Notice of Stock Option Grant - AvantGo Inc. and Thomas Hunter
AVANTGO, INC.
1997 STOCK OPTION PLAN
NOTICE OF STOCK OPTION GRANT
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Thomas Hunter
You have been granted an option to purchase Common Stock ("Common Stock")
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of AvantGo, Inc. (the "Company") as follows:
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Board Approval Date: September 21, 1999
Date of Grant (Later of Board
Approval Date or
Commencement of
Employment/Consulting): September 21, 1999
Vesting Commencement Date: August 16, 1999
Exercise Price Per Share: $1.75
Total Number of Shares Granted: 293,500
Total Exercise Price: $513,625
Type of Option: X Incentive Stock Option ("ISO")
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_____ Nonstatutory Stock Option ("NSO")
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Term/Expiration Date: ((ExpirationDate))
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 16th of
each month thereafter.
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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.
Thomas Hunter: AvantGo, Inc.:
/s/ Thomas Hunter By: /s/ Linus Upson
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Signature
Thomas Hunter Linus Upson, President
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