Common use of When Exercisable Clause in Contracts

When Exercisable. 3.1 The aggregate number of shares of Common Stock of the Company optioned by this Agreement (the "Optioned Shares") shall vest in the Grantee as follows: (a) one-quarter of the Option on the first anniversary of the day of the grant, being ; (b) one-quarter of the Option on the second anniversary of the day of the grant, being ; (c) one-quarter of the Option on the third anniversary of the day of the grant, being ; and (d) one-quarter of the Option on the fourth anniversary of the day of the grant, being ; and, except as provided by Sections 3.6 and 6.3 hereof, the Grantee shall only be entitled to exercise this Option, in whole or in part, in the amounts set out above and from and after the dates so specified.

When Exercisable. 3.1 The aggregate number of shares of Common Stock of the Company optioned by this Agreement (the "Optioned Shares") shall vest in the Grantee as follows: (a) one-quarter 25% of the Option on the first anniversary of the day of the grant, being September 26, 1998; (b) one-quarter 25% of the Option on the second anniversary of the day of the grant, being September 26, 1999; (c) one-quarter 25% of the Option on the third anniversary of the day of the grant, being ; andSeptember 26, 2000; (d) one-quarter 25% of the Option on the fourth anniversary of the day of the grant, being September 26, 2001; and and, except as provided by Sections 3.6 and 6.3 hereof, the Grantee shall only be entitled to exercise this Option, in whole or in part, in the amounts set out above and from and after the dates so specified.

When Exercisable. 3.1 The aggregate number of shares of Common Stock of the Company optioned by this Agreement (the "Optioned Shares") shall vest in the Grantee as follows: (a) one-quarter 25% of the Option on the first anniversary of the day of the grant, being October 21, 1998; (b) one-quarter 25% of the Option on the second anniversary of the day of the grant, being October 21, 1999; (c) one-quarter 25% of the Option on the third anniversary of the day of the grant, being ; andOctober 21, 2000; (d) one-quarter 25% of the Option on the fourth anniversary of the day of the grant, being October 21,2001; and and, except as provided by Sections 3.6 and 6.3 hereof, the Grantee shall only be entitled to exercise this Option, in whole or in part, in the amounts set out above and from and after the dates so specified.

When Exercisable. 3.1 The aggregate number of shares of Common Stock of the Company optioned by this Agreement (the "Optioned Shares") shall vest in the Grantee as follows: (a) one-quarter 25% of the Option on the first anniversary of the day of the grant, being October 21, 1998; (b) one-quarter 25% of the Option on the second anniversary of the day of the grant, being October 21, 1999; (c) one-quarter 25% of the Option on the third anniversary of the day of the grant, being ; andOctober 21, 2000; (d) one-quarter 25% of the Option on the fourth anniversary of the day of the grant, being October 21,2001; and and, except as provided by Sections 3.6 and Section 6.3 hereof, the Grantee shall only be entitled to exercise this Option, in whole or in part, in the amounts set out above and from and after the dates so specified.