Notice of Stock Option Grant - AvantGo Inc. and Jeff Webber
AVANTGO, INC.
1997 STOCK OPTION PLAN
NOTICE OF STOCK OPTION GRANT
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Jeff Webber
R.B. Webber & Co.
1717 Embarcadero Road, #2000
Palo Alto, CA 94303
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: October 19, 1999
Date of Grant (Later of Board
Approval Date or
Commencement of
Employment/Consulting): October 19, 1999
Vesting Commencement Date: October 19, 1999
Exercise Price Per Share: $ 2.25
Total Number of Shares Granted: 40,000
Total Exercise Price: $90,000
Type of Option: ____ Incentive Stock Option ("ISO")
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X Nonstatutory Stock Option ("NSO")
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Term/Expiration Date: October 18, 2009
Vesting Schedule: This Option may be exercised
immediately, in whole or in part, and
shall vest in accordance with the
following schedule: 1/6th of the
Shares subject to the Option shall
vest and become exercisable on the six
(6) month anniversary of the Vesting
Commencement Date; and 1/36th of the
total number of Shares subject to the
Option shall vest on the 19th of each
month thereafter; provided, however,
that 100% of the Shares subject to
this option shall become vested and
immediately exercisable if the
Optionee is terminated
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immediately following a transaction
pursuant to Section 11(c) of the 1997
Stock Option Plan.
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.
Jeff Webber: AvantGo, Inc.:
_______________________________ By: __________________________________
Signature
_______________________________ ______________________________________
Print Name Print Name and Title
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