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SELECTICA , I NC. 1999 E QUITY INCENTIVE PLAN: NOTICE O F STOCK UNIT AWARD

Equity Incentive Plan Agreement

SELECTICA , I NC. 1999 E QUITY INCENTIVE PLAN: NOTICE O F STOCK UNIT AWARD | Document Parties: SELECTICA INC You are currently viewing:
This Equity Incentive Plan Agreement involves

SELECTICA INC

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Title: SELECTICA , I NC. 1999 E QUITY INCENTIVE PLAN: NOTICE O F STOCK UNIT AWARD
Governing Law: Delaware     Date: 7/9/2009
Industry: Software and Programming     Sector: Technology

SELECTICA , I NC. 1999 E QUITY INCENTIVE PLAN: NOTICE O F STOCK UNIT AWARD, Parties: selectica inc
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Exhibit 10.39

S ELECTICA , I NC .

1999 E QUITY I NCENTIVE P LAN :

N OTICE O F S TOCK U NIT A WARD

You have been granted units representing shares of Common Stock of Selectica, Inc. (the “Company”) on the following terms:

 

Name of Recipient:

  

«Name»

Total Number of Units Granted:

  

«TotalUnits»

Date of Grant:

  

«DateGrant»

Vesting Commencement Date:

  

«VestDay»

Vesting Schedule:

  

The first «CliffPercent»% of the units subject to this award will vest when you complete «CliffPeriod» months of continuous “Service” (as defined in the Plan) after the Vesting Commencement Date. Thereafter, an additional «IncrementPercent»% of the units subject to this award will vest when you complete each «IncrementPeriod»-month period of continuous Service.

You and the Company agree that these units are granted under and governed by the terms and conditions of the Selectica, Inc. 1999 Equity Incentive Plan (the “Plan”) and the Stock Unit Agreement, both of which are attached to and made a part of this document.

You further agree that the Company may deliver by email all documents relating to the Plan or this award (including, without limitation, prospectuses required by the Securities and Exchange Commission) and all other documents that the Company is required to deliver to its security holders (including, without limitation, annual reports and proxy statements). You also agree that the Company may deliver these documents by posting them on a website maintained by the Company or by a third party under contract with the Company. If the Company posts these documents on a website, it will notify you by email.

 

R ECIPIENT :

 

 

S ELECTICA , I NC .

 

 

 

By:

 

 

 

 

 

Title:

 

 


S ELECTICA , I NC .

1999 E QUITY I NCENTIVE P LAN :

S TOCK U NIT A GREEMENT

 

Payment for Units

  

No payment is required for the units that you are receiving.

Vesting

  

The units vest in installments, as shown in the Notice of Stock Unit Award. In addition, the units may vest on an accelerated basis pursuant to Article 11 of the Plan. No additional units vest after your Service has terminated for any reason.

Forfeiture

  

If your Service terminates for any reason, then your units will be forfeited to the extent that they have not vested before the termination date and do not vest as a result of the termination. This means that any units that have not vested under this Agreement will immediately be cancelled. You receive no payment for units that are forfeited.

  

The Company determines when your Service terminates for this purpose.

Leaves of Absence

and Part-Time

Work

  

For purposes of this award, your Service does not terminate when you go on a military leave, a sick leave or another bona fide leave of absence, if the leave was approved by the Company in writing and if continued crediting of Service is required by applicable law, the Company’s leave of absence policy or the terms of your leave. But your Service terminates when the approved leave ends, unless you immediately return to active work.

  

If you go on a leave of absence, then the vesting schedule specified in the Notice of Stock Unit Award may be adjusted in accordance with the Company’s leave of absence policy or the terms of your leave. If you commence working on a part-time basis, then the vesting schedule specified in the Notice of Stock Unit


 
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