Critical Path Inc. Contracts
Sample Business Contracts
Notice of Grant of Stock Options and Option Agreement - Critical Path Inc. and Pierre Van Beneden
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NOTICE OF GRANT OF STOCK OPTIONS CRITICAL PATH, INC.
AND OPTION AGREEMENT ID: 91-1788-300
532 Folsom Street
San Francisco, CA 94105
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PIERRE VAN BENEDEN OPTION NUMBER: 003438
532 FOLSOM ST. PLAN: 1998
SAN FRANCISCO, CA USA 94105 ID:
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Effective 11/09/2001, you have been granted a(n) Non-Qualified Stock Option to
buy 500,000 shares of Critical Path, Inc. (the Company) stock at $1.1300 per
share.
The total option price of the shares granted is $565,000.00.
Shares in each period will become fully vested on the date shown.
Shares Vest Type Full Vest Expiration
------ --------- --------- ----------
500,000 Monthly 11/09/2004 11/09/2011
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By your signature and the Company's signature below, you and the Company agree
that these options are granted under and governed by the terms and conditions of
the Company's Stock Option Plan, as amended and in effect, and the Option
Agreement applicable to such Plan, each of which is attached and made a part of
this document. This option grant may also be governed by the terms and
conditions of any written agreement between you and the Company.
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/s/ David Hayden
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Critical Path, Inc. Date
/s/ Pierre Van Beneden
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PIERRE VAN BENEDEN Date