Common use of Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation Clause in Contracts

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By accepting this Agreement and the grant of the Option evidenced hereby, the Optionee expressly acknowledges that (a) the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) the grant of the Option is a one-time benefit that does not create any contractual or other right to receive future grants of options, or benefits in lieu of options; (c) all determinations with respect to future option grants, if any, including the grant date, the number of Shares granted, the exercise price and the exercise date or dates, will be at the sole discretion of the Company; (d) the Optionee’s participation in the Plan is voluntary; (e) the value of the Option is an extraordinary item of compensation that is outside the scope of the Optionee’s employment contract, if any, and nothing can or must automatically be inferred from such employment contract or its consequences; (f) Options are not part of normal or expected compensation for any purpose and are not to be used for calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments, and the Optionee waives any claim on such basis; and (g) the future value of the underlying Shares is unknown and cannot be predicted with certainty. In addition, the Optionee understands, acknowledges and agrees that the Optionee will have no rights to compensation or damages related to option proceeds in consequence of the termination of the Optionee’s employment for any reason whatsoever and whether or not in breach of contract.

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By accepting this Agreement and the grant of the Option evidenced hereby, the Optionee Participant expressly acknowledges that (a) the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) the grant of the Option is a one-time benefit that does not create any contractual or other right to receive future grants of options, or benefits in lieu of options; (c) all determinations with respect to future option grants, if any, including the grant date, the number of Shares granted, the exercise price and the exercise date or dates, will be at the sole discretion of the Company; (d) the OptioneeParticipant’s participation in the Plan is voluntary; (e) the value of the Option is an extraordinary item of compensation that is outside the scope of the OptioneeParticipant’s employment contract, if any, and nothing can or must automatically be inferred from such employment contract or its consequences; (f) Options are not part of normal or expected compensation for any purpose and are not to be used for calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments, and the Optionee Participant waives any claim on such basisbasis and, for the avoidance of doubt, the Option shall not constitute an “acquired right” under the applicable law of any jurisdiction; (g) if the underlying Shares do not increase in value, the Option will have no value; (h) if the Participant exercises the Option and acquires Shares, the value of such Shares may increase or decrease in value, even below the exercise price; and (gi) the future value of the underlying Shares is unknown and cannot be predicted with certainty. In addition, the Optionee Participant understands, acknowledges and agrees that the Optionee Participant will have no rights to compensation or damages related to option proceeds in consequence of the termination of the OptioneeParticipant’s employment for any reason whatsoever and whether or not in breach of contract.

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By accepting this Agreement and the grant of the Option Options evidenced hereby, the Optionee you expressly acknowledges acknowledge that (a) the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) the grant of the Option Options is a one-time benefit that does not create any contractual or other right to receive future grants of optionsOptions, or benefits in lieu of optionsOptions; (c) all determinations with respect to future option grants, if any, including the grant date, the number of Shares Options granted, the exercise price Exercise Price and the exercise date or dates, will be at the sole discretion of the Company; (d) the Optionee’s your participation in the Plan is voluntary; (e) the value of the Option Options is an extraordinary item of compensation that is outside the scope of the Optionee’s your employment contract, if any, and nothing can or must automatically be inferred from such employment contract or its consequencesconsequences ; (f) Options are not part of normal or expected compensation for any purpose and are not to be used for calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments, and the Optionee waives you waive any claim on such basis; and (g) the vesting of Options ceases upon termination of Employment for any reason except as may otherwise be explicitly provided in this Agreement; (h) the future value of the underlying Shares shares is unknown and cannot be predicted with certainty; (i) the grant of options to purchase an equity interest in the Company and each exercise of options by you gives rise to the Company’s need (on behalf of itself and its stockholders) to protect itself from Conduct Detrimental to the Company and your promises in the Return of Option Proceeds provision above are designed to protect the Company and its shareholders from Conduct Detrimental to the Company; and (j) if the underlying shares do not increase in value, the Options will have no value. In addition, the Optionee understandsyou understand, acknowledges acknowledge and agrees agree that the Optionee you will have no rights to compensation or damages related to option proceeds Option Proceeds in consequence of the termination of the Optionee’s employment your Employment for any reason whatsoever and whether or not in breach of contract.

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By accepting this Agreement and the grant of the Option evidenced herebycontemplated hereunder, the Optionee Participant expressly acknowledges that (a) the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) the grant of the Option is a one-time benefit that does not create any contractual or other right to receive future grants of optionsOptions, or benefits in lieu of optionsOptions; (c) all determinations with respect to future option grantsgrants of Options, if any, including the grant date, the number of Shares granted, the exercise price granted and the exercise date or datesapplicable vesting terms, will be at the sole discretion of the Company; (d) the OptioneeParticipant’s participation in the Plan is voluntary; (e) the value of the Option is an extraordinary item of compensation that is outside the scope of the OptioneeParticipant’s employment contract, if any, and nothing can or must automatically be inferred from such employment contract or its consequences; (f) grants of Options are not part of normal or expected compensation for any purpose and are not to be used for calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments, and the Optionee Participant waives any claim on such basis, and for the avoidance of doubt, the Option shall not constitute an “acquired right” under the applicable law of any jurisdiction; and (g) the future value of the underlying Shares is unknown and cannot be predicted with certainty. In addition, the Optionee Participant understands, acknowledges and agrees that the Optionee Participant will have no rights to compensation or damages related to option Option proceeds in consequence of the termination of the OptioneeParticipant’s employment Employment for any reason whatsoever and whether or not in breach of contract.

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By accepting this Agreement and the grant of the Option Options evidenced hereby, the Optionee you expressly acknowledges acknowledge that (a) the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) the grant of the Option Options is a one-time benefit that does not create any contractual or other right to receive future grants of optionsOptions, or benefits in lieu of optionsOptions; (c) all determinations with respect to future option grants, if any, including the grant date, the number of Shares Options granted, the exercise price Exercise Price and the exercise date or dates, will be at the sole discretion of the Company; (d) the Optionee’s your participation in the Plan is voluntary; (e) the value of the Option Options is an extraordinary item of compensation that is outside the scope of the Optionee’s your employment contract, if any, and nothing can or must automatically be inferred from such employment contract or its consequences; (f) Options are not part of normal or expected compensation for any purpose and are not to be used for calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments, and the Optionee waives you waive any claim on such basis; and (g) the vesting of Options ceases upon termination of Employment for any reason except as may otherwise be explicitly provided in this Agreement; (h) the future value of the underlying Shares shares is unknown and cannot be predicted with certainty; (i) the grant of options to purchase an equity interest in the Company and each exercise of options by you gives rise to the Company’s need (on behalf of itself and its stockholders) to protect itself from Conduct Detrimental to the Company and your promises in the Return of Option Proceeds provision above are designed to protect the Company and its shareholders from Conduct Detrimental to the Company; and (j) if the underlying shares do not increase in value, the Options will have no value. In addition, the Optionee understandsyou understand, acknowledges acknowledge and agrees agree that the Optionee you will have no rights to compensation or damages related to option proceeds Option Proceeds in consequence of the termination of the Optionee’s employment your Employment for any reason whatsoever and whether or not in breach of contract.

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By accepting this Agreement and the grant of the Option evidenced herebyRestricted Stock contemplated hereunder, the Optionee Participant expressly acknowledges that (a) the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) the grant of the Option Restricted Stock is a one-time benefit that does not create any contractual or other right to receive future grants of optionsRestricted Stock, or benefits in lieu of optionsRestricted Stock; (c) all determinations with respect to future option grantsgrants of Restricted Stock, if any, including the grant date, the number of Shares granted, the exercise price granted and the exercise date or datesapplicable vesting terms, will be at the sole discretion of the Company; (d) the OptioneeParticipant’s participation in the Plan is voluntary; (e) the value of the Option Restricted Stock is an extraordinary item of compensation that is outside the scope of the OptioneeParticipant’s employment contract, if any, and nothing can or must automatically be inferred from such employment contract or its consequences; (f) Options grants of Restricted Stock are not part of normal or expected compensation for any purpose and are not to be used for calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments, and the Optionee Participant waives any claim on such basis, and, for the avoidance of doubt, the Restricted Stock shall not constitute an “acquired right” under the applicable law of any jurisdiction; and (g) the future value of the underlying Shares is unknown and cannot be predicted with certainty. In addition, the Optionee Participant understands, acknowledges and agrees that the Optionee Participant will have no rights to compensation or damages related to option Restricted Stock proceeds in consequence of the termination of the OptioneeParticipant’s employment for any reason whatsoever and whether or not in breach of contract.

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By accepting this Agreement and the grant of the Option evidenced hereby, the Optionee expressly acknowledges that (a) the Plan is discretionary in nature and may be suspended or terminated by the Company Corporation at any time; (b) the grant of the Option is a one-time benefit that does not create any contractual or other right to receive future grants of options, or benefits in lieu of options; (c) all determinations with respect to future option grants, if any, including the grant date, the number of Shares granted, the exercise price and the exercise date or dates, will be at the sole discretion of the CompanyCorporation; (d) the Optionee’s participation in the Plan is voluntary; (e) the value of the Option is an extraordinary item of compensation that is outside the scope of the Optionee’s employment contract, if any, and nothing can or must automatically be inferred from such employment contract or its consequences; (f) Options are not part of normal or expected compensation for any purpose and are not to be used for calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments, and the Optionee waives any claim on such basis; and (g) the future value of the underlying Shares is unknown and cannot be predicted with certainty. In addition, the Optionee understands, acknowledges and agrees that the Optionee will have no rights to compensation or damages related to option proceeds in consequence of the termination of the Optionee’s employment for any reason whatsoever and whether or not in breach of contract.

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By accepting this Agreement and the grant of the Option Options evidenced hereby, the Optionee expressly acknowledges that (a) the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) the grant of the Option Options is a one-time benefit that does not create any contractual or other right to receive future grants of options, or benefits in lieu of options; (c) all determinations with respect to future option options grants, if any, including the grant date, the number of Shares granted, the exercise price and the exercise date or dates, will be at the sole discretion of the Company; (d) the Optionee’s 's participation in the Plan is voluntary; (e) the value of the Option Options is an extraordinary item of compensation that is outside the scope of the Optionee’s 's employment contract, if any, and nothing can or must automatically be inferred from such employment contract or its consequences; (f) Options are not part of normal or expected compensation for any purpose and are not to be used for calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments, and the Optionee waives any claim on such basis; and (g) the future value of the underlying Shares is unknown and cannot be predicted with certainty. In addition, the Optionee understands, acknowledges and agrees that the Optionee will have no rights to compensation or damages related to option proceeds in consequence of the termination of the Optionee’s 's employment for any reason whatsoever and whether or not in breach of contract.

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By accepting this Agreement and the grant of the Option evidenced hereby, the Optionee Participant expressly acknowledges that that: (a) the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) the grant of the Option is a one-time benefit that does not create any contractual or other right to receive future grants of options, or benefits in lieu of options; (c) all determinations with respect to future option grants, if any, including the grant date, the number of Shares granted, the exercise price and the exercise date or dates, will be at the sole discretion of the Company; (d) the OptioneeParticipant’s participation in the Plan is voluntary; (e) the value of the Option is an extraordinary item of compensation that is outside the scope of the OptioneeParticipant’s employment contract, if any, and nothing can or must automatically be inferred from such employment contract or its consequences; (f) Options are not part of normal or expected compensation for any purpose and are not to be used for calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments, and the Optionee Participant waives any claim on such basisbasis and, for the avoidance of doubt, the Option shall not constitute an “acquired right” under the applicable law of any jurisdiction; (g) if the underlying Shares do not increase in value, the Option will have no value; (h) if the Participant exercises the Option and acquires Shares, the value of such Shares may increase or decrease in value, even below the exercise price; and (gi) the future value of the underlying Shares is unknown and cannot be predicted with certainty. In addition, the Optionee Participant understands, acknowledges and agrees that the Optionee Participant will have no rights to compensation or damages related to option proceeds in consequence of the termination of the OptioneeParticipant’s employment for any reason whatsoever and whether or not in breach of contract.