Common use of Shares Subject to Exercise Clause in Contracts

Shares Subject to Exercise. This Option shall be exercisable in equal installments of twenty-five percent (25%) of the Shares on and after each of the first four anniversaries of the date hereof, provided, however, that an installment shall not become exercisable if the Optionee is not employed as an employee, director, consultant or adviser of the Company, or its Affiliate, as of such anniversary date (except as otherwise provided for in Section 6 hereof). Once exercisable, the Option shall thereafter remain exercisable as to such Shares for the term specified in Section 2 hereof, unless Optionee's employment is terminated pursuant to Section 6 hereof or the Option is terminated pursuant to a Corporate Transaction. The Administrator may condition the exercise of the Option on the Optionee's entering into a stockholders agreement with the Company and/or other stockholders which will restrict the transferability of the Shares and contain other customary provisions including rights of repurchase or first refusal on the part of the Company and may include "drag along" rights.

Shares Subject to Exercise. This Option shall be exercisable in equal installments of twenty-five as to ___ percent (25__%) of the Shares on and after each of the first four ____ anniversaries of the date hereof, hereof provided, however, that an installment shall not become exercisable if the Optionee is not employed as an employee, director, consultant or adviser of the Company, or its Affiliate, as of such anniversary date (except as otherwise provided for in Section 6 hereof)date. Once exercisable, the Option shall thereafter remain exercisable as to such Shares for the term specified in Section 2 hereof, unless Optionee's ’s employment is terminated pursuant to Section 6 hereof or the Option is terminated pursuant to a Corporate TransactionTransaction (as defined in Section 15 hereof). The Administrator may condition the exercise of the Option on the Optionee's ’s entering into a stockholders shareholders agreement with the Company and/or other stockholders shareholders which will restrict the transferability of the Shares and contain other customary provisions including rights of repurchase or first refusal on the part of the Company and may include "“drag along" ” rights.

Shares Subject to Exercise. This Option shall be exercisable in equal installments of twenty-five percent (25%) of the Shares on and after each of the first four anniversaries of the date hereof, ; provided, however, that an installment shall not become exercisable if the Optionee is not employed as an employee, director, consultant or adviser in the employ of the Company, or its Affiliate, as of such anniversary vesting date (except as otherwise provided for in Section 6 hereof). Once exercisable, the Option shall thereafter remain exercisable as to such Shares for the term specified in Section 2 hereof, unless Optionee's employment is terminated pursuant to Section 6 hereof or the Option is terminated pursuant to a Corporate Transaction. The Administrator may condition the exercise of the Option on the Optionee's entering into a stockholders agreement with the Company and/or other stockholders which will restrict the transferability of the Shares and contain other customary provisions including rights right of repurchase or first refusal on the part of the Company and may include "drag drag-along" rights.

Shares Subject to Exercise. This Option shall be exercisable in equal installments of twenty-five as to ___ percent (25___%) of the Shares on and after each of the first four ___ anniversaries of the date hereof, hereof provided, however, that an installment shall not become exercisable if the Optionee is not employed as an employee, director, consultant or adviser of the Company, or its Affiliate, as of such anniversary date (except as otherwise provided for in Section 6 hereof)date. Once exercisable, the Option shall thereafter remain exercisable as to such Shares for the term specified in Section 2 hereof, unless Optionee's ’s employment is terminated pursuant to Section 6 hereof or the Option is terminated pursuant to a Corporate TransactionTransaction (as defined in Section 15 hereof). The Administrator may condition the exercise of the Option on the Optionee's ’s entering into a stockholders shareholders agreement with the Company and/or other stockholders shareholders which will restrict the transferability of the Shares and contain other customary provisions including rights of repurchase or first refusal on the part of the Company and may include "“drag along" ” rights.

Shares Subject to Exercise. This Option shall be exercisable in equal installments of twenty-five as to ___ percent (25__%) of the Shares on and after each of the first four ____ anniversaries of the date hereof, hereof provided, however, that an installment shall not become exercisable if the Optionee is not employed as an employee, director, consultant or adviser of the Company, or its Affiliate, as of such anniversary date (except as otherwise provided for in Section 6 hereof)date. Once exercisable, the Option shall thereafter remain exercisable as to such Shares for the term specified in Section 2 hereof, unless Optionee's employment is terminated pursuant to Section 6 hereof or the Option is terminated pursuant to a Corporate TransactionTransaction (as defined in Section 15 hereof). The Administrator may condition the exercise of the Option on the Optionee's entering into a stockholders shareholders agreement with the Company and/or other stockholders shareholders which will restrict the transferability of the Shares and contain other customary provisions including rights of repurchase or first refusal on the part of the Company and may include "drag along" rights.