0001104659-08-006270 Sample Contracts

OVERLAND STORAGE, INC. Stock Option Cancellation Agreement
Stock Option Cancellation Agreement • February 1st, 2008 • Overland Storage Inc • Computer storage devices

This Stock Option Cancellation Agreement (the “Agreement”) is entered into between Overland Storage, Inc. (the “Company”) and (the “Optionholder”) (together the “Parties”) on this 27th day of September, 2007, to cancel certain stock options previously granted to the Optionholder under the Overland Storage, Inc. 2003 Equity Incentive Plan (the “Plan”), or the Company’s 1995 Stock Option Plan, 1997 Executive Stock Option Plan, or 2000 Stock Option Plan.

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