Common use of The Options Clause in Contracts

The Options. 2.1 Subject to compliance with applicable laws, the Company hereby grants to the Optionee, on the terms and conditions set out in this Agreement and in the Plan, Options to purchase a total of TWO HUNDRED FIFTY THOUSAND (250,000) Optioned Shares at the Exercise Price. 2.2 The Options will vest in accordance with Schedule “A” to this Agreement. The Options may be exercised immediately after vesting. Upon the occurrence of a “Change of Control” (as hereinafter defined), all unvested Options shall vest immediately. For purposes of this Agreement, “Change of Control” means:

The Options. 2.1 Subject to compliance with applicable laws, the Company hereby grants to the Optionee, on the terms and conditions set out in this Agreement and in the Plan, Options to purchase a total of ONE MILLION TWO HUNDRED FIFTY THOUSAND (250,000THOUSAND(1,250,000) Optioned Shares at the Exercise Price. 2.2 The Options will vest in accordance with Schedule “A” to this Agreement. The Options may be exercised immediately after vesting. Upon the occurrence of a “Change of Control” (as hereinafter defined), all unvested Options shall vest immediately. For purposes of this Agreement, “Change of Control” means:

The Options. 2.1 Subject to compliance with applicable laws, the Company hereby grants to the Optionee, on the terms and conditions set out in this Agreement and in the Plan, Options to purchase a total of TWO ONE MILLION FIVE HUNDRED FIFTY THOUSAND (250,0001,500,000) Optioned Shares at the Exercise Price. 2.2 The Options will vest in accordance with Schedule “A” to this Agreement. The Options may be exercised immediately after vesting. Upon the occurrence of a “Change of Control” (as hereinafter defined), all unvested Options shall vest immediately. For purposes of this Agreement, “Change of Control” means:

The Options. 2.1 Subject to compliance with applicable laws, the Company hereby grants to the Optionee, on the terms and conditions set out in this Agreement and in the Plan, Options to purchase a total of TWO SEVEN HUNDRED FIFTY THOUSAND (250,000750,000) Optioned Shares at the Exercise Price. 2.2 The Options will vest in accordance with Schedule “A” to this Agreement. The Options may be exercised immediately after vesting. Upon the occurrence of a “Change of Control” (as hereinafter defined), all unvested Options shall vest immediately. For purposes of this Agreement, “Change of Control” means: