Options to Purchase Common Stock. (a) On May 15, 2007 the Employee was granted a stock option (“Option”) to purchase 130,200 shares of the Company’s Common Stock (as adjusted for any stock dividends, combinations or splits with respect to such shares, the “Shares”) pursuant to the Company 2007 Equity Incentive Plan (the “Plan) at an exercise price of $15.00 per share (the “Exercise Price”). (b) The vesting of the option and the other terms and conditions governing the Option are set forth in the notice of grant of the Option. (c) For all purposes of this Agreement, “Change in Control” shall mean any of the following transactions:
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Options to Purchase Common Stock. (a) On May 15, 2007 the Employee was granted a stock option (“Option”) to purchase 130,200 shares of the Company’s Common Stock (as adjusted for any stock dividends, combinations or splits with respect to such shares, the “Shares”) pursuant to the Company 2007 Equity Incentive Plan (the “Plan”) at an exercise price of $15.00 per share (the “Exercise Price”).
(b) The vesting of the option and the other terms and conditions governing the Option are set forth in the notice of grant of the Option.
(c) For all purposes of this Agreement, “Change in Control” shall mean any of the following transactions:
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