Symantec 2002 Annual Report Download - page 63

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shares subject to the option vest monthly as to 1/12 of the shares beginning in April 2003 and the option has a
term life of ten years. In addition, in April 1999, we entered into a restricted stock purchase agreement with
Mr. Thompson pursuant to which he purchased 200,000 shares of common stock for an aggregate purchase
price of $1,000. These shares were granted subject to a company right of repurchase which lapsed as to 50% of
the shares in April 2000 and as to the remaining shares in April 2001.
1994 Patent Incentive Plan
The purpose of this plan is to increase awareness of the importance of patents to our business and to
provide employees with incentives to pursue patent protection for new technologies that may be valuable to us.
Number of Shares Subject to the Plan.
A total of 800,000 shares of common stock are authorized and reserved for issuance under this plan. As of
March 31, 2002, a total of approximately 58,000 shares had been issued under this plan. The plan only
provides for the issuance of shares of common stock, not stock options.
Eligibility for Participation.
All employees other than executive oÇcers and directors are eligible to receive awards under the plan. No
employee is eligible to receive more than 100,000 shares of common stock at any time during the term of the
plan.
Terms of Stock Awards.
Stock awards may be paid in the form of cash, shares or a combination of the two, based on the fair
market value of the shares on the date of payment. The 1994 plan does not provide for the issuance of awards
in connection with acquisitions of other companies by us.
Term and Amendment of the Plan.
The term of the plan is ten years, commencing on the date the plan was adopted in January 1995, and
ending in January 2005. The plan may be amended or terminated without stockholder approval.
Item 13. Certain Relationships and Related Transactions
Information with respect to this Item may be found in the section captioned ""Certain Transactions''
appearing in the deÑnitive Proxy Statement to be delivered to stockholders in connection with the Annual
Meeting of Stockholders to be held on September 12, 2002. Such information is incorporated herein by
reference.
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