8x8 2009 Annual Report Download - page 103

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11. Change in Control
In the event of a Change in Control, the Acquiror may, without the consent of Participant,
either assume or continue the Company’ s rights and obligations under the Stock Purchase Right or
substitute for the Stock Purchase Right a substantially equivalent purchase right for Acquiror’ s stock.
If the Stock Purchase Right is neither assumed, continued or substituted by the Acquiror in
connection with the Change in Control, the Stock Purchase Right shall terminate and cease to be
outstanding effective as of the date of the Change in Control. Notwithstanding the foregoing, any
and all shares of Common Stock acquired by Participant upon the vesting of Shares subject to the
Stock Purchase Right prior to the Change in Control shall continue to be subject to all applicable
provisions of this Agreement.
12. Miscellaneous
(a) Notice under this Agreement shall be given to the Company at its principal
place of business, and shall be given to Participant at the address set forth below, or in either case at
such other address as one party may subsequently furnish to the other party in writing.
(b) The Committee may amend the terms of this Agreement, prospectively or
retroactively, provided that the Agreement as amended is consistent with the terms of the Plan, but
no such amendment shall impair Participant’ s rights under this Agreement without Participant’ s
consent.
(c) This Agreement shall be construed and enforced in accordance with the laws
of Delaware, without regard to the conflicts of laws principles thereof.
(d) This Agreement shall be binding upon and inure to the benefit of any
successor or assign of the Company and any executor, administrator, trustee, guardian or other legal
representative of Participant.
(e) This Agreement may be executed in counterparts. This Agreement and the
Plan together constitute the entire agreement between the parties relative to the subject matter of this
Agreement, and supersede all communications, whether written or oral, relating to the subject matter
of this Agreement.
[Signature page follows]
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