Provided you accept this offer and accept employment with Oracle, the Compensation Committee of the Board of Directors has authorized you to grant you an option to stock (“option”) to purchase 10,000,000 common shares at its first meeting after your hiring date, in accordance with Oracle153s` practice. In addition, the Compensation Committee has also authorized you to grant an option to purchase an additional 5,000,000 common shares per year over each of the next five years (for a total of an additional 25,000,000 shares over the next five years) as part of Oracle`s annual enterprise-wide option process153, provided that you are still employed by Oracle at the time of each of these annual assignments. All options are in accordance with oracle Corporation 2000 2000 long-term investment plan. The effective grant date of these additional options shall be the date on which the Remuneration Committee approves the annual grant. Each option has an exercise price based on Oracle153`s share price at the close of the stock market on the day the option is awarded. Options are issued under a written agreement and are subject to qualification in accordance with all applicable securities rules. As long as you remain employed by Oracle or its affiliates, you have the right to exercise your right to acquire 25% of the option shares per year; from one year after the Remuneration Committee`s approval of the applicable option grant, subject to the terms of your written share option agreement and your compliance with the Oracle153s Insider Policy. Your adherence to the Oracle Code of Ethics and Business, which is featured in a brochure that will be announced to you within two weeks of your first oracle job appointment, is critical to Oracle and your success at Oracle. If you sign this agreement, you agree to familiarize yourself with the Oracle Code of Ethics and Conduct Companies and you agree to abide by it. You also agree to take the Oracle153s Ethics and Business Conduct course, available online via the Oracle153s intranet. In addition, by signing this agreement, you confirm that you have read the letter that contains the highlights of the Oracle153s security program in the package for new employees.
Oracle has an internal privacy policy that describes Oracle153`s privacy practices for employment-related information, including what personal data may be collected, how and where personal data is processed, to whom personal data may be transmitted, and how to access and correct personal data about you. You agree to abide by the terms of Oracle153s` Internal Privacy Policy, which are in effect during your employment; A recent copy of this policy is also included in the New Hire Offer Packet…