X0202 4 2007-03-09 0 0001043604 JUNIPER NETWORKS INC JNPR 0001349430 Minshull Edward 1194 NORTH MATHILDA AVENUE SUNNYVALE CA 94089 0 1 0 0 EVP Worldwide Field Operations Non-Qualified Stock Option (right to buy) 18.31 2007-03-09 4 A 0 70000 18.31 A 2008-03-09 2014-03-09 Common Stock 70000 70000 D Performance Shares (3 year) 0 2007-03-09 4 A 0 66000 0 A 2010-02-01 2010-03-09 Common Stock 66000 66000 D Vests as to 25% of the shares subject to the option one year from the grant date and monthly thereafter as to 1/48th of the shares subject to the option. The performance shares vest based on achievement of specific performance objectives over a three year period. The amount of performance shares earned is based on the achievement of annual performance targets established for that year. The number of shares represents the maximum quantity of shares issuable. By: Mitchell L. Gaynor, Attorney in fact For: Edward Minshull 2007-03-13