Common use of Initial Option Grant Clause in Contracts

Initial Option Grant. As soon as possible after the Effective Date, the Parent shall grant the Executive an option to purchase 750,000 shares of the Parent’s common stock (the “Stock”), with an exercise price equal to the fair market value of the Stock on the date of grant and vesting in three equal annual installments on December 31, 2006, 2007 and 2008, and, except as otherwise provided herein, having post-termination exercise periods and vesting provisions following termination of employment that are no less favorable than those provided to other senior executives of the Company (the “2005 Options”).

Initial Option Grant. As soon as possible after reasonably practicable following the Effective Date, the Parent Executive shall grant the Executive be granted an option to purchase 750,000 shares of the Parent’s common stock (the “StockOption”), with ) to purchase 200,000 shares of Parent common stock at an exercise price equal to the then-current fair market value of value, subject to the Stock on terms and conditions set forth in Parent’s Equity Incentive Plan and an award agreement substantially in the date of grant and vesting in three equal annual installments on December 31, 2006, 2007 and 2008, and, except form attached hereto as otherwise provided herein, having post-termination exercise periods and vesting provisions following termination of employment that are no less favorable than those provided to other senior executives of the Company (the “2005 Options”).Exhibit B.

Initial Option Grant. As soon as possible after the Effective DateOn December 1, 2008, the Parent shall grant the Executive an option to purchase 750,000 300,000 shares of the Parent’s common stock (the “Stock”), with an exercise price equal to the fair market value of the Stock on the date of grant and vesting in three four equal annual installments on December 31the first, 2006second, 2007 third, and 2008fourth anniversary of the date of grant, and, except as otherwise provided herein, having post-termination exercise periods and vesting provisions following termination of employment that are no less favorable than those provided to other senior executives of the Company (the “2005 Initial Options”).