Leaving SAIC

• Review Account
• Direct Stock Holdings
• Stock Options
• Employee Stock Purchase Plan (ESPP)
• Retiree Vesting Policy
• Retiree Vesting Policy Eligibility
• Related Information

Review Account

It is recommended that you access your stock and/or option account online via the Computershare EquityAccess Portal or contact Computershare Shareowner Services if you are leaving the company or changing status to review your account. You should also review your specific stock option and stock award agreements for the terms governing your stock and option awards.

Direct Stock Holdings

You may continue to hold your vested SAIC, Inc. common stock indefinitely, regardless of your employment status or affiliation with SAIC. Any unvested restricted stock held as of your date of termination will revert to the company (if retiring, see the Retiree Vesting Policy for possible exception). Full vesting of restricted stock awards occurs upon death or notification to SAIC of permanent disability. You should refer to your specific award agreement for the terms governing your stock award.

Stock Options

You should refer to your specific award agreement for the terms governing your stock options, including vesting and the termination date of your stock options. However, your options will generally no longer vest after your termination date (if retiring, see Retiree Vesting Policy for possible exception). Full vesting of options occurs upon death or notification to SAIC of permanent disability.

For options issued under the Science Applications International Corporation 1999 Stock Incentive Plan (granted PRIOR to October 2006), you will generally have 30 days following your date of termination to exercise the vested portion of your options. However, if the option's natural expiration date is prior to this, you must exercise your options by the natural expiration date. If you retire from the company and are at least 59½ years of age, you will generally have 90 days following your date of termination to exercise the vested portion of your options, unless the option's natural expiration date is prior to this.

For options issued under the SAIC, Inc. 2006 Equity Incentive Plan (granted AFTER October 2006), you will generally have 90 days from the date of your termination to exercise the vested portion of your option. However, if the option's natural expiration date is prior to this, you must exercise your options by the natural expiration date.

Refer to How to Exercise an Option for a step-by step guide on how to exercise stock options.

Employee Stock Purchase Plan (ESPP)

Any funds withheld from your paycheck not yet used to purchase stock will be refunded in your final paycheck.

Retiree Vesting Policy

The Retiree Vesting Policy allows eligible retirees to continue vesting in stock options and restricted stock awards granted after July 1, 2004 that have been held for at least one year prior to the date of the employee's retirement. Employees who are directors or executive officers at retirement and who retire after reaching the applicable mandatory retirement age will be allowed to continue vesting in their stock options and restricted stock, without regard to the one-year holding requirement.

Retiree Vesting Policy Eligibility

In order to be eligible to continue vesting in stock options and restricted stock as described above, a retiree would have to meet one of the following criteria:

1. retire after reaching age 59½ and have at least 10 years of service with the company;
2. retire after reaching age 59½ and employee's age plus years of service with the company equals at least 70;
3. if employee is an executive officer at retirement and retires after reaching the applicable mandatory retirement age, regardless of years of service with the company; or
4. if retiree is a director and retires either (A) after reaching the applicable mandatory retirement age or (B) at the end of a term of office if the director is not nominated for a successive term because the director would have reached the applicable mandatory retirement age during such successive term, regardless of years of service with the company.