Common use of Status of Benefits Clause in Contracts

Status of Benefits. A. No salary/target bonus continuation payments will be made to you under Part Three of this letter agreement, until the Present Value of the Option Parachute Payment attributable to your Spring 2002 Focal Review Option and to each of your Other Options has been determined and the status of any payments in dispute under Paragraph 2 above has been resolved in accordance therewith. However, you will be permitted to exercise your Options at any time during the applicable exercise period following your Authorized Resignation or Involuntary Termination.

Status of Benefits. A. No salary/target bonus continuation payments will be made to you under Part Three of this letter agreement, until the Present Value of the Option Parachute Payment attributable to your Spring 2002 Focal Review Initial Option Grant and to each of your Other Options has been determined and the status of any payments in dispute under Paragraph 2 above has been resolved in accordance therewith. However, you will be permitted to exercise your Options at any time during the applicable exercise period following your Authorized Resignation or Involuntary Termination.