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”).
1. Grant of Option .
The Board hereby grants to the Optionee (the “Optionee”) named in the Grant Agreement section of this website (the
“Grant Agreement”) to which this Option Agreement is attached, an option (the “Option”) to purchase the number of Shares set
forth in the Grant Agreement, at the exercise price per share set forth in the Grant Agreement (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 and
conditions of the Plan shall prevail.
If designated in the Grant Notice as an Incentive Stock Option (“ISO”), this Option is intended to qualify as an
Incentive Stock Option under Section 422 of the Code. However, if this Option is intended to be an Incentive Stock Option, to
the extent that it exceeds the $100,000 rule of Code Section 422(d) it shall be treated as a Nonstatutory Stock Option (“NSO”).
2. Exercise of Option .
(a) Right to Exercise . This Option is exercisable during its term in accordance with the Vesting Schedule set out in the
Grant Agreement and the applicable provisions of the Plan and this Option Agreement, subject to Optionee’s Continuous
Employment on each vesting date.
(b) Post-Termination Exercise Period .
(i) Normal Termination . If Optionee’s service as a Consultant ceases, or, except as specified in Sections 2(b)
and (c) below, if Optionee’s Continuous Employment ceases, this Option may be exercised, but only to the extent vested on the
date of such cessation of Continuous Employment or service as a Consultant, until the earlier of (i)