Common use of Exercise and Vesting of Option Clause in Contracts

Exercise and Vesting of Option. The Option shall be exercisable only to the extent that all, or any portion thereof, has vested in the Employee. Except as provided herein in Paragraph 4, the right to purchase the Shares subject to the Option shall vest pro rata in three annual installments beginning on the first anniversary of this Agreement and continuing each year thereafter until the Option is fully vested, as set forth in the following schedule, so long as Employee continues to be employed by the Company (each such date is hereinafter referred to singularly as a “Vesting Date” and collectively as “Vesting Dates”):

Exercise and Vesting of Option. The Option shall be exercisable only to the extent that all, or any portion thereof, has vested in the Employee. Except as provided herein in Paragraph 4, the right to purchase the Shares subject to the Option shall vest pro rata in three annual installments beginning on the first anniversary date of this Agreement and continuing each year thereafter until the Option is fully vested, as set forth in the following schedule, so long as Employee continues to be employed by the Company (each such date is hereinafter referred to singularly as a “Vesting Date” and collectively as “Vesting Dates”):

Exercise and Vesting of Option. The Option shall be exercisable only to the extent that all, or any portion thereof, has vested in the EmployeeExecutive. Except as provided herein in Paragraph 4Paragraphs 4 and 5 below, the right to purchase the Shares subject to the Option shall vest pro rata in three annual installments beginning on the first anniversary of this Agreement May 1, 2009, and continuing each year thereafter until the Option is fully vestedvested (the “Annual Installments”), as set forth in the following schedule, so long as Employee Executive continues to be employed by the Company (each such date is hereinafter referred to singularly as a “Vesting Date” and collectively as “Vesting Dates”):

Exercise and Vesting of Option. The Option shall be exercisable only to the extent that all, or any portion thereof, has vested in the EmployeeExecutive. Except as provided herein in Paragraph 4Paragraphs 4 and 5 below, the right to purchase the Shares subject to the Option shall vest pro rata in three six annual installments beginning on the first anniversary of this Agreement March 9, 2008 and continuing each year thereafter until the Option is fully vestedvested (the “Annual Installments”), as set forth in the following schedule, so long as Employee Executive continues to be employed by the Company (each such date is hereinafter referred to singularly as a “Vesting Date” and collectively as “Vesting Dates”):

Exercise and Vesting of Option. The Option shall be exercisable only to the extent that all, or any portion thereof, has vested in the EmployeeOptionee. Except as provided herein in Paragraph 4, the The right to purchase the Shares subject to the Option shall vest pro rata in three annual installments beginning on the first anniversary date of this Agreement and continuing each year thereafter until the Option is fully vested, so long as Executive has not resigned, retired, is removed or in any other manner ceases being an executive of the Company, for any reason or no reason, with or without cause, as set forth in the following schedule, so long as Employee continues to be employed by the Company schedule (each such date is hereinafter referred to singularly as a “Vesting Date” and collectively as “Vesting Dates”):

Exercise and Vesting of Option. The Option shall be exercisable only to the extent that all, or any portion thereof, has vested in the Employee. Except as provided herein in Paragraph paragraph 4, the right to purchase the Shares subject to the Option shall vest pro rata in three Employee with respect to the Shares in four (4) annual installments beginning on as set forth at the first anniversary end of this Agreement and continuing each year thereafter until the Option is fully vested, as set forth in the following schedule, after “Vesting Schedule:,” so long as Employee continues to be employed by remains an employee of the Company (each such date is hereinafter referred to singularly as a “Vesting Date” and collectively as “Vesting Dates”):).

Exercise and Vesting of Option. The Option shall be exercisable only to the extent that all, or any portion thereof, has vested in the Employee. Except as provided herein in Paragraph 4, the right to purchase the Shares subject to the Option shall vest pro rata in three annual installments over a [ ] -year period beginning on the first anniversary of this Agreement the date hereof and continuing each year thereafter until the Option is fully vested, as set forth in the following schedule, so long as Employee continues to be employed by the Company (each such date is hereinafter referred to singularly as a “Vesting Date” and collectively as “Vesting Dates”):