MARVELL TECHNOLOGY GROUP LTD.
2000 EMPLOYEE STOCK PURCHASE PLAN
(As amended through May 7, 2003)
1. Purpose. This Plan is intended to allow Employees of the Company and its Designated Subsidiaries to purchase
Common Stock through accumulated Payroll deductions.
2. Defined Terms. The meanings of defined terms (generally, capitalized terms) in this Plan are provided in Section 23
(a) Participation. Any person who is an Employee on an Offering Date shall be eligible to participate in this Plan during the
corresponding Offering Period.
(b) No Participation by Five-Percent Stockholders. Notwithstanding Section 3(a), an Employee shall not participate in this
Plan during an Offering Period if immediately after the grant of a Purchase Right on the Offering Date, the Employee (or any
other person whose stock would be attributed to the Employee under Section 424(d) of the Code) would own stock possessing
five percent or more of the total combined voting power or value of all classes of stock of the Company or of any Subsidiary.
For this purpose, an Employee is treated as owning stock that he or she could purchase by exercise of Purchase Rights or other
4. Offering Periods. Except as otherwise determined by the Administrator:
(a) the first Offering Period under this Plan shall begin on the first business day before the effective date of a firmly
underwritten initial public offering of Common Stock and shall end on the last trading day of January of the second succeeding
(b) a new Offering Period shall begin on the first business day of each February and August while this Plan is in effect;
(c) the duration of each Offering Period (other than the first Offering Period) shall be 24 months (measured from the first
business day of the first month to the last business day of the 24th month); and
(d) an Offering Period