Directors’ Nonstatutory Stock Option Agreement Sample Contracts

SUN MICROSYSTEMS, INC. DIRECTORS’ NONSTATUTORY STOCK OPTION AGREEMENT
Directors’ Nonstatutory Stock Option Agreement • August 29th, 2007 • Sun Microsystems, Inc. • Electronic computers

SUN MICROSYSTEMS, INC., a Delaware corporation (the “Company”) has granted to (the “Optionee”), an option to purchase a total of shares of the Company’s Common Stock, at the price determined as provided herein, and in all respects subject to the terms, definitions and provisions of the 1988 Directors’ Stock Option Plan (the “Plan”) adopted by the Company which is incorporated herein by reference. The terms defined in the Plan shall have the same defined meanings herein.

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