[FORM OF OUTSIDE DIRECTOR AGREEMENT]
STOCK OPTION AGREEMENT
Unless otherwise defined herein, the terms defined in the SonicWALL, Inc. 1998 Stock Option Plan (the “Plan”) shall have
the same defined meanings in this Stock Option Agreement (the “Option Agreement”).
Unless otherwise defined herein, the terms defined in the Plan shall have the same defined meanings in this Option
I. NOTICE OF GRANT
[Optionee’s Name and Address]
You have been granted an option to purchase Common Stock of the Company, subject to the terms and conditions of the
Plan and this Option Agreement, as follows:
Vesting Schedule :
Exercise Price per Share $__________________________________
Total Number of
Total Exercise Price
Type of Option:
Nonstatutory Stock Option
Subject to accelerated vesting as set forth in Section 2(b) of this Option Agreement, 100% of the Shares subject to this
Option shall vest on the first anniversary of the Grant Date, subject to Optionee’s Continuous Employment (including service
as a Non-Employee Director) through such vesting date.
1. Grant of Option .
The Board hereby grants to the Optionee (the “Optionee”) named in the Notice of Grant section of this Agreement (the
“Notice of Grant”), an option (the “Option”) to purchase the number of Shares set forth in the Notice of Grant, at the exercise
price per share set forth in the Notice of Grant (the “Exercise Price”), subject to the terms and conditions of the Plan (which is
incorporated herein by reference) and this Option Agreement. In the event of a conflict between the terms and conditions of the
Plan and the terms and conditions of this Option Agreement, the terms