Common use of Exercise of Option and Provisions for Termination Clause in Contracts

Exercise of Option and Provisions for Termination. Vesting Schedule ---------------- Except as otherwise provided in this Agreement, this option may be exercised prior to the tenth Anniversary of the date of grant (hereinafter the "Expiration Date") in installments as to not more than the number of shares and during the respective installment periods set forth in the table below. The right of exercise shall be cumulative so that if the option is not exercised to the maximum extent permissible during any exercise period, it shall be exercisable, in whole or in part, with respect to all shares not so purchased at any time prior to the Expiration Date or the earlier termination of this option.

Exercise of Option and Provisions for Termination. (a) Vesting Schedule ---------------- Except as otherwise provided in this Agreement, this option may be exercised prior to the tenth Anniversary of the date of grant (hereinafter the "Expiration Date") in installments as to not more than the number of shares and during the respective installment periods set forth in the table below. The right of exercise shall be cumulative so that if the option is not exercised to the maximum extent permissible during any exercise period, it shall be exercisable, in whole or in part, with respect to all shares not so purchased at any time prior to the Expiration Date or the earlier termination of this option.