0000352789-05-000047 Sample Contracts

IOMEGA CORPORATION NON-STATUTORY STOCK OPTION AGREEMENT UNDER THE 2005 DIRECTOR STOCK OPTION PLAN
Non-Statutory Stock Option Agreement • August 9th, 2005 • Iomega Corp • Computer storage devices • Delaware
IOMEGA CORPORATION EXECUTIVE TRANSITION AGREEMENT (“Agreement”)
Executive Transition Agreement • August 9th, 2005 • Iomega Corp • Computer storage devices • California

WHEREAS, with the intention to align costs with expected revenues, Iomega Corporation (“Iomega”) has adopted a restructuring plan to be implemented on or around July 26, 2005;

IOMEGA CORPORATION EXECUTIVE AGREEMENT TO DEFER COMPENSATION (“Agreement”)
Executive Agreement to Defer Compensation • August 9th, 2005 • Iomega Corp • Computer storage devices • California

WHEREAS, Iomega Corporation (“Iomega”) is not profitable and the company intends to review its overall business strategy, organization and cost structure, with the goal to return the company to profitability; and