Steve Jobs deposition, page 49, March 18, 2009


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Ebil

Q. And if you keep going there well, ' 10:17:37
actually, let me read the whole paragraph:
"Resolved, that each person listed on
Exhibit A is hereby granted an option under
the 1998 Plan to acquire the number of 10:17:47
shares of Common Stock listed opposite his
or her name at an exercise price equal to
the closing price for the Corporation's
Common Stock on the date of grant.'
10:18:02
Do you see that?
A. Mmhmm.
Q. And what do you understand that paragraph
to mean?
A. That the exercise price will be set at the
10:18:10
closing price on the date of the grant.
Q. And based on this document, what do you
understand the date of the grant to be?
A. January 17th Q. Okay.
10:18:22
A. would be my guess.
When you come to an
[ii i]
appropriate breaking point, maybe this will be a
good time.
This is an appropriate time.
[ij ;]
10:18:39
So we'll take a break.



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