X0202 4 2004-05-20 0001000180 SANDISK CORP SNDK 0001188096 MEINDL DR JAMES D 140 CASPIAN COURT SUNNYVALE CA 94089 1 0 0 0 Non-Qualified Stock Option (Right to Buy) 22.90 2004-05-20 4 A 0 32000 0 A 2004-05-20 2014-05-19 Common Stock 32000 32000 D Option shall be immediately exercisable for any or all of the option shares. However, any shares purchased under the option shall be subject to repurchase by the Corporation, at the exercise price paid per share, upon the Optionee's cessation of Board service prior to vesting in those shares. The option shall vest, and the Corporation's repurchase right shall lapse, upon the Optionee's completion of one (1) year of Board service measured from the option grant date. Sharon L. Spehar - Attorney in Fact for Dr. James D. Meindl 2004-05-24