Exhibit 10.9

 

New Hire Authorization—Updated Appendix

 

Stock options covering an aggregate of 7,000 shares of common stock were granted
to two non-executive officer employees on February 3, 2006 under the Company’s
New Hire Authorization as an inducement to entering into employment with the
Company. The options include a ten-year duration and an exercise price equal to
the closing price of Dendrite’s stock on the business day immediately preceding
the date of grant. The vesting schedule for the options is as follows:  (i)
twenty-five percent (25%) of the options shall first become exercisable on the
first anniversary of date of grant and (ii) the remaining seventy-five percent
(75%) shall become exercisable pro rata over the following three (3) year
period, on a monthly basis, commencing on the first anniversary of the date of
grant and ending on the fourth anniversary of the date of grant.

 

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