0000950134-09-000651 Sample Contracts

RIGHTS AGREEMENT Dated as of January 15, 2009 between EMULEX CORPORATION and MELLON INVESTOR SERVICES LLC, as Rights Agent
Rights Agreement • January 16th, 2009 • Emulex Corp /De/ • Computer communications equipment • New York

Agreement, dated as of January 15, 2009, between Emulex Corporation, a Delaware corporation (the “Company”), and Mellon Investor Services LLC, a New Jersey limited liability company, as Rights Agent (the “Rights Agent”).

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KEY EMPLOYEE RETENTION AGREEMENT
Employee Retention Agreement • January 16th, 2009 • Emulex Corp /De/ • Computer communications equipment • California
EMULEX CORPORATION 2005 EQUITY INCENTIVE PLAN AMENDMENT TO RESTRICTED STOCK AWARD AGREEMENTS
Restricted Stock Award Agreements • January 16th, 2009 • Emulex Corp /De/ • Computer communications equipment

This Amendment (the “Amendment”) to any and all Restricted Stock Award Agreements (the “Agreements”) by and between Emulex Corporation, a Delaware corporation (the “Company”), and the person named below as Grantee, is hereby entered into effective January 16, 2009. All capitalized terms used herein not otherwise defined shall have the same meanings ascribed to them in the Agreements.

EMULEX CORPORATION 2005 EQUITY INCENTIVE PLAN AMENDMENT TO NON-QUALIFIED STOCK OPTION AGREEMENTS
Non-Qualified Stock Option Agreements • January 16th, 2009 • Emulex Corp /De/ • Computer communications equipment

This Amendment (the “Amendment”) to any and all Nonqualified Stock Option Agreements (the “Agreements”) by and between Emulex Corporation, a Delaware corporation (the “Company”), and the person named below as Optionee, is hereby entered into effective January 16, 2009. All capitalized terms used herein not otherwise defined shall have the same meanings ascribed to them in the Agreements.

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