Critical Path, Inc. Non-Qualified Stock Option Grant and Agreement with Laureen DeBuono

Contract Categories: Business Finance › Warrant Agreements
Summary

Critical Path, Inc. has granted Laureen DeBuono a non-qualified stock option to purchase 200,000 shares of company stock at $0.34 per share, effective September 5, 2001. The agreement outlines the vesting schedule, with 33,332 shares vesting immediately and the remainder vesting monthly starting February 4, 2002, all expiring on September 5, 2011. Both parties agree that the grant is subject to the terms of the company's Stock Option Plan and the attached Option Agreement.

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EX-10.19 19 f80193ex10-19.txt EXHIBIT 10.19 EXHIBIT 10.19 - -------------------------------------------------------------------------------- NOTICE OF GRANT OF STOCK OPTIONS CRITICAL PATH, INC. AND OPTION AGREEMENT ID: 91-1788-300 532 Folsom Street San Francisco, CA 94105 - -------------------------------------------------------------------------------- LAUREEN DEBUONO OPTION NUMBER: 004250 PLAN: 1998 ID: - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- 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. - -------------------------------------------------------------------------------- /s/ David Hayden - ----------------------------------- -------------------------------- Critical Path, Inc. Date /s/ Laureen DeBuono - ----------------------------------- -------------------------------- Laureen DeBuono Date