SanDisk 2005 Annual Report Download - page 69

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B. No shares of Common Stock or other assets shall be issued or delivered under the Plan unless and
until there shall have been compliance with all applicable requirements of applicable securities laws, including
the filing and effectiveness of the Form S-8 registration statement for the shares of Common Stock issuable
under the Plan, and all applicable listing requirements of any Stock Exchange (or the Nasdaq National
Market, if applicable) on which Common Stock is then listed for trading.
VII. NO EMPLOYMENT/SERVICE RIGHTS
Nothing in the Plan shall confer upon the Optionee or the Participant any right to continue in Service for
any period of specific duration or interfere with or otherwise restrict in any way the rights of the Corporation
(or any Parent or Subsidiary employing or retaining such person) or of the Optionee or the Participant, which
rights are hereby expressly reserved by each, to terminate such person's Service at any time for any reason,
with or without cause.
A-20