8x8 2009 Annual Report Download - page 100

Download and view the complete annual report

Please find page 100 of the 2009 8x8 annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 161

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161

[FORM OF]
NOTICE OF AWARD OF STOCK PURCHASE RIGHT
AND
STOCK PURCHASE AGREEMENT
UNDER THE 8X8, INC. 2006 STOCK PLAN
Name of Participant: ______________________________________________
Award Date: ____________________________________________________
Number of Shares: _______________________________________________
1. Grant of Stock Purchase Right
8x8, Inc., a Delaware corporation (the “Company”), hereby grants to Participant a Stock
Purchase Right (as defined in Section 2.1 of the Company’ s 2006 Stock Plan (the “Plan”)) covering
the number of shares of the Company’ s common stock, par value $0.001 per share (the “Common
Stock”) set forth above (the “Shares”), subject to the terms and conditions of this Agreement (the
“Agreement”) and the Plan. Unless otherwise defined herein, the terms defined in the Plan shall
have the same defined meanings in this Agreement.
2. Vesting
No portion of the Shares subject to the Stock Purchase Right will be issued to Participant
until such portion has vested.
Alternative 1: Except as otherwise provided in this Agreement or under the Plan, the
Shares shall vest and become exercisable with respect to one-fourth of the Shares on the first
anniversary of the Award Date (set forth above) and as to [one thirty-sixth of the remaining
Shares subject to the Stock Purchase Right at the end of each successive month thereafter] or
[one-fourth of the remaining Shares subject to the Stock Purchase Right on each successive
anniversary of the Award Date thereafter] until all of the Shares subject to the Stock Purchase
Right have vested, subject to Participant’ s continuing status as an Employee.
Alternative 2: Except as otherwise provided in this Agreement or under the Plan, the
Shares shall vest and become exercisable contingent upon successfully achieving the
[_________] performance goal of [_________], subject to Participant’ s continuing status as
an Employee. There is a minimum threshold set at [__]% of [_________]. No Shares will
vest below the [__]% attainment level. For performance at and above [__]%, the number of
Shares that vest will be based on a graduated slope, to be capped at [__]% attainment as per
Schedule 1.