MYRIAD GENETICS, INC.
2003 EMPLOYEE, DIRECTOR AND CONSULTANT STOCK OPTION PLAN
1. DEFINITIONS .
Unless otherwise specified or unless the context otherwise requires, the following terms, as used in this Myriad Genetics,
Inc. 2003 Employee, Director and Consultant Stock Option Plan, have the following meanings:
Administrator means the Board of Directors, unless it has delegated power to act on its behalf to the Committee, in
which case the Administrator means the Committee. (See paragraph 4)
Affiliate means a corporation which, for purposes of Section 424 of the Code, is a parent or subsidiary of the
Company, direct or indirect.
Board of Directors means the Board of Directors of the Company.
Change of Control means the occurrence of any of the following events:
Ownership. Any “Person” (as such term is used in Sections 13(d) and 14(d) of the Securities Exchange Act of
1934, as amended) becomes the “Beneficial Owner” (as defined in Rule 13d-3 under said Act), directly or
indirectly, of securities of the Company representing 50% or more of the total voting power represented by the
Company’s then outstanding voting securities (excluding for this purpose the Company or its Affiliates or any
employee benefit plan of the Company) pursuant to a transaction or a series of related transactions which the
Board of Directors does not approve; or
Code means the United States Internal Revenue Code of 1986, as amended.
Merger/Sale of Assets. A merger or consolidation of the Company whether or not approved by the Board of
Directors, other than a merger or consolidation which would result in the voting securities of the Company
outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being
converted into voting securities of the surviving entity or the parent of such corporation) at least 50% of the
total voting power represented by the voting securities of the Company or such