Notice of Stock Option Grant - AvantGo Inc. and David B. Cooper Jr.
AVANTGO, INC. 1997 STOCK OPTION PLAN NOTICE OF STOCK OPTION GRANT ---------------------------- David B. Cooper, Jr. 151 Waldo Avenue Piedmont, CA 94611 You have been granted an option to purchase Common Stock ("Common Stock") ------------ of AvantGo, Inc. (the "Company") as follows: ------- Board Approval Date: August 30, 2000 Date of Grant (Later of Board Approval Date or Commencement of Employment/Consulting): August 30, 2000 Vesting Commencement Date: August 29, 2000 Exercise Price Per Share: $8.90 Total Number of Shares Granted: 450,000 Total Exercise Price: $4,005,000 Type of Option: X Incentive Stock Option ("ISO") --- ___ Nonstatutory Stock Option ("NSO") Term/Expiration Date: August 30, 2010 Vesting Schedule: This Option may be exercised immediately, in whole or in part, and shall vest in accordance with the following schedule: 25% of the Shares subject to the Option shall vest on the twelve (12) month anniversary of the Vesting Commencement Date and 1/48 of the total number of Shares subject to the Option shall vest on the thirtieth day (or, in the event that a month has less than thirty days, the last day) of each month thereafter. <PAGE> Termination Period: This Option may be exercised for 45 days after termination of employment or consulting relationship except as set out in Sections 6 and 7 of the Stock Option Agreement (but in no event later than the Expiration Date). By your signature and the signature of the Company's representative below, you and the Company agree that this Option is granted under and governed by the terms and conditions of the 1997 Stock Option Plan and the Stock Option Agreement, both of which are attached and made a part of this document. David B. Cooper, Jr.: AvantGo, Inc.: _______________________________ By:_______________________________ Signature _______________________________ __________________________________ Print Name Print Name and Title -2-