Seagate 2007 Annual Report Download - page 158

2.31. “Plan” means this 2004 Stock Compensation Plan of Seagate Technology.
2.32. “Qualifying Performance Criteria” means any one or more of the following performance criteria, or derivations of such performance
criteria, either individually, alternatively or in any combination, applied to either the Company as a whole or to a business unit or subsidiary, and
measured either annually or cumulatively over a period of years, on an absolute basis or relative to a pre-established target, to previous years’
results or to a designated comparison group, in each case as specified by the Committee: (a) pre- and after-tax income; (b) net income (before or
after taxes); (c) operating income; (d) net earnings; (e) net operating income (before or after taxes); (f) operating margin; (g) gross margin;
(h) cash flow; (i) earnings per share; (j) return on equity; (k) return on assets, investments or capital employed; (l) pre-tax profit; (m) revenue;
(n) market share; (o) cash flow (before or after dividends); (p) cost reductions or savings; (q) funds from operations; (r) total stockholder return;
(s) stock price; (t) earnings before any one or more of the following items: interest, taxes, depreciation or amortization; (u) market capitalization;
(v) economic value added; (w) operating ratio; (x) product development or release schedules; (y) new product innovation; (z) cost reductions;
(aa) implementation of our critical processes or projects; (bb) customer service or customer satisfaction; or (cc) product quality measures.
2.33. “Restricted Stock Bonus” means a grant of shares of the Company’s Common Stock not requiring a Participant to pay any amount of
monetary consideration, and subject to the provisions of Section 8.1 of the Plan.
2.34. “Restricted Stock Purchase Right” means the right to acquire shares of the Company’s Common Stock upon the payment of the
agreed-upon monetary consideration, subject to the provisions of Section 8.2 of the Plan.
2.35. “Restricted Stock Unit” means the right to receive the value of one (1) share of the Company’s Common Stock at the time the
Restricted Stock Unit vests, with the further right to elect to defer receipt of that value otherwise deliverable upon the vesting of an award of
restricted stock to the extent permitted in the Participant’
s agreement. These Restricted Stock Units are subject to the provisions of Section 8.5 of
the Plan.
2.36. “Rule 16b-3” means Rule 16b-3 promulgated under the Exchange Act or any successor to Rule l6b-3, as in effect from time to time.
2.37. “Securities Act” means the Securities Act of 1933, as amended.
2.38. “Stock Appreciation Right” means the right to receive an amount equal to the Fair Market Value of one (1) share of the Company’s
Common Stock on the day the Stock Appreciation Right is redeemed, reduced by the deemed exercise price or base price of such right, subject
to the provisions of Section 8.3 of the Plan.
2.39. “Stock Award” means any Option award, Restricted Stock Bonus award, Restricted Stock Purchase Right award, Stock Appreciation
Right award, Phantom Stock Unit award, Restricted Stock Unit award, Performance Share Bonus award, Performance Share Unit award, or other
stock-based award. These Awards may include, but are not limited to those listed in Section 1.2.
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