X0201 32003-11-10 0 0001078271 EXTREME NETWORKS INC EXTR 0001258527 SLAKEY WILLIAM R C/O EXTREME NETWORKS, INC. 3585 MONROE STREET SANTA CLARA CA 95051 0100Chief Financial OfficerNon-Qualified Stock Option (right to buy)7.072013-10-23Common Stock450000DNon-qualified Stock Option (right to buy)7.072013-10-23Common Stock200000DOption is exercisable as vested; 25% vests on 10/23/2004 and then 1/48 vests each full month thereafter until fully vested.Option is exercisable as vested; 25% vests on 10/23/2006 and then 1/48 vests each full month thereafter until fully vested. The vesting of shares subject to this option may accelerate based upon achievement of performance based criteria.William R. Slakey2003-11-11