Common use of Vesting of Option Rights Clause in Contracts

Vesting of Option Rights. (a) Except as otherwise provided in this Agreement, the Option may be exercised by Employee in accordance with the following schedule: On or after each of the following dates Number of non-cumulative Shares with respect to which the Option is exercisable February 6, 2013 45,000 February 6, 2014 45,000 February 6, 2015 45,000

Vesting of Option Rights. (a) Except as otherwise provided in this Agreement, the Option may be exercised at any time by Employee the Optionholder in accordance with the following schedule: On or after each of the following dates Number of non-cumulative Shares with respect to which the Option is exercisable February 6May 23, 2013 45,000 February 62018 75,000 May 23, 2014 45,000 February 6, 2015 45,0002019 75,000

Vesting of Option Rights. (a) Except as otherwise provided in this Agreement, the Option may be exercised by Employee in accordance with the following schedule: On or after each of the following dates Number of non-cumulative Shares with respect to which the Option is exercisable February 6, 2013 45,000 February 6, 2014 45,000 February 6, 2015 45,00010/13/2015 25,000 10/13/2016 25,000 10/13/2017 25,000 10/13/2018 25,000

Vesting of Option Rights. (a) Except as otherwise provided in Sections 3 or 4 of this Agreement, the Option may be exercised by Employee in accordance with the following schedule: Number of shares --------------------------- with respect to which On or after each of --------------------------- the following dates Number of non-cumulative Shares with respect to which dates: the Option is exercisable February 6exercisable: ------------------------ --------------------------- December 3, 2013 45,000 February 6, 2014 45,000 February 6, 2015 45,0002003 200,000

Vesting of Option Rights. (a) Except as otherwise provided in this Agreement, the Option may be exercised by Employee in accordance with the following schedule: On or after each of the following dates dates: Number of non-cumulative Shares with respect to which the Option is exercisable February 6, 2013 45,000 February 6exercisable: November 4, 2014 45,000 February 621,667 November 4, 2015 45,00021,667 November 4, 2016 21,666

Vesting of Option Rights. (a) Except as otherwise provided in this Agreement, the Option may be exercised by Employee in accordance with the following schedule: On or after each of the following dates dates: Number of non-cumulative Shares with respect to which the Option is exercisable February 6, 2013 45,000 February exercisable: May 6, 2014 45,000 February 16,667 May 6, 2015 45,00016,667 May 6, 2016 16,666

Vesting of Option Rights. (a) Except as otherwise provided in this Agreement, the Option may be exercised by Employee in accordance with the following schedule: On or after each of the following dates Number of non-cumulative Shares with respect to which the Option is exercisable February 6, 2013 45,000 February 6, 2014 45,000 February 611, 2015 45,0003,750 February 11, 2016 3,750 February 11, 2017 3,750 February 11, 2018 3,750