CISCO SYSTEMS, INC. STOCK OPTION ASSUMPTION AGREEMENTStock Option Assumption Agreement • October 28th, 2020 • Cisco Systems, Inc. • Computer communications equipment
As you know, on October 26, 2020 (the “Closing Date”), Cisco Systems, Inc. (“Cisco”) acquired Portshift Software Technologies, Ltd. (“Portshift”) (the “Acquisition”), pursuant to the Share Purchase Agreement by and among Cisco, Cisco Systems International B.V., Portshift, certain shareholders of Portshift and the Securityholders’ Agent dated as of September 30, 2020 (the “Acquisition Agreement”). On the Closing Date, you held one or more outstanding options to purchase ordinary shares of Portshift stock granted to you under the Portshift 2018 Share Incentive Plan (the “Plan”). Pursuant to the Acquisition Agreement, on the Closing Date, Cisco assumed Portshift’s obligations to honor each of your unvested option(s) to purchase ordinary shares of Portshift stock granted to you under the Plan (the “Portshift Option(s)”) and documented by a stock option agreement (or stock option agreements) and any amendment(s) entered into by and between you and Portshift, including, but not limited to, p
