CISCO SYSTEMS, INC. STOCK OPTION ASSUMPTION AGREEMENTStock Option Assumption Agreement • July 9th, 2021 • Cisco Systems, Inc. • Computer communications equipment
As you know, on June 21, 2021 (the “Closing Date”), Cisco Systems, Inc. (“Cisco”) acquired Sedonasys Systems, Ltd. (“Sedonasys”) (the “Acquisition”), pursuant to the Share Purchase Agreement by and among Cisco, Cisco Systems International B.V., Sedonasys, certain shareholders of Sedonasys and the Securityholders’ Agent dated as of May 10, 2021 (the “Acquisition Agreement”). On the Closing Date, you held one or more outstanding options to purchase ordinary shares of Sedonasys stock subject to tax under Section 102(b)(2) of the Israeli Income Tax Ordinance [New Version]-1961 (“102 Options” and the “Income Tax Ordinance”, accordingly), granted to you under any stock option plan, program or arrangement of Sedonasys, collectively, including the Sedonasys 2014 Share Incentive Plan (together the “Plan”). Pursuant to the Acquisition Agreement, on the Closing Date, Cisco assumed Sedonasys’ obligations to honor each of your unvested 102 Option(s) to purchase ordinary shares of Sedonasys stock gr
