Notice of Grant of Stock Options and Option Agreement - Critical Path Inc. and Laureen DeBuono
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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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LAUREEN DEBUONO OPTION NUMBER: 003432
PLAN: 1998
ID:
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Effective 11/9/2001, you have been granted a(n) Non-Qualified Stock Option to
buy 234,686 shares of Critical Path, Inc. (the Company) stock at $1.1300 per
share.
The total option price of the shares granted is $265,195.18.
Shares in each period will become fully vested on the date shown.
Shares Vest Type Full Vest Expiration
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234,686 On Vest Date 11/9/2001 11/9/2011
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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 the Option Agreement, all of
which are attached and made a part of this document.
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/s/ David Hayden
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Critical Path, Inc. Date
/s/ Laureen DeBuono
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Laureen DeBuono Date