Common use of MODIFICATION OF OPTION Clause in Contracts

MODIFICATION OF OPTION. The Option hereby is converted, effective as of the effective time of the Merger ("Conversion Time"), into an option to purchase 3,250 shares of MFC's common stock at a price of $19.00 per share.

MODIFICATION OF OPTION. The Option hereby is converted, effective as of the effective time of the Merger ("Conversion Time"), into an option to purchase 3,250 3,300 shares of MFC's common stock at a price of $19.00 22.00 per share.