Common use of Limitations on Payment by Delivery of Common Stock Clause in Contracts

Limitations on Payment by Delivery of Common Stock. If the --------------------------------------------------------- Employee delivers Common Stock held by the Employee ("Old Stock") to the Company --------- in full or partial payment of the exercise price, and the Old Stock so delivered is subject to restrictions or limitations imposed by agreement between the Employee and the Company, an equivalent number of Option Shares shall be subject to all restrictions and limitations applicable to the Old Stock to the extent that the Employee paid for the Option Shares by delivery of Old Stock, in addition to any restrictions or limitations imposed by this Agreement. Notwithstanding the foregoing, the Employee may not pay any part of the exercise price hereof by transferring Common Stock to the Company unless such Common Stock has been owned by the Employee free of any substantial risk of forfeiture for at least six months.

Limitations on Payment by Delivery of Common Stock. If the --------------------------------------------------------- Employee -------------------------------------------------- Optionee delivers Common Stock held by the Employee Optionee ("Old Stock") to the Company --------- in full or partial payment of the exercise option price, and the Old Stock so delivered is subject to restrictions or limitations imposed by agreement between the Employee Optionee and the Company, an equivalent number of Option Shares shall be subject to all restrictions and limitations applicable to the Old Stock to the extent that the Employee Optionee paid for the Option Shares by delivery of Old Stock, in addition to any restrictions or limitations imposed by this Agreement. Notwithstanding the foregoing, the Employee Optionee may not pay any part of the exercise price hereof by transferring Common Stock to the Company unless the Optionee has owned such Common Stock has been owned by the Employee free of any substantial risk of forfeiture for at least six months.

Limitations on Payment by Delivery of Common Stock. If the --------------------------------------------------------- -------------------------------------------------- Employee delivers Common Stock held by the Employee ("Old Stock") to the Company --------- in full or partial payment of the exercise option price, and the Old Stock so delivered is subject to restrictions or limitations imposed by agreement between the Employee and the Company, an equivalent number of Option Shares shall be subject to all restrictions and limitations applicable to the Old Stock to the extent that the Employee paid for the Option Shares by delivery of Old Stock, in addition to any restrictions or limitations imposed by this Agreement. Notwithstanding the foregoing, the Employee may not pay any part of the exercise price hereof by transferring Common Stock to the Company unless such Common Stock has been owned by the Employee free of any substantial risk of forfeiture for at least six months.

Limitations on Payment by Delivery of Common Stock. If the --------------------------------------------------------- -------------------------------------------------- Employee delivers Common Stock held by the Employee ("Old Stock") to the Company --------- in full or partial payment of the exercise option price, and the Old Stock so delivered is subject to restrictions or limitations imposed by agreement between the Employee and the Company, an equivalent number of Option Shares shall be subject to all restrictions and limitations applicable to the Old Stock to the extent that the Employee paid for the Option Shares by delivery of Old Stock, in addition to any restrictions or limitations imposed by this Agreement. Notwithstanding the foregoing, the Employee may not pay any part of the exercise price hereof by transferring Common Stock to the Company unless the Employee has owned such Common Stock has been owned by the Employee free of any substantial risk of forfeiture for at least six months.