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”):
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Name of
Optionee:
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[Name of
Optionee]
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Total Number
of Option Shares Granted:
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[Total Number
of Shares]
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Type of
Option:
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¨ Incentive Stock Option
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¨ Nonstatutory Stock Option
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Exercise
Price Per Share:
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$
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Grant
Date:
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[Date of
Grant]
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Vesting
Commencement Date:
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[Vesting
Commencement Date]
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Vesting
Schedule:
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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.
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Expiration
Date:
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[Expiration
Date] This Option expires earlier if your Service terminates
earlier, as described in the Stock Option Agreement.
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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.
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OPTIONEE:
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SYNNEX
Corporation
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By:
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Optionee’s Signature
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Title:
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Optionee’s Printed Name
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SYNNEX C ORPORATION
N OTICE OF S
TOCK O PTION G RANT
- 2 -
SYNNEX C
ORPORATION
2003 STOCK INCENTIVE
PLAN
S TOCK O PTION A GREEMENT
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Tax
Treatment
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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.
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Vesting
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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.
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Term
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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.
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Regular
Termination
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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.
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Death
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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.
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Disability
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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).
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Misconduct
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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.
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SYNNEX C ORPORATION
S TOCK O PTION A GREEMENT
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