Common use of EXERCISE OF OPTIONS TO PURCHASE COMMON STOCK Clause in Contracts

EXERCISE OF OPTIONS TO PURCHASE COMMON STOCK. As of July 12, 2000, Executive holds options to purchase 58,598 shares of common stock of Employer. Executive was issued options to purchase 58,598 shares of common stock of Employer pursuant to Employer's 2000 Stock Option Plan ("2000 STOCK OPTION PLAN"), and will receive additional options to purchase shares of common stock (Executive's options to purchase 58,598 shares of common stock of Employer as well as the additional options to be issued to Executive are collectively referred to hereinafter as the "▇▇▇▇▇▇ OPTIONS") under the 2000 Stock Option Plan as determined by Employer's Compensation Committee. Notwithstanding the terms of the 2000 Stock Option Plan, the ▇▇▇▇▇▇ Options are subject to the following terms and conditions:

EXERCISE OF OPTIONS TO PURCHASE COMMON STOCK. As of July 12June 6, 2000, Executive holds options to purchase 58,598 344,025 shares of common stock of Employer. Executive was issued options to purchase 58,598 336,675 shares of common stock of Employer pursuant to Employer's 2000 Stock Option Plan ("2000 STOCK OPTION PLAN"), and will receive additional options to purchase shares of common stock (Executive's options to purchase 58,598 336,675 shares of common stock of Employer as well as the additional options to be issued to Executive are collectively referred to hereinafter as the "▇▇▇▇▇▇ SUNYICH OPTIONS") under the 2000 Stock Option Plan as determined by Employer's Compensation Committee. Notwithstanding the terms of the 2000 Stock Option Plan, the ▇▇▇▇▇▇ Sunyich Options are subject to the following terms and conditions:

EXERCISE OF OPTIONS TO PURCHASE COMMON STOCK. As of July 12, 2000, Executive holds options to purchase 58,598 53,598 shares of common stock of Employer. Executive was issued options to purchase 58,598 53,598 shares of common stock of Employer pursuant to Employer's 2000 Stock Option Plan ("2000 STOCK OPTION PLAN"), and will receive additional options to purchase shares of common stock (Executive's options to purchase 58,598 53,598 shares of common stock of Employer as well as the additional options to be issued to Executive are collectively referred to hereinafter as the "▇▇▇▇▇▇ OPTIONS") under the 2000 Stock Option Plan as determined by Employer's Compensation Committee. Notwithstanding the terms of the 2000 Stock Option Plan, the ▇▇▇▇▇▇ Options are subject to the following terms and conditions:

EXERCISE OF OPTIONS TO PURCHASE COMMON STOCK. As of July 12, 2000, Executive holds options to purchase 58,598 124,947 shares of common stock of Employer. Of this amount, Executive was issued options to purchase 58,598 122,274 shares of common stock of Employer pursuant to Employer's 2000 Stock Option Plan ("2000 STOCK OPTION PLANPlan"), and will receive additional options to purchase shares of common stock (Executive's options to purchase 58,598 122,274 shares of common stock of Employer under the 2000 Stock Option Plan as well as the additional options to be issued to Executive are collectively referred to hereinafter as the "▇▇▇▇▇▇ OPTIONS") under the 2000 Stock Option Plan as determined by Employer's Compensation Committee. Notwithstanding the terms of the 2000 Stock Option Plan, the ▇▇▇▇▇▇ Options are subject to the following terms and conditions:

EXERCISE OF OPTIONS TO PURCHASE COMMON STOCK. As of July 12, 2000, Executive holds options to purchase 58,598 161,911 shares of common stock of Employer. Executive was issued options to purchase 58,598 157,427 shares of common stock of Employer pursuant to Employer's 2000 Stock Option Plan ("2000 STOCK OPTION PLAN"), and will receive additional options to purchase shares of common stock (Executive's options to purchase 58,598 157,427 shares of common stock of Employer as well as the additional options to be issued to Executive are collectively referred to hereinafter as the "▇▇▇▇▇▇ OPTIONS") under the 2000 Stock Option Plan as determined by Employer's Compensation Committee. Notwithstanding the terms of the 2000 Stock Option Plan, the ▇▇▇▇▇▇ Options are subject to the following terms and conditions:

EXERCISE OF OPTIONS TO PURCHASE COMMON STOCK. As of July 12, 2000, Executive holds options to purchase 58,598 371,199 shares of common stock of Employer. Executive was issued options to purchase 58,598 362,457 shares of common stock of Employer pursuant to Employer's 2000 Stock Option Plan ("2000 STOCK OPTION PLANPlan"), and will receive additional options to purchase shares of common stock (Executive's options to purchase 58,598 362,457 shares of common stock of Employer as well as the additional options to be issued to Executive are collectively referred to hereinafter as the "▇▇▇▇▇▇ SUNYICH OPTIONS") under the 2000 Stock Option Plan as determined by Employer's Compensation Committee. Notwithstanding the terms of the 2000 Stock Option Plan, the ▇▇▇▇▇▇ Sunyich Options are subject to the following terms and conditions: