Common use of Possible Acceleration of Option upon Change in Control Clause in Contracts

Possible Acceleration of Option upon Change in Control. As provided in Section 7.3 of the Plan, if the Corporation undergoes a Change in Control Event, any outstanding Option will become fully vested. However, if the Grantee is designated on the Corporation's payroll records as a Tier 1 or Tier 2 executive or above (or comparable designation) or is an executive officer on the date of the Change in Control Event, no Option will vest solely on account of such Change in Control Event unless the Grantee's employment with the Corporation is terminated without Cause (as defined below) within the two-year period following such Change in Control Event.

Possible Acceleration of Option upon Change in Control. As provided in Section 7.3 of the Plan, if the Corporation undergoes a Change in Control Event, any outstanding Option will become fully vested. However, if the Grantee is with respect to participants who are designated on the Corporation's payroll records as a Tier 1 or Tier 2 executive or above (or comparable designation) or is an executive officer on the date of the Change in Control Event, no Option will vest solely on account of such a Change in Control Event unless the Granteesuch executive's employment with the Corporation is terminated without Cause (as defined below) within the two-year period following such Change in Control Event.

Possible Acceleration of Option upon Change in Control. As provided in Section 7.3 5.3 of the Plan, if the Corporation undergoes a Change in Control Eventoccurs, any outstanding Option will become fully vested. However, if the Grantee Optionee is designated on the Corporation's Company’s payroll records as a Tier 1 or Tier 2 executive or above (or comparable designation) ), or is an executive officer officer, on the date of the Change in Control EventControl, no Option will vest solely on account of such Change in Control Event unless the Grantee's Optionee’s employment with the Corporation Company is terminated without Cause (as defined below) within the two-year period following such Change in Control EventControl.

Possible Acceleration of Option upon Change in Control. As provided in Section 7.3 of the Plan, if the Corporation undergoes a Change in Control Event, any outstanding Option will become fully vested. However, if the Grantee is designated on the Corporation's ’s payroll records as a Tier 1 or Tier 2 executive or above (or comparable designation) or is an executive officer on the date of the Change in Control Event, no Option will vest solely on account of such Change in Control Event unless the Grantee's ’s employment with the Corporation is terminated without Cause (as defined below) within the two-year period following such Change in Control Event.