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Micron Technology, Inc.
8000 S. Federal Way
Mail Stop 557
Boise, ID 83716-9632
Amended and Restated 2004 Equity Incentive Plan (“2004 Equity Incentive Plan”)
Notice of Grant of Stock Options and Option Agreement and Terms and Conditions
Name:
Employee ID:
Effective MMDDYYYY (Grant Date), you have been granted a Nonqualified Stock Option to purchase ##,### shares of Micron
Technology, Inc. (the Company) Common Stock at $##.##(USD) per share.
This Option Grant is subject to the following:
1. The terms and conditions of the 2004 Equity Incentive Plan - Stock Option Agreement and
2. The terms and conditions of the 2004 Equity Incentive Plan.
Please review the Option Agreement and the 2004 Equity Incentive Plan carefully, as they contain the terms and conditions
which govern your option. In addition, a Prospectus summarizing the Plan and the Insider Trading Calendar and Policy are
available for your review.
Subject to your continued employment, this Option may be exercised in whole or in part, in accordance with the following
schedule:
Shares Vesting Date Expiration Date
% MM/DD/YYYY MM/DD/YYYY
% MM/DD/YYYY MM/DD/YYYY
% MM/DD/YYYY MM/DD/ YYYY
% MM/DD/YYYY MM/DD/YYYY
Termination Period
This Option may be exercised for thirty (30) days after termination of the Optionee's employment or consulting relationship
with the Company. Upon the death or Disability of the Optionee, this Option may be exercised for such longer period as provided
in the Plan. If Optionee or his or her beneficiary exercises the Option after termination of service, the Options may be exercised
only with respect to the shares that were otherwise vested on the date of Optionee’s termination of service. In no event shall
this Option be exercised later than the Expiration Date as provided in the Option Agreement.
Acknowledgement
Optionee hereby acknowledges that he/she has reviewed (i) the terms and conditions of this Option Agreement and (ii) 2004
Equity Incentive Plan and is familiar with the provisions thereof. Optionee acknowledges that a Prospectus relating to the Plan
was made available for review. Optionee hereby accepts this Option subject to all the terms and provisions of the 2004 Equity
Incentive Plan and this Option Agreement.
Optionee acknowledges that the grant and acceptance of this Option do not constitute an employment agreement and do not
assure continuous employment with Micron Technology, Inc., its affiliated companies, or subsidiaries.
Optionee authorizes Micron Technology, Inc. to release his/her Social Security Number or Global ID and address information
to the Company's Broker who has agreed to provide brokerage service for stock plan participants for the purposes of opening
an account under his/her name.
MICRON TECHNOLOGY, INC.
a Delaware Corporation
Signature: ___________________________________ /s/ Patrick T. Otte
Patrick T. Otte
Date: _______________________________________ Vice President, Human Resources
Date: MM/DD/YYYY