Tyco Electronics Ltd.
2007 Stock and Incentive Plan
TERMS AND CONDITIONS
OPTION AWARD made as of , 2007.
1. Grant of Option. Tyco Electronics Ltd. (the “Company”) has granted you an Option to
purchase Shares of Common Stock, the number of which is set forth in a separate grant notification letter (“Grant
Letter”), subject to the provisions of this Award Agreement. This Option is a Non-Qualified Option.
2. Exercise Price. The purchase price of the Shares covered by the Option is set forth in your
3. Vesting. The Option will become exercisable in cumulative installments as follows: one fourth
(1/4) of the Shares specified in your Grant Letter, one (1) year from the Grant Date (as set forth in your Grant
Letter); an additional one fourth (1/4) of the Shares, two (2) years from the Grant Date; an additional one fourth
(1/4) of the Shares, three (3) years from the Grant Date; and the remaining one fourth (1/4), four (4) years from
the Grant Date. Your vested right will be calculated on the anniversary of the Grant Date. If you terminate
employment before full vesting, you will forfeit the unvested portion of the Option and, subject to Section 12, you
may exercise the vested portion of the Option until the earlier of (a) the date described in Section 4 below, or (b)
90 days after your Termination of Employment. However, if your Termination of Employment is as a result of
your Normal Retirement (Termination of Employment on or after age 60 if the sum of your age and years of
service with the Company is at least 70), Retirement (Termination of Employment on or after age 55 if the sum of
your age and years of service with the Company is at least 60), Death, Disability, Change in Control, or
Divestiture or Outsourcing Agreement, this Option will become vested and exercisable in accordance with the
provisions of Section 7, 8 or 9, as appli