================================================================================
NOTICE OF GRANT OF STOCK OPTIONS COGNIZANT CORPORATION
AND OPTION AGREEMENT
ID: ###-##-####
200 Nyala Farms
Westport, CT 06880
- - --------------------------------------------------------------------------------
NAME PLAN:
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Effective 11/15/96, you have been granted a Non-Qualified Stock Option to buy
_____ shares of Cognizant Corporation (the Company) stock at $33.3750 per
share.
The total option price of the shares granted is ________.
Shares in each period will become fully vested on the date shown.
Number of Shares Vest Type Full Vest Expiration Date
---------------- ------------- ----------- ---------------
On Vest Date 11/15/97 11/14/06
On Vest Date 11/15/98 11/14/06
On Vest Date 11/15/99 11/14/06
On Vest Date 11/15/00 11/14/06
On Vest Date 11/15/01 11/14/06
On Vest Date 11/15/02 11/14/06
- - --------------------------------------------------------------------------------
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 Key Employees Stock Incentive Plan and the Plan Prospectus, all of
which are attached and made part of this document.
================================================================================
___________________________________________ _____________________________
Cognizant Corporation Date
___________________________________________ _____________________________
Name Date
================================================================================
NOTICE OF GRANT OF STOCK OPTIONS COGNIZANT CORPORATION
AND OPTION AGREEMENT
ID: 06-1450569
200 Nyala Farms
Westport, CT 06880
- - --------------------------------------------------------------------------------
NAME PLAN:
================================================================================
Effective 11/15/96, you have been granted a Non-Qualified Stock Option to buy
_______ shares of Cognizant Corporation (the Company) stock at $33.3750 per
share.
The total option price of the shares granted is ________.
Shares in each period will become fully vested on the date shown.
Number of Shares Vest Type Full Vest Expiration Date
---------------- ------------- ----------- ---------------
On Vest Date 11/15/97 11/14/06
On Vest Date 11/15/98 11/14/06
On Vest Date 11/15/99 11/14/06
On Vest Date 11/15/00 11/14/06
On Vest Date 11/15/01 11/14/06
On Vest Date 11/15/02 11/14/06
Notwithstanding anything to the contrary in this Award Agreement, upon the
occurrence of a "Change in Control" (as such term is defined in the change-in
control agreement entered into by the Participant and the Company), then all
unvested options will become immediately exercisable.
- - --------------------------------------------------------------------------------
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 Key Employees Stock Incentive Plan and the Plan Prospectus, all of
which are attached and made part of this document.
================================================================================
___________________________________________ _____________________________
Cognizant Corporation Date
___________________________________________ _____________________________
Name Date
================================================================================
NOTICE OF GRANT OF STOCK OPTIONS COGNIZANT CORPORATION
AND OPTION AGREEMENT
ID: 06-1450569
200 Nyala Farms
Westport, CT 06880
- - --------------------------------------------------------------------------------
NAME PLAN:
================================================================================
Effective 11/15/96, you have been granted a Non-Qualified Stock Option to buy
______ shares of Cognizant Corporation (the Company) stock at $33.3750 per
share.
The total option price of the shares granted is _________.
Shares in each period will become fully vested on the date shown.
Number of Shares Vest Type Full Vest Expiration Date
---------------- ------------- ----------- ---------------
On Vest Date 11/15/97 11/14/06
On Vest Date 11/15/98 11/14/06
On Vest Date 11/15/99 11/14/06
On Vest Date 11/15/00 11/14/06
On Vest Date 11/15/01 11/14/06
On Vest Date 11/15/02 11/14/06
Notwithstanding anything to the contrary in this Award Agreement, upon the
occurrence of a "Change in Control" (as such term is defined in the change-in
control agreement entered into by the Participant and the Company), then all
unvested options will become immediately exercisable.
You have the right to elect to reduce the number of shares you receive upon
exercise of an option by the amount necessary to satisfy your withholding tax
obligation.
- - --------------------------------------------------------------------------------
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 Key Employees Stock Incentive Plan and the Plan Prospectus, all of
which are attached and made part of this document.
================================================================================
___________________________________________ _____________________________
Cognizant Corporation Date
___________________________________________ _____________________________
Name Date
================================================================================
NOTICE OF GRANT OF REPLACEMENT COGNIZANT CORPORATION
OPTIONS AND OPTION AGREEMENT
ID: 06-1450569
200 Nyala Farms
Westport, CT 06880
- - --------------------------------------------------------------------------------
NAME
================================================================================
Effective 11/01/96, you have been granted a replacement stock option under the
1996 Cognizant Corporation Replacement Plan for Certain Employees Holding The
Dun & Bradstreet Corporation Equity-Based Awards (the "Plan") to purchase the
number of shares of the Company's common stock that are set forth in the
attached statement (the "Statement") prior to the expiration date(s) set forth
in the Statement at the option price(s) per share set forth in the Statement.
- - --------------------------------------------------------------------------------
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 Incentive Plan(s) and the Plan Prospectus, all of which are
attached and made a part of this document.
================================================================================
___________________________________________ _____________________________
Cognizant Corporation Date
___________________________________________ _____________________________
Name Date
================================================================================
NOTICE OF GRANT OF REPLACEMENT COGNIZANT CORPORATION
OPTIONS AND OPTION AGREEMENT
ID: 06-1450569
200 Nyala Farms
Westport, CT 06880
- - --------------------------------------------------------------------------------
NAME
================================================================================
Effective 11/01/96, you have been granted a replacement stock option under the
1996 Cognizant Corporation Replacement Plan for Certain Employees Holding The
Dun & Bradstreet Corporation Equity-Based Awards (the "Plan") to purchase the
number of shares of the Company's common stock that are set forth in the
attached statement (the "Statement") prior to the expiration date(s) set forth
in the Statement at the option price(s) per share set forth in the Statement.
Notwithstanding anything to the contrary in this Award Agreement, upon the
occurrence of a "Change in Control" (as such term is defined in the change-in
control agreement entered into by the Participant and the Company), then all
unvested options will become immediately exercisable.
- - --------------------------------------------------------------------------------
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 Incentive Plan(s) and the Plan Prospectus, all of which are
attached and made a part of this document.
================================================================================
___________________________________________ _____________________________
Cognizant Corporation Date
___________________________________________ _____________________________
Name Date
================================================================================
NOTICE OF GRANT OF REPLACEMENT COGNIZANT CORPORATION
OPTIONS AND OPTION AGREEMENT
ID: 06-1450569
200 Nyala Farms
Westport, CT 06880
- - --------------------------------------------------------------------------------
NAME
================================================================================
Effective 11/01/96, you have been granted a replacement stock option under the
1996 Cognizant Corporation Replacement Plan for Certain Employees Holding The
Dun & Bradstreet Corporation Equity-Based Awards (the "Plan") to purchase the
number of shares of the Company's common stock that are set forth in the
attached statement (the "Statement") prior to the expiration date(s) set forth
in the Statement at the option price(s) per share set forth in the Statement.
Notwithstanding anything to the contrary in this Award Agreement, upon the
occurrence of a "Change in Control" (as such term is defined in the change-in
control agreement entered into by the Participant and the Company), then all
unvested options will become immediately exercisable.
You have the right to elect to reduce the number of shares you receive upon
exercise of an option by the amount necessary to satisfy your withholding tax
obligation.
- - --------------------------------------------------------------------------------
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 Incentive Plan(s) and the Plan Prospectus, all of which are
attached and made a part of this document.
================================================================================
___________________________________________ _____________________________
Cognizant Corporation Date
___________________________________________ _____________________________
Name Date