Common use of INCENTIVE STOCK OPTION GRANTS Clause in Contracts

INCENTIVE STOCK OPTION GRANTS. During the Term, Employee shall be eligible to receive from time to time stock option grants in amounts, if any, to be approved by the Board (or committee thereof) in its sole discretion. Such stock option grants will be subject to the terms and conditions established within the Employer's Stock Option Plan or any successor stock option plan as may be in place from time to time (the "Plan") and a separate stock option grant agreement between Employer and Employee that sets forth, among other things, the exercise price, expiration date and vesting schedule of such options. Upon a Change in Control (as defined below), all outstanding and unvested options to purchase shares of Employer's common stock granted to Employee shall be deemed fully vested and exercisable. Further, if, during the Term, Employer shall terminate this Agreement and Employee's employment hereunder without Cause (as defined below) and other than as a result of Employee's death or Disability (as defined below) or Employee shall terminate this Agreement and Employee's employment hereunder for Good Reason (as defined below), then all outstanding and unvested options to purchase shares of Employer's common stock granted to Employee shall be deemed fully vested and exercisable. Employer shall use commercially reasonable efforts to register the shares of common stock issuable upon exercise of such Options on a registration statement on Form S-8 to be filed with the Securities and Exchange Commission and to maintain the effectiveness of such registration during the period in which such Options remain outstanding.

INCENTIVE STOCK OPTION GRANTS. During the Term, Employee shall be eligible to receive from time to time stock option grants in amounts, if any, to be approved by the Board (or committee thereof) in its sole discretion. Such stock option grants will be subject to the terms and conditions established within the Employer's 2004 Amended and Restated Stock Option Plan or any successor stock option plan as may be in place from time to time (the "Plan") and a separate stock option grant agreement between Employer and Employee that sets forth, among other things, the exercise price, expiration date and vesting schedule of such options. Upon a Change in Control (as defined below), all outstanding and unvested options to purchase shares of Employer's common stock granted to Employee shall be deemed fully vested and exercisable. Further, if, during the Term, Employer shall terminate this Agreement and Employee's employment hereunder without Cause (as defined below) and other than as a result of Employee's death or Disability (as defined below) or Employee shall terminate this Agreement and Employee's employment hereunder for Good Reason (as defined below), then all outstanding and unvested options to purchase shares of Employer's common stock granted to Employee shall be deemed fully vested and exercisable. Employer shall use commercially reasonable efforts to register the shares of common stock issuable upon exercise of such Options on a registration statement on Form S-8 to be filed with the Securities and Exchange Commission and to maintain the effectiveness of such registration during the period in which such Options remain outstanding.

INCENTIVE STOCK OPTION GRANTS. During On the Commencement Date, Employer will grant to Employee stock options to purchase an aggregate of 140,000 shares of Employer's common stock, which options will be subject to the terms and conditions established within the Employer's 2004 Amended and Restated Stock Option Plan or any successor stock option plan as may be in place from time to time (the "Plan") and a separate stock option grant agreement between Employer and Employee. Such options shall have a term of ten (10) years from the date of grant. The price for all common stock which may be purchased upon exercise of the foregoing options shall be the IPO price. Subject to Article IV herein, options to purchase an aggregate of 46,666, 46,666 and 46,667 shares shall become exercisable on each of the first, second and third anniversaries of the Commencement Date, respectively, provided that the Employee shall then be employed by the Employer and shall not be in material default of any of the provisions of this Agreement. In addition, during the Term, Employee shall be eligible to receive from time to time stock option grants in amounts, if any, to be approved by the Board (or committee thereof) in its sole discretion. Such The foregoing stock option grants will be subject to the terms and conditions established within the Employer's Stock Option Plan or any successor stock option plan as may be in place from time to time (the "Plan") and a separate stock option grant agreement between Employer and Employee that sets forth, among other things, the exercise price, expiration date and vesting schedule of such options. Upon a Change in Control (as defined below), all outstanding and unvested options to purchase shares of Employer's common stock granted to Employee shall be deemed fully vested and exercisable. Further, if, during the Term, Employer shall terminate this Agreement and Employee's employment hereunder without Cause (as defined below) and other than as a result of Employee's death or Disability (as defined below) or Employee shall terminate this Agreement and Employee's employment hereunder for Good Reason (as defined below), then all outstanding and unvested options to purchase shares of Employer's common stock granted to Employee shall be deemed fully vested and exercisable. Employer shall use its commercially reasonable efforts to register the shares of common stock issuable upon exercise of such Options on a registration statement on Form S-8 to be filed with the Securities and Exchange Commission and to maintain the effectiveness of such registration statement during the period in which such Options remain outstanding.

INCENTIVE STOCK OPTION GRANTS. During the Term, Employee shall be eligible to receive from time to time stock option grants in amounts, if any, to be approved by the Board (or committee thereof) in its sole discretion. Such stock option grants will be subject to the terms and conditions established within the Employer's 2004 Amended and Restated Stock Option Plan or any successor stock option plan as may be in place from time to time (the "PlanPLAN") and a separate stock option grant agreement between Employer and Employee that sets forth, among other things, the exercise price, expiration date and vesting schedule of such options. Upon a Change in Control (as defined below), all outstanding and unvested options to purchase shares of Employer's common stock granted to Employee shall be deemed fully vested and exercisable. Further, if, during the Term, Employer shall terminate this Agreement and Employee's employment hereunder without Cause (as defined below) and other than as a result of Employee's death or Disability (as defined below) or Employee shall terminate this Agreement and Employee's employment hereunder for Good Reason (as defined below), then all outstanding and unvested options to purchase shares of Employer's common stock granted to Employee shall be deemed fully vested and exercisable. Employer shall use commercially reasonable efforts to register the shares of common stock issuable upon exercise of such Options on a registration statement on Form S-8 to be filed with the Securities and Exchange Commission and to maintain the effectiveness of such registration during the period in which such Options remain outstanding.

INCENTIVE STOCK OPTION GRANTS. During the Term, Employee shall be eligible to receive from time to time stock option grants in amounts, if any, to be approved by the Board (or committee thereof) in its sole discretion. Such stock option grants will be subject to the terms and conditions established within the Employer's 2004 Amended and Restated Stock Option Plan or any successor stock option plan as may be in place from time to time (the "PlanPLAN") and a separate stock option grant agreement between Employer and Employee that sets forth, among other things, the exercise price, expiration date and vesting schedule of such options. Upon a Change in Control (as defined below), all outstanding and unvested options to purchase shares of Employer's common stock granted to Employee shall be deemed fully vested and exercisable. Further, if, if during the Term, Employer shall terminate this Agreement and Employee's employment hereunder without Cause (as defined below) and other than as a result of Employee's death or Disability (as defined below) or Employee shall terminate this Agreement and Employee's employment hereunder for Good Reason (as defined below), then all outstanding and unvested options to purchase shares of Employer's common stock granted to Employee shall be deemed fully vested and exercisable. Employer shall use commercially reasonable efforts to register the shares of common stock issuable upon exercise of such Options on a registration statement on Form S-8 to be filed with the Securities and Exchange Commission and to maintain the effectiveness of such registration during the period in which such Options remain outstanding.

INCENTIVE STOCK OPTION GRANTS. During the Term, Employee shall be eligible to receive from time to time stock option grants in amounts, if any, to be approved by the Board (or committee thereof) in its sole discretion. Such stock option grants will be subject to the terms and conditions established within the Employer's 2004 Amended and Restated Stock Option Plan or any successor stock option plan as may be in place from time to time (the "Plan") and a separate stock option grant agreement between Employer and Employee that sets forth, among other things, the exercise price, expiration date and vesting schedule of such options. Upon a Change in Control (as defined below), all outstanding and unvested options to purchase shares of Employer's common stock granted to Employee shall be deemed fully vested and exercisable. Further, if, if during the Term, Employer shall terminate this Agreement and Employee's employment hereunder without Cause (as defined below) and other than as a result of Employee's death or Disability (as defined below) or Employee shall terminate this Agreement and Employee's employment hereunder for Good Reason (as defined below), then all outstanding and unvested options to purchase shares of Employer's common stock granted to Employee shall be deemed fully vested and exercisable. Employer shall use commercially reasonable efforts to register the shares of common stock issuable upon exercise of such Options on a registration statement on Form S-8 to be filed with the Securities and Exchange Commission and to maintain the effectiveness of such registration during the period in which such Options remain outstanding.

INCENTIVE STOCK OPTION GRANTS. During the Term, Employee shall be eligible to receive from time to time stock option grants in amounts, if any, to be approved by the Board (or committee thereof) in its sole discretion. Such stock option grants will be subject to the terms and conditions established within the Employer's 2004 Amended and Restated Stock Option Plan or any successor stock option plan as may be in place from time to time (the "PlanPLAN") and a separate stock option grant agreement between Employer and Employee that sets forth, among other things, the exercise price, expiration date and vesting schedule of such options. Upon a Change in Control (as defined below), all outstanding and unvested options to purchase shares of Employer's common stock granted to Employee shall be deemed fully vested and exercisable. Further, if, during the Term, Employer shall terminate this Agreement and Employee's employment hereunder without Cause (as defined below) and other than as a result of Employee's death or Disability (as defined below) or Employee shall terminate this Agreement and Employee's employment hereunder for Good Reason (as defined below), then all outstanding and unvested options to purchase shares of Employer's common stock granted to Employee shall be deemed fully vested and exercisable. Employer shall use commercially reasonable efforts to register the shares of common stock issuable upon exercise of such Options on a registration statement on Form S-8 to be filed with the Securities and Exchange Commission and to maintain the effectiveness of such registration during the period in which such Options remain outstanding.

INCENTIVE STOCK OPTION GRANTS. During the Term, Employee shall be eligible to receive from time to time stock option grants in amounts, if any, to be approved by the Board (or committee thereof) in its sole discretion. Such stock option grants will be subject to the terms and conditions established within the Employer's 2004 Amended and Restated Stock Option Plan or any successor stock option plan as may be in place from time to time (the "Plan") and a separate stock option grant agreement between Employer and Employee that sets forth, among other things, the exercise price, expiration date and vesting schedule of such options. Upon a Change in Control (as defined below), all outstanding and unvested options to purchase shares of Employer's common stock granted to Employee shall be deemed fully vested and exercisable. Further, if, during the Term, Employer shall terminate this Agreement and Employee's employment hereunder without Cause (as defined below) and other than as a result of Employee's death or Disability (as defined below) or Employee shall terminate this Agreement and Employee's employment hereunder for Good Reason (as defined below), then all outstanding and unvested options to purchase shares of Employer's common stock granted to Employee shall be deemed fully vested and exercisable. Employer shall use commercially reasonable efforts to register the shares of common stock issuable upon exercise of such Options on a registration statement on Form S-8 to be filed with the Securities and Exchange Commission and to maintain the effectiveness of such registration during the period in which such Options remain outstanding.