Exhibit
99.1
SYSCO CORPORATION
2007 STOCK INCENTIVE PLAN
2007 STOCK OPTION AGREEMENT
Under
the terms and conditions of the Sysco Corporation 2007 Stock
Incentive Plan (the “Plan”), a copy of which is
incorporated into this Agreement by reference, Sysco
Corporation (the “Corporation” or
“SYSCO”) grants to ______________________ (the
“Optionee”) the option to purchase ________ shares
of the Corporation’s Common Stock, $1.00 par value, at
the price of $33.39 per share, subject to adjustment as
provided in the Plan (the “Option”).
This
Option shall be for a term of seven years commencing on the
date of grant set forth below and ending on November 12, 2014
and shall be subject to the Terms and Conditions of Stock
Option attached hereto and incorporated in this Agreement by
reference.
When
exercised, all or a portion of this Option may be an incentive
stock option, governed by Section 422 of the Internal Revenue
Code of 1986, as amended.
By
accepting this Option, you accept and agree to be bound by all
of the terms and conditions of the Plan and Terms and
Conditions of Stock Option, and you acknowledge receipt of the
Plan and the Plan Prospectus dated November 9, 2007, which
contains important information, including a discussion of
federal tax consequences, and SYSCO’s 2007 Annual Report
to Shareholders. In the event of any conflict between the
terms of this Option and the Plan, the Plan will
control.
Granted
on November 13, 2007.
SYSCO CORPORATION
____________________________
Richard
J. Schnieders
Chairman
and Chief Executive Officer
TERMS AND CONDITIONS OF STOCK OPTION
| 1. |
Please
carefully review all of the provisions of the Sysco Corporation
2007 Stock Incentive Plan (the “Plan”). In addition to
the conditions set forth in the Plan, the exercise of your option
is contingent upon satisfying the terms and conditions set forth in
this document.
|
| 2. |
The
shares subject to your Option will vest as follows:
|
__________
shares on November 13, 2008;
__________
shares on November 13, 2009;
__________
shares on
| 
