Oplink Communications, Inc. Amended and Restated Stock Option Agreements with David Spreng

Summary

Oplink Communications, Inc. has entered into amended and restated stock option agreements with David Spreng, granting him options to purchase shares of the company's common stock under its 1998 and 2000 Stock Plans. The agreements specify the number of shares, exercise prices, vesting schedules, and conditions for accelerated vesting, such as a corporate transaction or resignation from the Board. The options are subject to the terms of the respective stock plans and are intended to incentivize and retain the optionee as a director of the company.

EX-10.22 4 dex1022.txt FORM OF AMENDED RESTATED STOCK OPTION D. SPRENG Exhibit 10.22 OPLINK COMMUNICATIONS, INC. 2000 STOCK PLAN AMENDED AND RESTATED STOCK OPTION AGREEMENT Oplink Communications, Inc. (the "Company") hereby grants an option to purchase Shares of its Common Stock to the optionee named below on the terms and conditions set forth in this cover sheet and the Company's 2000 Stock Plan attached hereto (together, the "Stock Option Agreement"): Grant Number: 200000978 Optionee ID: BD003 Date of Grant: 4/5/2001 Vesting Commencement Date: 4/5/2001 Exercise Price Per Share: $2.625 Total Number of Shares Granted: 25,000 Type of Option: Non-Qualified Stock Option Expiration Date: 4/5/2011 Exercise Schedule: - ----------------- The option granted hereunder may be exercised, in whole or in part, based on the vesting schedule as set forth below. Twenty-five percent (25%) of the shares subject to the option shall vest in the holder thereof on the one year anniversary of the Vesting Commencement Date and an additional 1/48th of the shares subject to the option shall vest in the holder thereof at the end of each full month thereafter; provided, that the vesting of such stock option shall accelerate in full immediately upon the earlier of a corporate transaction described in Section 12 (c) of the Oplink Communications, Inc. 2000 Equity Incentive Plan or the optionee's resignation from the Board of Directors of the Company. By signing this cover sheet, you agree that this Stock Option Agreement is subject to the terms and conditions of this cover sheet and the 2000 Stock Plan which is attached hereto and made a part of this document. Dated: ------------------------- OPTIONEE: Oplink Communications, Inc. A Delaware corporation By: - ------------------------------ ----------------------------------------- David Spreng Name: --------------------------------------- Title: -------------------------------------- OPLINK COMMUNICATIONS, INC. 1998 STOCK PLAN AMENDED AND RESTATED STOCK OPTION AGREEMENT Oplink Communications, Inc. (the "Company") hereby grants an option to purchase Shares of its Common Stock to the optionee named below on the terms and conditions set forth in this cover sheet, the Company's 1998 Stock Plan, and Exhibit A attached hereto (together, the "Stock Option Agreement"): Grant Number: 98-559 Date of Grant: 5/10/00 Vesting Commencement Date: 2/11/00 Exercise Price Per Share: $5.00 Total Number of Shares Granted: 50,000 Type of Option: Incentive Stock Option --- X Nonqualified Stock Option --- Expiration Date: May 10, 2010 Exercise Schedule: - ----------------- The option granted hereunder may be exercised, in whole or in part, based on the vesting schedule as set forth below. Twenty-five percent (25%) of the shares subject to the option shall vest in the holder thereof on the one year anniversary of the Vesting Commencement Date and an additional one-forty-eighth (1/48) of the shares subject to the option shall vest in the holder thereof at the end of each full month thereafter; provided, however, that the aforesaid vesting schedule shall accelerate in full immediately upon the earlier of a change of control at the Company (which shall be deemed to include a corporate transaction described in Section 12(c) of the Company's 2000 Equity Incentive Plan) or the optionee's resignation from the Board of Directors of the Company. By signing this cover sheet, you agree that this Stock Option Agreement is subject to the terms and conditions of this cover sheet, the 1998 Stock Plan and Exhibit A, which is attached hereto and made a part of this document. Dated: --------------------- OPTIONEE: Oplink Communications, Inc. By - --------------------------- ----------------------------------------- David Spreng Name --------------------------------------- Title -------------------------------------- OPLINK COMMUNICATIONS, INC. 2000 STOCK PLAN AMENDED AND RESTATED STOCK OPTION AGREEMENT Oplink Communications, Inc. (the "Company") hereby grants an option to purchase Shares of its Common Stock to the optionee named below on the terms and conditions set forth in this cover sheet and the Company's 2000 Stock Plan attached hereto (together, the "Stock Option Agreement"): Grant Number: 200001109 Optionee ID: BD003 Date of Grant: 11/7/2001 Vesting Commencement Date: 11/7/2001 Exercise Price Per Share: $1.25 Total Number of Shares Granted: 72,000 Type of Option: Non-Qualified Stock Option Expiration Date: 11/7/2011 Exercise Schedule: - ----------------- The option granted hereunder may be exercised, in whole or in part, based on the vesting schedule as set forth below. Two thousand (2,000) shares subject to the option shall vest in the holder thereof for each month of Continuous Service of the director from the date on which it is granted; provided, that the vesting of such stock option shall accelerate in full immediately upon the earlier of a corporate transaction described in Section 12 (c) of the Oplink Communications, Inc. 2000 Equity Incentive Plan or the optionee's resignation from the Board of Directors of the Company. By signing this cover sheet, you agree that this Stock Option Agreement is subject to the terms and conditions of this cover sheet and the 2000 Stock Plan which is attached hereto and made a part of this document. Dated: ----------------------- OPTIONEE: Oplink Communications, Inc. a Delaware corporation By: - ----------------------------- ---------------------------------------- David Spreng Name: -------------------------------------- Title: -------------------------------------