2006 EQUITY INCENTIVE PLAN
EQUITY INCENTIVE PLAN OPTION AGREEMENT AND CONFIRMATION
[NAME OF EMPLOYEE]
Pursuant to the Corel Corporation 2006 Equity Incentive Plan (the "Plan") effective , 2006 and in consideration
of services provided to Corel Corporation (the "Company") or an Affiliate by the Participant, the Company
hereby grants to the Participant an Option to acquire ____________ Common Shares of Corel Corporation at
an exercise price of $_________ per Common Share.
All capitalized terms not defined in this agreement have the meaning set out in this Plan.
Subject to earlier expiry in accordance with this Plan, the Option shall cease to be exercisable and shall expire on
________________, _______. The Option will vest and become exercisable as follows:
(a) as to 25%, at any time during the term of such Option from and after the first anniversary of the date of grant
of the Option; and
(b) as to an additional 0.0625%, at any time during the term of such Option from and after each of the twelve
quarters following the end of the first anniversary of the date of grant of the Option.
The Company and the Participant understand and agree that the granting and exercise of this Option and the issue
of Common Shares are subject to the terms and conditions of this Plan, all of which are incorporated into and
form a part of this agreement.
[FOR U.S. PARTICIPANTS ONLY] [This Option [is/is not] intended to qualify as an Incentive Stock Option.]
DATED ______________, _______.
I agree to the terms and conditions set out herein and confirm and acknowledge that I have not been induced to
enter into this agreement or acquire any Option or Common Share by expectation of employment or continued
employment with Corel Corporation or any Affiliate.
EXHIBIT 21.1 SUBSIDIARIES OF COREL CORPORATION