2006 EQUITY INCENTIVE PLAN
DIRECTORS NONQUALIFIED STOCK OPTION GRANT
This Stock Option Agreement (this “ Agreement ”) is made and entered into as of the Date of Grant set forth below (the “
Date of Grant ”) by and between VeriSign, Inc., a Delaware corporation (the “ Company ”), and the Optionee named below (“
Optionee ”). Capitalized terms not defined herein shall have the meaning ascribed to them in the Company’s 2006 Equity
Incentive Plan (the “ Plan ”).
1. Grant of Option . The Company hereby grants to Optionee a nonqualified stock option (this “ Option ”) to purchase up
to the total number of shares of Common Stock of the Company set forth above as Total Option Shares (collectively, the “
Shares ”) at the Exercise Price Per Share set forth above (the “ Exercise Price ”), subject to all of the terms and conditions of
this Agreement and the Plan.
2. Vesting; Expiration Date .
2.1 Vesting of Shares . This Option shall be exercisable as it vests. Subject to the terms and conditions of the Plan and
this Agreement, this Option shall vest and become exercisable as to portions of the Shares as follows: (a) this Option shall not
be exercisable with respect to any of the Shares until the first quarterly anniversary of the Date of Grant set forth above;
(b) provided that Optionee has continuously been a member of the Board since the Date of Grant, this Option shall become
exercisable as to 25% of the Shares on the first quarterly anniversary of the Date of Grant; and (c) provided that Optionee has
continuously been a member of the Board since the Date of Grant, this Option shall become exercisable as to an additional 25%
of the Shares on each quarterly anniversary after the Date of Grant. This Option shall cease to vest upon Optionee no longer
being a member of the Board.
Total Option Shares:
Exercise Price per Share:
Date of Grant: