Common use of Lapse of Repurchase Option Clause in Contracts

Lapse of Repurchase Option. (1) Subject to Sections III (2) and (3), the Repurchase Option shall lapse in accordance with the following schedule with respect to the Shares which have not previously been forfeited by you, provided you are actively employed by the Company or an Affiliate on the respective dates: Date Number of Shares to Which Repurchase Option Shall Lapse March 3, 2006 6,000 March 3, 2007 6,000 March 3, 2008 6,000 March 3, 2009 7,000

Lapse of Repurchase Option. (1) Subject to Sections III (2), (3) and (34), the Repurchase Option shall lapse in accordance with the following schedule with respect to the Shares which have not previously been forfeited by you, provided you are actively employed by the Company or an Affiliate on the respective dates: Date Number of Shares as to Which Repurchase Option Shall Lapse March 3January 14, 2004 5,000 January 14, 2005 7,500 January 14, 2006 6,000 March 37,500 January 14, 2007 6,000 March 3, 2008 6,000 March 3, 2009 7,0007,500

Lapse of Repurchase Option. (1) Subject to Sections III (2), (3) and (34), the Repurchase Option shall lapse in accordance with the following schedule with respect to the Shares which have not previously been forfeited by you, provided you are actively employed by the Company or an Affiliate on the respective dates: Date Number of Shares as to Which Repurchase --------------------------------------- Date Option Shall Lapse March 3---- ------------------ April 1, 2004 5,000 April 1, 2005 7,500 April 1, 2006 6,000 March 37,500 April 1, 2007 6,000 March 3, 2008 6,000 March 3, 2009 7,0007,500

Lapse of Repurchase Option. (1) Subject to Sections III (2), (3) and (34), the Repurchase Option shall lapse in accordance with the following schedule with respect to the Shares which have not previously been forfeited by you, provided you are actively employed by the Company or an Affiliate on the respective dates: Date Number of Shares to Which Repurchase Option Shall Lapse March 3December 6, 2005 6,666 December 6, 2006 6,000 March 36,666 December 6, 2007 6,000 March 3, 2008 6,000 March 3, 2009 7,0006,668

Lapse of Repurchase Option. (1) Subject to Sections III (2), (3) and (34), the Repurchase Option shall lapse in accordance with the following schedule with respect to the Shares which have not previously been forfeited by you, provided you are actively employed by the Company or an Affiliate on the respective dates: Date Number of Shares to Which Repurchase Option ------------------------------------------- Date Shall Lapse March 3---- ----------- April 1, 2006 6,000 March 32002 40,000 April 1, 2007 6,000 March 32003 23,750 April 1, 2008 6,000 March 32004 23,750 April 1, 2009 7,0002005 24,000

Lapse of Repurchase Option. (1) Subject to Sections III (2), (3) and (34), the Repurchase Option shall lapse in accordance with the following schedule with respect to the Shares which have not previously been forfeited by you, provided you are actively employed by the Company or an Affiliate on the respective dates: Date Number of Shares to Which Repurchase Option ------------------------------------------- Date Shall Lapse March 3---- ----------- May 16, 2004 20,000 May 16, 2005 20,000 May 16, 2006 6,000 March 3, 2007 6,000 March 3, 2008 6,000 March 3, 2009 7,00045,000