Common use of Inducement Award Clause in Contracts

Inducement Award. The Participant acknowledges that the grant of the Option hereunder satisfies in full the Company’s obligation to provide the Participant with an option grant as described in the Employment Agreement. The Participant acknowledges that the grant of DB1/ 119262344.2 the Option hereunder is intended to be in consideration for, in part, the covenants set forth in Section 15 of the Employment Agreement.

Inducement Award. The Participant acknowledges that the grant of the Option hereunder satisfies in full the CompanyCorporation’s obligation to provide him that portion of the Participant with an option grant “Inducement Award” as described in Section 2(c)(i)(1) of the Employment Agreement. The Participant further acknowledges that the grant of DB1/ 119262344.2 the Option hereunder is intended to be in consideration for, in part, the covenants set forth in Section 15 14 of the Employment Agreement.

Inducement Award. The Participant acknowledges that the grant of the Option hereunder satisfies in full the Company’s obligation to provide the Participant with an option grant as described in the Employment Agreement. The Participant acknowledges that the grant of DB1/ 119262344.2 the Option hereunder is intended to be in consideration for, in part, the covenants set forth in Section 15 of the Employment Agreement.

Inducement Award. The Participant acknowledges that the grant of the Option hereunder satisfies in full the Company’s obligation to provide the Participant with an option grant as described in the Employment Agreement. The Participant acknowledges that the grant of DB1/ 119262344.2 the Option hereunder is intended to be in consideration for, in part, the restrictive covenants set forth in Section 15 of the Employment Agreement.