Oplink Communications, Inc. 1998 Stock Plan Stock Option Agreement with Ian Jenks

Summary

Oplink Communications, Inc. has granted Ian Jenks the option to purchase shares of its common stock under its 1998 Stock Plan. The agreement specifies the number of shares, exercise price, vesting schedule, and expiration date. Shares vest over four years, with 25% vesting after one year and the remainder vesting monthly. If there is a change of control at the company, all unvested shares vest immediately. The agreement is subject to the terms of the 1998 Stock Plan and its attached exhibit.

EX-10.25 27 ex-10_25.txt EXHIBIT 10.25 OPLINK COMMUNICATIONS, INC. 1998 STOCK PLAN 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: 98-560 DATE OF GRANT: 5/10/00 VESTING COMMENCEMENT DATE: 4/12/00 EXERCISE PRICE PER SHARE: $5.00 TOTAL NUMBER OF SHARES GRANTED: 50,000.00 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 in the event of change of control at the Company, and only in such event, the aforesaid vesting schedule shall accelerate in full immediately. BY SIGNING THIS COVER SHEET, YOU AGREE THAT THIS STOCK OPTION AGREEMENT 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. OPTIONEE: Oplink Communications, Inc. a California corporation /s/ Ian Jenks By /s/ Joe Liu - ----------------------------- -------------------------------- Ian Jenks Joe Liu, Chief Executive Officer OPLINK COMMUNICATIONS, INC. 1998 STOCK PLAN 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: 98-569 DATE OF GRANT: 5/10/00 VESTING COMMENCEMENT DATE: 5/10/00 EXERCISE PRICE PER SHARE: $5.00 TOTAL NUMBER OF SHARES GRANTED: 150,000.00 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 in the event of change of control at the Company, and only in such event, the aforesaid vesting schedule shall accelerate in full immediately. 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. OPTIONEE: Oplink Communications, Inc. a California corporation /s/ Ian Jenks By /s/ Joe Liu - ----------------------------- -------------------------------- Ian Jenks Joe Liu, Chief Executive Officer