Common use of Repurchase of Unvested Restricted Shares upon Termination of Employment Clause in Contracts

Repurchase of Unvested Restricted Shares upon Termination of Employment. 3.1.1 If the Stockholder for any reason or no reason, with or without cause, ceases to be employed by the Company, prior to the date specified in the table set forth below, then the Company shall have the right and option (the "Purchase Option"), but not the obligation, to purchase, or to designate one or more purchasers for, all or a part of the percentage of the total number of the Restricted Shares as is set forth in the columns of the table set forth below for the period in which the Stockholder ceases to be so employed (the "Unvested Restricted Shares"), at a price equal to $.15 per share (the "Share Price"), such price to be appropriately adjusted for stock dividends, stock splits or combinations, or similar recapitalizations. For purposes of this Agreement, employment with the Company shall include employment with a parent, subsidiary or sibling of the Company. ================================================================================ On or 18 January 18 April 18 July 18 October Before -------------------------------------------------------------------------------- 1998 75.0% 1999 70.3% 65.6% 61.9% 56.2% 2000 51.6% 46.9% 42.2% 37.5% 2001 32.8% 28.1% 23.4% 18.7% 2002 14.1% 9.4% 4.7% 0.0% ================================================================================

Repurchase of Unvested Restricted Shares upon Termination of Employment. 3.1.1 If the Stockholder for any reason or no reason, with or without cause, ceases to be employed by the Company, prior to the date specified in the table set forth below, then the Company shall have the right and option (the "Purchase Option"), but not the obligation, to purchase, or to designate one or more purchasers for, all or a part of the percentage of the total number of the Restricted Shares as is set forth in the columns of the table set forth below for the period in which the Stockholder ceases to be so employed (the "Unvested Restricted Shares"), at a price equal to $.15 per share (the "Share Price"), such price to be appropriately adjusted for stock dividends, stock splits or combinations, or similar recapitalizations. For purposes of this Agreement, employment with the Company shall include employment with a parent, subsidiary or sibling of the Company. ================================================================================ On or 18 January 18 April 18 July 18 October 14 May 14 August 14 November 14 February Before -------------------------------------------------------------------------------- 1998 75.057.4% 53.1% 48.9% 1999 70.344.6% 65.640.4% 61.936.1% 56.231.9% 2000 51.6% 46.9% 42.2% 37.5% 2001 32.8% 28.127.6% 23.4% 18.719.2% 14.9% 2001 10.7% 6.4% 2.2% 1.4% 2002 14.1% 9.4% 4.70.7% 0.0% ================================================================================

Repurchase of Unvested Restricted Shares upon Termination of Employment. 3.1.1 If the Stockholder for any reason or no reason, with or without cause, ceases to be employed by the Company, prior to the date specified in the table set forth below, then the Company shall have the right and option (the "Purchase Option"), but not the obligation, to purchase, or to designate one or more purchasers for, all or a part of the percentage of the total number of the Restricted Shares as is set forth in the columns of the table set forth below for the period in which the Stockholder ceases to be so employed (the "Unvested Restricted Shares"), at a price equal to $.15 per share (the "Share Price"), such price to be appropriately adjusted for stock dividends, stock splits or combinations, or similar recapitalizations. For purposes of this Agreement, employment with the Company shall include employment with a parent, subsidiary or sibling of the Company. ================================================================================ On or 18 January 18 April 18 July 18 October 14 May 14 August 14 November 14 February Before -------------------------------------------------------------------------------- 1998 75.051.9% 47.8% 43.7% 1999 70.339.6% 65.635.5% 61.931.4% 56.227.3% 2000 51.623.2% 46.919.1% 42.215.0% 37.511.0% 2001 32.86.9% 28.12.8% 23.42.1% 18.71.4% 2002 14.1% 9.4% 4.70.7% 0.0% ================================================================================

Repurchase of Unvested Restricted Shares upon Termination of Employment. 3.1.1 If the Stockholder for any reason or no reason, with or without cause, ceases to be employed by the Company, prior to the date specified in the table set forth below, then the Company shall have the right and option (the "Purchase Option"), but not the obligation, to purchase, or to designate one or more purchasers for, all or a part of the percentage of the total number of the Restricted Shares as is set forth in the columns of the table set forth below for the period in which the Stockholder ceases to be so employed (the "Unvested Restricted Shares"), at a price equal to $.15 per share (the "Share Price"), such price to be appropriately adjusted for stock dividends, stock splits or combinations, or similar recapitalizations. For purposes of this Agreement, employment with the Company shall include employment with a parent, subsidiary or sibling of the Company. ================================================================================ On or 18 January 18 April 18 July 18 October 6 May 6 August 6 November 6 February Before -------------------------------------------------------------------------------- 1998 75.047.1% 42.9% 38.7% 1999 70.334.6% 65.630.1% 61.926.2% 56.222.0% 2000 51.617.8% 46.913.6% 42.29.5% 37.55.3% 2001 32.81.1% 28.10.9% 23.40.7% 18.70.4% 2002 14.1% 9.4% 4.70.2% 0.0% ================================================================================