Common use of Hostile Takeover Clause in Contracts

Hostile Takeover. Subject to Sections 5 and 6 below, in the event of a Hostile Takeover and regardless of whether the Employee's employment with the Company is terminated in connection with such takeover, each stock option granted for the Company's securities held by the Employee shall become immediately vested on the effective date of the Hostile Takeover, and shall be exercisable in full in accordance with the provisions of the Option Agreement and Plan pursuant to which such option was granted.

Hostile Takeover. Subject to Sections 5 and 6 below, in the event of a Hostile Takeover and regardless of whether the Employee's employment with the Company company is terminated in connection with such takeoverthe Hostile Takeover, each stock option granted for the Company's securities (the "Option") held by the Employee shall become fully vested and immediately vested exercisable on the effective date of the Hostile Takeover, transaction and shall be exercisable in full to the extent so vested in accordance with the provisions of the Option Agreement and Plan pursuant to which such option Option was granted.

Hostile Takeover. Subject to Sections 5 and 6 below, in ---------------- the event of a Hostile Takeover and regardless of whether the Employee's employment with the Company is terminated in connection with such takeoverthe Hostile Takeover, each stock option granted for the Company's securities (the "Option") held by the Employee shall become fully vested and immediately vested exercisable on the effective date of the Hostile Takeover, transaction and shall be exercisable in full to the extent so vested in accordance with the provisions of the Option Agreement and Plan pursuant to which such option Option was granted.

Hostile Takeover. Subject to Sections 5 and 6 below, in the ---------------- event of a Hostile Takeover and regardless of whether the Employee's employment with the Company is terminated in connection with such takeoverthe Hostile Takeover, each stock option granted for the Company's securities (the "Option") held by the Employee shall become fully vested and immediately vested exercisable on the effective date of the Hostile Takeover, transaction and shall be exercisable in full to the extent so vested in accordance with the provisions of the Option Agreement and Plan pursuant to which such option Option was granted.

Hostile Takeover. Subject to Sections 5 and 6 below, in the ---------------- event of a Hostile Takeover and regardless of whether the Employee's employment with the Company company is terminated in connection with such takeoverthe Hostile Takeover, each stock option granted for the Company's securities (the "Option") held by the Employee shall become fully ------ vested and immediately vested exercisable on the effective date of the Hostile Takeover, transaction and shall be exercisable in full to the extent so vested in accordance with the provisions of the Option Agreement and Plan pursuant to which such option Option was granted.