CISCO SYSTEMS, INC. STOCK OPTION ASSUMPTION AGREEMENTStock Option Assumption Agreement • September 28th, 2006 • Cisco Systems Inc • Computer communications equipment • Arroyo
As you know, on September 12, 2006, (the “Closing Date”) Cisco Systems, Inc. (“Cisco”) acquired Arroyo Video Solutions, Inc. (“Arroyo”) (the “Acquisition”) pursuant to the Agreement and Plan of Merger by and among Cisco Systems, Inc., Andorra Acquisition Corp., and Arroyo dated August 18, 2006 (the “Merger Agreement”). On the Closing Date you held one or more outstanding options to purchase shares of Arroyo common stock granted to you under the Arroyo 2003 Equity Incentive Plan (herein referred to as the “Plan”). Pursuant to the Merger Agreement, on the Closing Date, Cisco assumed all obligations of Arroyo under your outstanding option (or options). This Stock Option Assumption Agreement (the “Agreement”) evidences the terms of Cisco’s assumption of an option (or options) to purchase Arroyo common stock granted to you under the Plan (the “Arroyo Option(s)”), and documented by a stock option agreement (or stock option agreements) and any amendment(s) entered into by and between you and
