Document:

exv10w143

 

Exhibit 10.143

STOCK OPTION AMENDMENT

AND

SPECIAL BONUS AGREEMENT

     THIS AGREEMENT is entered into as of the       day of      , 2008,
by Lam Research Corporation, a Delaware corporation (the “Company”), and      , the
holder of one or more options to purchase shares of the Company’s common stock (the “Optionee”).

     WHEREAS, the Company previously granted to Optionee the options identified on attached
Schedule I (the “Options”) to purchase shares of the Company’s common stock under one or more of
the Company’s stock incentive plans (each such plan, a “Plan”).

     WHEREAS, the Company and Optionee previously memorialized the terms applicable to each of the
Options by entering into a separate stock option agreement (the “Option Agreement”) for each such
Option.

     WHEREAS, in order to avoid adverse tax consequences under section 409A of the Internal Revenue
Code, Optionee has agreed to amend the unexercised portion of each of the Options subject to
section 409A and identified as such on Schedule I (the “Covered Portion”) to increase the exercise
price of each such Option to the fair market value per share of the Company’s common stock on the
actual grant date determined by the Company to be applicable for that Option.

     WHEREAS, in order to compensate Optionee for the increased exercise prices to be in effect for
the Covered Portions of the Options, the Company has agreed to pay Optionee a special cash bonus in
a dollar amount equal to the aggregate increase in the exercise prices for the Covered Portions of
the Options listed on Schedule I, with the actual dollar amount of that bonus indicated as the
Total Special Bonus on Schedule I.

     NOW THEREFORE, the Company and Optionee agree as follows:

     1. Increased Exercise Price. The exercise price per share set forth in the Option
Agreement for each of the Options listed on Schedule I is hereby increased, with respect to the
shares subject to the Covered Portion of that Option, to the higher exercise price per share set
forth for that Option on Schedule I.

     2. Special Bonus. Optionee shall become entitled to receive a cash bonus from the
Company (the “Special Bonus”) in the gross dollar amount indicated as his or her Total Special
Bonus on attached Schedule I. Payment shall be made on the Company’s first regularly scheduled
payroll date in January 2009. The Special Bonus shall be subject to the Company’s collection of all
applicable federal, state and local income and employment withholding taxes, and Optionee shall be
paid only the net amount of such bonus remaining after such taxes have been collected. Optionee
need not remain in the Company’s employ to receive the Special Bonus.

     3. Entire Agreement. This Agreement, together with the Option Agreements (to the
extent not expressly amended hereby) and the applicable Plan under which each Option is
outstanding, represents the entire agreement of the parties with respect to the Options, the
Covered Portions

1

 

thereof and the Special Bonus and supersedes any and all previous contracts, arrangements or
understandings between the parties with respect to such Options and the Special Bonus. This
Agreement may be amended at any time only by means of a writing signed by Optionee and an
authorized officer of the Company.

     5. Continuation of Option Agreements. Except for the foregoing increases to the
exercise prices per share for the Covered Portions of the Options, no other terms or provisions of
the Option Agreements for such Options or the applicable Plans have been modified as a result of
this Agreement, and those terms and provisions shall continue in full force and effect.

          IN WITNESS WHEREOF, this Agreement has been executed on behalf of Lam Research Corporation by
a duly-authorized officer of the Company and by Optionee.

	 	 	 	 	 	 	 	 	 
	 	 	LAM RESEARCH CORPORATION  
	 
	 	 	 	 	 	 	 	 
	 

	 	By:	 	 	 	 	 	 
	 	 	 	 	 
	 	 	TITLE:	 	 	 	 
	 	 	 	 	 
	 	 	DATED:	, 2008			 
	 

	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	OPTIONEE	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 
	 

	 	DATED:
	 	 	, 2008	 		 
	 

	 	 	 	 	 	 	 	 

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SCHEDULE I 

AMENDED OPTIONS AND SPECIAL BONUS

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Number of	 	 		 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Number of	 	 	Outstanding	 	 	Special	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Outstanding	 	 	Option	 	 	Bonus	 
	 	 	Total	 	 	 	 	 	 	New	 	 	Option	 	 	Shares	 	 	Payable on	 
	 	 	Number	 	 	Exercise	 	 	Exercise	 	 	Shares	 	 	Not Subject	 	 	first regularly	 
	 	 	of Shares	 	 	Price	 	 	Price Per	 	 	Subject to	 	 	to	 	 	scheduled	 
	 	 	Subject to	 	 	Per Share	 	 	Share	 	 	Amended	 	 	Amended	 	 	payroll date	 
	Grant	 	Outstanding	 	 	Prior to	 	 	Following	 	 	Exercise	 	 	Exercise	 	 	in	 
	Date	 	Option	 	 	Amendment	 	 	Amendment	 	 	Price	 	 	Price	 	 	January 2009	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	Total Special Bonusexv10w1

 

Exhibit 10.1

	 	 	 
	

	 	Starbucks Coffee Company

Po. Box 34110

Seattle, WA
98124-1110

206/318-1575

Howard Schultz

chairman

February 19, 2008

Mr. Arthur Rubinfeld

[Address]

[Address]

Dear Arthur:

I am pleased to offer you the position of president, global development reporting to me at
Starbucks Coffee Company. As a new partner, you have the opportunity to help create a legacy
through your valuable contributions and you will soon be participating in various classes and
immersion activities that will provide you information about Starbucks history, coffee, and
culture. I value your passion for the organization and look forward to you joining the team on
February 25, 2008.

Here are the specifics of your offer:

You will be paid bi-weekly at a base salary that annualizes to $450,000.

Sign-on Bonus

You are guaranteed a one-time sign-on bonus of $200,000 less payroll taxes paid in full 30
days after your start date. Please note, should you voluntarily leave Starbucks during your first
year of employment, you will be responsible for reimbursing Starbucks for a pro-rata gross share
(n/12 based on number of months worked) of the one-time sign-on bonus you received. Your sign-on
bonus is not eligible pay for purposes of making contributions into Starbucks savings plans.

Annual Bonus

For the fiscal year 2008, your bonus will be guaranteed at a minimum target payout of $292,500 (65%
of base salary). This bonus will be paid to you no later than December 31, 2008.

Beginning fiscal year 2009, you will be eligible to participate in the Executive
Management Bonus Plan. Your incentive target will be 65% of your eligible base salary. Payout
will be based on achievement of Company and individual objectives. For more information about the
EMBP, please talk with Chet Kuchinad, executive vice president, Partner Resources. Starbucks
reserves the right to review, change, amend, or cancel incentive plans at any time.

 

 

Arthur Rubinfeld

February 19, 2008

Page 2

Stock Options

You will be granted 145,000 stock options to purchase shares of Starbucks common stock under
the Key Employee Sub-Plan to the 2005 Long-Term Equity Incentive Plan, subject to approval by the
Compensation and Management Development Committee of the Board of Directors or its designee. The
exercise price of the options will be the regular trading session closing price of a share of
Starbucks stock on the date of grant. The grant date of your options will be after you assume your
new position and otherwise effective in accordance with the Company’s stock option grant policy.
The options will be non-qualified and will vest in equal installments over a period of four (4)
years, beginning on the first anniversary date of the grant, subject to your continued employment.

As a senior executive the company’s executive stock ownership guidelines will apply to you. The
guidelines require covered executives to achieve a minimum investment in Starbucks stock within
five years. A copy of the guidelines will be provided to you as part of your immersion.

Insider Trading

As an executive access to sensitive business and financial information about the Company, you will
be prohibited from trading Starbucks securities (or, in some circumstances, the securities of
companies doing business with Starbucks) from time to time in accordance with the Company’s Insider
Trading Policy and Blackout Procedures. A copy of the policy will be provided to you your first day
and you will be required to sign a certificate indicating that you have read and understood the
policy.

Management Deferred Compensation Plan

You may be eligible to participate in the Management Deferred Compensation Plan (MDCP) if you
are on our U.S. payroll and meet the eligibility criteria. The MDCP provides eligible partners with
the opportunity to save on a tax-deferred basis. If you are eligible, you will receive general
information and enrollment materials at your home address as soon as administratively possible
after your start date on U.S. payroll. If you have questions about the MDCP, please contact the
Starbucks Savings Team at savings@starbucks.com. You may also obtain more information about the
MDCP on the Savings link at http://LifeAt.sbux.com.

COBRA

Should you elect COBRA (continuation of health coverage) from your previous employer,
Starbucks will reimburse you for your COBRA premiums less applicable taxes until you become
eligible for Starbucks benefits after the mandatory waiting period. After your first day of
employment at Starbucks, submit proof of payment(s) to your Partner Resources contact for
processing. The reimbursement is classified as income by the federal

 

 

Arthur Rubinfeld

February 19, 2008

Page 3

government and is subject to all applicable payroll taxes and deductions. You must submit your
request for reimbursement by September 30, 2008.

Executive Life Insurance

As an executive, you and your family have a greater exposure to financial loss resulting from
your death. Starbucks recognizes this exposure and has provided for coverage greater than outlined
in Your Special Blend. You will receive partner life coverage equal to 3 times your annualized base
pay, paid for by Starbucks. You may purchase up to an additional 2 times your annualized base pay
(for a total of 5 times pay) to a maximum life insurance benefit of $2,000,000.

Coffee Hedging

As an officer of the Company, a member of the Coffee Management Group, or a partner involved in
coffee procurement and trading on behalf of the Company, you are prohibited from trading in coffee
commodity futures for your own account. If you have further questions, please contact your Partner
Resources generalist.

Executive Physical Exam

You are eligible to participate in Starbucks executive physical program. Information about the
program and our program provider will be emailed to you (new participants are notified at the
beginning of each calendar quarter). The program provider will contact you shortly thereafter to
establish an appointment. If you have questions about this physical, please contact Kelley Hardin
at 206-318-7756.

Additional Information

Attached to this letter is Your Special Blend, an overview of Starbucks benefits, savings and stock
programs. If you have questions regarding these programs or eligibility, please call Dave Hill at
206-318-7162. Please note that although it is Starbucks intent to continue these plans, they may
be amended or terminated at any time without notice.

You will receive a Partner Information & New Hire Paperwork booklet that includes an I-9 form
and your new hire paperwork. To complete the I-9 form, please bring appropriate identification as
described on the enclosed Lists of Acceptable Documents with you on your first day. Please remember
that this offer is contingent upon you providing proof of your eligibility to work in the United
States. This offer is also contingent on the satisfactory completion and review of your background
inquiry.

Additionally, on your first day, you will receive, and are required to sign an Insider
Trading, Confidentiality Policy and Procedures document, and a Confidentiality and Invention
Agreement as a condition of employment.

 

 

Arthur Rubinfeld

February 19, 2008

Page 4

Your position also requires you sign a Non-Competition Agreement. Enclosed are two copies.
Please review and sign both copies of the Non-Competition Agreement, this letter and the
Acknowledgement form, and return one copy of each document to Chet Kuchinad.

Your employment with Starbucks Corporation is ‘at will,’ meaning that either you or your employer
can end the employment relationship at any time, for any reason not prohibited by law.

On behalf of the entire team, I am excited to welcome you as a partner and look forward to working
with you. If you have any questions, please call me at 206-318-4010.

	 	 	 
	Warm regards
	 	 
	 
	/s/ Howard Schultz
 

Howard Schultz

	 	 
	chairman, president & chief executive officer
	 	 

	 	 	 
	cc:

	 	partner file
	 

	 	Stock Administration (S-HR3)
	 

	 	Chet Kuchinad
	 
	 	 
	Enc.

	 	Non-Competition Agreement

I accept employment with Starbucks Corporation, and its wholly owned subsidiaries, according
to the terms set forth above.

	 	 	 	 
	/s/ Arthur Rubinfeld
 

	 	3/22/08 
	Arthur Rubinfeld

	 	Date

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