Common use of Exercise and Vesting of Option Clause in Contracts

Exercise and Vesting of Option. This Option shall vest as to 50% of the Shares upon the first anniversary of the Date of Grant and an additional 4.1666% of the Shares each month thereafter, so long as the Optionee continuously remains a director or a consultant of the Company, subject to the other terms and conditions of the Plan and this Grant.

Exercise and Vesting of Option. This Option shall vest as to 5025% of the Shares upon the first anniversary of the Date of Grant and an additional 4.16662.0833% of the Shares each month thereafter, so long as the Optionee continuously remains a director member of the Board of Directors (a "BOARD MEMBER") or a consultant of the Company, subject to the other terms and conditions of the Plan and this Grant.

Exercise and Vesting of Option. This Option shall vest as to 50% of the Shares upon the first anniversary of the Date of Grant and an additional 4.1666% of the Shares each month thereafter, so long as the Optionee continuously remains a director or a consultant of the Company, subject to the other terms and conditions of the Plan and this Grant.