Common use of Non Qualified Stock Option Grant Clause in Contracts

Non Qualified Stock Option Grant. The Company hereby grants to Optionee the options to purchase up to the number of shares of Common Stock shown as the Quantity in the Grant Details. The Option exercise price is the amount per share shown as the Exercise Price in the Grant Details. The Option is subject to the terms set forth in this Option and the terms of the Stock Option Plan described in the Grant Details (the “Plan”). The Option is intended to be a nonqualified stock option, and it is not to be characterized or treated as an incentive stock option, under applicable tax laws. Optionee: Grant Date: Expiration Date: Quantity: Exercise Price: Stock Option Plan: 2006 Directors’ Stock Option Plan Vesting Schedule: This Option automatically expires at 12:00 midnight on Expiration Date described in the Grant Details. This Option may be terminated earlier by other provisions of the Plan or this Option.

Non Qualified Stock Option Grant. The Company hereby grants to Optionee the options option to purchase up to the number of shares of Common Stock shown as the Quantity in the Grant Details. The Option exercise price is the amount per share shown as the Exercise Price in the Grant Details. The This Option is subject to the terms set forth in this Option and the terms of the Stock Option Plan described in the Grant Details (the “Plan”). The This Option is intended to be a nonqualified stock option, and it is not to be characterized or treated as an incentive stock option, under applicable tax laws. Optionee: Grant Date: Expiration Date: Quantity: Exercise Price: Stock Option Plan: 2006 Directors’ Stock Option Plan Vesting Schedule: This Option automatically expires at 12:00 midnight on Expiration Date described in the Grant Details. This Option may be terminated earlier by other provisions of the Plan or this Option.