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