This excerpt taken from the SOA 10-Q filed May 12, 2008.
No Dividend Equivalents. There is no guarantee by the Company that dividends will be paid. The Optionee shall not be entitled to receive a cash payment in respect of the Option Shares underlying this Stock Option on any dividend payment date for the Shares.
4. Vesting and Exercisability of this Stock Option.
4.1. Except as otherwise provided in this Section 4, the Stock Option subject to this grant shall become vested and exercisable pro rata on each of the first three anniversaries of the Grant Date specified above (one-third of the total grant per year), provided the Participant is then employed by the Company and/or one of its Subsidiaries or Affiliates.
4.2. Unless earlier terminated in accordance with the terms and provisions of the Plan and/or this Agreement, this Stock Option shall expire and shall no longer be exercisable after the expiration of ten years from the Grant Date (the “Option Period”).
4.3. If the Optionee’s employment with the Company and/or its Subsidiaries or Affiliates terminates due to the Optionee’s Disability, the Stock Options shall continue to vest on a regular schedule during the period of Disability regardless of a termination event. For purposes of this Agreement, “Disability,” if the Optionee is a party to an employment agreement, shall have the same meaning as in such employment agreement, otherwise, “Disability” shall mean any physical or mental disability which is determined to be total and permanent by a doctor selected in good faith by the Company or the relevant Subsidiary or Affiliate.
4.4. If the Optionee’s employment with the Company and/or its Subsidiaries or Affiliates terminates due to the Optionee’s death, this Stock Option shall become exercisable as to all the Option Shares as of the date of any such termination.
4.5. If the Optionee’s employment is terminated by the Company or one of its Subsidiaries or Affiliates other than for Cause (as defined in Section 6.4) and at a time when such Optionee is entitled to a severance payment over a period specified in such Participant’s employment agreement (if any) (the “Severance Period”) all options which would have vested had the Optionee continued his or her employment during the Severance Period shall become immediately vested.