Emulex Corporation Restricted Stock Award Agreement with Recipient

Summary

Emulex Corporation grants the recipient a specified number of shares of its common stock, which are subject to restrictions until certain vesting dates. The agreement outlines the number of shares, their current value, and the schedule on which the shares will become fully vested. Both the recipient and the company must sign the agreement, which is governed by the terms of Emulex's Award Plan and the attached Award Agreement. The shares are not fully owned by the recipient until the vesting conditions are met.

EX-10.2 3 a20645exv10w2.txt EXHIBIT 10.2 Exhibit 10.2 NOTICE OF GRANT OF AWARD EMULEX CORPORATION AND AWARD AGREEMENT ID ###-###-#### 3333 SUSAN STREET COSTA MESA, CA 92626 - -------------------------------------------------------------------------------- Recipient Name: Award Number: Plan: EIP ID: - -------------------------------------------------------------------------------- Effective _______________, 200__, you have been granted an award of ______ shares of EMULEX CORPORATION (the "Company") common stock. These shares are restricted until the vest date(s) shown below. The current total value of the award is $___________. The award will vest in increments on the date(s) shown below:
Shares Full Vest ------ ---------
- -------------------------------------------------------------------------------- By your signature and the Company's signature below, you and the Company agree that this award is granted under and governed by the terms and conditions of the Company's Award Plan, as amended, and the Award Agreement, all of which are attached and made a part of this document. - -------------------------------------------------------------------------------- - ------------------------------------- --------------------- EMULEX CORPORATION Date - ------------------------------------- --------------------- Name Date