Common use of Timing Considerations Clause in Contracts

Timing Considerations. Notwithstanding any contrary provision of this Agreement, if the Expiration Date of this Option falls on a Saturday, Sunday or holiday, the Participant may exercise any vested but unexercised portion of this Option at any time prior to the close of business on the first business day following that Saturday, Sunday or holiday. In addition, if the Option is to be exercised through a stock broker-assisted transaction, it must be exercised while the applicable stock market is open for trading and before the Option otherwise expires. If the Participant receives a hardship withdrawal from his or her account (if any) under the Company’s Tax Reduction Investment Plan (the “401(k) Plan”) for U.S. employees, this Option may not be exercised during the six (6) month period following the hardship withdrawal (unless the Company determines that exercise would not jeopardize the tax-qualification of the 401(k) Plan).