Common use of Installment Exercise Clause in Contracts

Installment Exercise. Subject to such further limitations as are provided herein, the Option shall become exercisable in four (4) installments, the Grantee having the right hereunder to purchase from the Company the following number of Option Shares upon exercise of the Option, on and after the following dates, in cumulative fashion: (i) on and after the first anniversary of the Date of Xxxxx, up to 25% (ignoring fractional shares) of the total number of Option Shares; (ii) on and after the second anniversary of the Date of Xxxxx, up to an additional 25% (ignoring fractional shares) of the total number of Option Shares; and (iii) on and after the third anniversary of the Date of Xxxxx, up to an additional 25% (ignoring fractional shares) of the total number of Option Shares; and (iv) on and after the fourth anniversary of the Date of Xxxxx, the remaining Option Shares.

Installment Exercise. Subject to such further limitations as are provided herein, the Option shall become exercisable in four three (43) installments, the Grantee Xxxxxxx having the right hereunder to purchase from the Company the following number of Option Shares upon exercise of the Option, on and after the following dates, in cumulative fashion: (i) on and after the first anniversary of the Date of Xxxxx, Grant up to 25% one-third (ignoring fractional shares) of the total number of Option Shares; (ii) on and after the second anniversary of the Date of Xxxxx, up to an additional 25% one-third (ignoring fractional shares) of the total number of Option Shares; and (iii) on and after the third anniversary of the Date of Xxxxx, up to an additional 25% (ignoring fractional shares) of the total number of Option Shares; and (iv) on and after the fourth anniversary of the Date of Xxxxx, the remaining Option Shares.

Installment Exercise. Subject to such further limitations as are provided herein, the Option shall become exercisable in four (4) installments, the Grantee having the right hereunder to purchase from the Company BPO the following number of Option Shares upon exercise of the Option, on and after the following dates, in cumulative fashion: (ia) on and after the first anniversary of the Date of XxxxxGrant, up to 25% one-fourth (ignoring fractional shares) of the total number of Option Shares; (iib) on and after the second anniversary of the Date of XxxxxGrant, up to an additional 25% one-fourth (ignoring fractional shares) of the total number of Option Shares; and (iiic) on and after the third anniversary of the Date of XxxxxGrant, up to an additional 25% one-fourth (ignoring fractional shares) of the total number of Option Shares; and (ivd) on and after the fourth anniversary of the Date of XxxxxGrant, the remaining Option Shares.

Installment Exercise. Subject to such further limitations as are provided herein, the Option shall become exercisable in four three (43) installments, the Grantee Xxxxxxx having the right hereunder to purchase from the Company the following number of Option Shares upon exercise of the Option, on and after the following dates, in cumulative fashion: (i) on and after the first anniversary of the Date of Xxxxx, Grant up to 25% one-third (ignoring fractional shares) of the total number of Option Shares; (ii) on and after the second anniversary of the Date of Xxxxx, up to an additional 25% one-third (ignoring fractional shares) of the total number of Option Shares; and (iii) on and after the third anniversary of the Date of Xxxxx, up to an additional 25% (ignoring fractional shares) of the total number of Option Shares; and (iv) on and after the fourth anniversary of the Date of Xxxxx, the remaining Option Shares.. Exhibit 10.35.2

Installment Exercise. Subject to such further limitations as are provided herein, the Option shall become exercisable in four three (43) installments, the Grantee Xxxxxxx having the right hereunder to purchase from the Company the following number of Option Shares upon exercise of the Option, on and after the following dates, in cumulative fashion: (i) on and after the first anniversary of the Date of Xxxxx, Grant up to 25% one-third (ignoring fractional shares) of the total number of Option Shares; (ii) on and after the second anniversary of the Date of Xxxxx, up to an additional 25% one-third (ignoring fractional shares) of the total number of Option Shares; and (iii) on and after the third anniversary of the Date of Xxxxx, up to an additional 25% (ignoring fractional shares) of the total number of Option Shares; and (iv) on and after the fourth anniversary of the Date of Xxxxx, the remaining Option Shares.. Exhibit 10.35.3

Installment Exercise. Subject to such further limitations as are provided herein, the Option shall become exercisable in four (4) installments, the Grantee having the right hereunder to purchase from the Company the following number of Option Shares upon exercise of the Option, on and after the following dates, in cumulative fashion: (i) on and after the first anniversary of the Date of XxxxxGrant, up to 25% (ignoring fractional shares) of the total number of Option SharesOptxxx Xhares; (ii) on and after the second anniversary of the Date of XxxxxGrant, up to an additional 25% (ignoring fractional shares) of the total number xxxxer of Option Shares; and (iii) on and after the third anniversary of the Date of XxxxxGrant, up to an additional 25% (ignoring fractional shares) of the total number xxxxer of Option Shares; and (iv) on and after the fourth anniversary of the Date of XxxxxGrant, the remaining Option Shares.