Common use of STOCK SUBJECT TO OPTIONS Clause in Contracts

STOCK SUBJECT TO OPTIONS. The maximum aggregate number of shares of Common Stock that may be issued pursuant to Options granted under the Plan is 31,500, subject to adjustment as provided in Section 16. If an Option is terminated, in whole or in part, for any reason other than its exercise, the number of shares of Common Stock allocated to the Option or portion thereof may be reallocated to other Options to be granted under the Plan. The shares may be authorized but unissued shares.

STOCK SUBJECT TO OPTIONS. The maximum aggregate number of shares of Common Stock that may be issued pursuant to Options granted under the Plan is 31,500, 4,200,000 subject to adjustment as provided in Section 16Article IX. If an Option is terminated, in whole or in part, for any reason other than its exercise, the number of shares of Common Stock allocated to the Option or portion thereof may be reallocated to other Options to be granted under the Plan. The shares may be authorized but unissued shares.