exhibit10-2.htm


    Exhibit 10.2

     

    
      	 
      	 
      	 
      
	
              Notice
      of Grant of

            	 
      	
              LSI
      CORPORATION

            
	
              Stock
      Option

            	 
      	
              ID:
      94-2712976

            
	
              Under
      the

            	 
      	
              1621
      BARBER LANE

            
	
              LSI
      Corporation 2003 Equity Incentive Plan

            	 
      	
              MILPITAS,
      CALIFORNIA 95035

            


    

     

    
      	 
      	 
      	 
      	 
      
	
              GRANTEE
    NAME

            	 
      	
              Award
      Number:

            	 
      
	
              Address

            	 
      	
              Grant
      Date:

            	 
      
	
              Address

            	 
      	
              Number
      of Shares:

            	 
      
	 
      	 
      	
              Exercise
      Price:

            	 
      
	 
      	 
      	
              Expiration
      Date:

            	 
      


    

     

     

    On the
grant date shown above, LSI Corporation granted you a nonqualified stock option
covering the number of shares shown above under the LSI Corporation 2003 Equity
Incentive Plan. When exercisable, the option will allow you to purchase shares
of LSI’s common stock for a price per share equal to the exercise price shown
above. Your right to exercise this Option will terminate on the expiration date
shown above or earlier if provided in the attached Nonqualified Stock Option
Agreement or in the plan.

     

     

    Your
option will become exercisable with respect to the number of shares and at the
time or times indicated below, but only if [any applicable performance
requirements indicated below have been met and] you have not incurred a
Termination of Service prior to the applicable time.

     

    
      	 
      	 
      	 
      	 
      	 
      
	
              Shares

            	 
      	
              Vesting
      Date

            	 
      
	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      


    

     

     

    By your
signature below, you agree that this award is governed by this Notice of Grant,
the attached Nonqualified Stock Option Agreement and the LSI Corporation 2003
Equity Incentive Plan. You acknowledge that you have received, read and
understand this Notice of Grant, the attached agreement and the plan. You agree
to accept as binding all decisions or interpretations of the Board of Directors
of LSI or its delegate regarding any questions relating to this Notice of Grant,
the attached agreement or the plan.

     

    
      	 
      	 
      	 
      
	
              ______________________________________________

            	 
      	 
      
	
              GRANTEE
      NAME

            	 
      	 
      
	
              Date: