Common use of New Stock Options Clause in Contracts

New Stock Options. As further compensation, and in addition to the stock options that have been issued to the Executive prior to the Execution Date (which are not affected by this Agreement and remain outstanding, vested, and exercisable in accordance with their terms), the Company is granting to the Executive, for service on and after the Approval Date, new options to purchase additional shares of common stock of the Company (the "New Options") as follows:

New Stock Options. As further compensation, and in addition to the stock options (the "Outstanding Options") that have been issued to the Executive prior to the Execution Date (which are not affected by this Agreement and remain outstanding, vested, and exercisable in accordance with their terms)Transition Date, the Company is granting has granted to the Executive, for service on and after the Approval Transition Date, new options to purchase additional shares of common stock of the Company (the "New Options") as follows:

New Stock Options. As further compensation, and in addition to the stock options and restricted shares that have been issued granted to Executive under prior agreements with the Executive prior to the Execution Date Company (which are not affected by this Agreement and Agreement, remain outstanding, vestedand, to the extent not vested as of the Transition Date, shall continue to vest and become exercisable in accordance with their termsterms after the Transition Date), the Company is granting hereby grants to the Executive, as incentive compensation for service on and after the Approval Transition Date, new options to purchase additional shares of common stock of the Company (the "“New Options"”) as follows:

New Stock Options. As further compensation, and in addition to the stock options that have been issued to the Executive prior to the Execution Date June 3, 2005 (which are not affected by this Agreement and remain outstanding, vested, and exercisable in accordance with their terms), the Company is granting has granted to the Executive, for service on and after the Approval Date, new options to purchase additional shares of common stock of the Company (the "New Options") as follows: