Common use of Release of Stock From Escrow Clause in Contracts

Release of Stock From Escrow. Shares held in escrow pursuant to this Agreement shall be released from such escrow by the delivery of the stock certificate(s) evidencing such Shares to the Executive (or, in the case of death or disability of the Executive, to the Executive's estate or legal guardian) at the earlier of: (a) January 28, 2003; (b) The death or disability (as defined in Section 9 of this Agreement) of the Executive; (c) The determination by the Board of Directors to authorize the re- lease of such Shares to the Executive upon the occurrence of any event the Board determines to warrant such release; or (d) The occurrence of a change in control, as defined in Section 10 of this Agreement.

Release of Stock From Escrow. Shares held in escrow pursuant to this Agreement shall be released from such escrow by the delivery of the stock certificate(s) evidencing such Shares to the Executive (or, in the case of death or disability of the Executive, to the Executive's estate or legal guardian) at the earlier ofat: (ai) January August 28, 20032001; (bii) The death or disability (as defined in Section 9 of this Agreementbelow) of the Executive; (ciii) The determination by the Board of Directors or the Committee to authorize the re- lease release of such Shares to the Executive upon the occurrence of any event that the Board or Committee determines to warrant such release; or (div) The occurrence of a change in control, as defined in Section 10 7.2 of this Agreement.

Release of Stock From Escrow. 1996 Shares held in escrow pursuant to this Agreement shall be released from such escrow by the delivery of the stock certificate(s) evidencing such 1996 Shares to the Executive (or, in the case of death or disability of the Executive, to the Executive's estate or legal guardian) at the earlier of: (ai) January August 28, 20032001; (bii) The death or disability (as defined in Section 9 of this Agreementbelow) of the Executive; (ciii) The determination by the Board of Directors or the Committee to authorize the re- lease release of such 1996 Shares to the Executive upon the occurrence of any event that the Board or Committee determines to warrant such release; or or (div) The occurrence of a change in control, as defined in Section 10 7.2 of this Agreement.

Release of Stock From Escrow. Shares held in escrow pursuant to this Agreement shall be released from such escrow by the delivery of the stock certificate(s) evidencing such Shares to the Executive (or, in the case of death or disability of the Executive, to the Executive's estate or legal guardian) at the earlier of: (a) January 28July 1, 2003; (b) The death or disability (as defined in Section 9 of this Agreement) of the Executive; (c) The determination by the Board of Directors or the Committee to authorize the re- re-lease of such Shares to the Executive upon the occurrence of any event the Board determines to warrant such release; or (d) The occurrence of a change in control, as defined in Section 10 of this Agreement.