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2003 STOCK INCENTIVE PLAN NOTICE OF STOCK OPTION GRANT

Equity Incentive Plan Agreement

2003 STOCK INCENTIVE PLAN NOTICE OF STOCK OPTION GRANT | Document Parties: SYNNEX CORPORATION You are currently viewing:
This Equity Incentive Plan Agreement involves

SYNNEX CORPORATION

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Title: 2003 STOCK INCENTIVE PLAN NOTICE OF STOCK OPTION GRANT
Governing Law: Delaware     Date: 7/9/2009
Industry: Computer Networks     Sector: Technology

2003 STOCK INCENTIVE PLAN NOTICE OF STOCK OPTION GRANT, Parties: synnex corporation
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Exhibit 10.2

SYNNEX C ORPORATION

2003 STOCK INCENTIVE PLAN

N OTICE OF S TOCK O PTION G RANT

You have been granted the following Option to purchase Common Stock of SYNNEX Corporation (the “Company”) under the Company’s 2003 Stock Incentive Plan (the “Plan”):

 

Name of Optionee:

  

[Name of Optionee]

Total Number of Option Shares Granted:

  

[Total Number of Shares]

Type of Option:

  

¨ Incentive Stock Option

  

¨ Nonstatutory Stock Option

Exercise Price Per Share:

  

$             

Grant Date:

  

[Date of Grant]

Vesting Commencement Date:

  

[Vesting Commencement Date]

Vesting Schedule:

  

This Option becomes exercisable with respect to the first 12/60 th of the shares subject to this Option when you complete 12 months of continuous “Service” (as defined in the Plan) from the Vesting Commencement Date. Thereafter, this Option becomes exercisable with respect to an additional 1/60 th of the shares subject to this Option when you complete each additional month of Service.

Expiration Date:

  

[Expiration Date] This Option expires earlier if your Service terminates earlier, as described in the Stock Option Agreement.

SYNNEX C ORPORATION

N OTICE OF S TOCK O PTION G RANT

 

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By your signature and the signature of the Company’s representative below, you and the Company agree that this Option is granted under and governed by the term and conditions of the Plan and the Stock Option Agreement, both of which are attached to and made a part of this document.

 

OPTIONEE:

 

 

SYNNEX Corporation

 

 

 

By:

 

 

Optionee’s Signature

 

 

 

 

 

 

Title:

 

 

Optionee’s Printed Name

 

 

 

SYNNEX C ORPORATION

N OTICE OF S TOCK O PTION G RANT

 

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SYNNEX C ORPORATION

2003 STOCK INCENTIVE PLAN

S TOCK O PTION A GREEMENT

 

Tax Treatment

  

This Option is intended to be an incentive stock option under Section 422 of the Internal Revenue Code or a nonstatutory option, as provided in the Notice of Stock Option Grant. Even if this Option is designated as an incentive stock option, it shall be deemed to be a nonstatutory option to the extent required by the $100,000 annual limitation under Section 422(d) of the Internal Revenue Code.

Vesting

  

This Option becomes exercisable in installments, as shown in the Notice of Stock Option Grant. This Option will in no event become exercisable for additional shares after your Service has terminated for any reason.

Term

  

This Option expires in any event at the close of business at Company headquarters on the day before the 10th anniversary of the Grant Date, as shown on the Notice of Stock Option Grant (fifth anniversary for a more than 10% stockholder as provided under the Plan if this is an incentive stock option). This Option may expire earlier if your Service terminates, as described below.

Regular Termination

  

If your Service terminates for any reason except Misconduct, Death or Disability, then this Option will expire at the close of business at Company headquarters on the date three (3) months after the date your Service terminates (or, if earlier, the Expiration Date). The Company has discretion to determine when your Service terminates for all purposes of the Plan and its determinations are conclusive and binding on all persons.

Death

  

If you die, then this Option will expire at the close of business at Company headquarters on the date 12 months after the date your Service terminates (or, if earlier, the Expiration Date). During that period of up to 12 months, your estate or heirs may exercise the Option.

Disability

  

If your Service terminates by reason of Disability, then this Option will expire at the close of business at Company headquarters on the date 12 months after the date your Service terminates (or, if earlier, the Expiration Date).

Misconduct

  

If your Service terminates for Misconduct, then this Option will expire at the close of business at Company headquarters on the date your Service terminates.

SYNNEX C ORPORATION

S TOCK O PTION A GREEMENT

 

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