EXHIBIT 99.9 FORM OF NOTICE OF GRANT OF AUTOMATIC STOCK OPTION (ANNUAL) ANNUAL GRANT JUNO ONLINE SERVICES, INC. NOTICE OF GRANT OF NON-EMPLOYEE DIRECTOR AUTOMATIC STOCK OPTION Notice is hereby given of the following option grant (the "Option") to purchase shares of the Common Stock of Juno Online Services, Inc. (the "Corporation"): Optionee: _______________________________________________________ Grant Date: _____________________________________________________ Exercise Price: $ _____________________________________ per share Number of Option Shares: 7,777 shares Expiration Date: ________________________________________________ Type of Option: Non-Statutory Stock Option Date Exercisable: The Option shall become exercisable in full upon Optionee's completion of six (6) months of Board service measured from the Grant Date. In no event shall the Option become exercisable for any additional Option Shares after Optionee's cessation of Board service. Optionee understands and agrees that the Option is granted subject to and in accordance with the terms of the automatic option grant program under the Juno Online Services, Inc. 1999 Stock Incentive Plan (the "Plan"). Optionee further agrees to be bound by the terms of the Plan and the terms of the Option as set forth in the Automatic Stock Option Agreement attached hereto as Exhibit A. A copy of the Plan is available upon request made to the Corporate Secretary at the Corporation's principal offices. No Impairment of Rights. Nothing in this Notice or in the attached Automatic Stock Option Agreement or the Plan shall interfere with or otherwise restrict in any way the rights of the Corporation or the Corporation's stockholders to remove Optionee from the Board at any time in accordance with the provisions of applicable law. Definitions. All capitalized terms in this Notice shall have the meaning assigned to them in this Notice or in the attached Automatic Stock Option Agreement. DATED: ________________, 199 ___ JUNO ONLINE SERVICES, INC. By: _____________________________________ Title:____________________________________ _____________________________________ OPTIONEE Address: ________________________________ ________________________________ ATTACHMENTS Exhibit A - Automatic Stock Option Agreement 2. EXHIBIT A AUTOMATIC STOCK OPTION AGREEMENT