Emulex Corporation Stock Option Grant and Option Agreement

Summary

This agreement is between Emulex Corporation and an employee, granting the employee the right to purchase a specified number of company shares at a set price per share. The options may be either incentive or nonqualified stock options and will vest according to a schedule outlined in the agreement. Both parties agree that the grant is subject to the terms of the company's Stock Option Plan and the attached Option Agreement. The agreement requires signatures from both the company and the employee to be effective.

EX-10.6 8 a12169exv10w6.txt EXHIBIT 10.6 Exhibit 10.6 - -------------------------------------------------------------------------------- NOTICE OF GRANT OF STOCK EMULEX CORPORATION OPTIONS ID: 95 ###-###-#### AND OPTION AGREEMENT 3333 SUSAN STREET COSTA MESA, CA 92626 - -------------------------------------------------------------------------------- NAME & ADDRESS OPTION NUMBER: PLAN: ID: Effective _______________, you have been granted a(n) [Incentive] [Nonqualified] Stock Option to buy _______ shares of shares of EMULEX CORPORATION (the Company) stock at $________ per share. The total option price of the shares granted is $_________________. Shares in each period will become fully vested on the date shown. Shares Vest Type Full Vest Expiration On Vest Date - -------------------------------------------------------------------------------- By your signature and the Company's signature below, you and the Company agree that these options are granted under and governed by the terms and conditions of the Company's Stock Option Plan as amended and the Option Agreement, all of which are attached and made a part of this document. - -------------------------------------------------------------------------------- ________________________________________ _______________________________ EMULEX CORPORATION Date ________________________________________ _______________________________ Employee Name Date