SEC Contract Filing

Filing Date: 2017-02-15

Document Content:
<DOCUMENT>
<TYPE>EX-10.4
<SEQUENCE>5
<FILENAME>q117exhibit104.htm
<DESCRIPTION>EXHIBIT 10.4
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd">
<html>
	<head>
 <!-- Document created using Wdesk 1 -->
 <!-- Copyright 2017 Workiva -->
 <title>Exhibit</title>
	</head>
	<body style="font-family:Times New Roman;font-size:10pt;">
<div><a name="s6549B6746A0D2A68222119F271D32DC0"></a></div><div><div style="line-height:138%;padding-bottom:13px;text-align:right;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:138%;padding-bottom:13px;text-align:right;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Exhibit 10.4</font></div></div><div><br></div><div style="line-height:120%;padding-top:4px;text-align:center;padding-left:201px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;padding-top:4px;text-align:center;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">AMENDED AND RESTATED 2006 STOCK INCENTIVE PLAN <br>NON-QUALIFIED STOCK OPTION AGREEMENT</font></div><div style="line-height:119%;padding-top:4px;text-align:center;padding-left:201px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Private &amp; Confidential (Addressee Only)</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">{EMPNAME}</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">We are pleased to advise you (the &#8220;Optionee&#8221;) that you have been granted an option to purchase that number of shares of Analog Devices, Inc. Common Stock set forth below (the &#8220;Option&#8221;) subject to the terms and conditions of the Analog Devices, Inc. Amended and Restated 2006 Stock Incentive Plan (the &#8220;Plan&#8221;) and this Non-Qualified Stock Option Agreement (the &#8220;Agreement&#8221;). The grant of this Option reflects Analog&#8217;s confidence in your commitment and contributions to the success and continued growth of Analog Devices, Inc., a Massachusetts corporation (the &#8220;Company&#8221;).</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">All terms not defined herein shall have the meanings assigned to such terms in the Plan.</font></div><table cellpadding="0" cellspacing="0" style="padding-bottom:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:11pt;padding-left:0px;"><font style="font-family:inherit;font-size:11pt;">1.</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Grant of Option</font><font style="font-family:inherit;font-size:11pt;">: This Agreement confirms that, subject to the terms and conditions of the Plan, the Company has granted to the Optionee, effective on the Date of Grant set forth below, an option to purchase shares of the Company&#8217;s Common Stock (the &#8220;Option Shares&#8221;) as follows:</font></div></td></tr></table><div style="line-height:120%;padding-bottom:13px;text-align:left;padding-left:96px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Date of Grant:&#160;&#160;&#160;&#160;{GRANTDATE} <br>Number of Option Shares Granted:&#160;&#160;&#160;&#160;{SOSHARESGRANTED} <br>Option Exercise Price Per Share:&#160;&#160;&#160;&#160;{EXERCISEPRICE}</font></div><table cellpadding="0" cellspacing="0" style="padding-bottom:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:11pt;padding-left:0px;"><font style="font-family:inherit;font-size:11pt;">2.</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Vesting and Exercise of Option</font><font style="font-family:inherit;font-size:11pt;">: The Option vests and becomes exercisable in full on the earlier of {GRANTDATE+1} or the date of the Company&#8217;s next annual meeting of shareholders, subject to your continued status as a member of the Board of Directors of the Company (a &#8220;Director&#8221;).</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:11pt;padding-left:0px;"><font style="font-family:inherit;font-size:11pt;">3.</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Term of Option; Termination of Service</font><font style="font-family:inherit;font-size:11pt;">:</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:11pt;padding-left:24px;"><font style="font-family:inherit;font-size:11pt;">(a)</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Except as otherwise provide