Common use of Vesting of Option if Business Relationship Continues Clause in Contracts

Vesting of Option if Business Relationship Continues. If the Participant has continued to serve the Company in the capacity of an employee, officer, director, consultant or advisor (such service is described herein as maintaining or being involved in a “Business Relationship” with the Company) on the following dates, subject to Section 3, the Participant may exercise this option for the number of shares of Common Stock set opposite the applicable date: One year but less than two years from the Grant Date – 25% of the Shares Two years but less than three years from the Grant Date – an additional 25% of the Shares Three years but less than four years from the Grant Date – an additional 25% of the Shares Four years from the Grant Date – an additional 25% of the Shares The foregoing rights are cumulative and, while the Participant continues to maintain a Business Relationship with the Company may be exercised on or before the Final Exercise Date. All of the foregoing rights are subject to Section 3, as appropriate, if the Participant ceases to maintain a Business Relationship with the Company or retires, dies, becomes disabled or undergoes dissolution while involved in a Business Relationship with the Company.

Vesting of Option if Business Relationship Continues. If the Participant has continued to serve the Company in the capacity of an employee, officer, director, consultant or advisor (such service is described herein as maintaining or being involved in a “Business Relationship” with the Company) on the following dates, subject to Section 3, the Participant may exercise this option for the number of shares of Common Stock set opposite the applicable date: One year but less than two years from the Grant Date – - 25% of the Shares Two years but less than three years from the Grant Date – - an additional 25% of the Shares Three years but less than four years from the Grant Date – - an additional 25% of the Shares Four years from the Grant Date – - an additional 25% of the Shares The foregoing rights are cumulative and, while the Participant continues to maintain a Business Relationship with the Company may be exercised on or before the Final Exercise Date. All of the foregoing rights are subject to Section 3, as appropriate, if the Participant ceases to maintain a Business Relationship with the Company or retires, dies, becomes disabled or undergoes dissolution while involved in a Business Relationship with the Company.

Vesting of Option if Business Relationship Continues. If the Participant has continued to serve the Company in the capacity of an employee, officer, director, director or consultant or advisor (such service is described herein as maintaining or being involved in a “"Business Relationship” " with the Company) on the following dates, subject to Section 3, the Participant may exercise this option for the number of shares of Common Stock set opposite the applicable date: One year but less than two years from the Grant Date – 25% of the Shares - [ ] shares Two years but less than three years from the Grant Date – - an additional 25% of the Shares [ ] shares Three years but less than four years from the Grant Date – - an additional 25% of the Shares [ ] shares Four years from the Grant Date – - an additional 25% of the Shares [ ] shares The foregoing rights are cumulative and, while the Participant continues to maintain a Business Relationship with the Company may be exercised on or before the Final Exercise Date. All of the foregoing rights are subject to Section 3, as appropriate, if the Participant ceases to maintain a Business Relationship with the Company or retires, dies, becomes disabled or undergoes dissolution while involved in a Business Relationship with the Company.

Vesting of Option if Business Relationship Continues. If the Participant has continued to serve the Company in the capacity of an employee, officer, director, consultant or advisor (such service is described herein as maintaining or being involved in a “Business Relationship” with the Company) on the following dates, subject to Section 3, the Participant may exercise this option for the number of shares of Common Stock set opposite the applicable date: One year but less than two years from the Grant Date – 25% of the Shares shares Two years but less than three years from the Grant Date – an additional 25% of the Shares shares Three years but less than four years from the Grant Date – an additional 25% of the Shares shares Four years from the Grant Date – an additional 25% of the Shares shares The foregoing rights are cumulative and, while the Participant continues to maintain a Business Relationship with the Company may be exercised on or before the Final Exercise Date. All of the foregoing rights are subject to Section 3, as appropriate, if the Participant ceases to maintain a Business Relationship with the Company or retires, dies, becomes disabled or undergoes dissolution while involved in a Business Relationship with the Company.

Vesting of Option if Business Relationship Continues. If the Participant has continued to serve the Company in the capacity of an employee, officer, director, consultant or advisor (such service is described herein as maintaining or being involved in a “Business Relationship” with the Company) on the following dates, subject to Section 3, the Participant may exercise this option for the number of shares of Common Stock set opposite the applicable date: One year but less than two years from the Grant Date – 25% of the Shares - «Vest1» shares Two years but less than three years from the Grant Date – - an additional 25% of the Shares «Vest2» shares Three years but less than four years from the Grant Date – - an additional 25% of the Shares «Vest3» shares Four years from the Grant Date – - an additional 25% of the Shares «Vest4» shares The foregoing rights are cumulative and, while the Participant continues to maintain a Business Relationship with the Company may be exercised on or before the Final Exercise Date. All of the foregoing rights are subject to Section 3, as appropriate, if the Participant ceases to maintain a Business Relationship with the Company or retires, dies, becomes disabled or undergoes dissolution while involved in a Business Relationship with the Company.