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EXHIBIT 10.9
EGROUPS, INC.
1998 STOCK OPTION PLAN
NOTICE OF STOCK OPTION GRANT
<<Optionee>>
<<Address>>
You have been granted an option to purchase Common Stock ("Common
Stock") of eGroups, Inc. (the "Company") as follows:
Board Approval Date: <<Board_Approval_Date>>
Date of Grant (Later of Board <<Date_of_Grant>>
Approval Date or
Commencement of
Employment/Consulting):
Vesting Commencement Date: <<Vesting_Commencement_Date>>
Exercise Price Per Share: $<<Exercise_Price_Per_Share>>
Total Number of Shares Granted: <<No_of_Shares>>
Total Exercise Price: $<<Total_Exercise_Price>>
Type of Option: <<ISO>> Incentive Stock Option
-------- ("ISO")
<<NSO>> Nonstatutory Stock Option
-------- ("NSO")
Term/Expiration Date: <<Term_Date>>
Vesting Schedule: This Option may be exercised
immediately, in whole or in part and
shall vest in accordance with the
following schedule: 25% of the Shares
subject to the Option shall vest on
the twelve (12) month anniversary of
the Vesting Commencement Date and
1/48 of the total number of Shares
subject to the Option shall vest on
the <<Monthly_Vest_Date>>day of each
month thereafter.
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Termination Period: This Option may be exercised
for 45 days after termination of
employment or consulting relationship
except as set out in Sections 6 and 7
of the Stock Option Agreement (but in
no event later than the Expiration
Date).
By your signature and the signature of the Company's representative
below, you and the Company agree that this Option is granted under and governed
by the terms and conditions of the 1998 Stock Option Plan and the Stock Option
Agreement, both of which are attached and made a part of this document.
<<OPTIONEE>> EGROUPS, INC.:
By:
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Signature Marjorie Sennett, Chief Financial
Officer
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Print Name
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