Attached files
| file | filename |
|---|---|
| EX-10.6 - EXHIBIT 10.6 - MACOM Technology Solutions Holdings, Inc. | ex10610-k2018.htm |
| 10-K - 10-K - MACOM Technology Solutions Holdings, Inc. | mtsi10-k2018.htm |
| EX-32.1 - EXHIBIT 32.1 - MACOM Technology Solutions Holdings, Inc. | ex32110-k2018.htm |
| EX-31.2 - EXHIBIT 31.2 - MACOM Technology Solutions Holdings, Inc. | ex31210-k2018.htm |
| EX-31.1 - EXHIBIT 31.1 - MACOM Technology Solutions Holdings, Inc. | ex31110-k2018.htm |
| EX-23.1 - EXHIBIT 23.1 - MACOM Technology Solutions Holdings, Inc. | ex23110-k2018.htm |
| EX-21.1 - EXHIBIT 21.1 - MACOM Technology Solutions Holdings, Inc. | ex21110-k2018.htm |
| EX-10.16 - EXHIBIT 10.16 - MACOM Technology Solutions Holdings, Inc. | ex101610-k2018.htm |
| EX-10.14 - EXHIBIT 10.14 - MACOM Technology Solutions Holdings, Inc. | ex101410-k2018.htm |
| EX-10.7 - EXHIBIT 10.7 - MACOM Technology Solutions Holdings, Inc. | ex10710-k2018.htm |
MACOM TECHNOLOGY SOLUTIONS HOLDINGS, INC.
2012 OMNIBUS INCENTIVE PLAN
2012 OMNIBUS INCENTIVE PLAN
STOCK OPTION GRANT NOTICE
(Incentive Stock Option)
MACOM Technology Solutions Holdings, Inc. (the "Company") hereby grants to you an Option (the "Option") to purchase shares of the Company's Common Stock under the Company's 2012 Omnibus Incentive Plan. The Option is subject to all the terms and conditions set forth in this Stock Option Grant Notice (this "Grant Notice") and in the Stock Option Agreement and the Plan, which are either attached hereto or have been made available to you via the electronic brokerage account you accessed through www.etrade.com to accept this Option electronically, and in either case are incorporated into this Grant Notice in their entirety.
Participant: | ||
Grant Date: | ||
Number of Shares Subject to Option: | ||
Exercise Price (per Share): | ||
Option Expiration Date: | (subject to earlier termination in accordance with the terms of the Plan and the Stock Option Agreement) | |
Type of Option: | Incentive Stock Option | |
Vesting and Exercisability Schedule: | ||
Additional Terms/Acknowledgement: By accepting this Option electronically through www.etrade.com, you acknowledge receipt of, and understand and agree to, this Grant Notice, the Stock Option Agreement and the Plan. You further acknowledge that as of the Grant Date, this Grant Notice, the Stock Option Agreement and the Plan set forth the entire understanding between Participant and the Company regarding the Option and supersede all prior oral and written agreements on the subject. You and the Company hereby agree that your electronic acceptance of this Option through www.etrade.com is sufficient to legally bind you to the terms set forth collectively in the Grant Notice, the Stock Option Agreement and the Plan. You further acknowledge that as of the Grant Date, this Grant Notice, the Stock Option Agreement and the Plan, without requirement of any signature on your part.
MACOM TECHNOLOGY SOLUTIONS HOLDINGS, INC. By: Its: | PARTICIPANT Signature Date: | |
Attachments: 1. Stock Option Agreement 2. 2012 Omnibus Incentive Plan 3. Plan Summary | Address: Tax ID: | |
MACOM TECHNOLOGY SOLUTIONS HOLDINGS, INC.
2012 OMNIBUS INCENTIVE PLAN (AS AMENDED AND RESTATED)
2012 OMNIBUS INCENTIVE PLAN (AS AMENDED AND RESTATED)
STOCK OPTION AGREEMENT
Pursuant to your Stock Option Grant Notice (the "Grant Notice") and this Stock Option Agreement (this "Agreement"), MACOM Technology Solutions Holdings, Inc. (the "Company") has granted you an Option under its 2012 Omnibus Incentive Plan (As Amended and Restated) (as it may be amended or amended and restated from time to time, the "Plan") to purchase the number of shares of Common Stock indicated in your Grant Notice (the "Shares") at the exercise price indicated in your Grant Notice. Capitalized terms not defined in this Agreement but defined in the Plan shall have the same definitions as in the Plan. The Plan shall control in the event there is any conflict between the Plan and the Grant Notice or this Agreement and with respect to such matters as are not expressly covered in this Agreement.
The details of the Option are as follows:
1.Incentive Stock Option. If your Grant Notice provides that the Option is an Incentive Stock Option, then the Option will be treated as an incentive stock option to the maximum extent provided under the Code and, to the extent that the Option does not qualify as an incentive stock option under the Code, the Option will be treated as a Nonqualified Stock Option.
2. Vesting. Subject to the limitations contained herein, the Option will vest and become exercisable as provided in your Grant Notice, except that unless otherwise expressly provided in the Grant Notice or this Agreement, the Option will cease to be eligible to vest upon your Termination of Service and the then unvested portion of the Option will terminate automatically and without further notice upon such Termination of Service.
3. Securities Law Compliance. Notwithstanding any other provision of this Agreement, you may not exercise the Option unless the Shares issuable upon exercise are registered under the Securities Act or, if such Shares are not then so registered, the Company has determined that such exercise and issuance would be exempt from the registration requirements of the Securities Act. The exercise of the Option must also comply with other applicable laws and regulations governing the Option, and you may not exercise the Option if the Company determines that such exercise would not be in material compliance with such laws and regulations.
4. Independent Tax Advice. You should obtain tax advice when exercising the Option and prior to the disposition of the Shares. None of the Company, any Related Company, the Board, the Compensation Committee or any person acting on behalf of any of the foregoing will be liable to you or any other person with respect to the tax consequences of the Option or any Shares issuable upon exercise thereof, including, if applicable, by reason of the Option failing to qualify as an incentive stock option under the Code.
5. Method of Exercise. Subject to the provisions of this Agreement, the vested portion of the Option may be exercised, in whole or in part, at any time prior to the applicable termination or expiration date set forth in Section 6 below by giving written notice of exercise to the Company on the form furnished by the Company for that purpose or, to the extent applicable, by giving written notice to a brokerage firm designated or approved by the Company, specifying the number of Shares subject to the Option to be purchased pursuant to such exercise, and accompanied by payment of the exercise price and any withholding taxes.
The exercise price for Shares to be purchased upon exercise of all or a portion of the Option shall be paid in any combination of the following: (a) in cash, (b) by wire transfer or certified or bank check or other instrument acceptable to the Company; and, to the extent permitted by the Committee and applicable law and, to the extent applicable, the regulations promulgated under Section 424 of the Code, (c) by having the Company withhold shares of Common Stock that would otherwise be issued upon exercise of the Option; (d) by tendering shares of Common Stock you already own; and (e) by instructing a broker to deliver to the Company payment through a broker-assisted cashless exercise program; and (f) by any other method permitted by the Committee.
6. Exercisability; Treatment Upon Termination of Service. The unvested portion of the Option will terminate automatically and without further notice immediately upon your Termination of Service. You may exercise the then-vested portion of the Option as follows:
(a) General Rule. You may exercise the vested portion of the Option at any time on or before the earlier of (i) three months after your Termination of Service and (ii) the Option Expiration Date and, to the extent not so exercised, the vested portion of the Option will thereupon terminate automatically without further notice;
(b) Disability. In the event of your Termination of Service due to Disability, you may exercise the vested portion of the Option at any time on or before the earlier of (i) one year after your Termination of Service and (ii) the Option Expiration Date and, to the extent not so exercised, the vested portion of the Option will thereupon terminate automatically without further notice;
(c) Death. In the event of your Termination of Service due to your death, the vested portion of the Option may be exercised at any time on or before the earlier of (i) one year after your Termination of Service and (ii) the Option Expiration Date. If you die after your Termination of Service but while the Option is still exercisable, the vested portion of the Option may be exercised until the earlier of (x) one year after the date of death and (y) the Option Expiration Date; and
(d) Cause. Notwithstanding clauses (a)-(c) above, the vested portion of the Option will automatically terminate at the time the Company first notifies you of your Termination of Service for Cause, unless the Committee determines otherwise. If your employment or service relationship is suspended pending an investigation of whether you will be terminated for Cause, all your rights under the Option likewise will be suspended during the period of investigation. If any facts that would constitute termination for Cause are discovered
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after your Termination of Service, any Option you then hold may be immediately terminated by the Committee.
It is your responsibility to be aware of the date the Option terminates. If the Option is intended to qualify as an Incentive Stock Option, the Option must be exercised within three months following your Termination of Service (one year in the case of Disability or death) in order to so qualify and it will not so qualify to the extent the Option is exercised after such period.
7. Change in Control. In the event of a Change in Control, the Option, to the extent then outstanding, will become fully vested and exercisable immediately prior to the Change in Control and shall terminate at the effective time of the Change in Control.
8. Limited Transferability. During your lifetime only you can exercise the Option. The Option is not transferable except by will or by the applicable laws of descent and distribution. The Plan provides for exercise of the Option by a beneficiary designated on a Company-approved form or the personal representative of your estate. Notwithstanding the foregoing and to the extent permitted by Section 422 of the Code, if applicable, the Committee, in its sole discretion, may permit you to assign or transfer the Option, subject to such terms and conditions as specified by the Committee.
9. Withholding Taxes. As a condition to the exercise of any portion of an Option, you must make such arrangements as the Company may require for the satisfaction of any federal, state, local or foreign tax withholding obligations that may arise in connection with such exercise, as described in the Plan. By accepting the Option under this Agreement, you expressly acknowledge and agree that your rights hereunder, including the right to be issued Shares upon exercise of the Option, are subject to your promptly paying to the Company all taxes required to be withheld.
10. Clawback. By accepting the Option, you acknowledge and agree that the Option and all other Awards, any shares issued in respect thereof, and any proceeds and other amounts received in respect of the Option, other Awards or such shares are subject to forfeiture and repayment (i) under the Company’s Compensation Recoupment Policy, as from time to time amended and in effect; (ii) under any other policy of, or agreement with, the Company or any Related Company that is applicable to you and that provides for the cancellation, forfeiture, disgorgement, repayment or clawback of incentive compensation; and (iii) to the extent required by law or applicable stock exchange listing standards, including, without limitation, Section 10D of the Exchange Act. A copy of the Company’s Compensation Recoupment Policy as in effect on the date of this Agreement has been provided to you, which you acknowledge and agree is subject to amendment and/or amendment and restatement from time to time.
11. Option Not an Employment or Service Contract. Nothing in the Plan or this Agreement will be deemed to constitute an employment contract or confer or be deemed to confer any right for you to continue in the employ of, or to continue any other relationship with, the Company or any Related Company or limit in any way the right of the Company or any
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Related Company to terminate your employment or other relationship at any time, with or without Cause.
12. No Right to Damages. You will have no right to bring a claim or to receive damages if you and do not so exercise the Option during the time periods specified above or if any portion of the Option is terminated or expires unexercised. The loss of existing or potential profit in the Option will not constitute an element of damages in the event of your Termination of Service for any reason even if the termination is in violation of an obligation of the Company or a Related Company to you.
13. Additional Provisions Applicable to Incentive Stock Options. If the Option is intended to qualify as an incentive stock option under the Code the following provisions shall apply. If you dispose of the Shares acquired upon exercise of the Option within two years from the Grant Date or one year after such Shares were acquired pursuant to the exercise of the Option, within 15 days of such disposition, you shall notify the Company in writing of such disposition. To the extent that the aggregate fair market value (determined at the time of grant) of the shares of Common Stock subject to the Option and all other incentive stock options you hold that are exercisable for the first time during any calendar year (under all plans of the Company and its related corporations) exceeds $100,000, the options held by you or portions thereof that exceed such limit (according to the order in which they were granted in accordance with the regulations under Section 422 of the Code) shall be treated as a Nonqualified Stock Option. You acknowledge and agree that the Company or the Committee may take any action permitted under the Plan without regard to the effect such action may have on the status of the Option as an incentive stock option under Section 422 of the Code and that such actions may cause the Option to fail to be treated as an incentive stock option under Section 422 of the Code.
14. Binding Effect. This Agreement will inure to the benefit of the successors and assigns of the Company and be binding upon you and your heirs, executors, administrators, successors and assigns.
15. Provisions of the Plan. This Agreement is subject in its entirety to the provisions of the Plan, which is incorporated herein by reference. A copy of the Plan as in effect on the date of this Agreement has been furnished or made available to you. By accepting, or being deemed to have accepted, the Option, you agree to be bound by the terms of the Plan and this Agreement.
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