Common use of Vesting Provisions Clause in Contracts

Vesting Provisions. Except as provided in Section 5 below, you will not be entitled to exercise the Option (and purchase any Option Shares) prior to February 9, 1999. Commencing on February 9, 1999, and on each of the three succeeding anniversaries of that date on which you shall continue to serve as a director of the Company or any subsidiary or parent thereof, you shall become entitled to exercise the Option with respect to 25% of the Option Shares (as the same may be adjusted from time to time pursuant to Section 12 below, and rounded to the nearest whole share) until the Option expires and terminates pursuant to Section 2 hereof.

Vesting Provisions. Except as provided in Section 5 below, you will not be entitled to exercise the Option (and purchase any Option Shares) prior to February 9April 30, 1999. Commencing on February 9April 30, 1999, and on each of the three succeeding anniversaries anniversa xxxx of that date on which you shall continue to serve as a director of the Company or any subsidiary or parent thereof, you shall become entitled to exercise the Option with respect to 25% of the Option Shares (as the same may be adjusted from time to time pursuant to Section 12 below, and rounded to the nearest whole share) until the Option expires and terminates pursuant to Section 2 hereof.

Vesting Provisions. Except as provided in Section 5 belowhereof, you will not be entitled to exercise all of the Option Options (and purchase any Option Shares) prior to February 921, 19992003. Commencing on February 921, 1999, 2000 and on each of the three succeeding anniversaries of that date on which you shall continue to serve as a director of be employed by the Company or any subsidiary or parent thereof, you shall become entitled to exercise the Option with respect to 25% 10,000 of the Option Shares (as the same may be adjusted from time to time pursuant to Section 12 below, and rounded to the nearest whole share) until the Option expires and terminates pursuant to Section 2 hereof.

Vesting Provisions. Except as provided in Section 5 belowhereof, you will not be entitled to exercise all of the Option Options (and purchase any Option Shares) prior to February 921, 19992003. Commencing on February 921, 1999, 2000 and on each of the three succeeding anniversaries of that date on which you shall continue to serve as a director of be employed by the Company or any subsidiary or parent thereof, you shall become entitled to exercise the Option with respect to 25% 2,500 of the Option Shares (as the same may be adjusted from time to time pursuant to Section 12 below, and rounded to the nearest whole share) until the Option expires and terminates pursuant to Section 2 hereof.