LINEAR TECHNOLOGY CORPORATION
1996 INCENTIVE STOCK OPTION PLAN
1. Purposes of the Plan. The purposes of this Stock Plan are:
o to attract and retain the best available personnel for positions of substantial responsibility,
o to provide additional incentive to Employees, Directors and Consultants, and
o to promote the success of the Company's business.
Options granted under the Plan may be Incentive Stock Options or Non-statutory Stock Options, as determined
by the Administrator at the time of grant.
2. Definitions. As used herein, the following definitions shall apply:
(a) "Administrator" means the Board or any of its Committees as shall be administering the Plan, in accordance
with Section 4 of the Plan.
(b) "Applicable Laws" means the requirements relating to the administration of stock option plans under U. S.
state corporate laws, U.S. federal and state securities laws, the Internal Revenue Code, any stock exchange or
quotation system on which the Common Stock is listed or quoted and the applicable laws of any foreign country
or jurisdiction where Options are, or will be, granted under the Plan.
(c) "Board" means the Board of Directors of the Company.
(d) "Internal Revenue Code" means the Internal Revenue Code of 1986, as amended.
(e) "Committee" means a committee of Directors appointed by the Board in accordance with Section 4 of the
(f) "Common Stock" means the Common Stock of the Company.
(g) "Company" means Linear Technology Corporation, a California corporation.
(h) "Consultant" means any person, including an advisor, engaged by the Company or a Parent or Subsidiary to
render services to such entity.
(i) "Director" means a member of the Board.
(j) "Disability" means total and permanent disability as defined in
Section 22(e)(3) of the Internal Revenue Code.
(k) "Employee" means any person, including Officers and Directors, employed by the Company or any Parent or
Subsidiary of the Company. A Service Provider shall not cease to be an Employee in the case