This excerpt taken from the MRVL 10-Q filed Sep 8, 2005.
The Wall Street Journal or an equivalent source, or if the determination date is not a trading day, then on the most recent preceding trading day;
(ii) If the Common Stock is quoted on NASDAQ (but not on the National Market System) or regularly quoted by a recognized securities dealer but selling prices are not reported, Fair Market Value shall be the mean between the high bid and low asked prices for the Common Stock on the day of the determination, or on the most recent preceding trading day if the determination date is not a trading day; or
(iii) In the absence of an established market for the Common Stock, Fair Market Value shall be determined by the Administrator.
(o) Grant Agreement means a written document memorializing the terms and conditions of an Award granted pursuant to the Plan and shall incorporate the terms of the Plan.
(p) Grantee means the Employee, Consultant or Outside Director who receives an Award.
(q) Incentive Stock Option or ISO means an Option intended to qualify as an incentive stock option within the meaning of, and to the extent otherwise permitted by, Section 422 of the Code.
(r) Nonstatutory Stock Option or NSO means an Option not intended to qualify as an ISO.
(s) Officer means a person who is an officer of the Company within the meaning of Section 16 of the Exchange Act and the rules and regulations promulgated thereunder.
(t) Option means a stock option granted pursuant to this Plan.
(u) Optioned Stock means the Common Stock subject to an Option.
(v) Optionee means the Employee, Consultant or Outside Director who receives an Option and includes any person who owns all or any part of an Option, or who is entitled to exercise an Option, after the death or disability of an Optionee.
(w) Parent means a parent corporation, present or future, as defined in Section 424(e) of the Code.
(x) Plan means this Amended and Restated 1995 Marvell Technology Group Ltd. Stock Option Plan.
(y) Share means a share of the Common Stock, as adjusted in accordance with Section 14(a).
(z) Subsidiary means a subsidiary corporation, present or future, as defined in Section 424(f) of the Code.
2003 APPENDIX TO THE AMENDED AND RESTATED 1995 STOCK OPTION PLAN Of MARVELL TECHNOLOGY GROUP LTD. IN RESPECT OF ISRAELI EMPLOYEES