Common use of Vesting of Option if Employment Continues Clause in Contracts

Vesting of Option if Employment Continues. If the Employee has continued to be employed by the Company or any subsidiary through the following dates, the Employee may exercise this option for the number of shares of Common Stock set opposite the applicable vesting date: The date that is: One year but less than shares two years from the date hereof Two years but less than an additional three years from the date hereof shares Three years but less than an additional four years from the date hereof shares Four years but less than an additional five years from the date hereof shares Five years or more an additional from the date hereof shares Notwithstanding the foregoing, in accordance with and subject to the provisions of the Plan, the Committee may, in its discretion, accelerate the date that any installment of this option becomes exercisable. The foregoing rights are cumulative and (subject to Sections 4 or 5 hereof if the Employee ceases to be employed by the Company and all subsidiaries) may be exercised on or before the date which is ten years from the date this option is granted.

Vesting of Option if Employment Continues. If the Employee has continued to be employed by the Company or any subsidiary through Related Corporation on the following dates, the Employee may exercise this option for the number of shares of Common Stock set opposite the applicable vesting date: The date Vesting Period Percentage of Shares that is: One year but less than shares two years from become Vested Shares Prior to the first anniversary of the date hereof Two years but less than of this Agreement 0% On the first anniversary of the date of this Agreement 25% On the [insert date] day of each successive month thereafter an additional three years from 2.083% On or after the fourth anniversary of the date hereof shares Three years but less than an additional four years from the date hereof shares Four years but less than an additional five years from the date hereof shares Five years or more an additional from the date hereof shares of this Agreement 100% Notwithstanding the foregoing, in accordance with and subject to the provisions of the Plan, the Committee may, in its discretion, accelerate the date that any installment of this option Option becomes exercisable. The foregoing rights are cumulative and (subject to Sections 4 or 5 hereof if the Employee ceases to be employed by the Company and all subsidiariesRelated Corporations) may be exercised on or before the date which is ten (10) years from the date this option is granted.

Vesting of Option if Employment Continues. If the Employee has continued to be employed by the Company or any subsidiary through Related Corporation on the following dates, the Employee may exercise this option for the number of shares of Common Stock set opposite the applicable vesting date: The date Prior to [Date] -0- shares On [Date] and at the end of each three-month period thereafter - An additional [ ] shares (or such smaller number of shares at the end of the last three month period so that is: One year but less than shares two years from the date hereof Two years but less than an additional three years from the date hereof shares Three years but less than an additional four years from the date hereof shares Four years but less than an additional five years from the date hereof shares Five years or more an additional from the date hereof shares total does not exceed [# of shares] shares. Notwithstanding the foregoing, in accordance with and subject to the provisions of the Plan, the Committee may, in its discretion, accelerate the date that any installment of this option Option becomes exercisable. The foregoing rights are cumulative and (subject to Sections 4 or 5 hereof if the Employee ceases to be employed by the Company and all subsidiariesRelated Corporations) may be exercised on or before the date which is ten seven years from the date this option is granted.

Vesting of Option if Employment Continues. If the Employee has continued to be employed by the Company or any subsidiary through Related Corporation on the following dates, the Employee may exercise this option for the number of shares of Common Stock set opposite the applicable vesting date: The date Prior to _________ __, ____ -0- shares On _________ __, ____ and at the end of each three-month period thereafter - An additional [___] shares (or such number of shares at the end of the last three month period so that is: One year but less than shares two years from the date hereof Two years but less than an additional three years from the date hereof shares Three years but less than an additional four years from the date hereof shares Four years but less than an additional five years from the date hereof shares Five years or more an additional from the date hereof shares total does not exceed [____] shares). Notwithstanding the foregoing, in accordance with and subject to the provisions of the Plan, the Committee may, in its discretion, accelerate the date that any installment of this option Option becomes exercisable. The foregoing rights are cumulative and (subject to Sections 4 or 5 hereof if the Employee ceases to be employed by the Company and all subsidiariesRelated Corporations) may be exercised on or before the date which is ten seven years from the date this option is granted.