خيارات خيارات اتفاقية التوظيف

رشكة جلعاد للعلوم، اتفاقية اختيار األسهم إن شركة أوبتيون هي تقدمي خدمات قيمة للمؤسسة) أو كيان ذي صلة (، ويتم تنفيذ هذه االتفاقية وفقا ألهداف اخلطة، منح مؤسسة خيار أوبتيوني. ب - يجب أن يكون لكل المصطلحات المرسملة في هذه الاتفاقية المعنى المعين لها في الملحق المرفق. فالآن . تمنح الشركة بموجب هذا الخيار خيار أوبتيون على الشروط والأحكام التالية: 1. منح الخيار. تمنح المؤسسة بموجب هذا الخيار للشخص المحدد في الجدول الأول الملحق (147 المستفاد 148) خيار شراء أسهم الأسهم المشتركة بموجب الخطة. تاريخ منح هذا الخيار) تاريخ 147 جتران 147 (، وعدد أسهم األسهم العادية المشتراة بموجب هذا الخيار) 147 سهم 147 (، وسعر التمرين الواجب دفعه للسهم الواحد) 147 سعر البيع 148 (، يجب أن يصبح الخيار ويصبح قابلا للممارسة بصورة تدريجية لأسهم الخيار (147 جدول الاختبار 148) ويشار أيضا إلى التاريخ الذي سيتم استخدامه لقياس الحد الأقصى لهذا الخيار (تاريخ انتهاء الصلاحية 147) في الملحق الأول الملحق بهذه الاتفاقية. والخیار ھو خیار غیر قانوني بموجب قوانین ضریبة الدخل الفیدرالیة الأمریکیة. يجب أن تكون البنود والشروط المتبقية التي تحكم هذا الخيار كما هو مبين في هذا الاتفاق. 2. الخيار الخيار. وتبدأ مدة هذا الخيار في تاريخ المنح وستظل سارية المفعول حتى انتهاء العمل في آخر يوم عمل قبل تاريخ انتهاء الصلاحية المحدد في الجدول المرفق الأول، ما لم يتم إنهاؤه في وقت أقرب وفقا للفقرة 5 أو 6 أدناه. 3. محدودة نقل. (أ) يمكن تعيين هذا الخيار كليا أو جزئيا خلال حياة Option114s إلى صندوق حياة. لا يجوز ممارسة الجزء المخصص إلا من قبل ليفينغ تروست. وتكون الشروط المنطبقة على الجزء المخصص هي نفس الشروط المعمول بها بالنسبة للخيار الذي يسبق مباشرة هذا الاحالة، وتحدد في تلك الوثائق التي ينفذها الخبير والوثيقة الحية حسبما تراه المؤسسة مناسبا. (ب) باستثناء قابلية النقل المحدودة المنصوص عليها في الفقرة 3 (أ)، لا يكون هذا الخيار قابلا للنقل أو قابلا للتحويل من قبل الخيار إلا بإرادته أو قوانين الميراث بعد وفاة المختار ويمكن أن يمارس، خلال فترة الاختيار من العمر، . ومع ذلك، يجوز لشركة أوبتيون أن تعين شخصا أو أكثر كمستفيد أو مستفيد من هذا الخيار عن طريق استكمال استمارة تعيين المستفيدين من المؤسسة 146 وتقديم النموذج المكتمل مع إدارة الموارد البشرية في المؤسسة. وفي حالة قيام أوبتيوني بتعبئة استمارة تعيين المستفيدين العامين وتموت هذا الخيار، عندئذ يتم نقل هذا الخيار تلقائيا إلى المستفيد أو المستفيدين المعينين. ويتعين على المستفيد أو المستفيدين أن يأخذوا الخيار المحول وفقا لجميع أحكام وشروط هذه الاتفاقية، بما في ذلك (على سبيل المثال لا الحصر) الفترة الزمنية المحدودة التي يجوز خلالها ممارسة هذا الخيار، وفقا للفقرة 5 أدناه، بعد وفاة الخبير 146. 4. مواعيد التمرين. يجب أن يصبح هذا الخيار قابلا للتنفيذ لأسهم الخيار في سلسلة من الأقساط وفقا لجدول الاستحقاق المبين في الجدول الأول المرفق. وعندما يصبح الخيار قابلا للتنفيذ لهذه الأقساط، تتراكم هذه الأقساط، ويظل الخيار قابلة للتطبیق علی الأقساط المتراکمة حتی آخر یوم عمل قبل تاریخ انتھاء الصلاحیة أو أي إنھاء عاجل لمصطلح الخیار بموجب الفقرة 5 أو 6 أدناه. 5 - وقف الخدمة. ينتهي مصطلح الخيار المحدد في الفقرة 2 أعلاه (ويصبح هذا الخيار غير معلق) قبل تاريخ انتهاء الصلاحية في حالة سريان أي من الأحكام التالية: (أ) ما لم ينص صراحة على خلاف ذلك في الفقرات الفرعية (ب) إلى (و) ) من هذه الفقرة 5، إذا توقف أوبتيون عن البقاء في الخدمة المستمرة لأي سبب من الأسباب في حين أن هذا الخيار قائم، فإن أوبتيوني يجب أن يكون حتى نهاية العمل في آخر يوم عمل قبل انتهاء فترة الثلاثة (3) أشهر يقاس من تاريخ وقف الخدمة المستمرة الذي يمارس فيه هذا الخيار لأي من أسهم الخيار أو كلها التي يكون هذا الخيار مستحقا وقابلا للممارسة عند وقف الخدمة المستمرة من قبل أوبتيون (146)، ولكن في أي حال من الأحوال يكون هذا الخيار يمكن ممارستها في أي وقت بعد انتهاء العمل في آخر يوم عمل قبل تاريخ انتهاء الصلاحية. (ب) في حالة توقف أوبتيوني عن الخدمة المستمرة بسبب وفاته في حين أن هذا الخيار قائم، يجوز ممارسة هذا الخيار، بالنسبة لأي أو كل أسهم الخيار التي يكون هذا الخيار مستحقا وممكنا ممارستها في وقت (1) الممثل الشخصي لممتلكات أوبتيون 146، أو (2) الشخص أو الأشخاص الذين ينتقل إليهم الخيار وفقا للخيار أوبتيون 146، أو قوانين الميراث بعد وفاة أوبتيون 136. ومع ذلك، إذا توفي أوبتيوني مع الاحتفاظ بهذا الخيار وله تعيين فعال للمستفيدين في هذا الخيار وقت وفاته، يكون للمستفيد أو المستفيد المعين الحق الحصري في ممارسة هذا الخيار بعد وفاة أوبتيون 146. وينتهي هذا الحق في ممارسة هذا الخيار، وينتهي هذا الخيار بعد انتهاء العمل في آخر يوم عمل قبل ما قبل (1) انتهاء فترة الاثني عشر (12) شهرا التي تقاس من تاريخ وفاة أوبتيون 141، أو (2) تاريخ انتهاء الصلاحية. عند انقضاء فترة التمارين المحدودة، ينتهي هذا الخيار ويصبح مستحق السداد لأي أسهم خيارات قابلة للممارسة والتي لم يمارس الخيار على خلاف ذلك. (ج) إذا توقف أوبتيوني عن الخدمة المستمرة بسبب العجز الدائم في حين أن هذا الخيار لا يزال مستحقا، فسيكون لدى أوبتيوني حتى انتهاء العمل في آخر يوم عمل قبل انقضاء فترة الاثني عشر (12) شهرا المقاسة من التاريخ من هذا التوقف عن الخدمة المستمرة التي يمارس فيها هذا الخيار لأي من أو جميع أسهم الخيارات التي يكون هذا الخيار مستحقا وقابلا للممارسة وقت توقف الخدمة المستمرة. ومع ذلك، في أي حال من الأحوال، هل يمكن ممارسة هذا الخيار في أي وقت بعد انتهاء العمل في آخر يوم عمل قبل تاريخ انتهاء الصلاحية. (د) ما لم تستبعد القوانين المعمول بها خلاف ذلك، يجب على (1) أن يتوقف أوبتيوني عن الخدمة المستمرة بعد إتمام ثلاث سنوات على الأقل من الخدمة المستمرة و (2) مجموع أوبتيون 146s و سن الخدمة المكتملة في (70) سنة، يكون عنده أوبتيونى حتى انتهاء العمل في آخر يوم عمل قبل انتهاء فترة الستة والثلاثين (36) شهرا التي تقاس من تاريخ هذه الخدمة وقف الخدمة المستمرة التي يمارس خلالها هذا الخيار لأي من أسهم الخيار أو جميعها التي يكون هذا الخيار مستحقا وقابلا للممارسة وقت توقف الخدمة المستمرة. ومع ذلك، في أي حال من الأحوال، هل يمكن ممارسة هذا الخيار في أي وقت بعد انتهاء العمل في آخر يوم عمل قبل تاريخ انتهاء الصلاحية. (ه) يمتد تلقائيا فترة سريان مفعول الممارسة بعد انتهاء الخدمة المعمول بها عملا بالأحكام السالفة الذكر في هذه الفقرة 5 بفترة زمنية إضافية تساوي المدة إلى أي فاصل زمني في فترة ممارسة ما بعد الخدمة التي تمارس خلالها لا يمكن تنفيذ هذا الخيار أو البيع الفوري لأسهم الخيار المكتسبة بموجب هذا الخيار وفقا لقوانين الأوراق المالية الاتحادية والولائية المعمول بها، ولكن في أي حال من الأحوال يؤدي هذا التمديد إلى استمرار هذا الخيار بعد انتهاء العمل على آخر يوم عمل قبل تاريخ انتهاء الصلاحية. (و) في حالة إنهاء الخدمة المستمرة من قبل شركة "أوبتيون" (146)، أو على "أوبتيوني" المشاركة في أي سلوك آخر، أو في الخدمة المستمرة أو في أعقاب توقف الخدمة المستمرة، مما يضر بشكل جوهري بأعمال الشركة أو شؤونها (أو أي كيان ذي صلة) ، على النحو المحدد وفقا لتقدير مدير البرنامج وحده، فإن هذا الخيار، سواء كان مستحقا أو قابلا للممارسة في ذلك الوقت، ينتهي على الفور وأن يتوقف عن السداد. (ز) خلال الفترة المحدودة لممارسة الخدمة بعد انتهاء الخدمة المنصوص عليها في هذه الفقرة 5، لا يجوز ممارسة هذا الخيار في المجموع لأكثر من عدد أسهم الخيار التي يكون هذا الخيار في الوقت المحدد فيها وممكن ممارستها. باستثناء هذا الحد (إن وجد) الذي أذن به المسؤول بشكل خاص بموجب اتفاق مكتوب صريح مع الخبير، لا يحق لهذا الخيار أو يصبح قابلا للممارسة لأي أسهم خيار إضافية، سواء وفقا لجدول الانتصاف العادي المبين في الجدول الأول المرفق أو أحكام تسريع الاستحقاق الخاصة الواردة في الفقرة 6 أدناه، بعد انتهاء الخدمة من قبل الخبير. عند انتهاء فترة التمارين المحدودة هذه أو (إذا كان ذلك سابقا) عند انتهاء العمل في آخر يوم عمل قبل تاريخ انتهاء الصلاحية، ينتهي هذا الخيار ويصبح مستحق السداد لأي أسهم خيار قابلة للممارسة والتي لم يتغير الخيار . 6 - التعجيل بخيار خاص. (أ) يسرع هذا الخيار، إلى الحد الذي لا يزال قائما وقت حدوث تغيير فعلي في المراقبة، ولكن لا يمكن ممارسته بالكامل، بحيث يصبح هذا الخيار قابلا للتنفيذ، مباشرة قبل التاريخ الفعلي لهذا التغيير في المراقبة من أسهم الخيار في ذلك الوقت الخاضع لهذا الخيار ويمكن ممارسته لأي من أو كل أسهم الخيار هذه كأسهم مكتملة بالكامل من الأسهم العادية. ومع ذلك، فإن هذا الخيار لن يصبح قابلا للممارسة على هذا الأساس المعجل إذا كان وإلى الحد الذي: (1) يجب أن يتحمل هذا الخيار الشركة الخلف (أو أحد الوالدين) أو أن يستمر في العمل بكامل طاقته، شروط التغيير في معاملة المراقبة، (2) أن يتم استبدال هذا الخيار بمنح بديل بديل مكافئ اقتصاديا أو (3) أن يتم استبدال هذا الخيار ببرنامج الاحتفاظ النقدي للشركة الخلف الذي يحافظ على انتشار القائمة في وقت التغيير في السيطرة على أي أسهم الخيار التي لم يكن هذا الخيار غير ذلك في ذلك الوقت مستحق وقابل للممارسة (زيادة القيمة السوقية العادلة لأسهم الخيار على إجمالي سعر ممارسة الدفع المستحق لهذه الأسهم) وينص على ما يلي (ب) على الفور بعد إكمال C في هذا الخيار يجب أن ينتهي ويكتمل أن يكون مستحقا، ما عدا إلى الحد الذي يفترض من قبل الشركة الخلف (أو أحد الوالدين) أو يستمر على نحو آخر وفقا لشروط التغيير في معاملة المراقبة. (ج) إذا كان هذا الخيار مفترضا فيما يتعلق بتغيير في السيطرة أو ما زال مستمرا ساري المفعول، فإن هذا الخيار يجب أن يعدل على نحو مناسب، بعد هذا التغيير مباشرة في التحكم، ليطبق على عدد وفئة الأوراق المالية التي تكون فيها أسهم الأسهم المشتركة الخاضعة لهذا الخيار كان سيتم تحويلها في استكمال هذا التغيير في السيطرة كانت تلك الأسهم في الواقع كانت معلقة في ذلك الوقت. كما يجب إجراء التعديلات المناسبة على سعر التمرين، شريطة أن يظل سعر التمرين على حاله. وبقدر ما يحصل حاملو الأسهم الفعليون للمؤسسة غير المسددة على نقدية نقدية لسهمهم المشترك في تحقيق التغيير في السيطرة، يجوز للشركة الخلف، فيما يتعلق بافتراض أو استمرار هذا الخيار ولكن رهنا بموافقة مدير عام 1446، سهم واحد أو أكثر من أسهمه المشتركة مع قيمة سوقية عادلة تعادل القيمة النقدية المدفوع للسهم الواحد في الأسهم المشتركة في مثل هذا التغيير في السيطرة، شريطة أن يكون هذا الأسهم المشتركة قابلة للتداول بسهولة في سوق الأوراق المالية أو السوق المعمول بها في الولايات المتحدة. (د) إذا كان هذا الخيار مفترضا أو كان ساري المفعول ساريا فيما يتعلق بتغيير في السيطرة أو استبداله بمنح مكافئ اقتصاديا أو برنامج للاحتفاظ النقدي وفقا للفقرة 6 (أ) أعلاه، فإن: (1) الخيار (أو تلك المكافأة المكافئة اقتصاديا)، وتصبح قابلة للممارسة فورا لجميع أسهم الخيار أو الأوراق المالية الأخرى في الوقت الذي يخضع للخيار (أو تلك المكافأة)، ويمكن، في غضون فترة الممارسة المعمول بها بموجب الفقرة 5، أن تمارس لأي أو جميع أسهم الخيار هذه أو غيرها من الأوراق المالية كأسهم أو أوراق مالية مكتسبة بالكامل، أو (2) يدفع الرصيد المودع إلى أوبتيوني بموجب أي برنامج للاحتفاظ النقدي المنشأ عملا بالفقرة 6 (أ) على الفور إلى أوبتيون بمبلغ إجمالي إلى مجموعة المؤسسة من جميع الضرائب المقتطعة المطبقة إذا، في غضون الفترة التي تبدأ بتاريخ التنفيذ للاتفاقية النهائية للتغيير في معاملة المراقبة وتنتهي مع ما سبق ( (1) إنهاء هذا الاتفاق النهائي دون إكمال هذا التغيير في السيطرة أو (2) انتهاء فترة التسريع المطبقة بعد إتمام هذا التغيير في التحكم، تنتهي الخدمة المستمرة من Option3146 بسبب الإنهاء غير الطوعي (بخلاف الوفاة أو العجز الدائم) دون سبب أو إنهاء طوعي من قبل أوبتيون بسبب الإنهاء البناء. (ه) لا يؤثر هذا الاتفاق بأي شكل من الأشكال على حق المؤسسة في تعديل أو إعادة تصنيف أو إعادة تنظيم أو تغيير رأس مالها أو هيكل أعمالها أو دمج أو توحيد أو حل أو تصفية أو بيع أو نقل كل أو أي جزء من أعمالها أو الأصول. 7. التعديل في أسهم الخيارات. في حالة إجراء أي تغيير على الأسهم العادية بسبب أي تقسيم للأسهم أو أرباح الأسهم أو إعادة رسملة رأس المال أو تجميع أسهم أو تبادل أسهم أو معاملة عرضية أو أي تغيير آخر يؤثر على الأسهم العادية القائمة كفئة دون استلام أو إذا كان ينبغي أن تنخفض قيمة الأسهم القائمة في الأسهم المشتركة بشكل كبير نتيجة للمعاملة العرضية أو توزيعات أرباح غير عادية أو توزيع، أو في حالة حدوث أي اندماج أو توحيد أو إعادة تنظيم أخرى، عندئذ تكون التعديلات المنصفة والتناسبية من قبل مدير البرنامج إلى (1) إجمالي عدد الأوراق المالية التي تخضع لهذا الخيار و (2) سعر التمرين. وتجرى التعديلات بالطريقة التي يراها مدير البرنامج مناسبة لتعكس هذا التغيير، وبالتالي تمنع تخفيف أو توسيع الاستحقاقات الواردة أدناه، وتكون هذه التعديلات نهائية وملزمة وقاطعة على أوبتيوني وأي شخص آخر أو أشخاص آخرين لديهم الفائدة في الخيار. في حالة حدوث أي تغيير في معاملة المراقبة، يتم التحكم في أحكام التعديل الواردة في الفقرة 6 (ج) أعلاه. 8. حقوق حاملي الأسهم. ولا يكون لحامل هذا الخيار أي حقوق ملكية لأصحاب الأسهم فيما يتعلق بأسهم الخيار إلى أن يمارس هذا الخيار الخيار ويدفع سعر التمرين ويصبح حاملا للسجلات المشتراة. 9. طريقة ممارسة الخيار. (أ) من أجل ممارسة هذا الخيار فيما يتعلق بجميع أو أي جزء من أسهم الخيار التي يكون هذا الخيار قابلا للتطبيق في الوقت المناسب، يجب على أوبتيون (أو أي شخص آخر أو أشخاص يمارسون الخيار) اتخاذ الإجراءات التالية: ) تنفيذ وتسليم الشركة إشعار ممارسة لأسهم الخيار التي يتم فيها ممارسة الخيار أو الامتثال لتلك الإجراءات الأخرى التي قد تضعها المؤسسة لإخطار المؤسسة، إما مباشرة أو من خلال معاملة الإنترنت على الإنترنت مع شركة الوساطة المالية المرخص لها من قبل المؤسسة لتنفيذ مثل هذا الخيار تمارين، لممارسة هذا الخيار لواحد أو أكثر من أسهم الخيار. ويمكن الحصول على نسخ من إشعار التمرين من الشبكة الداخلية للمؤسسة 146 في gnetfinancedocnoe. doc. (2) دفع سعر التمرين الإجمالي للأسهم المشتراة في واحد أو أكثر من النماذج التالية: (أ) نقدا أو شيك مستحق الدفع للمؤسسة أو (ب) من خلال إجراءات البيع والتحويل الخاصة التي بموجبها أوبتيوني (أو أي الشخص اآلخر أو األشخاص الذين يمارسون الخيار (في نفس الوقت تقديم تعليمات غير قابلة للنقض) 1 (إلى شركة وساطة) مرضية إلى حد معقول للمؤسسة ألغراض إدارة هذا اإلجراء وفقا لسياسات اإلخطار المسبق للمؤسسة (من أجل تنفيذ البيع الفوري ل كل أو جزء كاف من الأسهم المشتراة بحيث يمكن لشركة الوساطة هذه أن تحيل إلى المؤسسة في تاريخ التسوية أموال كافية من عائدات البيع الناتجة لتغطية إجمالي سعر ممارسة الدفع لجميع الأسهم المشتراة بالإضافة إلى جميع الضرائب المقتطعة المطبقة و) 2 (إلى المؤسسة لتقديم شهادات األسهم المشتراة مباشرة إلى شركة الوساطة في تاريخ التسوية . وباستثناء المدى الذي يتم فيه استخدام إجراءات البيع والتحويلات فيما يتعلق بعملية الاختيار، يجب أن يكون دفع سعر التمرين مصحوبا بإشعار التمرين (أو أي إجراء إخطار آخر) يتم تسليمه إلى المؤسسة فيما يتعلق بعملية الاختيار. '3' تزويد المؤسسة بالمعلومات المناسبة التي تفيد بأن الشخص أو الأشخاص الذين يمارسون الخيار (إذا كان غير الخيار) لهم الحق في ممارسة هذا الخيار. (4) اتخاذ الترتيبات المناسبة مع المؤسسة (أو الشركة الأم أو الشركة التابعة التي تستخدم أو تحتفظ بالخيار) بما يرضي جميع الضرائب المقتطعة المطبقة. (ب) في أقرب وقت عملي بعد تاريخ التمرين، تصدر المؤسسة إلى أو نيابة عن أوبتيون (أو أي شخص آخر أو أشخاص يمارسون هذا الخيار) شهادة لأسهم الخيار التي تم شراؤها (إما في شكل ورقي أو إلكتروني)، مع الأساطير المناسبة الملصقة عليها. (ج) لا يجوز في أي حال من الأحوال ممارسة هذا الخيار لأي أسهم كسور. 10- الامتثال للقوانين والأنظمة. (أ) تخضع ممارسة هذا الخيار وإصدار أسهم الخيار في هذه الممارسة لامتثال المؤسسة والخيار لجميع القوانين المعمول بها ذات الصلة. (ب) عدم قدرة المؤسسة على الحصول على موافقة من أي هيئة تنظيمية تتمتع بسلطة تعتبرها المؤسسة ضرورية لإصدار وبيع أي أسهم عادية وفقا لهذا الخيار، تعفي المؤسسة من أي مسؤولية فيما يتعلق بعدم - بيع أو بيع الأسهم العادية التي لم يتم الحصول على هذه الموافقة. ومع ذلك، تبذل المؤسسة قصارى جهدها للحصول على جميع هذه الموافقات. 11 - الخلفاء والتعيينات. وباستثناء ما هو منصوص عليه في الفقرتين 3 و 6 أعلاه، فإن أحكام هذا الاتفاق تكون في مصلحة المؤسسة وخلفائها ومن ينتدبون ويخلفون، ويختارون، والممثلون القانونيون، ورثة ومورثو الاختيار، وأي مستفيد من هذا الخيار يعينه أوبتيوني. 12. الإشعارات. ويجب أن يكون أي إخطار يلزم تقديمه أو تسليمه إلى المؤسسة بموجب أحكام هذه الاتفاقية خطيا وموجها إلى المؤسسة في مكاتبها الرئيسية. ويجب أن يكون أي إخطار يلزم تقديمه أو تسليمه إلى أوبتيوني خطيا وموجها إلى أوبتيوني على العنوان الأكثر حداثة المشار إليه فيما بعد باسم "أوبتيون" على سجلات موظفي المؤسسة أو يتم تسليمه إلكترونيا إلى أوبتيوني من خلال نظام البريد الإلكتروني للمؤسسة 146 أو من خلال نظام " شركة الوساطة الخطية التي أذنت بها المؤسسة لتنفيذ تمارين الخيار من خلال شبكة الانترنت. وتعتبر جميع اإلشعارات سارية المفعول عند التسليم الشخصي أو التسليم من خالل نظام البريد اإللكتروني للمؤسسة أو عند إيداعها في البريد األميركي وبريد مسبق الدفع ويتم توجيهها بشكل صحيح إلى الطرف الذي يتم إخطاره. 13 - التشييد. هذا الاتفاق والخيار الموضحة بموجبه يتم تقديمهما ومنحهما وفقا للخطة، وهي من جميع النواحي محدودة وخاضعة لشروط الخطة. وفي حالة وجود أي تعارض بين أحكام هذا الاتفاق وشروط الخطة، فإن شروط الخطة تكون مسيطرة. وتكون جميع قرارات مدير البرنامج فيما يتعلق بأي مسألة أو مسألة تنشأ بموجب الخطة أو هذا الاتفاق نهائية وملزمة لجميع الأشخاص الذين لهم مصلحة في هذا الخيار. 14- القانون الواجب التطبيق. يخضع تفسير وأداء وإنفاذ هذا الاتفاق لقوانين ولاية كاليفورنيا دون اللجوء إلى قواعد تنازع القوانين في ولاية كاليفورنيا. 15 - الأسهم الزائدة. إذا تجاوزت أسهم الخيار المشمولة بهذه الاتفاقية، اعتبارا من تاريخ المنحة، عدد أسهم الأسهم المشتركة التي قد تكون بدون موافقة حاملي الأسهم بموجب الخطة، فإن هذا الخيار يكون باطلا فيما يتعلق بتلك الأسهم الزائدة، ما لم توافق على موافقة المساهمين من التعديل الذي يزيد بشكل كاف من عدد الأسهم من الأسهم المشتركة إسوابل بموجب الخطة يتم الحصول عليها وفقا لأحكام الخطة. ال يجوز في أي حال من األحوال ممارسة الخيار فيما يتعلق بأي من أسهم األسهم اإلضافية ما لم يتم الحصول على موافقة حاملي هذه األسهم. 16. أوراق الغياب. وتنظم الأحكام التالية أحكام الإجازة، إلا إذا كان تطبيق هذه الأحكام على "أوبتيوني" مخالفا للقوانين المعمول بها. (أ) لأغراض هذه الاتفاقية، لا تعتبر خدمة أوبتيون 1400 مستمرة في أي فترة يكون فيها أوبتيوني في إجازة عسكرية أو إجازة مرضية أو إجازة شخصية أخرى توافق عليها المؤسسة. ومع ذلك، لن يتلقى أوبتيون أي رصيد خدمة مستمرة، لأغراض الاستحقاق في هذا الخيار وأسهم الخيار وفقا لجدول الانهاء المنصوص عليه في الجدول الأول المرفق، لأي فترة من فترات الإجازة هذه، باستثناء ما هو مطلوب خلاف ذلك من قبل القانون أو وفقا للسياسة التالية: - يتلقى أوبتيون الائتمان المستمر الخدمة لهذه الأغراض الاستحقاق ل (1) ثلاثة (3) أشهر الأولى من الإجازة الشخصية المعتمدة أو (2) سبعة أشهر (7) الأولى من أي (باستثناء إجازة شخصية معتمدة)، ولكن في أي حال من الأحوال لا يتجاوز تاريخ انتهاء هذه الإجازة. (ب) لا يعتبر في أي حال من الأحوال أن "أوبتيوني" يبقى في الخدمة المستمرة في أي وقت بعد تاريخ (1) تاريخ انتهاء إجازته، ما لم يعود أوبتيوني إلى الخدمة المستمرة النشطة في أو قبل ذلك التاريخ، أو (2) تاريخ الخيار (146) تنتهي الخدمة المستمرة فعلا بسبب إنهاء خدمته الطوعي أو غير الطوعي أو بسبب وفاته أو عجزه. 17. التوظيف في الإرادة. لا شيء في هذه الاتفاقية أو في الخطة يمنح أي شخص الحق في البقاء في مركز الموظف لأي فترة محددة أو يتعارض أو يقيد بأي شكل من الأشكال حقوق المؤسسة (أو أي كيان ذي صلة يستخدم أوبتيون) أو من أوبتيون ، الحقوق التي تحتفظ بها صراحة بموجب كل منهما، لإنهاء Optionee146s حالة الموظف في أي وقت لأي سبب، مع أو بدون سبب. 18. نشرة اإلصدار. النشرة الرسمية للخطة متاحة على الشبكة الداخلية للمؤسسة 146 على العنوان التالي: gnetHRstocksnew. asp. كما يمكن أن يحصل أوبتيوني على نسخة مطبوعة من نشرة اإلصدار عن طريق االتصال بإدارة األسهم إما عن طريق اإلنترنت في إدارة المخزون أو عن طريق االتصال بالرقم 650-522-5517. 19. قبول أوبتيوني. يجب على أوبتيوني قبول شروط وأحكام هذه الاتفاقية إما إلكترونيا من خلال إجراءات القبول الإلكتروني التي وضعتها المؤسسة أو من خلال قبول مكتوب تسليمها إلى المؤسسة في شكل مرض للمؤسسة. ولا يجوز بأي حال من الأحوال ممارسة هذا الخيار في غياب هذا القبول. وإثباتا لما تقدم، تسببت شركة جلعاد للعلوم في تنفيذ هذه الاتفاقية نيابة عنها من قبل الضابط المفوض لها حسب الأصول في اليوم والسنة الأولى المشار إليها أعلاه. تكون التعاريف التالية سارية المفعول بموجب الاتفاق: أ. يعني المدير لجنة التعويضات التابعة للمجلس (أو لجنة فرعية منها) التي تعمل بصفته المسؤول عن الخطة. ب - يعني الاتفاق اتفاقية خيار الأسهم هذه..ج یجب أن یکون ل فترة التسریع المعمول بھا المعنی المعین لھذا المصطلح في القسم 2 (ب) من الخطة ویتم تحدیدھا علی أساس حالة أوبتيون i146 في تاریخ المنح. د. القوانين المعمول بها تعني المتطلبات القانونية المتعلقة بالخطة والخيار بموجب الأحكام المعمول بها في قوانين الأوراق المالية الاتحادية وقوانين الشركات والأوراق المالية للدولة، والمدونة، وقواعد أي سوق الأوراق المالية السارية التي يتم سرد الأسهم المشتركة ل والتداول، وقواعد أي ولاية خارج الولايات المتحدة تنطبق على الخيارات الممنوحة للمقيمين فيها. ه - مجلس اإلدارة: مجلس إدارة المؤسسة. (و) يعني السبب، لأغراض الفقرة 5 من الاتفاق، إنهاء الخدمة المستمرة من قبل Optioné146s نتيجة للخيار أوبتيون (146) (1) أداء أي فعل، أو الإخفاق في القيام بأي عمل، وبسوء نية، وعلى حساب (2) عدم الأمانة أو سوء السلوك المتعمد أو المخالفة المادية لأي سياسة مطبقة من قبل المؤسسة أو الكيان ذي الصلة أو خرق مادي لأي اتفاق مع المؤسسة أو الكيان ذي الصلة أو (3) ارتكاب جريمة تنطوي على خداع أو خرق أو الضرر الجسدي أو العاطفي لأي شخص. ومع ذلك، لأغراض الفقرة 6 (د) من الاتفاق، يعني السبب إنهاء الخدمة المستمرة من قبل Optioni146s نتيجة للاختيار أوبتيون 146 (أ) إدانة، أو نداء مذنب فيما يتعلق، أو نداء من نولو كونتندر، على أن يكون أوبتيوني قد ارتكب جناية بموجب قوانين الولايات المتحدة أو أية دولة أو جريمة تنطوي على شرف معنوي، بما في ذلك (على سبيل المثال لا الحصر) الغش أو السرقة أو الاختلاس أو أي جريمة ينتج عنها أو يقصد بها أن تؤدي إلى إثراء شخصي (ب) خرق مادي لأي اتفاق مبرم بين شركة أوبتيون أو المؤسسة أو كيان ذي صلة يعرقل المؤسسة 146 أو الكيان ذي الصلة (146) مصلحة فيه (ج) سوء السلوك المتعمد أو الفشل الكبير في الأداء وواجباته أو إهماله الجسيم لواجباته أو (د) الانخراط في أي نشاط يشكل تضاربا جوهريا في المصالح مع المؤسسة أو الكيان ذي الصلة. ز. التغري يف السيطرة يعني التغري يف ملكية اأو مراقبة املوؤسسة من خالل اأي من املعامالت التالية:) 1 (الدمج اأو الدمج اأو اأي اإعادة تنظيم اأخرى معتمدة من قبل مساهمي املوؤسسة، ما مل تكن السندات التي متثل اأكرث من خمسني يف املئة) 50 من إجمالي القوة التصويتية المجمعة لأوراق التصويت للشركة الخلف بعد ذلك مباشرة تكون مملوكة بشكل مباشر أو مباشر أو غير مباشر وبنفس النسبة إلى حد كبير من قبل الأشخاص الذين يمتلكون بشكل فعال سندات التصويت المعلقة للشركة مباشرة قبل هذه المعاملة (2) بيع أو نقل أو التصرف في جميع أصول المؤسسة أو معظمها بشكل أساسي) 3 (إغالق أي معاملة أو سلسلة من المعامالت ذات الصلة التي بموجبها يكون أي شخص أو مجموعة من األشخاص تتألف من 147 مجموعة 148 وفقا لمعنى المادة 13 د -5) ب) (1) من قانون 1934 (بخلاف المؤسسة أو الشخص الذي قبل هذه المعاملة أو (بشكل مباشر أو غير مباشر) سواء كان ذلك نتيجة لاقتناء واحد أو بسبب واحد أو أكثر من عمليات االستحواذ خالل فترة اإلثني عشر (12) (في إطار المعنى الوارد في المادة 13 د -3 من قانون 1934) للأوراق المالية التي تمتلك (أو قابلة للتحويل إلى أو يمكن ممارستها للأوراق المالية التي تمتلكها) أكثر من خمسين في المئة (50) من المجموع المشترك (التي يتم قياسها من حيث القدرة على التصويت فيما يتعلق بانتخاب أعضاء مجلس اإلدارة) القائمة مباشرة بعد إتمام هذه المعاملة أو سلسلة من المعامالت ذات الصلة، سواء كانت هذه المعاملة تنطوي على إصدار مباشر من المؤسسة) أو حيازة أوراق مالية معلقة محتفظ بها من قبل واحد أو أكثر من حاملي أسهم الشركة الحاليين أو) 4 (تغيير في الشركة (12) شهرا متتالية أو أقل بحيث تتوقف أغلبية أعضاء مجلس الإدارة عن إجراء انتخابات أو أكثر من أعضاء مجلس الإدارة المتنازع عليها، من أفراد إما (أ) كانوا يتم انتخاب أعضاء مجلس اإلدارة بشكل مستمر منذ بداية تلك الفترة أو) ب (انتخابهم أو ترشحهم ألعضاء مجلس اإلدارة خالل تلك الفترة من قبل أغلبية أعضاء مجلس اإلدارة المذكورين في البند) أ (أعاله والذين كانوا ال يزالون في منصبه في ذلك الوقت) وافق المجلس على هذا الانتخاب أو الترشيح. غير أنه لا يجوز في أي حال من الأحوال اعتبار التغيير في المراقبة عند الاندماج أو الدمج أو إعادة التنظيم الأخرى التي تؤدي أساسا إلى تغيير تأسيس مؤسسة 146 أو إنشاء هيكل شركة قابضة تصبح بموجبه المؤسسة مملوكة بالكامل وهي شركة تابعة لجهة تكون أوراقها التصويتية بعد تشكيلها مباشرة مملوكة بصورة مباشرة أو غير مباشرة وبنسبة مماثلة إلى حد كبير من قبل األشخاص الذين يمتلكون سندات التصويت المستحقة للشركة بشكل مباشر قبل تشكيل هذه المنشأة. حاء - الرمز يعني قانون الإيرادات الداخلية لعام 1986، بصيغته المعدلة. 1. الأسهم المشتركة تعني الأسهم من الأسهم العادية للمؤسسة. يكون للإنهاء البناءي المعنى المعين لهذا المصطلح في القسم 11 (د) من الخطة. ك. يعني المستشار أي شخص، بما في ذلك مستشار، يتم تعويضه من قبل المؤسسة أو أي كيان ذي صلة للخدمات المقدمة كخبير استشاري غير موظف، على أن المصطلح 147Consultant 148 لا يجب أن يشمل أعضاء غير الموظفين الذين يعملون بصفتهم كأعضاء في المجلس. يجب أن يشمل مصطلح 147Consultant148 عضوا في مجلس إدارة كيان ذي صلة. ل - تعني الخدمة المستمرة أداء الخدمات للمؤسسة أو كيان ذي صلة (سواء كان قائما حاليا أو لاحقا) من قبل شخص بصفته موظف أو مدير أو مستشار. For purposes of this Agreement, Optionee shall be deemed to cease Continuous Service immediately upon the occurrence of either of the following events: (i) Optionee no longer performs services in any of the foregoing capacities for the Corporation or any Related Entity or (ii) the entity for which Optionee is performing such services ceases to remain a Related Entity of the Corporation, even though Optionee may subsequently continue to perform services for that entity. In jurisdictions requiring notice in advance of an effective termination of Optionee146s service as an Employee, Director or Consultant, Continuous Service shall be deemed terminated upon the actual cessation of such service to the Corporation or a Related Entity notwithstanding any required notice period that must be fulfilled before Optionee146s termination as an Employee, Director or Consultant can be effective under Applicable Laws. M. Corporation shall mean Gilead Sciences, Inc. a Delaware corporation, and any successor corporation to all or substantially all of the assets or voting stock of Gilead Sciences, Inc. which shall by appropriate action adopt the Plan. N. Director shall mean a member of the Board. O. Employee shall mean an individual who is in the employ of the Corporation (or any Related Entity), subject to the control and direction of the employer entity as to both the work to be performed and the manner and method of performance. P. Exercise Date shall mean the date on which the option shall have been exercised in accordance with Paragraph 9 of the Agreement. Q. Exercise Price shall mean the exercise price payable per Option Share as specified in attached Schedule I. R. Expiration Date shall mean the date specified on attached Schedule I for measuring the maximum term for which the option may remain outstanding. S. Fair Market Value per share of Common Stock on any relevant date shall be the closing price per share of Common Stock (or the closing bid, if no sales were reported) on that date, as quoted on the Stock Exchange that is at the time serving as the primary trading market for the Common Stock provided, however, that if there no reported closing price or closing bid for that date, then the closing price or closing bid, as applicable, for the last trading date on which such closing price or closing bid was quoted shall be determinative of such Fair Market Value. The applicable quoted price shall be as reported in The Wall Street Journal or such other source as the Administrator deems reliable. T. Grant Date shall mean the date on which the option is granted, as specified on attached Schedule I. U. Living Trust shall mean a revocable living trust established by Optionee or by Optionee and his or her spouse of which Optionee is the sole trustee (or sole co-trustee with his or her spouse) and sole beneficiary (or sole co-beneficiary with his or her spouse) during Optionee146s lifetime. V. 1934 Act shall mean the Securities Exchange Act of 1934, as amended from time to time. W. Non-Statutory Option shall mean an option not intended to satisfy the requirements of Code Section 422. X. Notice of Exercise shall mean the notice of option exercise in the form authorized by the Corporation. Y. Option Shares shall mean the number of shares of Common Stock subject to the option as specified in attached Schedule I. Z. Optionee shall mean the person identified in attached Schedule I to whom the option is granted pursuant to the Agreement. AA. Parent shall mean a 147parent corporation,148 whether now existing or hereafter established, as defined in Section 424(e) of the Code. BB. Permanent Disability shall mean the inability of Optionee to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment which is expected to result in death or to be of continuous duration of twelve (12) months or more. CC. Plan shall mean the Corporation146s 2004 Equity Incentive Plan, as amended from time to time. DD. Related Entity shall mean (i) any Parent or Subsidiary of the Corporation and (ii) any corporation in an unbroken chain of corporations beginning with the Corporation and ending with the corporation in the chain for which Optionee provides services as an Employee, Director or Consultant, provided each corporation in such chain owns securities representing at least twenty percent (20) of the total outstanding voting power of the outstanding securities of another corporation or entity in such chain and there is a legitimate non-tax business purpose for making this option grant to Optionee. EE. Stock Exchange shall mean the American Stock Exchange, the Nasdaq Global or Global Select Market or the New York Stock Exchange. FF. Subsidiary shall mean a 147subsidiary corporation,148 whether now existing or hereafter established, as defined in Section 424(f) of the Code. GG. Vesting Schedule shall mean the schedule set forth in attached Schedule I, pursuant to which the option is to vest and become exercisable for the Option Shares in a series of installments over Optionee146s period of Continuous Service. HH. Withholding Taxes shall mean the federal, state, local andor foreign income taxes and the employee portion of the federal, state, local andor foreign employment taxes required to be withheld by the Corporation in connection with the exercise of the option. OPTION GRANT SPECIFICS Name of Optionee: laquoFIRSTNAMEraquo laquoMIDDLENAMEraquo laquoLASTNAMEraquo Grant Date: laquoDATEraquo laquoMONTHraquo laquoYEARraquo Total Number of Option Shares: laquoSHARESGRANTEDraquo Exercise Price: laquoOPTIONPRICEraquoEXECUTIVE EMPLOYMENT AGREEMENT THIS EXECUTIVE EMPLOYMENT AGREEMENT (this 147Agreement148), dated as of August 21, 2012, (the 147Effective Date148) is made and entered by and between Symantec Corporation, a Delaware corporation (the 147Company148), and Steve Bennett (the 147Executive148). WHEREAS, the Executive is currently employed as the Company146s President and Chief Executive Officer and is expected to make major contributions to the short - and long-term profitability, growth and financial strength of the Company WHEREAS, the Company has determined that appropriate arrangements should be taken to encourage the continued attention and dedication of the Executive to his assigned duties without distraction and WHEREAS, in consideration of the Executive146s employment with the Company, the Company desires to provide the Executive with certain compensation and benefits as set forth in this Agreement in order to ameliorate the financial and career impact on the Executive in the event the Executive146s employment with the Company is terminated for a reason related to, or unrelated to, a Change in Control (as defined below) of the Company. NOW, THEREFORE, in consideration of the foregoing and the mutual covenants and agreements hereinafter set forth and intending to be legally bound hereby, the Company and the Executive agree as follows: 1. Certain Defined Terms . In addition to terms defined elsewhere herein, the following terms have the following meanings when used in this Agreement with initial capital letters: (a) 147Annual Base Salary148 means the Executive146s annual base salary rate, exclusive of bonuses, commissions and other incentive pay, as in effect immediately preceding Executive146s Termination Date. As of the Effective Date, Executive146s annual base salary is 1,000,000. (b) 147Board148 means the Board of Directors of the Company. (c) 147Cause148 means: (i) an intentional tort (excluding any tort relating to a motor vehicle) which causes substantial loss, damage or injury to the property or reputation of the Company or its subsidiaries (ii) any serious crime or intentional, material act of fraud or dishonesty against the Company (iii) the commission of a felony that results in other than immaterial harm to the Company146s business or to the reputation of the Company or Executive (iv) habitual neglect of Executive146s reasonable duties (for a reason other than illness or incapacity) which is not cured within ten (10) days after written notice thereof by the Board to the Executive (v) the disregard of written, material policies of the Company or its subsidiaries which causes other than immaterial loss, damage or injury to the property or reputation of the Company or its subsidiaries which is not cured within ten (10) days after written notice thereof by the Board to the Executive or (vi) any material breach of the Executive146s ongoing obligation not to disclose confidential information and not to assign intellectual property developed during employment which, if capable of being cured, is not cured within ten (10) days after written notice thereof by the Board to the Executive. (d) 147Change in Control148 means: (i) any person or entity becoming the beneficial owner, directly or indirectly, of securities of the Company representing forty (40) percent of the total voting power of all its then outstanding voting securities (ii) a merger or consolidation of the Company in which its voting securities immediately prior to the merger or consolidation do not represent, or are not converted into securities that represent, a majority of the voting power of all voting securities of the surviving entity immediately after the merger or consolidation (iii) a sale of substantially all of the assets of the Company or a liquidation or dissolution of the Company or (iv) individuals who, as of the date of the signing of this Agreement, constitute the Board of Directors (the 147Incumbent Board148) cease for any reason to constitute at least a majority of such Board provided that any individual who becomes a director of the Company subsequent to the date of the signing of this A greement, whose election, or nomination for election by the Company stockholders, was approved by the vote of at least a majority of the directors then in office shall be deemed a member of the Incumbent Board. (e) 147COBRA148 means the Consolidated Omnibus Budget Reconciliation Act of 1986, as amended. (f) 147Disability148 means ( i) the Executive has been incapacitated by bodily injury, illness or disease so as to be prevented thereby from engaging in the performance of the Executive146s duties (provided, however, that the Company acknowledges its obligations to provide reasonable accommodation to the extent required by applicable law) (ii) such total incapacity shall have continued for a period of six (6) consecutive months and (iii) such incapacity will, in the opinion of a qualified physician, be permanent and continuous during the remainder of the Executive146s life. (g) 147Good Reason Termination148 means: (i) a material diminution in the Executive146s base compensation or target bonus below the amount as of the date of this Agreement or as increased during the course of his employment with the Company, excluding one or more reductions (totaling no more than 20 in the aggregate) generally applicable to all senior executives provided, however, that such exclusion shall not apply if the material diminution in the Executive146s base compensation occurs within (A) 60 days prior to the consummation of a Change in Control where such Change in Control was under consideration at the time of Executive146s Termination Date or (B) twelve (12) months after the date upon which such a Change in Control occurs (ii) a material diminution in the Executive146s authority, duties or responsibilities (iii) a requirement that that the Executive report to a corporate officer or employee of the Company instead of reporting directly to the Board (or if the Company has a p arent corporation, a requirement that the Executive report to any individual or entity other than the board of the ultimate parent corporation of the Company) (iv) a material diminution in the budget over which the Executive retains authority (v) a material change in the geographic location at which the Executive must perform services or (vi) any action or inaction that constitutes a material breach by the Company of this Agreement provided, however, that for the Executive to be able to terminate his employment with the Company on account of Good Reason he must provide notice of the occurrence of the event constituting Good Reason and his desire to terminate his employment with the Company on account of such within ninety (90) days following the initial existence of the condition constituting Good Reason, and the Company must have a period of thirty (30) days following receipt of such notice to cure the condition. If the Company does not cure the event constituting Good Reason within such thirty (30) day period, the Executive146s Termination Date shall be the day immediately following the end of such thirty (30) day period, unless the Company provides for an earlier Termination Date. (h) 147Target Bonus148 means the target payout (i. e. at 100 achievement of each of the applicable metric(s) in effect from time to time) under the Company146s Executive Annual Incentive Plan in effect for the Executive as of the Termination Date. As of the Effective Date, Executive146s target bonus percentage under the Executive Annual Incentive Plan is 150 of annual base salary. (i) 147Termination Date148 means the last day of Executive146s employment with the Company. (j) 147Termination of Employment148 means the termination of Executive146s active employment relationship with the Company. 2. Termination Unrelated to a Change in Control . (a) Involuntary Termination Unrelated to a Change in Control . In the event of: (i) an involuntary termination of Executive146s employment by the Company for any reason other than Cause, death or Disability, or (ii) Executive146s resignation for Good Reason, and if Section 3 does not apply, Executive shall be entitled to the benefits provided in subsection (b) of this Section 2. (b) Compensation Upon Termination Unrelated to a Change in Control . Subject to the provisions of Section 5 hereof, in the event a termination described in subsection (a) of this Section 2 occurs, the Company shall provide Executive with the following, provided that Executive executes and does not revoke the Release (as defined in Section 5): (i) 1.5 times the sum of Annual Base Salary and Target Bonus , paid in a single lump sum cash payment on the sixtieth (60th) day following Executive146s Termination Date. (For purposes of this subsection (i), Annual Base Salary will mean the largest among the following: Executive146s annual base salary immediately prior to (A) Executive146s Termination Date, or (B) any reduction of Executive146s base salary described in the first clause of subsection (i) in the definition of Good Reason. For purposes of this subsection (i), Target Bonus will mean the largest among the following: Executive146s target bonus immediately prior to (A) Executive146s Termination Date, or (B) any reduction of Executive146s target bonus described in the first clause of subsection (i) in the definition of Good Reason.) (ii) For a period of up to eighteen (18) months following Executive146s Termination Date, Executive and where applicable, Executive146s spouse and eligible dependents, will continue to be eligible to receive medical coverage under the Company146s medical plans in accordance with the terms of the applicable plan documents provided, that in order to receive such cont inued coverage at such rates, Executive will be required to pay the applicable premiums to the plan provider, and the Company will reimburse the Executive, within 60 days following the date such monthly premium payment is due, an amount equal to the monthly COBRA premium payment, less applicable tax withholdings. Notwithstanding the foregoing, if Executive obtains full-time employment during this eighteen (18) month period that entitles him and his spouse and eligible dependents to comprehensive medical coverage, Executive must notify the Company and no further reimbursements will be paid by the Company to the Executive pursuant to this subsection. In addition, if Executive does not pay the applicable monthly COBRA premium for a particular month at any time during the eighteen (18) month period and coverage is lost as a result, no further reimbursements will be paid by the Company to the Executive pursuant to this subsection. Notwithstanding the above, if the Company determines in its sole discretion that it cannot provide the foregoing COBRA benefits without potentially violating applicable law (including, without limitation, Section 2716 of the Public Health Service Act), the Company shall in lieu thereof provide to Executive a taxable lump-sum payment in an amount equal to the monthly (or then remaining) COBRA premium that Executive would be required to pay to continue his group health coverage in effect on the Termination Date (which amount shall be based on the premium for the first month of COBRA coverage). (iii) With respect to any outstanding Company stock options held by the Executive as of his Termination Date that are not vested and exercisable as of such date, the Company shall accelerate the vesting of that portion of the Executive146s stock options, if any, which would have vested and become exercisable within the eighteen (18) month period after the Executive146s Termination Date, such options (as well as any outstanding stock options that previously became vested and exercisable) to remain exercisable, notwithstanding anything in any other agreement governing such options, until the earlier of (A) a period of one year after the Executive146s Termination Date, or (B) the original term of the option. Except as provided in this Section 2(b)(iii) and in Section 3(b)(iii) below, any portion of Executive146s outstanding stock options that are not vested and exercisable as of Executive146s Termination Date shall terminate. (iv) With respect to any restricted stock units representing shares of Company common stock (147Restricted Stock Units148) held by the Executive that are unvested at the time of his Termination Date, the number of unvested Restricted Stock Units that would have vested within the eighteen (18) month period after the Executive146s Termination Date shall vest, and settle not later than sixty (60) days following the Termination Date. Except as provided in this Section 2(b)(iv) and in Section 3(b)(iv) below, any Restricted Stock Units that are not vested as of Executive146s Termination Date shall terminate. (v) Any amounts that have been accrued for the account of the Executive under the Company146s Long Term Incentive Plan (147LTIP148) that have not been released to the Executive as of the Termination Date shall be released to the executive, as applicable, in accordance with the terms of any applicable LTIP then in effect under the circumstances described therein as an involuntary termination other than for cause. (vi) With respect to any Performance-based Restricted Stock Units (147PRUs148) held by the Executive that have not been released to the Executive pursuant to the terms of the applicable Performance Based Restricted Share Unit Award Agreement (the 147PRU Agreement148) as of the Termination Date shall be treated in accordance with the terms of the applicable PRU Agreement as an involuntary termination other than for cause. (vii) With respect to any Performance Contingent Stock Units (147PCSUs148) held by the Executive that have not been released to the Executive pursuant to the terms of the applicable Performance Contingent Stock Unit Agreement (the 147PCSU Agreement148) as of the Termination Date shall be treated in accordance with the terms of the applicable PCSU Agreement as an involuntary termination other than for cause. (viii) Executive shall receive any amounts earned, accrued or owing but not yet paid to Executive as of his Termination Date, payable in a lump sum, and any benefits accrued or earned in accordance with the terms of any applicable benefit plans and programs of the Company. 3. Termination Related to a Change in Control . (a) Involuntary Termination Relating to a Change in Control . In the event Executive146s employment is terminated on account of (i) an involuntary termination by the Company for any reason other than Cause, death or Disability, or (ii) the Executive voluntarily terminates employment with the Company on account of a resignation for Good Reason, in either case that occurs (x) at the same time as, or within the twelve (12) month period following, the consummation of a Change in Control or (y) within the sixty (60) day period prior to the date of a Change in Control where the Change in Control was under consideration at the time of Executive146s Termination Date, then Executive shall be entitled to the benefits provided in subsection (b) of this Section 3. (b) Compensation Upon Involuntary Termination Relating to a Change in Control . Subject to the provisions of Section 5 hereof, in the event a termination described in subsection (a) of this Section 3 occurs, the Company shall provide that the following be paid to the Executive after his Termination Date, provided that Executive executes and does not revoke the Release: (i) 2.0 times the sum of Annual Base Salary and Target Bonus, paid in a single lump sum cash payment on the sixtieth (60th) day following Executive146s Termination Date. Notwithstanding the foregoing, to the extent Executive is entitled to receive the severance benefit payable pursuant to Section 2(b)(i) as a result of a qualifying termination prior to a Change in Control and then becomes entitled to receive the severance benefit payable pursuant to this Section 3 as a result of the Change in Control that was considered at the time of Executive146s Termination Date becoming consummated within sixty (60) days following Executive146s Termination Date, Executive shall not receive the severance benefit payable pursuant to Section 2(b)(i) of this Agreement, but instead shall receive the severance benefit payable pursuant to this Section 3(b)(i) on the sixtieth (60th) day following Executive146s Termination Date. (For purposes of this subsection (i), Annual Base Salary will mean the largest among the following: Executive146s annual base salary immediately prior to (A) Executive146s Termination Date, (B) any reduction of Executive146s base salary described in the first clause of subsection (i) in the definition of Good Reason, or (C) immediately prior to the Change in Control. For purposes of this subsection (i), Target Bonus will mean the largest among the following: Executive146s target bonus (A) immediately prior to Executive146s Termination Date, (B) immediately prior to any reduction of Executive146s target bonus described in the first clause of subsection (i) in the definition of Good Reason, (C) immediately prior to the Change in Control, or (d) for the fiscal year preceding the year in which the Change in Control.) (ii) For a period of up to twenty-four (24) months following Executive146s Termination Date, Executive and where applicable, Executive146s spouse and eligible dependents, will continue to be eligible to receive medical coverage under the Company146s medical plans in accordance with the terms of the applicable plan documents provided, that in order to receive such continued coverage at such rates, Executive will be required to pay the applicable premiums to the plan provider, and the Company will reimburse the Executive, within sixty (60) days following the date such monthly premium payment is due, an amount equal to the monthly COBRA (or, as applicable, other) premium payment, less applicable tax withholdings. Notwithstanding the foregoing, if Executive obtains full-time employment during this twenty-four (24) month period that entitles him and his spouse and eligible dependents to comprehensive medical coverage, Executive must notify the Company and no further reimbursements will be paid by the Company to the Executive pursuant to this subsection. In addition, if Executive does not pay the applicable monthly COBRA (or other) premium for a particular month at any time during the twenty-four (24) month period and coverage is lost as a result, no further reimbursements will be paid by the Company to the Executive pursuant to this subsection. Notwithstanding the foregoing, to the extent Executive is entitled to receive the severance benefit provided pursuant to Section 2(b)(ii) of the Agreement as a result of a qualifying termination prior to a Change in Control, if Executive becomes entitled to receive the severance benefits payable pursuant to this Section 3 as a result of the Change in Control that was considered at the time of Executive146s Termination Date becoming consummated within sixty (60) days following Executive146s Termination Date, Executive shall be entitled to receive the severance benefit provided pursuant to this clause (ii) and not the benefit provided pursuant to Section 2(b)(ii). Notwithstanding the above, if the Company determines in its sole discretion that it cannot provide the foregoing COBRA benefits without potentially violating applicable law (including, without limitation, Section 2716 of the Public Health Service Act), the Company shall in lieu thereof provide to Executive a taxable lump-sum payment in an amount equal to the monthly (or then remaining) COBRA premium that Executive would be required to pay to continue his group health coverage in effect on the Termination Date (which amount shall be based on the premium for the first month of COBRA coverage). (iii) With respect to any outstanding Company stock options held by the Executive as of his Termination Date, the Company shall fully accelerate the vesting and exercisability of such stock options, so that all such stock options shall be fully vested and exercisable as of Executive146s Termination Date, such options (as well as any outstanding stock options that previously became vested and exercisable) to remain exercisable, notwithstanding anything in any other agreement governing such options, until the earlier of (A) a period of one year after the Executive146s Termination Date, or (B) the original term of the option. Notwithstanding the foregoing, to the extent Executive is entitled to receive the vesting and exercisability acceleration provided pursuant to Section 2(b)(iii) of the Agreement as a result of a qualifying termination prior to a Change in Control, if Executive becomes entitled to receive the severance benefits payable pursuant to this Section 3 as a result of the Change in Control that was considered at the time of Executive146s Termination Date becoming consummated within sixty (60) days following Executive146s Termination Date, any outstanding stock options that did not become vested and exercisable pursuant to Section 2(b)(iii) shall become vested and exercisable as of the date of the Change in Control provided, however, if a Change in Control does not occur within sixty (60) days following Executive146s Termination Date, any stock options held by Executive that are not vested and exercisable shall terminate as of the sixtieth (60th) day following Executive146s Termination Date or t he end of the term, if earlier. (iv) With respect to any Restricted Stock Units held by the Executive that are unvested at the time of his Termination Date, all such unvested Restricted Stock Units shall vest and settle not later than sixty (60) days following the Termination Date. Notwithstanding the foregoing, to the extent Executive is entitled to receive the vesting acceleration provided pursuant to Section 2(b)(iv) of the Agreement as a result of a qualifying termination prior to a Change in Control, if Executive becomes entitled to receive the severance benefits payable pursuant to this Section 3 as a result of the Change in Control that was considered at the time of Executive146s Termination Date becoming consummated within sixty (60) days following Executive146s Termination Date, any outstanding Restricted Stock Units that did not become vested pursuant to Section 2(b)(iv) shall become vested as of the date of the Change in Control provided, however, if a Change in Control does not occur within sixty (60) days following Executive146s Termination Date, any Restricted Stock Units held by Executive that are not vested shall terminate as of the sixtieth (60th) day following Executive146s Termination Date. (v) Any amounts that have been accrued for the account of the Executive under the LTIP that have not been released to the Executive as of the Termination Date shall be released to the executive, as applicable, in accordance with the terms of any applicable LTIP then in effect under the circumstances described therein as a 147Change of Control of the Company148 (as defined therein).With respect to any PRUs held by the Executive that have not been released to the Executive pursuant to the terms of the applicable PRU Agreement as of the Termination Date shall be treated in accordance with the terms of the applicable PRU Agreement as a 147Change of Control of the Company148 (as defined therein). (vi) With respect to any PCSUs held by the Executive that have not been released to the Executive pursuant to the terms of the applicable PCSU Agreement as of the Termination Date shall be treated in accordance with the terms of the applicable PCSU Agreement as a 147Change of Control of the Company148 (as defined therein). (vii) Executive shall receive any amounts earned, accrued or owing but not yet paid to Executive as of his Termination Date, payable in a lump sum, and any benefits accrued or earned in accordance with the terms of any applicable benefit plans and programs of the Company. (c) Consequence of a Change in Control . Notwithstanding the terms of the Symantec 2004 Executive Incentive Plan (the 1472004 Plan148), if, as of the date of a Change in Control, Executive holds stock options issued under the 2004 Plan that are not vested and exercisable, such stock options shall become fully vested and exercisable as of the date of the Change in Control if the acquirer does not agree to assume or substitute for equivalent stock options such outstanding stock options. 4. Termination of Employment on Account of Disability, Death, Cause or Voluntarily Without Good Reason . (a) Termination on Account of Disability . Notwithstanding anything in this Agreement to the contrary, if Executive146s employment terminates on account of Disability, Executive shall be entitled to receive disability benefits under any disability program maintained by the Company that covers Executive, and Executive shall not receive benefits pursuant to Sections 2 and 3 hereof, except that, subject to the provisions of Section 5 hereof, the Executive shall be entitled to the following benefits provided that Executive executes and does not revoke the Release: (i) For a period of up to eighteen (18) months following Executive146s Termination Date, Executive and where applicable, Executive146s spouse and eligible dependents, will continue to be eligible to receive medical coverage under the Company146s medical plans in accordance with the terms of the applicable plan documents provided, that in order to receive such continued coverage at such rates, Executive will be required to pay the applicable premiums to the plan provider, and the Company will reimburse the Executive, within 60 days following the date such monthly premium payment is due, an amount equal to the monthly COBRA premium payment, less applicable tax withholdings. Notwithstanding the foregoing, if Executive obtains full-time employment during this eighteen (18) month period that entitles him and his spouse and eligible dependents to comprehensive medical coverage, Executive must notify the Company and no further reimbursements will be paid by the Company to the Executive pursuant to this subsection. In addition, if Executive does not pay the applicable monthly COBRA premium for a particular month at any time during the eighteen (18) month period and coverage is lost as a result, no further reimbursements will be paid by the Company to the Executive pursuant to this subsection. Notwithstanding the above, if the Company determines in its sole discretion that it cannot provide the foregoing COBRA benefits without potentially violating applicable law (including, without limitation, Section 2716 of the Public Health Service Act), the Company shall in lieu thereof provide to Executive a taxable lump-sum payment in an amount equal to the monthly (or then remaining) COBRA premium that Executive would be required to pay to continue his group health coverage in effect on the Termination Date (which amount shall be based on the premium for the first month of COBRA coverage). (ii) With respect to any outstanding Company stock options held by the Executive as of his Termination Date that are not vested and exercisable as of such date, the Company shall fully accelerate the vesting and exercisability of such stock options, so that all such stock options shall be fully vested and exercisable as of the Executive146s Termination Date, such options (as well as any outstanding stock options that previously became vested and exercisable) to remain exercisable, notwithstanding anything in any other agreement governing such options, until the earlier of (A) a period of one year after the Executive146s Termination Date, or (B) the original term of the option. (iii) With respect to any Restricted Stock Units held by the Executive that are unvested at the time of his Termination Date, all such unvested Restricted Stock Units shall vest and settle not later than sixty (60) days following his Termination Date. (iv) Any amounts that have been accrued for the account of the Executive under the LTIP that have not been released to the Executive as of the Termination Date shall be released to the executive, as applicable, in accordance with the terms of any applicable LTIP then in effect under the circumstances described therein as a termination by reason of total and permanent disability. (v) With respect to any PRUs held by the Executive that have not been released to the Executive pursuant to the terms of the applicable PRU Agreement as of the Termination Date shall be treated in accordance with the terms of the applicable PRU Agreement as a termination of employment by reason of total and permanent disability. (vi) With respect to any PCSUs held by the Executive that have not been released to the Executive pursuant to the terms of the applicable PCSU Agreement as of the Termination Date shall be treated in accordance with the terms of the applicable PCSU Agreement as a termination of employment by reason of total and permanent disability. (b) Termination on Account of Death . Notwithstanding anything in this Agreement to the contrary, if Executive146s employment terminates on account of death, Executive shall be entitled to receive death benefits under any death benefit program maintained by the Company that covers Executive, and Executive not receive benefits pursuant to Sections 2 and 3 hereof, except that, subject to the provisions of Section 5 hereof, the Executive shall be entitled to the following benefits provided that Executive146s estate executes and does not revoke the Release: (i) With respect to any outstanding Company stock options held by the Executive as of his death that are not vested and exercisable as of such date, the Company shall fully accelerate the vesting and exercisability of such stock options, so that all such stock options shall be fully vested and exercisable as of the Executive146s death, such options (as well as any outstanding stock options that previously became vested and exercisable) to remain exercisable, notwithstanding anything in any other agreement governing such options, until the earlier of (A) a period of one year after the Executive146s death or (B) the original term of the option. (ii) With respect to any Restricted Stock Units held by the Executive that are unvested at the time of his death, all such unvested Restricted Stock Units shall vest and settle not later than sixty (60) days following his death. (iii) Any amounts that have been accrued for the account of the Executive under the LTIP that have not been released to the Executive as of his death shall be released to the executive, as applicable, in accordance with the terms of any applicable LTIP then in effect under the circumstances described therein as a termination by reason of death. (iv) With respect to any PRUs held by the Executive that have not been released to the Executive pursuant to the terms of the applicable PRU Agreement as of his death shall be treated in accordance with the terms of the applicable PRU Agreement as a termination of employment by reason of death. (v) With respect to any PCSUs held by the Executive that have not been released to the Executive pursuant to the terms of the applicable PCSU Agreement as of his death shall be treated in accordance with the terms of the applicable PCSU Agreement as a termination of employment by reason of death. (c) Termination on Account of Cause . Notwithstanding anything in this Agreement to the contrary, if Executive146s employment terminates by the Company on account of Cause, Executive shall not receive benefits pursuant to Sections 2 and 3 hereof. (d) Termination on Account of Voluntary Resignation Without Good Reason . Notwithstanding anything in this Agreement to the contrary, if Executive146s employment terminates on account of a resignation by Executive for no reason or any reason other than on account of Good Reason, Executive shall not receive benefits pursuant to Sections 2 and 3 hereof. 5. Release . Notwithstanding the foregoing, no payments or other benefits under this Agreement shall be made unless Executive executes, and does not revoke, the Company146s standard written release , substantially in the form as attached hereto as Annex A, (the 147Release148), of any and all claims against the Company and all related parties with respect to all matters arising out of Executive146s employment by the Company (other than entitlements under the terms of this Agreement or under any other plans or programs of the Company in which Executive participated and under which Executive has accrued or become entitled to a benefit) or a termination thereof, with such release being effective not later than sixty (60) days following Executive146s Termination Date. 6. No Mitigation Obligation . Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise, nor shall the amount of any payment or benefit provided for herein be reduced by any compensation earned by other employment or otherwise. 7. Employment Rights . Nothing expressed or implied in this Agreement will create any right or duty on the part of the Company or the Executive to have the Executive remain in the employment of the Company or any subsidiary prior to or following any Change in Control. 8. PRU Agreement . Notwithstanding the provisions of the PRU Agreement, Executive146s Conditional PRU Award for the Performance Period beginning in fiscal year 2012 and ending at the end of fiscal year 2014 shall be not less than 80,000 PRUs (capitalized terms used in this Section 8 but not defined herein shall have the meanings ascribed to them in the PRU Agreement). (a) Withholding of Taxes . The Company may withhold from any amounts payable under this Agreement all federal, state, city or other taxes as the Company is required to withhold pursuant to any applicable law, regulation or ruling. (b) Parachute Excise Tax. In the event that any amounts payable under this Agreement or otherwise to Executive would (i) constitute 147parachute payments148 within the meaning of section 280G of the Internal Revenue Code of 1986, as amended (the 147Code148), or any comparable successor provisions and (ii) but for this Subsection (b) would be subject to the excise tax imposed by section 4999 of the Code or any comparable successor provisions (the 147Excise Tax148), then such amounts payable to Executive hereunder shall be either: (i) Provided to Executive in full or (ii) Provided to Executive to the maximum extent that would result in no portion of such benefits being subject to the Excise Tax whichever of the foregoing amounts, when taking into account applicable federal, state, local and foreign income and employment taxes, the Excise Tax and any other applicable taxes, results in the receipt by Executive, on an after-tax basis, of the greatest amount of benefits, notwithstanding that all or some portion of su ch benefits may be taxable under the Excise Tax. Unless the Company and Executive otherwise agree in writing, any determination required under this Subsection (b) shall be made in writing in good faith by a nationally recognized accounting firm (the 147Accountants148). In the event of a reduction in benefits hereunder, the reduction of the total payments shall apply as follows, unless otherwise agreed in writing and such agreement is in compliance with section 409A of the Code: (i) any cash severance payments subject to Section 409A of the Code due under this Agreement shall be reduced, with the last such payment due first forfeited and reduced, and sequentially thereafter working from the next last payment, (ii) any cash severance payments not subject to Section 409A of the Code due under this Agreement shall be reduced, with the last such payment due first forfeited and reduced, and sequentially thereafter working from the next last payment (iii) any acceleration of vesting of any equity subject to Section 409A of the Code shall remain as originally scheduled to vest, with the tranche that would vest last (without any such acceleration) first remaining as originally scheduled to vest and (iv) any acceleration of vesting of any equity not subject to Section 409A of the Code shall remain as originally scheduled to vest, with the tranche that would vest last (without any such acceleration) first remaining as originally scheduled to vest. For purposes of making the calculations required by this Subsection (b), the Accountants may make reasonable assumptions and approximations concerning applicable taxes and may rely on reasonable, good-faith interpretations concerning the application of the Code and other applicable legal authority. The Company and Executive shall furnish to the Accountants such information and documents as the Accountants may reasonably request in order to make a determination under this Subsection (b). The Company shall bear all costs that the Accountants may reasonably incur in connection with any calculations contemplated by this Subsection (b). If, notwithstanding any reduction described in this Subsection (b), the Internal Revenue Service (147IRS148) determines that Executive is liable for the Excise Tax as a result of the receipt of amounts payable under this Agreement or otherwise as described above, then Executive shall be obligated to pay back to the Company, within thirty (30) days after a final IRS determination or, in the event that Executive challenges the final IRS determination, a final judicial determination, a portion of such amounts equal to the Repayment Amount. The 147Repayment Amount148 with respect to the payment of benefits shall be the smallest such amount, if any, that is required to be paid to the Company so that Executive146s net after-tax proceeds with respect to any payment of benefits (after taking into account the payment of the Excise Tax and all other applicable taxes imposed on such payment) are maximized. The Repayment Amount with respect to the payment of benefits shall be zero if a Repayment Amount of more than zero would not result in Executive146s net after-tax proceeds with respect to the payment of such benefits being maximized. If the Excise Tax is not eliminated pursuant to this paragraph, Executive shall pay the Excise Tax. Notwithstanding any other provision of this Subsection (b), if (i) there is a reduction in the payment of benefits as described in this Subsection (b), (ii) the IRS later determines that Executive is liable for the Excise Tax, the payment of which would result in the maximization of Executive146s net after-tax proceeds (calculated as if Executive146s benefits had not previously been reduced), and (iii) Executive pays the Excise Tax, then the Company shall pay to Executive those benefits which were reduced pursuant to this Subsection (b) as soon as administratively possible after Executive pays the Excise Tax, so that Executive146s net after-tax proceeds with respect to the payment of benefits are maximized. 10. Term of Agreement . This Agreement shall continue in full force and effect until the third anniversary of the Effective Date (the 147Initial Term148), and shall automatically renew for additional one (1) year renewal periods (a 147Renewal Term148) if Executive is employed by the Company on the last day of the Initial Term and on each Renewal Term provided, however, that within the sixty (60) to ninety (90) day period prior to the expiration of the Initial Term or any Renewal Term, at its discretion, the Board may propose for consideration by Executive, such amendments to the Agreement as it deems appropriate. If Executive146s employment with the Company terminates during the Initial Term or a Renewal Term, this Agreement shall remain in effect until all of the obligations of the parties hereunder are satisfied or have expired. 11. Successors and Binding Agreement . (a) The Company will require any successor (whether direct or indirect, by purchase, merger, consolidation, reorganization or otherwise) to all or substantially all of the business or assets of the Company, by agreement in form and substance reasonably satisfactory to the Executive, expressly to assume and agree to perform this Agreement in the same manner and to the same extent the Company would be required to perform if no such succession had taken place. This Agreement will be binding upon and inure to the benefit of the Company and any successor to the Company, including without limitation any persons acquiring directly or indirectly all or substantially all of the business or assets of the Company whether by purchase, merger, consolidation, reorganization or otherwise (and such successor will thereafter be deemed the 147Company148 for the purposes of this Agreement), but will not otherwise be assignable, transferable or delegable by the Company. (b) This Agreement will inure to the benefit of and be enforceable by the Executive146s personal or legal representatives, executors, administrators, successors, heirs, distributees and legatees. This Agreement will supersede the provisions of any employment, severance or other agreement between the Executive and the Company that relate to any matter that is also the subject of this Agreement, and such provisions in such other agreements will be null and void. (c) This Agreement is personal in nature and neither of the parties hereto will, without the consent of the other, assign, transfer or delegate this Agreement or any rights or obligations hereunder except as expressly provided in Sections 10(a) and 10(b). Without limiting the generality or effect of the foregoing, the Executive146s right to receive payments hereunder will not be assignable, transferable or delegable, whether by pledge, creation of a security interest, or otherwise, other than by a transfer by the Executive146s will or by the laws of descent and distribution and, in the event of any attempted assignment or transfer contrary to this Section 10(c), the Company will have no liability to pay any amount so attempted to be assigned, transferred or delegated. 12. Notices . For all purposes of this Agreement, all communications, including without limitation notices, consents, requests or approvals, required or permitted to be given hereunder will be in writing and will be deemed to have been duly given when hand delivered or dispatched by electronic facsimile transmission (with receipt thereof orally confirmed), or five (5) business days after having been mailed by United States registered or certified mail, return receipt requested, postage prepaid, or three business days after having been sent by a nationally recognized overnight courier service such as FedEx or UPS, addressed to the Company (to the attention of the Secretary of the Company) at its principal executive office and to the Executive at his principal residence, or to such other address as any party may have furnished to the other in writing and in accordance herewith, except that notices of changes of address will be effective only upon receipt. 13. Section 409A of the Code . (a) Interpretation . Notwithstanding the other provisions hereof, this Agreement is intended to comply with the requirements of section 409A of the Code, to the extent applicable, and this Agreement shall be interpreted to avoid any penalty sanctions under section 409A of the Code. Accordingly, all provisions herein, or incorporated by reference, shall be construed and interpreted to comply with section 409A of the Code and, if necessary, any such provision shall be deemed amended to comply with section 409A of the Code and regulations thereunder. If any payment or benefit cannot be provided or made at the time specified herein without incurring sanctions under section 409A of the Code, then such benefit or payment shall be provided in full at the earliest time thereafter when such sanctions will not be imposed. Any amount payable under this Agreement that constitutes deferred compensation subject to section 409A of the Code shall be paid at the time provided under this Agreement or such other time as permitted under section 409A of the Code. No interest will be payable with respect to any amount paid within a time period permitted by, or delayed because of, section 409A of the Code. All payments to be made upon a termination of employment under this Agreement that are deferred compensation may only be made upon a 147separation from service148 under section 409A of the Code. For purposes of section 409A of the Code, each payment made under this Agreement shall be treated as a separate payment. In no event may Executive, directly or indirectly, designate the calendar year of payment. (b) Payment Delay . To the maximum extent permitted under section 409A of the Code, the severance benefits payable under this Agreement are intended to comply with the 147short-term deferral exception148 under Treas. ريج. 1671.409A-1(b)(4), and any remaining amount is intended to comply with the 147separation pay exception148 under Treas. ريج. 1671.409A-1(b)(9)(iii) provided, however, any amount payable to Executive during the six (6) month period following Executive146s Termination Date that does not qualify within either of the foregoing exceptions and constitutes deferred compensation subject to the requirements of section 409A of the Code, then such amount shall hereinafter be referred to as the 147Excess Amount.148 If at the time of Executive146s separation from service, the Company146s (or any entity required to be aggregated with the Company under section 409A of the Code) stock is publicly-traded on an established securities market or otherwise and Executive is a 147specified employee148 (as defined in section 409A of the Code and determined in the sole discretion of the Company (or any successor thereto) in accordance with the Company146s (or any successor thereto) 147specified employee148 determination policy), then the Company shall postpone the commencement of the payment of the portion of the Excess Amount that is payable within the six (6) month period following Executive146s Termination Date with the Company (or any successor thereto) for six (6) months following Executive146s Termination Date with the Company (or any successor thereto). The delayed Excess Amount shall be paid in a lump sum to Executive within ten (10) days following the date that is six (6) months following Executive146s Termination Date with the Company (or any successor thereto). If Executive dies during such six (6) month period and prior to the payment of the portion of the Excess Amount that is required to be delayed on account of section 409A of the Code, such Excess Amount shall be paid to the personal representative of Executive146s estate within sixty (60) days after Executive146s death. (c) Reimbursements . All reimbursements provided under this Agreement shall be made or provided in accordance with the requirements of section 409A of the Code, including, where applicable, the requirement that (i) any reimbursement is for expenses incurred during Executive146s lifetime (or during a shorter period of time specified in this Agreement), (ii) the amount of expenses eligible for reimbursement during a calendar year may not affect the expenses eligible for reimbursement in any other calendar year, (iii) the reimbursement of an eligible expense will be made on or before the last day of the taxable year following the year in which the expense is incurred, and (iv) the right to reimbursement is not subject to liquidation or exchange for another benefit. Any tax gross up payments to be made hereunder shall be made not later than the end of Executive146s taxable year next following Executive146s taxable year in which the related taxes are remitted to the taxing authority. 14. Governing Law . The validity, interpretation, construction and performance of this Agreement will be governed by and construed in accordance with the substantive laws of the State of California, without giving effect to the principles of conflict of laws of such State. 15. Validity . If any provision of this Agreement or the application of any provision hereof to any person or circumstances is held invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances will not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or legal. 16. Miscellaneous . No provision of this Agreement may be modified, waived or discharged unless such waiver, modification or discharge is agreed to in writing signed by the Executive and the Company. No waiver by either party hereto at any time of any breach by the other party hereto or compliance with any condition or provision of this Agreement to be performed by such other party will be deemed a waiver of similar or dissimilar provisions or conditions at the same or at any prior or subsequent time. No agreements or representations, oral or otherwise, expressed or implied with respect to the subject matter hereof have been made by either party that are not set forth expressly in this Agreement. References to Sections are to references to Sections of this Agreement. Any reference in this Agreement to a provision of a statute, rule or regulation will also include any successor provision thereto. 17. Board Membership . At each annual meeting of the Company146s stockholders prior to the Termination Date, the Company will nominate Executive to serve as a member of the Board. Executive146s service as a member of the Board will be subject to any required stockholder approval. Upon the termination of Executive146s employment for any reason, unless otherwise requested by the Board, Executive agrees to resign from the Board (and all other positions held at the Company and its affiliates), and Executive, at the Board146s request, will execute any documents necessary to reflect his resignation. 18. Indemnification and DampO Insurance . Executive will be provided indemnification to the maximum extent permitted by the Company146s and its subsidiaries146 and affiliates146 Articles of Incorporation or Bylaws, including, if applicable, any directors and officers insurance policies, with such indemnification to be on terms determined by the Board or any of its committees, but on terms no less favorable than provided to any other Company executive officer or director and subject to the terms of any separate written indemnification agreement. 19. Employee Benefits . Executive will be eligible to participate in the Company employee benefit plans, policies and arrangements that are applicable to other executive officers of the Company, as such plans, policies and arrangements may exist from time to time and on terms at least as favorable as provided to any other executive officer of the Company. 20. No Duplication of Benefits . The benefits provided to Executive in this Agreement shall offset substantially similar benefits provided to Executive pursuant to another Company policy, plan or agreement (including without limitation the Symantec Corporation Executive Severance Plan and the Symantec Corporation Executive Retention Plan). 21. Survival . Notwithstanding any provision of this Agreement to the contrary, the parties146 respective rights and obligations under Sections 2 and 3, will survive any termination or expiration of this Agreement or the termination of the Executive146s employment for any reason whatsoever. 22. Counterparts . This Agreement may be executed in one or more counterparts, each of which will be deemed to be an original but all of which together will constitute one and the same agreement. IN WITNESS WHEREOF, the parties have caused this Agreement to be duly executed and delivered as of the date first above written. RELEASE OF CLAIMS This Release of Claims (147Agreement148) is made by and between Symantec Corporation (147Symantec148) and Steve Bennett. WHEREAS, you have agreed to enter into a release of claims in favor of Symantec upon certain events specified in the Executive Employment Agreement by and between Symantec and you NOW, THEREFORE, in consideration of the mutual promises made herein, Symantec and you agree as follows: 1. Termination Date. This means the last day of your employment with Symantec. 2. Acknowledgement of Payment of Wages. You acknowledge that Symantec has paid you all accrued wages, salary, bonuses, accrued but unused vacation pay and any similar payment due and owing, with the exception of the payments and benefits owed to you under the Executive Employment Agreement andor under any equity-based compensation awards. 3. Confidential Information. You hereby acknowledge that you are bound by all confidentiality agreements that you entered into with Symantec andor any and all past and current parent, subsidiary, related, acquired and affiliated companies, predecessors and successors thereto (which agreements are incorporated herein by this reference), that as a result of your employment you have had access to the Confidential Information (as defined in such agreement(s)), that you will hold all such Confidential Information in strictest confidence and that you may not make any use of such Confidential Information on behalf of any third party. You further confirm that within five business days following the Termination Date you will deliver to Symantec all documents and data of any nature containing or pertaining to such Confidential Information and that you will not take with you any such documents or data or any reproduction thereof. 4. Release and Waiver of All Claims. You waive any limitation on this release under California Civil Code Section 1542 which provides that a general release does not extend to claims which a person does not know or suspect to exist in his favor at the time of executing the release which, if known, must have materially affected hisher decision to grant the release. In consideration of the benefits provided in this Agreement, you release Symantec, and any and all past, current and future parent, subsidiary, related and affiliated companies, predecessors and successors thereto, as well as their officers, directors, shareholders, agents, employees, affiliates, representatives, attorneys, insurers, successors and assigns, from any and all claims, liability, damages or causes of action whatsoever, whether known or unknown, which exist or may in the future exist arising from or relating to events, acts or omissions on or before the Effective Date of this Agreement, other than those rights which as a matter of law cannot be waived. You understand and acknowledge that this release includes, but is not limited to any claim for reinstatement, re-employment, damages, attorney fees, stock options, bonuses or additional compensation in any form, and any claim, including but not limited to those arising under tort, contract and local, state or federal statute, including but not limited to Title VII of the Civil Rights Act of 1964, the Civil Rights Act of 1991, the Post Civil War Civil Rights Act (42 U. S.C. 1981-88), the Equal Pay Act, the Age Discrimination in Employment Act, the Americans with Disabilities Act, the Vietnam Era Veterans Readjustment Assistance Act, the Fair Labor Standards Act, the Family Medical Leave Act of 1993, the Uniformed Services Employment and Re-employment Rights Act, the Employee Retirement Income Security Act of 1974, and the civil rights, employment, and labor laws of any state and any regulation under such authorities relating to your employment or association with Symantec or the terminat ion of that relationship. You also acknowledge that you are waiving and releasing any rights you may have under the Age Discrimination in Employment Act (ADEA) and that this waiver and release is knowing and voluntary. You acknowledge that (1) you have been, and hereby are, advised in writing to consult with an attorney prior to executing this Agreement (2) as consideration for executing this Agreement, you have received additional benefits and compensation of value to which you would otherwise not be entitled, and (3) by signing this Agreement, you will not waive rights or claims under the Act which may arise after the execution of this Agreement and (4) you have twenty-one (21) calendar days within which to consider this Agreement and in the event you sign the Agreement prior to 21days, you do so voluntarily. Once you have accepted the terms of this Agreement, you will have an additional seven (7) calendar days in which to revoke such acceptance. To revoke, you must send a written statement of revocation to the Vice President of Human Resources. If you revoke within seven (7) days, you will receive no benefits under this Agreement. In the event you do not exercise your right to revoke this Agreement, the Agreement shall become effective on the date immediately following the seven-day (7) waiting period described above. This release does not waive any rights you may have under any directors and officers insurance or indemnity provision, agreement or policy in effect as of the Termination Date, nor does it affect vested rights you may have under any equity-based compensation plan, retirement plan, 401(k) plan or other benefits plan. 5. No Pending or Future Lawsuits. You represent that you have no lawsuits, claims, or actions pending in your name or on behalf of any other person or entity, against Symantec or any other person or entity referred to herein. You also represent that you do not intend to bring any claims on your own behalf or on behalf of any other person or entity against Symantec or any other person or entity referred to herein. 6. Resignation from Board. You agree that you will offer your resignation from the Board of Directors effective upon your Termination Date. The Board may accept or reject your offer of resignation within its sole and absolute discretion. 7. Non disparagement. You agree that you will not, whether orally or in writing, make any disparaging statements or comments, either as fact or as opinion, about Symantec or its products and services, business, technologies, market position, agents, representatives, directors, officers, shareholders, attorneys, employees, vendors, affiliates, successors or assigns, or any person acting by, through, under or in concert with any of them. 8. Additional TermsEmployee Stock Option Agreement This Employee Stock Option Agreement is between an employee (the participant) and their employer (the company) as an incentive to purchase company stock. This agreement sets out the number of shares the employee can option, price per share and time and method for exercising the option. It also sets out the restrictions on transfers of stock and contains information regarding taxation of the shares. A written Employee Stock OptionAgreement will prove invaluable in the event of disagreements or misunderstandings between the parties. This Vesting Agreement contains the following provisions: Parties: Sets out the name of the company and the participant who is an employee of the company Grant of OptionExercise Price: Company gives participant the option to purchase a set number of shares at a set price once the option is exercised TimeMethod to Exercise: Sets out that participant may exercise the vested portion in installments and other options in the event of termination or disability Transfer Restrictions: Specifics regarding restrictions on transferring the stock during the option period Signatures: This agreement must be signed by the company and accepted by the participant. The participant must also sign the Notice of Stock Option Exercise which is an exhibit to this agreement. Protect yourself and your rights by purchasing this attorney-prepared form. This attorney-prepared package includes: General Information Instructions and Checklist Employee Stock Option Agreement State Law Compliance: This form complies with the laws of all statesThis is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the Sample Form near the top left of this page. This Stock Agreement ( ldquo Agreement rdquo) entered into as of by and between , ( ldquo Company rdquo), and (the ldquo Participant rdquo), an employee of the Company. This Agreement is entered into pursuant to the Stock Incentive Plan ( ldquo Plan rdquo ), is subject to and incorporates herein the provisions of the Plan. The provisions of this Agreement are qualified in their entirety b y reference to the Plan and in the event of a conflict between the provisions of this Agreement and the provisions of the Plan, the provisions of the Plan shall control. Capitalized terms used in this Agreement shall have the same meanings given to them i n the Plan, unless otherwise indicated in this Agreement. The Company hereby grants to the Participant an option ( ldquo Option rdquo ) to purchase all or any part of an aggregate of shares ( ldquo Optioned Shares rdquo ) of the Company rsquo s Co mmon Stock, on the terms and conditions set forth herein. The Option is not, and is not intended to meet the requirements for, an incentive stock option within the meaning of Section 422 of the Code. The exercise price for the purchase of the Optioned Shares purchasable upon exercise of the Option shall be for each of the Optioned Shares. (a) Term. The term of the Option shall commence on. (the ldquo Grant Date rdquo ) and terminate (the ldquo E xpiration Date rdquo ), or on such earlier date as provided hereinafter. In no event shall the term of the Option be longer than ten (10) years and one (1) day from the Grant Date. The vested portion of the Option shall be exercisable as to any part or all of t he aggregate number of Optioned Shares, as provided below. (b) Vesting of Option. The Option shall vest and become exercisable as follows. 5. Time and Method for Exercising the Option . (a) Time. The Participant may exercise the vested porti on of the Option in one or more installments from time to time prior to the Expiration Date. Exercisability is cumulative, and after the Option becomes exercisable as to any portion of the Optioned Shares, it shall continue to be exercisable with respect t o that portion of the Optioned Shares until the Option expires. (b) Termination of Employment. (1) Termination of Status as Employee. If the Participant shall cease to be an employee for any reason other than permanent or total disability (within the mea ning of Section 22(e)(3) of the Code, as determined in the sole discretion of the Committee), retirement, death or a termination by the Company for Cause, the Option shall automatically terminate ninety (90) days following the date heshe ceases to be an e mployee. Prior to such termination of the Option, the Participant may exercise the Option to the extent that the Option was vested as of the termination date provided. ومع ذلك. that no Option shall be exercised after the Expiration Date. (2) Disability. In the event of the permanent and total disability (within the meaning of Section 22(e)(3) of the Code, as determined in the sole discretion of the Committee) of the Participant who is at the time of commencement of such disability, or was within the 90-d a y period prior thereto, an employee and who was continuously employed as such from the Grant Date until the date of disability or termination, the Option may be exercised at any time within one (1) year following the date of disability, but only to the ex t ent that the Option was vested at the time of the termination or disability, whichever comes first provided. ومع ذلك. that no Option shall be exercised after the Expiration Date. (3) Retirement. In the event of the retirement of the Participant who is a t the time of such retirement, or was within the 90-day period prior thereto, an employee and who was continuously employed as such from the Grant Date until the date of the retirement, then the Option may be exercised by the Participant at any time withi n ninety (90) days following the retirement date, but only to the extent that the Option was vested at the time of the retirement provided. ومع ذلك. that no Option shall be exercised after the Expiration Date. For purposes of this Agreement, the term ldquo re tirement rdquo shall mean a voluntary termination of employment by an employee under conditions that would qualify the Participant for retirement benefits under the Company rsquo s tax-qualified retirement plans. (4) Death. In the event of the death of the Participan t who at the time of hisher death is, or was within the 30-day period immediately prior thereto, an employee and who was continuously employed as such from Grant Date until the date of death, the Option may be exercised for a period of up to one (1) year following the date of death, at any time prior to the expiration of the Term, by the Participant or, if applicable, the Participant rsquo s estate or by a person who acquired the right to exercise the Option by bequest, inheritance or otherwise as a result of t h e Participant rsquo s death, but only to the extent that the Option was vested at the time of death provided. ومع ذلك. that no Option shall be exercisable only to the extent that this option was exercisable by the Participant on the date of his or her death or disability, and further provided that this option shall not be exercisable after the Final Exercise Date. (a) Withholding. No Shares will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option. (b) Disqualifying Disposition. If the Participant disposes of Shares acquired upon exercise of this option within two years from the Grant Date or one year after such Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition. (a) This option may not be sold, assigned, transferred, pledged or otherwise encumbered by the Participant, either voluntarily or by operation of law, except by will or the laws of descent and distribution, and, during the lifetime of the Participant, this option shall be exercisable only by the Participant. (b) The Participant agrees that he or she will not transfer any Shares issued pursuant to the exercise of this option unless the transferee, as a condition to such transfer, delivers to the Company a written instrument confirming that such transferee shall be bound by all of the terms and conditions of this Agreement. This option is subject to the provisions of the Plan (including the provisions relating to amendments to the Plan), a copy of which is furnished to the Participant with this Agreement. IN WITNESS WHEREOF, the Company has caused this Agreement to be executed under its corporate seal by its duly authorized officer. This Agreement shall take effect as a sealed instrument. Need help Our business representatives are ready to answer your questions Call (800) 959-5899 Mon - Fri 8:30am - 5:30pm PT Common Questions No. Standard computer software will allow you to download the forms. In addition, we will send you an email with download links should you need to download your forms on another device. Almost all the documents are provided in multiple formats including PDF, Word, and RTF - ensuring that you will be able to view and edit the document. نعم فعلا. You can use the forms for your personal or business use as many times as you wish. You may not, however, redistribute or resell the forms without the permission of FindLegalForms. فورا. As soon as your payment is processed you will be taken to a Thank You page which contains the download links for the forms that you ordered. FindLegalForms Help Information More Legal Forms copy FindLegalForms, Inc. 73700 Dinah Shore Dr. Suite 104, Palm Desert, California 92211