Common use of Stock Options; Employee Stock Purchase Plans Clause in Contracts

Stock Options; Employee Stock Purchase Plans. At the Effective Time, all options to purchase Company Common Stock (each, a "COMPANY STOCK OPTION" and collectively, the "COMPANY STOCK OPTIONS") then outstanding under the Company's 2000 Stock Incentive Plan, 1999 Stock Incentive Plan, 1994 Stock Option Plan and 1994 Formula Stock Option Plan (each, a "COMPANY OPTION PLAN" and collectively, the "COMPANY OPTION PLANS") shall be assumed by Parent in accordance with SECTION 5.8 hereof. Purchase rights outstanding under the Company's Employee Stock Purchase Plan (the "ESPP") shall be treated as set forth in SECTION 5.8 hereof.

Stock Options; Employee Stock Purchase Plans. At the Effective Time, all options to purchase the Company Common Stock (each, a "COMPANY STOCK OPTION" and collectively, the "COMPANY STOCK OPTIONS") then outstanding under the Company's 2000 Stock 1993 Equity Incentive PlanPlan (the "1993 PLAN"), 1999 Stock the Company's 1996 Equity Incentive Plan, 1994 Stock Option Plan (the "1996 PLAN") and 1994 Formula the Company's 1996 Directors Stock Option Plan (each, a the "COMPANY OPTION DIRECTORS PLAN" and collectivelytogether with the 1993 Plan and the 1996 Plan, the "COMPANY STOCK OPTION PLANS") shall be assumed by Parent in accordance with SECTION 5.8 Section 5.11 hereof. Purchase rights Options outstanding under the Company's 1996 Employee Stock Purchase Plan (the "ESPPCOMPANY PURCHASE PLAN") shall be treated as set forth in SECTION 5.8 hereofSection 5.11.

Stock Options; Employee Stock Purchase Plans. At the Effective Time, all options to purchase Company Common Stock (each, a "COMPANY STOCK OPTION" and collectively, the "COMPANY STOCK OPTIONS") then outstanding under the Company's 2000 Stock Incentive Plan, 1999 Stock Incentive Plan, 1994 Stock Option Plan and 1994 Formula Stock Option Plan (each, a "COMPANY OPTION PLAN" and collectively, the "COMPANY OPTION PLANS") shall be assumed by Parent in accordance with SECTION Section 5.8 hereof. Purchase rights outstanding under the Company's Employee Stock Purchase Plan (the "ESPP") shall be treated as set forth in SECTION Section 5.8 hereof.

Stock Options; Employee Stock Purchase Plans. At the Effective Time, all options to purchase Company Common Stock (each, a "COMPANY STOCK OPTION" and collectively, the "COMPANY STOCK OPTIONS") then outstanding under the Company's 2000 Stock Incentive Plan, 1999 Stock Incentive Plan, 1994 Stock Option Plan Amended and 1994 Formula Restated Employee Stock Option Plan (eachthe "Employee Option Plan"), a Company's Amended and Restated 1996 Directors Stock Option Plan (the "COMPANY OPTION PLANDirectors' Plan") and Amended and Restated 1996 Stock Option Plan (the "1996 Option Plan" and collectivelytogether with the Employee Option Plan and the Directors' Plan, the "COMPANY OPTION PLANSCompany Stock Option Plans") shall be assumed by Parent in accordance with SECTION Section 5.8 hereof. Purchase rights Rights outstanding under the Company's Employee Stock Purchase Plan (the "ESPP") shall be treated as set forth in SECTION 5.8 hereofSection 5.8.