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                                                                   Exhibit 10.01

                              SYMANTEC CORPORATION
                           1996 EQUITY INCENTIVE PLAN

   1. Purpose. The purpose of this Plan is to provide incentives to attract,
retain and motivate eligible persons whose present and potential contributions
are important to the success of the Company, its Parent, Subsidiaries and
Affiliates, by offering them an opportunity to participate in the Company's
future performance through awards of Options. Capitalized terms not defined in
the text are defined in Section 22.

   2. Shares Subject to the Plan.

   2.1 Number of Shares Available. Subject to Sections 2.2 and 17, the total
number of Shares reserved and available for grant and issuance pursuant to this
Plan will be 48,872,204 Shares. Subject to Sections 2.2 and 17, Shares that: (a)
are subject to issuance upon exercise of an Option but cease to be subject to
such Option for any reason other than exercise of such Option; (b) are subject
to an Award granted hereunder but are forfeited or are repurchased by the
Company at the original issue price; or (c) are subject to an Award that
otherwise terminates without Shares being issued; will again be available for
grant and issuance in connection with future Awards under this Plan. At all
times the Company shall reserve and keep available a sufficient number of Shares
as shall be required to satisfy the requirements of all outstanding Options
granted under this Plan and all other outstanding but unvested Awards granted
under this Plan.

   2.2 Adjustment of Shares. In the event that the number of outstanding Shares
is changed by a stock dividend, recapitalization, stock split, reverse stock
split, subdivision, combination, reclassification or similar change in the
capital structure of the Company without consideration, then (a) the number of
Shares reserved for issuance under this Plan, (b) the Exercise Prices of and
number of Shares subject to outstanding Options, and (c) the number of Shares
subject to other outstanding Awards will be proportionately adjusted, subject to
any required action by the Board or the stockholders of the Company and
compliance with applicable securities laws; provided, however, that fractions of
a Share will not be issued but will either be replaced by a cash payment equal
to the Fair Market Value of such fraction of a Share or will be rounded up to
the nearest whole Share, as determined by the Committee.

   3. Eligibility. ISOs (as defined in Section 5 below) may be granted only to
employees (including officers and directors who are also employees) of the
Company or of a Parent or Subsidiary of the Company. All other Awards may be
granted to employees, officers, directors, consultants, independent contractors
and advisors of the Company or any Parent, Subsidiary or Affiliate of the
Company; provided such consultants, contractors and advisors render bona fide
services not in connection with the offer and sale of securities in a
capital-raising transaction; and provided further, that unless otherwise
determined by the Board, non-employee directors shall receive options only
pursuant to the formula award provisions set forth in Section 6. No person will
be eligible to receive more than 500,000 Shares in any calendar year under this
Plan pursuant to the grant of Awards hereunder, other than new employees of the
Company or of a Parent, Subsidiary or Affiliate of the Company (including new
employees who are also officers and directors of the Company or any Parent,
Subsidiary or Affiliate of the Company) who are eligible to receive up to a
maximum of 800,000 Shares in the calendar year in which they commence their
employment. A person may be granted more than one Award under this Plan.

   4. Administration.

   4.1 Committee Authority. This Plan will be administered by the Committee or
by the Board acting as the Committee. Subject to the general purposes, terms and
conditions of this Plan, and to the direction of the Board, except as provided
in Section 6, the Committee will have full power to implement and carry out this
Plan. Without limitation, the Committee will have the authority to:

     (a) construe and interpret this Plan, any Award Agreement and any other
   agreement or document executed pursuant to this Plan;

     (b) prescribe, amend and rescind rules and regulations relating to this
   Plan;

     (c) select persons to receive Awards;

     (d) determine the form and terms of Awards;

     (e) determine the number of Shares or other consideration subject to
   Awards;

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     (f) determine whether Awards will be granted singly, in combination with,
   in tandem with, in replacement of, or as alternatives to, other Awards under
   this Plan or any other incentive or compensation plan of the Company or any
   Parent, Subsidiary or Affiliate of the Company;

     (g) grant waivers of Plan or Award conditions;

     (h) determine the vesting, exercisability and payment of Awards;

     (i) correct any defect, supply any omission or reconcile any inconsistency
   in this Plan, any Award or any Award Agreement;

     (j) amend any option agreements executed in connection with this Plan;

     (k) determine whether an Award has been earned; and

     (l) make all other determinations necessary or advisable for the
   administration of this Plan.

   4.2 Committee Discretion. Any determination made by the Committee with
respect to any Award will be made in its sole discretion at the time of grant of
the Award or, unless in contravention of any express term of this Plan or Award,
at any later time, and such determination will be final and binding on the
Company and on all persons having an interest in any Award under this Plan. The
Committee may delegate to one or more officers of the Company the authority to
grant an Award under this Plan to Participants who are not Insiders of the
Company.

   4.3 Section 162(m) Requirements. If two or more members of the Board are
Outside Directors, the Committee will be comprised of at least two (2) members
of the Board, all of whom are Outside Directors.

   5. Options. The Committee may grant Options to eligible persons and will
determine whether such Options will be Incentive Stock Options within the
meaning of the Code ("ISOs") or Nonqualified Stock Options ("NQSOs"), the number
of Shares subject to the Option, the Exercise Price of the Option, the period
during which the Option may be exercised, and all other terms and conditions of
the Option, subject to the following:

   5.1 Form of Option Grant. Each Option granted under this Plan will be
evidenced by an Award Agreement which will expressly identify the Option as an
ISO or an NQSO ("Stock Option Agreement"), and will be in such form and contain
such provisions (which need not be the same for each Participant) as the
Committee may from time to time approve, and which will comply with and be
subject to the terms and conditions of this Plan.

   5.2 Date of Grant. The date of grant of an Option will be the date on which
the Committee makes the determination to grant such Option, unless otherwise
specified by the Committee. The Stock Option Agreement and a copy of this Plan
will be delivered to the Participant within a reasonable time after the granting
of the Option.

   5.3 Exercise Period. Options will be exercisable within the times or upon the
events determined by the Committee as set forth in the Stock Option Agreement
governing such Option; provided, however, that no Option will be exercisable
after the expiration of ten (10) years from the date the Option is granted; and
provided further that no ISO granted to a person who directly or by attribution
owns more than ten percent (10%) of the total combined voting power of all
classes of stock of the Company or of any Parent or Subsidiary of the Company
("Ten Percent Stockholder") will be exercisable after the expiration of five (5)
years from the date the ISO is granted. The Committee also may provide for the
exercise of Options to become exercisable at one time or from time to time,
periodically or otherwise, in such number of Shares or percentage of Shares as
the Committee determines.

   5.4 Exercise Price. The Exercise Price of an Option will be determined by the
Committee when the Option is granted and may be not less than 100% of the Fair
Market Value of the Shares on the date of grant; provided that the Exercise
Price of any ISO granted to a Ten Percent Stockholder will not be less than 110%
of the Fair Market Value of the Shares on the date of grant. Payment for the
Shares purchased may be made in accordance with Section 7 of this Plan.

   5.5 Method of Exercise. Options may be exercised only by delivery to the
Company of a written stock option exercise agreement (the "Exercise Agreement")
in a form approved by the Committee (which need not be the same for each
Participant), stating the number of Shares being purchased, the restrictions
imposed on the Shares purchased under such Exercise Agreement, if any, and such
representations and agreements regarding Participant's investment intent and
access to information and other matters, if any, as may

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be required or desirable by the Company to comply with applicable securities
laws, together with payment in full of the Exercise Price for the number of
Shares being purchased.

   5.6 Termination. Notwithstanding the exercise periods set forth in the Stock
Option Agreement, exercise of an Option will always be subject to the following:

     (a) If the Participant is Terminated for any reason except death or
   Disability, then the Participant may exercise such Participant's Options only
   to the extent that such Options would have been exercisable upon the
   Termination Date no later than three (3) months after the Termination Date
   (or such shorter or longer time period not exceeding five (5) years as may be
   determined by the Committee, with any exercise beyond three (3) months after
   the Termination Date deemed to be an NQSO), but in any event, no later than
   the expiration date of the Options; provided however, that options granted to
   non-employee directors pursuant to Section 6 shall remain exercisable for a
   period of seven (7) months following the non-employee director's termination
   as a director or consultant of the Company or any Affiliate.

     (b) If the Participant is Terminated because of Participant's death or
   Disability (or the Participant dies within three (3) months after a
   Termination other than because of Participant's death or disability), then
   Participant's Options may be exercised only to the extent that such Options
   would have been exercisable by Participant on the Termination Date and must
   be exercised by Participant (or Participant's legal representative or
   authorized assignee) no later than twelve (12) months after the Termination
   Date (or such shorter or longer time period not exceeding five (5) years as
   may be determined by the Committee, with any such exercise beyond (a) three
   (3) months after the Termination Date when the Termination is for any reason
   other than the Participant's death or Disability, or (b) twelve (12) months
   after the Termination Date when the Termination is for Participant's death or
   Disability, deemed to be an NQSO), but in any event no later than the
   expiration date of the Options.

     (c) Notwithstanding anything to the contrary herein, if the Participant is
   Terminated because of the Participant's actual or alleged commitment of a
   criminal act or an intentional tort and the Company (or an employee of the
   Company) is the victim or object of such criminal act or intentional tort or
   such criminal act or intentional tort results, in the reasonable opinion of
   the Company, in liability, loss, damage or injury to the Company, then, at
   the Company's election, Participant's Options shall not be exercisable and
   shall expire upon the Participant's Termination Date. Termination by the
   Company based on a Participant's alleged commitment of a criminal act or an
   intentional tort shall be based on a reasonable investigation of the facts
   and a determination by the Company that a preponderance of the evidence
   discovered in such investigation indicates that such Participant is guilty of
   such criminal act or intentional tort.

   5.7 Limitations on Exercise. The Committee may specify a reasonable minimum
number of Shares that may be purchased on any exercise of an Option, provided
that such minimum number will not prevent Participant from exercising the Option
for the full number of Shares for which it is then exercisable.

   5.8 Limitations on ISOs. The aggregate Fair Market Value (determined as of
the date of grant) of Shares with respect to which ISOs are exercisable for the
first time by a Participant during any calendar year (under this Plan or under
any other incentive stock option plan of the Company or any Affiliate, Parent or
Subsidiary of the Company) will not exceed $100,000. If the Fair Market Value of
Shares on the date of grant with respect to which ISOs are exercisable for the
first time by a Participant during any calendar year exceeds $100,000, then the
Options for the first $100,000 worth of Shares to become exercisable in such
calendar year will be ISOs and the Options for the amount in excess of $100,000
that become exercisable in that calendar year will be NQSOs. In the event that
the Code or the regulations promulgated thereunder are amended after the
Effective Date of this Plan to provide for a different limit on the Fair Market
Value of Shares permitted to be subject to ISOs, such different limit will be
automatically incorporated herein and will apply to any Options granted after
the effective date of such amendment.

   5.9 Modification, Extension or Renewal. The Committee may modify, extend or
renew outstanding Options and authorize the grant of new Options in substitution
therefor, provided that (a) any such action may not, without the written consent
of a Participant, impair any of such Participant's rights under any Option
previously granted. Any outstanding ISO that is modified, extended, renewed or
otherwise altered will be treated in accordance with Section 424(h) of the Code;
and (b) notwithstanding anything to the contrary elsewhere in the Plan, the
Company will not reprice Options issued under the Plan by lowering the Exercise
Price of a previously granted Award, by canceling outstanding Options and
issuing replacements, or by otherwise replacing existing Options with substitute
Options with a lower Exercise Price, without prior approval of the Company's
stockholders.

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   5.10 No Disqualification. Notwithstanding any other provision in this Plan,
no term of this Plan relating to ISOs will be interpreted, amended or altered,
nor will any discretion or authority granted under this Plan be exercised, so as
to disqualify this Plan under Section 422 of the Code or, without the consent of
the Participant affected, to disqualify any ISO under Section 422 of the Code.

   6. Formula for Non-Employee Director Option Grants and Vesting.

   6.1 Grant of Formula Option. Options shall be granted to non-employee
directors of the Company or any Affiliate ("non-employee directors") during the
term of this Plan as follows: (i) to the extent that a stock option has not
already been granted to a non-employee director during the fiscal year of the
Company in which such director becomes a director, a NQSO to purchase 20,000
shares will automatically be granted to such director upon such director's
joining the Board, (ii) a NQSO to purchase 12,000 shares will be granted to each
non-employee director, other than a non-employee director acting as the Chairman
of the Board on the day after the Annual Meeting of Stockholders, provided that
no such grant shall be made to a director within six months of the initial grant
to such director and with the exception that the award grant to a continuing
director following the Annual Meeting of Stockholders in September 2002 shall be
6,000 shares, and (iii) a NQSO to purchase 20,000 shares will be granted each
year to the non-employee director acting as the Chairman of the Board on the day
after the Annual Meeting of Stockholders, provided, that no such grant shall be
made to a director within six months of the initial grant to such director. Only
non-employee directors who are neither an employee of the Company nor the holder
of more than one percent of the Shares or a representative of any such
stockholder shall be eligible for a formula option grant.

   6.2 Exercise Period for Formula Options. A non-employee director may exercise
a granted option in whole or in part for any Vested Shares, as determined in
accordance with Section 6.3 hereof; provided, however, that the option shall
expire and terminate on the tenth anniversary of the date of grant, or earlier
in accordance with the provisions of this Plan.

   6.3 Vesting of Formula Options. Twenty-five percent (25%) of the Shares shall
vest on the First Vesting Date, as specified in the Stock Option Grant, with the
remaining Shares vesting at the rate of 2.0833% of the total Shares per month
over the subsequent three years (each a "Succeeding Vesting Date") provided that
the non-employee director provides services to the Company or a Parent,
Subsidiary or Affiliate of the Company on the First Vesting Date and on each
Succeeding Vesting Date thereafter. Shares that are vested pursuant to the
vesting schedule set forth in this Section 6.3 are "Vested Shares" and are
exercisable hereunder.

   7. Payment for Share Purchases.

   7.1 Payment. Payment for Shares purchased pursuant to this Plan may be made
in cash (by check) or, where expressly approved for the Participant by the
Committee and where permitted by law:

     (a) by cancellation of indebtedness of the Company to the Participant;

     (b) by surrender of shares that either: (1) have been owned by Participant
   for more than six (6) months and have been paid for within the meaning of SEC
   Rule 144 (and, if such shares were purchased from the Company by use of a
   promissory note, such note has been fully paid with respect to such shares);
   or (2) were obtained by Participant in the public market;

     (c) by tender of a full recourse promissory note having such terms as may
   be approved by the Committee and bearing interest at a rate sufficient to
   avoid imputation of income under Sections 483 and 1274 of the Code; provided,
   however, that Participants who are not employees or directors of the Company
   will not be entitled to purchase Shares with a promissory note unless the
   note is adequately secured by collateral other than the Shares; provided,
   further, that the portion of the Purchase Price equal to the par value of the
   Shares, if any, must be paid in cash;

     (d) by waiver of compensation due or accrued to the Participant for
   services rendered; provided, further, that the portion of the Purchase Price
   equal to the par value of the Shares, if any, must be paid in cash;

     (e) with respect only to purchases upon exercise of an Option, and provided
   that a public market for the Company's stock exists:

        (1) through a "same day sale" commitment from the Participant and a
     broker-dealer that is a member of the National Association of Securities
     Dealers (an "NASD Dealer") whereby the Participant irrevocably elects to
     exercise the Option and to sell a portion of the Shares so purchased to pay
     for the Exercise Price, and whereby the NASD Dealer irrevocably commits
     upon receipt of such Shares to forward the Exercise Price directly to the
     Company; or

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        (2) through a "margin" commitment from the Participant and an NASD
     Dealer whereby the Participant irrevocably elects to exercise the Option
     and to pledge the Shares so purchased to the NASD Dealer in a margin
     account as security for a loan from the NASD Dealer in the amount of the
     Exercise Price, and whereby the NASD Dealer irrevocably commits upon
     receipt of such Shares to forward the Exercise Price directly to the
     Company; or

   (f) by any combination of the foregoing.

   7.2 Loan Guarantees. The Committee may help the Participant pay for Shares
purchased under this Plan by authorizing a guarantee by the Company of a
third-party loan to the Participant, provided the Company has full recourse to
the Participant relative to the guarantee.

   8. Withholding Taxes.

   8.1 Withholding Generally. Whenever Shares are to be issued in satisfaction
of Awards granted under this Plan, the Company may require the Participant to
remit to the Company an amount sufficient to satisfy federal, state and local
withholding tax requirements prior to the delivery of any certificate or
certificates for such Shares. Whenever, under this Plan, payments in
satisfaction of Awards are to be made in cash, such payment will be net of an
amount sufficient to satisfy federal, state, and local withholding tax
requirements.

   8.2 Stock Withholding. When, under applicable tax laws, a Participant incurs
tax liability in connection with the exercise or vesting of any Award that is
subject to tax withholding and the Participant is obligated to pay the Company
the amount required to be withheld, the Committee may allow the Participant to
satisfy the minimum withholding tax obligation by electing to have the Company
withhold from the Shares to be issued that number of Shares having a Fair Market
Value equal to the minimum amount required to be withheld, determined on the
date that the amount of tax to be withheld is to be determined (the "Tax Date").
All elections by a Participant to have Shares withheld for this purpose will be
made in writing in a form acceptable to the Committee.

   9. Privileges of Stock Ownership.

   9.1 Voting and Dividends. No Participant will have any of the rights of a
stockholder with respect to any Shares until the Shares are issued to the
Participant. After Shares are issued to the Participant, the Participant will be
a stockholder and have all the rights of a stockholder with respect to such
Shares, including the right to vote and receive all dividends or other
distributions made or paid with respect to such Shares; provided, that if such
Shares are restricted stock, then any new, additional or different securities
the Participant may become entitled to receive with respect to such Shares by
virtue of a stock dividend, stock split or any other change in the corporate or
capital structure of the Company will be subject to the same restrictions as the
restricted stock; provided, further, that the Participant will have no right to
retain such stock dividends or stock distributions with respect to Shares that
are repurchased at the Participant's original Purchase Price pursuant to Section
11.

   9.2 Financial Statements. The Company will provide financial statements to
each Participant prior to such Participant's purchase of Shares under this Plan,
and to each Participant annually during the period such Participant has Awards
outstanding; provided, however, the Company will not be required to provide such
financial statements to Participants whose services in connection with the
Company assure them access to equivalent information.

   10. Transferability. Awards granted under this Plan, and any interest
therein, will not be transferable or assignable by Participant, and may not be
made subject to execution, attachment or similar process, otherwise than by will
or by the laws of descent and distribution or as consistent with the specific
Plan and Award Agreement provisions relating thereto. During the lifetime of the
Participant an Award will be exercisable only by the Participant, and any
elections with respect to an Award, may be made only by the Participant.

   11. Restrictions on Shares. At the discretion of the Committee, the Company
may reserve to itself and/or its assignee(s) in the Award Agreement a right to
repurchase a portion of or all Shares that are not vested held by a Participant
following such Participant's Termination at any time within ninety (90) days
after the later of Participant's Termination Date and the date Participant
purchases Shares under this Plan, for cash and/or cancellation of purchase money
indebtedness, at the Participant's original Purchase Price.

   12. Certificates. All certificates for Shares or other securities delivered
under this Plan will be subject to such stock transfer orders, legends and other
restrictions as the Committee may deem necessary or advisable, including
restrictions under any applicable federal,

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state or foreign securities law, or any rules, regulations and other
requirements of the SEC or any stock exchange or automated quotation system upon
which the Shares may be listed or quoted.

   13. Escrow; Pledge of Shares. To enforce any restrictions on a Participant's
Shares, the Committee may require the Participant to deposit all certificates
representing Shares, together with stock powers or other instruments of transfer
approved by the Committee, appropriately endorsed in blank, with the Company or
an agent designated by the Company to hold in escrow until such restrictions
have lapsed or terminated, and the Committee may cause a legend or legends
referencing such restrictions to be placed on the certificates. Any Participant
who is permitted to execute a promissory note as partial or full consideration
for the purchase of Shares under this Plan will be required to pledge and
deposit with the Company all or part of the Shares so purchased as collateral to
secure the payment of Participant's obligation to the Company under the
promissory note; provided, however, that the Committee may require or accept
other or additional forms of collateral to secure the payment of such obligation
and, in any event, the Company will have full recourse against the Participant
under the promissory note notwithstanding any pledge of the Participant's Shares
or other collateral. In connection with any pledge of the Shares, Participant
will be required to execute and deliver a written pledge agreement in such form
as the Committee will from time to time approve. The Shares purchased with the
promissory note may be released from the pledge on a pro rata basis as the
promissory note is paid.

   14. Exchange and Buyout of Awards. The Committee may, at any time or from
time to time, authorize the Company, with the consent of the respective
Participants, to issue new Awards in exchange for the surrender and cancellation
of any or all outstanding Awards. The Committee may at any time buy from a
Participant an Award previously granted with payment in cash, Shares (including
restricted stock) or other consideration, based on such terms and conditions as
the Committee and the Participant may agree.

   15. Securities Law and Other Regulatory Compliance. An Award will not be
effective unless such Award is in compliance with all applicable federal and
state securities laws, rules and regulations of any governmental body, and the
requirements of any stock exchange or automated quotation system upon which the
Shares may then be listed or quoted, as they are in effect on the date of grant
of the Award and also on the date of exercise or other issuance. Notwithstanding
any other provision in this Plan, the Company will have no obligation to issue
or deliver certificates for Shares under this Plan prior to: (a) obtaining any
approvals from governmental agencies that the Company determines are necessary
or advisable; and/or (b) completion of any registration or other qualification
of such Shares under any state or federal law or ruling of any governmental body
that the Company determines to be necessary or advisable. The Company will be
under no obligation to register the Shares with the SEC or to effect compliance
with the registration, qualification or listing requirements of any state
securities laws, stock exchange or automated quotation system, and the Company
will have no liability for any inability or failure to do so.

   16. No Obligation to Employ. Nothing in this Plan or any Award granted under
this Plan will confer or be deemed to confer on any Participant any right to
continue in the employ of, or to continue any other relationship with, the
Company or any Parent, Subsidiary or Affiliate of the Company or limit in any
way the right of the Company or any Parent, Subsidiary or Affiliate of the
Company to terminate Participant's employment or other relationship at any time,
with or without cause.

   17.Corporate Transactions.

   17.1. Assumption or Replacement of Awards by Successor. In the event of (a) a
dissolution or liquidation of the Company, (b) a merger or consolidation in
which the Company is not the surviving corporation (other than a merger or
consolidation with a wholly-owned subsidiary, a reincorporation of the Company
in a different jurisdiction, or other transaction in which there is no
substantial change in the stockholders of the Company or their relative stock
holdings and the Awards granted under this Plan are assumed, converted or
replaced by the successor corporation, which assumption will be binding on all
Participants), (c) a merger in which the Company is the surviving corporation
but after which the stockholders of the Company (other than any stockholder
which merges (or which owns or controls another corporation which merges) with
the Company in such merger) cease to own their shares or other equity interests
in the Company, (d) the sale of substantially all of the assets of the Company,
or (e) any other transaction which qualifies as a "corporate transaction" under
Section 424(a) of the Code wherein the stockholders of the Company give up all
of their equity interest in the Company (except for the acquisition, sale or
transfer of all or substantially all of the outstanding shares of the Company
from or by the stockholders of the Company), any or all outstanding Awards may
be assumed, converted or replaced by the successor corporation (if any), which
assumption, conversion or replacement will be binding on all Participants, or
the successor corporation may substitute equivalent Awards or provide
substantially similar consideration to Participants as was provided to
stockholders (after taking into account the existing provisions of the Awards);
provided that all formula option grants, pursuant to Section 6, shall accelerate
and be fully vested upon such merger, consolidation or corporate transaction. In
the event such successor corporation (if any) fails to assume or substitute
Options pursuant to a transaction described in this Subsection 17.1, all Options
will expire on such transaction at such time and on such conditions as the Board
shall determine.

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   17.2. Other Treatment of Awards. Subject to any greater rights granted to
Participants under the foregoing provisions of this Section 17, in the event of
the occurrence of any transaction described in Section 17.1, any outstanding
Awards will be treated as provided in the applicable agreement or plan of
merger, consolidation, dissolution, liquidation, sale of assets or other
"corporate transaction."

   17.3. Assumption of Awards by the Company. The Company, from time to time,
also may substitute or assume outstanding awards granted by another company,
whether in connection with an acquisition of such other company or otherwise, by
either; (a) granting an Award under this Plan in substitution of such other
company's award; or (b) assuming such award as if it had been granted under this
Plan if the terms of such assumed award could be applied to an Award granted
under this Plan. Such substitution or assumption will be permissible if the
holder of the substituted or assumed award would have been eligible to be
granted an Award under this Plan if the other company had applied the rules of
this Plan to such grant. In the event the Company assumes an award granted by
another company, the terms and conditions of such award will remain unchanged
(except that the exercise price and the number and nature of Shares issuable
upon exercise of any such option will be adjusted appropriately pursuant to
Section 424(a) of the Code). In the event the Company elects to grant a new
Option rather than assuming an existing option, such new Option may be granted
with a similarly adjusted Exercise Price.

   18. Adoption and Stockholder Approval. This Plan will become effective on the
date that it is adopted by the Board (the "Effective Date"). This Plan shall be
approved by the stockholders of the Company (excluding Shares issued pursuant to
this Plan), consistent with applicable laws, within twelve (12) months before or
after the Effective Date. Upon the Effective Date, the Board may grant Awards
pursuant to this Plan; provided, however, that: (a) no Option may be exercised
prior to initial stockholder approval of this Plan; (b) no Option granted
pursuant to an increase in the number of Shares subject to this Plan approved by
the Board will be exercised prior to the time such increase has been approved by
the stockholders of the Company; and (c) in the event that stockholder approval
of this Plan or any amendment increasing the number of Shares subject to this
Plan is not obtained, all Awards granted hereunder will be canceled, any Shares
issued pursuant to any Award will be canceled, and any purchase of Shares
hereunder will be rescinded.

   19. Term of Plan. Unless earlier terminated as provided herein, this Plan
will terminate ten (10) years from the date this Plan is adopted by the Board
or, if earlier, the date of stockholder approval.

   20. Amendment or Termination of Plan. The Board may at any time terminate or
amend this Plan in any respect, including without limitation amendment of
Section 6 of this Plan. If an amendment would (i) materially increase the
benefits accruing to participants under this Plan, (ii) materially increase the
aggregate number of securities that may be issued under this Plan or (iii)
materially modify the requirements as to eligibility for participation in this
Plan, then such amendment shall be subject to shareholder approval.

   21. Nonexclusivity of the Plan. Neither the adoption of this Plan by the
Board, the submission of this Plan to the stockholders of the Company for
approval, nor any provision of this Plan will be construed as creating any
limitations on the power of the Board to adopt such additional compensation
arrangements as it may deem desirable, including, without limitation, the
granting of stock options and bonuses otherwise than under this Plan, and such
arrangements may be either generally applicable or applicable only in specific
cases.

   22. Definitions. As used in this Plan, the following terms will have the
following meanings:

     "Affiliate" means any corporation that directly, or indirectly through one
   or more intermediaries, controls or is controlled by, or is under common
   control with, another corporation, where "control" (including the terms
   "controlled by" and "under common control with") means the possession, direct
   or indirect, of the power to cause the direction of the management and
   policies of the corporation, whether through the ownership of voting
   securities, by contract or otherwise.

     "Award" means any award under this Plan, including any Option.

     "Award Agreement" means, with respect to each Award, the signed written
   agreement between the Company and the Participant setting forth the terms and
   conditions of the Award.

     "Board" means the Board of Directors of the Company.

     "Code" means the Internal Revenue Code of 1986, as amended.

                                       7
<PAGE>
     "Committee" means the committee appointed by the Board to administer this
   Plan, or if no such committee is appointed, the Board.

     "Company" means Symantec Corporation, a corporation organized under the
   laws of the State of Delaware, or any successor corporation.

     "Disability" means a disability, whether temporary or permanent, partial or
   total, within the meaning of Section 22(e)(3) of the Code, as determined by
   the Committee.

     "Exercise Price" means the price at which a holder of an Option may
   purchase the Shares issuable upon exercise of the Option.

     "Fair Market Value" means, as of any date, the value of a share of the
   Company's Common Stock determined as follows:

        (a) if such Common Stock is then quoted on the Nasdaq National Market,
     its closing price on the Nasdaq National Market on the last trading day
     prior to the date of determination as reported in The Wall Street Journal;

        (b) if such Common Stock is publicly traded and is then listed on a
     national securities exchange, its closing price on the last trading day
     prior to the date of determination on the principal national securities
     exchange on which the Common Stock is listed or admitted to trading as
     reported in The Wall Street Journal;

        (c) if such Common Stock is publicly traded but is not quoted on the
     Nasdaq National Market nor listed or admitted to trading on a national
     securities exchange, the average of the closing bid and asked prices on the
     last trading day prior to the date of determination as reported in The Wall
     Street Journal; or

        (d) if none of the foregoing is applicable, by the Committee in good
     faith.

     "Outside Director" shall mean a person who satisfies the requirements of an
   "outside director" as set forth in regulations promulgated under Section
   162(m) of the Code.

     "Option" means an award of an option to purchase Shares pursuant to Section
   5.

     "Parent" means any corporation (other than the Company) in an unbroken
   chain of corporations ending with the Company, if at the time of the granting
   of an Award under this Plan, each of such corporations other than the Company
   owns stock possessing 50% or more of the total combined voting power of all
   classes of stock in one of the other corporations in such chain.

     "Participant" means a person who receives an Award under this Plan.

     "Plan" means this Symantec Corporation 1996 Equity Incentive Plan, as
   amended from time to time.

     "Securities Act" means the Securities Act of 1933, as amended.

     "Shares" means shares of the Company's Common Stock reserved for issuance
   under this Plan, as adjusted pursuant to Sections 2 and 17, and any successor
   security.

     "Subsidiary" means any corporation (other than the Company) in an unbroken
   chain of corporations beginning with the Company if, at the time of granting
   of the Award, each of the corporations other than the last corporation in the
   unbroken chain owns stock possessing 50% or more of the total combined voting
   power of all classes of stock in one of the other corporations in such chain.

     "Termination" or "Terminated" means, for purposes of this Plan with respect
   to a Participant, that the Participant has for any reason ceased to provide
   services as an employee, director, consultant, independent contractor or
   advisor to the Company or a Parent, Subsidiary or Affiliate of the Company,
   except in the case of sick leave, military leave, or any other leave of
   absence approved by the Committee, provided that such leave is for a period
   of not more than ninety (90) days, or reinstatement upon the expiration of
   such leave is guaranteed by contract or statute. The Committee will have sole
   discretion to determine whether a

                                       8
<PAGE>
   Participant has ceased to provide services and the effective date on which
   the Participant ceased to provide services (the "Termination Date").

                                       9
<PAGE>
                                  ATTACHMENT A

                                RESOLUTION OF THE

                              BOARD OF DIRECTORS OF

                              SYMANTEC CORPORATION

                                October 15, 2002

AMENDMENT OF THE 1996 EQUITY INCENTIVE PLAN

      WHEREAS, Symantec Corporation (the "CORPORATION") desires to amend (the
"AMENDMENT") the Symantec Corporation 1996 Equity Incentive Plan (the "PLAN") by
clarifying the circumstances under which the Plan may not be amended or
terminated without approval of the Corporation's shareholders.

      WHEREAS, after consultation with the Corporation's senior management, and
after review and discussion of the Plan and the Amendment, the Board of
Directors has determined that the Amendment should be adopted.

      NOW, THEREFORE, BE IT RESOLVED, that the Plan is hereby amended such that
Section 20 of the Plan is deleted and replaced in its entirety as follows:

            20. Amendment or Termination of Plan. The Board may at any time
      terminate or amend this Plan in any respect, including without limitation
      amendment of Section 6 of this Plan. If an amendment would (i) materially
      increase the benefits accruing to participants under this Plan, (ii)
      materially increase the aggregate number of securities that may be issued
      under this Plan or (iii) materially modify the requirements as to
      eligibility for participation in this Plan, then such amendment shall be
      subject to shareholder approval.

     [SYMANTEC CORPORATION]
     [BOARD OF DIRECTORS]
By:  ___________________________EXHIBIT 10.02

 

Exhibit 10.02

SYMANTEC CORPORATION’S

2002 EXECUTIVE OFFICERS’ STOCK PURCHASE
PLAN

     
1. Purpose

     
The purpose of this Symantec Corporation 2002
Executive Officers’ Stock Purchase Plan (the
“Plan”) is to provide Executive Officers of Symantec
Corporation (the “Company”) with an opportunity to
purchase Common Stock of the Company, $.01 par value (the
“Stock”), using some or all of the amounts received by
Executive Officers as part of any payment made under applicable
Executive Annual Incentive Plans (the “Bonus”).

     
2. Stock Issuance

     
Subject to the approval of this Plan by the
Stockholders of the Company, any Executive Officer of the
Company may elect, pursuant to the provisions of Section 3
of this Plan, to receive a portion of his or her Bonus in the
form of an award of unrestricted, fully vested shares of Stock.
For purposes of this Plan, an “Executive Officer” is
any officer of the Company that has been designated as a person
subject to the requirements of Section 16(b) of the
Securities Exchange Act of 1934, as amended.

     
3. Election by Executive Officers

     
Each Executive Officer may, on or before
November 15 of each year (the “Election Date”),
make an irrevocable election to receive up to 100% of the Bonus
payable to such Executive Officer in the form of shares of
Stock. An Executive Officer may specify the portion, if any,
from 0% to 100%, of the Bonus that shall be paid to such
Executive Officer in shares of Stock, or a maximum number of
shares to be purchased using a specified portion of the Bonus;
provided, that if no election is made by an Executive Officer on
or before the Election Date, such Executive Officer shall be
deemed not to have elected to receive any of his or her Bonus in
shares of Stock. Notwithstanding the foregoing, the maximum
number of shares of Stock that may be purchased in any fiscal
year by an Executive Officer under this Plan shall be 10,000
shares of Stock. Notice of an Executive Officer’s election
shall be given to the corporate secretary of the Company. In the
event an Executive Officer’s Bonus becomes payable on other
than an annual basis, then elections shall be made in the manner
and at the time as determined by the Compensation Committee of
the Board of Directors, provided that such election must be made
not less than 60 days prior to the date on which a Bonus is to
be paid.

     
4. Amount of Stock

     
The number of shares of Stock to be issued to an
Executive Officer pursuant to this Plan shall be the portion of
the Bonus which the Executive Officer has elected to be paid in
Stock, divided by the closing price of the Common Stock of the
Company on The Nasdaq National Market on the business day
immediately preceding the date on which the Bonus is paid. In
the event that an executive Officer has specified the maximum
number of shares to be purchased, the number of shares to be
issued shall not exceed that number. If there are insufficient
shares of Stock reserved for issuance under this Plan to satisfy
elections made by all Executive Officers in a calendar year,
then the available shares of Stock shall be allocated among
Executive Officers in proportion to their respective elections.

     
5. Number of Shares Reserved for Issuance

     
The aggregate number of shares of Stock reserved
for issuance under the Plan shall be 250,000 shares.

     
6. Administration of Plan

     
Compensation Committee
Authority. This Plan will be
administered by the Compensation Committee or by the Board
acting as the Compensation Committee. Subject to the general
purposes, terms and conditions of this Plan, and to the
direction of the Board of Directors, the Compensation Committee
shall have full power to implement and carry out this Plan.
Without limitation, the Compensation Committee shall have the
authority to: (i) construe and interpret this Plan and any
other agreement or document executed pursuant to this Plan;
(ii) prescribe, amend and rescind rules and regulations
relating to this Plan; (iii) correct any defect,

1

 

supply any omission or reconcile any
inconsistency in this Plan or any agreement; and (iv) make
all other determinations necessary or advisable for the
administration of this Plan. Any determination made by the
Compensation Committee will be made in its sole discretion and
such determination will be final and binding on the Company and
on all persons having an interest under this Plan.

     
7. Withholding Taxes

     
Whenever shares of Stock are to be issued under
this Plan, the Company may require the Executive Officer to
remit to the Company an amount sufficient to satisfy federal,
state and local withholding tax requirements prior to the
delivery of any certificate or certificates for such shares of
Stock. When, under applicable tax laws, an Executive Officer
incurs tax liability under this Plan and the Executive Officer
is obligated to pay the Company the amount required to be
withheld, the Compensation Committee may allow the Executive
Officer to satisfy the minimum withholding tax obligation by
electing to have the Company withhold from the shares of Stock
to be issued that number of shares of Stock having a fair market
value equal to the minimum amount required to be withheld,
determined on the date that the amount of tax to be withheld is
to be determined. All elections to have shares of Stock withheld
for this purpose will be made in writing in a form acceptable to
the Compensation Committee.

     
8. Privileges of Stock Ownership

     
No Executive Officer will have any of the rights
of a stockholder with respect to any shares of Stock until the
shares of Stock are issued to the Executive Officer. After
shares of Stock are issued to the Executive Officer, the
Executive Officer will be a stockholder and have all the rights
of a stockholder with respect to such Stock, including the right
to vote and receive all dividends or other distributions made or
paid with respect to such Stock.

     
9. Certificates

     
All certificates for Stock or other securities
delivered under this Plan will be subject to such stock transfer
orders, legends and other restrictions as the Compensation
Committee may deem necessary or advisable, including
restrictions under any applicable federal, state or foreign
securities law, or any rules, regulations and other requirements
of the Securities and Exchange Commission or any stock exchange
or automated quotation system upon which the shares of Stock may
be listed or quoted.

     
10. Securities Law and Other Regulatory
Compliance

     
A transfer of shares of Stock will not occur
unless such transfer is in compliance with all applicable
federal and state securities laws, rules and regulations of any
governmental body, and the requirements of any stock exchange or
automated quotation system upon which the shares of Stock may
then be listed or quoted, as they are in effect on the date of
grant of transfer of shares of Stock. Notwithstanding any other
provision in this Plan, the Company will have no obligation to
issue or deliver certificates for shares of Stock under this
Plan prior to: (a) obtaining any approvals from
governmental agencies that the Company determines are necessary
or advisable; and/or (b) completion of any registration or
other qualification of such shares of Stock under any state or
federal law or ruling of any governmental body that the Company
determines to be necessary or advisable. The Company will be
under no obligation to register the shares with the Securities
and Exchange Commission or to effect compliance with the
registration, qualification or listing requirements of any state
securities laws, stock exchange or automated quotation system,
and the Company will have no liability for any inability or
failure to do so.

     
11. No Obligation to Employ

     
Nothing in this Plan will confer or be deemed to
confer on any Executive Officer any right to continue in the
employ of, or to continue any other relationship with, the
Company or any parent, subsidiary or affiliate of the Company or
limit in any way the right of the Company or any parent,
subsidiary or affiliate of the Company to terminate Executive
Officer’s employment or other relationship at any time,
with or without cause.

2

 

     
12. Adoption of Plan and Effective Date

     
This Plan will become effective on the date that
it is adopted by the Board and approved by Stockholders of the
Company (the “Effective Date”).

3

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