For purposes of determining when shares are acquired by an Employee, shares obtained by cashless exercise will be deemed to have been acquired when the Employee was originally granted the option. Otherwise, the Employee will be deemed to have acquired the shares upon exercise of the option.
For purposes of determining when shares are acquired by an Optionee, shares obtained by cashless exercise will be deemed to have been acquired when the Optionee was originally granted the option. Otherwise, the Optionee will be deemed to have acquired the shares upon exercise of the option.
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