Pre-existing Options Clause Samples

Pre-existing Options. The provisions of this Article II shall --------------------- apply to Pre-existing Options (as defined in Section 4.1) held by a Management Stockholder to the same extent Article II applies to such person's shares of Common Stock, subject to any limitations contained herein, in the relevant stock option plan governing such Pre-existing Options or in such Pre-existing Options themselves.
Pre-existing Options. Any Management Stockholder who owns any -------------------- Pre-existing Option will not have any rights or obligations by reason of such Pre-existing Option under Articles VI, VII or VIII prior to the exercise of such Pre-existing Option, unless and until they exercise such Pre-existing Option, in which case such Management Stockholder shall be deemed a holder of Common Stock for the purposes of those Articles.