Common use of Stock Option Vesting Clause in Contracts

Stock Option Vesting. Notwithstanding the vesting schedules provided in the Stock Option Agreement, dated as of December 2, 1994, as amended, or the Stock Option Agreement, dated as of October 25, 1996, each between Employer and Employee (collectively, the "Stock Option Agreements"), all options granted thereunder shall become immediately exercisable upon a Change in Control unless prior thereto such options shall have been exercised or shall have expired.

Stock Option Vesting. Notwithstanding the vesting schedules provided in the Stock Option Agreement, dated as of December 2April 1, 19941996, as amended, or the Stock Option Agreement, dated as of October 25, 1996, each between Employer and Employee (collectively, the "Stock Option Agreements"), all options granted thereunder shall become immediately exercisable upon a Change in Control unless prior thereto such options shall have been exercised or shall have expired.

Stock Option Vesting. Notwithstanding the vesting schedules provided in the Stock Option Agreement, dated as of December 2February 3, 19941997, as amended, or the Stock Option Agreement, dated as of October 25, 1996, each between Employer and Employee (collectively, the "Stock Option AgreementsAgreement"), all options granted thereunder shall become immediately exercisable upon a Change in Control unless prior thereto such options shall have been exercised or shall have expired.