Common use of Shares Subject to Exercise Clause in Contracts

Shares Subject to Exercise. Shares subject to exercise shall be 25% of such Shares on and after the first anniversary of the date hereof, 25% of such Shares on and after the second anniversary of the date hereof, 25% of such Shares on and after the third anniversary of the date hereof and 25% of such Shares on and after the fourth anniversary of the date hereof. All Shares shall thereafter remain subject to exercise for the term specified in Paragraph 2 hereof, provided that Optionee is then and has continuously been in the employ of or providing services to the Company, or its Affiliates, subject, however, to the provisions of Paragraph 6 hereof.

Shares Subject to Exercise. Shares subject to exercise shall be 2520% of such Shares on the Grant Date, 40% of such Shares on and after the first anniversary of the date hereofGrant Date, 2560% of such Shares on and after the second anniversary of the date hereofGrant Date, 2580% of such Shares on and after the third anniversary of the date hereof and 25Grant Dateand 100% of such Shares on and after the fourth anniversary of the date hereofGrant Date. All Shares shall thereafter remain subject to exercise for the term specified in Paragraph 2 hereof, provided that Optionee is then and has continuously been in the employ of or providing services to the Company, or its AffiliatesAffiliate, subject, however, to the provisions of Paragraph 6 hereof.

Shares Subject to Exercise. Shares subject to exercise shall be 25% of such Shares on and after the first anniversary of the date Date hereof, 25% of such Shares on and after the second anniversary of the date Date hereof, 25% of such Shares on and after the third anniversary of the date Date hereof and 25% of such Shares on and after the fourth anniversary of the date Date hereof. All Shares shall thereafter remain subject to exercise for the term specified in Paragraph 2 hereof, provided that Optionee is then and has continuously been in the employ of or providing services to the Company, or its Affiliates, subject, however, to the provisions of Paragraph 6 hereof.

Shares Subject to Exercise. Shares subject to exercise shall be 25% of such Shares on and after the first anniversary of the date hereof, 25% of such Shares on and after the second anniversary of the date hereof, 25hereof and 50% of such Shares on and after the third anniversary of the date hereof and 25% of such Shares on and after the fourth anniversary of the date hereof. All Shares shall thereafter remain subject to exercise for the term specified in Paragraph 2 hereof, provided that Optionee is then and has continuously been in the employ of or providing services to the Company, or its AffiliatesAffiliate, subject, however, to the provisions of Paragraph 6 hereof.