Common use of Option Pool Clause in Contracts

Option Pool. On the Closing Date, the Buyer agrees to grant options ----------- (the "Employee Options") that qualify (to the extent allowable by law) as ---------------- incentive stock options within the meaning of Section 422 of the Code to purchase an aggregate of 150,000 shares of Buyer Common Stock to the employees of the Company listed on Section 4.9 of the Disclosure Schedule. The Employee Options shall be granted at an exercise price equal to the closing sale price of the Buyer Common Stock on the Nasdaq National Market on the Closing Date. The Employee Options shall be cumulatively exercisable (i) with respect to 25% of the shares underlying each such Employee Option, on the first anniversary of the Closing Date, and (ii) with respect to the remaining 75% of the shares underlying each such Employee Option, in 36 equal monthly installments on the same day of the month as the Closing Date commencing on the 13th month following the Closing Date. By the 30th day following the Closing Date, the Buyer agrees to deliver to the respective employees executed agreements evidencing the Employee Options and containing the Buyer's standard terms and conditions.

Option Pool. On the Closing Date, the Buyer agrees to grant options ----------- (the "Employee Options") that qualify (to the extent allowable by law) as ---------------- incentive stock options within the meaning of Section 422 of the Code to purchase an aggregate of 150,000 shares of Buyer Common Stock to the employees of the Company listed on Section 4.9 of the Disclosure Schedule. The Employee Options shall be granted at an exercise price equal to the closing sale price of the Buyer Common Stock on the Nasdaq National Market on the Closing Date. The Employee Options shall be cumulatively exercisable (i) with respect to 25% of the shares underlying each such Employee Option, on the first anniversary of the Closing Date, and (ii) with respect to the remaining 75% of the shares underlying each such Employee Option, in 36 equal monthly installments on the same day of the month as the Closing Date commencing on the 13th month following the Closing Date. By the 30th day following the Closing Date, the Buyer agrees to deliver to the respective employees executed agreements evidencing the Employee Options and containing the Buyer's standard terms and conditions.