AUDIUM CORPORATION STOCK OPTION AGREEMENT FOR INCENTIVE STOCK OPTIONSStock Option Agreement • July 11th, 2006 • Cisco Systems Inc • Computer communications equipment • Delaware
Exercise Price: Company Cash Amount per Share, as defined in the Agreement and Plan of Merger (the “Merger Agreement”), dated June 8, 2006 by and among Cisco Systems, Inc. (“Acquiror”), Argon Acquisition Corp., a wholly-owned subsidiary of Acquiror, and Audium Corporation. If the Effective Time (as that term is defined in the Merger Agreement) does not occur, the Exercise Price shall be the equivalent of the Company Cash Amount per Share as of the Date of Grant as determined by the Committee in its sole discretion, but in no event less that the fair market value on the Date of Grant.
CISCO SYSTEMS, INC. STOCK OPTION ASSUMPTION AGREEMENTStock Option Assumption Agreement • July 11th, 2006 • Cisco Systems Inc • Computer communications equipment
As you know, on June 30, 2006, (the “Closing Date”) Cisco Systems, Inc. (“Cisco”) acquired Audium Corporation (“Audium”) (the “Acquisition”) pursuant to the Agreement and Plan of Merger by and among Cisco Systems, Inc., Argon Acquisition Corp., and Audium dated June 8, 2006 (the “Merger Agreement”). On the Closing Date you held one or more outstanding stock options to purchase shares of Audium common stock granted to you under the Audium Corporation 2000 Stock Option and Restricted Stock Plan (herein referred to as the “Audium Plan”). Pursuant to the Merger Agreement, on the Closing Date, Cisco assumed all obligations of Audium 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 Audium common stock granted to you under the Audium Plan (the “Audium Option(s)”), and documented by a stock option agreement (or stock option agreements) and any amendment(s) entered
