Common use of Parent Option Clause in Contracts

Parent Option. Simultaneous with the execution of this Agreement, ------------- Diamond will issue to Parent an option in the form attached as Exhibit 7.10 (the ------------ "Parent Option") exercisable, ------------- -39- upon the consummation of an Acquisition Transaction with a party other than Parent, for such number of shares of Diamond Common Stock as is equal to 19.9% of the issued and outstanding shares of Diamond Common Stock on the date of the execution of this Agreement, at an exercise price per share equal to the product of the Conversion Ratio multiplied by the Parent Average Closing Price.

Parent Option. Simultaneous with the execution of this Agreement, ------------- Diamond will issue to Parent an option in the form attached as Exhibit EXHIBIT 7.10 (the ------------ "Parent Option") exercisable, ------------- -39- upon the consummation of an Acquisition Transaction with a party other than Parent, for such number of shares of Diamond Common Stock as is equal to 19.9% of the issued and outstanding shares of Diamond Common Stock on the date of the execution of this Agreement, at an exercise price per share equal to the product of the Conversion Ratio multiplied by the Parent Average Closing Price.