Common use of Option Period; Vesting Clause in Contracts

Option Period; Vesting. (a) Subject to the provisions of Section 8, the Options granted to purchase the Vested Shares can be excercised at any time prior to expiration of the five (5) year period, subject to certain restricted periods of excercise as governed by the securities law, and certain board actions that may prohibit the exercise during certain periods of time. . (b) As long as Holder is engaged by the Corporation pursuant to this CSAB Agreement, Shares of Common Stock underlying this Option shall become “Vested Shares” as follows:, 1,850 shares of Common Stock shall become Vested Shares on November 1, 2003, and an additional 1,650 shares of common stock will become vested shares on the 1st day of every third month for the term of this agreement.

Option Period; Vesting. (a) 3.1 Subject to the provisions of Section 8, the Options granted shall be exercisable to purchase the Vested Shares can be excercised at any time prior to expiration of the five (5) year periodperiod commencing upon the Grant Date (the "Expiration Date"), subject unless earlier terminated pursuant to certain restricted periods of excercise as governed by the securities law, and certain board actions that may prohibit the exercise during certain periods of time. Section 7. 3.2 Shares of Common Stock underlying this Option shall become "Vested Shares" as follows: (ba) As so long as Holder is engaged by the Corporation pursuant to this CSAB Agreement, Shares of Common Stock underlying the Scientific Advisory Board Agreement to which this Option shall become “Vested Shares” as follows:is an Exhibit (the "Scientific Advisory Board Agreement"), 1,850 1,250 shares of Common Stock shall become Vested Shares on November August 1, 20032002, and an additional 1,650 shares of common stock will become vested shares on the 1st day of every third month for the term of this agreement.additional

Option Period; Vesting. (a) 3.1 Subject to the provisions of Section 8, the Options granted shall be exercisable to purchase the Vested Shares can be excercised at any time prior to expiration of the five (5) year periodperiod commencing upon the Grant Date (the "Expiration Date"), subject unless earlier terminated pursuant to certain restricted periods of excercise as governed by the securities law, and certain board actions that may prohibit the exercise during certain periods of time. Section 7. 3.2 Shares of Common Stock underlying this Option shall become "Vested Shares" as follows: (a) upon execution of this Option, 11,112 shares of Common Stock shall become Vested Shares, (b) As so long as Holder is engaged by the Corporation pursuant to this CSAB Agreement, Shares of Common Stock underlying the Consulting Agreement to which this Option shall become “Vested Shares” as follows:is an Exhibit (the "Consulting Agreement"), 1,850 11,112 shares of Common Stock shall become Vested Shares on November 115th day of each month commencing upon April 15, 2002 for 16 months, and (c) 11,096 shares shall become Vested Shares on August 15, 2003, and an additional 1,650 shares of common stock will become vested shares on the 1st day of every third month for the term of this agreement.