Common use of Vesting of Restricted Shares Clause in Contracts

Vesting of Restricted Shares. The vesting schedule for the Shares governed by this Option is as follows. Except as otherwise provided in the Plan and this Section 1.2, and subject to Section 1.4, the Option will vest as to one-fourth of the Shares on the first anniversary of the date of this Award Agreement, and an additional one-fourth of the Shares will vest as of each of the three (3) subsequent anniversaries of such date, provided that the Participant is still in the employ of the Company on each vesting date. Notwithstanding the foregoing, the Option will become fully vested upon the Participant’s death or Disability while in the employ of the Company. Shares vest according to this schedule, whether or not the Option has been exercised.

Vesting of Restricted Shares. The vesting schedule for the Shares governed by this Option is as follows. Except as otherwise provided in the Plan and this Section 1.2, and subject to Section 1.4, the Option will vest as to one-fourth of the Shares on the first anniversary of the date of this Award Agreement, and an additional one-fourth of the Shares will vest as of each of the three (3) subsequent anniversaries of such date, provided that the Participant is still in the employ of the Company on each vesting date. Notwithstanding the foregoing, the Option will become fully vested upon the first to occur of the following: (a) the Participant’s death or Disability while in the employ of the CompanyCompany or (b) the termination of the Participant’s employment with the Company (other than a Termination for Cause) within twelve months after the occurrence of a Change in Control. Shares vest according to this schedule, whether or not the Option has been exercised.

Vesting of Restricted Shares. The vesting schedule for the Shares governed by this Option is as follows. Except as otherwise provided in the Plan and this Section 1.2, and subject to Section 1.4, the Option will vest as to one-fourth of the 9,375 Shares on the first anniversary of the date of this Award AgreementNovember 22, 2001, and an additional one-fourth of the 9,375 Shares will vest as of each of the three (3) subsequent anniversaries of such date, provided that the Participant is still in the employ of the Company on each vesting date. Notwithstanding the foregoing, the Option will become fully vested upon the Participant’s death or Disability while in the employ of the Company. Shares vest according to this schedule, whether or not the Option has been exercised.

Vesting of Restricted Shares. The vesting schedule for the Shares governed by this Option is as follows. Except as otherwise provided in the Plan and this Section 1.2, and subject to Section 1.4, the Option will vest as to one-fourth of the 1,250 Shares on the first anniversary of the date of this Award AgreementNovember 22, 2001, and an additional one-fourth of the 1,250 Shares will vest as of each of the three (3) subsequent anniversaries of such date, provided that the Participant is still in the employ of the Company on each vesting date. Notwithstanding the foregoing, the Option will become fully vested upon the Participant’s death or Disability while in the employ of the Company. Shares vest according to this schedule, whether or not the Option has been exercised.