SEC Contract Filing

Filing Date: 2025-01-21

Document Content:
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<TYPE>EX-10.1
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<FILENAME>tm253757d1_ex10-1.htm
<DESCRIPTION>EXHIBIT 10.1
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Exhibit&nbsp;10.1</B></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>MICRON TECHNOLOGY,&nbsp;INC.</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>2025 EQUITY INCENTIVE PLAN</B></P>

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<TD STYLE="width: 0.5in">1.</TD><TD><B>Purposes of the Plan</B>. The purposes of this Plan are:</TD></TR></TABLE>

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<TD STYLE="width: 0.7in"></TD><TD STYLE="width: 0.3in"><FONT STYLE="font-family: Times New Roman, Times, Serif"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font-family: Symbol"></FONT></FONT></TD><TD STYLE="text-align: justify">to attract and retain the best available personnel for positions of substantial responsibility,</TD></TR></TABLE>

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<TD STYLE="width: 0.7in"></TD><TD STYLE="width: 0.3in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">to provide additional incentive to Employees, Directors and Consultants, and</TD></TR></TABLE>

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<TD STYLE="width: 0.7in"></TD><TD STYLE="width: 0.3in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">to promote the success of the Company&rsquo;s business.</TD></TR></TABLE>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The Plan permits the grant of Incentive
Stock Options, Nonstatutory Stock Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Other Stock-Based Awards
and Performance Awards.</P>

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<TD STYLE="width: 0.5in">2.</TD><TD><B>Definitions</B>. As used herein, the following definitions will apply:</TD></TR></TABLE>

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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">2.1.</TD><TD STYLE="text-align: justify">&ldquo;<B>Administrator</B>&rdquo; means the Board or any of its Committees as will be administering the
Plan, in accordance with Section&nbsp;4 of the Plan.</TD></TR></TABLE>

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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">2.2.</TD><TD STYLE="text-align: justify">&ldquo;<B>Affiliate</B>&rdquo; means any Subsidiary or Parent of the Company, or an entity that directly
or through one or more intermediaries controls, is controlled by, or is under common control with, the Company, as determined by the Administrator.
The Administrator will consider Section&nbsp;409A and the rules&nbsp;for Incentive Stock Options, to the extent applicable, when granting
and administering Awards to Service Providers of Affiliates that are not the Company or a Subsidiary or Parent of the Company.</TD></TR></TABLE>

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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">2.3.</TD><TD STYLE="text-align: justify">&ldquo;<B>Applicable Laws</B>&rdquo; means the legal and regulatory requirements relating to the administration
of equity-based awards, including but not limited to the related issuance of shares of Common Stock, including but not limited to, under
U.S. federal and state corporate laws, U.S. federal and state securities laws, the Code, any stock exchange or quotation system on which
the Common Stock is listed or quoted and the applicable laws of any non-U.S. country or jurisdiction where Awards are, or will be, granted
under the Plan.</TD></TR></TABLE>

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