Thursday 24 August 2017

Emprego Acordo Estoque Opções


GILEAD SCIENCES, INC. CONTRATO DE OPÇÃO DE ACÇÃO DE AÇÕES A. O optante é prestar serviços valiosos à Corporação (ou a uma Entidade Relacionada), e este Contrato é executado de acordo com, e destina-se a levar a cabo os objetivos do Plano em conexão com o A concessão da opção Corporation146s ao Optionee. B. Todos os termos em maiúsculas deste Contrato terão o significado que lhes é atribuído no Apêndice em anexo. AGORA, POR ISSO. A Corporação concede uma opção a Optionee nos seguintes termos e condições: 1. Concessão de opção. A Corporação, por este meio, concede à pessoa identificada no Anexo I anexo (147Optionee148) uma opção para comprar ações ordinárias no âmbito do Plano. A data em que essa opção é outorgada (a 147Grant Date148), o número de ações ordinárias compráveis ​​sob esta opção (as 147 Ações de Oitores148), o preço de exercício a pagar por ação (o 147Exercise Price148), o cronograma de aquisição de direitos aplicável pelo qual este A opção deve ser adquirida e tornar-se exercível de forma incremental para as Ações de opção (o 147Vesting Schedule148) e a data a ser utilizada para medir o prazo máximo desta opção (a 147 Data de expiração148) também estão indicadas no Anexo I anexado a este Contrato. A opção é uma opção não estatutária de acordo com as leis de imposto de renda federal dos EUA. Os termos e condições restantes que regem essa opção devem ser conforme estabelecido neste Contrato. 2. Prazo da opção. O prazo desta opção deve começar na data de outorga e continuar em vigor até o encerramento do negócio no último dia útil anterior à Data de Vencimento especificado no Anexo I anexado, a menos que seja rescindido de acordo com o parágrafo 5 ou 6 abaixo. 3. Transferibilidade limitada. (A) Esta opção pode ser atribuída, no todo ou em parte, durante a vida útil do Optionee146s a um Trust Vivo. A parcela atribuída só pode ser exercida pelo Living Trust. Os termos aplicáveis ​​à parcela atribuída devem ser iguais aos vigentes para a opção imediatamente anterior a essa cessão e devem ser estabelecidos em tais documentos a serem executados pelo Optionee e pelo Trust Living, conforme a Corporação julgar apropriado. (B) Exceto pela transferibilidade limitada prevista no parágrafo 3 (a), esta opção não será transferível nem cessível por parte do Optionee, exceto pelo testamento ou as leis de herança após a morte do Optionee146s e pode ser exercida, durante a vida útil do Optionee146s, apenas pelo Optionee . No entanto, o Optionee pode designar uma ou mais pessoas como beneficiário ou beneficiários desta opção ao preencher o formulário de Designação do Beneficiário Universal da Corporação146 e preencher o formulário preenchido com o Departamento de Recursos Humanos da Corporação146s. Se o Titular do Optionee tal designação do Beneficiário Universal for e morra enquanto mantém esta opção, então esta opção será automaticamente transferida para o beneficiário ou beneficiários designados. Esse beneficiário ou beneficiários devem tomar a opção transferida sujeita a todos os termos e condições deste Contrato, incluindo (sem limitação) o período de tempo limitado durante o qual esta opção pode, de acordo com o parágrafo 5 abaixo, ser exercida após a morte do Optionee146s. 4. Datas do Exercício. Esta opção deve ser adquirida e tornar-se exercível para as Ações de Opção em uma série de parcelas, de acordo com o Cronograma de Vencimento estabelecido na Tabela 1 anexa. À medida que a opção se torna passível de exercício para essas parcelas, essas parcelas devem ser acumuladas e a opção permanecerá Exercível para as parcelas acumuladas até o último dia útil anterior à Data de Vencimento ou qualquer rescisão mais cedo do prazo da opção nos termos do parágrafo 5 ou 6 abaixo. 5. Cessação do Serviço. O termo de opção especificado no Parágrafo 2 acima rescindirá (e esta opção deixará de estar pendente) antes da Data de Vencimento, caso uma das seguintes disposições se torne aplicável: (a) Exceto quando expressamente previsto nos parágrafos (b) a (f ) Deste Parágrafo 5, caso o Optionee deixe de permanecer em Serviço Contínuo por qualquer motivo, enquanto esta opção estiver em circulação, então o Optionee terá até o fechamento do negócio no último dia útil anterior ao vencimento do período de três (3) meses Medido a partir da data da cessação do Serviço Contínuo durante o qual exercer esta opção para qualquer ou todas as Ações de opção para as quais esta opção é adquirida e exercitável no momento da cessação do Serviço Contínuo do Optionee146s, mas em nenhum caso essa opção será Exercitável a qualquer momento após o fechamento do negócio no último dia útil anterior à data de expiração. (B) No caso de o Optionee cessar o Serviço Contínuo por sua morte, enquanto esta opção está em circulação, essa opção pode ser exercida, para qualquer ou todas as Ações de opção para as quais esta opção é adquirida e exercitável no momento de Cessação do Serviço Contínuo pelo Optionee146s, por (i) o representante pessoal da propriedade do Optionee146s ou (ii) a pessoa ou pessoas a quem a opção é transferida de acordo com o Optionee146s ou as leis de herança após a morte do Optionee146s. No entanto, se o Titular do Contrato morre durante a realização desta opção e tiver uma efetiva designação de beneficiário em vigor para esta opção no momento da sua morte, o beneficiário ou beneficiários designados terão o direito exclusivo de exercer esta opção na sequência da morte do Optionee146s. Qualquer direito desse exercício deve caducar, e esta opção deixará de estar pendente, no encerramento do negócio, no último dia útil anterior ao anterior (i), o prazo de validade do período de doze (12) meses medido a partir de A data da morte do Optionee146s ou (ii) a data de expiração. Após a expiração desse período de exercício limitado, esta opção deve rescindir e deixar de estar pendente para quaisquer Ações de opção exercíveis para as quais a opção não tenha sido exercida de outra forma. (C) Se o Titular da Opção cesse o Serviço Contínuo por motivo de Incapacidade Permanente, enquanto esta opção estiver em circulação, então o Optário terá até o fechamento do negócio no último dia útil anterior ao término do período de doze (12) meses medido a partir da data Da cessação do Serviço Contínuo durante o qual para exercer esta opção para qualquer ou todas as Ações de opção para as quais esta opção é adquirida e exercitável no momento da cessação do Serviço Contínuo. Em nenhum caso, no entanto, essa opção poderá ser exercida a qualquer momento após o fechamento do negócio no último dia útil anterior à data de expiração. (D) Exceto se for de outra forma excluído pelas Leis Aplicáveis, deve (i) optar por cessar o Serviço Contínuo após a conclusão de pelo menos três (3) anos de Serviço Contínuo e (ii) a soma de Optionee146s atingiu a idade e os anos completos de Serviço Contínuo no O tempo de tal cessação de serviço é igual ou superior a setenta (70) anos, então o Optionee deve ter até o encerramento do negócio no último dia útil anterior ao término do período de trinta e seis (36) meses medido a partir da data desse Cessação do Serviço Contínuo durante o qual exercer esta opção para qualquer ou todas as Ações de opção para as quais essa opção é adquirida e exercitável no momento da cessação do Serviço Contínuo. Em nenhum caso, no entanto, essa opção poderá ser exercida a qualquer momento após o fechamento do negócio no último dia útil anterior à data de expiração. (E) O período aplicável de exercicância pós-serviço em vigor de acordo com as disposições anteriores deste parágrafo 5 será automaticamente prorrogado por um período adicional de tempo igual a qualquer intervalo dentro desse período de exercício pós-serviço durante o qual o exercício de Esta opção ou a venda imediata das Opções de Opção adquiridas ao abrigo desta opção não podem ser efetuadas de acordo com as leis de valores mobiliários federais e estaduais aplicáveis, mas, em nenhum caso, essa extensão resultará na continuação desta opção além do fechamento de negócios no último Dia útil anterior à data de expiração. (F) Se o Serviço Contínuo Optionee146s for rescindido por causa, ou se Optionee se envolver em qualquer outra conduta, enquanto estiver em Serviço Contínuo ou após a cessação do Serviço Contínuo, isso é materialmente prejudicial para o negócio ou assuntos da Corporação (ou qualquer Entidade Relacionada) , Conforme determinado a critério exclusivo do Administrador, esta opção, independentemente de ser adquirida e exercitável no momento, terminará imediatamente e deixará de estar pendente. (G) Durante o período limitado de exercicância pós-serviço previsto neste Parágrafo 5, esta opção não pode ser exercida no total por mais do que o número de Ações de opção para as quais esta opção está no tempo adquirido e exercitável. Exceto na medida (se houver) especificamente autorizado pelo Administrador de acordo com um acordo escrito expresso com o Optário, esta opção não deve ser adquirida ou tornar-se exercível para quaisquer Ações de Opção adicionais, de acordo com o Cronograma de Vencimento normal estabelecido no Anexo I Ou as disposições especiais de aceleração de aquisição do item 6 abaixo, após a cessação do serviço contínuo do Optionee146s. Após a expiração desse período de exercício limitado ou (se anterior) no encerramento do negócio no último dia útil anterior à Data de Vencimento, esta opção deve rescindir e deixar de estar pendente para quaisquer Ações de opção exercíveis para as quais a opção não tenha sido de outra forma Foi exercido. 6. Aceleração especial da opção. (A) Esta opção, na medida em que esteja em circulação no momento de uma Mudança de Controle real, mas não de forma totalmente exercível, deve acelerar automaticamente para que esta opção, imediatamente antes da data de vigência dessa Mudança de Controle, se torne exercível para todos Das Ações da Opção no momento sujeito a esta opção e podem ser exercidas por uma ou todas essas Ações de Opção como ações de ações ordinárias totalmente adquiridas. No entanto, esta opção não pode tornar-se exercível de forma tão acelerada se e na medida em que: (i) esta opção deve ser assumida pela empresa sucessora (ou a sua mãe) ou deve continuar em pleno vigor e efeito de acordo com a Termos da transação Alterar no Controle, (ii) esta opção deve ser substituída por um prêmio de substituição economicamente equivalente ou (iii) esta opção deve ser substituída por um programa de retenção de caixa da empresa sucessora que preserva o spread existente no Hora da Mudança de Controle em quaisquer Ações de Opções para as quais esta opção não é, nesse momento, adquirida e exercitável (o excesso do Valor de Mercado Justo dessas Ações de Opção sobre o Preço de Exercício agregado a pagar por tais ações) e prevê o subsequente Adiantamento e pagamento simultâneo desse spread de acordo com o mesmo Cronograma de Vesting para as Ações de Opção, conforme estabelecido no Anexo I. (b) Imediatamente após a consumação do C No presente Contrato, esta opção deve terminar e deixar de estar pendente, exceto na medida em que a corporação sucessora (ou a empresa adotada) ou continuasse em vigor de acordo com os termos da transação de Mudança no Controle. (C) Se esta opção for assumida em conexão com uma Mudança no Controle ou de outra forma continuada em vigor, esta opção deve ser adequadamente ajustada, imediatamente após essa Mudança no Controle, para se inscrever no número e classe de valores mobiliários em que as ações de O estoque comum sujeito a esta opção teria sido convertido na consumação de tal Mudança no Controle se essas ações realmente estivessem pendentes no momento. Ajustes apropriados também devem ser feitos para o Preço de Exercício, desde que o Preço de Exercício agregado permaneça o mesmo. Na medida em que os detentores reais das ações ordinárias em circulação da Corporação146s recebem uma contraprestação em dinheiro para o seu estoque comum na consumação da mudança de controle, a empresa sucessora pode, em conexão com a suposição ou continuação desta opção, mas sujeita à aprovação do administrador146s, substitua Uma ou mais ações de suas ações ordinárias com um valor de mercado justo equivalente à contraprestação em dinheiro paga por ação de ações ordinárias em tal mudança de controle, desde que essas ações ordinárias sejam facilmente negociáveis ​​em uma bolsa ou mercado de valores mobiliários estabelecido nos EUA. (D) Se esta opção for assumida ou de outra forma continuada em vigor em conexão com uma Mudança no Controle ou substituída por um prêmio economicamente equivalente ou um programa de retenção de caixa de acordo com o parágrafo 6 (a) acima, então: (i) a opção (Ou tal prêmio economicamente equivalente) deve ser adquirido e tornar-se imediatamente exercível para todas as Ações de Opção ou outros valores mobiliários no momento sujeito à opção (ou a tal prêmio) e poderá, no prazo de exercício aplicável ao § 5, ser exercido por qualquer Ou todas essas Ações de Opção ou outros valores mobiliários como ações ou valores mobiliários integralmente adquiridos, ou (ii) o saldo creditado ao Titular de Opções de acordo com qualquer programa de retenção de caixa estabelecido de acordo com o parágrafo 6 (a) será imediatamente pago ao Titular de Opções em um montante fixo, sujeito Para a coleção da Corporação146 de todos os Impostos de retenção na fonte aplicáveis ​​se, dentro do período que começa com a data de execução do contrato definitivo para a transação de Mudança em Controle e terminando com o anterior de ( I) a rescisão desse acordo definitivo sem a consumação de tal Mudança de Controle ou (ii) o vencimento do Período de Aceleração Aplicável após a consumação de tal Controle, o Serviço Contínuo do Optionee146s termina devido a uma rescisão involuntária (exceto para morte Ou Incapacidade Permanente) sem Causa ou uma rescisão voluntária por Optionee devido à Rescisão Constructiva. (E) O presente Contrato não afetará de forma alguma o direito da Companhia de ajustar, reclassificar, reorganizar ou mudar sua estrutura de capital ou de negócios ou fundir, consolidar, dissolver, liquidar ou vender ou transferir a totalidade ou parte de seus negócios Ou ativos. 7. Ajuste em Ações de opção. Se qualquer alteração for feita para as ações ordinárias por motivo de divisão de ações, dividendo em ações, recapitalização, combinação de ações, troca de ações, transação de spin-off ou outra alteração que afete o estoque comum em circulação como uma classe sem o recebimento da Corporação146s Consideração, ou o valor das ações em circulação de ações ordinárias seja substancialmente reduzido em resultado de uma operação de cisão ou de um dividendo ou distribuição extraordinária, ou caso houvesse qualquer fusão, consolidação ou outra reorganização, então ajustes justos e proporcionais serão Feito pelo Administrador para (i) o número total e / ou classe de valores mobiliários sujeitos a esta opção e (ii) o Preço de Exercício. Os ajustes serão feitos da forma que o Administrador julgar apropriado para refletir essa alteração e, assim, evitar a diluição ou ampliação dos benefícios abaixo, e esses ajustes serão definitivos, vinculativos e conclusivos sobre o Optionee e qualquer outra pessoa ou pessoa que tenha um Interesse na opção. No caso de qualquer transação de mudança de controle, as disposições de ajuste do parágrafo 6 (c) acima devem ser controladas. 8. Direitos do Acionista. O detentor desta opção não deve ter nenhum direito de acionista com relação às Ações de Opção até que essa pessoa tenha exercido a opção, pagou o Preço de Exercício e se torne titular de registro das ações compradas. 9. Modo de opção de exercício. (A) Para exercer esta opção em relação a toda ou parte das Ações de opção para as quais esta opção é no momento de exercício, Optionee (ou qualquer outra pessoa ou pessoas que exercem a opção) deve tomar as seguintes ações: (i ) Execute e entregue à Corporação um Aviso de Exercício sobre as Ações da Opção para as quais a opção é exercida ou cumpra os outros procedimentos que a Corporação possa estabelecer para notificar a Corporação, diretamente ou através de uma transação de internet on-line com um Empresa de corretagem autorizada pela Companhia a efetuar tais exercicios de opção, do exercício desta opção para uma ou mais ações de opção. Cópias do Aviso de Exercício podem ser obtidas na intranet da Corporation146s no gnet finance doc noe. doc. (Ii) Pague o preço de exercício agregado das ações compradas em um ou mais dos seguintes formulários: (A) dinheiro ou cheque pago a Companhia ou (B) por meio de um processo especial de venda e remessa de acordo com o qual o Optativo (ou qualquer Outra pessoa ou pessoas que exercem a opção) deve simultaneamente fornecer instruções irrevogáveis ​​(i) a uma empresa de corretagem (razoavelmente satisfatória para a Corporação para fins de administração desse procedimento de acordo com as políticas de pré-notificação pré-autorização da Corporação146) para efetuar a venda imediata Da totalidade ou de uma parcela suficiente das ações compradas para que tal empresa de corretagem possa remeter à Corporação, na data de liquidação, fundos suficientes dos recursos resultantes da venda para cobrir o Preço de Exercício agregado a pagar por todas as ações adquiridas mais todas as retenções na fonte Impostos e (ii) à Corporação para entregar os certificados para as ações compradas diretamente a tal corretora em tal liquidação que E. Exceto na medida em que o procedimento de venda e remessa seja utilizado em conexão com o exercício da opção, o pagamento do Preço de Exercício deve acompanhar o Aviso de Exercício (ou outro procedimento de notificação) entregue à Corporação em conexão com o exercício da opção. (Iii) Fornecer à Corporação a documentação apropriada de que a pessoa ou pessoas que exercem a opção (se diferente de Optionee) têm o direito de exercer esta opção. (Iv) Faça os arranjos adequados com a Corporação (ou a Controladora ou Subsidiária que emprega ou retem o Optionee) para satisfação de todos os Impostos retidos na fonte. (B) Assim que possível após a Data de Exercício, a Corporação emitirá ou em nome do Optativo (ou de qualquer outra pessoa ou pessoa que exerça essa opção) um certificado para as Ações de Opção compradas (em papel ou eletrônico), com As legendas apropriadas afixadas. (C) Em nenhum caso, esta opção pode ser exercida para qualquer fração de ações. 10. Conformidade com leis e regulamentos. (A) O exercício desta opção e a emissão das Ações da Opção em decorrência desse exercício estarão sujeitas à conformidade da Corporação e do Titular de Opções com todas as Leis Aplicáveis ​​relativas a elas. (B) A incapacidade da Corporação de obter aprovação de qualquer órgão regulador que tenha autoridade considerada pela Corporação como necessária para a emissão legal e venda de qualquer Ação Ordinária de acordo com esta opção deve liberar a Companhia de qualquer responsabilidade em relação ao não - emissão ou venda da ação comum sobre a qual essa aprovação não deve ter sido obtida. A Corporação, no entanto, deve envidar todos os esforços para obter todas essas aprovações. 11. Sucessores e Atribuições. Excepto na medida em que os Parágrafos 3 e 6 acima estejam previstos, as disposições do presente Contrato deverão beneficiar e ser vinculativas para a Corporação e seus sucessores e cessionários, e os titulares de opções, os representantes legais, os herdeiros e legatários da Optionee146s. Propriedade e quaisquer beneficiários desta opção designada pelo Optionee. 12. Avisos. Qualquer aviso exigido para ser entregue ou entregue à Corporação nos termos deste Contrato deve ser por escrito e dirigido à Corporação em seus principais escritórios corporativos. Qualquer aviso exigido para ser entregue ou enviado ao Titular de Opções deve ser por escrito e dirigido ao Optário no endereço mais atual e indicado para o Titular do Contrato no cadastro dos funcionários da Corporação146s ou deve ser entregue eletronicamente ao Optionee através do sistema de correio eletrônico da Corporação146 ou através de um serviço on - Empresa de corretagem de linha autorizada pela Corporação para efetuar exercícios de opções pela internet. Todas as notificações devem ser consideradas efetivas após a entrega ou entrega pessoal através do sistema de correio eletrônico da Corporação146 ou no depósito no correio dos Estados Unidos, o frete pré-pago e devidamente dirigido à parte a ser notificada. 13. Construção. Este Contrato e a opção comprovada por este são feitas e concedidas de acordo com o Plano e são, em todos os aspectos, limitadas e sujeitas aos termos do Plano. No caso de qualquer conflito entre as disposições deste Contrato e os termos do Plano, os termos do Plano deverão ser controlados. Todas as decisões do Administrador em relação a qualquer questão ou problema decorrentes do Plano ou deste Contrato devem ser conclusivas e vinculativas para todas as pessoas que tenham interesse nesta opção. 14. Direito aplicável. A interpretação, o desempenho e a execução deste Contrato serão regidos pelas leis do Estado da Califórnia sem recorrer às regras de conflito de leis da Califórnia. 15. Excesso de ações. Se as Ações de Opção abrangidas por este Contrato excederem, a partir da Data de Subvenção, o número de ações ordinárias que, sem aprovação de acionistas, será emitido de acordo com o Plano, esta opção será anulada com relação a essas ações em excesso, a menos que a aprovação do acionista De uma alteração que aumenta de forma suficiente o número de ações ordinárias emissoras do Plano, obtidas de acordo com as disposições do Plano. Em nenhum caso, a opção poderá ser exercida em relação a qualquer das Ações de Opção em excesso, a menos que e até que essa aprovação de acionistas seja obtida. 16. Folhas de Ausência. As seguintes disposições regerão as folhas de ausência, exceto na medida em que a aplicação de tais disposições ao Optionee violaria as leis aplicáveis. (A) Para os fins deste Contrato, o Serviço Contínuo do Optionee146s não será considerado cessar durante qualquer período pelo qual o Optionee esteja em licença militar, licença por doença ou outra licença pessoal aprovada pela Corporação. No entanto, o Optionee não deve receber nenhum crédito de Serviço Contínuo, para fins de aquisição nesta opção e as Ações da Opção de acordo com o Cronograma de Vencimento estabelecido no Anexo I, para qualquer período de tal licença, exceto na medida em que seja exigido por Lei ou de acordo com a seguinte política: - O optante deve receber crédito de Serviço Contínuo por tais fins de aquisição para (i) os primeiros três (3) meses de uma licença pessoal aprovada ou (ii) os primeiros sete (7) meses de qualquer Ausência de boa-fé (que não seja uma licença pessoal aprovada), mas em nenhum caso além do prazo de validade dessa licença. (B) Em nenhum momento, o Optionee deverá permanecer em Serviço Contínuo em qualquer momento após o primeiro (i) o prazo de validade de sua licença, a menos que o Titular do Contrato seja retornado ao Serviço Contínuo Ativo em ou antes dessa data, ou (Ii) a data em que o Serviço Contínuo Optionee146s termina efetivamente por causa de sua rescisão voluntária ou involuntária ou por sua morte ou deficiência. 17. Emprego à vontade. Nada neste Contrato ou no Plano conferirá ao Titular de Opções qualquer direito de permanecer no status de Empregado por qualquer período de duração específica ou interferir ou restringir de qualquer forma os direitos da Corporação (ou de qualquer Entidade Relacionada que emprega o Optativo) ou de Opção , Cujos direitos estão expressamente reservados por cada um, para rescindir o status do Empregado Optionee146s em qualquer momento por qualquer motivo, com ou sem Causa. 18. Prospecto do plano. O prospecto oficial para o Plano está disponível na intranet da Corporation146s em: gnet HR stocksnew. asp. O titular da opção também pode obter uma cópia impressa do prospecto, contatando a Administração de estoques, através da internet no endereço de entrega ou pelo telefone 650-522-5517. 19. Aceitação de opção de opção. O Operetista deve aceitar os termos e condições deste Contrato eletronicamente através do procedimento de aceitação eletrônico estabelecido pela Corporação ou através de uma aceitação escrita entregue à Corporação de forma satisfatória para a Corporação. Em nenhum caso, esta opção será exercida na ausência de tal aceitação. EM TESTEMUNHO DO QUE, Gilead Sciences, Inc. fez com que este Contrato fosse executado em seu nome por seu oficial devidamente autorizado no dia e ano primeiro indicado acima. As seguintes definições estarão em vigor ao abrigo do Contrato: A. Administrador significa o Comitê de Remuneração do Conselho (ou um subcomité dele) atuando na qualidade de administrador do Plano. B. Acordo significa este Contrato de Opção de Compra de Ações. C. O Período de Aceleração aplicável deve ter o significado atribuído a esse termo na Seção 2 (b) do Plano e será determinado com base no status do Option714 na Data de Subvenção. D. Leis aplicáveis ​​devem significar os requisitos legais relacionados ao Plano e a opção de acordo com as disposições aplicáveis ​​das leis federais de valores mobiliários, leis estaduais de valores mobiliários e estatais, o Código, as regras de qualquer Bolsa de Valores aplicável em que o estoque comum está listado para Negociação e as regras de qualquer jurisdição não-americana aplicáveis ​​às opções outorgadas aos residentes. E. Conselho de Administração significa o Conselho de Administração da Corporação146. F. A Causa deve, para fins do Parágrafo 5 do Contrato, significar a rescisão do Serviço Contínuo do Optionee146 como resultado do Optionee146s (i) execução de qualquer ato ou falha em realizar qualquer ato, de má fé e em detrimento do Corporação ou uma Entidade Relacionada (ii) desonestidade, má conduta intencional, violação material de qualquer política aplicável da Sociedade ou da Entidade Relacionada, ou violação material de qualquer acordo com a Corporação ou uma Entidade Relacionada ou (iii) comissão de um crime envolvendo desonestidade, violação de Confiança, ou danos físicos ou emocionais a qualquer pessoa. No entanto, para fins do parágrafo 6 (d) do Contrato, Causa significa a rescisão do Serviço Contínuo Optionee146s como resultado de Optionee146s (a) convicção de, um argumento de culpa em relação a, ou um fundamento de nolo contendere a, um Cobrar que o Optionee tenha cometido um crime de acordo com as leis dos Estados Unidos ou de qualquer Estado ou crime envolvendo torpeza moral, incluindo (sem limitação) fraude, roubo, desfalque ou qualquer crime que resulte ou seja destinado a resultar em enriquecimento pessoal para Optativo à custa da Corporação ou de uma Entidade Relacionada (b) violação material de qualquer contrato celebrado entre o Optionee e a Corporação ou uma Entidade Relacionada que prejudique os interesses da Corporação146 ou do Entidade Relacionada146s (c) falta intencional, falha significativa na execução Seus deveres ou negligência grosseira de suas funções ou (d) envolvimento em qualquer atividade que constitua um conflito de interesses relevante com a Corporação ou uma Entidade Relacionada. G. Mudança de Controle significa uma mudança de propriedade ou controle da Corporação efetuada através de uma das seguintes transações: (i) fusão, consolidação ou outra reorganização aprovada pelos acionistas da Companhia146, a menos que valores representativos de mais de cinquenta por cento (50) Do total do poder de voto combinado dos valores mobiliários com direito a voto da sociedade sucessora são imediatamente de propriedade, de forma direta ou indireta e substancialmente na mesma proporção, pelas pessoas que possuíam os títulos de voto com direito de voto da Companhia imediatamente antes dessa transação (ii) uma Venda, transferência ou outra disposição de todos ou substancialmente todos os ativos da Corporação146s (iii) o fechamento de qualquer transação ou série de transações relacionadas de acordo com a qual qualquer pessoa ou grupo de pessoas que inclua um grupo 14714 na acepção da Regra 13d-5 ( B) (1) da Lei de 1934 (que não seja a Corporação ou uma pessoa que, antes dessa transação ou A série de transações relacionadas, controladas direta ou indiretamente, é controlada ou está sob controle comum com a Corporação) torna-se direta ou indiretamente (seja como resultado de uma única aquisição ou em razão de uma ou mais aquisições dentro dos 12 (12) Período de mês que termina com a aquisição mais recente) o beneficiário efetivo (na acepção da Regra 13d-3 da Lei de 1934) de valores mobiliários que possuem (ou conversíveis ou exercíveis para valores mobiliários) mais de cinquenta por cento (50) do total combinado O poder de voto dos títulos em circulação da Corporação146 (medido em termos do poder de voto em relação à eleição dos membros do Conselho de Administração) pendente imediatamente após a consumação dessa transação ou série de transações relacionadas, quer essa transação envolva uma emissão direta da Corporação Ou a aquisição de valores mobiliários em circulação detidos por um ou mais dos acionistas existentes da Corporação146 ou (iv) uma mudança no comp No prazo de doze (12) meses consecutivos ou menos, de modo que a maioria dos membros da Diretoria cesse, em razão de uma ou mais eleições disputadas para a composição da Diretoria, ser composta por indivíduos que (a) tenham sido Os membros do conselho continuamente desde o início desse período ou (b) foram eleitos ou nomeados para eleição como membros do Conselho durante esse período por pelo menos a maioria dos membros do Conselho de Administração descritos na cláusula (A) acima que ainda estavam no cargo no momento O Conselho aprovou tal eleição ou nomeação. Em nenhum caso, no entanto, deve considerar-se que uma Mudança no Controle ocorre após uma fusão, consolidação ou outra reorganização efetuada principalmente para alterar a incorporação do Estado da Corporação146 ou para criar uma estrutura da companhia detentora de acordo com a qual a Corporação se torne uma empresa de propriedade total Subsidiária de uma entidade cujos títulos de voto em circulação imediatamente após a sua constituição são de propriedade, direta ou indiretamente, e substancialmente na mesma proporção, pelas pessoas que possuíam os títulos de voto em circulação da Companhia14 imediatamente antes da constituição dessa entidade. H. Código significa o Internal Revenue Code de 1986, conforme alterado. I. Ações ordinárias devem significar ações das ações ordinárias da Corporação146s. J. Rescisão Constructiva terá o significado atribuído a tal termo na Seção 11 (d) do Plano. K. Consultor deve significar qualquer pessoa, incluindo um conselheiro, que seja compensada pela Corporação ou por qualquer Entidade Relacionada por serviços prestados como consultor não empregado, no entanto, que o mandato 147Consultante148 não incluirá Diretores não-funcionários que atendam em sua capacidade Como membros do Conselho de Administração. O mandato 147Consultant 148 deve incluir um membro do conselho de administração de uma Entidade Relacionada. L. Serviço Contínuo significa o desempenho de serviços para a Corporação ou uma Entidade Relacionada (seja agora existente ou posteriormente estabelecido) por uma pessoa na qualidade de Empregado, Diretor ou Consultor. For purposes of this Agreement, Optionee shall be deemed to cease Continuous Service immediately upon the occurrence of either of the following events: (i) Optionee no longer performs services in any of the foregoing capacities for the Corporation or any Related Entity or (ii) the entity for which Optionee is performing such services ceases to remain a Related Entity of the Corporation, even though Optionee may subsequently continue to perform services for that entity. In jurisdictions requiring notice in advance of an effective termination of Optionee146s service as an Employee, Director or Consultant, Continuous Service shall be deemed terminated upon the actual cessation of such service to the Corporation or a Related Entity notwithstanding any required notice period that must be fulfilled before Optionee146s termination as an Employee, Director or Consultant can be effective under Applicable Laws. M. Corporation shall mean Gilead Sciences, Inc. a Delaware corporation, and any successor corporation to all or substantially all of the assets or voting stock of Gilead Sciences, Inc. which shall by appropriate action adopt the Plan. N. Director shall mean a member of the Board. O. Employee shall mean an individual who is in the employ of the Corporation (or any Related Entity), subject to the control and direction of the employer entity as to both the work to be performed and the manner and method of performance. P. Exercise Date shall mean the date on which the option shall have been exercised in accordance with Paragraph 9 of the Agreement. Q. Exercise Price shall mean the exercise price payable per Option Share as specified in attached Schedule I. R. Expiration Date shall mean the date specified on attached Schedule I for measuring the maximum term for which the option may remain outstanding. S. Fair Market Value per share of Common Stock on any relevant date shall be the closing price per share of Common Stock (or the closing bid, if no sales were reported) on that date, as quoted on the Stock Exchange that is at the time serving as the primary trading market for the Common Stock provided, however, that if there no reported closing price or closing bid for that date, then the closing price or closing bid, as applicable, for the last trading date on which such closing price or closing bid was quoted shall be determinative of such Fair Market Value. The applicable quoted price shall be as reported in The Wall Street Journal or such other source as the Administrator deems reliable. T. Grant Date shall mean the date on which the option is granted, as specified on attached Schedule I. U. Living Trust shall mean a revocable living trust established by Optionee or by Optionee and his or her spouse of which Optionee is the sole trustee (or sole co-trustee with his or her spouse) and sole beneficiary (or sole co-beneficiary with his or her spouse) during Optionee146s lifetime. V. 1934 Act shall mean the Securities Exchange Act of 1934, as amended from time to time. W. Non-Statutory Option shall mean an option not intended to satisfy the requirements of Code Section 422. X. Notice of Exercise shall mean the notice of option exercise in the form authorized by the Corporation. Y. Option Shares shall mean the number of shares of Common Stock subject to the option as specified in attached Schedule I. Z. Optionee shall mean the person identified in attached Schedule I to whom the option is granted pursuant to the Agreement. AA. Parent shall mean a 147parent corporation,148 whether now existing or hereafter established, as defined in Section 424(e) of the Code. BB. Permanent Disability shall mean the inability of Optionee to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment which is expected to result in death or to be of continuous duration of twelve (12) months or more. CC. Plan shall mean the Corporation146s 2004 Equity Incentive Plan, as amended from time to time. DD. Related Entity shall mean (i) any Parent or Subsidiary of the Corporation and (ii) any corporation in an unbroken chain of corporations beginning with the Corporation and ending with the corporation in the chain for which Optionee provides services as an Employee, Director or Consultant, provided each corporation in such chain owns securities representing at least twenty percent (20) of the total outstanding voting power of the outstanding securities of another corporation or entity in such chain and there is a legitimate non-tax business purpose for making this option grant to Optionee. EE. Stock Exchange shall mean the American Stock Exchange, the Nasdaq Global or Global Select Market or the New York Stock Exchange. FF. Subsidiary shall mean a 147subsidiary corporation,148 whether now existing or hereafter established, as defined in Section 424(f) of the Code. GG. Vesting Schedule shall mean the schedule set forth in attached Schedule I, pursuant to which the option is to vest and become exercisable for the Option Shares in a series of installments over Optionee146s period of Continuous Service. HH. Withholding Taxes shall mean the federal, state, local and or foreign income taxes and the employee portion of the federal, state, local and or foreign employment taxes required to be withheld by the Corporation in connection with the exercise of the option. OPTION GRANT SPECIFICS Name of Optionee: laquoFIRSTNAMEraquo laquoMIDDLENAMEraquo laquoLASTNAMEraquo Grant Date: laquoDATEraquo laquoMONTHraquo laquoYEARraquo Total Number of Option Shares: laquoSHARESGRANTEDraquo Exercise Price: laquoOPTIONPRICEraquoEXECUTIVE EMPLOYMENT AGREEMENT THIS EXECUTIVE EMPLOYMENT AGREEMENT (this 147Agreement148), dated as of August 21, 2012, (the 147Effective Date148) is made and entered by and between Symantec Corporation, a Delaware corporation (the 147Company148), and Steve Bennett (the 147Executive148). WHEREAS, the Executive is currently employed as the Company146s President and Chief Executive Officer and is expected to make major contributions to the short - and long-term profitability, growth and financial strength of the Company WHEREAS, the Company has determined that appropriate arrangements should be taken to encourage the continued attention and dedication of the Executive to his assigned duties without distraction and WHEREAS, in consideration of the Executive146s employment with the Company, the Company desires to provide the Executive with certain compensation and benefits as set forth in this Agreement in order to ameliorate the financial and career impact on the Executive in the event the Executive146s employment with the Company is terminated for a reason related to, or unrelated to, a Change in Control (as defined below) of the Company. NOW, THEREFORE, in consideration of the foregoing and the mutual covenants and agreements hereinafter set forth and intending to be legally bound hereby, the Company and the Executive agree as follows: 1. Certain Defined Terms . In addition to terms defined elsewhere herein, the following terms have the following meanings when used in this Agreement with initial capital letters: (a) 147Annual Base Salary148 means the Executive146s annual base salary rate, exclusive of bonuses, commissions and other incentive pay, as in effect immediately preceding Executive146s Termination Date. As of the Effective Date, Executive146s annual base salary is 1,000,000. (b) 147Board148 means the Board of Directors of the Company. (c) 147Cause148 means: (i) an intentional tort (excluding any tort relating to a motor vehicle) which causes substantial loss, damage or injury to the property or reputation of the Company or its subsidiaries (ii) any serious crime or intentional, material act of fraud or dishonesty against the Company (iii) the commission of a felony that results in other than immaterial harm to the Company146s business or to the reputation of the Company or Executive (iv) habitual neglect of Executive146s reasonable duties (for a reason other than illness or incapacity) which is not cured within ten (10) days after written notice thereof by the Board to the Executive (v) the disregard of written, material policies of the Company or its subsidiaries which causes other than immaterial loss, damage or injury to the property or reputation of the Company or its subsidiaries which is not cured within ten (10) days after written notice thereof by the Board to the Executive or (vi) any material breach of the Executive146s ongoing obligation not to disclose confidential information and not to assign intellectual property developed during employment which, if capable of being cured, is not cured within ten (10) days after written notice thereof by the Board to the Executive. (d) 147Change in Control148 means: (i) any person or entity becoming the beneficial owner, directly or indirectly, of securities of the Company representing forty (40) percent of the total voting power of all its then outstanding voting securities (ii) a merger or consolidation of the Company in which its voting securities immediately prior to the merger or consolidation do not represent, or are not converted into securities that represent, a majority of the voting power of all voting securities of the surviving entity immediately after the merger or consolidation (iii) a sale of substantially all of the assets of the Company or a liquidation or dissolution of the Company or (iv) individuals who, as of the date of the signing of this Agreement, constitute the Board of Directors (the 147Incumbent Board148) cease for any reason to constitute at least a majority of such Board provided that any individual who becomes a director of the Company subsequent to the date of the signing of this A greement, whose election, or nomination for election by the Company stockholders, was approved by the vote of at least a majority of the directors then in office shall be deemed a member of the Incumbent Board. (e) 147COBRA148 means the Consolidated Omnibus Budget Reconciliation Act of 1986, as amended. (f) 147Disability148 means ( i) the Executive has been incapacitated by bodily injury, illness or disease so as to be prevented thereby from engaging in the performance of the Executive146s duties (provided, however, that the Company acknowledges its obligations to provide reasonable accommodation to the extent required by applicable law) (ii) such total incapacity shall have continued for a period of six (6) consecutive months and (iii) such incapacity will, in the opinion of a qualified physician, be permanent and continuous during the remainder of the Executive146s life. (g) 147Good Reason Termination148 means: (i) a material diminution in the Executive146s base compensation or target bonus below the amount as of the date of this Agreement or as increased during the course of his employment with the Company, excluding one or more reductions (totaling no more than 20 in the aggregate) generally applicable to all senior executives provided, however, that such exclusion shall not apply if the material diminution in the Executive146s base compensation occurs within (A) 60 days prior to the consummation of a Change in Control where such Change in Control was under consideration at the time of Executive146s Termination Date or (B) twelve (12) months after the date upon which such a Change in Control occurs (ii) a material diminution in the Executive146s authority, duties or responsibilities (iii) a requirement that that the Executive report to a corporate officer or employee of the Company instead of reporting directly to the Board (or if the Company has a p arent corporation, a requirement that the Executive report to any individual or entity other than the board of the ultimate parent corporation of the Company) (iv) a material diminution in the budget over which the Executive retains authority (v) a material change in the geographic location at which the Executive must perform services or (vi) any action or inaction that constitutes a material breach by the Company of this Agreement provided, however, that for the Executive to be able to terminate his employment with the Company on account of Good Reason he must provide notice of the occurrence of the event constituting Good Reason and his desire to terminate his employment with the Company on account of such within ninety (90) days following the initial existence of the condition constituting Good Reason, and the Company must have a period of thirty (30) days following receipt of such notice to cure the condition. If the Company does not cure the event constituting Good Reason within such thirty (30) day period, the Executive146s Termination Date shall be the day immediately following the end of such thirty (30) day period, unless the Company provides for an earlier Termination Date. (h) 147Target Bonus148 means the target payout (i. e. at 100 achievement of each of the applicable metric(s) in effect from time to time) under the Company146s Executive Annual Incentive Plan in effect for the Executive as of the Termination Date. As of the Effective Date, Executive146s target bonus percentage under the Executive Annual Incentive Plan is 150 of annual base salary. (i) 147Termination Date148 means the last day of Executive146s employment with the Company. (j) 147Termination of Employment148 means the termination of Executive146s active employment relationship with the Company. 2. Termination Unrelated to a Change in Control . (a) Involuntary Termination Unrelated to a Change in Control . In the event of: (i) an involuntary termination of Executive146s employment by the Company for any reason other than Cause, death or Disability, or (ii) Executive146s resignation for Good Reason, and if Section 3 does not apply, Executive shall be entitled to the benefits provided in subsection (b) of this Section 2. (b) Compensation Upon Termination Unrelated to a Change in Control . Subject to the provisions of Section 5 hereof, in the event a termination described in subsection (a) of this Section 2 occurs, the Company shall provide Executive with the following, provided that Executive executes and does not revoke the Release (as defined in Section 5): (i) 1.5 times the sum of Annual Base Salary and Target Bonus , paid in a single lump sum cash payment on the sixtieth (60th) day following Executive146s Termination Date. (For purposes of this subsection (i), Annual Base Salary will mean the largest among the following: Executive146s annual base salary immediately prior to (A) Executive146s Termination Date, or (B) any reduction of Executive146s base salary described in the first clause of subsection (i) in the definition of Good Reason. For purposes of this subsection (i), Target Bonus will mean the largest among the following: Executive146s target bonus immediately prior to (A) Executive146s Termination Date, or (B) any reduction of Executive146s target bonus described in the first clause of subsection (i) in the definition of Good Reason.) (ii) For a period of up to eighteen (18) months following Executive146s Termination Date, Executive and where applicable, Executive146s spouse and eligible dependents, will continue to be eligible to receive medical coverage under the Company146s medical plans in accordance with the terms of the applicable plan documents provided, that in order to receive such cont inued coverage at such rates, Executive will be required to pay the applicable premiums to the plan provider, and the Company will reimburse the Executive, within 60 days following the date such monthly premium payment is due, an amount equal to the monthly COBRA premium payment, less applicable tax withholdings. Notwithstanding the foregoing, if Executive obtains full-time employment during this eighteen (18) month period that entitles him and his spouse and eligible dependents to comprehensive medical coverage, Executive must notify the Company and no further reimbursements will be paid by the Company to the Executive pursuant to this subsection. In addition, if Executive does not pay the applicable monthly COBRA premium for a particular month at any time during the eighteen (18) month period and coverage is lost as a result, no further reimbursements will be paid by the Company to the Executive pursuant to this subsection. Notwithstanding the above, if the Company determines in its sole discretion that it cannot provide the foregoing COBRA benefits without potentially violating applicable law (including, without limitation, Section 2716 of the Public Health Service Act), the Company shall in lieu thereof provide to Executive a taxable lump-sum payment in an amount equal to the monthly (or then remaining) COBRA premium that Executive would be required to pay to continue his group health coverage in effect on the Termination Date (which amount shall be based on the premium for the first month of COBRA coverage). (iii) With respect to any outstanding Company stock options held by the Executive as of his Termination Date that are not vested and exercisable as of such date, the Company shall accelerate the vesting of that portion of the Executive146s stock options, if any, which would have vested and become exercisable within the eighteen (18) month period after the Executive146s Termination Date, such options (as well as any outstanding stock options that previously became vested and exercisable) to remain exercisable, notwithstanding anything in any other agreement governing such options, until the earlier of (A) a period of one year after the Executive146s Termination Date, or (B) the original term of the option. Except as provided in this Section 2(b)(iii) and in Section 3(b)(iii) below, any portion of Executive146s outstanding stock options that are not vested and exercisable as of Executive146s Termination Date shall terminate. (iv) With respect to any restricted stock units representing shares of Company common stock (147Restricted Stock Units148) held by the Executive that are unvested at the time of his Termination Date, the number of unvested Restricted Stock Units that would have vested within the eighteen (18) month period after the Executive146s Termination Date shall vest, and settle not later than sixty (60) days following the Termination Date. Except as provided in this Section 2(b)(iv) and in Section 3(b)(iv) below, any Restricted Stock Units that are not vested as of Executive146s Termination Date shall terminate. (v) Any amounts that have been accrued for the account of the Executive under the Company146s Long Term Incentive Plan (147LTIP148) that have not been released to the Executive as of the Termination Date shall be released to the executive, as applicable, in accordance with the terms of any applicable LTIP then in effect under the circumstances described therein as an involuntary termination other than for cause. (vi) With respect to any Performance-based Restricted Stock Units (147PRUs148) held by the Executive that have not been released to the Executive pursuant to the terms of the applicable Performance Based Restricted Share Unit Award Agreement (the 147PRU Agreement148) as of the Termination Date shall be treated in accordance with the terms of the applicable PRU Agreement as an involuntary termination other than for cause. (vii) With respect to any Performance Contingent Stock Units (147PCSUs148) held by the Executive that have not been released to the Executive pursuant to the terms of the applicable Performance Contingent Stock Unit Agreement (the 147PCSU Agreement148) as of the Termination Date shall be treated in accordance with the terms of the applicable PCSU Agreement as an involuntary termination other than for cause. (viii) Executive shall receive any amounts earned, accrued or owing but not yet paid to Executive as of his Termination Date, payable in a lump sum, and any benefits accrued or earned in accordance with the terms of any applicable benefit plans and programs of the Company. 3. Termination Related to a Change in Control . (a) Involuntary Termination Relating to a Change in Control . In the event Executive146s employment is terminated on account of (i) an involuntary termination by the Company for any reason other than Cause, death or Disability, or (ii) the Executive voluntarily terminates employment with the Company on account of a resignation for Good Reason, in either case that occurs (x) at the same time as, or within the twelve (12) month period following, the consummation of a Change in Control or (y) within the sixty (60) day period prior to the date of a Change in Control where the Change in Control was under consideration at the time of Executive146s Termination Date, then Executive shall be entitled to the benefits provided in subsection (b) of this Section 3. (b) Compensation Upon Involuntary Termination Relating to a Change in Control . Subject to the provisions of Section 5 hereof, in the event a termination described in subsection (a) of this Section 3 occurs, the Company shall provide that the following be paid to the Executive after his Termination Date, provided that Executive executes and does not revoke the Release: (i) 2.0 times the sum of Annual Base Salary and Target Bonus, paid in a single lump sum cash payment on the sixtieth (60th) day following Executive146s Termination Date. Notwithstanding the foregoing, to the extent Executive is entitled to receive the severance benefit payable pursuant to Section 2(b)(i) as a result of a qualifying termination prior to a Change in Control and then becomes entitled to receive the severance benefit payable pursuant to this Section 3 as a result of the Change in Control that was considered at the time of Executive146s Termination Date becoming consummated within sixty (60) days following Executive146s Termination Date, Executive shall not receive the severance benefit payable pursuant to Section 2(b)(i) of this Agreement, but instead shall receive the severance benefit payable pursuant to this Section 3(b)(i) on the sixtieth (60th) day following Executive146s Termination Date. (For purposes of this subsection (i), Annual Base Salary will mean the largest among the following: Executive146s annual base salary immediately prior to (A) Executive146s Termination Date, (B) any reduction of Executive146s base salary described in the first clause of subsection (i) in the definition of Good Reason, or (C) immediately prior to the Change in Control. For purposes of this subsection (i), Target Bonus will mean the largest among the following: Executive146s target bonus (A) immediately prior to Executive146s Termination Date, (B) immediately prior to any reduction of Executive146s target bonus described in the first clause of subsection (i) in the definition of Good Reason, (C) immediately prior to the Change in Control, or (d) for the fiscal year preceding the year in which the Change in Control.) (ii) For a period of up to twenty-four (24) months following Executive146s Termination Date, Executive and where applicable, Executive146s spouse and eligible dependents, will continue to be eligible to receive medical coverage under the Company146s medical plans in accordance with the terms of the applicable plan documents provided, that in order to receive such continued coverage at such rates, Executive will be required to pay the applicable premiums to the plan provider, and the Company will reimburse the Executive, within sixty (60) days following the date such monthly premium payment is due, an amount equal to the monthly COBRA (or, as applicable, other) premium payment, less applicable tax withholdings. Notwithstanding the foregoing, if Executive obtains full-time employment during this twenty-four (24) month period that entitles him and his spouse and eligible dependents to comprehensive medical coverage, Executive must notify the Company and no further reimbursements will be paid by the Company to the Executive pursuant to this subsection. In addition, if Executive does not pay the applicable monthly COBRA (or other) premium for a particular month at any time during the twenty-four (24) month period and coverage is lost as a result, no further reimbursements will be paid by the Company to the Executive pursuant to this subsection. Notwithstanding the foregoing, to the extent Executive is entitled to receive the severance benefit provided pursuant to Section 2(b)(ii) of the Agreement as a result of a qualifying termination prior to a Change in Control, if Executive becomes entitled to receive the severance benefits payable pursuant to this Section 3 as a result of the Change in Control that was considered at the time of Executive146s Termination Date becoming consummated within sixty (60) days following Executive146s Termination Date, Executive shall be entitled to receive the severance benefit provided pursuant to this clause (ii) and not the benefit provided pursuant to Section 2(b)(ii). Notwithstanding the above, if the Company determines in its sole discretion that it cannot provide the foregoing COBRA benefits without potentially violating applicable law (including, without limitation, Section 2716 of the Public Health Service Act), the Company shall in lieu thereof provide to Executive a taxable lump-sum payment in an amount equal to the monthly (or then remaining) COBRA premium that Executive would be required to pay to continue his group health coverage in effect on the Termination Date (which amount shall be based on the premium for the first month of COBRA coverage). (iii) With respect to any outstanding Company stock options held by the Executive as of his Termination Date, the Company shall fully accelerate the vesting and exercisability of such stock options, so that all such stock options shall be fully vested and exercisable as of Executive146s Termination Date, such options (as well as any outstanding stock options that previously became vested and exercisable) to remain exercisable, notwithstanding anything in any other agreement governing such options, until the earlier of (A) a period of one year after the Executive146s Termination Date, or (B) the original term of the option. Notwithstanding the foregoing, to the extent Executive is entitled to receive the vesting and exercisability acceleration provided pursuant to Section 2(b)(iii) of the Agreement as a result of a qualifying termination prior to a Change in Control, if Executive becomes entitled to receive the severance benefits payable pursuant to this Section 3 as a result of the Change in Control that was considered at the time of Executive146s Termination Date becoming consummated within sixty (60) days following Executive146s Termination Date, any outstanding stock options that did not become vested and exercisable pursuant to Section 2(b)(iii) shall become vested and exercisable as of the date of the Change in Control provided, however, if a Change in Control does not occur within sixty (60) days following Executive146s Termination Date, any stock options held by Executive that are not vested and exercisable shall terminate as of the sixtieth (60th) day following Executive146s Termination Date or t he end of the term, if earlier. (iv) With respect to any Restricted Stock Units held by the Executive that are unvested at the time of his Termination Date, all such unvested Restricted Stock Units shall vest and settle not later than sixty (60) days following the Termination Date. Notwithstanding the foregoing, to the extent Executive is entitled to receive the vesting acceleration provided pursuant to Section 2(b)(iv) of the Agreement as a result of a qualifying termination prior to a Change in Control, if Executive becomes entitled to receive the severance benefits payable pursuant to this Section 3 as a result of the Change in Control that was considered at the time of Executive146s Termination Date becoming consummated within sixty (60) days following Executive146s Termination Date, any outstanding Restricted Stock Units that did not become vested pursuant to Section 2(b)(iv) shall become vested as of the date of the Change in Control provided, however, if a Change in Control does not occur within sixty (60) days following Executive146s Termination Date, any Restricted Stock Units held by Executive that are not vested shall terminate as of the sixtieth (60th) day following Executive146s Termination Date. (v) Any amounts that have been accrued for the account of the Executive under the LTIP that have not been released to the Executive as of the Termination Date shall be released to the executive, as applicable, in accordance with the terms of any applicable LTIP then in effect under the circumstances described therein as a 147Change of Control of the Company148 (as defined therein).With respect to any PRUs held by the Executive that have not been released to the Executive pursuant to the terms of the applicable PRU Agreement as of the Termination Date shall be treated in accordance with the terms of the applicable PRU Agreement as a 147Change of Control of the Company148 (as defined therein). (vi) With respect to any PCSUs held by the Executive that have not been released to the Executive pursuant to the terms of the applicable PCSU Agreement as of the Termination Date shall be treated in accordance with the terms of the applicable PCSU Agreement as a 147Change of Control of the Company148 (as defined therein). (vii) Executive shall receive any amounts earned, accrued or owing but not yet paid to Executive as of his Termination Date, payable in a lump sum, and any benefits accrued or earned in accordance with the terms of any applicable benefit plans and programs of the Company. (c) Consequence of a Change in Control . Notwithstanding the terms of the Symantec 2004 Executive Incentive Plan (the 1472004 Plan148), if, as of the date of a Change in Control, Executive holds stock options issued under the 2004 Plan that are not vested and exercisable, such stock options shall become fully vested and exercisable as of the date of the Change in Control if the acquirer does not agree to assume or substitute for equivalent stock options such outstanding stock options. 4. Termination of Employment on Account of Disability, Death, Cause or Voluntarily Without Good Reason . (a) Termination on Account of Disability . Notwithstanding anything in this Agreement to the contrary, if Executive146s employment terminates on account of Disability, Executive shall be entitled to receive disability benefits under any disability program maintained by the Company that covers Executive, and Executive shall not receive benefits pursuant to Sections 2 and 3 hereof, except that, subject to the provisions of Section 5 hereof, the Executive shall be entitled to the following benefits provided that Executive executes and does not revoke the Release: (i) For a period of up to eighteen (18) months following Executive146s Termination Date, Executive and where applicable, Executive146s spouse and eligible dependents, will continue to be eligible to receive medical coverage under the Company146s medical plans in accordance with the terms of the applicable plan documents provided, that in order to receive such continued coverage at such rates, Executive will be required to pay the applicable premiums to the plan provider, and the Company will reimburse the Executive, within 60 days following the date such monthly premium payment is due, an amount equal to the monthly COBRA premium payment, less applicable tax withholdings. Notwithstanding the foregoing, if Executive obtains full-time employment during this eighteen (18) month period that entitles him and his spouse and eligible dependents to comprehensive medical coverage, Executive must notify the Company and no further reimbursements will be paid by the Company to the Executive pursuant to this subsection. In addition, if Executive does not pay the applicable monthly COBRA premium for a particular month at any time during the eighteen (18) month period and coverage is lost as a result, no further reimbursements will be paid by the Company to the Executive pursuant to this subsection. Notwithstanding the above, if the Company determines in its sole discretion that it cannot provide the foregoing COBRA benefits without potentially violating applicable law (including, without limitation, Section 2716 of the Public Health Service Act), the Company shall in lieu thereof provide to Executive a taxable lump-sum payment in an amount equal to the monthly (or then remaining) COBRA premium that Executive would be required to pay to continue his group health coverage in effect on the Termination Date (which amount shall be based on the premium for the first month of COBRA coverage). (ii) With respect to any outstanding Company stock options held by the Executive as of his Termination Date that are not vested and exercisable as of such date, the Company shall fully accelerate the vesting and exercisability of such stock options, so that all such stock options shall be fully vested and exercisable as of the Executive146s Termination Date, such options (as well as any outstanding stock options that previously became vested and exercisable) to remain exercisable, notwithstanding anything in any other agreement governing such options, until the earlier of (A) a period of one year after the Executive146s Termination Date, or (B) the original term of the option. (iii) With respect to any Restricted Stock Units held by the Executive that are unvested at the time of his Termination Date, all such unvested Restricted Stock Units shall vest and settle not later than sixty (60) days following his Termination Date. (iv) Any amounts that have been accrued for the account of the Executive under the LTIP that have not been released to the Executive as of the Termination Date shall be released to the executive, as applicable, in accordance with the terms of any applicable LTIP then in effect under the circumstances described therein as a termination by reason of total and permanent disability. (v) With respect to any PRUs held by the Executive that have not been released to the Executive pursuant to the terms of the applicable PRU Agreement as of the Termination Date shall be treated in accordance with the terms of the applicable PRU Agreement as a termination of employment by reason of total and permanent disability. (vi) With respect to any PCSUs held by the Executive that have not been released to the Executive pursuant to the terms of the applicable PCSU Agreement as of the Termination Date shall be treated in accordance with the terms of the applicable PCSU Agreement as a termination of employment by reason of total and permanent disability. (b) Termination on Account of Death . Notwithstanding anything in this Agreement to the contrary, if Executive146s employment terminates on account of death, Executive shall be entitled to receive death benefits under any death benefit program maintained by the Company that covers Executive, and Executive not receive benefits pursuant to Sections 2 and 3 hereof, except that, subject to the provisions of Section 5 hereof, the Executive shall be entitled to the following benefits provided that Executive146s estate executes and does not revoke the Release: (i) With respect to any outstanding Company stock options held by the Executive as of his death that are not vested and exercisable as of such date, the Company shall fully accelerate the vesting and exercisability of such stock options, so that all such stock options shall be fully vested and exercisable as of the Executive146s death, such options (as well as any outstanding stock options that previously became vested and exercisable) to remain exercisable, notwithstanding anything in any other agreement governing such options, until the earlier of (A) a period of one year after the Executive146s death or (B) the original term of the option. (ii) With respect to any Restricted Stock Units held by the Executive that are unvested at the time of his death, all such unvested Restricted Stock Units shall vest and settle not later than sixty (60) days following his death. (iii) Any amounts that have been accrued for the account of the Executive under the LTIP that have not been released to the Executive as of his death shall be released to the executive, as applicable, in accordance with the terms of any applicable LTIP then in effect under the circumstances described therein as a termination by reason of death. (iv) With respect to any PRUs held by the Executive that have not been released to the Executive pursuant to the terms of the applicable PRU Agreement as of his death shall be treated in accordance with the terms of the applicable PRU Agreement as a termination of employment by reason of death. (v) With respect to any PCSUs held by the Executive that have not been released to the Executive pursuant to the terms of the applicable PCSU Agreement as of his death shall be treated in accordance with the terms of the applicable PCSU Agreement as a termination of employment by reason of death. (c) Termination on Account of Cause . Notwithstanding anything in this Agreement to the contrary, if Executive146s employment terminates by the Company on account of Cause, Executive shall not receive benefits pursuant to Sections 2 and 3 hereof. (d) Termination on Account of Voluntary Resignation Without Good Reason . Notwithstanding anything in this Agreement to the contrary, if Executive146s employment terminates on account of a resignation by Executive for no reason or any reason other than on account of Good Reason, Executive shall not receive benefits pursuant to Sections 2 and 3 hereof. 5. Release . Notwithstanding the foregoing, no payments or other benefits under this Agreement shall be made unless Executive executes, and does not revoke, the Company146s standard written release , substantially in the form as attached hereto as Annex A, (the 147Release148), of any and all claims against the Company and all related parties with respect to all matters arising out of Executive146s employment by the Company (other than entitlements under the terms of this Agreement or under any other plans or programs of the Company in which Executive participated and under which Executive has accrued or become entitled to a benefit) or a termination thereof, with such release being effective not later than sixty (60) days following Executive146s Termination Date. 6. No Mitigation Obligation . Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise, nor shall the amount of any payment or benefit provided for herein be reduced by any compensation earned by other employment or otherwise. 7. Employment Rights . Nothing expressed or implied in this Agreement will create any right or duty on the part of the Company or the Executive to have the Executive remain in the employment of the Company or any subsidiary prior to or following any Change in Control. 8. PRU Agreement . Notwithstanding the provisions of the PRU Agreement, Executive146s Conditional PRU Award for the Performance Period beginning in fiscal year 2012 and ending at the end of fiscal year 2014 shall be not less than 80,000 PRUs (capitalized terms used in this Section 8 but not defined herein shall have the meanings ascribed to them in the PRU Agreement). (a) Withholding of Taxes . The Company may withhold from any amounts payable under this Agreement all federal, state, city or other taxes as the Company is required to withhold pursuant to any applicable law, regulation or ruling. (b) Parachute Excise Tax. In the event that any amounts payable under this Agreement or otherwise to Executive would (i) constitute 147parachute payments148 within the meaning of section 280G of the Internal Revenue Code of 1986, as amended (the 147Code148), or any comparable successor provisions and (ii) but for this Subsection (b) would be subject to the excise tax imposed by section 4999 of the Code or any comparable successor provisions (the 147Excise Tax148), then such amounts payable to Executive hereunder shall be either: (i) Provided to Executive in full or (ii) Provided to Executive to the maximum extent that would result in no portion of such benefits being subject to the Excise Tax whichever of the foregoing amounts, when taking into account applicable federal, state, local and foreign income and employment taxes, the Excise Tax and any other applicable taxes, results in the receipt by Executive, on an after-tax basis, of the greatest amount of benefits, notwithstanding that all or some portion of su ch benefits may be taxable under the Excise Tax. Unless the Company and Executive otherwise agree in writing, any determination required under this Subsection (b) shall be made in writing in good faith by a nationally recognized accounting firm (the 147Accountants148). In the event of a reduction in benefits hereunder, the reduction of the total payments shall apply as follows, unless otherwise agreed in writing and such agreement is in compliance with section 409A of the Code: (i) any cash severance payments subject to Section 409A of the Code due under this Agreement shall be reduced, with the last such payment due first forfeited and reduced, and sequentially thereafter working from the next last payment, (ii) any cash severance payments not subject to Section 409A of the Code due under this Agreement shall be reduced, with the last such payment due first forfeited and reduced, and sequentially thereafter working from the next last payment (iii) any acceleration of vesting of any equity subject to Section 409A of the Code shall remain as originally scheduled to vest, with the tranche that would vest last (without any such acceleration) first remaining as originally scheduled to vest and (iv) any acceleration of vesting of any equity not subject to Section 409A of the Code shall remain as originally scheduled to vest, with the tranche that would vest last (without any such acceleration) first remaining as originally scheduled to vest. For purposes of making the calculations required by this Subsection (b), the Accountants may make reasonable assumptions and approximations concerning applicable taxes and may rely on reasonable, good-faith interpretations concerning the application of the Code and other applicable legal authority. The Company and Executive shall furnish to the Accountants such information and documents as the Accountants may reasonably request in order to make a determination under this Subsection (b). The Company shall bear all costs that the Accountants may reasonably incur in connection with any calculations contemplated by this Subsection (b). If, notwithstanding any reduction described in this Subsection (b), the Internal Revenue Service (147IRS148) determines that Executive is liable for the Excise Tax as a result of the receipt of amounts payable under this Agreement or otherwise as described above, then Executive shall be obligated to pay back to the Company, within thirty (30) days after a final IRS determination or, in the event that Executive challenges the final IRS determination, a final judicial determination, a portion of such amounts equal to the Repayment Amount. The 147Repayment Amount148 with respect to the payment of benefits shall be the smallest such amount, if any, that is required to be paid to the Company so that Executive146s net after-tax proceeds with respect to any payment of benefits (after taking into account the payment of the Excise Tax and all other applicable taxes imposed on such payment) are maximized. The Repayment Amount with respect to the payment of benefits shall be zero if a Repayment Amount of more than zero would not result in Executive146s net after-tax proceeds with respect to the payment of such benefits being maximized. If the Excise Tax is not eliminated pursuant to this paragraph, Executive shall pay the Excise Tax. Notwithstanding any other provision of this Subsection (b), if (i) there is a reduction in the payment of benefits as described in this Subsection (b), (ii) the IRS later determines that Executive is liable for the Excise Tax, the payment of which would result in the maximization of Executive146s net after-tax proceeds (calculated as if Executive146s benefits had not previously been reduced), and (iii) Executive pays the Excise Tax, then the Company shall pay to Executive those benefits which were reduced pursuant to this Subsection (b) as soon as administratively possible after Executive pays the Excise Tax, so that Executive146s net after-tax proceeds with respect to the payment of benefits are maximized. 10. Term of Agreement . This Agreement shall continue in full force and effect until the third anniversary of the Effective Date (the 147Initial Term148), and shall automatically renew for additional one (1) year renewal periods (a 147Renewal Term148) if Executive is employed by the Company on the last day of the Initial Term and on each Renewal Term provided, however, that within the sixty (60) to ninety (90) day period prior to the expiration of the Initial Term or any Renewal Term, at its discretion, the Board may propose for consideration by Executive, such amendments to the Agreement as it deems appropriate. If Executive146s employment with the Company terminates during the Initial Term or a Renewal Term, this Agreement shall remain in effect until all of the obligations of the parties hereunder are satisfied or have expired. 11. Successors and Binding Agreement . (a) The Company will require any successor (whether direct or indirect, by purchase, merger, consolidation, reorganization or otherwise) to all or substantially all of the business or assets of the Company, by agreement in form and substance reasonably satisfactory to the Executive, expressly to assume and agree to perform this Agreement in the same manner and to the same extent the Company would be required to perform if no such succession had taken place. This Agreement will be binding upon and inure to the benefit of the Company and any successor to the Company, including without limitation any persons acquiring directly or indirectly all or substantially all of the business or assets of the Company whether by purchase, merger, consolidation, reorganization or otherwise (and such successor will thereafter be deemed the 147Company148 for the purposes of this Agreement), but will not otherwise be assignable, transferable or delegable by the Company. (b) This Agreement will inure to the benefit of and be enforceable by the Executive146s personal or legal representatives, executors, administrators, successors, heirs, distributees and legatees. This Agreement will supersede the provisions of any employment, severance or other agreement between the Executive and the Company that relate to any matter that is also the subject of this Agreement, and such provisions in such other agreements will be null and void. (c) This Agreement is personal in nature and neither of the parties hereto will, without the consent of the other, assign, transfer or delegate this Agreement or any rights or obligations hereunder except as expressly provided in Sections 10(a) and 10(b). Without limiting the generality or effect of the foregoing, the Executive146s right to receive payments hereunder will not be assignable, transferable or delegable, whether by pledge, creation of a security interest, or otherwise, other than by a transfer by the Executive146s will or by the laws of descent and distribution and, in the event of any attempted assignment or transfer contrary to this Section 10(c), the Company will have no liability to pay any amount so attempted to be assigned, transferred or delegated. 12. Notices . For all purposes of this Agreement, all communications, including without limitation notices, consents, requests or approvals, required or permitted to be given hereunder will be in writing and will be deemed to have been duly given when hand delivered or dispatched by electronic facsimile transmission (with receipt thereof orally confirmed), or five (5) business days after having been mailed by United States registered or certified mail, return receipt requested, postage prepaid, or three business days after having been sent by a nationally recognized overnight courier service such as FedEx or UPS, addressed to the Company (to the attention of the Secretary of the Company) at its principal executive office and to the Executive at his principal residence, or to such other address as any party may have furnished to the other in writing and in accordance herewith, except that notices of changes of address will be effective only upon receipt. 13. Section 409A of the Code . (a) Interpretation . Notwithstanding the other provisions hereof, this Agreement is intended to comply with the requirements of section 409A of the Code, to the extent applicable, and this Agreement shall be interpreted to avoid any penalty sanctions under section 409A of the Code. Accordingly, all provisions herein, or incorporated by reference, shall be construed and interpreted to comply with section 409A of the Code and, if necessary, any such provision shall be deemed amended to comply with section 409A of the Code and regulations thereunder. If any payment or benefit cannot be provided or made at the time specified herein without incurring sanctions under section 409A of the Code, then such benefit or payment shall be provided in full at the earliest time thereafter when such sanctions will not be imposed. Any amount payable under this Agreement that constitutes deferred compensation subject to section 409A of the Code shall be paid at the time provided under this Agreement or such other time as permitted under section 409A of the Code. No interest will be payable with respect to any amount paid within a time period permitted by, or delayed because of, section 409A of the Code. All payments to be made upon a termination of employment under this Agreement that are deferred compensation may only be made upon a 147separation from service148 under section 409A of the Code. For purposes of section 409A of the Code, each payment made under this Agreement shall be treated as a separate payment. In no event may Executive, directly or indirectly, designate the calendar year of payment. (b) Payment Delay . To the maximum extent permitted under section 409A of the Code, the severance benefits payable under this Agreement are intended to comply with the 147short-term deferral exception148 under Treas. Reg. 1671.409A-1(b)(4), and any remaining amount is intended to comply with the 147separation pay exception148 under Treas. Reg. 1671.409A-1(b)(9)(iii) provided, however, any amount payable to Executive during the six (6) month period following Executive146s Termination Date that does not qualify within either of the foregoing exceptions and constitutes deferred compensation subject to the requirements of section 409A of the Code, then such amount shall hereinafter be referred to as the 147Excess Amount.148 If at the time of Executive146s separation from service, the Company146s (or any entity required to be aggregated with the Company under section 409A of the Code) stock is publicly-traded on an established securities market or otherwise and Executive is a 147specified employee148 (as defined in section 409A of the Code and determined in the sole discretion of the Company (or any successor thereto) in accordance with the Company146s (or any successor thereto) 147specified employee148 determination policy), then the Company shall postpone the commencement of the payment of the portion of the Excess Amount that is payable within the six (6) month period following Executive146s Termination Date with the Company (or any successor thereto) for six (6) months following Executive146s Termination Date with the Company (or any successor thereto). The delayed Excess Amount shall be paid in a lump sum to Executive within ten (10) days following the date that is six (6) months following Executive146s Termination Date with the Company (or any successor thereto). If Executive dies during such six (6) month period and prior to the payment of the portion of the Excess Amount that is required to be delayed on account of section 409A of the Code, such Excess Amount shall be paid to the personal representative of Executive146s estate within sixty (60) days after Executive146s death. (c) Reimbursements . All reimbursements provided under this Agreement shall be made or provided in accordance with the requirements of section 409A of the Code, including, where applicable, the requirement that (i) any reimbursement is for expenses incurred during Executive146s lifetime (or during a shorter period of time specified in this Agreement), (ii) the amount of expenses eligible for reimbursement during a calendar year may not affect the expenses eligible for reimbursement in any other calendar year, (iii) the reimbursement of an eligible expense will be made on or before the last day of the taxable year following the year in which the expense is incurred, and (iv) the right to reimbursement is not subject to liquidation or exchange for another benefit. Any tax gross up payments to be made hereunder shall be made not later than the end of Executive146s taxable year next following Executive146s taxable year in which the related taxes are remitted to the taxing authority. 14. Governing Law . The validity, interpretation, construction and performance of this Agreement will be governed by and construed in accordance with the substantive laws of the State of California, without giving effect to the principles of conflict of laws of such State. 15. Validity . If any provision of this Agreement or the application of any provision hereof to any person or circumstances is held invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances will not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or legal. 16. Miscellaneous . No provision of this Agreement may be modified, waived or discharged unless such waiver, modification or discharge is agreed to in writing signed by the Executive and the Company. No waiver by either party hereto at any time of any breach by the other party hereto or compliance with any condition or provision of this Agreement to be performed by such other party will be deemed a waiver of similar or dissimilar provisions or conditions at the same or at any prior or subsequent time. No agreements or representations, oral or otherwise, expressed or implied with respect to the subject matter hereof have been made by either party that are not set forth expressly in this Agreement. References to Sections are to references to Sections of this Agreement. Any reference in this Agreement to a provision of a statute, rule or regulation will also include any successor provision thereto. 17. Board Membership . At each annual meeting of the Company146s stockholders prior to the Termination Date, the Company will nominate Executive to serve as a member of the Board. Executive146s service as a member of the Board will be subject to any required stockholder approval. Upon the termination of Executive146s employment for any reason, unless otherwise requested by the Board, Executive agrees to resign from the Board (and all other positions held at the Company and its affiliates), and Executive, at the Board146s request, will execute any documents necessary to reflect his resignation. 18. Indemnification and DampO Insurance . Executive will be provided indemnification to the maximum extent permitted by the Company146s and its subsidiaries146 and affiliates146 Articles of Incorporation or Bylaws, including, if applicable, any directors and officers insurance policies, with such indemnification to be on terms determined by the Board or any of its committees, but on terms no less favorable than provided to any other Company executive officer or director and subject to the terms of any separate written indemnification agreement. 19. Employee Benefits . Executive will be eligible to participate in the Company employee benefit plans, policies and arrangements that are applicable to other executive officers of the Company, as such plans, policies and arrangements may exist from time to time and on terms at least as favorable as provided to any other executive officer of the Company. 20. No Duplication of Benefits . The benefits provided to Executive in this Agreement shall offset substantially similar benefits provided to Executive pursuant to another Company policy, plan or agreement (including without limitation the Symantec Corporation Executive Severance Plan and the Symantec Corporation Executive Retention Plan). 21. Survival . Notwithstanding any provision of this Agreement to the contrary, the parties146 respective rights and obligations under Sections 2 and 3, will survive any termination or expiration of this Agreement or the termination of the Executive146s employment for any reason whatsoever. 22. Counterparts . This Agreement may be executed in one or more counterparts, each of which will be deemed to be an original but all of which together will constitute one and the same agreement. IN WITNESS WHEREOF, the parties have caused this Agreement to be duly executed and delivered as of the date first above written. RELEASE OF CLAIMS This Release of Claims (147Agreement148) is made by and between Symantec Corporation (147Symantec148) and Steve Bennett. WHEREAS, you have agreed to enter into a release of claims in favor of Symantec upon certain events specified in the Executive Employment Agreement by and between Symantec and you NOW, THEREFORE, in consideration of the mutual promises made herein, Symantec and you agree as follows: 1. Termination Date. This means the last day of your employment with Symantec. 2. Acknowledgement of Payment of Wages. You acknowledge that Symantec has paid you all accrued wages, salary, bonuses, accrued but unused vacation pay and any similar payment due and owing, with the exception of the payments and benefits owed to you under the Executive Employment Agreement and or under any equity-based compensation awards. 3. Confidential Information. You hereby acknowledge that you are bound by all confidentiality agreements that you entered into with Symantec and or any and all past and current parent, subsidiary, related, acquired and affiliated companies, predecessors and successors thereto (which agreements are incorporated herein by this reference), that as a result of your employment you have had access to the Confidential Information (as defined in such agreement(s)), that you will hold all such Confidential Information in strictest confidence and that you may not make any use of such Confidential Information on behalf of any third party. You further confirm that within five business days following the Termination Date you will deliver to Symantec all documents and data of any nature containing or pertaining to such Confidential Information and that you will not take with you any such documents or data or any reproduction thereof. 4. Release and Waiver of All Claims. You waive any limitation on this release under California Civil Code Section 1542 which provides that a general release does not extend to claims which a person does not know or suspect to exist in his favor at the time of executing the release which, if known, must have materially affected his her decision to grant the release. In consideration of the benefits provided in this Agreement, you release Symantec, and any and all past, current and future parent, subsidiary, related and affiliated companies, predecessors and successors thereto, as well as their officers, directors, shareholders, agents, employees, affiliates, representatives, attorneys, insurers, successors and assigns, from any and all claims, liability, damages or causes of action whatsoever, whether known or unknown, which exist or may in the future exist arising from or relating to events, acts or omissions on or before the Effective Date of this Agreement, other than those rights which as a matter of law cannot be waived. You understand and acknowledge that this release includes, but is not limited to any claim for reinstatement, re-employment, damages, attorney fees, stock options, bonuses or additional compensation in any form, and any claim, including but not limited to those arising under tort, contract and local, state or federal statute, including but not limited to Title VII of the Civil Rights Act of 1964, the Civil Rights Act of 1991, the Post Civil War Civil Rights Act (42 U. S.C. 1981-88), the Equal Pay Act, the Age Discrimination in Employment Act, the Americans with Disabilities Act, the Vietnam Era Veterans Readjustment Assistance Act, the Fair Labor Standards Act, the Family Medical Leave Act of 1993, the Uniformed Services Employment and Re-employment Rights Act, the Employee Retirement Income Security Act of 1974, and the civil rights, employment, and labor laws of any state and any regulation under such authorities relating to your employment or association with Symantec or the terminat ion of that relationship. You also acknowledge that you are waiving and releasing any rights you may have under the Age Discrimination in Employment Act (ADEA) and that this waiver and release is knowing and voluntary. You acknowledge that (1) you have been, and hereby are, advised in writing to consult with an attorney prior to executing this Agreement (2) as consideration for executing this Agreement, you have received additional benefits and compensation of value to which you would otherwise not be entitled, and (3) by signing this Agreement, you will not waive rights or claims under the Act which may arise after the execution of this Agreement and (4) you have twenty-one (21) calendar days within which to consider this Agreement and in the event you sign the Agreement prior to 21days, you do so voluntarily. Once you have accepted the terms of this Agreement, you will have an additional seven (7) calendar days in which to revoke such acceptance. To revoke, you must send a written statement of revocation to the Vice President of Human Resources. If you revoke within seven (7) days, you will receive no benefits under this Agreement. In the event you do not exercise your right to revoke this Agreement, the Agreement shall become effective on the date immediately following the seven-day (7) waiting period described above. This release does not waive any rights you may have under any directors and officers insurance or indemnity provision, agreement or policy in effect as of the Termination Date, nor does it affect vested rights you may have under any equity-based compensation plan, retirement plan, 401(k) plan or other benefits plan. 5. No Pending or Future Lawsuits. You represent that you have no lawsuits, claims, or actions pending in your name or on behalf of any other person or entity, against Symantec or any other person or entity referred to herein. You also represent that you do not intend to bring any claims on your own behalf or on behalf of any other person or entity against Symantec or any other person or entity referred to herein. 6. Resignation from Board. You agree that you will offer your resignation from the Board of Directors effective upon your Termination Date. The Board may accept or reject your offer of resignation within its sole and absolute discretion. 7. Non disparagement. You agree that you will not, whether orally or in writing, make any disparaging statements or comments, either as fact or as opinion, about Symantec or its products and services, business, technologies, market position, agents, representatives, directors, officers, shareholders, attorneys, employees, vendors, affiliates, successors or assigns, or any person acting by, through, under or in concert with any of them. 8. Additional Terms

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