EMC 2007 Annual Report Download - page 143

3. Application of Stock Transfer Agreement
If, at the time the Option is exercised, the Company is a party to any agreement restricting the transfer of any outstanding shares of its Common Stock,
the Option may be exercised only if the Shares acquired upon such exercise are made subject to the transfer restrictions set forth in that agreement or, if more
than one such agreement is then in effect, the agreement specified by the Committee.
4. Tax Assessments
Participant acknowledges and agrees that he or she is solely responsible for any and all taxes that may be assessed by any taxing authority in the United
States or any other jurisdiction arising out of the grant or the exercise of the Option and that the Company or any Company subsidiary is not liable for any
such assessments.
5. Retirement
Section 6.6.3 of the Plan (Termination of a Participant's Service Relationship by Reason of Retirement) shall only apply if the Participant has attained at
least two and a half years of continuous service from the Grant Date.
6. Agreement to Provide Security
If, at the time the Option is exercised, the Committee determines that under applicable law and regulations the Company or any Company subsidiary
could be liable for the withholding of any income or social taxes with respect to any Shares acquired upon exercise or disposition of the Option, the Option
may not be exercised unless the person exercising the Option gives such security as the Committee deems adequate to meet the potential liability of the
Company or such Company subsidiary for the withholding of tax and agrees to augment such security from time to time in an amount reasonably determined
by the Committee to preserve the adequacy of such security.
7. Non-transferability of Option
The Option is not transferable by the Participant except by will or the laws of descent and distribution, and is exercisable during the Participant's lifetime
only by the Participant, in accordance with the terms and provisions of the Plan.
8. Provisions of the Plan
This Stock Option Agreement and the Option are subject to the provisions of the Plan, a copy of which is furnished to the Participant herewith.
Acceptance, Acknowledgment and Receipt
By accepting this Stock Option Agreement, I, the Participant, hereby:
accept and acknowledge receipt of the Option granted on the Grant Date, which has been issued to me under the terms and conditions of the Plan;
acknowledge and confirm my consent to the collection, use and transfer, in electronic or other form, of personal information about me, including,
without limitation, my name, home address and telephone number, date of birth, social security number or other identification number, and
details of all my stock awards and shares held and transactions related thereto, by the Company and its subsidiaries, affiliates and agents for the
purpose of implementing, administrating and managing my participation in the Company's stock plans, and further understand and agree that my
personal information may be transferred to third parties assisting in the implementation, administration and management of the Company's stock
plans, that any recipient may be located
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