Common use of Option Extension Clause in Contracts

Option Extension. To the maximum extent permitted under the applicable option plans and agreements, Executive shall continue to be able to exercise certain of his vested stock options during the Consulting Period as described on Exhibit A (the “Option Extension”), but shall not continue to vest in any stock options after the Termination Date. The Company represents that Exhibit A accurately sets forth the grant dates, the number of shares subject to options that are vested and unvested as of the Termination Date, and identifies the period in which such options may be exercised.

Option Extension. To the maximum extent permitted under the applicable option plans and agreements, Executive shall continue to vest in certain of his unvested stock options and be able to exercise certain of his vested stock options during the Consulting Period as described on Exhibit A (the “Option Extension”), but shall not continue to vest in any stock options after the Termination Date. The Company represents that Exhibit A accurately sets forth the grant dates, the number of shares subject to options that are vested and unvested as of the Termination Date, and identifies the period in which such options may be exercised.