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 233,333 shares of company stock at $0.91 per share, effective November 1, 2001. The options are fully vested as of the grant date and expire on November 1, 2011. This agreement is governed by the terms of the company's 1998 Stock Option Plan and the attached Option Agreement. Both parties must sign to accept the terms.

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EX-10.21 21 f80193ex10-21.txt EXHIBIT 10.21 EXHIBIT 10.21 - -------------------------------------------------------------------------------- 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: 003374 PLAN: 1998 ID: - -------------------------------------------------------------------------------- Effective 11/1/2001, you have been granted a(n) Non-Qualified Stock Option to buy 233,333 shares of Critical Path, Inc. (the Company) stock at $0.9100 per share. The total option price of the shares granted is $212,333.03. Shares in each period will become fully vested on the date shown. Shares Vest Type Full Vest Expiration ------ --------- --------- ---------- 233,333 On Vest Date 11/1/2001 11/1/2011 - -------------------------------------------------------------------------------- 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. - -------------------------------------------------------------------------------- - ----------------------------------- -------------------------------- Critical Path, Inc. Date - ----------------------------------- -------------------------------- Laureen DeBuono Date