Common use of Merger, Consolidation or Change in Control Clause in Contracts

Merger, Consolidation or Change in Control. In the event of a Change in Control, all holding period and vesting exercise restrictions will lapse and the Options will become immediately exercisable in full and the 30 day period set forth in paragraph (3)(a) above will be extended to three (3) years. For purposes of this Agreement, "Change in Control" shall be as defined in Section 14 of the Plan, provided that notwithstanding the provisions of Section 14(c) of the Plan relating to stockholder approval of a transaction constituting a Business Combination (as defined in Section 14(c)), a Change in Control with respect to a Business Combination shall not occur prior to the date of consummation of such transaction.

Merger, Consolidation or Change in Control. In the event of a Change in Change-in-Control, all holding period and vesting exercise restrictions will lapse and the Options will become immediately exercisable in full and the 30 day period set forth in paragraph (3)(a3) (a) above will be extended to three (3) years. For purposes of this Agreement, "Change in Control" shall be as defined in Section 14 of the Plan, provided that notwithstanding the provisions of Section 14(c) of the Plan relating to stockholder approval of a transaction constituting a Business Combination (as defined in Section 14(c)), a Change in Control with respect to a Business Combination shall not occur prior to the date of consummation of such transaction.

Merger, Consolidation or Change in Control. In the event of a Change in Change-in-Control, all holding period and vesting exercise restrictions will lapse and the Options will become immediately exercisable in full and the 30 day one (1) month period set forth in paragraph (3)(a3) (a) above will be extended to three (3) years. For purposes of this Agreement, "“Change in Control" ” shall be as defined in Section 14 of the Plan, provided that notwithstanding the provisions of Section 14(c) of the Plan relating to stockholder approval of a transaction constituting a Business Combination (as defined in Section 14(c)), a Change in Control with respect to a Business Combination shall not occur prior to the date of consummation of such transaction.

Merger, Consolidation or Change in Control. In the event of a Change in Change-in-Control, all holding period and vesting exercise restrictions will lapse and the Options will become immediately exercisable in full and the 30 day one (1) month period set forth in paragraph (3)(a3) (a) above will be extended to three (3) years. For purposes of this Agreement, "Change in Control" shall be as defined in Section 14 of the Plan, provided that notwithstanding the provisions of Section 14(c) of the Plan relating to stockholder approval of a transaction constituting a Business Combination (as defined in Section 14(c)), a Change in Control with respect to a Business Combination shall not occur prior to the date of consummation of such transaction.