OF OPTION. This Option may not be transferred in any manner otherwise than by will or the laws of descent or distribution. The terms of this Option shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.
OF OPTION. The right to exercise this Option shall vest in installments, and this Option shall be exercisable from time to time in whole or in part as to any vested installment, as follows:
OF OPTION. This Option may not be transferred in any manner otherwise than by will or the laws of descent or distribution. The terms of this Option shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee. Notwithstanding any other terms of this agreement, to the extent permissible under Rule 16b-3 of the Securities Exchange Act of 1934, as amended, this Option may be transferred to the Optionee's spouse, lineal ascendants, lineal descendants, or to a duly established trust, provided that such transferee shall be permitted to exercise this Option subject to the same terms and conditions applicable to the Optionee.
OF OPTION. This Option may not be transferred in any manner otherwise than by will or the laws of descent or distribution, or pursuant to a "qualified domestic relations order" (within the meaning of Section 414(p) of the Code and the regulations and rulings thereunder). The terms of this Option shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.
OF OPTION. This Option shall become exercisable as follows:
OF OPTION. The Option shall vest and become exercisable as follows: _______________________________.
OF OPTION. The Option hereby granted shall vest only during the Optionee's continuous employment with the Corporation and/or any Parent and/or any Subsidiary, and shall be exercisable only upon and after such vesting and prior to its termination, by Optionee in accordance with the following schedule: 25% of the Option Shares Commencing on the first (1st) anniversary of the grant of the Option Additional 25% of the Commencing on the second (2nd) Option Shares anniversary of the grant of the Option Additional 25% of the Commencing on the third (3rd) Option Shares anniversary of the grant of the Option Additional 25% of the Commencing on the (4th) anniversary Option Shares of the grant of the Option Notwithstanding the foregoing provisions of this Section IV, in the event of a Change in Control (as hereinafter defined) during the Optionee's employment with the Corporation and/or any Parent and/or any Subsidiary, the Option hereby granted shall vest with respect to all of the Option Shares immediately prior to such Change in Control.
OF OPTION. This Option shall become exercisable as follows: NUMBER OF SHARES VESTING DATE ---------------- ------------ 75,000 September 1, 1999 75,000 July 31, 2000 Each of the foregoing dates shall be referred to as a "Vesting Date" for that portion of this Option vested on such date ("Vested Portion"). All or any portion of the shares underlying a Vested Portion of this Option may be purchased during the term of this Option, but not as to less than 1,000 shares (unless the remaining shares then constituting the Vested Portion of this Option is less than 1,000 shares) at any time.
