Document:

Employment Agreement

  
 EXHIBIT 10.1 
  
 July 9, 2002 
  
 Mr. John H. Barnet 
 2 Robert S. Drive 
 Menlo Park, CA 94025 
  
 Subject: Letter Agreement for Retirement

  
 Dear John: 
  
 As we have discussed, it is important for LogicVision to have an orderly succession plan. The Audit Committee has determined that your successor will have to be hired
externally. I would like to allow a year to find your replacement; and therefore, we have discussed your intentions. You have expressed a retirement target date in the April to June 2003 range. In addition, you have indicated that once a replacement
is found, that individual would only want a two-week overlap in order to effect an orderly transition. We have agreed that the best way to accomplish these objectives was to formalize a succession plan. This letter agreement summarizes our mutual
understanding from the discussion. 
  
 1.    Employment.    We hereby
agree that your full-time employment at LogicVision will continue through April 4, 2003, or may be extended at LogicVision’s option for up to an additional two months thereafter. 
  
 2.    CFO Search.    We will begin the search for a replacement for a CFO in the near future. 
  
 3.    Hiring of CFO.    Upon the hiring of a CFO, you agree to resign your position as Vice
President of Finance and CFO and to assist in the orderly transition of duties. 
  
 4.    Part-Time Hourly Employment.    After the conclusion of your tenure as Vice President of Finance and CFO, you will continue as a part-time hourly employee of LogicVision until
September 30, 2003. During your part-time employment, you will be paid on an hourly basis at the rate of $100 per hour, will work a minimum of 5 hours per week, and will make yourself available to work up to 30 hours per week to perform such
assignments as may be assigned to you by LogicVision, including assisting in the transition to the new CFO, at all times subject to the direction and control of LogicVision. You and LogicVision reserve the right to terminate your part-time
employment at any time and for any reason. 
  
 5.    Consideration.    In consideration of your willingness to continue your full-time employment through April 4, 2003, or beyond if required, or to release your office at an

 

 John H. Barnet 
 July 9, 2002 
 Page 2 of 7 
  
 earlier date upon the hiring of a CFO prior to April 4, 2003, and to work on a part-time basis until September 30, 2003, you shall receive the following from us: 
  
 a.  You will continue as the CFO of LogicVision and you will receive the full salary and bonus package that is
customary through 2002. Your salary and bonus package will be prorated for your employment in 2003 prior to a new CFO being hired. 
  
 b.  Upon the hiring of a new CFO, which may be prior to April 4, 2003, you will assist in an orderly transition for a period of up to 30 days, as determined by the new CFO and me, during
which you will be paid your full salary. 
  
 c.  At the end of the transition period of up
to 30 days, we will continue to employ you through April 4, 2003 at 80% of your salary and bonus package (prorated for the year). 
  
 d.  You will continue to be credited with vesting service under your LogicVision stock options for service that you complete as a full-time and part-time employee of LogicVision.

  
 e.  Both you and your wife will continue to be covered by the established benefit plans
offered to employees at least through April 4, 2003, subject to the generally applicable terms and conditions of the plan in question. 
  
 The benefits described above are conditioned on your executing the release attached to this letter. 
  
 Both you and LogicVision agree that this agreement shall be maintained in strict confidence, and neither party shall disclose any of its terms to any other person unless required by law. 
  
 You agree that any future disputes between you and LogicVision shall be resolved in accordance with Section 7 of the attached release,
which is hereby incorporated by reference. 
  
 You and LogicVision also agree that this agreement contains all of our
agreements and understandings, and fully supersedes any prior written or oral agreements or understandings, including any employment agreements, regarding the subject matter of this agreement. 
  

Please accept our sincere good wishes and hopes for your happy retirement. You have been a key asset in our developing a strong company and our successful initial
public offering. 
  
 
	 Sincerely,
  
 /s/    VINOD K. AGARWAL
 
Vinod Agarwal
 President and CEO
 

 

 

  
 John H. Barnet 
 July 9, 2002 
 Page 3 of 7 

 
 I have read and understand the letter and agree to be bound by its terms and conditions. 
  
 
	  	 	  	 	  
	 
	 /s/    JOHN H. BARNET
 
	 	  	 	 July 9, 2002
 

	 John H. Barnet
 	 	  	 	 Date
 

 

 

  
 John H. Barnet 
 July 9, 2002 
 Page 4 of 7 

 
 Release of Claims 
  

	 	•
	 
	This document is an important one. You should review it carefully and, if you agree to it, sign in the space where your agreement is indicated. 

  

	 	•
	 
	You have 21 days to decide whether or not to sign this Release. This period is designed to allow you to consult with a financial advisor, accountant, attorney
or anyone else whose advice you need. You should consult appropriate advisors, including an attorney, during this time period. 
 

  

	 	•
	 
	If you agree to the terms in this Release, sign in the space below where your agreement is indicated. The benefits referenced in this Release are contingent on
your agreeing to this Release. 
 

  

	 	•
	 
	After signing this document you have seven (7) working days to revoke your agreement to the terms of this Release. Any revocation should be in writing and
delivered to Sharon Chisholm, marked Personal and Confidential, by close of business at the end of the seventh business day after signing this document. 
 

  

	 	•
	 
	This Release will not become effective until the seven (7) day revocation period has passed. 
 

  
 1.    Consideration.    You acknowledge that the benefits described in your letter
agreement for retirement dated July 9, 2002 (the “Letter Agreement”) are provided in exchange for your signing this release of claims (the “Release”) and that you are not otherwise entitled to receive those benefits from
LogicVision, Inc. 
  
 2.    Proprietary Information.    On September
1, 1999, you signed the attached “Employee Proprietary Information and Inventions Agreement” (the “Proprietary Inventions Agreement”) regarding confidential information and intellectual property in which you agreed to protect
confidential information of LogicVision both during and after your employment. As a condition of your accepting the benefits described in the Letter Agreement, you reaffirm your obligation to keep secret all confidential information that belongs to
LogicVision in accordance with the Proprietary Inventions Agreement and to return all property that belongs to LogicVision upon termination of your employment. 
  
 3.    Release of Claims.    In return for the benefits described in the Letter Agreement, you and your representatives completely release LogicVision, its
affiliated, related, parent or subsidiary corporations, and its and their present and former directors, officers, and employees from all claims of any kind, known and unknown, which you may now have or have ever had against LogicVision, including
all claims for compensation, bonuses, severance pay, stock options, and all claims arising from your employment with LogicVision or the termination of your 

 

 John H. Barnet 
 July 9, 2002 
 Page 5 of 7 
  
 employment whether based on contract, tort, statute, local ordinance, regulation or any comparable law in any jurisdiction (“Released Claims”). By way of example and not in limitation, the
Released Claims will include any claims that may arise under Title VII of the Civil Rights Act of 1964, the Civil Rights Act of 1990, the Fair Labor Standards Act, the Americans with Disabilities Act of 1990, the Older Workers Benefit Protection
Act, the Age Discrimination in Employment Act of 1967, and the California Fair Employment and Housing Act, as well as any claims asserting wrongful termination, breach of contract, breach of the covenant of good faith and fair dealing, negligent or
intentional infliction of emotional distress, negligent or intentional misrepresentation, negligent or intentional interference with contract or prospective economic advantage, and defamation. This Release recognizes the rights and responsibilities
of the Equal Employment Opportunity Commission (“EEOC”) to enforce the statutes which come under its jurisdiction and is not intended to prevent your from filing a charge or participating in any investigation or proceeding conducted by the
EEOC; provided, however, that nothing in this Section 3 limits or affects the finality or the scope of the release provided in this Section 3, the waiver provided in Section 4 or the agreement to submit claims to final and binding arbitration under
Section 7. 
  
 4.    Civil Code Section 1542.    You agree that
because this Release specifically covers known and unknown claims, you waive your rights under Section 1542 of the California Civil Code, which states: 
  
 “A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM MUST HAVE MATERIALLY
AFFECTED HIS SETTLEMENT TO THE DEBTOR.” 
  
 5.    Severability.    If any term of this Release is held to be invalid, void or unenforceable, the remainder of the Release will remain in full force and effect and will in no way be
affected, and you and LogicVision will use best their efforts to find an alternative way to achieve the same result. 
  
 6.    Entire Agreement.    The provisions of this Release and the Letter Agreement set forth the entire agreement between you and LogicVision regarding their subject matters including,
but not limited to, you employment and separation of service from LogicVision. This Release does not supersede your obligations to maintain the confidentiality of information and intellectual property of LogicVision, whether arising from the
Proprietary Inventions Agreement or from operation of law. This Release can only be changed in writing, signed by you and the Chief Executive Officer of LogicVision. 
  
 7.    Dispute Resolution.    You agree that any future disputes between you and LogicVision (“the parties”),
including but not limited to disputes arising out of or related to this Release, will be resolved by binding arbitration, except where the law specifically forbids the use of arbitration as a final and binding remedy, or where paragraph (g) below
specifically allows a different remedy. 
  
 (a)  You will provide LogicVision with a
written statement of the claim identifying any supporting witnesses or documents and the requested relief. 

 

  
 John H. Barnet 
 July 9, 2002 
 Page 6 of 7 

 
 (b)  LogicVision will furnish a statement of the relief, if any, that it is willing to provide, and
identify supporting witnesses or documents. If the matter is not resolved, the parties will submit the dispute to nonbinding mediation, paid for by LogicVision, before a mediator selected by the parties. 
  
 (c)  If the matter is not resolved through mediation, the parties agree that the dispute will be resolved by
binding arbitration. If the parties are unable to jointly select an arbitrator, they will obtain a list of arbitrators from the Federal Mediation and Conciliation Service and select an arbitrator by striking names from that list. 

 
 (d)  The arbitrator will have the authority to determine whether the conduct complained of in
paragraph (a) above violates your rights and, if so, to grant any relief authorized by law, subject to the exclusions of paragraph (g) below. The arbitrator will not have the authority to modify, change or refuse to enforce any lawful term of this
Release. 
  
 (e)  LogicVision will bear the costs of the arbitration if you prevail. If
LogicVision prevails, you will pay half the cost of the arbitration or $500, whichever is less. Each party will pay its own attorneys’ fees, unless the arbitrator orders otherwise, pursuant to applicable law. 
  
 (f)  Arbitration will be the exclusive final remedy for any dispute between the parties, such as disputes
involving claims for discrimination or harassment (such as claims under the Fair Employment and Housing Act, Title VII of the Civil Rights Act of 1964, the Americans with Disabilities Act, or the Age Discrimination in Employment Act), wrongful
termination, breach of contract, breach of public policy, physical or mental harm or distress or any other disputes, and the parties agree that no dispute will be submitted to arbitration where the complainant has not complied with the preliminary
steps provided for in paragraphs (a) and (b) above. 
  
 (g)  The parties agree that the
arbitration award will be enforceable in any court having jurisdiction to enforce this Release, so long as the arbitrator’s findings of fact are supported by substantial evidence on the whole and the arbitrator has not made errors of law;
however, either party may bring an action, including but not limited to an action for injunctive relief, in a court of competent jurisdiction regarding or related to matters involving LogicVision’s confidential, proprietary or trade secret
information, or regarding or related to inventions that you may claim to have developed prior to joining LogicVision or after joining LogicVision, pursuant to California Labor Code 2870 (“Disputes Related to Inventions”). The parties
further agree that for Disputes Related to Inventions which the parties have elected to submit to arbitration, each party retains the right to seek preliminary injunctive relief in court in order to preserve the status quo or to prevent irreparable
injury before the matter can be heard in arbitration. 
  
 8.    Voluntary Execution of
Release.    By your signature below, you acknowledge each of the following: (a) that you have read this Release or have been afforded every opportunity to do so; (b) that you are fully aware of the Release’s contents and
legal effect; (c) that you have had an opportunity to discuss this Release with legal counsel of your own choosing; and (d) that you have chosen to enter into this Release freely, without coercion, and based upon your 

 

  
 John H. Barnet 
 July 9, 2002 
 Page 7 of 7 

 
 own judgment and not in reliance upon any promises made by LogicVision other than those contained in this Release. 
  
 By your signature, you agree to the terms set forth above, and you agree to this Release. 
  
 Date: July 9, 2002 
  
 I have read and understand this Release and agree to be bound by its terms and conditions. 
  
 
	  	 	  	 	  
	 
	 /S/    JOHN H.
BARNET        
 
	 	  	 	 July 9, 2002
 

	 John H. Barnet
 	 	  	 	 Date1996 Stock Plan

 Exhibit 4.2 
  
 LOGITECH INTERNATIONAL S.A. 
 1996 STOCK PLAN 
 (as amended and restated April 17, 2002) 
  
 1.    Purposes of the
Plan.    The purposes of this Stock Plan are: 
  

	 	•
	 
	to attract and retain the best available personnel for positions of substantial responsibility, 
 

  

	 	•
	 
	to provide additional incentive to Employees and Directors, and 
 

  

	 	•
	 
	to promote the success of the Company’s business. 
 

  
 Options granted under the Plan may be structured, in the discretion of the Administrator, to qualify for preferential tax treatment afforded by jurisdictions in which
Options are granted. Stock Purchase Rights may also be granted under the Plan. 
  
 2.    Definitions.    As used herein, the following definitions shall apply: 
  
 (a)  “Administrator” means the Board or any of its Committees as shall be administering the Plan, in accordance with Section 4 of the Plan. 
  
 (b)  “Affiliate” means any entity other than a Subsidiary, if the Company and/or one or more
Subsidiaries own not less than 50% of such entity.  
  
 (c)  “Applicable Laws” means the requirements relating to the administration of stock option plans under Swiss laws, U.S. state corporate laws, U.S. federal and state securities laws, the Code, any stock
exchange or quotation system on which the Common Stock is listed or quoted and the applicable laws of any foreign country or jurisdiction where Options or Stock Purchase Rights are, or will be, granted under the Plan. 
  
 (d)  “Board” means the Board of Directors of the Company. 
  
 (e)  “Code” means the U.S. Internal Revenue Code of 1986, as amended. 
  
 (f)  “Committee” means a Committee appointed by the Board in accordance with Section 4 of the
Plan. 
  
 (g)  “Company” means Logitech International S.A., a company
incorporated under the laws of Switzerland. 
  
 (h)  “Director” means a
member of the Board. 
  
 (i)  “Disability” means total and permanent
disability as defined in Section 22(e)(3) of the Code. 

 (j)  “Employee” means any person, including officers and Directors, employed
by the Company or any Parent, Subsidiary or Affiliate of the Company. Neither service as a Director nor payment of a director’s fee by the Company shall be sufficient to constitute “employment” by the Company. 
  
 (k)  “Exchange Act” means the U.S. Securities Exchange Act of 1934, as amended. 

 
 (l)  “Fair Market Value” means, as of any date, the value of a Share determined as
follows: 
  
 (i)  If the Shares are listed on any established stock exchange or a national
market system, including without limitation The Nasdaq National Market or The Nasdaq SmallCap Market of The Nasdaq Stock Market, the Geneva Stock Exchange, the Zurich Stock Exchange or the Swiss Electronic Exchange, their Fair Market Value may be
determined with reference to the closing sales price for the Shares (or the closing bid, if no sales were reported) as quoted on any such exchange or system for the last market trading day prior to the time of determination, as reported in The
Wall Street Journal or such other source as the Administrator deems reliable; 
  
 (ii)  If the Shares are regularly quoted by a recognized securities dealer but selling prices are not reported, the Fair Market Value of the Shares shall be the mean between the high bid and low asked prices for the Shares
on the last market trading day prior to the day of determination, as reported in The Wall Street Journal or such other source as the Administrator deems reliable; and 
  
 (iii)  In the absence of an established market for the Shares, the Fair Market Value shall be determined in good faith by the Administrator.

  
 (m)  “Incentive Stock Option” shall mean an option described in
Section 422 of the Code. 
  
 (n)  “Nonstatutory Stock Option” shall mean
an option not described in Section 422 of the Code. 
  
 (o)  “Notice of
Grant” means a written notice evidencing certain terms and conditions of an individual Option or Stock Purchase Right grant. The Notice of Grant is part of the Option Agreement. 
  
 (p)  “Option” means a stock option granted pursuant to the Plan. 
  
 (q)  “Option Agreement” means a written agreement between the Company and an Optionee evidencing the terms and conditions of an
individual Option grant. The Option Agreement is subject to the terms and conditions of the Plan. 
  
 (r)  “Option Exchange Program” means a program whereby outstanding options are surrendered in exchange for options with a lower exercise price. 
  
 (s)  “Optioned Stock” means the Shares subject to an Option or Stock Purchase Right. 
  
 (t)  “Optionee” means an Employee or Director who holds an outstanding Option or Stock Purchase
Right. 
  
 (u)  “Parent” means a “parent corporation,” whether
now or hereafter existing, as defined in Section 424(e) of the Code. 
  
 (v)  “Plan” means this 1996 Stock Plan. 
  

 (w)  “Restricted Stock” means Shares acquired pursuant to a grant of Stock
Purchase Rights under Section 11 below. 
  
 (x)  “Restricted Stock Purchase
Agreement” means a written agreement between the Company and the Optionee evidencing the terms and restrictions applying to stock purchased under a Stock Purchase Right. The Restricted Stock Purchase Agreement is subject to the terms and
conditions of the Plan and the Notice of Grant. 
  
 (y)  “Rule 16b-3”
means Rule 16b-3 under the Exchange Act or any successor to Rule 16b-3, as in effect when discretion is being exercised with respect to the Plan. 
  
 (z)  “Section 16(b)” means Section 16(b) of the Exchange Act. 
  
 (aa)  “Service” means service as Service Provider. Service shall not terminate solely as a result of a Service Provider’s change in status from Director to Employee or
from Employee to Director. Service shall not terminate in the case of transfers between locations of the Company or among the Company, any Parent, any Subsidiary, any Affiliate or any successor. 
  

(bb)  “Service Provider” means a Director or Employee. 
  
 (cc)  “Share” means a Registered Share of the Company, as adjusted in accordance with Section 13 of the Plan, and shall refer,
where appropriate, to American Depositary Shares representing Registered Shares. 
  
 (dd)  “Stock Purchase Right” means the right to purchase Shares pursuant to Section 11 of the Plan, as evidenced by a Notice of Grant. 
  
 (ee)  “Subsidiary” means a “subsidiary corporation,” whether now or hereafter existing, as defined in Section 424(f) of
the Code. 
  
 3.    Stock Subject to the Plan.    Subject to the
provisions of Section 13 of the Plan, the maximum aggregate number of Shares that may be optioned and sold under the Plan is 19,000,000 Shares. The Shares may be authorized but unissued, conditionally issued or reacquired Shares. 

 
 If an Option or Stock Purchase Right expires or becomes unexercisable without having been exercised in full or is surrendered
pursuant to an Option Exchange Program, the unpurchased Shares that were subject thereto shall become available for future grant or sale under the Plan (unless the Plan has terminated). Shares that have actually been issued under the Plan, whether
upon exercise of an Option or Stock Purchase Right, shall not be returned to the Plan and shall not become available for future distribution under the Plan, except that if Shares of Restricted Stock are repurchased by the Company at their original
purchase price, and the original purchaser of such Shares did not receive any benefits of ownership of such Shares, then such Shares shall become available for future grants of Nonstatutory Stock Options or Stock Purchase Rights under the Plan.
(Such Shares shall not become available for future grants of Incentive Stock Options under the Plan.) For this purpose, voting rights shall not be considered a benefit of Share ownership. 
  
 4.    Administration of the Plan. 
  
 (a)  Procedure. 
  
 (i)  Multiple Administrative Bodies.    The Plan may be administered by different Committees with respect to different groups of Service Providers. 
  

 (ii)  Section 162(m).    To the extent that the Administrator
determines it to be desirable to qualify Options granted hereunder as “performance-based compensation” within the meaning of Section 162(m) of the Code, the Plan shall be administered by a Committee of two or more “outside
directors” within the meaning of Section 162(m) of the Code. 
  
 (iii)  Rule
16b-3.    To the extent desirable to qualify transactions hereunder as exempt under Rule 16b-3, the transactions contemplated hereunder shall be structured to satisfy the requirements for exemption under Rule 16b-3.

  
 (iv)  Other Administration.    Other than as provided above,
the Plan shall be administered by (A) the Board or (B) a Committee, which committee shall be constituted to satisfy Applicable Laws. 
  
 (b)  Powers of the Administrator.    Subject to the provisions of the Plan and, in the case of a Committee, subject to the specific duties delegated by the Board to
such Committee, the Administrator shall have the authority, in its discretion: 
  
 (i)  to
determine the Fair Market Value of the Shares, in accordance with Section 2(m) of the Plan; 
  
 (ii)  to select the Employees and Directors to whom Options and Stock Purchase Rights may be granted hereunder; 
  
 (iii)  to determine whether and to what extent Options and Stock Purchase Rights, or any combination thereof, are granted hereunder; 
  
 (iv)  to determine the number of Shares to be covered by each Option and Stock Purchase Right granted hereunder; 
  
 (v)  to approve forms of agreement for use under the Plan; 
  

(vi)  to determine the terms and conditions, not inconsistent with the terms of the Plan, of any award granted hereunder. Such terms and
conditions include, but are not limited to, the exercise price, the time or times when Options or Stock Purchase Rights may be exercised (which may be based on performance criteria), any vesting acceleration or waiver of forfeiture restrictions, and
any restriction or limitation regarding any Option or Stock Purchase Right or Shares relating thereto, based in each case on such factors as the Administrator, in its sole discretion, shall determine; 
  
 (vii)  to reduce the exercise price of any Option or Stock Purchase Right to the then current Fair Market Value,
if the Fair Market Value of the Shares covered by such Option or Stock Purchase Right shall have declined since the date the Option or Stock Purchase Right was granted; 
  
 (viii)  to construe and interpret the terms of the Plan and awards granted pursuant to the Plan; 
  
 (ix)  to prescribe, amend and rescind rules and regulations relating to the Plan, including, without limitation,
rules and regulations relating to (A) sub-plans established for the purpose of qualifying for preferred tax treatment under the tax laws of any country or jurisdiction where Options or Stock Purchase Rights are granted under the Plan and (B) the
issuance of Shares hereunder to a depositary to be represented by American Depositary Shares; 
  

 (x)  to modify or amend each Option or Stock Purchase Right (subject to Section 15(c) of the
Plan), including the discretionary authority to extend the post-termination exercisability period of Options longer than is otherwise provided for in the Plan; 
  
 (xi)  to authorize any person to execute on behalf of the Company any instrument required to effect the grant of an Option or Stock Purchase Right
previously granted by the Administrator; 
  
 (xii)  to institute an Option Exchange
Program; 
  
 (xiii)  to allow Optionees to satisfy withholding tax obligations by electing
to have the Company withhold from the Shares to be issued upon exercise of an Option or Stock Purchase Right that number of Shares having a Fair Market Value equal to the amount required to be withheld. The Fair Market Value of the Shares to be
withheld shall be determined on the date that the amount of tax to be withheld is to be determined. All elections by an Optionee to have Shares withheld for this purpose shall be made in such form and under such conditions as the Administrator may
deem necessary or advisable; and 
  
 (xiv)  to make all other determinations deemed
necessary or advisable for administering the Plan. 
  
 (c)  Effect of
Administrator’s Decision.    The Administrator’s decisions, determinations and interpretations shall be final and binding on all Optionees and any other holders of Options or Stock Purchase Rights. 

 
 5.    Eligibility.    Options and Stock Purchase Rights may be granted to
Employees and Directors. If otherwise eligible, an Employee or Director who has been granted an Option or Stock Purchase Right may be granted additional Options or Stock Purchase Rights. 
  
 6.    Limitations. 
  
 (a)  Neither the Plan nor any Option or Stock Purchase Right shall confer upon an Optionee any right with respect to continuing the Optionee’s employment with the Company, nor shall they interfere in any way
with the Optionee’s right or the Company’s right to terminate such employment at any time, with or without cause. 
  
 (b)  The following limitations shall apply to grants of Options to Employees: 
  
 (i)  No Employee shall be granted, in any fiscal year of the Company, Options to purchase more than 3,000,000 Shares. 
  
 (ii)  In connection with his or her initial employment, an Employee may be granted Options to purchase up to an additional 1,000,000 Shares, which
shall not count against the limit set forth in Paragraph (i) above. 
  
 (iii)  The
foregoing limitations shall be adjusted proportionately in connection with any change in the Company’s capitalization as described in Section 13. 
  
 (iv)  If an Option is cancelled in the same fiscal year of the Company in which it was granted (other than in connection with a transaction
described in Section 13), the cancelled Option will be counted against the limits set forth in Paragraphs (i) and (ii) above. For this purpose, if the exercise price of an Option is reduced, the transaction will be treated as a cancellation of the
Option and the grant of a new Option. 
  

 7.    Term of Plan.    Subject to Section 19 of the Plan, the Plan shall
become effective upon the effectiveness of the Company’s Registration Statement on Form F-1 filed with the Securities Exchange Commission for the initial United States public offering of the Shares. It shall continue in effect for a term of ten
(10) years unless terminated earlier under Section 15 of the Plan. 
  
 8.    Term of
Option.    The term of each Option shall be stated in the Notice of Grant. 
  
 9.    Option Exercise Price and Consideration. 
  
 (a)  Exercise Price.    The per share exercise price for the Shares to be issued pursuant to exercise of an Option shall be determined by the Administrator; provided, however, that the per Share
exercise price shall not be less than 100% of Fair Market Value per Share on the date of grant. 
  
 (b)  Waiting Period and Exercise Dates.    At the time an Option is granted, the Administrator shall fix the period within which the Option may be exercised and shall determine any conditions that
must be satisfied before the Option may be exercised. In so doing, the Administrator may specify that an Option may not be exercised until the completion of a Service period. 
  
 (c)  Form of Consideration.    The Administrator shall determine the acceptable form of consideration for exercising an
Option, including the method of payment. Such consideration may consist entirely of: 
  
 (i)  cash; 
  
 (ii)  check; 
  
 (iii)  wire transfer; 
  
 (iv)  promissory note; 
  
 (v)  other Shares that (A) in the case of Shares acquired upon exercise of an option, have been owned by the Optionee for more than six months on the date of surrender, and (B) have a Fair
Market Value on the date of surrender equal to the aggregate exercise price of the Shares as to which said Option shall be exercised; 
  
 (vi)  consideration received by the Company under a cashless exercise program implemented by the Company in connection with the Plan; 
  

(vii)  any combination of the foregoing methods of payment; or 
  
 (viii)  such other consideration and method of payment for the issuance of Shares to the extent permitted by Applicable Laws. 

 
 10.    Exercise of Option. 
  
 (a)  Procedure for Exercise; Rights as a Shareholder.    Any Option granted hereunder shall be exercisable according to
the terms of the Plan and at such times and under such conditions as determined by the Administrator and set forth in the Option Agreement. 
  
 An Option shall be deemed exercised when the Company receives (i) written notice of exercise (in accordance with the Option Agreement) from the person entitled to exercise the Option and (ii) full

  

 payment for the Shares with respect to which the Option is exercised. Full payment may consist of any consideration and
method of payment authorized by the Administrator and permitted by the Option Agreement and the Plan. Shares issued upon exercise of an Option shall be issued in the name of the Optionee or, if requested by the Optionee, in the name of the Optionee
and his or her spouse. The Company shall issue (or cause to be issued) a stock certificate promptly after the Option is exercised. No adjustment will be made for a dividend or other right for which the record date is prior to the date the Option is
exercised, except as provided in Section 13 of the Plan. 
  
 (b)  Termination of
Employment or Directorship.    Upon termination of an Optionee’s Service, other than upon the Optionee’s death or Disability, the Optionee may exercise his or her Option within such period of time as is specified in
the Notice of Grant to the extent that he or she is entitled to exercise it on the date of termination (but in no event later than the expiration of the term of such Option as set forth in the Notice of Grant). In the absence of a specified time in
the Notice of Grant, the Option shall remain exercisable for three (3) months following the termination of the Optionee’s Service. If, on the date of termination of Service, the Optionee is not entitled to exercise his or her entire Option, the
Shares covered by the unexercisable portion of the Option shall revert to the Plan. If, after termination of Service, the Optionee does not exercise his or her Option within the time specified by the Administrator, the Option shall terminate, and
the Shares covered by such Option shall revert to the Plan. 
  
 (c)  Disability of
Optionee.    Upon termination of an Optionee’s Service as a result of the Optionee’s Disability, the Optionee may exercise his or her Option at any time within twelve (12) months from the date of termination, but
only to the extent that the Optionee is entitled to exercise it on the date of termination (and in no event later than the expiration of the term of the Option as set forth in the Notice of Grant). If, on the date of termination of Service, the
Optionee is not entitled to exercise his or her entire Option, the Shares covered by the unexercisable portion of the Option shall revert to the Plan. If, after termination of Service, the Optionee does not exercise his or her Option within the time
specified herein, the Option shall terminate, and the Shares covered by such Option shall revert to the Plan. 
  
 (d)  Death of Optionee.    Upon the death of an Optionee, the Option may be exercised at any time within twelve (12) months following the date of death (but in no event later than the expiration
of the term of such Option as set forth in the Notice of Grant) by the Optionee’s estate or by a person who acquires the right to exercise the Option by bequest, inheritance or beneficiary designation, but only to the extent that the Optionee
would have been entitled to exercise the Option on the date of death. If, at the time of death, the Optionee is not entitled to exercise his or her entire Option, the Shares covered by the unexercisable portion of the Option shall immediately revert
to the Plan. If the Optionee’s estate or the person who acquires the right to exercise the Option by bequest, inheritance or beneficiary designation does not exercise the Option within the time specified herein, the Option shall terminate, and
the Shares covered by such Option shall revert to the Plan. 
  
 (e)  Buyout
Provisions.    The Administrator may at any time offer to buy out for a payment in cash or Shares, an Option previously granted based on such terms and conditions as the Administrator shall establish and communicate to the
Optionee at the time that such offer is made. 
  
 11.    Stock Purchase Rights.

  
 (a)  Rights to Purchase.    Stock Purchase Rights may be
issued either alone, in addition to, or in tandem with other awards granted under the Plan and/or cash awards made outside of the Plan. After the Administrator determines that it will offer Stock Purchase Rights under the Plan, it shall advise the
offeree in writing, by means of a Notice of Grant, of the terms, conditions and restrictions related to the offer, including the number of Shares that the offeree shall be entitled to purchase, the price to be paid, and the time within which the
offeree must accept such offer, which shall in no event exceed six (6) months from the date upon 
  

 which the Administrator made the determination to grant the Stock Purchase Right. The offer shall be accepted by
execution of a Restricted Stock Purchase Agreement in the form determined by the Administrator. 
  
 (b)  Repurchase Option.    Unless the Administrator determines otherwise, the Restricted Stock Purchase Agreement shall grant the Company a repurchase option exercisable upon the voluntary or
involuntary termination of the purchaser’s employment with the Company for any reason (including death or Disability). The purchase price for Shares repurchased pursuant to the Restricted Stock purchase agreement shall be the original price
paid by the purchaser and may be paid by cancellation of any indebtedness of the purchaser to the Company. The repurchase option shall lapse at a rate determined by the Administrator. 
  
 (c)  Other Provisions.    The Restricted Stock Purchase Agreement shall contain such other terms, provisions and
conditions not inconsistent with the Plan as may be determined by the Administrator in its sole discretion. In addition, the provisions of Restricted Stock Purchase Agreements need not be the same with respect to each purchaser. 

 
 (d)  Rights as a Shareholder.    Once the Stock Purchase Right is
exercised, the purchaser shall have the rights equivalent to those of a shareholder, and shall be a shareholder when his or her purchase is entered upon the records of the Company. No adjustment will be made for a dividend or other right for which
the record date is prior to the date the Stock Purchase Right is exercised, except as provided in Section 13 of the Plan. 
  
 12.    Non-Transferability of Options and Stock Purchase Rights.    Unless determined otherwise by the Administrator, an Option or Stock Purchase Right may not be sold, pledged,
assigned, hypothecated, transferred or disposed of in any manner other than by will, by beneficiary designation or by the laws of descent or distribution and may be exercised, during the lifetime of the Optionee, only by the Optionee. If the
Administrator makes an Option or Stock Purchase Right transferable, such Option or Stock Purchase Right shall contain such additional terms and conditions as the Administrator deems appropriate. 
  

13.    Adjustments Upon Changes in Capitalization, Dissolution, Merger or Asset Sale. 
  

(a)  Changes in Capitalization.    Subject to any required action by the shareholders of the Company, the number
of Shares covered by each outstanding Option and Stock Purchase Right, and the number of Shares which have been authorized for issuance under the Plan but as to which no Options or Stock Purchase Rights have yet been granted or which have been
returned to the Plan upon cancellation or expiration of an Option or Stock Purchase Right, as well as the price per share of Shares covered by each such outstanding Option or Stock Purchase Right, shall be proportionately adjusted for any increase
or decrease in the number of issued Shares resulting from a stock split, reverse stock split, stock dividend, combination or reclassification of the Shares, or any other increase or decrease in the number of issued Shares effected without receipt of
full consideration by the Company; provided, however, that conversion of any convertible securities of the Company shall not be deemed to have been “effected without receipt of full consideration.” Such adjustment shall be made by the
Board, whose determination in that respect shall be final, binding and conclusive. Except as expressly provided herein, no issuance by the Company of shares of stock of any class, or securities convertible into shares of stock of any class, shall
affect, and no adjustment by reason thereof shall be made with respect to, the number or price of Shares subject to an Option or Stock Purchase Right. 
  
 (b)  Dissolution or Liquidation.    In the event of the proposed dissolution or liquidation of the Company, the
Administrator shall notify each Optionee as soon as practicable prior to the effective date of such proposed transaction. The Administrator in its discretion may provide for an Optionee to have the right to exercise his or her Option until ten (10)
days prior to such transaction as to all of the Optioned Stock covered thereby, including Shares as to which the Option would not otherwise be exercisable. In addition, the 

 Administrator may provide that any Company repurchase option applicable to any Shares purchased upon exercise of an
Option shall lapse as to all such Shares, provided the proposed dissolution or liquidation takes place at the time and in the manner contemplated. To the extent it has not been previously exercised, an Option will terminate immediately prior to the
consummation of such proposed action. 
  
 (c)  Merger or Asset
Sale.    In the event of a merger of the Company with or into another corporation, or the sale of substantially all of the assets of the Company, each outstanding Option and Stock Purchase Right shall be assumed or an
equivalent option or right 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 or Stock Purchase Right, the
Optionee shall fully vest in and have the right to exercise the Option or Stock Purchase Right as to all of the Optioned Stock, including Shares as to which it would not otherwise be vested or exercisable. If an Option or Stock Purchase Right
becomes fully vested and exercisable in lieu of assumption or substitution in the event of a merger or sale of assets, the Administrator shall notify the Optionee that the Option or Stock Purchase Right shall be fully vested and exercisable for a
period of fifteen (15) days from the date of such notice, and the Option or Stock Purchase Right shall terminate upon the expiration of such period. 
  
 For the purposes of this Subsection (c), the Option or Stock Purchase Right shall be considered assumed if, following the merger or sale of assets, the
Option or right confers the right to purchase or receive, for each Share of Optioned Stock subject to the Option or Stock Purchase Right immediately prior to the merger or sale of assets, the consideration (whether stock, cash, or other securities
or property) received in the merger or sale of assets by holders of Common Stock for each Share held on the effective date of the transaction (and if holders were offered a choice of consideration, the type of consideration chosen by the holders of
a majority of the outstanding Shares); provided, however, that if such consideration received in the merger or sale of assets is not solely common stock of the successor corporation or its Parent, the Administrator may, with the consent of the
successor corporation, provide for the consideration to be received upon the exercise of the Option or Stock Purchase Right, for each Share of Optioned Stock subject to the Option or Stock Purchase Right, to be solely common stock of the successor
corporation or its Parent equal in fair market value to the per share consideration received by holders of Common Stock in the merger or sale of assets. 
  
 For the purposes of this Subsection (c), an Option that was granted after January 1, 2002, and that is not yet exercisable shall also be considered assumed
if, following the merger or sale of assets, the Optionee has the right to receive, at the time or times such Option would have become exercisable, an amount of cash for each Share of Optioned Stock subject to such Option equal to the sum of:

  
 (i)  the excess of (A) the Fair Market Value of such Share immediately prior to the
closing of the merger or sale of assets over (B) the exercise price of such Option; plus 
  
 (ii)  interest on the amount described in Paragraph (i) above at a reasonable rate. 
  
 14.    Date of Grant.    The date of grant of an Option or Stock Purchase Right shall be, for all purposes, the date on which the Administrator makes the determination granting such
Option or Stock Purchase Right, or such other later date as is determined by the Administrator. Notice of the determination shall be provided to each Optionee within a reasonable time after the date of such grant. 

 15.    Amendment and Termination of the Plan. 
  
 (a)  Amendment and Termination.    The Board may at any time amend, alter, suspend or
terminate the Plan. 
  
 (b)  Shareholder Approval.    The
Company shall obtain shareholder approval of any Plan amendment to the extent necessary and desirable to comply with Applicable Laws, including the requirements of any exchange or quotation system on which the Shares are listed or quoted. Such
shareholder approval, if required, shall be obtained in such a manner and to such a degree as is required by Applicable Laws. 
  
 (c)  Effect of Amendment or Termination.    No amendment, alteration, suspension or termination of the Plan shall impair the rights of any Optionee, unless mutually
agreed otherwise between the Optionee and the Administrator, which agreement must be in writing and signed by the Optionee and the Company. 
  
 16.    Conditions Upon Issuance of Shares. 
  
 (a)  Legal Compliance.    Shares shall not be issued pursuant to the exercise of an Option or Stock Purchase Right unless the exercise of such Option or Stock Purchase Right and the
issuance and delivery of such Shares shall comply with Applicable Laws, and shall be further subject to the approval of counsel for the Company with respect to such compliance. 
  
 (b)  Investment Representations.    As a condition to the exercise of an Option or Stock Purchase Right, the Company
may require the person exercising such Option or Stock Purchase Right to represent and warrant at the time of any such exercise that the Shares are being purchased only for investment and without any present intention to sell or distribute such
Shares if, in the opinion of counsel for the Company, such a representation is required. 
  
 17.    Liability of Company. 
  
 (a)  Inability to Obtain Authority.    The inability of the Company to obtain authority from any regulatory body having jurisdiction, which authority is deemed by the Company’s counsel to be
necessary to the lawful issuance and sale of any Shares hereunder, shall relieve the Company of any liability in respect of the failure to issue or sell such Shares as to which such requisite authority shall not have been obtained. 

 
 (b)  Grants Exceeding Allotted Shares.    If the Optioned Stock covered by
an Option or Stock Purchase Right exceeds, as of the date of grant, the number of Shares which may be issued under the Plan without additional shareholder approval, such Option or Stock Purchase Right shall be void with respect to such excess
Optioned Stock, unless shareholder approval of an amendment sufficiently increasing the number of Shares subject to the Plan is timely obtained in accordance with Section 15(b) of the Plan. 
  
 18.    Reservation of Shares.    The Company, during the term of this Plan, will at all times reserve and keep available such
number of Shares as shall be sufficient to satisfy the requirements of the Plan. 
  
 19.    Shareholder Approval.    Continuance of the Plan shall be subject to approval by the shareholders of the Company within twelve (12) months before or after the date the Plan is
adopted. Such shareholder approval shall be obtained in the manner and to the degree required under Applicable Laws. 

  
 IN WITNESS WHEREOF, the undersigned President and Chief Executive Officer of
Logitech International S.A. certifies that the foregoing Logitech International S.A. 1996 Employee Share Purchase Plan was duly adopted by the Board of Directors of Logitech International S.A. on the 24th day of April, 1996, and amended by the Board
of Directors on the 12th day of February, 1997, the 22nd day of April, 1998, and the 17th day of April, 2002. 
  
  
  
 President and Chief Executive Officer 

 LOGITECH INTERNATIONAL S.A. 1996 STOCK PLAN 
  
 STOCK OPTION AGREEMENT 
  
 I.    NOTICE OF STOCK OPTION GRANT 
  
 Optionee’s Name:        _____________________________ 
  
 1.    The Optionee named above (the “Optionee”) has been granted an option to purchase Registered Shares or ADRs of Logitech International S.A. (the “Company”), subject to the terms and
conditions of the Logitech International S.A. 1996 Stock Plan (the “Plan”) and this Option Agreement, as follows: 
  
 Date of Grant:        _____________________ 
  
 
	 Registered Shares or ADRs Granted:
 	 	  ̈    Registered Shares
 
	  	 	  ̈    ADRs
 

 
  
 Vesting Commencement
Date:        _____________________ 
  
 Exercise Price per
Share/ADR:        _____________________ 
  
 Total Number of
Shares/ADRs Granted:        _____________________ 
  
 Total
Exercise Price:        _____________________ 
  
 Term/Expiration Date:        _____________________ 
  
 Unless
otherwise defined herein, the terms defined in the Plan shall have the same defined meanings in this Agreement. For purposes of this Agreement, the term “Shares” will mean either Registered Shares or ADRs, as appropriate in the context.

  
 2.    Vesting Schedule.    This Option may be exercised, in whole
or in part, in accordance with the following schedule: 25% of the total Shares subject to this Option shall vest 12 months after the Vesting Commencement Date, and 25% of the total Shares subject to this Option shall vest annually on each
anniversary of the Vesting Commencement Date thereafter until all Shares subject to this Option are vested in full. However, vesting shall cease immediately when the Optionee’s Vesting Service terminates or is interrupted for any reason.
“Vesting Service” shall mean Service, as defined in the Plan, except as provided in the next sentence. In the case of a leave of absence approved by the Company in writing, Vesting Service shall be considered interrupted when the last of
the following occurs: 
  
 (a)  The 120th day of such leave of absence; 

 
 (b)  The earliest date when Vesting Service may be considered interrupted under applicable law; or

 (c)  The earliest date when Vesting Service may be considered interrupted under a contract with
the Service Provider or, absent a contract, under the Company’s leave of absence policy. 
  
 A leave of absence
approved by the Company may include sick leave, military leave, or any other personal leave approved in writing by an authorized representative of the Company. If Vesting Service was interrupted as a result of a leave of absence, Vesting Service
shall resume when the Service Provider returns to work. 
  
 3.    Termination
Period.    This Option may be exercised for three months after the Optionee’s Service terminates. Upon the death or Disability of the Optionee, this Option may be exercised for one year after the Optionee’s Service
terminates. In no event shall this Option be exercised later than the Term/Expiration Date as provided above. 
  
 II.    AGREEMENT 
  
 1.    Grant of
Option.    The Company hereby grants to the Optionee an option (the “Option”) to purchase the number of Shares set forth in the Notice of Stock Option Grant attached as Part I of this Agreement (the “Notice of
Grant”) at the exercise price per Share set forth in the Notice of Grant (the “Exercise Price”), subject to the terms and conditions of the Plan, which is incorporated herein by reference. Subject to Section 15(c) of the Plan, in the
event of a conflict between the terms and conditions of the Plan and the terms and conditions of this Option Agreement, the terms and conditions of the Plan shall prevail. 
  
 2.    Exercise of Option. 
  
 (a)  Right to Exercise.    This Option is exercisable during its term in accordance with the Vesting Schedule set forth in the Notice of Grant and the applicable
provisions of the Plan and this Option Agreement. 
  
 (b)  Method of
Exercise.    This Option is exercisable by delivery of an exercise notice (the “Exercise Notice”), which shall state the election to exercise the Option, the number of Shares in respect of which the Option is being
exercised (the “Exercised Shares”) and such other representations and agreements as may be required by the Company pursuant to the provisions of the Plan. The Exercise Notice shall be completed by the Optionee and delivered to the local
stock administrator. The Exercise Notice shall be accompanied by payment of the aggregate Exercise Price as to all Exercised Shares. This Option shall be deemed to be exercised upon receipt by the Company of such fully executed Exercise Notice
accompanied by such aggregate Exercise Price. 
  
 No Shares shall be issued pursuant to the exercise of this Option
unless such issuance and exercise complies with Applicable Laws. Assuming such compliance, for income tax purposes the Exercised Shares shall be considered transferred to the Optionee on the date the Option is exercised with respect to such
Exercised Shares. 
  
 3.    Method of Payment.    Payment of the
aggregate Exercise Price shall be by any of the following, or a combination thereof, at the election of the Optionee: (a) cash, (b) check, (c) with the Administrator’s consent, delivery of the Optionee’s promissory note in the amount of
the aggregate Exercise Price of the Exercised Shares or (d) with the Administrator’s consent if this Option is for ADRs, consideration received by the Company under a cashless exercise program implemented by the Company in connection with the
Plan. 
  
 4.    Non-Transferability of Option.    This Option may not
be transferred in any manner otherwise than by will, by a written beneficiary designation or by the laws of descent or distribution and may be exercised 

 during the lifetime of Optionee only by the Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors,
administrators, heirs, beneficiaries, successors and assigns of the Optionee. 
  
 5.    Term
of Option.    This Option may be exercised only within the term set forth in the Notice of Grant and may be exercised during such term only in accordance with the Plan and the terms of this Option Agreement. 

 
 6.    Taxes.    The tax consequences to the Optionee as a result of the grant or
exercise of this Option will depend upon the laws of the country in which the Optionee is subject to tax. THE OPTIONEE SHOULD CONSULT A TAX ADVISER CONCERNING THE GRANT AND EXERCISE OF THIS OPTION, AS WELL AS DISPOSITION OF THE SHARES. If the
Optionee is located in the United States, this Option is a Nonstatutory Stock Option. 
  
 7.    Entire Agreement; Governing Law.    The Plan and this Option Agreement constitute the entire agreement of the parties with respect to the subject matter hereof and supersede in
their entirety all prior undertakings and agreements of the Company and the Optionee with respect to the subject matter hereof, and may not be modified adversely to the Optionee’s interest except by means of a writing signed by the Company and
the Optionee. This Option Agreement is governed by the internal substantive laws, but not the choice-of-law rules, of Switzerland (the Company’s jurisdiction of organization). 
  
 8.    NO GUARANTEE OF CONTINUED SERVICE.    THE OPTIONEE ACKNOWLEDGES AND AGREES THAT THE VESTING OF SHARES PURSUANT TO THE
VESTING SCHEDULE HEREOF IS EARNED ONLY BY CONTINUING AS A SERVICE PROVIDER AT THE WILL OF THE COMPANY (AND NOT THROUGH THE ACT OF BEING HIRED, BEING GRANTED AN OPTION OR PURCHASING SHARES HEREUNDER). THE OPTIONEE FURTHER ACKNOWLEDGES AND AGREES THAT
THIS AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREUNDER AND THE VESTING SCHEDULE SET FORTH HEREIN DO NOT CONSTITUTE AN EXPRESS OR IMPLIED PROMISE OF CONTINUED SERVICE FOR THE VESTING PERIOD, FOR ANY PERIOD OR AT ALL, AND SHALL NOT INTERFERE WITH THE
OPTIONEE’S RIGHT OR THE COMPANY’S RIGHT TO TERMINATE THE OPTIONEE’S SERVICE AT ANY TIME, WITH OR WITHOUT CAUSE. 
  
 9.    Suspension/Termination of Plan.    The Plan is discretionary in nature and may be suspended or terminated by the Company at any time. Participation in the Plan is voluntary.

  
 10.    Extraordinary Part of Compensation.    The value of the
purchase rights or options under the Plan is an extraordinary item of compensation and is not part of an Optionee’s normal or expected compensation for purposes of calculating any severance, resignation, redundancy or end-of-service payments,
bonuses, long-service awards, pension or retirement benefits, or similar payments. 
  
 11.    Data Protection.    In order to perform its obligations under the Plan, the Company may process personal and financial data about participating Optionees. By participating in the
Plan, the Optionee gives his or her consent to the Company to process and to transfer any such data outside the country in which the Optionee works or is employed. Any Optionee is entitled to review and correct such data as it pertains to him or
her. 
  
 12.    Repatriation of Profits.    In certain countries,
persons employed in those countries are responsible for bringing back into the country the proceeds of any investments abroad that have been received as a result of the exercise of an award under the Plan. If any foreign exchange control approval,
consent or permission is required for the exercise of a purchase right or option under the Plan, the Optionee is responsible for obtaining all such approvals, consents and permissions. The Company is not responsible for this activity and will not be
liable for any loss that the Optionee incurs because such approvals have not been obtained. 

 13.    Witholding Tax.    In certain countries, there are payroll
withholding requirements on the grant, exercise, purchase or sale of an award under the Plan. If this is required, the Company will withhold for appropriate social and other taxes. In certain countries, there are also reporting requirements for
employees on the grant, exercise, purchase or sale of an award under the Plan. It is the Optionee’s responsibility to make the proper reports. The Company is not responsible for making reports on the Optionee’s behalf and will not be
liable for any loss the Optionee may incur because such reports have not been made. 
  
 By the Optionee’s
signature and the signature of the Company’s representative below, the Optionee and the Company agree that this Option is granted under and governed by the terms and conditions of the Plan and this Option Agreement. The Optionee has reviewed
the Plan and this Option Agreement in their entirety, has had an opportunity to obtain the advice of counsel prior to executing this Option Agreement and fully understands all provisions of the Plan and Option Agreement. The Optionee hereby agrees
to accept as binding, conclusive and final all decisions or interpretations of the Administrator upon any questions relating to the Plan and Option Agreement. The Optionee further agrees to notify the Company upon any change in the residence address
indicated below. 
  
 
	 OPTIONEE:
 	 	  	 	 THE COMPANY:
 
	  	 	  	 	  	 	  	 	  
	 
	 
Signature
 	 	  	 	 
By
 
	  	 	  	 	  	 	  
	 
	 
Print Name
 	 	  	 	 
Title
 
	  	 	  	 	  	 	  	 	  
	 
	 
Residence Address
 	 	  	 	 
By
 
	  	 	  	 	  	 	  	 	  
	 
	 
	 	  	 	 
Title

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00044-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00044-of-00352.parquet"}]]