Common use of Time of Exercise of Option Clause in Contracts

Time of Exercise of Option. Subject to the provisions of Section 4 below, the Option shall vest as provided in Appendix A, provided, however, that upon a Change in Control of the Company (as defined in the Employment Agreement between the Company and the Optionee dated June 26th, 2000), the Option shall be immediately exercisable. To the extent the Option is not exercised by the Optionee when it becomes exercisable, it shall continue in full force and effect until the Expiration Date (as hereinafter defined).

Time of Exercise of Option. Subject The Option shall become exercisable as provided on the cover page, except all options granted to Optionee under the Agreement that are not then exercisable shall become immediately exercisable upon the occurrence of a Change in Control. The Option will become exercisable only to the provisions of Section 4 belowextent that the Optionee is employed by the Company on such date. Once exercisable, the Option shall vest as provided in Appendix A, provided, however, that upon a Change in Control remain exercisable until such Option terminates pursuant to Section 4 of the Company (as defined in the Employment Agreement between the Company and the Optionee dated June 26th, 2000), the Option shall be immediately exercisable. To the extent the Option is not exercised by the Optionee when it becomes exercisable, it shall continue in full force and effect until the Expiration Date (as hereinafter defined)this Agreement.

Time of Exercise of Option. Subject to the provisions of Section 4 below, the Option shall vest as provided in Appendix Exhibit A, provided, however, that upon a Change in Control of the Company (as defined in the Employment Agreement between Plan) of the Company and the Optionee dated June 26th, 2000)Company, the Option shall be immediately exercisable. To the extent the Option is not exercised by the Optionee when it becomes exercisable, it shall continue in full force and effect until the Expiration Date (as hereinafter defined).

Time of Exercise of Option. Subject to the provisions of Section 4 below, the Option shall vest as provided in Appendix A, provided, however, that upon a Change in Control of the Company (as defined in the Employment Agreement between Plan) of the Company and the Optionee dated June 26th, 2000)Company, the Option shall be immediately exercisable. To the extent the Option is not exercised by the Optionee when it becomes exercisable, it shall continue in full force and effect until the Expiration Date (as hereinafter defined).

Time of Exercise of Option. Subject to the provisions of Section 4 below, the Option shall vest as provided in Appendix A, provided, however, that upon a Change in Control of the Company (as defined in the Employment Agreement between Plan) of the Company and the Optionee dated June 26th, 2000)Company, the Option shall be immediately exercisable. To the extent the Option is not exercised by the Optionee when it becomes exercisable, it shall continue in full force and effect until the Expiration Date (as hereinafter defined).