Option Vesting Period

Option Vesting Period. The period beginning on the Grant Date and ending on the earliest to occur of the following dates: (i) the date Optionee's employment pursuant to the Employment Agreement is terminated for any reason, whether by the Company or by Optionee; and (ii) the third anniversary of the Grant Date if the Second Performance Goal is not achieved before the third anniversary of the Grant Date or the fourth anniversary of the Grant Date if the Second Performance Goal is achieved before the third anniversary... of the Grant Date; provided, however, that if on or before the third anniversary of the Grant Date (if the Second Performance Goal is not achieved before the third anniversary of the Grant Date) or the fourth anniversary of the Grant Date (if the Second Performance Goal is achieved before the third anniversary of the Grant Date) a period of 90 consecutive Trading Days begins that ends after such third or fourth anniversary, as the case may be, of the Grant Date and with respect to which the Trailing Trading Price would satisfy any of the First Performance Goal, the Second Performance Goal or the Third Performance Goal that was not previously achieved under this Agreement then the applicable date set forth above in this Section 21(b)(ii) shall be extended by 90 Business Days after the third or fourth anniversary of the Grant Date that would otherwise apply. View More