Common use of Vesting of the Time Option Clause in Contracts

Vesting of the Time Option. Subject to the Participant’s continued Employment through the applicable vesting date, the Time Option shall vest and become exercisable with respect to twenty percent (20%) of the Shares subject to such Time Option on each of the first five anniversaries of the Date of Grant. Notwithstanding the foregoing, in the event of a Change in Control, the Time Option shall, to the extent not then vested or previously forfeited or cancelled, become fully vested and exercisable.

Vesting of the Time Option. Subject to the Participant’s continued Employment through the applicable vesting dateEmployment, the Time Option shall vest and become exercisable with respect to twenty percent (20%) of the Shares subject to such Time Option on each of the first five anniversaries of the Date of Grant. Notwithstanding the foregoing, in the event of a Change in Control, the Time Option shall, to the extent not then vested or previously forfeited or cancelled, become fully vested and exercisable.

Vesting of the Time Option. Subject to the Participant’s continued Employment through the applicable vesting dateEmployment, the Time Option shall vest and become exercisable with respect to twenty percent (20%) of the Shares subject to such Time Option on each of the first five anniversaries of the Date of GrantApril 2, 2007. Notwithstanding the foregoing, in the event of a Change in Control, the Time Option shall, to the extent not then vested or previously forfeited or cancelled, become fully vested and exercisable.

Vesting of the Time Option. Subject to the Participant’s 's continued Employment through with the applicable vesting dateCompany and its Affiliates, the Time Option shall vest and become exercisable with respect to twenty percent (20%) of the Shares subject to such Time Option on each of the first five anniversaries anniversary of the Date of Grant. Notwithstanding Grant and shall vest and become exercisable with respect to an additional twenty percent (20%) of the foregoing, in the event of a Change in Control, Shares subject to the Time Option shallon each subsequent anniversary of the Date of Grant (each such anniversary, a "TIME OPTION VESTING DATE"), until such Shares subject to the extent not then vested or previously forfeited or cancelled, become fully Time Option are 100% vested and exercisable.