Common use of Future Grants Clause in Contracts

Future Grants. In addition, during the Term of Employment, the Executive shall be eligible to be granted options (the "STOCK OPTIONS") to purchase common stock of EGPI under (and therefore subject to all terms and conditions of) the EGPI Stock Option Plan, and any successor plan thereto; provided, however, that the Stock Options shall become immediately exercisable in full upon termination of the Executive's employment with the Company for any reason other than termination by the Company for Cause under Section 5.1 hereof or termination by the Executive without Good Reason under Section 5.5(b) hereof. The number of Stock Options and terms and conditions of the Stock Options shall be determined by the committee of the Board appointed pursuant to the EGPI Stock Option Plan, or by the EGPI Board, in its discretion and pursuant to the EGPI Stock Option Plan

Future Grants. In addition, during the Term of Employment, the Executive shall be eligible to be granted options (the "STOCK OPTIONSStock Options") to purchase common stock (the "Common Stock") of EGPI the Company under (and therefore subject to all terms and conditions of) the EGPI Company's Stock Option Plan, and any successor plan theretothereto (the "Stock Option Plan"); provided, however, that the Stock Options shall become immediately exercisable in full upon termination of the Executive's employment with the Company for any reason other than termination by the Company for Cause under Section 5.1 hereof or termination by the Executive without Without Good Reason under Section 5.5(b) 5.5b hereof. The number of Stock Options and terms and conditions of the Stock Options shall be determined by the committee of the Board appointed pursuant to the EGPI Stock Option Plan, or by the EGPI BoardBoard of Directors of the Company, in its discretion and pursuant to the EGPI Stock Option Plan.

Future Grants. In addition, during the Term of --------------- Employment, the Executive shall be eligible to be granted options (the "STOCK OPTIONS") to purchase common stock of EGPI Charys under (and therefore subject to all terms and conditions of) the EGPI Charys Stock Option Plan, and any successor plan thereto; provided, however, that the Stock Options shall become immediately exercisable in full upon termination of the Executive's employment with the Company for any reason other than termination by the Company for Cause under Section 5.1 hereof or termination by the Executive without Good Reason under Section 5.5(b) hereof. The number of Stock Options and terms and conditions of the Stock Options shall be determined by the committee of the Board appointed pursuant to the EGPI Charys Stock Option Plan, or by the EGPI Charys Board, in its discretion and pursuant to the EGPI Charys Stock Option Plan.

Future Grants. In addition, during the Term of Employment, the Executive shall be eligible to be granted options (the "STOCK OPTIONSStock Options") to purchase common stock (the "Common Stock") of EGPI the Company under (and therefore subject to all terms and conditions of) the EGPI Company's Stock Option Plan, and any successor plan theretothereto (the "Stock Option Plan"); provided, however, that the Stock Options shall become immediately exercisable in full upon termination of the Executive's employment with the Company for any reason other than termination by the Company for Cause under Section 5.1 hereof or termination by the Executive without Good Reason under Section 5.5(b) 5.5b hereof. The number of Stock Options and terms and conditions of the Stock Options shall be determined by the committee of the Board appointed pursuant to the EGPI Stock Option Plan, or by the EGPI BoardBoard of Directors of the Company, in its discretion and pursuant to the EGPI Stock Option Plan.

Future Grants. In addition, during the Term of Employment, -------------- the Executive shall be eligible to be granted options (the "STOCK OPTIONSStock Options") to purchase common stock (the "Common Stock") of EGPI the Company under (and therefore subject to all terms and conditions of) the EGPI Company's Stock Option Plan, and any successor plan theretothereto (the "Stock Option Plan"); provided, however, that the Stock Options shall become immediately exercisable in full upon termination of the Executive's employment with the Company for any reason other than termination by the Company for Cause under Section 5.1 hereof or termination by the Executive without Good Reason under Section 5.5(b) 5.5b hereof. The number of Stock Options and terms and conditions of the Stock Options shall be determined by the committee of the Board appointed pursuant to the EGPI Stock Option Plan, or by the EGPI BoardBoard of Directors of the Company, in its discretion and pursuant to the EGPI Stock Option Plan.