Common use of Installment Exercise Clause in Contracts

Installment Exercise. (a) Subject to such further limitations as are provided herein, and except as provided in subparagraph (b) below [and Paragraph 4] below, the Option shall become vested and exercisable in ______ 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: [To be set by the Committee]

Installment Exercise. (a) Subject to such further limitations as are provided herein, and except as provided in subparagraph (b) below [and Paragraph 4] below, the Option shall become vested and exercisable in __________ 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: [To be set fashion as determined by the Committee]Program Administrators: ____________________________

Installment Exercise. (a) Subject to such further limitations as are provided herein, and except as provided in subparagraph (b) below [and Paragraph 4] below, the Option shall become vested and exercisable in _______ 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: [To be set by the Committee]

Installment Exercise. (a) Subject to such further limitations as are provided herein[, and except as provided in subparagraph (b) below [and Paragraph 44 below,] below, the Option shall become vested and exercisable in _______ 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: [To be set by the Committee]

Installment Exercise. (a) Subject to such further limitations as are provided hereinherein and subject to Section 2(b), and except as provided in subparagraph (b) below [and Paragraph 4] below, the Option shall become vested and 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, Option on and after the following dates, in cumulative fashion: [To be set by the Committee]:

Installment Exercise. (a) Subject to such further limitations as are provided herein, and except as provided in subparagraph (b) below [and Paragraph 4] below, the Option shall become vested and exercisable in __________ 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: [To be set fashion as determined by the Committee]Program Administrators: ________________