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 Employee, and Employee 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., Pacific 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"). The Option shall become exercisable to purchase ("vest with respect to") that all of the Option Shares on the later of the Date of Grant or the date the Condition is satisfied. Employee: Xxxxxxx X. Xxxxxx Date of Grant: July 26, 1994 Number of share purchasable: 30,000 Exercise Price per share: 17.00 Expiration Date: July 26, 2004 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 Employee, and Employee 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., Pacific 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"). The Option shall become exercisable to purchase ("vest with respect to") that all of the Option Shares on the later of the Date of Grant or the date the Condition is satisfiedas indicated below. Employee: Xxxxxxx X. Xxxxxx Date of Grant: July October 26, 1994 1996 Number of share purchasable: 30,000 Exercise Price per share: 17.00 $19.00 Vesting Period: 20% on Date of Grant, 20% per year on each anniversary of the Date of Grant. Expiration Date: July 26October 25, 2004 2006 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 Employee, and Employee 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., Pacific 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"). The Option shall become exercisable to purchase ("vest with respect to") that all of the Option Shares on the later of the Date of Grant or the date the Condition is satisfiedas indicated below. Employee: Xxxxxxx X. Xxxxxx Date of Grant: July October 26, 1994 1996 Number of share purchasable: 30,000 Exercise Price per share: 17.00 $19.00 Vesting Period: 20% upon Date of Grant and 20% per year on each anniversary of Date of Grant. Expiration Date: July 26October 25, 2004 2006 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 Employee, and Employee 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., Pacific Time, on the Expiration Date indicated below and shall be subject to all of the -the terms and conditions set forth in this Agreement (the "Option"). The Option shall become exercisable to purchase ("vest with respect to") that all of the Option Shares on the later of the Date of Grant or the date the Condition is satisfiedas indicated below. Employee: Xxxxxxx X. Xxxxxx Date of Grant: July October 26, 1994 1996 Number of share purchasable: 30,000 Exercise Price per share: 17.00 $19.00 Vesting Period: 20% on Date of Grant, 20% per year on each anniversary of the Date of Grant. Expiration Date: July 26October 25, 2004 2006 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 Employee, and Employee 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., Pacific 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"). The Option shall become exercisable to purchase ("vest with respect to") that all of the Option Shares on the later of the Date of Grant or the date the Condition is satisfiedas indicated below. Employee: Xxxxxxx X. Xxxxxx Date of Grant: July October 26, 1994 1996 Number of share purchasable: 30,000 Exercise Price per share: 17.00 $19.00 Vesting Period. Immediate upon Date of Grant. Expiration Date: July 26October 25, 2004 2006 The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code (an "Incentive Stock Option").