0000950134-07-002616 Sample Contracts
INTUIT INC. STOCK OPTION ASSUMPTION AGREEMENTStock Option Assumption Agreement • February 9th, 2007 • Intuit Inc • Services-prepackaged software
As you know, on February 6, 2007, (the “Closing Date”) Intuit Inc. (“Intuit”) acquired Digital Insight Corporation (“Digital Insight”) (the “Acquisition”) pursuant to the Agreement and Plan of Merger by and among Intuit Inc., Durango Acquisition Corporation, and Digital Insight dated November 29, 2006 (the “Merger Agreement”). On the Closing Date you held one or more outstanding stock options to purchase shares of Digital Insight common stock granted to you under any of the Digital Insight 1997 Stock Plan, 1999 Stock Plan, and/or one or more stock options assumed by Digital Insight and originally granted to you under the AnyTime Access, Inc. 1997 Stock Plan (each a “Plan” and collectively referred to herein as the “Plans”). Pursuant to the Merger Agreement, on the Closing Date, Intuit assumed all obligations of Digital Insight under your outstanding option (or options). This Stock Option Assumption Agreement (the “Agreement”) evidences the terms of Intuit’s assumption of an option (or
DIGITAL INSIGHT CORPORATIONStock Option Agreement • February 9th, 2007 • Intuit Inc • Services-prepackaged software • California
Unless otherwise defined herein, the terms defined in the Digital Insight Corporation 1997 Stock Plan (the “Plan”), formerly the AnyTime Access, Inc. 1997 Stock Option Plan, shall have the same defined meanings in this Stock Option Agreement (this “Option Agreement”).