NVIDIA 2010 Annual Report Download - page 150

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(c) Except as otherwise expressly provided in the Plan (including Section 5(g) of the Plan), if your Continuous Service
terminates for any reason or for no reason, this Option shall be exercisable only to the extent vested on such termination date, and
shall terminate to the extent not exercised on the earlier of the Expiration Date (as defined below) or the date that is ninety (90) days
following the date of termination. However, if your termination of Continuous Service is due to your Disability, this Option shall
terminate to the extent not exercised on the earlier of the Expiration Date or the date that is twelve (12) months following the date of
termination. However, if such termination of Continuous Service is due to your death, or if you die within the period in which this
Option would otherwise be exercisable following your termination date, this Option shall terminate to the extent not exercised on the
earlier of the Expiration Date or the date that is eighteen (18) months following the date of your death.
(d) To the extent that this Option is otherwise intended to be treated as an incentive stock option, note that to obtain the federal
income tax advantages associated with an incentive stock option, the Code requires that at all times beginning on the date of grant of
your Option and ending on the date that is three (3) months before the date of your Option’s exercise, you must be an employee of the
Company or an affiliate, except in the event of your death or Disability. To the extent that the Company has provided for extended
exercisability of your Option under certain circumstances for your benefit, the Company cannot guarantee that your Option will
necessarily be treated as an incentive stock option if you continue to provide services to the Company or an affiliate after your
employment terminates or if you otherwise exercise your Option more than three (3) months after the date your employment with the
Company or an affiliate terminates.
4. (a) You may exercise this Option, to the extent specified above, by delivering a notice of exercise (in a form designated
by the Company) together with the exercise price to the Secretary of the Company, or to such other person as the Company may
designate, during regular business hours, together with such additional documents as the Company may then require pursuant to the
Plan. You may exercise this Option only for whole shares.
(b) You may elect to pay the exercise price under one of the following alternatives:
(i) Payment in cash or check at the time of exercise;
(ii) Payment pursuant to a program developed under Regulation T as promulgated by the Federal
Reserve Board that, prior to the issuance of Common Stock subject to this Option, results in either the receipt of cash (or check) by the
Company or the receipt of irrevocable instructions issued by you to pay the aggregate exercise price to the Company from the sales
proceeds;
(iii) Provided that at the time of exercise the Company's Common Stock is publicly traded and
quoted regularly in the Wall Street Journal , payment by delivery of already-owned shares of Common Stock, held for the period
required at the time of exercise by the Company, and owned free and clear of any liens, claims, encumbrances or security interests,
which Common Stock shall be valued at its Fair Market Value on the date of exercise; or
(iv) Payment by a combination of the methods of payment specified in subparagraphs (i) through (iii)
above.
Source: NVIDIA CORP, 10-K, March 18, 2010 Powered by Morningstar® Document Research