M-WISE, INC.
APPENDIX A
TO M-WISE, INC.'S
ISRAEL STOCK OPTION PLAN (2003)
(SECTION 9.2)
NOTICE OF EXERCISE
Date: ______________
The Trustee under the m-Wise, Inc.
EMPLOYEE STOCK OPTION PLAN (2003) (THE "PLAN")
Dear Sirs,
Re: NOTICE OF EXERCISE
I hereby wish to inform you that it is my desire that of the Option which was
granted to you on ________ to acquire ______ (________) Common Stock of m-Wise,
Inc. (the "Company") on my behalf, you exercise and acquire on my behalf ______
(________) of the Common Stock subject to the said Option at a price of $____
per share, all in accordance with the Plan.
Attached to this Notice is a cheque in the amount of $________ as payment for
the abovementioned shares.
I am aware that all the shares shall be allotted to you, registered in your name
and that you shall hold all the share certificates representing such shares.
Likewise, I am aware of and agree to all the other provisions of the Plan,
Section 102 and applicable laws.
Yours sincerely,
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Employee's name
M-WISE, INC.
APPENDIX B
TO M-WISE, INC.'S
ISRAEL STOCK OPTION PLAN (2003)
(SECTION 9.4)
NOTICE OF EXERCISE
Date: ______________
M-WISE, INC.
Dear Sirs,
Re: NOTICE OF EXERCISE
Please be advised that I hereby exercise ________ (________) of the Common Stock
subject to the Option which was granted to me on behalf of __________ on
________ to acquire ________ (________) Common Stock of m-Wise, Inc., at a price
of $____ per share, all in accordance with the Plan.
Attached to this Notice is a cheque in the amount of $________ as payment for
the abovementioned shares.
Yours sincerely,
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The Trustee
M-WISE, INC.
APPENDIX C
TO M-WISE, INC.'S
ISRAEL STOCK OPTION PLAN (2003)
(SECTION 10.2)
IRREVOCABLE PROXY AND POWER OF ATTORNEY
I, the undersigned, ________, hereby appoint ________ or whoever shall replace
him as trustee pursuant to m-Wise, Inc.'s Israel Stock Option Plan (2003)
(hereinafter: the "Trustee", the "Company" and the "Plan" respectively) as my
proxy to participate and vote (or abstain) for me and on my behalf as he at his
sole discretion of shall deem appropriate, on all matters at all meetings of
shareholders of the Company (whether ordinary, extraordinary or otherwise), on
behalf of all the shares and/or options of the Company held by the Trustee on my
behalf and hereby authorize and grant a power of attorney to the Trustee as
follows:
I hereby authorize and grant power of attorney to the Trustee for as long as any
shares or options which were allotted or granted on my behalf are held by the
Trustee or registered in his name, or for as long as the certificates
representing any shares are held by the Trustee, to exercise every right, power
and authority with respect to the shares and/or options and to sign in my name
and on my behalf any document (including any agreement, including a merger
agreement of the Company or an agreement for the purchase or sale of assets or
shares (including the shares of the Company held on my behalf) and any and all
documentation accompanying any such agreements, such as, but not limited to,
decisions, requests, instruments, receipts and the like), and any affidavit or
approval with respect to the shares and/or options or to the rights which they
represent in the Company in as much as the Trustee shall deem it necessary or
desirable to do so. In addition and without derogating from the generality of
the foregoing, I hereby authorize and grant power of attorney to the Trustee to
sign any document as aforesaid and any affidavit or approval (such as any waiver
of rights of first refusal to acquire shares which are offered for sale by other
shareholders of the Company and/or any preemptive rights to acquire any shares
being allotted by the Company, in as much as such rights shall exist pursuant to
the Company's incorporation documents as shall be in existence from time to
time) and/or to make and execute any undertaking in my name and on my behalf if
the Trustee shall, at his sole discretion, deem that the document, affidavit or
approval is necessary or desirable for purposes of any placement of securities
of the Company, whether private or public (including lock-up arrangements and
undertakings), whether in Israel or abroad, for purposes of a merger of the
Company with another entity, whether the Company is the surviving entity or not,
for purposes of any reorganization or recapitalization of the Company or for
purposes of any purchase or sale of assets or shares of the Company.
This Proxy and Power of Attorney shall be interpreted in the widest possible
sense, in reliance upon the Plan and upon the goals and intentions thereof, and
in accordance with the instructions of the Board of Directors of the Company
(the "Board") (including any committee designated by the Board pursuant to the
Plan) and its determinations.
This Proxy and Power of Attorney shall expire and cease to be of force and
effect immediately after the consummation of the IPO (as such term is defined in
the Plan) and shall be irrevocable until such time as the rights of the Company
and the Company's shareholders are dependent hereon. The expiration of this
Power of Attorney shall in no manner effect the validity of any document (as
aforesaid), affidavit or approval which has been signed or given as aforesaid
prior to the expiration hereof and in accordance herewith.
IN WITNESS WHEREOF, I have executed this Proxy and Power of Attorney on
the __ day of ______, 2004.
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CONFIRMATION
I, the undersigned, ________, hereby confirm the signature of _______which
appears above.
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