Example ContractsClausespartial or no exercise of the over allotment optionVariants
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Exercise of Option. This Option may be exercised in whole or in part at any time or times prior to its expiration; provided that the first exercise of this Option shall not occur before the fourth anniversary of the date on which the Option was granted. Notwithstanding the foregoing, if the Participant’s employment with the Corporation or a Subsidiary Company is terminated by reason of the Participant’s Retirement or death before the fourth anniversary of the date on which the Option was granted, the Participant (or, in the case of death, the Participant’s Beneficiary) may first exercise this Option on the later of the first anniversary of the date on which this Option was granted or the effective date of the Participant’s Retirement or death. Notice of the exercise of all or any part of this Option shall be given in the manner prescribed by the Secretary of the Corporation. Such notice shall be irrevocable, shall specify the number of shares to be purchased and the purchase price to be paid therefore, and must be accompanied by the payment of the purchase price as provided in paragraph 3(c) herein. Upon the exercise of such Option, the Common Stock purchased will be distributed.

Exercise of Option.Limitations on Exercise. This Option mayoption shall be exercisedsubject to forfeiture until the Participant becomes vested in whole or in partsuch Award according to the schedule set forth below. This option shall not be exercisable until at any time or times prior to its expiration; provided thatleast one year has expired after the first exercisegranting of this Optionoption, during which time the Participant shall not occur beforehave been in the fourth anniversarycontinuous employ of the date on which the Option was granted. Notwithstanding the foregoing, if the Participant’s employment with the Corporation or an Affiliate; provided, however, that the option shall become exercisable immediately in the event of a Subsidiary Company is terminated by reasonQualified Termination of Employment of the Participant’s Retirement or death beforeParticipant, without regard to the fourth anniversarylimitations otherwise set forth below in this subsection. At any time during the period of this option after the date on which the Option was granted, the Participant (or, in the case of death, the Participant’s Beneficiary) may first exercise this Option on the laterend of the first anniversaryyear, the Participant may purchase up to 30 percent of the date on whichshares covered by this Option was granted oroption; after the effective dateend of the Participant’s Retirement or death. Noticesecond year, an additional 30 percent; and after the end of the exercisethird year, the remaining 40 percent of all or any partthe total number of this Option shall be given in the manner prescribedshares covered by the Secretaryoption, so that, upon the expiration of the Corporation. Such noticethird year, the Participant will have become entitled to purchase all shares subject to this option; provided, however, that if the Participant's employment is terminated for any reason other than death, Retirement, or Total and Permanent Disability, this option shall only be irrevocable, shall specifyexercisable for three months following such termination and only for the number of shares to be purchased andwhich were exercisable on the purchase price to be paid therefore, and must be accompanied by the payment of the purchase price as provided in paragraph 3(c) herein. Upon the exercisedate of such Option,termination. In no event, however, may this option be exercised more than ten (10) years after the Common Stock purchased will be distributed.date of its grant.

Exercise of Option.Limitations on Exercise. This Option mayoption shall be exercisedsubject to forfeiture until the Participant becomes vested in whole or in partsuch Awards according to the schedule set forth below. This option shall not be exercisable until at any time or times prior to its expiration; provided thatleast one year has expired after the first exercisegranting of this Optionoption, during which time the Participant shall not occur beforehave been in the fourth anniversarycontinuous employ of the date on which the Option was granted. Notwithstanding the foregoing, if the Participant’s employment with the Corporation or an Affiliate; provided, however, that the option shall become exercisable immediately in the event of a Subsidiary Company is terminated by reasonQualified Termination of Employment of the Participant’s Retirement or death beforeParticipant, without regard to the fourth anniversarylimitations set forth below in this subsection. At any time during the period of this option after the date on which the Option was granted, the Participant (or, in the case of death, the Participant’s Beneficiary) may first exercise this Option on the laterend of the first anniversaryyear, the Participant may purchase up to 30 percent of the date on whichshares covered by this Option was granted oroption; after the effective dateend of the Participant’s Retirement or death. Noticesecond year, an additional 30 percent; and after the end of the exercisethird year, the remaining 40 percent of all or any partthe total number of this Option shall be given in the manner prescribedshares covered by the Secretaryoption, so that, upon the expiration of the Corporation. Such noticethird year, the Participant will have become entitled to purchase all shares subject to this option; provided, however, that if the Participant's employment is terminated for any reason other than death, Retirement, or Total and Permanent Disability, this option shall only be irrevocable, shall specifyexercisable for three months following such termination and only for the number of shares to be purchased andwhich were exercisable on the purchase price to be paid therefore, and must be accompanied by the payment of the purchase price as provided in paragraph 3(c) herein. Upon the exercisedate of such Option,termination. In no event, however, may this option be exercised more than ten (10) years after the Common Stock purchased will be distributed.date of its grant.

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