Document:

exv10w1

 

EXHIBIT 10.1

ViewCast.com, Inc. 1995 Director Option Plan Amendment No. 2

     Section 3 of the ViewCast.com, Inc. 1995 Director Option Plan is hereby
amended to read as follows:

	 	 	“3. Stock Subject to the Plan. Subject to the provisions of Section 10 of
the Plan, the maximum aggregate number of Shares which may be optioned and
sold under the Plan is 500,000 Shares of Common Stock (the “Pool”). The
Shares may be authorized, but unissued, or reacquired Common Stock.
	 
	 	 	If an Option expires or becomes unexercisable without having been exercised
in full, the unpurchased Shares which were subject thereto shall become
available for future grant or sale under the Plan (unless the Plan has
terminated); provided, however, that Shares that have actually been issued
under the Plan shall not be returned to the Plan and shall not become
available for future distribution under the Plan.”exv10w08

 

Exhibit 10.08

	 	 	 
	Granted to:

	 	%%FIRST_NAME%-% %%MIDDLE_NAME%-% %%LAST_NAME%-%
	Employee ID:

	 	%%EMPLOYEE_IDENTIFIER%-%
	Number of shares:

	 	%%TOTAL_SHARES_GRANTED%-%
	Type of Stock Option:

	 	%%GRANT_TYPE%-%
	Grant Number:

	 	%%GRANT_NUMBER%-%
	Grant Date:

	 	%%GRANT_DATE%-%
	Grant Expiration Date:

	 	%%EXPIRE_DATE_PERIOD1%-%
	Exercise Price:

	 	%%OPTION_PRICE%-%
	 
	 	 
	Vesting Schedule
	 	 
	Vesting Start Date:

	 	<VEST_BASE_DATE%-%

	 	 	 	 	 	 	 	 	 
	 
	 	First Date to Exercise	 	 	Number of Shares	 	 	Last Date to Exercise	 
	 	%%VEST_TYPE_PERIOD1%-%

	 	 	%%SHARES_PERIOD1%-%
	 	 	%%EXPIRE_DATE_PERIOD1%-%	 
	 	%%VEST_DATE_PERIOD2%-%

	 	 	%%SHARES_PERIOD2%-%
	 	 	%%EXPIRE_DATE_PERIOD2%-%	 
	 

Authorized by:

 

US Notice of Stock Option Grant

NOTICE OF STOCK OPTION GRANT

2000 LONG-TERM EQUITY INCENTIVE PLAN

NON-QUALIFIED STOCK OPTION

	1.	 	Grant. Oracle Corporation (the “Company”) has granted to the optionee
(“Optionee”) named on the preceding Certificate of Stock Option Grant (the
“Certificate”) a non-qualified option (the “Option”) to purchase the total
number of shares of Common Stock set forth on such Certificate (the
“Shares”) at the exercise price per share set forth therein (the “Exercise
Price”). This Option is subject to the terms set forth below and in the
Company’s 2000 Long-Term Equity Incentive Plan as amended to date (the
“Plan”). In the event of a conflict between the terms of the Plan and the
terms of this Notice of Stock Option Grant (the “Grant Notice”), the terms
of the Plan shall govern. All capitalized terms not defined herein shall
have the meanings ascribed to them in the Plan.
	 
	2.	 	Restrictions on Exercise. Subject to the terms of the Plan and this Grant
Notice, the Option may be exercised in increments on or after each vesting
date specified on the Certificate, provided that in no event may the
Option be exercised after the last date to exercise specified on the
Certificate (the “Expiration Date”). In addition, this Option may not be
exercised as to fewer than 100 shares unless it is exercised as to all
Shares as to which this Option is then exercisable.
	 
	3.	 	Termination of Option.

	 	a)	 	This Option shall cease vesting upon termination of
Optionee’s employment relationship with Optionee’s employer. An
Optionee’s employment relationship shall be considered to have
terminated, and the Optionee to have ceased to be employed by the
Company or its Parent, Subsidiary or Affiliate, on the earliest of:

	 	(1)	 	the date on which the Company, or any Parent,
Subsidiary or Affiliate of the Company, as appropriate, delivers
to the Optionee notice in a form prescribed by the Company that
the Company, or such other entity, is thereby terminating the
employment relationship (regardless of whether the notice or
termination is lawful or unlawful or is in breach of any contract
of employment);
	 
	 	(2)	 	the date on which the Optionee delivers notice in a
form prescribed by the Company, to the Company, or any Parent,
Subsidiary or Affiliate of the Company, as appropriate, that the
Optionee is terminating the employment relationship (regardless
of whether the notice or termination is lawful or unlawful or is
in breach of any contract of employment);
	 
	 	(3)	 	the date on which the Optionee ceases to provide
services to the Company, or any Parent, Subsidiary or Affiliate
of the Company, as appropriate, except where the Optionee is on
an authorized leave of absence; or
	 
	 	(4)	 	the date on which the Optionee ceases to be considered
an “employee” under applicable law.

	 	 	 	The committee of the Board of Directors of the Company administering
the Plan (the “Committee”) shall have discretion to determine whether
Optionee has ceased to be employed by the Company or any Parent,
Subsidiary or Affiliate of the Company and the effective date on which
such employment terminated.

 

 

US Notice of Stock Option Grant

	 	b)	 	If Optionee ceases to be employed by the Company or any
Parent, Subsidiary or Affiliate of the Company, as appropriate, for
any reason except death or disability, this Option may be exercised
to the extent (and only to the extent) that it would have been
exercisable upon the date of termination of Optionee’s employment,
within three (3) months after the date of termination, but in any
event no later than the Expiration Date of the Option. If
employment ceases because of death or disability, this Option may be
exercised to the extent (and only to the extent) specified in the
Plan.

	4.	 	Manner of Exercise; Consideration. The Option may be exercised by
delivery to the Company of the stock option exercise agreements in the
form then approved by the Committee, stating the number of Shares being
purchased, the restrictions imposed on the Shares, if any, and such
representations and agreements, as may be required by the Company to
comply with applicable laws, together with payment in a form allowed under
the Plan. The current forms of Stock Option Exercise Form and Stock
Option Exercise Notice and Agreement (the “Exercise Agreement”) are
available at the Company’s web site at:
	 
	 	 	http://hrweb.us.oracle.com/benefits/option.htm
	 
	 	 	The Committee may permit the execution of “same day sale” transactions
electronically.
	 
	5.	 	Compliance with Laws and Regulations. The issuance and transfer of
Shares shall be subject to compliance by the Company and Optionee with all
applicable requirements of federal, state, local or foreign securities
laws and with all applicable requirements of any stock exchange or
national market system on which the Company’s common stock may be listed
at the time of such issuance or transfer.
	 
	6.	 	Transferability of Option. This Option may not be transferred in any
manner other than (i) by will, or (ii) by the laws of descent and
distribution, provided however, a U.S. Optionee may transfer a vested
portion of the Option for no consideration to or for the benefit of one or
more members of the Optionee’s Immediate Family (including, without
limitation, to a trust for the benefit of the Optionee’s Immediate
Family)(a “Transferee”), subject to such limits as the Committee may
establish, and such Transferee shall remain subject to all the terms and
conditions applicable to the Option prior to such transfer. The Optionee
will continue to be treated as the holder of the Option for purposes of
the Company’s record keeping and for other purposes deemed appropriate by
the Company, including the right to consent to amendments to this Grant
Notice; notwithstanding that the economic benefits and dispositive control
has been transferred to the Transferee. Optionee agrees, on behalf of each
Transferee, to exercise the Option upon the direction and arrangement of
payment by such transferee and further agrees to forward all information
provided by the Company (including but not limited to those required under
the U.S. securities laws) with respect to the Option to the Transferee.
In the discretion of the Committee, the foregoing right to transfer shall
apply to the right to transfer ancillary rights associated with the
Option. The term “Immediate Family” shall mean the Optionee’s spouse,
qualified same-sex domestic partner, parents, children, stepchildren,
adoptive relationships, sisters, brothers and grandchildren (and, for this
purpose, shall also include the Optionee). Optionee acknowledges that the
Optionee will continue to be liable for any taxes incurred in connection
with the exercise of the Option.
	 
	7.	 	Tax Consequence. The U.S. federal income tax consequences of receipt and
exercise and transfer of the Option, as well as upon disposition of the
Shares following exercise, are set forth in the Plan Prospectus made
available at the Company’s web site at:
	 
	 	 	http://hrweb.us.oracle.com/benefits/00longtm.pdf

 

 

US Notice of Stock Option Grant

	 	 	The tax treatment in the Optionee’s country of residence may differ from
that reflected in the Plan Prospectus.
	 
	8.	 	Tax Withholding. Prior to the exercise of the Option, Optionee must pay
or make adequate provision for any federal, state, local or foreign taxes
and any social insurance or payment on account obligations (“Tax-Related
Items”) of the Company and/or Optionee’s employer. Optionee agrees that,
if necessary to cover any Tax-Related Items, the Company or Optionee’s
employer may withhold and/or report the appropriate amount of Tax-Related
Items from the Optionee’s salary or from proceeds from the sale of Shares
acquired at exercise. Alternatively, or in addition, if permissible under
local law, the Company may (1) sell or arrange for the sale of Shares that
Optionee acquires to meet the withholding obligation for Tax-Related
Items, and/or (2) withhold in Shares, provided that the Company only
withholds the amount of Shares necessary to satisfy the minimum
withholding amount. Finally, Optionee shall pay to the Company or
Optionee’s employer any amount of Tax-Related Items that the Company or
Optionee’s employer may be required to withhold as a result of Optionee’s
participation in the Plan or Optionee’s purchase of Shares that cannot be
satisfied by the means previously described. The Company may refuse to
honor the exercise and refuse to deliver the Shares if Optionee fails to
comply with his or her obligations in connection with the Tax-Related
Items as described in this section.
	 
	 	 	The Optionee hereby acknowledges and agrees that the ultimate liability for
any and all Tax-Related Items legally due by Optionee is and remains his or
her responsibility and that the Company and/or Optionee’s employer (a) make
no representations nor undertakings regarding treatment of any Tax-Related
Items in connection with any aspect of the Option grant, including the
grant, vesting or exercise of the Option and the subsequent sale of Shares
acquired pursuant to such exercise; and (b) do not commit to structure the
terms of the grant or any aspect of the Option to reduce or eliminate
Optionee’s liability regarding Tax-Related Items.
	 
	9.	 	Standard Acknowledgement & Waiver. By entering into this agreement and
accepting the grant of an Option evidenced hereby, Optionee acknowledges
that: (i) the Plan is established voluntarily by the Company, it is
discretionary in nature and it may be modified, amended, suspended or
terminated by the Company at any time unless otherwise provided in the
Plan and this Grant Notice; (ii) the grant of the Option is voluntary and
occasional and does not create any contractual or other right to receive
future grants of options, or benefits in lieu of options, even if options
have been granted repeatedly in the past; (iii) all decisions with respect
to future grants, if any, will be at the sole discretion of the Company;
(iv) the Optionee’s participation in the Plan shall not create a right to
further employment with the Optionee’s employer and shall not interfere
with the ability of the Optionee’s employer to terminate the Optionee’s
employment relationship at any time with or without cause; (v) the
Optionee’s participation in the Plan is voluntary; (vi) the Option is an
extraordinary item that does not constitute compensation of any kind for
services of any kind rendered to the Company or Optionee’s employer, and
which is outside the scope of the Optionee’s employment contract, if any;
(vii) the Option is not part of normal or expected compensation or salary
for any purpose including, but not limited to, calculating any severance,
resignation, termination, redundancy, end of service payments, bonuses,
long-service awards, pension or retirement benefits (including the 401(k)
Savings and Investment Plan and the Deferred Compensation Plan) or similar
payments; (viii) the vesting of any Option ceases upon termination of the
employment relationship as described in Section 6(j)(iv) of the Plan
except as may otherwise be explicitly provided in the Plan document; (ix)
the future value of the underlying Shares is unknown and cannot be
predicted with certainty, and the value of the Shares Optionee acquires
under the Plan may increase or decrease in value, even below the Purchase
Price; (x) if the underlying Shares do not increase in value, the Option
will have no value; (xi) in the event
that Optionee’s employer is not Company, the grant of an Option will not be
interpreted to form an employment contract or relationship with the Company;
and furthermore, the grant of an Option will

 

 

US Notice of Stock Option Grant

	 	 	not be interpreted to form an
employment contract with Optionee’s employer or any subsidiary or affiliate
of the Company; (xii) in consideration of the Option grant, no claim or
entitlement to compensation or damages shall arise from termination of the
Option or diminution in value of the Option or Shares purchased through
exercise of the Option resulting from termination of Optionee’s employment
by the Company or Optionee’s employer (for any reason whatsoever and whether
or not in breach of local labor laws) and Optionee irrevocably releases the
Company and his or her employer from any such claim that may arise; if,
notwithstanding the foregoing, any such claim is found by a court of
competent jurisdiction to have arisen, then, by accepting this Grant Notice,
Optionee shall be deemed irrevocably to have waived his or her entitlement
to pursue such claim; (xiii) notwithstanding any terms or conditions of the
Plan to the contrary, in the event of involuntary termination of Optionee’s
employment (whether or not in breach of local labor laws), Optionee’s right
to receive options and vest in options under the Plan, if any, will
terminate effective as of the date that he or she is no longer actively
employed and will not be extended by any notice period mandated under local
law (e.g., active employment would not include a period of “garden leave” or
similar period pursuant to local law); furthermore, in the event of
involuntary termination of employment (whether or not in breach of local
labor laws), Optionee’s right to exercise the Option after termination of
employment, if any, will be measured by the date of termination of his or
her active employment and will not be extended by any notice period mandated
under local law; the Committee shall have the exclusive discretion to
determine when Optionee is no longer actively employed for purposes of this
Option grant; (xiv) Optionee is responsible for the payment of all taxes and
social contributions which may be imposed on the Optionee as a result of
accepting and/or exercising Option; and (xv) the Company has advised me to
consult my attorney or accountant with respect to tax consequences for me
upon disposition of Shares acquired under the Plan.
	 
	10.	 	Data Privacy Consent. As a condition of the grant of the Option, the
Optionee hereby explicitly and unambiguously consents to the collection,
use, processing and transfer, in electronic or other form, of personal
data as described in this paragraph by and among, as applicable,
Optionee’s employer and the Company and any of its subsidiaries and
affiliates for the exclusive purpose of implementing, administering and
managing Optionee’s participation in the Plan. The Optionee understands
that the Company and any Parent, Subsidiary or Affiliate hold certain
personal information about the Optionee, including the Optionee’s name,
home address and telephone number, date of birth, social security number
or other identification number, salary, nationality, job title, any Shares
or directorships held in the Company, details of all options or any other
entitlement to Shares awarded, canceled, exercised, vested, unvested or
outstanding in the Optionee’s favor, for the purpose of managing and
administering the Plan (“Data”). The Optionee acknowledges that Data may
be transferred to E-Trade, Inc. (“E-Trade”) or such other broker as
designated by the Company and to any third parties assisting in the
implementation, administration and management of the Plan, provided that
the Company ensures that the recipient maintains a level of privacy
broadly equivalent to the standard set down in the Company’s Internal
Privacy Policy. The Optionee accepts that these recipients may be located
in the United States or the European Economic Area and that the
recipient’s country may have different data privacy laws and protections
than Optionee’s country. Optionee understands that Optionee may request a
list with the names and address of any potential recipients of the Data by
contacting his or her local human resources representative. The Optionee
authorizes the recipients to receive, possess, use, retain and transfer
the Data, in electronic or other form, for the purposes of implementing,
administering and managing the Optionee’s participation in the Plan,
including any requisite transfer of such Data to a designated broker or
other third party with whom the Optionee may elect to deposit any Shares
acquired upon exercise of the Option such Data as may be required for the
administration of the Plan and/or the subsequent holding of Shares on
Optionee’s behalf. The Optionee understands Data will be held only as
long as necessary to implement,
administer and manage Optionee’s participation in the Plan. The Optionee
understands that the Optionee may, at any time, view Data, request
additional information about the storage and

 

 

US Notice of Stock Option Grant

	 	 	processing of Data, require any
necessary amendments to Data or refuse or withdraw the consents herein,
without cost to Optionee, by contacting in writing Optionee’s local human
resources representative. Optionee understands that withdrawal of consent
may, however, affect Optionee’s ability to exercise or realize benefits from
the Option. For more information on the consequences of refusal to consent
or withdrawal of consent, Optionee understands that Optionee may contact
Optionee’s local human resources representative.
	 
	 	 	As a condition of the grant of the Option, the Optionee unambiguously gives
his or her consent to the transfer of Data, as described in the Grant
Notice, and although countries outside of the European Union may lack legal
provisions that offer an adequate level of protection, similar to the
European Directive 95/46/EC, Optionee agrees that his or her personal data
may be transferred to such countries.
	 
	11.	 	Entire Agreement; Interpretation. The Plan made available at the
Company’s web site at http://hrweb.us.oracle.com/benefits/00longtm.pdf is
incorporated herein by reference This Grant Notice and the Plan constitute
the entire agreement of the parties and supersede all prior undertakings
and agreements with respect to the subject matter hereof. The Committee
may amend this Grant Notice and the Plan from time to time. Optionee
understands and agrees that the terms of the Option can only be amended in
writing. Optionee agrees that the terms of the Plan govern the Option and
that all interpretations and determinations made by the Company (or its
Board of Directors and any committee of the Board administering the Plan)
with respect to the Plan and this Grant Notice shall be final and binding
on all persons. This Grant Notice is governed by California law except for
that body of law pertaining to conflict of laws. Unless Optionee is
subject to a Mutual Agreement to Arbitrate with the Company, Optionee
agrees to institute any legal action or legal proceeding relating to the
Grant Notice or the Plan in state court in San Mateo County, California or
in federal court in San Francisco, California. Optionee agrees to submit
to the jurisdiction of and agrees that venue is proper in the aforesaid
courts in any such action or proceeding.
	 
	12.	 	Language. If Optionee received this or any other document related to the
Plan translated into a language other than English and if the translated
version is different than the English version, the English version will
control.
	 
	13.	 	Electronic Delivery. The Company may, in its sole discretion, decide to
deliver any documents related to the Option granted hereunder,
participation in the Plan or future options that may be granted under the
Plan by electronic means or to request Optionee’s consent to participate
in the Plan by electronic means. Optionee hereby consents to receive such
documents by electronic delivery and, if requested, to agree to
participate in the Plan through an on-line or electronic system
established and maintained by the Company or another third party
designated by the Company.
	 
	14.	 	Severability. The provisions of this Grant Notice are severable and if
any one or more provisions are determined to be illegal or otherwise
unenforceable, in whole or in part, the remaining provisions shall
nevertheless be binding and enforceable.
	 
	15.	 	By clicking “I have Read and Agree” on the button below, Optionee accepts
the Option and agrees to be bound by its terms.

These terms apply to grants made on or after July 10, 2003.

 

 

Singapore Notice of Option Grant

NOTICE OF STOCK OPTION GRANT

2000 LONG-TERM EQUITY INCENTIVE PLAN

NON-QUALIFIED STOCK OPTION

SINGAPORE

	1.	 	Grant. Oracle Corporation (the “Company”) has granted to the optionee
(“Optionee”) named on the preceding Certificate of Stock Option Grant (the
“Certificate”) a non-qualified option (the “Option”) to purchase the total
number of shares of Common Stock set forth on such Certificate (the
“Shares”) at the exercise price per share set forth therein (the “Exercise
Price”). This Option is subject to the terms set forth below and in the
Company’s 2000 Long-Term Equity Incentive Plan as amended to date (the
“Plan”). In the event of a conflict between the terms of the Plan and the
terms of this Notice of Stock Option Grant (the “Grant Notice”), the terms
of the Plan shall govern. All capitalized terms not defined herein shall
have the meanings ascribed to them in the Plan.
	 
	2.	 	Restrictions on Exercise. Subject to the terms of the Plan and this
Grant Notice, the Option may be exercised in increments on or after each
vesting date specified on the Certificate, provided that in no event may
the Option be exercised after the last date to exercise specified on the
Certificate (the “Expiration Date”). In addition, this Option may not be
exercised as to fewer than 100 shares unless it is exercised as to all
Shares as to which this Option is then exercisable.
	 
	3.	 	Termination of Option.

	 	a)	 	This Option shall cease vesting upon termination of
Optionee’s employment relationship with Optionee’s employer. An
Optionee’s employment relationship shall be considered to have
terminated, and the Optionee to have ceased to be employed by the
Company or its Parent, Subsidiary or Affiliate, on the earliest of:

	 	(1)	 	the date on which the Company, or any Parent,
Subsidiary or Affiliate of the Company, as appropriate,
delivers to the Optionee notice in a form prescribed by the
Company that the Company, or such other entity, is thereby
terminating the employment relationship (regardless of
whether the notice or termination is lawful or unlawful or is
in breach of any contract of employment);
	 
	 	(2)	 	the date on which the Optionee delivers notice
in a form prescribed by the Company, to the Company, or any
Parent, Subsidiary or Affiliate of the Company, as
appropriate, that the Optionee is terminating the employment
relationship (regardless of whether the notice or termination
is lawful or unlawful or is in breach of any contract of
employment);
	 
	 	(3)	 	the date on which the Optionee ceases to
provide services to the Company, or any Parent, Subsidiary or
Affiliate of the Company, as appropriate, except where the
Optionee is on an authorized leave of absence; or
	 
	 	(4)	 	the date on which the Optionee ceases to be
considered an “employee” under applicable law.

	 	 	 	The committee of the Board of Directors of the Company administering
the Plan (the “Committee”) shall have discretion to determine whether
Optionee has ceased to be

 

 

Singapore Notice of Option Grant

	 	 	 	employed by the Company or any Parent, Subsidiary or Affiliate of the
Company and the effective date on which such employment terminated.
	 
	 	b)	 	If Optionee ceases to be employed by the Company or any
Parent, Subsidiary or Affiliate of the Company, as appropriate, for
any reason except death or disability, this Option may be exercised
to the extent (and only to the extent) that it would have been
exercisable upon the date of termination of Optionee’s employment,
within three (3) months after the date of termination, but in any
event no later than the Expiration Date of the Option. If
employment ceases because of death or disability, this Option may be
exercised to the extent (and only to the extent) specified in the
Plan.

	4.	 	Manner of Exercise; Consideration. The Option may be exercised by
delivery to the Company of the stock option exercise agreements in the
form then approved by the Committee, stating the number of Shares being
purchased, the restrictions imposed on the Shares, if any, and such
representations and agreements, as may be required by the Company to
comply with applicable laws, together with payment in a form allowed under
the Plan. The current forms of Stock Option Exercise Form and Stock
Option Exercise Notice and Agreement (the “Exercise Agreement”) are
available at the Company’s web site at:
	 
	 	 	http://hrweb.us.oracle.com/benefits/option.htm
	 
	 	 	The Committee may permit the execution of “same day sale” transactions
electronically.
	 
	 	 	Due to administrative restrictions, paying the Exercise Price by means of
the surrender of Shares having a Fair Market Value equal to the applicable
Exercise Price of the Options is not an available method of exercise in
Singapore.
	 
	5.	 	Compliance with Laws and Regulations. The issuance and transfer of
Shares shall be subject to compliance by the Company and Optionee with all
applicable requirements of federal, state, local or foreign securities
laws and with all applicable requirements of any stock exchange or
national market system on which the Company’s common stock may be listed
at the time of such issuance or transfer.
	 
	6.	 	Transferability of Option. This Option may not be transferred in any
manner other than (i) by will, or (ii) by the laws of descent and
distribution.
	 
	7.	 	Tax Consequence. The U.S. federal income tax consequences of receipt and
exercise and transfer of the Option, as well as upon disposition of the
Shares following exercise, are set forth in the Plan Prospectus made
available at the Company’s web site at:
	 
	 	 	http://hrweb.us.oracle.com/benefits/00longtm.pdf
	 
	 	 	The tax treatment in the Optionee’s country of residence may differ from
that reflected in the Plan Prospectus.
	 
	8.	 	Tax Withholding. Prior to the exercise of the Option, Optionee must pay
or make adequate provision for any federal, state, local or foreign taxes
and any social insurance or payment on account obligations (“Tax-Related
Items”) of the Company and/or Optionee’s employer. Optionee agrees that,
if necessary to cover any Tax-Related Items, the Company or Optionee’s
employer may withhold and/or report the appropriate amount of Tax-Related

 

 

Singapore Notice of Option Grant

	 	 	Items from the Optionee’s salary or from proceeds from the sale of Shares
acquired at exercise. Alternatively, or in addition, if permissible under
local law, the Company may (1) sell or arrange for the sale of Shares that
Optionee acquires to meet the withholding obligation for Tax-Related Items,
and/or (2) withhold in Shares, provided that the Company only withholds the
amount of Shares necessary to satisfy the minimum withholding amount.
Finally, Optionee shall pay to the Company or Optionee’s employer any amount
of Tax-Related Items that the Company or Optionee’s employer may be required
to withhold as a result of Optionee’s participation in the Plan or
Optionee’s purchase of Shares that cannot be satisfied by the means
previously described. The Company may refuse to honor the exercise and
refuse to deliver the Shares if Optionee fails to comply with his or her
obligations in connection with the Tax-Related Items as described in this
section.
	 
	 	 	The Optionee hereby acknowledges and agrees that the ultimate liability for
any and all Tax-Related Items legally due by Optionee is and remains his or
her responsibility and that the Company and/or Optionee’s employer (a) make
no representations nor undertakings regarding treatment of any Tax-Related
Items in connection with any aspect of the Option grant, including the
grant, vesting or exercise of the Option and the subsequent sale of Shares
acquired pursuant to such exercise; and (b) do not commit to structure the
terms of the grant or any aspect of the Option to reduce or eliminate
Optionee’s liability regarding Tax-Related Items.
	 
	9.	 	Standard Acknowledgement & Waiver. By entering into this agreement and
accepting the grant of an Option evidenced hereby, Optionee acknowledges
that: (i) the Plan is established voluntarily by the Company, it is
discretionary in nature and it may be modified, amended, suspended or
terminated by the Company at any time unless otherwise provided in the
Plan and this Grant Notice; (ii) the grant of the Option is voluntary and
occasional and does not create any contractual or other right to receive
future grants of options, or benefits in lieu of options, even if options
have been granted repeatedly in the past; (iii) all decisions with respect
to future grants, if any, will be at the sole discretion of the Company;
(iv) the Optionee’s participation in the Plan shall not create a right to
further employment with the Optionee’s employer and shall not interfere
with the ability of the Optionee’s employer to terminate the Optionee’s
employment relationship at any time with or without cause; (v) the
Optionee’s participation in the Plan is voluntary; (vi) the Option is an
extraordinary item that does not constitute compensation of any kind for
services of any kind rendered to the Company or Optionee’s employer, and
which is outside the scope of the Optionee’s employment contract, if any;
(vii) the Option is not part of normal or expected compensation or salary
for any purpose including, but not limited to, calculating any severance,
resignation, termination, redundancy, end of service payments, bonuses,
long-service awards, pension or retirement benefits (including the 401(k)
Savings and Investment Plan and the Deferred Compensation Plan) or similar
payments; (viii) the vesting of any Option ceases upon termination of the
employment relationship as described in Section 6(j)(iv) of the Plan
except as may otherwise be explicitly provided in the Plan document; (ix)
the future value of the underlying Shares is unknown and cannot be
predicted with certainty, and the value of the Shares Optionee acquires
under the Plan may increase or decrease in value, even below the Purchase
Price; (x) if the underlying Shares do not increase in value, the Option
will have no value; (xi) in the event that Optionee’s employer is not
Company, the grant of an Option will not be interpreted to form an
employment contract or relationship with the Company; and furthermore, the
grant of an Option will not be interpreted to form an employment contract
with Optionee’s employer or any subsidiary or affiliate of the Company;
(xii) in consideration of the Option grant, no claim or entitlement to
compensation or damages shall arise from termination of the Option or
diminution in value of the Option or Shares purchased

 

 

Singapore Notice of Option Grant

	 	 	through exercise of the Option resulting from termination of Optionee’s
employment by the Company or Optionee’s employer (for any reason whatsoever
and whether or not in breach of local labor laws) and Optionee irrevocably
releases the Company and his or her employer from any such claim that may
arise; if, notwithstanding the foregoing, any such claim is found by a court
of competent jurisdiction to have arisen, then, by accepting this Grant
Notice, Optionee shall be deemed irrevocably to have waived his or her
entitlement to pursue such claim; (xiii) notwithstanding any terms or
conditions of the Plan to the contrary, in the event of involuntary
termination of Optionee’s employment (whether or not in breach of local
labor laws), Optionee’s right to receive options and vest in options under
the Plan, if any, will terminate effective as of the date that he or she is
no longer actively employed and will not be extended by any notice period
mandated under local law (e.g., active employment would not include a period
of “garden leave” or similar period pursuant to local law); furthermore, in
the event of involuntary termination of employment (whether or not in breach
of local labor laws), Optionee’s right to exercise the Option after
termination of employment, if any, will be measured by the date of
termination of his or her active employment and will not be extended by any
notice period mandated under local law; the Committee shall have the
exclusive discretion to determine when Optionee is no longer actively
employed for purposes of this Option grant; (xiv) Optionee is responsible
for the payment of all taxes and social contributions which may be imposed
on the Optionee as a result of accepting and/or exercising Option; and (xv)
the Company has advised Optionee to consult his or her attorney or
accountant with respect to the tax consequences upon exercise of the Option
and/or disposition of Shares acquired under the Plan.
	 
	10.	 	Data Privacy Consent. As a condition of the grant of the Option, the
Optionee hereby explicitly and unambiguously consents to the collection,
use, processing and transfer, in electronic or other form, of personal
data as described in this paragraph by and among, as applicable,
Optionee’s employer and the Company and any of its subsidiaries and
affiliates for the exclusive purpose of implementing, administering and
managing Optionee’s participation in the Plan. The Optionee understands
that the Company and any Parent, Subsidiary or Affiliate hold certain
personal information about the Optionee, including the Optionee’s name,
home address and telephone number, date of birth, social security number
or other identification number, salary, nationality, job title, any Shares
or directorships held in the Company, details of all options or any other
entitlement to Shares awarded, canceled, exercised, vested, unvested or
outstanding in the Optionee’s favor, for the purpose of managing and
administering the Plan (“Data”). The Optionee acknowledges that Data may
be transferred to E-Trade, Inc. (“E-Trade”) or such other broker as
designated by the Company and to any third parties assisting in the
implementation, administration and management of the Plan, provided that
the Company ensures that the recipient maintains a level of privacy
broadly equivalent to the standard set down in the Company’s Internal
Privacy Policy. The Optionee accepts that these recipients may be located
in the United States or the European Economic Area and that the
recipient’s country may have different data privacy laws and protections
than Optionee’s country. Optionee understands that Optionee may request a
list with the names and address of any potential recipients of the Data by
contacting my local human resources representative. The Optionee
authorizes the recipients to receive, possess, use, retain and transfer
the Data, in electronic or other form, for the purposes of implementing,
administering and managing the Optionee’s participation in the Plan,
including any requisite transfer of such Data to a designated broker or
other third party with whom the Optionee may elect to deposit any Shares
acquired upon exercise of the Option such Data as may be required for the
administration of the Plan and/or the subsequent holding of Shares on
Optionee’s behalf. The Optionee understands Data will be held only as
long as necessary to implement, administer and manage Optionee’s
participation in the Plan.

 

 

Singapore Notice of Option Grant

	 	 	The Optionee understands that the Optionee may, at any time, view Data,
request additional information about the storage and processing of Data,
require any necessary amendments to Data or refuse or withdraw the consents
herein, without cost to Optionee, by contacting in writing Optionee’s local
human resources representative. Optionee understands that withdrawal of
consent may, however, affect Optionee’s ability to exercise or realize
benefits from the Option. For more information on the consequences of
refusal to consent or withdrawal of consent, Optionee understands that
Optionee may contact Optionee’s local human resources representative.
	 
	 	 	As a condition of the grant of the Option, the Optionee unambiguously gives
his or her consent to the transfer of Data, as described in the Grant
Notice, and although countries outside of the European Union may lack legal
provisions that offer an adequate level of protection, similar to the
European Directive 95/46/EC, Optionee agrees that his or her personal data
may be transferred to such countries.
	 
	11.	 	Entire Agreement; Interpretation. The Plan made available at the
Company’s web site at
http://hrweb.us.oracle.com/benefits/00longtm.pdf is
incorporated herein by reference. This Grant Notice and the Plan
constitute the entire agreement of the parties and supersede all prior
undertakings and agreements with respect to the subject matter hereof. The
Committee may amend this Grant Notice and the Plan from time to time.
Optionee understands and agrees that the terms of the Option can only be
amended in writing. Optionee agrees that the terms of the Plan govern the
Option and that all interpretations and determinations made by the Company
(or its Board of Directors and any committee of the Board administering
the Plan) with respect to the Plan and this Grant Notice shall be final
and binding on all persons. This Grant Notice is governed by California
law except for that body of law pertaining to conflict of laws. Unless
Optionee is subject to a Mutual Agreement to Arbitrate with the Company,
Optionee agrees to institute any legal action or legal proceeding relating
to the Grant Notice or the Plan in state court in San Mateo County,
California or in federal court in San Francisco, California. Optionee
agrees to submit to the jurisdiction of and agrees that venue is proper in
the aforesaid courts in any such action or proceeding.
	 
	12.	 	Language. If Optionee received this or any other document related to the
Plan translated into a language other than English and if the translated
version is different than the English version, the English version will
control.
	 
	13.	 	Electronic Delivery. The Company may, in its sole discretion, decide to
deliver any documents related to the Option granted hereunder,
participation in the Plan or future options that may be granted under the
Plan by electronic means or to request Optionee’s consent to participate
in the Plan by electronic means. Optionee hereby consents to receive such
documents by electronic delivery and, if requested, to agree to
participate in the Plan through an on-line or electronic system
established and maintained by the Company or another third party
designated by the Company.
	 
	14.	 	Severability. The provisions of this Grant Notice are severable and if
any one or more provisions are determined to be illegal or otherwise
unenforceable, in whole or in part, the remaining provisions shall
nevertheless be binding and enforceable.
	 
	15.	 	By clicking on the “Accept” button, Optionee accepts the Option and
agrees to be bound by its terms.

These terms apply to grants made on or after August 13, 2004.

 

 

Switzerland Notice of Option Grant

NOTICE OF STOCK
OPTION GRANT

2000 LONG-TERM EQUITY INCENTIVE PLAN

NON-QUALIFIED STOCK OPTION

SWITZERLAND

	1.	 	Grant. Oracle Corporation (the “Company”) has granted to the optionee
(“Optionee”) named on the preceding Certificate of Stock Option Grant (the
“Certificate”) a non-qualified option (the “Option”) to purchase the total
number of shares of Common Stock set forth on such Certificate (the
“Shares”) at the exercise price per share set forth therein (the “Exercise
Price”). This Option is subject to the terms set forth below and in the
Company’s 2000 Long-Term Equity Incentive Plan as amended to date (the
“Plan”). In the event of a conflict between the terms of the Plan and the
terms of this Notice of Stock Option Grant (the “Grant Notice”), the terms
of the Plan shall govern. All capitalized terms not defined herein shall
have the meanings ascribed to them in the Plan.
	 
	2.	 	Restrictions on Exercise. Subject to the terms of the Plan and this Grant
Notice, the Option may be exercised in increments on or after each vesting
date specified on the Certificate, provided that in no event may the
Option be exercised after the last date to exercise specified on the
Certificate (the “Expiration Date”). In addition, this Option may not be
exercised as to fewer than 100 shares unless it is exercised as to all
Shares as to which this Option is then exercisable.
	 
	3.	 	Termination of Option.

	 	a)	 	This Option shall cease vesting upon termination of
Optionee’s employment relationship with Optionee’s employer. An
Optionee’s employment relationship shall be considered to have
terminated, and the Optionee to have ceased to be employed by the
Company or its Parent, Subsidiary or Affiliate, on the earliest of:

	 	(1)	 	the date on which the Company, or any Parent,
Subsidiary or Affiliate of the Company, as appropriate,
delivers to the Optionee notice in a form prescribed by the
Company that the Company, or such other entity, is thereby
terminating the employment relationship (regardless of
whether the notice or termination is lawful or unlawful or is
in breach of any contract of employment);
	 
	 	(2)	 	the date on which the Optionee delivers notice
in a form prescribed by the Company, to the Company, or any
Parent, Subsidiary or Affiliate of the Company, as
appropriate, that the Optionee is terminating the employment
relationship (regardless of whether the notice or termination
is lawful or unlawful or is in breach of any contract of
employment);
	 
	 	(3)	 	the date on which the Optionee ceases to
provide services to the Company, or any Parent, Subsidiary or
Affiliate of the Company, as appropriate, except where the
Optionee is on an authorized leave of absence; or
	 
	 	(4)	 	the date on which the Optionee ceases to be
considered an “employee” under applicable law.

	 	 	 	The committee of the Board of Directors of the Company administering
the Plan (the “Committee”) shall have discretion to determine whether
Optionee has ceased to be employed by the Company or any Parent,
Subsidiary or Affiliate of the Company and the effective date on
which such employment terminated.
	 
	 	b)	 	If Optionee ceases to be employed by the Company or any
Parent, Subsidiary or Affiliate of the Company, as appropriate, for
any reason except death or disability,

 

 

Switzerland Notice of Option Grant

	 	 	 	this Option may be exercised to the extent (and only to the extent)
that it would have been exercisable upon the date of termination of
Optionee’s employment, within three (3) months after the date of
termination, but in any event no later than the Expiration Date of
the Option. If employment ceases because of death or disability,
this Option may be exercised to the extent (and only to the extent)
specified in the Plan.

	4.	 	Manner of Exercise; Consideration. The Option may be exercised by
delivery to the Company of the stock option exercise agreements in the
form then approved by the Committee, stating the number of Shares being
purchased, the restrictions imposed on the Shares, if any, and such
representations and agreements, as may be required by the Company to
comply with applicable laws, together with payment in a form allowed under
the Plan. The current forms of Stock Option Exercise Form and Stock
Option Exercise Notice and Agreement (the “Exercise Agreement”) are
available at the Company’s web site at:
	 
	 	 	http://hrweb.us.oracle.com/benefits/option.htm
	 
	 	 	The Committee may permit the execution of “same day sale” transactions
electronically.
	 
	 	 	Due to administrative restrictions, paying the Exercise Price by means of
the surrender of Shares having a Fair Market Value equal to the applicable
Exercise Price of the Option is not an available method of exercise in
Switzerland.
	 
	 	 	Due to exchange control regulations restricting the remittance of cash for
the purchase of foreign securities or the holding of such securities, or
securities law restrictions restricting the offering of Foreign securities
or the holding of such securities, optionees in Switzerland will be limited
to the “full cashless” method of exercise only. The “full cashless”
exercise method uses a broker who, upon exercise, will simultaneously sell
all of the Shares that the optionee was entitled to upon exercise, use the
proceeds to pay the Exercise Price (plus any applicable fees or taxes) and
remit the balance to the Optionee in cash.
	 
	 	 	Depending on the development of local laws, the Company reserves the right
to provide Optionee with additional methods of exercising the Option prior
to the vesting date.
	 
	5.	 	Compliance with Laws and Regulations. The issuance and transfer of
Shares shall be subject to compliance by the Company and Optionee with all
applicable requirements of federal, state, local or foreign securities
laws and with all applicable requirements of any stock exchange or
national market system on which the Company’s common stock may be listed
at the time of such issuance or transfer.
	 
	6.	 	Transferability of Option. This Option may not be transferred in any
manner other than (i) by will, or (ii) by the laws of descent and
distribution.
	 
	7.	 	Tax Consequence. The U.S. federal income tax consequences of receipt and
exercise and transfer of the Option, as well as upon disposition of the
Shares following exercise, are set forth in the Plan Prospectus made
available at the Company’s web site at:
	 
	 	 	http://hrweb.us.oracle.com/benefits/00longtm.pdf
	 
	 	 	The tax treatment in the Optionee’s country of residence may differ from
that reflected in the Plan Prospectus.

 

 

Switzerland Notice of Option Grant

	8.	 	Tax Withholding. Prior to the exercise of the Option, Optionee must pay
or make adequate provision for any federal, state, local or foreign taxes
and any social insurance or payment on account obligations (“Tax-Related
Items”) of the Company and/or Optionee’s employer. Optionee agrees that,
if necessary to cover any Tax-Related Items, the Company or Optionee’s
employer may withhold and/or report the appropriate amount of Tax-Related
Items from the Optionee’s salary or from proceeds from the sale of Shares
acquired at exercise. Alternatively, or in addition, if permissible under
local law, the Company may (1) sell or arrange for the sale of Shares that
Optionee acquires to meet the withholding obligation for Tax-Related
Items, and/or (2) withhold in Shares, provided that the Company only
withholds the amount of Shares necessary to satisfy the minimum
withholding amount. Finally, Optionee shall pay to the Company or
Optionee’s employer any amount of Tax-Related Items that the Company or
Optionee’s employer may be required to withhold as a result of Optionee’s
participation in the Plan or Optionee’s purchase of Shares that cannot be
satisfied by the means previously described. The Company may refuse to
honor the exercise and refuse to deliver the Shares if Optionee fails to
comply with his or her obligations in connection with the Tax-Related
Items as described in this section.
	 
	 	 	The Optionee hereby acknowledges and agrees that the ultimate liability for
any and all Tax-Related Items legally due by Optionee is and remains his or
her responsibility and that the Company and/or Optionee’s employer (a) make
no representations nor undertakings regarding treatment of any Tax-Related
Items in connection with any aspect of the Option grant, including the
grant, vesting or exercise of the Option and the subsequent sale of Shares
acquired pursuant to such exercise; and (b) do not commit to structure the
terms of the grant or any aspect of the Option to reduce or eliminate
Optionee’s liability regarding Tax-Related Items.
	 
	9.	 	Standard Acknowledgement & Waiver. By entering into this agreement and
accepting the grant of an Option evidenced hereby, Optionee acknowledges
that: (i) the Plan is established voluntarily by the Company, it is
discretionary in nature and it may be modified, amended, suspended or
terminated by the Company at any time unless otherwise provided in the
Plan and this Grant Notice; (ii) the grant of the Option is voluntary and
occasional and does not create any contractual or other right to receive
future grants of options, or benefits in lieu of options, even if options
have been granted repeatedly in the past; (iii) all decisions with respect
to future grants, if any, will be at the sole discretion of the Company;
(iv) the Optionee’s participation in the Plan shall not create a right to
further employment with the Optionee’s employer and shall not interfere
with the ability of the Optionee’s employer to terminate the Optionee’s
employment relationship at any time with or without cause; (v) the
Optionee’s participation in the Plan is voluntary; (vi) the Option is an
extraordinary item that does not constitute compensation of any kind for
services of any kind rendered to the Company or Optionee’s employer, and
which is outside the scope of the Optionee’s employment contract, if any;
(vii) the Option is not part of normal or expected compensation or salary
for any purpose including, but not limited to, calculating any severance,
resignation, termination, redundancy, end of service payments, bonuses,
long-service awards, pension or retirement benefits (including the 401(k)
Savings and Investment Plan and the Deferred Compensation Plan) or similar
payments; (viii) the vesting of any Option ceases upon termination of the
employment relationship as described in Section 6(j)(iv) of the Plan
except as may otherwise be explicitly provided in the Plan document; (ix)
the future value of the underlying Shares is unknown and cannot be
predicted with certainty, and the value of the Shares Optionee acquires
under the Plan may increase or decrease in value, even below the Purchase
Price; (x) if the underlying Shares do not increase in value, the Option
will have no

 

 

Switzerland Notice of Option Grant

	 	 	value; (xi) in the event that Optionee’s employer is not Company, the grant
of an Option will not be interpreted to form an employment contract or
relationship with the Company; and furthermore, the grant of an Option will
not be interpreted to form an employment contract with Optionee’s employer
or any subsidiary or affiliate of the Company; (xii) in consideration of
the Option grant, no claim or entitlement to compensation or damages shall
arise from termination of the Option or diminution in value of the Option or
Shares purchased through exercise of the Option resulting from termination
of Optionee’s employment by the Company or Optionee’s employer (for any
reason whatsoever and whether or not in breach of local labor laws) and
Optionee irrevocably releases the Company and his or her employer from any
such claim that may arise; if, notwithstanding the foregoing, any such claim
is found by a court of competent jurisdiction to have arisen, then, by
accepting this Grant Notice, Optionee shall be deemed irrevocably to have
waived his or her entitlement to pursue such claim; (xiii) notwithstanding
any terms or conditions of the Plan to the contrary, in the event of
involuntary termination of Optionee’s employment (whether or not in breach
of local labor laws), Optionee’s right to receive options and vest in
options under the Plan, if any, will terminate effective as of the date that
he or she is no longer actively employed and will not be extended by any
notice period mandated under local law (e.g., active employment would not
include a period of “garden leave” or similar period pursuant to local law);
furthermore, in the event of involuntary termination of employment (whether
or not in breach of local labor laws), Optionee’s right to exercise the
Option after termination of employment, if any, will be measured by the date
of termination of his or her active employment and will not be extended by
any notice period mandated under local law; the Committee shall have the
exclusive discretion to determine when Optionee is no longer actively
employed for purposes of this Option grant; (xiv) Optionee is responsible
for the payment of all taxes and social contributions which may be imposed
on the Optionee as a result of accepting and/or exercising Option; and (xv)
the Company has advised Optionee to consult his or her attorney or
accountant with respect to the tax consequences upon exercise of the Option
and/or disposition of Shares acquired under the Plan.
	 
	10.	 	Data Privacy Consent. As a condition of the grant of the Option, the
Optionee hereby explicitly and unambiguously consents to the collection,
use, processing and transfer, in electronic or other form, of personal
data as described in this paragraph by and among, as applicable,
Optionee’s employer and the Company and any of its subsidiaries and
affiliates for the exclusive purpose of implementing, administering and
managing Optionee’s participation in the Plan. The Optionee understands
that the Company and any Parent, Subsidiary or Affiliate hold certain
personal information about the Optionee, including the Optionee’s name,
home address and telephone number, date of birth, social security number
or other identification number, salary, nationality, job title, any Shares
or directorships held in the Company, details of all options or any other
entitlement to Shares awarded, canceled, exercised, vested, unvested or
outstanding in the Optionee’s favor, for the purpose of managing and
administering the Plan (“Data”). The Optionee acknowledges that Data may
be transferred to E-Trade, Inc. (“E-Trade”) or such other broker as
designated by the Company and to any third parties assisting in the
implementation, administration and management of the Plan, provided that
the Company ensures that the recipient maintains a level of privacy
broadly equivalent to the standard set down in the Company’s Internal
Privacy Policy. The Optionee accepts that these recipients may be located
in the United States or the European Economic Area and that the
recipient’s country may have different data privacy laws and protections
than Optionee’s country. Optionee understands that Optionee may request a
list with the names and address of any potential recipients of the Data by
contacting my local human resources representative. The Optionee
authorizes the recipients to receive, possess, use, retain and transfer
the Data, in electronic or other form, for

 

 

Switzerland Notice of Option Grant

	 	 	the purposes of implementing, administering and managing the Optionee’s
participation in the Plan, including any requisite transfer of such Data to
a designated broker or other third party with whom the Optionee may elect to
deposit any Shares acquired upon exercise of the Option such Data as may be
required for the administration of the Plan and/or the subsequent holding of
Shares on Optionee’s behalf. The Optionee understands Data will be held
only as long as necessary to implement, administer and manage Optionee’s
participation in the Plan. The Optionee understands that the Optionee may,
at any time, view Data, request additional information about the storage and
processing of Data, require any necessary amendments to Data or refuse or
withdraw the consents herein, without cost to Optionee, by contacting in
writing Optionee’s local human resources representative. Optionee
understands that withdrawal of consent may, however, affect Optionee’s
ability to exercise or realize benefits from the Option. For more
information on the consequences of refusal to consent or withdrawal of
consent, Optionee understands that Optionee may contact Optionee’s local
human resources representative.
	 
	 	 	As a condition of the grant of the Option, the Optionee unambiguously gives
his or her consent to the transfer of Data, as described in the Grant
Notice, and although countries outside of the European Union may lack legal
provisions that offer an adequate level of protection, similar to the
European Directive 95/46/EC, Optionee agrees that his or her personal data
may be transferred to such countries.
	 
	11.	 	Entire Agreement; Interpretation. The Plan made available at the
Company’s web site at
http://hrweb.us.oracle.com/benefits/00longtm.pdf is
incorporated herein by reference. This Grant Notice and the Plan
constitute the entire agreement of the parties and supersede all prior
undertakings and agreements with respect to the subject matter hereof. The
Committee may amend this Grant Notice and the Plan from time to time.
Optionee understands and agrees that the terms of the Option can only be
amended in writing. Optionee agrees that the terms of the Plan govern the
Option and that all interpretations and determinations made by the Company
(or its Board of Directors and any committee of the Board administering
the Plan) with respect to the Plan and this Grant Notice shall be final
and binding on all persons. This Grant Notice is governed by California
law except for that body of law pertaining to conflict of laws. Unless
Optionee is subject to a Mutual Agreement to Arbitrate with the Company,
Optionee agrees to institute any legal action or legal proceeding relating
to the Grant Notice or the Plan in state court in San Mateo County,
California or in federal court in San Francisco, California. Optionee
agrees to submit to the jurisdiction of and agrees that venue is proper in
the aforesaid courts in any such action or proceeding.
	 
	12.	 	Language. If Optionee received this or any other document related to the
Plan translated into a language other than English and if the translated
version is different than the English version, the English version will
control.
	 
	13.	 	Electronic Delivery. The Company may, in its sole discretion, decide to
deliver any documents related to the Option granted hereunder,
participation in the Plan or future options that may be granted under the
Plan by electronic means or to request Optionee’s consent to participate
in the Plan by electronic means. Optionee hereby consents to receive such
documents by electronic delivery and, if requested, to agree to
participate in the Plan through an on-line or electronic system
established and maintained by the Company or another third party
designated by the Company.

 

 

Switzerland Notice of Option Grant

	14.	 	Severability. The provisions of this Grant Notice are severable and if
any one or more provisions are determined to be illegal or otherwise
unenforceable, in whole or in part, the remaining provisions shall
nevertheless be binding and enforceable.
	 
	15.	 	By clicking on the “Accept” button, Optionee accepts the Option and
agrees to be bound by its terms.

These terms apply to grants made on or after August 13, 2004.

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