Apple 1999 Annual Report Download - page 110

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approval of any Plan amendment to the extent necessary and desirable to comply with Rule 16b-3 promulgated under the Securities Exchange
Act of 1934, as amended, or with Section 423 of the Internal Revenue Code of 1986, as amended (or any successor statute or rule or other
applicable law, rule or regulation), such shareholder approval to be obtained in such a manner and to such a degree as is required by the
applicable law, rule or regulation.
(c) EFFECT OF AMENDMENT OR TERMINATION. Any such amendment or termination of the Plan shall not affect options already
granted hereunder and such options shall remain in full force and effect as if this Plan had not been amended or terminated.
20. NOTICES. All notices or other communications by a participant to the Company under or in connection with the Plan shall be deemed to
have been duly given when received in the form specified by the Company at the location, or by the person, designated by the Company for the
receipt thereof. All notices or other communications to a participant by the Company shall be deemed to have been duly given when sent by the
Company by regular mail to the address of the participant on the human resources records of the Company or when posted on AppleLink or
any substitute general electronic messaging and bulletin board system utilized by the Company.
21. CONDITIONS UPON ISSUANCE OF SHARES. Shares shall not be issued with respect to an option unless the exercise of such option
and the issuance and delivery of such shares pursuant thereto shall comply with all applicable provisions of law, domestic or foreign, including,
without limitation, the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, the rules and regulations
promulgated thereunder, and the requirements of any stock exchange or automated quotation system upon which the shares may then be listed
or quoted, and shall be further subject to the approval of counsel for the Company with respect to such compliance.
As a condition to the exercise of an option, the Company may require the person exercising such option to represent and warrant at the time of
any such exercise that the shares are being purchased only for investment and without any present intention to sell or distribute such shares if,
in the opinion of counsel for the Company, such a representation is required by any of the aforementioned applicable provisions of law.
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