Exhibit 10.19

iPass Inc.
Management Bonus Structure
2005 Plan

                                              Lower     Target     Upper   2005
Financial Incentive Goals   Weight     Boundary     Plan     Boundary    
Broadband and New Services Revenues
    [*] %   $ [*]     $ [*]     $ [*]  
Total iPass Revenues
    [*] %   $ [*]     $ [*]     $ [*]  
Non-GAAP Earnings Per Share
    [*] %   $ [*]     $ [*]     $ [*]  
Contract MC
    [*] %   $ [*]     $ [*]     $ [*]  
 
                             
 
    100.0 %                        
 
                             

 
2005 Participant Payout Schedule:

                                                  Officer   Officer   Annual    
Quarterly     Quarterly     Q1     Incentive   Name   Title   Incentive    
Incentive     Incentive @ 80%     Payout     Variance    
Denman*
  Kenneth D.   Chairman and CEO   $ 150,000     $ 37,500     $ 37,500          
       
Charters
  John   Chief Operating Officer   $ 100,000     $ 25,000     $ 20,000          
       
Lal
  Anurag   VP, Business Development   $ 100,000     $ 25,000     $ 20,000      
           
McCauley
  Donald C.   VP, Fin. & Admin. and CFO   $ 100,000     $ 25,000     $ 20,000  
               
Posey
  Bruce K.   VP, Gen. Counsel and Corp. Sec.   $ 80,000     $ 20,000     $
16,000                  
Thuma
  John P.   VP, Worldwide Sales   $ 100,000     $ 25,000     $ 20,000          
       
Wachtler
  Joel B.   VP, Prod. Mgmt. and Strategy   $ 65,000     $ 16,250     $ 13,000  
                                             
 
                          $ 146,500     $ —     $ —                            
   

2005 Methodology:
100% paid at Target level, 50% at Lower Boundary, 150% at Upper Boundary;
Straight line pro-rata calculation between levels;
Below Lower Boundary, no payment. Above Upper Boundary, straight-line additional
payout;
Separate Targets set for each quarter (see attached); each quarter stands on its
own.

* Mr. Denman has 100% of quarterly incentive tied to this management bonus plan.
All others have 80% tied to this plan and 20% personal objectives.

[*] Indicates target levels with respect to specific quantitative or qualitative
performance related-factors, or factors or criteria involving confidential
commercial or business information, the disclosure of which would have an
adverse effect on iPass Inc., which have not been provided consistent with the
treatment of similar information under Instruction 2 to Item 402(k) of
Regulation S-K.

 

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MANAGEMENT BONUS PROGRAM 2005

Financial Targets

                              50%     100%     150%       Lower     Company    
Upper       Boundary     Target     Boundary  
1st Quarter 2005
                       
Total iPass Revenues
    [*]       [*]       [*]  
Non-GAAP EPS
  $ [*]     $ [*]     $ [*]  
Contract MC
    [*]       [*]       [*]  
Broadband & New Services Revenue
    [*]       [*]       [*]  
 
                       
2nd Quarter 2005
                       
Total iPass Revenues
    [*]       [*]       [*]  
Non-GAAP EPS
  $ [*]     $ [*]     $ [*]  
Contract MC
    [*]       [*]       [*]  
Broadband & New Services Revenue
    [*]       [*]       [*]  
 
                       
3rd Quarter 2005
                       
Total iPass Revenues
    [*]       [*]       [*]  
Non-GAAP EPS
  $ [*]     $ [*]     $ [*]  
Contract MC
    [*]       [*]       [*]  
Broadband & New Services Revenue
    [*]       [*]       [*]  
 
                       
4th Quarter 2005
                       
Total iPass Revenues
    [*]       [*]       [*]  
Non-GAAP EPS
  $ [*]     $ [*]     $ [*]  
Contract MC
    [*]       [*]       [*]  
Broadband & New Services Revenue
    [*]       [*]       [*]  
 
                       
Full Year 2005
                       
Total iPass Revenues
    [*]       [*]       [*]  
Non-GAAP EPS
    [*]       [*]       [*]  
Contract MC
    [*]       [*]       [*]  
Broadband & New Services Revenue
    [*]       [*]       [*]  

Notes
Broadband revenues for the Lower and Upper Boundaries are based on a –[*]% and
+[*]% adjustment to the target revenue. Revenues for the Lower and Upper
Boundaries are based on a -[*]% and +[*]% adjustment to the target revenue

Non-GAAP EPS for the Lower and Upper Boundaries are based on a -$[*] and +$[*]
adjustment, except for Q1 & Q2 where Lower Boundary set Contract MC for the
Lower Boundary is based on quarterly average 2004 MC results and the Upper
Boundary is based on Sales quota targets

New Services Revenue for the Lower and Upper Boundaries are based on a -[*]% and
+[*]% adjustment from the Target.

[*] Indicates target levels with respect to specific quantitative or qualitative
performance related-factors, or factors or criteria involving confidential
commercial or business information, the disclosure of which would have an
adverse effect on iPass Inc., which have not been provided consistent with the
treatment of similar information under Instruction 2 to Item 402(k) of
Regulation S-K.