Steve Jobs deposition, page 25, March 18, 2009


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Q. And were those concerns based on a similar
phenomenon; for example, they had been flown
somewhere and recruited?
A. Nc, but I had heard rumors that one or two
companies was talking to them. Ics a small valley.
Q. Ic was back chen, certainly.
A. Yeah.
Q. All right. And so - again, I don't want
to put words in your mouth, but it sounds like what
you're saying is that the concept of options would
be a potential mechanism to retain members of the
executive team?
A. Of course.
Q. Okay.
A. Yeah.
Q, So, again, going back to your memory, you
had this concern about retention, so how did you go
about moving this concept of an option grant
forward?
A. Well, I talked with the board almost every
meeting about, you know, key personnel, because I
think thats the key asset Apple has, is its talent.
And I dont recall the exact dates, but I started
talking to them about this, you know, in the later
part of - I guess it would be 2000, the later part

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