Common use of Grant of Option; Certain Terms and Conditions Clause in Contracts

Grant of Option; Certain Terms and Conditions. The Company hereby grants to Optionee, and Optionee hereby accepts, as of the Date of Grant, an option to purchase the number of shares of Common Stock indicated below (the “Option Shares”) at the Exercise Price per share indicated below, which option shall expire at 5:00 o’clock p.m., California time, on the Expiration Date indicated below and shall be subject to all of the terms and conditions set forth in this Agreement (the “Option”). On each of the first, second, third, fourth and fifth anniversaries of March 31, 2004, the Option shall become exercisable to purchase, and shall vest with respect to, that number of Option Shares (rounded to the nearest whole share) equal to the total number of Option Shares multiplied by the Vesting Rate indicated below. Optionee: Xxxxx X. Xxxxx Date of Grant: March 31, 2004 Number of shares purchasable: 19,444 Exercise Price per share: $100.00 Expiration Date: March 30, 2014 Vesting Rate: 20% per year on a cumulative basis The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code (an “Incentive Stock Option”).

Grant of Option; Certain Terms and Conditions. The Company hereby grants to Optionee, and Optionee hereby accepts, as of the Date of Grant, an option to purchase the number of shares of Common Stock indicated below (the “Option Shares”) at the Exercise Price per share indicated below, which option shall expire at 5:00 o’clock p.m., California time, on the Expiration Date indicated below and shall be subject to all of the terms and conditions set forth in this Agreement (the “Option”). On each of the first, second, third, fourth and fifth anniversaries of March 31, 2004, the Option shall become exercisable to purchase, and shall vest with respect to, that number of Option Shares (rounded to the nearest whole share) equal to the total number of Option Shares multiplied by the Vesting Rate indicated below. Optionee: Xxxxx X. Xxxxx Date of Grant: March 31, 2004 Number of shares purchasable: 19,444 5,000 Exercise Price per share: $100.00 Expiration Date: March 30, 2014 Vesting Rate: 20% per year on a cumulative basis The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code (an “Incentive Stock Option”).

Grant of Option; Certain Terms and Conditions. The Company hereby grants to Optionee, and Optionee hereby accepts, as of the Date of Grant, an option to purchase the number of shares of Common Stock indicated below (the “Option Shares”) at the Exercise Price per share indicated below, which option shall expire at 5:00 o’clock p.m., California time, on the Expiration Date indicated below and shall be subject to all of the terms and conditions set forth in this Agreement (the “Option”). On each of the first, second, third, fourth and fifth anniversaries of March 31, 20042004(1), the Option shall become exercisable to purchase, and shall vest with respect to, that number of Option Shares (rounded to the nearest whole share) equal to the total number of Option Shares multiplied by the Vesting Rate indicated below. Optionee: Xxxxx X. Xxxxx Date of Grant: March 31, 2004 Number of shares purchasable: 19,444 Exercise Price per share: $100.00 Expiration Date: March 30, 2014 Vesting Rate: 20% per year on a cumulative basis The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code (an “Incentive Stock Option”).

Grant of Option; Certain Terms and Conditions. The Company hereby grants to Optionee, and Optionee hereby accepts, as of the Date of Grant, an option to purchase the number of shares of Common Stock indicated below (the “Option Shares”) at the Exercise Price per share indicated below, which option shall expire at 5:00 o’clock p.m., California time, on the Expiration Date indicated below and shall be subject to all of the terms and conditions set forth in this Agreement (the “Option”). On each of the first, second, third, fourth and fifth anniversaries of March 31, 20042004(1), the Option shall become exercisable to purchase, and shall vest with respect to, that number of Option Shares (rounded to the nearest whole share) equal to the total number of Option Shares multiplied by the Vesting Rate indicated below. Optionee: Xxxxx X. Xxxxx Date of Grant: March 31, 2004 Number of shares purchasable: 19,444 Exercise Price per share: $100.00 Expiration Date: March 30, 2014 Vesting Rate: 20% per year on a cumulative basis The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code (an “Incentive Stock Option”).