Common use of Vesting and Lapse of Restrictions Clause in Contracts

Vesting and Lapse of Restrictions. Subject to Sections 3(a) and 3(c), the Award shall vest and Restrictions shall lapse with respect to 100% of the Shares subject to the Award (rounded down to the next whole number of shares) on January 30, 2010, provided in each case that the Participant remains continuously employed in active service by the Company from the Award Date through such date.

Vesting and Lapse of Restrictions. Subject to Sections 3(a) and 3(c), the Award shall vest and Restrictions shall lapse (i) with respect to 10050% of the Shares subject to the Award (rounded down to the next whole number of shares) on January 3031, 20102009, and (ii) with respect to 50% of the Shares subject to the Award (rounded up to the next whole number of shares) on January ___, _____, provided in each case that the Participant remains continuously employed in active service by the Company from the Award Date through such date.

Vesting and Lapse of Restrictions. Subject to Sections 3(a) and 3(c), the Award shall vest and Restrictions shall lapse with respect to 100% of the Shares subject to the Award (rounded down to the next whole number of shares) on January 30___, 2010_____, provided in each case that the Participant remains continuously employed in active service by the Company from the Award Date through such date.

Vesting and Lapse of Restrictions. Subject to Sections 3(a) and 3(c), the Award shall vest and Restrictions shall lapse (i) with respect to 10050% of the Shares subject to the Award (rounded down to the next whole number of shares) on January 30February 3, 20102007, and (ii) with respect to 50% of the Shares subject to the Award (rounded up to the next whole number of shares) on February 2, 2008, provided in each case that the Participant remains continuously employed in active service by the Company from the Award Date through such date.

Vesting and Lapse of Restrictions. Subject to Sections 3(a) and 3(c), the Award shall vest and Restrictions shall lapse with respect to 100% 1/3 of the Shares subject to the Award (rounded down to the next whole number of shares) on January 30, 2010each of the first three anniversaries of the Award Date, provided in each case that the Participant remains continuously employed in active the service by of the Company as an Outside Director from the Award Date through such date.