Common use of Vesting; Time of Exercise Clause in Contracts

Vesting; Time of Exercise. Except as specifically provided in this Agreement and subject to certain restrictions and conditions set forth in the Plan, the Optioned Shares shall be vested and the Stock Option shall be exercisable as follows: a. of the total Optioned Shares shall vest and that portion of the Stock Option shall be exercisable on the first anniversary of the Date of Grant, provided the Participant is employed by the Company or a Subsidiary on that date. b. of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on the second anniversary of the Date of Grant, provided the Participant is employed by the Company or a Subsidiary on that date. c. of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on third anniversary of the Date of Grant, provided the Participant is employed by the Company or a Subsidiary on that date. In the event that a Change in Control occurs, then immediately prior to the effective date of such Change in Control, the total Optioned Shares not previously vested shall thereupon immediately become vested and this Stock Option shall become fully exercisable. In the event of the Participant’s death, then immediately upon his or her death, the total Optioned Shares not previously vested shall thereupon immediately become vested and this Stock Option shall become fully exercisable.

Vesting; Time of Exercise. Except as specifically provided in this Agreement and subject to certain restrictions and conditions set forth in the Plan, the Optioned Shares shall be vested and the Stock Option shall be exercisable as follows: a. of the total Optioned Shares shall vest and that portion of the Stock Option shall be exercisable on the first anniversary of the Date of Grant, provided the Participant is employed by the Company or a Subsidiary on that date. b. of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on the second anniversary of the Date of Grant, provided the Participant is employed by (or, if the Participant is an Outside Director, is providing services to) the Company or a Subsidiary on that date. c. of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on third anniversary of the Date of Grant, provided the Participant is employed by (or, if the Participant is an Outside Director, is providing services to) the Company or a Subsidiary on that date. . d. In the event that (i) a Change in Control occurs, (ii) this Option Agreement is not assumed by the surviving corporation or its parent, and (iii) the surviving corporation or its parent does not substitute its own option for this Stock Option, then immediately prior to upon the effective date of such Change in Control, Control the total Optioned Shares not previously vested shall thereupon immediately become fully vested and this Stock Option shall become fully exercisable. In the event of the Participant’s death, then immediately upon his or her death, the total Optioned Shares if not previously vested shall thereupon immediately become vested and this Stock Option shall become fully so exercisable.

Vesting; Time of Exercise. Except as specifically provided in this Agreement and subject to certain restrictions and conditions set forth in the Plan, the Optioned Shares shall be vested and the Stock Option shall be exercisable as follows: a. of the total Optioned Shares shall vest and that portion of the Stock Option shall be exercisable on the first anniversary of the Date of Grant, provided the Participant is employed by the Company or a Subsidiary on that date. b. of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on the second anniversary of the Date of Grant__________________, provided the Participant is employed by (or, if the Participant is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date. c. of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on third anniversary of the Date of Grant__________________, provided the Participant is employed by (or, if the Participant is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date. d. of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on __________________, provided the Participant is employed by (or, if the Participant is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date. [In the event that a Change in Control occurs, then immediately prior to the effective date of such Change in Control, the total Optioned Shares not previously vested shall thereupon immediately become vested and this Stock Option shall become fully exercisable. In the event of the Participant’s death, then immediately upon his or her death, the total Optioned Shares if not previously vested shall thereupon immediately become vested and this Stock Option shall become fully so exercisable.]

Vesting; Time of Exercise. Except as specifically provided in this Agreement and subject to certain restrictions and conditions set forth in the Plan, the Optioned Shares shall be vested and the Stock Option shall be exercisable as follows: a. of the total Optioned Shares shall vest and that portion of the Stock Option shall be exercisable on the first anniversary of the Date of Grant, provided the Participant is employed by the Company or a Subsidiary on that date. b. of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on the second anniversary of the Date of Grant_________________, provided the Participant is employed by (or, if the Participant is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date. c. of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on third anniversary of the Date of Grant_________________, provided the Participant is employed by (or, if the Participant is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date. d. of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on _________________, provided the Participant is employed by (or, if the Participant is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date. In the event that a Change in Control occurs, then immediately prior to the effective date of such Change in Control, the total Optioned Shares not previously vested shall thereupon immediately become vested and this Stock Option shall become fully exercisable. In the event of the Participant’s death, then immediately upon his or her death, the total Optioned Shares if not previously vested shall thereupon immediately become vested and this Stock Option shall become fully so exercisable.

Vesting; Time of Exercise. Except as specifically provided in this Agreement and subject to certain restrictions and conditions set forth in the Plan, the Optioned Shares shall be vested and the Stock Option shall be exercisable as follows: a. One forty-eighth (1/48) of the total Optioned Shares shall vest and that portion of the Stock Option shall be exercisable on the first one-month anniversary of the Date of Grant, provided the Participant is employed by (or, if the Participant is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date. b. An additional one forty-eighth (1/48) of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on the second each monthly anniversary of the Date of GrantGrant thereafter, provided the Participant is employed by the Company or a Subsidiary on that date. c. of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on third anniversary of the Date of Grant(or, provided if the Participant is employed by a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date. In the event that (i) a Change in Control occurs, and (ii) this Agreement is not assumed by the surviving corporation or its parent, or the surviving corporation or its parent does not substitute its own option for this Stock Option, then immediately prior to the effective date of such Change in Control, the total Optioned Shares not previously vested shall thereupon immediately become vested and this Stock Option shall become fully exercisable. In the event of the Participant’s death, then immediately upon his or her death, the total Optioned Shares if not previously vested shall thereupon immediately become vested and this Stock Option shall become fully so exercisable.

Vesting; Time of Exercise. Except as specifically provided in this Agreement and subject to certain restrictions and conditions set forth in the Plan, the Optioned Shares shall be vested and the Stock Option shall be exercisable as follows: a. of the total Optioned Shares shall vest and that portion of the Stock Option shall be exercisable on the first anniversary of the Date of Grant, provided the Participant is employed by the Company or a Subsidiary on that date. b. of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on the second anniversary of the Date of Grant___________________, provided the Participant is employed by the Company or a Subsidiary on that date. c. of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on third anniversary ___________________, provided the Participant is employed by the Company or a Subsidiary on that date. d. of the Date total Optioned Shares shall vest and that portion of Grantthe Stock Option shall become exercisable on ___________________, provided the Participant is employed by the Company or a Subsidiary on that date. [In the event that (i) a Change in Control occurs, and (ii) this Option Agreement is not assumed by the surviving corporation or its parent, or the surviving corporation or its parent does not substitute its own option for this Stock Option, then immediately prior to the effective date of such Change in Control, the total Optioned Shares not previously vested shall thereupon immediately become vested and this Stock Option shall become fully exercisable. In the event of the Participant’s death, then immediately upon his or her death, the total Optioned Shares if not previously vested shall thereupon immediately become vested and this Stock Option shall become fully so exercisable.]

Vesting; Time of Exercise. Except as specifically provided in this Agreement and subject to certain restrictions and conditions set forth in the Plan, the Optioned Shares shall be vested and the Stock Option shall be exercisable as follows: a. One-half (1/2) of the total Optioned Shares shall vest and that portion of the Stock Option shall be exercisable on the first second anniversary of the Date of Grant▇▇▇▇▇, provided the Participant is employed by (or, if the Participant is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date. b. One-half (1/2) of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on the second fourth anniversary of the Date of Grant, provided the Participant is employed by the Company or a Subsidiary on that date. c. of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on third anniversary of the Date of Grant(or, provided if the Participant is employed by a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date. In Notwithstanding the event that foregoing, if within twelve (12) months following a Change in Control occursControl, the Participant incurs a Termination of Service by the Company without Just Cause or by the Participant for Good Reason, then effective immediately prior to the effective date such Termination of such Change in ControlService, the total Optioned Shares not previously vested shall thereupon immediately become vested and this Stock Option shall become fully exercisable. In the event of the Participant’s death, then immediately upon his or her death, the total Optioned Shares if not previously vested shall thereupon immediately become vested and this Stock Option shall become fully so exercisable.