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An exemplary ontology is one that can serve as a model that can be imitated or leveraged by ontology engineers in the future. The most fundamental property of an exemplary ontology is being well designed for its intended purpose. Think of a paper clip - from a purely utilitarian perspective, it went through many stages of evolution before it became a thing of elegant simplicity - linked to a specific purpose. From a design perspective it is a thing of beauty. Nothing is extraneous, it just works. So it is with any well designed artifact. Any ontology that has reached a similar pinnacle of good design will have many of the following properties:
The reason for the ontology meeting only the intended requirements is to keep the ontology as lean as possible. The ontology should of course contain things that help ensure that it can easily expanded to meet as yet unanticipated future requirements -- even if they are not strictly needed to meet stated requirements.