Daily Vesting

Daily Vesting. Means vesting of Time Vesting Options proportionately for ------------- each of the 1,095 days on or after January 1, 2000 that the Optionee is employed by Holdings such that if Optionee remains employed for all 1,095 days such Time Vesting Options shall be vested in full. Daily vesting will commence on January 1, 2000.