Shares

 

Notice of Grant of		LSI CORPORATION
Stock Option		ID: 94 ###-###-####
Under the		1320 RIDDER PARK DRIVE
LSI Corporation 2003 Equity Incentive Plan		SAN JOSE, CALIFORNIA 95131

 

GRANTEE NAME		Award Number:
Address		Grant Date:
Address		Number of Shares:
		Exercise Price:
		Expiration Date:

 

 

On the grant date shown above, LSI Corporation granted you a nonqualified stock option covering the number of shares shown above under the LSI Corporation 2003 Equity Incentive Plan. When exercisable, the option will allow you to purchase shares of LSI’s common stock for a price per share equal to the exercise price shown above. Your right to exercise this Option will terminate on the expiration date shown above or earlier if provided in the attached Nonqualified Stock Option Agreement or in the plan.

 

 

Your option will become exercisable with respect to the number of shares and at the time or times indicated below, but only if [any applicable performance requirements indicated below have been met and] you have not incurred a Termination of Service prior to the applicable time.

 

Shares		Vesting Date

 

 

By your signature below, you agree that this award is governed by this Notice of Grant, the attached Nonqualified Stock Option Agreement and the LSI Corporation 2003 Equity Incentive Plan. You acknowledge that you have received, read and understand this Notice of Grant, the attached agreement and the plan. You agree to accept as binding all decisions or interpretations of the Board of Directors of LSI or its delegate regarding any questions relating to this Notice of Grant, the attached agreement or the plan.

 

______________________________________________
GRANTEE NAME
Date: