Common use of OPTION TERM; VESTING; TIMES OF EXERCISE Clause in Contracts

OPTION TERM; VESTING; TIMES OF EXERCISE. The Option shall become Vested in one-third increments upon each of the first three (3) anniversaries following the date hereof. The vesting on any such increment shall be subject to the continuous employment of Optionee until the anniversary date on which such increment is scheduled to vest, and provided further that the Option shall expire and shall no longer be exercisable following ten (10) years from the date of this Agreement (the "Expiration Date"). Except as otherwise specifically set forth below and elsewhere in this Agreement, the Option shall become Vested only to the extent that the foregoing continuous employment requirement is satisfied, regardless of the circumstances under which Optionee's employment is terminated.

OPTION TERM; VESTING; TIMES OF EXERCISE. The Option shall become Vested in one-third increments upon each of the first three (3) annual anniversaries following from the date hereofof this Agreement. The vesting on of any such increment shall be subject to the continuous employment of Optionee until the anniversary date on which such increment is scheduled to vest, and provided further that the Option shall expire and shall no longer be exercisable following after ten (10) years from the date of this Agreement (the "Expiration Date"). Except as otherwise specifically set forth below and elsewhere in this Agreement, the Option shall become Vested only to the extent that the foregoing continuous employment requirement is satisfied, regardless of the circumstances under which Optionee's employment is terminated.

OPTION TERM; VESTING; TIMES OF EXERCISE. The Except as otherwise set forth in this Agreement, the Option shall become Vested in one-upon the third increments upon each (3rd) annual anniversary of the first three (3) anniversaries following Date of Grant, provided, however, that the date hereof. The vesting on any such increment of the Option shall be subject to the continuous employment of Optionee Grantee until the third (3rd) annual anniversary date on which such increment is scheduled to vestof the Date of Grant (the "Option Vesting Period"), and provided further that the Option shall expire and shall no longer be exercisable following ten (10) years from the date Date of this Agreement Grant (the "Expiration Date"). Except as otherwise specifically set forth below and elsewhere in this Agreement, the Option shall become Vested only to the extent that the foregoing continuous employment requirement is satisfied, regardless of the circumstances under which OptioneeGrantee's employment is terminated.

OPTION TERM; VESTING; TIMES OF EXERCISE. The Option shall become Vested in one-third increments upon each of the first three (3) anniversaries following the date hereof. The vesting on any such increment shall be subject to the continuous employment of Optionee until the anniversary date on which such increment is scheduled to vest, and provided further that the Option shall expire and shall no longer be exercisable following ten (10) years from the date of this Agreement (the "Expiration Date"). Except as otherwise specifically set forth below and elsewhere in this Agreement, the Option shall become Vested only to the extent that the foregoing continuous employment requirement is satisfied, regardless of the circumstances under which Optionee's employment is terminated. The exercise of any option or the sale of any stock is subject to the Company's standard blackout practices as more fully described in the Company's policies and procedures.