EMC 2010 Annual Report Download - page 157

(r) "Incentive Stock Option" means an Option intended to qualify as an incentive stock option within the meaning of Section 422 of the Code,
as designated in the applicable Option Agreement.
(s) "Involuntary Termination" means termination of a Participant's Continuous Service Status under the following circumstances:
(i) termination without Cause by the Company or a Subsidiary, Parent, Affiliate or successor thereto, as appropriate; or (ii) voluntary termination by the
Participant within 30 days following (A) a material reduction in the Participant's job responsibilities, provided that neither a mere change in title alone
nor reassignment following a Change of Control to a position that is substantially similar to the position held prior to the Change of Control shall
constitute a material reduction in job responsibilities; (B) relocation by the Company or a Subsidiary, Parent, Affiliate or successor thereto, as
appropriate, of the Participant's work site to a facility or location more than 40 miles from the Participant's principal work site for the Company at the
time of the Change of Control; or (C) a reduction in Participant's then-current base salary by at least 10%, provided that an across-the-board reduction
in the salary level of all other employees or consultants in positions similar to the Participant's by the same percentage amount as part of a general
salary level reduction shall not constitute such a salary reduction.
(t) "Listed Security" means any security of the Company that is listed or approved for listing on a national securities exchange or designated or
approved for designation as a national market system security on an interdealer quotation system by the National Association of Securities Dealers, Inc.
(u) "Named Executive" means any individual who, on the last day of the Company's fiscal year, is the chief executive officer of the Company
(or is acting in such capacity) or among the four most highly compensated officers of the Company (other than the chief executive officer). Such officer
status shall be determined pursuant to the executive compensation disclosure rules under the Exchange Act.
(v) "Nonstatutory Stock Option" means an Option not intended to qualify as an Incentive Stock Option, as designated in the applicable Option
Agreement.
(w) "Option" means a stock option granted pursuant to the Plan.
(x) "Option Agreement" means a written document, the form(s) of which shall be approved from time to time by the Administrator, reflecting
the terms of an Option granted under the Plan and includes any documents attached to or incorporated into such Option Agreement, including, but not
limited to, a notice of stock option grant and a form of exercise notice.
(y) "Option Exchange Program" means a program approved by the Administrator whereby outstanding Options are exchanged for Options
with a lower exercise price or are amended to decrease the exercise price as a result of a decline in the Fair Market Value of the Common Stock.
(z) "Optioned Stock" means the Common Stock subject to an Option.
(aa) "Optionee" means an Employee or Consultant who receives an Option.
(bb) "Parent" means a "parent corporation,", whether now or hereafter existing, as defined in Section 424(e) of the Code, or any successor
provision.
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