Seagate 2009 Annual Report Download - page 185

termination), but only within such period of time ending on the earlier of (i) the date twelve (12) months following such termination (or such
longer or shorter period specified in the Option Agreement) or (ii) the expiration of the term of the Option as set forth in the Option Agreement.
If after termination, the Optionholder does not exercise his or her Option within the time specified herein, the Option shall terminate.
6.11 Death of Optionholder . In the event (i) an Optionholder’s Continuous Service terminates as a result of the Optionholder’s
death or (ii) the Optionholder dies within the period (if any) specified in the Option Agreement after the termination of the Optionholder’s
Continuous Service for a reason other than death, then the Option may be exercised (to the extent the Optionholder was entitled to exercise such
Option as of the date of death) by the Optionholder’s estate, by a person who acquired the right to exercise the Option by bequest or inheritance
or by a person designated to exercise the Option upon the Optionholder’s death pursuant to Section 6.5 or 6.6 of the Plan, but only within the
period ending on the earlier of (1) the date twelve (12) months following the date of death (or such longer or shorter period specified in the
Option Agreement) or (2) the expiration of the term of such Option as set forth in the Option Agreement. If, after death, the Option is not
exercised within the time specified herein, the Option shall terminate.
6.12 Early Exercise . The Option Agreement may, but need not, include a provision whereby the Optionholder may elect at any
time before the Optionholder’
s Continuous Service terminates to exercise the Option as to any part or all of the Shares subject to the Option prior
to the full vesting of the Option. Any unvested Shares so purchased may be subject to a repurchase option in favor of the Company or to any
other restriction the Board determines to be appropriate.
VII. RESERVED.
VIII. PROVISIONS OF SHARE AWARDS OTHER THAN OPTIONS.
8.1 Restricted Share Bonus Awards . Each Restricted Share Bonus agreement shall be in such form and shall contain such terms
and conditions as the Board shall deem appropriate. Restricted Share Bonuses shall be paid by the Company in Ordinary Shares. Should Shares
be issued pursuant to a Restricted Share Bonus award in circumstances where they are not otherwise fully paid up, the Board may require the
Participant to pay the aggregate Nominal Value of the Shares on the basis that such Shares underlying the Restricted Share Bonus award shall
then be allotted as fully paid to the Participant. The terms and conditions of Restricted Share Bonus agreements may change from time to time,
and the terms and conditions of separate Restricted Share Bonus agreements need not be identical, but each Restricted Share Bonus agreement
shall include (through incorporation of provisions hereof by reference in the agreement or otherwise) the substance of each of the following
provisions:
(i) Vesting . Vesting shall generally be based on the Participant’s Continuous Service. Shares awarded under the
Restricted Share Bonus agreement shall be subject to a share reacquisition right in favor of the Company in accordance with a vesting schedule
to be determined by the Board.