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 shall vest and become exercisable in installments (each, an "installment") as to not more than the number of shares set forth in the table below during the respective exercise periods set forth in the table below. No installment shall be exercisable after the fourth anniversary of the vesting date of such installment (each, an "Installment Expiration Date"), except as otherwise provided in Section 3(e) below. If, after the respective Installment Expiration Date, an installment shall for any reason not have been exercised in full (except as otherwise provided in Section 3(e) below), the option shall be deemed to have expired with respect to the unpurchased shares in such installment. Number of Shares as to which Installment Exercise Period Option is Exercisable --------------------------- --------------------- The right of exercise of this option shall be cumulative so that if any installment is not exercised to the maximum extent permissible during the respective installment 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 respective Installment Expiration Date or the earlier termination of this option.

Exercise of Option and Provisions for Termination. (a) VESTING SCHEDULE. Except as otherwise provided in this Agreement, this option shall vest and become exercisable in installments (each, an "installment") as to not more than the number of shares set forth in the table below during the respective exercise periods set forth in the table below. No installment shall be exercisable after the fourth anniversary of the vesting date of such installment (each, an "Installment Expiration Date"), except as otherwise provided in Section 3(e) below. If, after the respective Installment Expiration Date, an installment shall for any reason not have been exercised in full (except as otherwise provided in Section 3(e) below), the option shall be deemed to have expired with respect to the unpurchased shares in such installment. Number of Shares as to which Installment Exercise Period Which Option is Exercisable --------------------------- --------------------- --------------------------- The right of to exercise of this option shall be cumulative so that if any installment is not exercised to the maximum extent permissible during the respective installment 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 respective Installment Expiration Date or the earlier termination of this option.