Document:

exv10w3

Exhibit 10.3

June 30, 2008

Mr. Jerry A. Wackerhagen

3454 Mist Hollow Ct.

Fort Worth, TX 76109

     Re: Separation of Employment

Dear Jerry:

     This letter agreement and release of claims (the “Agreement”) sets forth the terms and
conditions governing the termination of your employment relationship with Cash America Management
L.P., and any relationship with Cash America International, Inc., and their affiliates and
subsidiaries (collectively, the “Company”). Additionally, it is agreed that this Agreement sets
forth the entire agreement between you and the Company (the “Parties”) and its predecessors,
directors, officers, employees, agents and representatives relating to the separation of your
employment.

     This Agreement is not intended to alter the form or timing of any severance pay or benefits
provided to you under any prior arrangement (including without limitation your May 25, 2005 offer
letter from the Company), but is intended to confirm and restate such entitlements, and to provide
for certain additional payments and benefits described herein.

     Your separation is effective June 30, 2008 (the “Severance Date”). In consideration of your
separation, you and the Company agree to the following:

	(1)	 	If you agree to and accept the terms contained in this Agreement, you must sign the Agreement
in the space provided below and return one fully executed original of this Agreement to the
Company by July 22, 2008, which date is more than 21 days after the date that this Agreement
is being delivered to you. If you elect to sign this Agreement and return an original of it
to the Company, you will have seven (7) days after you deliver the original of the Agreement
to the Company during which you may revoke your acceptance. If you choose to revoke your
acceptance, you must notify the Company in writing, and the Company must receive the
notification by the expiration of this seven-day period. If you do not sign this Agreement
within the time period required by law, or if you revoke your acceptance during the revocation
period described above, this Agreement will be of no further force or effect, and you will not
be entitled to any of the

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payments or benefits described herein (other than any amounts paid to you under paragraph
(4) prior to August 1, 2008).

	(2)	 	Your separation from all offices and positions held by you in the Company will be effective
as of June 30, 2008.

	(3)	 	If you sign the Agreement in the manner described in paragraph (1) above and you do not
thereafter revoke your acceptance, the Company will pay to you a single lump-sum payment in
the total gross amount of $287,335.20 (less all applicable deductions), on January 31, 2009.

	(4)	 	The Company will make additional payments to you over the 18-month period commencing July 1,
2008, and ending December 31, 2009 (such payments being referred to herein as the “Salary
Continuation Payments”); provided, however, that if you do not sign the Agreement in the
manner described in paragraph (1) above, or if you do sign the Agreement but thereafter revoke
your acceptance as described in paragraph (1) above, in either such event, none of the Salary
Continuation Payments to be made after July 31, 2008, will be made and all such amounts
instead will be forfeited by you. The total gross amount of the Salary Continuation Payments
shall be $630,540.00 (i.e., such amount being 150% of your current base annual salary of
$420,360.00), and actual payments shall be less all applicable deductions. The Salary
Continuation Payments will be made in substantially equal installments over such 18-month
period in accordance with the Company’s normal payroll practices and policies for senior
executive officers.

	(5)	 	If you elect to continue health coverage under the group health plan continuation coverage
provisions of the Consolidated Omnibus Budget Reconciliation Act (“COBRA”) and/or under the
Company’s supplemental executive medical expense reimbursement plan, then, while such coverage
is in effect, for the 18-month period commencing on your Severance Date, your premium for such
coverage shall be equal to the amounts (if any) that similarly-situated active employees would
pay for similar coverage under the Company’s plans during that period. The reduction in your
premium responsibility may be effected through reimbursement from the Company or a discount in
your premium amount, as determined by the Company in its discretion. It will be your
responsibility to complete and return the election form(s) to the Benefits Department. The
COBRA and extended coverage provided for in this paragraph (5) includes those benefits
provided generally to covered executive level employees. The post-employment coverage
described in this paragraph will end due to any reason COBRA continuation coverage ends or
would have ended (such as, for example, your becoming covered under a group health plan of
another employer or your dependents losing their dependent status).

	(6)	 	The Company shall pay for the cost of outplacement expenses for up to $14,000.00. The
Company will provide such outplacement services by direct payment to the outplacement service
provider Right Management.

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	(7)	 	This Agreement provides for any and all payments to you for any reason associated with your
employment with the Company up to and including June 30, 2008. You will not be entitled to
receive any amounts under any other plan, program or agreement with the Company (including
without limitation incentive pay under the Cash America 2008 Short Term Incentive Plan or any
other incentive plan, Restricted Stock Units (including the 2008 special award) or any other
awards under the Cash America International, Inc. 2004 Long-Term Incentive Plan, and any
agreement or arrangement providing benefits or payments in the event of a change in corporate
control), and all other benefits and perquisites that you are currently receiving will cease
on June 30, 2008. The foregoing will not, however, affect any vested benefits to which you
are entitled after separation under the terms of any Company benefit or compensation plan in
which you are a participant.
	 
	(8)	 	You agree not to say, write, do, authorize or otherwise create or publish anything that will
in any way disparage the Company or any of its employees. You also agree not to interfere
with the management of the Company through any contact with shareholders, directors,
employees, vendors and others, and not to make any public or private statements or comments
that may have the effect of disrupting operations of the Company in any way.
	 
	(9)	 	The terms and conditions of this Agreement are to be held in strict confidence by you and
characterized as “confidential information.” The Parties further agree that the terms and
conditions of this Agreement will not be further disclosed to any other person or entity (with
the exception of the Parties’ attorneys, accountants and your current spouse, provided such
individuals agree to maintain the confidentiality requirements of this paragraph (9)), unless
such party is required to do so by a valid order of a court of competent jurisdiction, or as
required by law. Any disclosure of “confidential information” to any third-party will be
construed as a material breach of this Agreement.
	 
	(10)	 	It is further agreed that you will return to the Company, on or before July 1, 2008, all
Company property currently in your possession, including without limitation, computers, PDAs,
keys, credit cards, cellular phones, pagers and all papers, lists and other materials that
relate to, or involve, the business of the Company and that are in your possession or control.
	 
	(11)	 	You further agree to give up any claim to reinstatement with the Company.
	 
	(12)	 	You acknowledge that during the term of your employment you have been privy to confidential
and proprietary information of the Company. You agree to not disclose to any third party the
trade secrets, proprietary information, marketing strategies, business strategies, business
plans, pricing data, legal analyses, financial information, insurance information, customer
lists, customer information, creditor files, processes, policies, procedures, research, lists,
methodologies, specifications, software, software code, computer systems, software and hardware architecture and specifications, customer
information systems, point of sale systems, management information systems, software

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design
and development plans and materials, intellectual property, contracts, business records,
technical expertise and know-how, and other confidential and proprietary information and
trade secrets of the Company (collectively, the “Property”), which were provided to you by
the Company and are confidential and proprietary property of the Company. You further agree
not to use any Property to your personal benefit or the benefit of any third party. You
also agree to return to the Company by your Severance Date all such Property which is
tangible. Notwithstanding the foregoing, the Property protected hereunder does not include
any data or information that has been disclosed to the public (except where such public
disclosure has been made by you without authorization), that has been independently
developed and disclosed by others, or that otherwise enters the public domain through lawful
means. The restrictions in this provision are in addition to, and not in lieu of, any
rights or remedies the Company may have available pursuant to the laws of the State of Texas
to prevent the disclosure of trade secrets and proprietary information. Your obligations
under the nondisclosure provisions hereof (i) will apply to confidential information that
does not constitute trade secrets for a period of 36 months after your Severance Date, and
(ii) will apply to trade secrets until such Property no longer constitutes trade secrets.

	(13)	 	You agree that, for 18 months after your Severance Date, you will not, directly or
indirectly, solicit, recruit or induce any employee, officer, agent or independent contractor
of the Company to terminate such party’s engagement with the Company so as to work for any
person or business which competes with the Company for talent; provided, the restrictions set
forth in this provision will only apply to employees, officers, agents or independent
contractors with whom you had business contact during the 12-month period prior to your
Severance Date.
	 
	(14)	 	You agree that, for 18 months after your Severance Date, you will not, on your own behalf or
on behalf of any other person or entity (including without limitation any entity that you may
form, join, consult with, provide services or assistance to or on behalf of, or otherwise
become affiliated with), compete with the Company anywhere within the Territory by providing
management or consulting services similar to those you provided to the Company with respect to
any products or services similar to those offered (or under development) by the Company on
your Severance Date (“Company Products and Services”). For purposes of this Agreement, the
term “Territory” will mean any territory in which the Company offers Company Products or
Services on the Severance Date, plus any additional territory into which the Company has
actively and directly sought to expand during the 12-month period preceding the Severance Date
in which you were involved.
	 
	(15)	 	You agree that, for 18 months after your Severance Date, you will not, on your own behalf or
on behalf of any other person or entity, solicit, initiate contact, call upon, initiate
communication with or attempt to initiate communication with any customer or client of the Company or any representative of any customer or client of the Company, with a view to
providing Company Products and Services to such clients or customers; provided, the
restrictions set forth in this provision will apply only to customers or clients 

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of
the
Company with whom you had contact within the 12-month period prior to your Severance Date.

	(16)	 	You acknowledge and agree that the provisions hereof relating to confidential and proprietary
information, nonsolicitation of employees and agents, noncompetition, and nonsolicitation of
customers and clients (collectively, the “Covenants”) are reasonable and valid and do not
impose limitations greater than those that are necessary to protect the business interests and
confidential information of the Company. You expressly agree and consent that, and represent
and warrant to the Company that, the Covenants will not prevent or unreasonably restrict or
interfere with your ability to make a fair living. You agree that the invalidity or
unenforceability of any one or more of the Covenants, or any part thereof, will not affect the
validity or enforceability of the other Covenants, all of which are inserted conditionally on
their being valid in law. In case any one or more of the Covenants contained in this
Agreement shall be held to be invalid, illegal or unenforceable in any respect for any reason,
such invalidity, illegality or unenforceability shall not affect any other provision hereof,
and this Agreement shall be construed as if such invalid, illegal or unenforceable Covenant
had never been contained herein. You also agree that in the event any court of appropriate
jurisdiction should determine that any portion or provision of any Covenant is invalid,
unenforceable or excessively restrictive, you and the Company will request such court to
rewrite such Covenant in order to make such Covenant legal, enforceable and acceptable to such
court to the maximum extent permissible under applicable law. You agree that the Covenants
contained in this Agreement are severable and divisible; that none of such Covenants depends
on any other Covenant for its enforceability; that such Covenants constitute enforceable
obligations between you and the Company; that each such Covenant will be construed as an
agreement independent of any other Covenant of this Agreement; and that the existence of any
claim or cause of action by one party to this Agreement against the other party to this
Agreement, whether predicated on this Agreement or otherwise, will not constitute a defense to
the enforcement by any party to this Agreement of any such Covenant.
	 
	 	 	You agree that any remedy at law for any breach of the Covenants will be inadequate and that
the Company will be entitled to apply for injunctive relief in addition to any other remedy
the Company might have under this Agreement or applicable law.
	 
	 	 	You acknowledge that, in addition to seeking injunctive relief, the Company may bring a
cause of action against you for any and all losses, liabilities, damages, deficiencies,
costs (including, without limitation, court costs), and expenses (including, without
limitation, reasonable attorneys’ fees), incurred by the Company and arising out of or due
to any breach of any of the Covenants. In addition, you agree that either party may bring
an action against the other for breach of any other provision of this Agreement.
	 
	(17)	 	This Agreement is intended to comply with the requirements of Section 409A of the Internal
Revenue Code of 1986, as amended, and guidance issued thereunder (“Section 409A”) and shall be
construed accordingly. Any payments or distributions payable to

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you under this Agreement upon
your “separation from service” (as defined for purposes of Section 409A) of amounts classified
as “nonqualified deferred compensation” for purposes of Section 409A, and not exempt from
Section 409A, shall in no event be made or commence until six (6) months after such separation
from service. Each payment under this Agreement (whether of cash, property or benefits) shall
be treated as a separate payment for purposes of Section 409A. Where this Agreement provides
that a payment will be made upon a specified date or during a specified period, such date or
period will be the Section 409A “payment date” or “payment period”, but actual payment will be
made no later than the latest date permitted under Section 409A (generally, by the later of
the end of the calendar year in which the payment date falls, or the fifteenth day of the
third calendar month after the payment date occurs). With respect to payments or benefits
provided under this Agreement that are reimbursements or in-kind payments, to the extent
necessary to comply with Section 409A, the amount of such payment(s) or benefit(s) during any
calendar year shall not affect payment(s) or benefit(s) provided in any other calendar year,
and the right to any payment(s) or benefit(s) shall not be subject to liquidation or exchange
for another benefit. Any reimbursements under this Agreement shall be paid as soon as
practicable but no later than 90 days after you submit evidence of such expenses to the
Company (which payment date shall in no event be later than the last day of the calendar year
following the calendar year in which the expense was incurred).

     In consideration of the above, including the mutual agreements of the parties hereto and the
payments to be made to you hereunder, the receipt and sufficiency of which are hereby acknowledged
and confessed by you, you (on behalf of yourself and your successors and assigns) voluntarily and
knowingly, fully, completely, and forever release the Company and its officers, directors,
employees, stockholders, and legal successors and assigns of the Company (collectively, “Released
Parties”) from all claims, charges, actions and causes of action, whether now known or unknown,
which you now have, or at any other time had, or shall or may have against those Released Parties
based upon or arising out of any matter, cause, fact, thing, act or omission whatsoever occurring
at any time up to and including the date you sign this Agreement , including, but not limited to,
any claims for claims based upon or arising under: express or implied contract; wages or benefits
owed; covenants of fair dealing and good faith; interference with contract; option grants; wrongful
discharge or termination; employment discrimination of any type; the Texas Commission on Human
Rights Act (“TCHRA”), and any similar statute in other states; the Texas Payday Act, the Texas
Labor Code, and any similar statute in other states; any claim of employment discrimination based
on exercising rights under worker’s compensation laws; Title VII of the Civil Rights Act of 1964,
as amended, 42 U.S.C. § 2000e, et seq. (prohibiting discrimination on account of race, sex,
national origin or religion); the Age Discrimination in Employment Act of 1967, as amended, 29
U.S.C. §§ 621, et seq. (prohibiting discrimination on account of age) (ADEA); the Civil Rights Act
of 1991; the Civil Rights Acts of 1866 and 1871, 42 U.S.C. §§ 1981; Employee Retirement Income
Security Act of 1974, as
amended, 29 U.S.C. § 1001, et seq. (ERISA); the Americans with Disabilities Act of 1990, as
amended, 42 U.S.C. §§ 12101-12213 (ADA); the Family and Medical Leave Act, 29 U.S.C. § 2601, et
seq. (FMLA); the Fair Labor Standards Act, 29 U.S.C. § 201, et seq. (FLSA); the Workers’ Adjustment
and Retraining Notification Act (“WARN”); any and all state and federal

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statutes which prohibit
discrimination or retaliation in employment based on any protected status (including, without
limitation, national origin, race, sex, sexual orientation, disability, workers’ compensation
status, or other protected category) and amendments to these statutes; the common law, negligence,
gross negligence or any other tort claim, including but not limited to, intentional infliction of
emotional distress, negligent infliction of emotional distress, negligence, defamation, assault,
battery, invasion of privacy, false imprisonment, breach of contract, interference with a contract,
interference with contractual relations, civil conspiracy, duress, promissory or equitable
estoppel, defamation, fraud, misrepresentation, wrongful termination, violation of public policy,
retaliation, personal injury, breach of fiduciary duty, loss of consortium, bad faith, and any
federal, state or local laws, statutes, regulations, ordinances, or other similar provisions. You
understand that you are not releasing any claims that arise after the date you sign this Agreement.

     You understand that following the seven-day revocation period, this release will be final and
binding. You promise that you on behalf of yourself and any representative, and any person whose
claims derive from yours, will not pursue any claim that you have settled by this release or file
any lawsuit or other legal proceeding to assert any such claims and you understand and agree that
you will not be entitled hereafter to pursue any claims arising out of any alleged violation of
your rights while employed by the Company, including, but not limited to, claims for back pay,
losses or other damages. If you break any of the promises set forth in the previous sentence, you
agree to pay all of the Company’s costs and expenses (including reasonable attorneys’ fees) related
to the defense of any claims except for claims arising under the Older Workers Benefit Protection
Act (OWBPA) and the ADEA. Although you are releasing claims that you may have under the OWBPA and
ADEA, you understand that you may challenge the knowing and voluntary nature of this release before
a court, the Equal Employment Opportunity Commission (EEOC), or any other federal, state or local
agency charged with the enforcement of any employment laws. You also understand that nothing in
this release prevents you from filing a charge or complaint with or from participating in an
investigation or proceeding conducted by the EEOC or any other federal, state or local agency
charged with the enforcement of any employment laws. You understand, however, that if you pursue a
claim against the Company under the OWBPA and/or the ADEA to challenge the validity of this release
and prevail on the merits of an ADEA claim, a court has the discretion to determine whether the
Company is entitled to restitution, recoupment, or set off (hereinafter “reduction”) against a
monetary award obtained by you in the court proceeding. A reduction never can exceed the amount
you recover, or the consideration you received for signing this release, whichever is less.
Furthermore, you give up your right to individual damages or remedies in connection with any
administrative or judicial proceeding with respect to your employment or termination of employment
with the Company. You also recognize that the Company may be entitled to recover costs and
attorneys fees incurred by the Company as specifically authorized under applicable law.

     You on behalf of yourself and any representative, and any person whose claims derive from
yours, promises that no lawsuit or claim has been or will be filed based on any claims released by
this Agreement. If such a lawsuit or claim has been or is filed, you agree to withdraw or dismiss
such lawsuit or claims upon signing this Agreement; otherwise, you agree

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to pay all attorneys’ fees
and court costs incurred by the Company or any other released party in defending against the
lawsuit, claim or charge, along with other appropriate damages.

     This Agreement is not an admission on the Company’s part of any liability whatsoever or that
it in any way has acted improperly or unlawfully. The Company specifically denies any liability or
improper or unlawful conduct.

     If any claims are made by or against the Company which arise out of or relate to your
employment with the Company, you agree that you will cooperate fully in the investigation and
defense of such claims, including but not limited to preparation for and providing truthful
testimony.

     This Agreement is intended by you and the Company to be a legally valid and binding agreement.
If any provision of this Agreement if found to be illegal, invalid or unenforceable, such term or
provision shall be severable, and this Agreement shall be construed and enforced as if such
illegal, invalid or unenforceable provision were never a part hereof; the remaining provisions
hereof shall remain in full force and effect and shall not be affected by the illegal, invalid or
unenforceable provision or by its severance; and in lieu of such illegal, invalid or unenforceable
provision, there shall be added as part of this Agreement, a provision as similar in its terms to
such illegal, invalid or unenforceable provision, as may be possible and be legal, valid or
enforceable.

     This Agreement shall be construed and enforced in accordance with the laws of the State of
Texas, United States, and venue for any action brought in connection with this Agreement shall lie
in Tarrant County, Texas, U.S.A.

     The Company wishes you success in your future endeavors.

	 	 	 	 	 
	 	Very truly yours,

Cash America Management L.P.

By its General Partner, Cash America Holding, Inc.
 	 
	 
	 	 	 
	 	By:  	                      /s/ Daniel R. Feehan
 	 
	 	 	Title:  	President & CEO 	 
	 

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     I have read the foregoing Agreement, agree to its terms, and acknowledge receipt of a copy of
same, and the sufficiency of the payments recited in it. I understand and acknowledge that I
should seek counsel from an attorney with regard to all aspects of this Agreement (including, but
not limited to the release contained in it) and that I have had a sufficient opportunity to do so.
I hereby voluntarily enter into this Agreement effective as of June 30, 2008, with full knowledge
of its meaning and significance. I acknowledge and warrant that I have been given a period of at
least 21 days within which to consider this Agreement prior to executing it, if I so desire. This
Agreement may be revoked by me for a period of 7 days following its execution. To be effective,
the revocation must be in writing and received by the Company by the expiration of this seven-day
period.

	 	 	 	 	 
	 	 	 
	        /s/ Jerry Wackerhagen
 	 	 
	Signature
 	 	 
	6-30-08 	 	 
	Date 	 	 
	 

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9exv10w2

Exhibit 10.2

AMENDED AND RESTATED

3COM CORPORATION

1984 EMPLOYEE STOCK PURCHASE PLAN

Amended & Restated June 18, 2008; share addition subject to Stockholder Approval at the 2008

Annual Stockholders’ Meeting

     1. Purpose. The 3Com Corporation 1984 Employee Stock Purchase Plan (the “Prior Plan”)
was established to provide eligible employees of 3Com Corporation (“3Com”) and any current or
future subsidiary corporation(s) of 3Com (collectively referred to as the “Company”) with an
opportunity, through payroll deductions, to acquire common stock of 3Com. The Prior Plan has been
amended from time to time. On June 18, 2008, the Board of Directors of 3Com (the “Board”) amended
and restated the Prior Plan as amended in order to make various changes to the Prior Plan
considered beneficial for continuing to carry out the purposes of such plan, all in the form set
forth herein, with the share addition subject to stockholder approval at the 2008 Annual
Stockholders’ Meeting (the “Plan”). For purposes of the Plan, a parent corporation and a
subsidiary corporation shall be as defined in Sections 424(e) and 424(f) of the Internal Revenue
Code of 1986, as amended (the “Code”). The Company intends that the Plan shall qualify as an
“employee stock purchase plan” under Section 423 of the Code (including any future amendments or
replacements of such section), and the Plan shall be so construed. The provisions of the Plan,
accordingly, shall be construed so as to extend and limit Plan participation in an uniform and
nondiscriminatory basis consistent with the requirements of Section 423 of the Code.

     Any term not expressly defined in the Plan but defined for purposes of Section 423 of the Code
shall have the same definition herein. Because an eligible employee who participates in the Plan
(a “Participant”) may withdraw the Participant’s accumulated payroll deductions and terminate
participation in the Plan or any Offering Period (as defined below) therein during an Offering
Period (as defined below), the Participant is, in effect, given an option which may or may not be
exercised during any Offering Period.

     2. Share Reserve. Subject to adjustment upon changes of capitalization of the
Company, as provided in Section 13 hereof, the maximum number of shares that may be issued under
the Plan shall be 46,687,441 [54,687,441 subject to stockholder approval at the Annual Meeting on
September 24, 2008] shares of 3Com’s authorized but unissued common stock (the “Shares”). In the
event that any option granted under the Plan (an “Option”) for any reason expires or is terminated,
the Shares allocable to the unexercised portion of such Option may again be subjected to an Option.

     3. Administration. The Plan shall be administered by the Board and/or by a duly
appointed committee of the Board having such powers as shall be specified by the Board, which
committee shall be constituted to comply with requirements relating to the administration of
equity-based awards under U.S. state corporate laws, U.S. federal and state securities laws, the
Code, any stock exchange or quotation system on which the Shares are listed or quoted and the
applicable laws of any foreign country or jurisdiction where awards are, or shall be, granted under
the Plan. Any subsequent references to the Board shall also mean the committee if it has been
appointed. All questions of interpretation of the Plan or of any Options shall be determined by
the Board and shall be final and binding upon all persons having an interest in the Plan and/or any
Option. Subject to the provisions of the Plan, the Board shall determine all of the relevant terms
and conditions of Options granted pursuant to the Plan; provided, however, that all Participants
granted Options pursuant to the Plan shall have the same rights and privileges within the meaning
of Section 423(b)(5) of the Code. Notwithstanding any provision to the contrary in this Plan, the
Board may adopt rules or procedures relating to the operation and administration of the Plan to
accommodate the specific requirements of local

 

 

laws and procedures for jurisdictions outside of the United States. Without limiting the
generality of the foregoing, the Board is specifically authorized to adopt rules and procedures
regarding eligibility to participate, the definition of Compensation, handling of payroll
deductions, making of contributions to the Plan (including, without limitation, in forms other than
payroll deductions), establishment of bank or trust accounts to hold payroll deductions, payment of
interest, conversion of local currency, obligations to pay payroll tax, determination of
beneficiary designation requirements, withholding procedures and handling of stock certificates
which vary with local requirements. All expenses incurred in connection with the administration of
the Plan shall be paid by the Company.

     4. Eligibility. Any regular employee of the Company is eligible to participate in the
Plan and any Offering Period (as hereinafter defined) under the Plan, subject to the requirements
of Section 6, except the following:

          (a) employees who are customarily employed by the Company for less than twenty (20) hours a
week; and

          (b) employees who own or hold options to purchase or who, as a result of participation in the
Plan, would own or hold options to purchase stock of the Company possessing five percent (5%) or
more of the total combined voting power or value of all classes of stock of the Company within the
meaning of Section 423(b)(3) of the Code.

     5. Offering Periods.

          (a) Offering Periods Beginning On or After October 1, 2003. Effective October 1,
2003, the Plan shall be implemented by offerings of six (6) months duration (an “Offering Period”).
An Offering Period shall commence on April 1 and October 1 of each year and end on September 30
and March 31, respectively, occurring thereafter. Notwithstanding the foregoing, the Board may
establish a different term (including a term of up to 24 months with interim six (6) month purchase
periods) for one or more of the Offering Periods and/or different commencing and/or ending dates
for such Offering Periods. An employee who becomes eligible to participate in the Plan after the
commencement date of an Offering Period may not participate in such Offering Period, but may
participate in any subsequent Offering Period, provided such employee is still eligible to
participate in the Plan as of the commencement of any such subsequent Offering Period. The first
day of an Offering Period shall be the “Offering Date” for such Offering Period. In the event the
first day of an Offering Period is not a business day, the next business day shall be the first day
of the Offering Period. In the event the last day of an Offering Period is not a business day, the
most recently concluded business day shall be the last day of the Offering Period.

          (b) Governmental Approval; Shareholder Approval. Notwithstanding any other provision
of the Plan to the contrary, any Option granted pursuant to the Plan shall be subject to (i)
obtaining all necessary governmental approvals and/or qualifications of the sale and/or issuance of
the Options and/or the Shares, and (ii) in the case of Options with an Offering Date after an
amendment to the Plan, obtaining any necessary approval of the shareholders of the Company required
in Section 19.

     6. Participation in the Plan.

          (a) Initial Participation. An eligible employee may elect to become a Participant
effective as of the first Offering Date after satisfying the eligibility requirements set forth in
Section 4 above by (i) delivering a subscription agreement authorizing payroll deductions (a
“Subscription Agreement”) to the Company’s Stock Administration office during the Company’s open
enrollment period prior to each Offering Date, or such other period as the Company may determine in
its sole discretion, prior to such Offering Date, or (ii) following an electronic or other
enrollment procedure prescribed by the Board. Such election to

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participate shall state the eligible employee’s election to participate in the Plan and the
rate at which payroll deductions shall be accumulated. An eligible employee who does not deliver a
Subscription Agreement to the Company’s Stock Administration office during the Company’s open
enrollment period prior to the first Offering Date after becoming eligible to participate in the
Plan, or does not enroll using an electronic or other enrollment procedure prescribed by the Board,
shall not participate in the Plan for that Offering Period or for any subsequent Offering Period,
unless such employee subsequently enrolls in the Plan by filing a Subscription Agreement with the
Company or enrolling using an electronic or other enrollment procedure prescribed by the Board in
accordance with this Section 6(a).

          (b) Automatic Participation in Subsequent Offering Periods. A Participant shall
automatically participate in each subsequent Offering Period until such time as such Participant
ceases to be eligible as provided in Section 4, the Participant withdraws from the Plan pursuant to
Section 10 below, or the Participant terminates employment as provided in Section 11 below. A
Participant is not required to file an additional Subscription Agreement for such Offering Periods
in order to automatically participate therein.

     7. Purchase Price and Purchase Date. The purchase price at which Shares may be
acquired in any Offering Period under the Plan shall be eighty-five percent (85%) of the lesser of
(a) the fair market value of the Shares on the Offering Date of such Offering Period or (b) the
fair market value of the Shares on the Purchase Date of such Offering Period. For purposes of the
Plan, the fair market value of the Shares shall be the closing sales price for such stock (or the
closing bid, if no sales were reported) as quoted on the principal exchange or system on which the
Company’s common stock is publicly traded on the date of determination, as reported in The Wall
Street Journal or such other source as the Company deems reliable. In the event the first day of
an Offering Period is not a business day, the next business day shall be the first day of the
Offering Period. In the event the last day of an Offering Period is not a business day, the most
recently concluded business day shall be the last day of the Offering Period.

     8. Payment of Purchase Price; Payroll Deductions.

          (a) Accumulation of Payroll Deductions. The purchase price of Shares to be acquired
in an Offering Period shall be accumulated only by payroll deductions over the Offering Period.
Payroll deductions from a Participant’s Compensation on each payday during the Offering Period (i)
shall not exceed ten percent (10%) of such Participant’s base pay per month, reduced by any payroll
deductions from such Participant’s compensation to purchase stock under any other plan of the
Company intended to qualify as an “employee stock purchase plan” under Section 423 of the Code, and
(ii) shall not be less than one percent (1%) of the Participant’s Compensation per month.
Notwithstanding the foregoing, to the extent necessary to comply with Section 423(b)(8) of the Code
and Section 9(c), a Participant’s payroll deductions may be decreased to zero percent (0%) at any
time during an Offering Period. Subject to Section 423(b)(8) of the Code and Section 9(c) hereof,
payroll deductions shall recommence at the rate originally elected by the Participant effective as
of the beginning of the first Offering Period which is scheduled to end in the following calendar
year, unless terminated by the Participant as provided in Section 10.

     For purposes hereof, a Participant’s “Compensation” from the Company is an aggregate that
shall include base wages or salary, commissions, overtime, discretionary bonuses, semi-annual
bonuses, other incentive payments, shift premiums, stand-by payments and call-out payments paid in
cash during such Offering Period before deduction for any contributions to any plan maintained by
the Company and described in section 401(k) or section 125 of the Code. Compensation shall not
include reimbursement of expenses, allowances, long-term disability, workers’ compensation or any
amount deemed received without the actual transfer of cash or any amounts directly or indirectly
paid pursuant to the Plan or any other stock purchase or stock option plan, or any other
compensation not included in the preceding sentence. Payroll deductions shall commence on the
first payday following the first day of a Offering Period or as soon as administratively

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feasible thereafter and shall continue to the end of such Offering Period unless sooner
altered or terminated as provided in the Plan.

          (b) Election to Change Payroll Deduction Rate. A Participant may decrease (but not
increase) the rate of payroll deductions with respect to an Offering Period only on or before and
effective as of the date three (3) months after the beginning of such Offering Period by filing an
amended Subscription Agreement with the Company or following an electronic or other procedure
prescribed by the Board. A Participant may increase or decrease the rate of payroll deductions for
any subsequent Offering Period by filing a new Subscription Agreement with the Company during such
period as the Company may determine in its sole discretion, prior to the beginning of such
subsequent Offering Period, or following an electronic or other enrollment procedure prescribed by
the Board. The Board may, in its sole discretion, change the nature and/or number of payroll
deduction rate changes that may be made by Participants during any Offering Period. Any change in
payroll deduction rate made pursuant to this Section 8(b) shall be effective as of the first full
payroll period following five (5) business days after the date on which the change is made by the
Participant (unless the Board, in its sole discretion, elects to process a given change in payroll
deduction rate more quickly).

          (c) Participant Accounts. Individual accounts shall be maintained for each
Participant. All payroll deductions from a Participant’s compensation shall be credited to the
Participant’s account under the Plan and shall be deposited with the general funds of the Company.
No interest shall accrue on such payroll deductions. All payroll deductions received or held by
the Company may be used by the Company for any corporate purpose.

     9. Purchase of Shares.

          (a) Purchase. On the Purchase Date of each Offering Period, each remaining
Participant shall automatically purchase, subject to the limitations set forth in Sections 9(b) and
9(c) below, that number of whole Shares arrived at by dividing the total amount theretofore
credited to the Participant’s account pursuant to Section 8(c) by the purchase price established
for such Offering Period pursuant to Section 7. Any cash balance remaining in the Participant’s
Plan account shall be refunded to the Participant as soon as practicable after the Purchase Date.
In the event the cash to be returned to a Participant pursuant to the preceding sentence is an
amount less than the amount necessary to purchase a whole Share, such amount shall continue to be
credited to the Participant’s Plan account and shall be applied toward the purchase of Shares in
the immediately subsequent Offering Period. No Shares shall be purchased in a given Offering
Period on behalf of a Participant whose participation in the Plan has terminated prior to the
Purchase Date for such Offering Period.

          (b) Share Limitation. Subject to the adjustments set forth in Section 13 below, no
Participant shall be entitled to purchase more than 4,000 Shares in a single Offering Period.

          (c) Fair Market Value Limitation. Notwithstanding any other provision of the Plan, no
Participant shall be entitled to purchase Shares under the Plan (or any other employee stock
purchase plan which is intended to meet the requirements of Section 423 of the Code sponsored by
3Com or a parent corporation or subsidiary corporation of 3Com) at a rate which exceeds $25,000 in
fair market value (or such other limit as may be imposed by Section 423 of the Code) for each
calendar year in which the Participant participates in the Plan or any other employee stock
purchase plan described in this sentence, as determined in accordance with Section 423(b)(8) of the
Code.

          (d) Pro Rata Allocation. In the event the number of Shares which might be purchased
by all Participants in the Plan exceeds the number of Shares available in the Plan, the Company
shall make a pro

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rata allocation of the remaining Shares in as uniform a manner as shall be practicable and as
the Company shall determine to be equitable.

          (e) Rights as a Shareholder and Employee. A Participant shall have no rights as a
shareholder by virtue of the Participant’s participation in the Plan until the date of issuance of
a stock certificate(s) for the Shares being purchased pursuant to the exercise of the Participant’s
Option. No adjustment shall be made for dividends or distributions or other rights for which the
record date is prior to the date such stock certificate(s) are issued. Nothing herein shall confer
upon a Participant any right to continue in the employ of the Company or interfere in any way with
any right of the Company to terminate the Participant’s employment at any time.

          (f) Registration of Shares. Shares to be delivered to a Participant under the Plan
shall be registered in the name of the Participant or in the name of Participant and his or her
spouse.

          (g) Permitted Adjustments. The Company may, from time to time, establish or change
(i) limitations on the frequency and/or number of changes in the amount withheld during an Offering
Period, (ii) an exchange ratio applicable to amounts withheld in a currency other than U.S.
dollars, (iii) procedures for permitting unequal percentages of payroll withholding from a
Participant’s compensation in order to accommodate the Company’s established payroll procedures or
mistakes or delays in following those procedures when processing Participants’ withholding
elections, and (iv) such other limitations or procedures as deemed advisable by the Company in the
Company’s sole discretion which are consistent with the Plan and Section 423 of the Code.

          (h) Delivery. As soon as reasonably practicable after each Exercise Date on which a
purchase of Shares occurs, the Company shall arrange the delivery to each Participant the Shares
purchased upon exercise of his or her option in a form determined by the Board (in its sole
discretion) and pursuant to rules established by the Board. The Company may permit or require that
shares be deposited directly with a broker designated by the Company or to a designated agent of
the Company, and the Company may utilize electronic or automated methods of share transfer. The
Company may require that shares be retained with such broker or agent for a designated period of
time and/or may establish other procedures to permit tracking of disqualifying dispositions of such
shares. No Participant shall have any voting, dividend, or other stockholder rights with respect
to Shares subject to any Option granted under the Plan until such Shares have been purchased and
delivered to the Participant as provided in this Section 9.

     10. Withdrawal.

          (a) Withdrawal From the Plan. A Participant may withdraw from the Plan by (i)
submitting to the Company’s Stock Administration office a notice of withdrawal on a form provided
by the Company for such purpose, or (ii) following an electronic or other withdrawal procedure
prescribed by the Board. Such withdrawal may be submitted no later than five (5) business days
prior to the end of an Offering Period to be effective for that Offering Period. A Participant is
prohibited from again participating in an Offering Period upon withdrawal from the Plan during such
Offering Period. A Participant who elects to withdraw from the Plan may again participate in the
Plan by filing a new Subscription Agreement or following an electronic or other procedure in the
same manner as set forth in Section 6(a) above for initial participation in the Plan. The Company
may impose, from time to time, a requirement that the notice of withdrawal be on file with the
Company for a reasonable period of time prior to the effectiveness of the Participant’s withdrawal
from the Plan.

          (b) Return of Payroll Deductions. Upon withdrawal from the Plan, the accumulated
payroll deductions credited to a withdrawing Participant’s account shall be returned to the
Participant and the

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Participant’s interest in the Plan shall terminate. No interest shall accrue on the payroll
deductions of a Participant.

     11. Termination of Employment. Termination of a Participant’s employment with the
Company for any reason, including retirement or death, or the failure of a Participant to remain an
eligible employee, shall terminate the Participant’s participation in the Plan immediately. Upon
such termination, the payroll deductions credited to the Participant’s account shall be returned to
the Participant (or in the case of the Participant’s death, to the Participant’s legal
representative) and all of the Participant’s rights under the Plan shall terminate. A Participant
whose participation has been so terminated may again become eligible to participate in the Plan by
again satisfying the requirements of Sections 4 and 6.

     12. Repayment of Payroll Deductions Without Interest. In the event a Participant’s
interest in the Plan is terminated, the Company shall deliver to the Participant (or in the case of
the Participant’s death or incapacity, to the Participant’s legal representative) the payroll
deductions credited to the Participant’s account. No interest shall accrue on the payroll
deductions of a Participant.

     13. Capital Changes. In the event of changes in the common stock of the Company due
to a stock split, reverse stock split, stock dividend, combination, reclassification or like change
in the Company’s capitalization, or in the event of any merger, sale or reorganization, appropriate
adjustments shall be made by the Company in (a) the number and class of Shares of stock subject to
the Plan and to any outstanding Option, (b) the purchase price per Share of any outstanding Option
and (c) the Share limitation set forth in Section 9(b) above.

     14. Designation of Beneficiary

          (a) A Participant may file a designation of a beneficiary who is to receive any Shares and
cash, if any, from the Participant’s account under the Plan in the event of such Participant’s
death subsequent to an Exercise Date on which the option is exercised but prior to delivery to such
Participant of such Shares and cash. In addition, a Participant may file a designation of a
beneficiary who is to receive any cash from the Participant’s account under the Plan in the event
of such Participant’s death prior to exercise of the option. If a Participant is married and the
designated beneficiary is not the spouse, spousal consent shall be required for such designation to
be effective.

          (b) Such designation of beneficiary may be changed by the Participant at any time by notice in
a form determined by the Board. In the event of the death of a Participant and in the absence of a
beneficiary validly designated under the Plan who is living at the time of such Participant’s
death, the Company shall deliver such Shares and/or cash to the executor or administrator of the
estate of the Participant, or if no such executor or administrator has been appointed (to the
knowledge of the Company), the Company, in its discretion, may deliver such shares and/or cash to
the spouse or to any one or more dependents or relatives of the Participant, or if no spouse,
dependent or relative is known to the Company, then to such other person as the Company may
designate.

          (c) All beneficiary designations shall be in such form and manner as the Board may designate
from time to time.

     15. Nonassignability. Only the Participant may elect to exercise the Participant’s
Option during the Participant’s lifetime, and no rights or accumulated payroll deductions of any
Participant under the Plan may be pledged, assigned or transferred for any reason, except by will
or the laws of descent and distribution, and any such attempt may be treated by the Company as an
election by the Participant to withdraw from the Plan.

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     16. Use of Funds. The Company may use all payroll deductions received or held by it
under the Plan for any corporate purpose, and the Company shall not be obligated to segregate such
payroll deductions. Until Shares are issued, Participants shall only have the rights of an
unsecured creditor with respect to such Shares.

     17. Reports. Each Participant shall receive after the last day of each Offering
Period a report of the Participant’s account setting forth the total payroll deductions
accumulated, the number of Shares purchased and the remaining cash balance to be carried over
and/or refunded pursuant to Section 9(a) above, if any.

     18. Plan Term. This Plan shall continue until terminated by the Board or until all of
the Shares reserved for issuance under the Plan have been issued.

     19. Amendment or Termination of the Plan. The Board may at any time amend or
terminate the Plan, except that such termination cannot adversely affect Options previously granted
under the Plan except as otherwise permitted by the Plan, nor may any amendment make any change in
an Option previously granted under the Plan which would adversely affect the right of any
Participant except as otherwise permitted by the Plan, nor may any amendment be made without
approval of the shareholders of the Company within twelve (12) months of the adoption of such
amendment if such amendment would authorize the sale of more shares than are authorized for
issuance under the Plan or would change the designation of corporations whose employees may be
offered Options under the Plan. Without stockholder consent and without limiting this Section 19,
the Board shall be entitled to change the Offering Periods, limit the frequency and/or number of
changes in the amount withheld during an Offering Period, establish the exchange ratio applicable
to amounts withheld in a currency other than U.S. dollars, permit payroll withholding in excess of
the amount designated by a Participant in order to adjust for delays or mistakes in the Company’s
processing of properly completed withholding elections, establish reasonable waiting and adjustment
periods and/or accounting and crediting procedures to ensure that amounts applied toward the
purchase of Shares for each Participant properly correspond with amounts withheld from the
Participant’s Compensation, and establish such other limitations or procedures as the Board
determines in its sole discretion advisable which are consistent with the Plan.

     20. Clawback. The Board may, in its discretion and, to the extent necessary or
desirable, modify or amend the Plan to reduce or eliminate an unfavorable accounting consequence
including, but not limited to: (i) altering the purchase price for an Offering Period including an
Offering Period underway at the time of the change in purchase price; (ii) shortening any Offering
Period so that Offering Period ends on a new Exercise Date, including an Offering Period underway
at the time of the Board action; and (iii) allocating shares. Such modifications or amendments
shall not require stockholder approval or the consent of any Plan participants.

     21. Data Privacy. By participating in the Plan, the Participant consents to the
collection, use and transfer of personal data as described in this Section. The Participant
understands that the Company and its subsidiaries hold certain personal information about the
Participant including, but not limited to, the Participant’s name, home address and telephone
number, date of birth, social security number or equivalent tax identification number, salary,
nationality, job title, any shares of stock or directorships held in the Company, contribution
amounts, contribution percentages, selected brokerage firm, and dispositions of shares purchased
through the ESPP program, for the purpose of managing and administering the Plan (“Data”). The
Participant further understands that the Company and/or its subsidiaries will transfer Data amongst
themselves as necessary for the purposes of implementation, administration, and management of the
Participant’s participation in the Plan, and that the Company and/or its subsidiaries may each
further transfer Data to any third parties assisting the Company in the implementation,
administration and management of the Plan (“Data Recipients”). The Participant understands that
these Data Recipients may be located in the Participant’s country of residence, the European
Economic Area, or elsewhere, such as the United States. The

-7-

 

Participant authorizes the Data Recipients to receive, possess, use, retain and transfer Data
in electronic or other form, for the purposes of implementing, administering and managing the
Participant’s participation in the Plan, including any transfer of such Data, as may be required
for the administration of the Plan and/or the subsequent holding of shares of stock on the
Participant’s behalf, to a broker or third party with whom the shares acquired on purchase may be
deposited. The Participant understands that he or she may, at any time, review the Data, require
any necessary amendments to it or withdraw the consent herein in writing by contacting the Company.
The Participant further understands that withdrawing consent may affect the Participant’s ability
to participate in the Plan.

     22. Merger or Change in Control. In the event of a merger or a Change in Control (as
defined below) which occurs during any Purchase Period which begins after the date the Board
approved this amended and restated Plan, each outstanding Option shall be assumed or an equivalent
option substituted by the successor corporation or a parent or subsidiary of the successor
corporation. In the event that the successor corporation refuses to assume or substitute for the
Option, the Offering Period then in progress shall be shortened by setting a new Purchase Date and
shall end on the new Purchase Date. The new Purchase Date shall be before the date of the
Company’s proposed merger or Change in Control. The Company shall notify each Participant in
writing, at least ten (10) days prior to the new Purchase Date, that the Purchase Date for the
Participant’s Option has been changed and that the Participant’s Option shall be exercised
automatically on the new Purchase Date, unless prior to such date the Participant has withdrawn
from the Offering Period as provided by the Plan. For the purposes of this Section 22, the term
“Change in Control” shall mean the occurrence of any of the following events:

               (i) Any “person” (as such term is used in Sections 13(d) and 14(d) of the Exchange Act)
becomes the “beneficial owner” (as defined in Rule 13d-3 of the Exchange Act), directly or
indirectly, of securities of the Company representing fifty percent (50%) or more of the total
voting power represented by the Company’s then outstanding voting securities; or

               (ii) The consummation of the sale or disposition by the Company of all or substantially all of
the Company’s assets; or

               (iii) A change in the composition of the Board occurring within a two-year period, as a result
of which fewer than a majority of the directors are Incumbent Directors. “Incumbent Directors”
means directors who either (A) are Directors as of the effective date of this Amended and Restated
Plan, or (B) are elected, or nominated for election, to the Board with the affirmative votes of at
least a majority of the Directors at the time of such election or nomination (but will not include
an individual whose election or nomination is in connection with an actual or threatened proxy
contest relating to the election of directors to the Company); or

               (iv) The consummation of a merger or consolidation of the Company with any other corporation,
other than a merger or consolidation which would result in the voting securities of the Company
outstanding immediately prior thereto continuing to represent (either by remaining outstanding or
by being converted into voting securities of the surviving entity or its parent) at least fifty
percent (50%) of the total voting power represented by the voting securities of the Company or such
surviving entity or its parent outstanding immediately after such merger or consolidation.

     23. Notices. All notices or other communications by a Participant to the Company
under or in connection with the Plan shall be deemed to have been duly given when received in the
form and manner specified by the Company at the location, or by the person, designated by the
Company for the receipt thereof.

-8-

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