Common use of Non-Statutory Option Clause in Contracts

Non-Statutory Option. Under the Company's 1998 Stock Incentive Plan, as amended (the "Plan"), the Company hereby grants the Employee a non-statutory option ("NSO") to purchase from the Company thirty-seven thousand five hundred (37,500) shares of the Company's Common Stock. The exercise price of the NSO is $27.4375 per share, being the fair market value of the Company's Common Stock on the date hereof.

Non-Statutory Option. Under the Company's 1998 Stock Incentive Plan, as amended (the "Plan"), the Company hereby grants the Employee a non-statutory option ("NSO") to purchase from the Company thirtytwenty-seven five thousand five hundred (37,50025,000) shares of the Company's Common Stock. The exercise price of the NSO is $27.4375 per share, being the fair market value of the Company's Common Stock on the date hereof.

Non-Statutory Option. Under the Company's 1998 Stock Incentive Plan, as amended (the "Plan"), the Company hereby grants the Employee a non-statutory option ("NSO") to purchase from the Company thirty-seven ten thousand five hundred (37,50010,000) shares of the Company's Class A Common Stock ("Common Stock"). The exercise price of the NSO is $27.4375 21.425 per share, being the fair market value of the Company's Common Stock on the next preceding business day prior to the date hereofof this Agreement.