Common use of Exercise Dates Clause in Contracts

Exercise Dates. Except as otherwise provided herein, the Optionee shall be entitled to exercise the Option with respect to the number of Shares indicated below on or after the date indicated opposite such number below: INITIAL AND ADDITIONAL TOTAL SHARES WITH NUMBER OF SHARES WITH RESPECT TO WHICH DATE BEGINNING RESPECT TO WHICH THE THE OPTION MAY ON WHICH OPTION OPTION MAY BE EXERCISED BE EXERCISED MAY BE EXERCISED ----------------------- ----------------- ---------------- 2,500 2,500 1999 Exercise Date 2,500 5,000 January 1, 2000 Except as provided in Sections 6 and 7 hereof, the Option may not be exercised at any time unless the Optionee shall be an Employee at such time.

Exercise Dates. Except as otherwise provided herein, the Optionee shall be entitled to exercise the Option with respect to the number of Shares indicated below on or after the date indicated opposite such number below: INITIAL AND ADDITIONAL TOTAL SHARES WITH NUMBER OF SHARES WITH RESPECT TO WHICH DATE BEGINNING RESPECT TO WHICH THE THE OPTION MAY ON WHICH OPTION OPTION MAY BE EXERCISED BE EXERCISED MAY BE EXERCISED ----------------------- ----------------- ------------------ ---------------- 2,500 2,500 6,250 6,250 1999 Exercise Date 2,500 5,000 6,250 12,500 January 1, 2000 Except as provided in Sections 6 and 7 hereof, the Option may not be exercised at any time unless the Optionee shall be an Employee at such time.

Exercise Dates. Except as otherwise provided herein, the Optionee shall be entitled to exercise the Option with respect to the number of Shares indicated below on or after the date indicated opposite such number below: INITIAL AND ADDITIONAL TOTAL SHARES WITH NUMBER OF SHARES WITH RESPECT TO WHICH DATE BEGINNING RESPECT TO WHICH THE THE OPTION MAY ON WHICH OPTION OPTION MAY BE EXERCISED BE EXERCISED MAY BE EXERCISED ----------------------- ----------------- ---------------- 2,500 2,500 6,250 6,250 1999 Exercise Date 2,500 5,000 6,250 12,500 January 1, 2000 Except as provided in Sections 6 and 7 hereof, the Option may not be exercised at any time unless the Optionee shall be an Employee at such time.