DEMANDWARE, INC. Incentive Stock Option Agreement Granted Under 2012 Stock Incentive PlanStock Option Agreement • March 3rd, 2014 • Demandware Inc • Services-computer programming services • Delaware
This agreement evidences the grant by Demandware, Inc., a Delaware corporation (the “Company”), on , 20 __(the “Grant Date”) to , an employee of the Company (the “Participant”), of an option to purchase, in whole or in part, on the terms provided herein and in the Company’s 2012 Stock Incentive Plan (the “Plan”), a total of shares (the “Shares”) of common stock, $0.01 par value per share, of the Company (“Common Stock”) at $ per Share. Unless earlier terminated, this option shall expire at 5:00 p.m., Eastern time, on , 20__(the “Final Exercise Date”).
Confidential February 10, 2014 By Hand Scott J. DussaultDemandware Inc • March 3rd, 2014 • Services-computer programming services • Massachusetts
As we have discussed, your employment with Demandware, Inc. (the “Company”) will end as of June 6, 2014 (the “termination date”). In connection with your employment termination, you will be eligible to receive the severance benefits described in Section 3 of this letter agreement if you timely sign and return this letter agreement to Sheila Flaherty at 5 Wall Street, Burlington, MA 01803 no later than February 18, 2014 and you timely sign and return the release of claims (the “Release”) in Annex A immediately following, and not before, the close of business on the termination date. By timely signing and returning this letter agreement, you will be entering into a binding agreement with the Company and will be agreeing to the terms and conditions set forth in the numbered sections below. The Release will also be a binding agreement with the Company seven days after you sign it, except as provided in the Release under Acknowledgement and Revocation. Therefore, you are advised to consult
