EX-10.66: SHARE OPTION AGREEMENT

EX-10.66 3 y24070exv10w66.txt EX-10.66: SHARE OPTION AGREEMENT SHARE OPTION AGREEMENT AND AMENDMENT OF THE LABOUR AGREEMENT Ciao GmbH Leopoldstrasse 236 80807 Munchen And Herrn Stephan Musikant Sonnenstra(beta)e 23 d 86923 Finning -hereinafter referred to as "Employee" PREAMBLE The Employee is employed with Ciao GmbH, formerly Ciao AG, since 16.09.2004 as Leader Media Sales. Ciao is a subsidiary of Greenfield Online Inc (hereinafter referred to as "Greenfield "). Ciao and Greenfield intend to implement a share option programme and grant their employees the option to purchase Greenfield's common stock. Besides the parties agree on an extension of the notice period. I. SHARE OPTIONS The Employee has been granted options to purchase 10.000 shares pursuant to the terms of the Greenfield's 2004 Equity Incentive Plan. These options will have an exercise price of $13.75. They will have a 7-year term and will vest according to the following schedule: 25% will vest on December 31, 2005, and 12.5% will vest on each 6-month anniversary thereafter. II. NOTICE PERIOD The notice period for both parties shall be 6 months to the end of month. If the period of notice that the Company has to observe is lengthened by statutory regulations, this prolongation shall also apply to the Employee. 1 III. VALIDITY OF LABOUR CONTRACT The rest of the terms and conditions stipulated in the Terms and Conditions of Employment, dated 15.06.2004, will remain unaffected. Munich, July 8, 2005 /s/ Maximilian Cartellieri /s/ Gunnar Piening - -------------------------------- ------------------------------- Ciao GmbH Ciao GmbH Munich, July 8, 2005 /s/ Stephan Musikant - --------------------------------