Document:

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                                                                EXHIBIT 10.8(c)

                       NEW SAC 2001 RESTRICTED SHARE PLAN

                           RESTRICTED SHARE AGREEMENT
                                (OTHER EMPLOYEES)

     THIS AGREEMENT (the "Agreement"), is made effective as of the __the day of
________, 2001, (hereinafter called the "Date of Grant"), between New SAC, a
limited company incorporated in the Cayman Islands (the "Company") and
___________________ (the "Participant"):

     The Company, pursuant to the New SAC 2001 Restricted Share Plan (the
"Plan") hereby grants to the Participant, _________ ordinary shares, par value
$.0001, of the Company (the "Shares"). The Shares are granted pursuant to the
Plan, and are governed by the terms and conditions of the Plan. All defined
terms used herein, unless specifically defined in this Agreement, have the
meanings assigned to them in the Plan. The Participant agrees to be bound by all
terms and conditions of this Agreement and the Plan, as amended from time to
time.

     To be effective, this Restricted Share Agreement must be signed by the
Participant and returned to the General Counsel, within 10 weeks of the date
hereof and the Participant must become a signatory to the Management
Shareholders Agreement dated as of November 22, 2000 among the Company and
certain individuals identified therein.

          1.   Restrictions on Transfer of Shares. Except as otherwise
               ----------------------------------
determined by the Committee, the Shares cannot be sold, assigned, transferred,
pledged, hypothecated or otherwise disposed of (collectively, a "Transfer")
during the Restriction Period. For purposes of this Agreement, the Restriction
Period shall mean, from the Date of Grant until four years following the Date of
Grant; provided, however, that, subject to the Participant's continued
employment, the Restriction Period shall lapse with respect to twenty - five
percent (25%) of the Shares on the first anniversary of the Date of Grant and
with respect to 1/48/th/ of the Shares at the end of each month thereafter.

          2.   Forfeiture of Shares. Except as provided in Section 5 of this
               --------------------
Agreement, if the Participant's employment with the Company shall terminate,
prior to the expiration of the Restriction Period, for any reason, any Shares
with respect to which the Restriction Period has not yet lapsed (the "Restricted
Shares") shall, upon such termination of employment, be forfeited by Participant
to the Company, without the payment of any consideration or further
consideration by the Company, and neither Participant nor any successors, heirs,
assigns, or personal representatives of Participant shall thereafter have any
further rights or interest in the Restricted Shares or under this Agreement, and
Participant's name shall thereupon be deleted from the list of the Company's
shareholders with respect to the Restricted Shares.

          3.   Voting; Distributions. Regardless of whether the restrictions
               ---------------------
imposed by Paragraph 1 hereof have lapsed, the Participant shall have the right
to vote the Shares granted hereunder to the extent the Participant is a
shareholder of record on any applicable record date with respect to such Shares.
To the extent that the restrictions imposed by Paragraph 1 have not lapsed with
respect to Shares, distributions (other than tax distributions), whether in
cash, securities or other property, with respect to such Shares shall be held by
the Company and distributed when the restrictions lapse.

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          4.   No Right to Employment. The execution and delivery of this
               ----------------------
Agreement and the granting of Shares hereunder shall not constitute or be
evidence of any agreement or understanding, express or implied, on the part of
the Company or its affiliates to employ the Participant for any specific period
or in any particular capacity and shall not prevent the Company or its
affiliates from terminating the Participant's employment at any time with or
without cause.

          5.   Change in Control. (a) In the event that a Participant is
               -----------------
terminated without Cause within two (2) years following a Change in Control, the
Restriction Period shall lapse with respect to the Restricted Shares and the
Restricted Shares shall thereby be free of such restrictions. If the successor
entity in the Change in Control does not assume the Restricted Shares,
substitute shares of its capital stock with restrictions substantially
equivalent to those in effect for the Restricted Shares immediately prior to the
Change in Control or otherwise continue the Restricted Shares in effect
following the Change in Control, then the Restriction Period shall lapse with
respect to such Restricted Shares immediately prior to the Change in Control.

          (b)  For purposes of this Agreement "Cause" shall mean (i) the
Participant's continued failure substantially to perform the material duties of
his office (other than as a result of total or partial incapacity due to
physical or mental illness), (ii) the embezzlement or theft by the Participant
of the Company's property, (iii) the commission of any act or acts on the
Participant' s part resulting in the conviction of such Participant of a felony
under the laws of the United States or any state, (iv) the Participant's willful
malfeasance or willful misconduct in connection with the Participant's duties to
the Company or any other act or omission which is materially injurious to the
financial condition or business reputation of the Company or any of its
subsidiaries or affiliates, or (v) a material breach by the Participant of the
material terms of his employment agreement, the Management Shareholders
Agreement or any non-compete, non-solicitation or confidentiality provisions to
which the Participant is subject. However, no termination shall be deemed for
Cause under clause (i), (iv) or (v) unless the Participant is first given
written notice by the Company of the specific acts or omissions which the
Company deems constitute grounds for a termination for Cause and is provided
with at least 30 days after such notice to cure the specified deficiency.

          6.   Application of Laws.  The granting of Shares hereunder shall be
               -------------------
subject to all applicable laws, rules and regulations and to such approvals of
any governmental agencies as may be required, in particular the laws of the
Cayman Islands.

          7.   Taxes.  Any taxes required by federal, state or local laws to be
               -----
withheld by the Company shall be paid to the Company by the Participant by the
time such taxes are required to be paid or deposited by the Company.

          8.   Notices.  Any notices required to be given hereunder to the
               -------
Company shall be addressed to New SAC, Attention: General Counsel, and any
notice required to be given hereunder to the Participant shall be sent to the
Participant's address as shown on the records of the Company.

          9.   Choice of Law.  This Agreement shall be governed by, and
               -------------
construed in accordance with, the laws of the State of New York, without regard
to the conflict of laws provisions thereof.

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          IN WITNESS WHEREOF, the parties hereto have executed this Agreement.

                                      NEW SAC

                                      By _____________________
                                         Name:
                                         Title:

Agreed and acknowledged as
of the date first above written:

________________________

                                       3<PAGE>
                                                                    Exhibit 10.9
                           SEAGATE TECHNOLOGY HOLDINGS
                             2001 SHARE OPTION PLAN
           (as amended and restated effective as of January 31, 2002)

1.   Purpose of the Plan

          The purpose of the Plan is to aid the Company and its Affiliates in
recruiting and retaining key employees, directors or consultants of outstanding
ability and to motivate such employees, directors or consultants to exert their
best efforts on behalf of the Company and its Affiliates by providing incentives
through the granting of Awards. The Company expects that it will benefit from
the added interest which such key employees, directors or consultants will have
in the welfare of the Company as a result of their proprietary interest in the
Company's success.

2.   Definitions

     The following capitalized terms used in the Plan have the respective
meanings set forth in this Section:

          (a)  10% Shareholder: the owner of stock (as determined under Code
               ---------------
               Section 424(d)) possessing more than ten percent (10%) of the
               total combined voting power of all classes of stock of the
               Company (or any parent of Subsidiary).

          (b)  Act: The Securities Exchange Act of 1934, as amended, or any
               ---
               successor thereto.

          (c)  Affiliate: With respect to the Company, any entity directly or
               ---------
               indirectly controlling, controlled by, or under common control
               with, the Company or any other entity designated by the Board in
               which the Company or an Affiliate has an interest.

          (d)  Award Agreement: A written agreement signed by an authorized
               ---------------
               officer of the Company evidencing the grant of an Option.

          (e)  Beneficial Owner: A "beneficial owner", as such term is defined
               ----------------
               in Rule 13d-3 under the Act (or any successor rule thereto).

          (f)  Board: The Board of Directors of the Company.
               -----

          (g)  Change in Control: (i) the sale or disposition, in one or a
               -----------------
               series of related transactions, of all, or substantially all, of
               the assets of the Company to any Person or "group" (as such terms
               are defined in Sections 13(d)(3) or 14(d)(2) of the Act) other
               than the Investors or their Affiliates or (ii) any person or
               group, other than the Investors or their Affiliates, is or
               becomes the Beneficial Owner, directly or indirectly, of more
               than 50% of the total voting power of the voting securities of
               the Company, including by way of merger, consolidation, tender or
               exchange offer or otherwise and the representatives of the
               Investors or their Affiliates (individually or in the aggregate)
               cease to comprise a majority of the Board.

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          (h)  Closing Date: November 22, 2001, the date on which Seagate
               ------------
               Technology, Inc., Seagate Software Holdings, Inc. and Suez
               Acquisition Company Limited completed the stock purchase
               agreement and Seagate Technology, Inc. and VERITAS Software
               Corporation completed the agreement and plan of merger and
               reorganization.

          (i)  Code: The Internal Revenue Code of 1986, as amended, or any
               ----
               successor thereto.

          (j)  Committee: The Board, or any committee of the Board designated by
               ---------
               the Board to administer this Plan.

          (k)  Company: Seagate Technology Holdings, a limited company
               -------
               incorporated in the Cayman Islands.

          (l)  Effective Date: The date the Board approves the Plan.
               --------------

          (m)  Employment: The term "employment" as used herein shall be deemed
               ----------
               to refer to (i) a Participant's employment if the Participant is
               an employee of the Company or any of its Affiliates and (ii) to a
               Participant's service as a nonemployee director or consultant if
               the Participant is a nonemployee director or consultant to the
               Company or its Affiliates.

          (n)  Fair Market Value: On a given date, (i) if there should be a
               -----------------
               public market for the Shares on such date, the arithmetic mean of
               the high and low selling prices of the Shares as reported on such
               date on the Composite Tape of the principal national securities
               exchange on which such Shares are listed or admitted to trading,
               or, if no Composite Tape exists for such national securities
               exchange on such date, then on the principal national securities
               exchange on which such Shares are listed or admitted to trading,
               or, if the Shares are not listed or admitted on a national
               securities exchange, the arithmetic mean of the per Share closing
               bid price and per Share closing asked price on such date as
               quoted on the National Association of Securities Dealers
               Automated Quotation System (or such market in which such prices
               are regularly quoted), or if no sale of Shares shall have been
               reported on such Composite Tape or such national securities
               exchange on such date or quoted on the National Association of
               Securities Dealer Automated Quotation System on such date, then
               the immediately preceding date on which sales of the Shares have
               been so reported or quoted shall be used, and (ii) if there
               should not be a public market for the Shares on such date, the
               Fair Market Value shall be the fair market value per share
               established by the Board in good faith.

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          (o)  Investors: Silver Lake Partners, L.P., SAC Investments, L.P. and
               ---------
               the other investors that invested in New SAC as of the Closing
               Date (other than pursuant to the conversion of equity-based
               awards in Seagate Technology, Inc. or the purchase of New SAC
               securities pursuant to Rollover Agreements with New SAC dated
               November 13, 2000).

          (p)  ISO: An Option that is also an incentive stock option granted
               ---
               pursuant to Section 6(d) of the Plan.

          (q)  New SAC: New SAC, a limited company incorporated in the Cayman
               -------
               Islands.

          (r)  Option: A share option granted pursuant to Section 6 of the Plan.
               ------

          (s)  Option Price: The purchase price per Share of an Option, as
               ------------
               determined pursuant to Section 6(a) of the Plan.

          (t)  Participant: An employee, director or consultant of the Company
               -----------
               or its Affiliates who is selected by the Committee to participate
               in the Plan.

          (u)  Person: A "person", as such term is used for purposes of Section
               ------
               13(d) or 14(d) of the Act.

          (v)  Plan: The Seagate Technology Holdings 2001 Share Option Plan.
               ----

          (w)  Shares: Shares of common shares of the Company.
               ------

          (x)  Subsidiary: A subsidiary corporation, as defined in Section
               ----------
               424(f) of the Code (or any successor section thereto).

3.   Shares Subject to the Plan

          The total number of Shares which may be issued under the Plan is
100,000,000. The Shares may consist, in whole or in part, of unissued Shares or
treasury Shares. The issuance of Shares or the payment of cash upon the exercise
of an Option shall reduce the total number of Shares available under the Plan,
as applicable. Shares which are subject to Options which terminate or lapse
without consideration may be granted again under the Plan. In addition, unvested
Shares repurchased by the Company, pursuant to the repurchase right under
Section 6(b) of the Plan, upon the Participant's termination of Employment shall
be added back to the number of Shares available for issuance under the Plan.

4.   Administration

          The Plan shall be administered by the Committee, which may delegate
its duties and powers in whole or in part to any subcommittee thereof consisting
solely of at least two

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individuals who, during any period when the Company and this Plan are subject to
the provisions of Section 162(m) of the Code and Section 16 of the Act, are
intended to qualify as "nonemployee directors" within the meaning of Rule 16b-3
under the Act (or any successor rule thereto) and "outside directors" within the
meaning of Section 162(m) of the Code (or any successor section thereto).
Options may, in the discretion of the Committee, be granted under the Plan in
substitution for outstanding options previously granted by the Company or its
affiliates or a company acquired by the Company or with which the Company
combines. The number of Shares underlying such substitute options shall be
counted against the aggregate number of Shares available for Options under the
Plan. The Committee is authorized to interpret the Plan, to establish, amend and
rescind any rules and regulations relating to the Plan, and to make any other
determinations that it deems necessary or desirable for the administration of
the Plan. The Committee may correct any defect or supply any omission or
reconcile any inconsistency in the Plan in the manner and to the extent the
Committee deems necessary or desirable. Any decision of the Committee in the
interpretation and administration of the Plan, as described herein, shall lie
within its sole and absolute discretion and shall be final, conclusive and
binding on all parties concerned (including, but not limited to, Participants
and their beneficiaries or successors). The Committee shall have the full power
and authority to establish the terms and conditions of any Option consistent
with the provisions of the Plan and to waive any such terms and conditions at
any time (including, without limitation, accelerating or waiving any vesting
conditions). The Committee shall require payment of any amount it may determine
to be necessary to withhold for federal, state, local or other taxes as a result
of the exercise of an Option. If the Committee specifically provides in a
Participant's Award Agreement, the Participant may elect to pay a portion or all
of such withholding taxes, but in no event greater than the Company's minimum
statutory rate (based on both the federal and state rates) by (a) delivery in
Shares or (b) having Shares withheld by the Company from any Shares that would
have otherwise been received by the Participant.

5.   Limitations

          No Option may be granted under the Plan after the tenth anniversary of
the Effective Date, but Options theretofore granted may extend beyond that date.

6.   Terms and Conditions of Options

          Options granted under the Plan shall be, as determined by the
Committee, non-qualified or incentive stock options for federal income tax
purposes, as evidenced by the related Award Agreements, and shall be subject to
the foregoing and the following terms and conditions and to such other terms and
conditions, not inconsistent therewith, as the Committee shall determine:

          (a)  Option Price. The Option Price per Share shall be determined by
               ------------
               the Committee at the time of grant and shall be set forth in an
               Award Agreement; provided, however, that the exercise price per
                                --------  -------
               share shall not be less than eighty-five percent (85%) of the
               Fair Market Value per Share on the date of grant; provided,
                                                                 --------
               further, that if the Participant is a 10%
               -------

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               Shareholder, then the Option Price per share shall not be less
               than one hundred ten percent (110%) of the Fair Market Value per
               Share on the date of grant.

          (b)  Exercisability. Options granted under the Plan shall be
               --------------
               exercisable at such time and upon such terms and conditions as
               may be determined by the Committee. The Committee shall have the
               discretion to grant Options which are immediately exercisable for
               unvested Shares, and any unvested Shares purchased under those
               Options shall be subject to repurchase by the Company should the
               Participant cease employment prior to vesting in those Shares. In
               the discretion of the Committee, the repurchase price shall equal
               either (i) the Option Price paid per Share or (ii) the lower of
               the Fair Market Value per Share or the Option Price paid per
               Share. The terms upon which such repurchase right shall be
               exercisable (including the period and procedure for exercise and
               the appropriate vesting schedule for the purchased Shares) shall
               be established by the Committee and set forth in the document
               evidencing such repurchase right. In no event, however, shall the
               Committee impose a vesting schedule that is more restrictive than
               twenty percent (20%) per year, with the initial vesting to occur
               not later than one (1) year after the date of grant; provided,
               further, that such limitation shall not be applicable to any
               Participants who are officers of the Company or an Affiliate,
               nonemployee directors or consultants. Notwithstanding the
               foregoing, in no event shall an Option be exercisable more than
               ten years after the date it is granted.

          (c)  Exercise of Options. Except as otherwise provided in the Plan or
               -------------------
               in an Award Agreement, an Option may be exercised for all, or
               from time to time any part, of the Shares for which it is then
               exercisable. For purposes of Section 6 of the Plan, the exercise
               date of an Option shall be the later of the date a notice of
               exercise is received by the Company and, if applicable, the date
               payment is received by the Company pursuant to clauses (i), (ii)
               or (iii) in the following sentence. The purchase price for the
               Shares as to which an Option is exercised shall be paid to the
               Company in full at the time of exercise at the election of the
               Participant (i) in cash or its equivalent (e.g., by check) or
               (ii) if there should be a public market for the Shares at such
               time, (A) in Shares having a Fair Market Value equal to the
               aggregate Option Price for the Shares being purchased and
               satisfying such other requirements as may be imposed by the
               Committee; provided, that such Shares have been held by the
                          --------
               Participant for no less than six months (or such other period as
               established from time to time by the Committee or generally
               accepted accounting principles), (B) partly in cash and partly in
               such Shares or (C) subject to such rules as may be established by
               the Committee, through the delivery of irrevocable instruments to
               a broker to sell all or a portion of such Shares and deliver
               promptly to the Company an amount equal to the aggregate Option
               Price for the Shares being

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               purchased. No Participant shall have any rights to dividends or
               other rights of a shareholder with respect to Shares subject to
               an Option until the Participant has given written notice of
               exercise of the Option, paid in full for such Shares and, if
               applicable, has satisfied any other conditions imposed by the
               Committee pursuant to the Plan.

          (d)  ISOs. The Committee may grant Options under the Plan that are
               ----
               intended to be ISOs. Such ISOs shall comply with the requirements
               of Section 422 of the Code (or any successor section thereto). No
               ISO may be granted to any Participant who at the time of such
               grant, owns more than ten percent of the total combined voting
               power of all classes of stock of the Company or of any Subsidiary
               within the meaning of Section 422(b)(6) of the Code (or any
               successor section thereto), unless (i) the Option Price for such
               ISO is at least 110% of the Fair Market Value of a Share on the
               date the ISO is granted and (ii) the date on which such ISO
               terminates is a date not later than the day preceding the fifth
               anniversary of the date on which the ISO is granted. Any
               Participant who disposes of Shares acquired upon the exercise of
               an ISO either (i) within two years after the date of grant of
               such ISO or (ii) within one year after the transfer of such
               Shares to the Participant, shall notify the Company of such
               disposition and of the amount realized upon such disposition.

          (e)  Attestation. Wherever in this Plan or any Award Agreement a
               -----------
               Participant is permitted to pay the exercise price of an Option
               or taxes relating to the exercise of an Option by delivering
               Shares, the Participant may, subject to procedures satisfactory
               to the Committee, satisfy such delivery requirement by presenting
               proof of beneficial ownership of such Shares, in which case the
               Company shall treat the Option as exercised without further
               payment and shall withhold such number of Shares from the Shares
               acquired by the exercise of the Option.

7.   Adjustments Upon Certain Events

          Notwithstanding any other provisions in the Plan to the contrary, the
following provisions shall apply to all Options granted under the Plan:

          (a)  Generally. In the event of any change in the outstanding Shares
               ---------
               after the Effective Date by reason of any Share dividend or
               split, reorganization, recapitalization, merger, consolidation,
               spin-off, combination, or other transaction or exchange of Shares
               or other exchange or similar or other transaction affecting the
               value of the Shares including, without limitation, the repayment
               of Company indebtedness by an Affiliate or shareholder, or any
               distribution to shareholders of Shares or the shares of any
               Subsidiary of the Company in a spin-off or spinout transaction,
               the distribution of proceeds from the sale or other disposition
               of a Subsidiary of the

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               Company to the Company's shareholders or any transaction similar
               to the foregoing other than regular cash dividends, the Committee
               shall, without liability to any person, make such substitution or
               adjustment it deems to be equitable, as to (i) the number or kind
               of Shares or other securities or other property issued or
               reserved for issuance pursuant to the Plan or pursuant to
               outstanding Options, (ii) the Option Price and/or (iii) any other
               affected terms of such Options; provided the aggregate Option
               Price shall not be increased. In the event of the liquidation or
               dissolution of the Company, all Options which have not been
               previously exercised shall terminate.

          (b)  Change in Control. Except as otherwise provided in an Award
               -----------------
               Agreement, in the event of a Change in Control, the Committee in
               its sole discretion and without liability to any person may take
               such actions, if any, as it deems necessary or desirable with
               respect to any Option (including, without limitation, (i) the
               acceleration of the vesting of an Option, (ii) the payment of a
               cash amount in exchange for the cancellation of an Option equal
               to the product of (x) the excess, if any, of the Fair Market
               Value per Share at such time over the Option Price times (y) the
                                                                  -----
               number of Shares then subject to such Option (a "Cash-Out")
               and/or (iii) the requiring of the assumption of the outstanding
               Options by the successor entity or the issuance of substitute
               Options or other equity based awards that will substantially
               preserve the value, rights and benefits of any outstanding
               Options in effect prior to the consummation of the Change in
               Control as determined by the Committee; provided, however, that
                                                       --------  -------
               if the Option is not assumed, substituted, Cashed-Out or
               otherwise continued following the Change in Control, the Option
               shall become immediately vested and exercisable immediately prior
               to the Change in Control and shall terminate if not exercised
               upon or prior to the Change in Control.

8.   No Right to Employment or Awards

          The granting of an Option under the Plan shall impose no obligation on
the Company or any Affiliate to continue the employment of a Participant and
shall not lessen or affect the Company's or its Affiliate's right to terminate
the employment of such Participant. No Participant or other Person shall have
any claim to be granted any Option, and there is no obligation for uniformity of
treatment of Participants, or holders or beneficiaries of Options. The terms and
conditions of Options and the Committee's determinations and interpretations
with respect thereto need not be the same with respect to each Participant
(whether or not such Participants are similarly situated).

9.   Successors and Assigns

          The Plan shall be binding on all successors and assigns of the Company
and a Participant, including without limitation, the estate of such Participant
and the executor,

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administrator or trustee of such estate, or any receiver or trustee in
bankruptcy or representative of the Participant's creditors.

10.  Nontransferability of Options

          Unless otherwise determined by the Committee, an Option shall not be
transferable or assignable by the Participant otherwise than by will or by the
laws of descent and distribution. An Option exercisable after the death of a
Participant may be exercised by the legatees, personal representatives or
distributees of the Participant. Notwithstanding the foregoing, the Participant
may, by delivering written notice to the Company, in a form satisfactory to the
Company, designate a third party who in the event of the death of the
Participant shall thereafter be entitled to exercise the Option.

11.  Loans

          The Committee may, in its sole discretion, permit a Participant to pay
the Option Price for any Shares purchased under the Plan by delivering a
full-recourse promissory note payable in one or more installments and secured by
the purchased Shares. The promissory note shall bear interest at the market rate
on the date of exercise. In no event, however, may the maximum credit available
to the Participant exceed the sum of (i) the aggregate Option Price payable for
the purchased Shares (less the par value of those Shares) plus (ii) any Federal,
state and local income and employment tax liability or other tax liability
incurred by the Participant in connection with the Share purchase.

12.  Amendments or Termination

          The Board may amend, alter or discontinue the Plan, but no amendment,
alteration or discontinuation shall be made which, (a) without the approval of
the shareholders of the Company, would (except as is provided in Section 7 of
the Plan), increase the total number of Shares reserved for the purposes of the
Plan or change the maximum number of Shares for which Options may be granted to
any Participant or (b) without the consent of a Participant, would diminish any
of the rights of the Participant under any Option theretofore granted to such
Participant under the Plan; provided, however, that the Committee may amend the
                            --------  -------
Plan in such manner as it deems necessary to permit the granting of Options
meeting the requirements of the Code or other applicable laws.

13.  Choice of Law

          The Plan shall be governed by and construed in accordance with the
laws of the State of New York without regard to conflicts of laws.

14.  Effectiveness of the Plan

          The Plan shall be effective as of the Effective Date.

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