Common use of Exercisability of the Option Clause in Contracts

Exercisability of the Option. The Vesting Commencement Date is defined on the signature page hereof. The Option may be exercised only (i) by written notice, substantially in the form attached hereto as Annex A (or a successor form provided by the Committee) delivered in person or by mail in accordance with Section 4(b) hereof, or (ii) through such other method as specified by the Committee, and in either case accompanied by payment therefor. The purchase price of the Option Shares shall be paid by the Participant to the Company in a manner permitted under Section 7(e) of the Plan.

Exercisability of the Option. The Vesting Commencement Date is defined on the signature page hereofshall be . The Option may be exercised only (i) by written notice, substantially in the form attached hereto as Annex A (or a successor form provided by the Committee) delivered in person or by mail in accordance with Section 4(b) hereof, or (ii) through such other method as specified by the Committee, hereof and in either case accompanied by payment therefor. The purchase price of the Option Shares shall be paid by the Participant to the Company in a manner permitted under Section 7(e7(d) of the Plan.