Exhibit 10.17
SHARED PERFORMANCE STOCK AWARD AGREEMENT UNDER THE MICROSOFT CORPORATION 2001
STOCK PLAN
(Executive Officer Agreement)
Award Number <<GrantIdentifier>>
1. Award of Target Shared Performance Stock Awards . Microsoft Corporation (the “Company” or “Microsoft”), in
the exercise of its sole discretion pursuant to the Microsoft Corporation 2001 Stock Plan (the “Plan”), does on
<<GrantDate>> (the “Award Date”) hereby award to <<FullName>> (the “Awardee”) <<shares granted quantity>>
target Shared Performance Stock Awards (target “SPSAs”) upon the terms and subject to the conditions of this
Award Agreement.
Target SPSAs are used solely to calculate the number of actual SPSAs awarded to Awardee in accordance with
this Award Agreement, and do not create any separate rights or entitlements. ACTUAL SPSAs ARE CALCULATED
FOLLOWING THE END OF THE COMPANY’S FISCAL YEAR ENDING IN 2007 (“FY07”) BASED ON THE
METRICS AND METHODOLOGIES SET FORTH IN APPENDIX A, AND BASED ON ANY ADJUSTMENTS IN
TARGET SPSAs DUE TO EMPLOYMENT CHANGES AS DESCRIBED IN SECTION 3(b) BELOW AND ANY
CHANGES TO APPENDIX A PERMITTED UNDER THIS AGREEMENT.
SPSAs represent the Company’s unfunded and unsecured promise to issue Common Shares at a future date,
subject to the terms of this Award Agreement and the Plan. Awardee has no rights under the SPSAs other than the
rights of a general unsecured creditor of the Company.
Capitalized terms used but not defined in this Award Agreement shall have the meanings assigned to them in the
Plan.
2. Calculation of SPSAs . Following the end of FY07, the Awardee’s actual SPSAs will be calculated by
multiplying the target SPSAs by the percentage that is determined by the Compensation Committee of the
Company’s Board of Directors (“Committee”), in its sole discretion, in accordance with Appendix A. In calculating the
number of actual SPSAs, target SPSAs will be determined after taking into account any adjustments due to
employment changes, as described in Section 3(b)