, 2013 (but not later than ten (10) years from the date this option is granted) unless this option has expired or terminated earlier in accordance with the provisions hereof or in the Plan. Subject to paragraphs 4 and 5, shares as to which this option becomes exercisable pursuant to the foregoing provision may be purchased at any time prior to expiration of this option.

Exercisability. This option shall be exercisable as to: Number of Shares Vesting Date 400 272 immediate This option shall remain exercisable as to all vested shares until January 1,2014 December 31, 2012 (but not later than ten (10) years from the date this option is granted) unless this option has expired or terminated earlier in accordance with the provisions hereof or in the Plan. Subject to paragraphs 4 and 5, shares as to which this option becomes exercisable pursuant to the foregoing provision may be purchased at any time prior to expiration of this option.

Exercisability. This option shall be exercisable as to: Number of Shares Vesting Date 400 immediate This option shall remain exercisable as to all vested shares until January 1,2014 December 31, 2012 (but not later than ten (10) years from the date this option is granted) unless this option has expired or terminated earlier in accordance with the provisions hereof or in the Plan. Subject to paragraphs 4 and 5, shares as to which this option becomes exercisable pursuant to the foregoing provision may be purchased at any time prior to expiration of this option.

Exercisability. This option shall be exercisable as to: Number of Shares Vesting Date 400 immediate 400 March 25, 2005 400 March 25, 2006 400 March 25, 2007 400 March 25, 2008 This option shall remain exercisable as to all vested shares until January 1,2014 March 25, 2014 (but not later than ten (10) years from the date this option is granted) unless this option has expired or terminated earlier in accordance with the provisions hereof or in the Plan. Subject to paragraphs 4 and 5, shares as to which this option becomes exercisable pursuant to the foregoing provision may be purchased at any time prior to expiration of this option.

Exercisability. This option shall be exercisable as to: Number of Shares Vesting Date 400 2000 immediate 2000 03/20/04 2000 03/20/05 2000 03/20/06 2000 03/20/07 This option shall remain exercisable as to all vested shares until January 1,2014 March 20, 2013 (but not later than ten (10) years from the date this option is granted) unless this option has expired or terminated earlier in accordance with the provisions hereof or in the Plan. Subject to paragraphs 4 and 5, shares as to which this option becomes exercisable pursuant to the foregoing provision may be purchased at any time prior to expiration of this option.

Exercisability. This option shall be exercisable as to: Number of Shares Vesting Date 400 200 immediate This option shall remain exercisable as to all vested shares until January 1,2014 (but not later than ten (10) years from the date this option is granted) unless this option has expired or terminated earlier in accordance with the provisions hereof or in the Plan. Subject to paragraphs 4 and 5, shares as to which this option becomes exercisable pursuant to the foregoing provision may be purchased at any time prior to expiration of this option.

Exercisability. This option shall be exercisable as to: Number of Shares Vesting Date 400 440 immediate This option shall remain exercisable as to all vested shares until January 1,2014 July 1, 2013 (but not later than ten (10) years from the date this option is granted) unless this option has expired or terminated earlier in accordance with the provisions hereof or in the Plan. Subject to paragraphs 4 and 5, shares as to which this option becomes exercisable pursuant to the foregoing provision may be purchased at any time prior to expiration of this option.

Exercisability. This option shall be exercisable as to: Number of Shares Vesting Date 400 immediate 400 12/11/02 400 12/11/03 400 12/11/04 400 12/11/05 This option shall remain exercisable as to all vested shares until January 1,2014 December 11, 2011 (but not later than ten (10) years from the date this option is granted) unless this option has expired or terminated earlier in accordance with the provisions hereof or in the Plan. Subject to paragraphs 4 and 5, shares as to which this option becomes exercisable pursuant to the foregoing provision may be purchased at any time prior to expiration of this option.