EMC 2009 Annual Report Download - page 131

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Exhibit 10.15
EMC CORPORATION
AMENDED AND RESTATED 1989 EMPLOYEE STOCK PURCHASE PLAN,
as amended and restated as of August 5, 2009
Section 1. Purpose of Plan
The EMC Corporation Amended and Restated 1989 Employee Stock Purchase Plan (the "Plan") is intended to provide a method by which eligible
employees of EMC Corporation and its subsidiaries (collectively, the "Company") may use voluntary, systematic payroll deductions to purchase the
Company's common stock, $.01 par value, ("stock") and thereby acquire an interest in the future of the Company. For purposes of the Plan, a subsidiary is any
corporation in which the Company owns, directly or indirectly, stock possessing 50% or more of the total combined voting power of all classes of stock unless
the Board of Directors of the Company (the "Board of Directors") determines that employees of a particular subsidiary shall not be eligible.
Section 2. Options to Purchase Stock
Under the Plan as now amended, no more than 153,000,000 shares are available for purchase (subject to adjustment as provided in Section 16) pursuant
to the exercise of options ("options") granted under the Plan to employees of the Company ("employees"). The stock to be delivered upon exercise of options
under the Plan may be either shares of the Company's authorized but unissued stock, or shares of reacquired stock, as the Board of Directors shall determine.
Section 3. Eligible Employees
Except as otherwise provided in Section 20, each employee who has completed three months or more of continuous service in the employ of the
Company shall be eligible to participate in the Plan.
Section 4. Method of Participation
The periods January 1 to June 30 and July 1 to December 31 of each year shall be option periods. Each person who will be an eligible employee on the
first day of any option period may elect to participate in the Plan by executing and delivering, at least one business day prior to such day, a payroll deduction
authorization in accordance with Section 5. Such employee shall thereby become a participant ("participant") on the first day of such option period and shall
remain a participant until his or her participation is terminated as provided in the Plan. Notwithstanding anything in the Plan to the contrary, if the Company
acquires a subsidiary after the commencement of an option period, the Board may permit the eligible employees of such subsidiary to participate in the