Dated 2004Share Option Agreement • September 8th, 2004 • Cisco Systems Inc • Computer communications equipment • England and Wales
CISCO SYSTEMS, INC. STOCK OPTION ASSUMPTION AGREEMENTStock Option Assumption Agreement • September 8th, 2004 • Cisco Systems Inc • Computer communications equipment
As you know, on August 6, 2004 (the “Closing Date”) Cisco Technology, Inc., a subsidiary of Cisco Systems, Inc. (“Cisco”) acquired the entire issued share capital of Parc Technologies Limited (“Parc”) (the “Acquisition”) pursuant to the terms of the stock purchase agreement by and between Cisco Technologies, Inc., and Parc dated July 7, 2004 (the “Merger Agreement”). On the Closing Date you held one or more outstanding options to purchase Parc preferred shares granted to you under the Parc Technologies Preference Share Option Plan (the “Plan”). Pursuant to the Merger Agreement, on the Closing Date Cisco assumed all obligations of Parc under your outstanding option (or options). This Stock Option Assumption Agreement (the “Agreement”) evidences the terms of Cisco’s assumption of an option (or options) to purchase Parc preferred shares granted to you under the Plan (the “Parc Option”), and documented by a share option agreement (or share option agreements) entered into by and between you
