EXHIBIT 10.29
OPLINK COMMUNICATIONS, INC.
2000 STOCK PLAN
STOCK OPTION AGREEMENT
Oplink Communications, Inc. (the "Company") hereby grants an option to
purchase Shares of its Common Stock to the optionee named below on the terms and
conditions set forth in this cover sheet and the Company's 2000 Stock Plan
attached hereto (together, the "Stock Option Agreement"):
Grant Number: 200001027
Optionee ID: 1505
Date of Grant: 11/7/2001
Vesting Commencement Date: 11/5/2001
Exercise Price Per Share: $1.25
Total Number of Shares Granted: 500,000
Type of Option: Incentive Stock Option
Expiration Date: 11/7/2011
Exercise Schedule:
-----------------
The option granted hereunder may be exercised, in whole or in part, based
on the vesting schedule as set forth below.
Twenty-five percent (25%) of the Option shall vest on the one year
anniversary of the Vesting Commencement Date and an additional 1/48th of the
Option shall vest at the end of each full month thereafter, provided, however.
-----------------
In the event of a "Change of Control" (based on the definition set forth in that
certain Employment Offer Letter dated October 26, 2001, by and between you and
the Company (the "Employment Offer Letter")) or if you are terminated without a
"Cause" (as defined in the Employment Offer Letter) within the first year of
your employment with the Company, the vesting of one-fourth (1/4th) of your
Option shall be accelerated immediately upon the Closing of the Change of
Control or Termination without cause.
By signing this cover sheet, you agree that this Stock Option Agreement is
subject to the terms and conditions of this cover sheet and the 2000 Stock Plan
which is attached hereto and made a part of this document.
OPTIONEE: Oplink Communications, Inc.
A Delaware corporation
/s/ C A Xxxxxxx By: /s/ Xxxxxxxxx Xxxxx
---------------------------- -----------------------------------
Xxxxxxxxx X Xxxxxxx Xxxxxxxxx Xxxxx, President and CEO
