Seagate 2008 Annual Report Download - page 182

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superseded by the terms of such sub-plan, the provisions of this Plan shall govern the operation of such sub-plan.
17. SECURITIES LAWS REQUIREMENTS
17.1 No option granted under the Plan may be exercised to any extent unless the shares to be issued upon such exercise under the
Plan are covered by an effective registration statement pursuant to the Securities Act and the Plan is in compliance with all applicable
provisions of law, domestic or foreign, including, without limitation, the Securities Act, the Exchange Act, the rules and regulations
promulgated thereunder, applicable state and foreign securities laws and the requirements of any stock exchange upon which the Shares
may then be listed, subject to the approval of counsel for the Corporation with respect to such compliance. If on a Purchase Date in any
Offering Period hereunder, the Plan is not so registered or in such compliance, options granted under the Plan which are not in
compliance shall not be exercised on such Purchase Date, and the Purchase Date shall be delayed until the Plan is subject to such an
effective registration statement and such compliance, except that the Purchase Date shall not be delayed more than twelve (12) months
and the Purchase Date shall in no event be more than twenty-seven (27) months from the Offering Date. If, on the Purchase Date of any
offering hereunder, as delayed to the maximum extent permissible, the Plan is not registered and in such compliance, options granted
under the Plan which are not in compliance shall not be exercised and all payroll deductions accumulated during the Offering Period
(reduced to the extent, if any, that such deductions have been used to acquire shares of Common Stock) shall be returned to the
Participants, without interest. The provisions of this Section 17 shall comply with the requirements of Section 423(b)(5) of the Code to
the extent applicable.
17.2 As a condition to the exercise of an option, the Corporation 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 Corporation, such a representation is required by any of the
aforementioned applicable provisions of law.
18. GOVERNMENTAL REGULATIONS
This Plan and the Corporation’s obligation to sell and deliver shares of its stock under the Plan shall be subject to the approval of any
governmental authority required in connection with the Plan or the authorization, issuance, sale, or delivery of stock hereunder.
19. NO ENLARGEMENT OF EMPLOYEE RIGHTS
Nothing contained in this Plan shall be deemed to give any Employee or other individual the right to be retained in the employ or
service of the Corporation or
13