Common use of Exercise of Option and Provisions for Termination Clause in Contracts

Exercise of Option and Provisions for Termination. (a) VESTING SCHEDULE. Except as otherwise provided in this Agreement, this option may be exercised prior to the tenth anniversary of the Grant Date set forth on the Grant Summary (hereinafter the "Expiration Date") to purchase, from and after each date set forth under the column entitled "Full Vest Date" on the attached Grant Summary Table, the number of shares of Common Stock set forth opposite such date. The right of exercise shall be cumulative so that if the option is not exercised to the maximum extent permissible during any exercise period, it shall be exercisable, in whole or in part, with respect to all shares not so purchased at any time prior to the Expiration Date or the earlier termination of this option. This option may not be exercised at any time on or after the Expiration Date, except as otherwise provided in Section 3(e) below.

Exercise of Option and Provisions for Termination. (a) VESTING SCHEDULE. Except as otherwise provided in this Agreement, this option may be exercised prior to the tenth anniversary of the Grant Date set forth on the Grant Summary date of grant (hereinafter the "Expiration Date") to purchase, from and after each date set forth under the column entitled "Full Vest Date" on the attached Grant Summary Table, the number of shares of Common Stock set forth opposite such date. The right of exercise shall be cumulative so that if the option is not exercised to the maximum extent permissible during any exercise period, it shall be exercisable, in whole or in part, with respect to all shares not so purchased at any time prior to the Expiration Date or the earlier termination of this option. This option may not be exercised at any time on or after the Expiration Date, except as otherwise provided in Section 3(e) below.