Common use of Upon a Change of Control Clause in Contracts

Upon a Change of Control. In the event of the occurrence of a Change in Control while the Executive is employed by the Company: (i) the Executive shall immediately vest in an additional number of shares under all outstanding options as if he had performed twelve (12) additional months of service; and (ii) if within twelve (12) months following the occurrence of the Change of Control, one of the following events occurs: (A) the Executive’s employment is terminated by the Company without Cause; or (B) the Executive resigns for Good Reason then the Executive shall immediately vest as to all shares under all outstanding options and the Company shall pay the Executive, in a lump sum, an amount equal to: (i) the then current year’s Target Bonus prorated for the number of days of Executive is employed in said year; (ii) one year’s Base Salary; and (iii) the greater of the then current year’s Target Bonus or the actual prior year’s bonus. The Executive’s Base Salary shall be paid at the rate in effect at the time of the termination of Employment.

Upon a Change of Control. In the event of the occurrence ------------------------ of a Change in Control while the Executive is employed by the Company: (i) the Executive shall immediately vest in an additional number of shares under all outstanding options as if he had performed twelve (12) additional months of service; and (ii) if within twelve (12) months following the occurrence of the Change of Control, one of the following events occurs: (A) the Executive’s 's employment is terminated by the Company without Cause; or (B) the Executive resigns for Good Reason then the Executive shall immediately vest as to all shares under all outstanding options and the Company shall pay the Executive, in a lump sum, an amount equal to: (i) the then current year’s 's Target Bonus prorated for the number of days of Executive is employed in said year; (ii) one year’s 's Base Salary; and (iii) the greater of the then current year’s 's Target Bonus or the actual prior year’s 's bonus. The Executive’s 's Base Salary shall be paid at the rate in effect at the time of the termination of Employment.

Upon a Change of Control. In the event of the occurrence of a Change in Control while the Executive is employed by the Company: (i) the Executive shall immediately vest in an additional number of shares under all outstanding options as if he had performed twelve (12) additional months of service; and (ii) if within twelve (12) months following the occurrence of the Change of Control, one of the following events occurs: (A) the Executive’s 's employment is terminated by the Company without Cause; or (B) the Executive resigns for Good Reason then the Executive shall immediately vest as to all shares under all outstanding options and the Company shall pay the Executive, in a lump sum, an amount equal to: (i) the then current year’s 's Target Bonus prorated for the number of days of Executive is employed in said year; (ii) one year’s 's Base Salary; and (iii) the greater of the then current year’s 's Target Bonus or the actual prior year’s 's bonus. The Executive’s 's Base Salary shall be paid at the rate in effect at the time of the termination of Employment.