PEET’S COFFEE & TEA, INC.
AMENDED AND RESTATED 2000 EQUITY INCENTIVE PLAN
Adopted November 1, 2000
Approved By Shareholders November 17, 2000 and May 23, 2002
Amended and Restated on March 30 , 2007
(a) Eligible Stock Award Recipients. The persons eligible to receive Stock Awards are the Employees, Directors and
Consultants of the Company and its Affiliates.
(b) Available Stock Awards. The purpose of the Plan is to provide a means by which eligible recipients of Stock Awards
may be given an opportunity to benefit from increases in value of the Common Stock through the granting of the following
Stock Awards: (i) Incentive Stock Options, (ii) Nonstatutory Stock Options, (iii) stock bonuses and (iv) rights to acquire
(c) General Purpose. The Company, by means of the Plan, seeks to retain the services of the group of persons eligible to
receive Stock Awards, to secure and retain the services of new members of this group and to provide incentives for such
persons to exert maximum efforts for the success of the Company and its Affiliates.
(a) “Affiliate ” means any parent corporation or subsidiary corporation of the Company, whether now or hereafter existing,
as those terms are defined in Sections 424(e) and (f), respectively, of the Code.
(b) “Board” means the Board of Directors of the Company.
(c) “Code” means the Internal Revenue Code of 1986, as amended.
(d) “Committee” means a committee of one or more members of the Board appointed by the Board in accordance with
(e) “Common Stock” means the common stock of the Company.
(f) “Company” means Peet’s Coffee & Tea, Inc., a Washington corporation, formerly known as Peet’s Companies, Inc.
(g) “Consultant” means any person, including an advisor, (i) engaged by the Company or an Affiliate to render consulting
or advisory services and who is compensated for
such services or (ii) who is a member of the Board of Directors of an Affiliate. However,