Anniversary Date means any of the Third Anniversary Date, the Fourth Anniversary Date and the Fifth Anniversary Date.
Fourth Anniversary Date means the date that is the fourth anniversary of the Date of Grant, which anniversary is, subject to Paragraph 6, the Payment Date as of which the second one-third of the shares of Common Stock are issued to you in accordance with the terms of this Agreement.
By valid delivery of a Call Option Notice (as set forth below), DPI may elect to exchange on the Fourth Anniversary Date shares of common stock of DPI for up to one hundred percent (100%) of the IPO-Time Shares (less any IPO-Time Shares previously sold to DPI under Section 2 or 3).
If you incur a Termination of Employment on or before the Fourth Anniversary Date for any reason other than one of the reasons described in Sections 1.2 and 1.3 below, then on the date you incur a Termination of Employment, the vesting restrictions then applicable to the Option shall not lapse and the Option will be forfeited as to the number of Shares then subject to the vesting restrictions shall be forfeited.
Notwithstanding any other provision of the Agreement or these Terms and Conditions to the contrary, if you die before the Fourth Anniversary Date and before you otherwise incur a Termination of Employment, all remaining vesting and exercisability restrictions shall immediately lapse on the date of your Termination of Employment due to your death and the Option will be fully exercisable.