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Sample Business Contracts

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:  004250
                                                PLAN:           1998
                                                ID:

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Effective 9/5/2001, you have been granted a(n) Non-Qualified Stock Option to buy
200,000 shares of Critical Path, Inc. (the Company) stock at $0.3400 per share.

The total option price of the shares granted is $68,000.00.

Shares in each period will become fully vested on the date shown.

                Shares       Vest Type       Full Vest       Expiration
                ------       ---------       ---------       ----------
                33,332     On Vest Date      9/5/2001         9/5/2011
               166,668          Monthly      2/4/2002         9/5/2011


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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