Common use of Termination After Change of Control Clause in Contracts

Termination After Change of Control. If Executive’s employment is terminated by the Company for reasons other than for Cause (as defined below) or by Executive for Good Reason (as defined below) within the 12 month period following a Change of Control (as defined below), then, in addition to the severance obligations due to Executive under paragraph 5 above, 100% of any then-unvested shares under Company stock options then held by Executive will vest upon the date of such termination.

Termination After Change of Control. If Executive’s employment is terminated by the Company for reasons other than for Cause If, within six (as defined below6) or by Executive for Good Reason (as defined below) within the 12 month period following months after a Change of Control (as defined below), thenthe Company shall terminate the Executive's employment other than pursuant to Section 3 or 5(b) hereof or if the Executive shall terminate his employment for Good Reason, in addition then the Company shall pay to the Executive as severance obligations due to Executive under paragraph 5 abovepay in a lump sum not later than the tenth (10th) day following the Date of Termination, 100% of any then-unvested shares under Company stock options then held by Executive will vest upon the date of such termination.following amounts:

Termination After Change of Control. If Executive’s employment is terminated by the Company for reasons other than for Cause If, within six (as defined below6) or by Executive for Good Reason (as defined below) within the 12 month period following months after a Change of Control (as defined below), thenthe Company shall terminate the Executive's employment other than pursuant to Section 3 or 5(b)hereof or if the Executive shall terminate his employment for Good Reason, in addition then the Company shall pay to the Executive as severance obligations due to Executive under paragraph 5 abovepay in a lump sum not later than the tenth (10th) day following the Date of Termination, 100% of any then-unvested shares under Company stock options then held by Executive will vest upon the date of such termination.following amounts:

Termination After Change of Control. If Executive’s employment is terminated by the Company for reasons other than for Cause (as defined below) or by Executive for Good Reason (as defined below) within the 12 month period following a Change of Control (as defined below), then, in addition to the severance obligations due to Executive under paragraph 5 above, 100% of any then-unvested shares under Company stock options then held by Executive will vest upon the date of such terminationtermination and the period of time for their exercise will be at the discretion of the Company. It may very well be necessary for the Executive to exercise such shares on the day of Change in Control.