Common use of NQO Shares Clause in Contracts

NQO Shares. Unless expired as provided in paragraph 5 below, and subject to the special provisions of paragraph 6 below, the Option for NQO Shares may be exercised from time to time in whole or in part for not more than (i) 25% of the entire number of NQO Shares at any time after the first anniversary of the Date of Grant, (ii) 50% of the entire number of NQO Shares at any time after the second anniversary of the Date of Grant; (iii) 75% of the entire number of NQO Shares at any time after the third anniversary of the Date of Grant and (iv) the entire number of NQO Shares at any time after the fourth anniversary of the Date of Grant.

NQO Shares. Unless expired as provided in paragraph 5 below, and subject to the special provisions of paragraph 6 below, the Option for NQO Shares may be exercised from time to time in whole or in part for not more than (i) 25% of the entire number of NQO Shares at any time after the first anniversary of the Date of Grant, (ii) 50and an additional 25% of the entire number of total NQO Shares at any time after the second anniversary on each of the Date of Grant; three (iii3) 75% of the entire number of NQO Shares at any time after the third anniversary of the Date of Grant and (iv) the entire number of NQO Shares at any time after the fourth anniversary succeeding anniversaries of the Date of Grant.

NQO Shares. Unless expired as provided in paragraph 5 below, and subject to the special provisions of paragraph 6 below, the Option for NQO Shares may be exercised from time to time in whole or in part for not more than (i) 2533.3% of the entire number of NQO Shares at any time after the first anniversary of the Date of Grant, (ii) 5066.6% of the entire number of NQO Shares at any time after the second anniversary of the Date of Grant; Grant and (iii) 75% of the entire number of NQO Shares at any time after the third anniversary of the Date of Grant and (iv) the entire number of NQO Shares at any time after the fourth anniversary of the Date of Grant.

NQO Shares. Unless expired as provided in paragraph 5 below, and subject to the special provisions of paragraph 6 below, the Option for NQO Shares may be exercised from time to time in whole or in part for not more than (i) 2533% of the entire number of NQO Shares at any time after the first anniversary of the Date of Grant, (ii) 50and an additional 33% of the entire number of total NQO Shares at any time after the second anniversary on each of the Date of Grant; two (iii2) 75% of the entire number of NQO Shares at any time after the third anniversary of the Date of Grant and (iv) the entire number of NQO Shares at any time after the fourth anniversary succeeding anniversaries of the Date of Grant.