Common use of Exercise Schedule Clause in Contracts

Exercise Schedule. The Option shall become vested and exercisable according to the following schedule: Number of Shares 60,000 September 21, 2011 September 21, 2019 60,000 September 21, 2012 September 21, 2020 60,000 September 21, 2013 September 21, 2021 60,000 September 21, 2014 September 21, 2022 60,000 September 21, 2015 September 21, 2023 If, however, the Executive is terminated pursuant to Section 8(a)(2)(vi) (other than for cause, disability or death) of the Employment Agreement, then all Options shall immediately and automatically vest on the Employment Termination Date (as defined in the Employment Agreement) without any further action by the Optionee. In addition, if the Company’s gross sales revenue for any fiscal year equals $100,000,000 or more, then all Options shall immediately and automatically vest on the last day of such fiscal year.

Exercise Schedule. The Option shall become vested and exercisable according to the following schedule: Number of Shares 60,000 100,000 September 21, 2011 September 21, 2019 60,000 100,000 September 21, 2012 September 21, 2020 60,000 100,000 September 21, 2013 September 21, 2021 60,000 100,000 September 21, 2014 September 21, 2022 60,000 100,000 September 21, 2015 September 21, 2023 If, however, the Executive is terminated pursuant to Section 8(a)(2)(vi) (other than for cause, disability or death) of the Employment Agreement, then all Options shall immediately and automatically vest on the Employment Termination Date (as defined in the Employment Agreement) without any further action by the Optionee. In addition, if the Company’s gross sales revenue for any fiscal year equals $100,000,000 or more, then all Options shall immediately and automatically vest on the last day of such fiscal year.

Exercise Schedule. The Option shall become vested and exercisable according to the following schedule: Number of Shares 60,000 100,000 September 21, 2011 September 2115, 2019 60,000 100,000 September 21, 2012 September 2115, 2020 60,000 100,000 September 21, 2013 September 2115, 2021 60,000 100,000 September 21, 2014 September 2115, 2022 60,000 100,000 September 21, 2015 September 2115, 2023 If, however, the Executive is terminated pursuant to Section 8(a)(2)(vi) (other than for cause, disability or death) of the Employment Agreement, then all Options shall immediately and automatically vest on the Employment Termination Date (as defined in the Employment Agreement) without any further action by the Optionee. In addition, if the Company’s gross sales revenue for any fiscal year equals $100,000,000 or more, then all Options shall immediately and automatically vest on the last day of such fiscal year.

Exercise Schedule. The Option shall become vested and exercisable according to the following schedule: Number of Shares 60,000 200,000 September 2115, 2011 September 2115, 2019 60,000 2015 150,000 September 2115, 2012 September 2115, 2020 60,000 2015 150,000 September 2115, 2013 September 21, 2021 60,000 September 21, 2014 September 21, 2022 60,000 September 2115, 2015 September 21, 2023 If, however, the Executive is terminated pursuant to Section 8(a)(2)(vi) (other than for cause, disability or death) of the Employment Agreement, then all Options shall immediately and automatically vest on the Employment Termination Date (as defined in the Employment Agreement) without any further action by the Optionee. In addition, if the Company’s gross sales revenue for any fiscal year equals $100,000,000 or more, then all Options shall immediately and automatically vest on the last day of such fiscal year.

Exercise Schedule. The Option shall become vested and exercisable according to the following schedule: Number of Shares 60,000 200,000/300,000 September 2115, 2011 September 2115, 2019 60,000 2015 150,000 September 2115, 2012 September 2115, 2020 60,000 2015 150,000/200,000 September 2115, 2013 September 21, 2021 60,000 September 21, 2014 September 21, 2022 60,000 September 2115, 2015 September 21, 2023 If, however, the Executive is terminated pursuant to Section 8(a)(2)(vi) (other than for cause, disability or death) of the Employment Agreement, then all Options shall immediately and automatically vest on the Employment Termination Date (as defined in the Employment Agreement) without any further action by the Optionee. In addition, if the Company’s gross sales revenue for any fiscal year equals $100,000,000 or more, then all Options shall immediately and automatically vest on the last day of such fiscal year.. Int. ________ _________

Exercise Schedule. The Option shall become vested and exercisable according to the following schedule: Number of Shares 60,000 100,000 September 2115, 2011 September 2115, 2019 60,000 100,000 September 2115, 2012 September 2115, 2020 60,000 100,000 September 2115, 2013 September 2115, 2021 60,000 100,000 September 2115, 2014 September 2115, 2022 60,000 100,000 September 2115, 2015 September 2115, 2023 If, however, the Executive is terminated pursuant to Section 8(a)(2)(vi) (other than for cause, disability or death) of the Employment Agreement, then all Options shall immediately and automatically vest on the Employment Termination Date (as defined in the Employment Agreement) without any further action by the Optionee. In addition, if the Company’s gross sales revenue for any fiscal year equals $100,000,000 or more, then all Options shall immediately and automatically vest on the last day of such fiscal year.