Document:

<PAGE>

                                                                     EXHIBIT 4.4

                             EVOLVE SOFTWARE, INC.
                                   NON-PLAN
                            STOCK OPTION AGREEMENT

I.  NOTICE OF STOCK OPTION GRANT
    ----------------------------

     ________________
     ________________
     ________________

     You have been granted a Nonstatutory Stock Option to purchase Common Stock
of the Company, subject to the terms and conditions of this Agreement, as
follows:
<TABLE>
<CAPTION>

     Date of Grant                         August 10, 2000
<S>                                        <C>

     Vesting Period Commencement Date      August ___, 2000

     Exercise Price per Share              $9.00

     Total Number of Shares Granted        _________

     Total Exercise Price                  $_______

     Term/Expiration Date:                 August 10, 2010

</TABLE>
<PAGE>

     This Option may be exercised, in whole or in part, in accordance with the
following schedule and the terms set out in the Agreement:

     The number of shares designated as vesting "Annually" in the Vest Type
column in the Notice of Grant will become exercisable in a single installment on
the date listed in the Full Vest column in the Notice of Grant (the "Initial
Vest Date").

     1/36th of the shares designated as vesting "Monthly" in the Vest Type
column in the Notice of Grant will become exercisable at the end of each month
following the Initial Vest Date.

     Termination Period:
     ------------------

     This Option may be exercised in respect of any shares at any time between
the date of vesting and the date ninety (90) days after Optionee ceases to be a
Service Provider in accordance with Section 9 of this Agreement.  Upon the death
or Disability of the Optionee, this Option may be exercised at any time between
the date of vesting and the date one year after Optionee ceased to be a Service
Provider in accordance with Section 9 of this Agreement.  In no event shall this
Option be exercised later than the Term/Expiration Date stated above.

II.  AGREEMENT
     ---------

     1.  Definitions.  As used herein, the following definitions shall apply:
         -----------

          (a) "Agreement" means this stock option agreement between the Company
               ---------
and Optionee evidencing the terms and conditions of this Option.

          (b) "Applicable Laws" means the requirements relating to the
               ---------------
administration of stock options under U. S. state corporate laws, U.S. federal
and state securities laws, the Code, any stock exchange or quotation system on
which the Common Stock is listed or quoted and the applicable laws of any
foreign country or jurisdiction that may apply to this Option.

          (c) "Board" means the Board of Directors of the Company or any
               -----
committee of the Board which has been designated by the Board to administer this
Agreement.

          (d) "Code" means the U.S. Internal Revenue Code of 1986, as amended.
               ----

          (e) "Common Stock" means the common stock of the Company.
               ------------

          (f) "Company" means Evolve Software, Inc., a Delaware corporation.
               -------

          (g) "Consultant" means any person, including an advisor, engaged by
               ----------
the Company or a Parent or Subsidiary to render services to such entity.

          (h) "Director" means a member of the Board.
               --------
<PAGE>

          (i) "Disability" means total and permanent disability as defined in
               ----------
Section 22(e)(3) of the Code.

          (j) "Employee" means any person, including Officers and Directors,
               --------
employed by the Company or any Parent or Subsidiary of the Company.  A Service
Provider shall not cease to be an Employee in the case of (i) any leave of
absence approved by the Company or (ii) transfers between locations of the
Company or between the Company, its Parent, any Subsidiary, or any successor.
Neither service as a Director nor payment of a director's fee by the Company
shall be sufficient to constitute "employment" by the Company.

          (k) "Exchange Act" means the Securities Exchange Act of 1934, as
               ------------
amended.

          (l) "Fair Market Value" means, as of any date, the value of Common
               -----------------
Stock determined, its Fair Market Value shall be the closing sales price for
such stock (or the closing bid, if no sales were reported) as quoted on any
established stock exchange or a national market system, including without
limitation the Nasdaq National Market or The Nasdaq SmallCap Market of The
Nasdaq Stock Market for the last market trading day prior to the time of
determination, as reported in The Wall Street Journal or such other source as
the Board deems reliable.

          (m) "Nonstatutory Stock Option" means an Option not intended to
               -------------------------
qualify as an incentive stock option within the meaning of Section 422 of the
Code and the regulations promulgated thereunder.

          (n) "Notice of Grant" means a written notice, in Part I of this
               ---------------
Agreement, evidencing certain the terms and conditions of this Option grant.
The Notice of Grant is part of the Option Agreement.

          (o) "Officer" means a person who is an officer of the Company within
               -------
the meaning of Section 16 of the Exchange Act and the rules and regulations
promulgated thereunder.

          (p) "Option" means this stock option.
               ------

          (q) "Optioned Stock" means the Common Stock subject to this Option.
               --------------

          (r) "Optionee" means the person named in the Notice of Grant or such
               --------
person's successor.

          (s) "Parent" means a "parent corporation," whether now or hereafter
               ------
existing, as defined in Section 424(e) of the Code.

          (t) "Service Provider" means an Employee, Director or Consultant.
               ----------------

          (u) "Share" means a share of the Common Stock, as adjusted in
               -----
accordance with Section 10 of this Agreement.
<PAGE>

          (v) "Subsidiary" means a "subsidiary corporation", whether now or
               ----------
hereafter existing, as defined in Section 424(f) of the Code.

     2.  Grant of Option.  The Board hereby grants to the Optionee named in the
         ---------------
Notice of Grant attached as Part I of this Agreement the Option to purchase the
number of Shares, as set forth in the Notice of Grant, at the exercise price per
share set forth in the Notice of Grant (the "Exercise Price"), subject to the
terms and conditions of this Agreement.

    3.  Exercise of Option.
        ------------------

          (a) Right to Exercise.  This Option is exercisable during its term in
              -----------------
accordance with the Vesting Schedule set out in the Notice of Grant and the
applicable provisions of this Agreement.

          (b) Method of Exercise.  This Option is exercisable by delivery of an
              ------------------
exercise notice, in the form attached as Exhibit A (the "Exercise Notice"),
which shall state the election to exercise the Option, the number of Shares in
respect of which the Option is being exercised (the "Exercised Shares"), and
such other representations and agreements as may be required by the Company.
The Exercise Notice shall be completed by the Optionee and delivered to
Secretary of the Company.  The Exercise Notice shall be accompanied by payment
of the aggregate Exercise Price as to all Exercised Shares.  This Option shall
be deemed to be exercised upon receipt by the Company of such fully executed
Exercise Notice accompanied by such aggregate Exercise Price.

          (c) Legal Compliance.  No Shares shall be issued pursuant to the
              ----------------
exercise of this Option unless such issuance and exercise complies with
Applicable Laws.  Assuming such compliance, for income tax purposes the
Exercised Shares shall be considered transferred to the Optionee on the date the
Option is exercised with respect to such Exercised Shares.

          (d) Buyout Provisions.  The Board may at any time offer to buy out for
              -----------------
a payment in cash or Shares an Option previously granted based on such terms and
conditions as the Board shall establish and communicate to the Optionee at the
time that such offer is made.

     4.  Method of Payment.  Payment of the aggregate Exercise Price shall be by
         -----------------
any of the following, or a combination thereof, at the election of the Optionee:

          (a)  cash; or

          (b)  check; or

          (c) consideration received by the Company under a cashless exercise
program implemented by the Company; or

          (d) surrender of other Shares which (i) in the case of Shares acquired
upon exercise of an option, have been owned by the Optionee for more than six
(6) months on the date of
<PAGE>

surrender, and (ii) have a Fair Market Value on the date of surrender equal to
the aggregate Exercise Price of the Exercised Shares.

     5.   Optionee's Representations.  In the event the Shares have not been
          --------------------------
registered under the Securities Act of 1933, as amended, at the time this Option
is exercised, the Optionee shall, if required by the Company, concurrently with
the exercise of all or any portion of this Option, deliver to the Company his or
her Investment Representation Statement in the form attached hereto as Exhibit
B, and shall read the applicable rules of the Commissioner of Corporations
attached to such Investment Representation Statement.

     6.   Lock-Up Period. In the event that the Option is exercised prior to the
          --------------
expiration of the 180-day period (the "Market Standoff Period") following the
effective date of the registration statement of the Company filed under the
Securities Act with respect to its initial public stock offering, the Optionee
shall execute and deliver a lock-up agreement in the form requested by the
managing underwriters of such offering.  The Company may impose stop-transfer
instructions with respect to securities subject to the foregoing restrictions
until the end of such Market Standoff Period.

     7.  Non-Transferability of Option.  This Option may not be transferred in
         -----------------------------
any manner otherwise than by will or by the laws of descent or distribution and
may be exercised during the lifetime of Optionee only by the Optionee.  The
terms of this Agreement shall be binding upon the executors, administrators,
heirs, successors and assigns of the Optionee.

     8.  Term of Option.  This Option may be exercised only within the term set
         --------------
out in the Notice of Grant, and may be exercised during such term only in
accordance with the terms of this Agreement.

     9.  Termination of Relationship as a Service Provider.
         -------------------------------------------------

          (a) Disability of Optionee.  If an Optionee ceases to be a Service
              ----------------------
Provider as a result of the Optionee's Disability, the Optionee may exercise his
or her Option within twelve (12) months following the Optionee's termination to
the extent the Option is vested on the date of termination (but in no event
later than the expiration of the term of such Option as set forth in the Notice
of Grant).  If, on the date of termination, the Optionee is not vested as to his
or her entire Option, the Shares covered by the unvested portion of the Option
shall terminate.  If, after termination of the Service Provider relationship,
the Optionee does not exercise his or her Option within the time specified
herein, the Option shall terminate.

          (b) Death of Optionee.  If an Optionee dies while a Service Provider,
              -----------------
the Option may be exercised within twelve (12) months following the Optionee's
death to the extent that the Option is vested on the date of termination (but in
no event later than the expiration of the term of such Option as set forth in
the Notice of Grant), by the Optionee's estate or by a person who acquires the
right to exercise the Option by bequest or inheritance, but only to the extent
that the Option is vested on the date of death.  If, at the time of death, the
Optionee is not vested as to his or her entire Option, the Shares covered by the
unvested portion of the Option shall terminate.  The Option may
<PAGE>

be exercised by the executor or administrator of the Optionee's estate or, if
none, by the person(s) entitled to exercise the Option under the Optionee's will
or the laws of descent or distribution. If the Option is not so exercised within
the time specified herein, the Option shall terminate.

          (c) Other Termination of Relationship as a Service Provider.  If an
              -------------------------------------------------------
Optionee ceases to be a Service Provider, other than upon the Optionee's death
or Disability (as described above in Sections 9(a) and (b)), the Optionee may
exercise his or her Option within three (3) months following the Optionee's
termination to the extent that the Option is vested on the date of termination
(but in no event later than the expiration of the term of such Option as set
forth in the Notice of Grant).  If, on the date of termination, the Optionee is
not vested as to his or her entire Option, the Shares covered by the unvested
portion of the Option shall terminate.  If, after termination, the Optionee does
not exercise his or her Option within the time specified herein, the Option
shall terminate.

     10.  Adjustments Upon Changes in Capitalization, Dissolution, Merger or
          ------------------------------------------------------------------
          Asset Sale.
          ----------

          (a) Changes in Capitalization.  Subject to any required action by the
              -------------------------
shareholders of the Company, the number of shares of Common Stock covered by
this Option, as well as the price per share of Common Stock covered by this
Option, shall be proportionately adjusted for any increase or decrease in the
number of issued shares of Common Stock resulting from a stock split, reverse
stock split, stock dividend, combination or reclassification of the Common
Stock, or any other increase or decrease in the number of issued shares of
Common Stock effected without receipt of consideration by the Company; provided,
however, that conversion of any convertible securities of the Company shall not
be deemed to have been "effected without receipt of consideration."  Such
adjustment shall be made by the Board, whose determination in that respect shall
be final, binding and conclusive.  Except as expressly provided herein, no
issuance by the Company of shares of stock of any class, or securities
convertible into shares of stock of any class, shall affect, and no adjustment
by reason thereof shall be made with respect to, the number or price of shares
of Common Stock subject to this Option.

          (b) Dissolution or Liquidation.  In the event of the proposed
              --------------------------
dissolution or liquidation of the Company, to the extent that this Option has
not been previously exercised, it will terminate immediately prior to the
consummation of such proposed action.  The Board may, in the exercise of its
sole discretion in such instances, declare that this Option shall terminate as
of a date fixed by the Board and give the Optionee the right to vest in and
exercise his or her Option as to all or any part of the Optioned Stock,
including Shares as to which the Option would not otherwise be vested or
exercisable.

          (c) Merger or Asset Sale.  In the event of a merger of the Company
              --------------------
with or into another corporation, or the sale of substantially all of the assets
of the Company, this Option shall be assumed or an equivalent option or right
substituted by the successor corporation or a Parent or Subsidiary of the
successor corporation.  In the event that the successor corporation refuses to
assume or substitute for this Option, the Optionee shall fully vest in and have
the right to exercise the Option as to all of the Optioned Stock, including
Shares as to which it would not otherwise be vested or exercisable.  If the
Option becomes fully vested and exercisable in lieu of assumption or
<PAGE>

substitution in the event of a merger or sale of assets, the Board shall notify
the Optionee in writing or electronically that the Option shall be fully vested
and exercisable for a period of fifteen (15) days from the date of such notice,
and the Option shall terminate upon the expiration of such period.  For the
purposes of this paragraph, the Option shall be considered assumed if, following
the merger or sale of assets, the option confers the right to purchase or
receive, for each Share of Optioned Stock subject to the Option immediately
prior to the merger or sale of assets, the consideration (whether stock, cash,
or other securities or property) received in the merger or sale of assets by
holders of Common Stock for each Share held on the effective date of the
transaction (and if holders were offered a choice of consideration, the type of
consideration chosen by the holders of a majority of the outstanding Shares);
provided, however, that if such consideration received in the merger or sale of
assets is not solely common stock of the successor corporation or its Parent,
the Board may, with the consent of the successor corporation, provide for the
consideration to be received upon the exercise of the Option, for each Share of
Optioned Stock subject to the Option, to be solely common stock of the successor
corporation or its Parent equal in fair market value to the per share
consideration received by holders of Common Stock in the merger or sale of
assets.

     11.  Tax Consequences.
          ----------------

          (a) Exercising the Option. Optionee understands that Optionee may
              ---------------------
suffer adverse tax consequences as a result of Optionee's purchase or
disposition of the Shares.  Optionee represents that Optionee has consulted with
any tax consultants Optionee deems advisable in connection with the purchase or
disposition of the Shares and that Optionee is not relying on the Company for
any tax advice.  Optionee understands that the Company may be required to
withhold from Optionee's compensation or collect from Optionee and pay to the
applicable taxing authorities an amount in cash equal to a percentage of any
compensation income recognized at the time of exercise, and may refuse to honor
the exercise and refuse to deliver Shares if such withholding amounts are not
delivered at the time of exercise.

          (b) National Insurance Contributions. This Option is granted on the
              --------------------------------
condition that Optionee agrees to indemnify the Company in full in respect of
any liability of the Company to account for any amount of income tax or primary
(employees') national insurance contributions arising in respect of the exercise
of the stock options and that the Company will within 30 days of any exercise
pay to the Company the full amount due in respect of this indemnity.  By signing
this Agreement Optionee agree(s) to indemnify the Company against this
liability.  The Optionee indemnity will not cover any liability of the Company's
sole responsibility; provided however that in the event that English law is
changed so that it becomes possible for an employer and an employee to agree
that the employee shall bear the national insurance contribution which would
otherwise fall on the employer on the exercise by the employee of any option
hereunder, Optionee agrees that Optionee will enter into and/or sign any
acknowledges and agrees that Optionee will bear the secondary national insurance
contribution which would otherwise fall on the Company. In order to affect the
above, the Optionee will make such election and/or execute such further
documentation as the Company may require.

     12.  Restrictive Legends and Stop-Transfer Orders.
          ---------------------------------------------
<PAGE>

          (a) Legends.  Optionee understands and agrees that the Company shall
              -------
cause the legends set forth below or legends substantially equivalent thereto,
to be placed upon any certificate(s) evidencing ownership of the Shares together
with any other legends that may be required by the Company or by state or
federal securities laws:

          THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE
          SECURITIES ACT OF 1933 (THE "ACT") AND MAY NOT BE OFFERED, SOLD OR
          OTHERWISE TRANSFERRED, PLEDGED OR HYPOTHECATED UNLESS AND UNTIL
          REGISTERED UNDER THE ACT O R, IN THE OPINION OF COMPANY COUNSEL
          SATISFACTORY TO THE ISSUER OF THESE SECURITIES, SUCH OFFER, SALE OR
          TRANSFER, PLEDGE OR HYPOTHECATION IS IN COMPLIANCE THEREWITH.

          THE SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO CERTAIN
          RESTRICTIONS ON TRANSFER AND A RIGHT OF FIRST REFUSAL HELD BY THE
          ISSUER OR ITS ASSIGNEE(S) AS SET FORTH IN THE EXERCISE NOTICE BETWEEN
          THE ISSUER AND THE ORIGINAL HOLDER OF THESE SHARES, A COPY OF WHICH
          MAY BE OBTAINED AT THE PRINCIPAL OFFICE OF THE ISSUER.  SUCH TRANSFER
          RESTRICTIONS AND RIGHT OF FIRST REFUSAL ARE BINDING ON TRANSFEREES OF
          THESE SHARES.

          (b) Stop-Transfer Notices.  Optionee agrees that, in order to ensure
              ---------------------
compliance with the restrictions referred to herein, the Company may issue
appropriate "stop transfer" instructions to its transfer agent, if any, and
that, if the Company  transfers its own securities, it may make appropriate
notations to the same effect in its own records.

          (c) Refusal to Transfer.  The Company shall not be required (i) to
              -------------------
transfer on its books any Shares that have been sold or otherwise transferred in
violation of any of the provisions of this Exercise Notice or (ii) to treat as
owner of such Shares or to accord the right to vote or pay dividends to any
purchaser or other transferee to whom such Shares shall have been so
transferred.

     13.  Entire Agreement; Governing Law.  This Agreement constitute the entire
          -------------------------------
agreement of the parties with respect to the subject matter hereof and supersede
in their entirety all prior undertakings and agreements of the Company and
Optionee with respect to the subject matter hereof, and may not be modified
adversely to the Optionee's interest except by means of a writing signed by the
Company and Optionee.  This agreement is governed by the internal substantive
laws, but not the choice of law rules, of California.

     14.  NO GUARANTEE OF CONTINUED SERVICE.  OPTIONEE ACKNOWLEDGES AND AGREES
          ---------------------------------
THAT THE VESTING OF SHARES PURSUANT TO THE VESTING SCHEDULE HEREOF IS EARNED
ONLY BY CONTINUING AS A SERVICE PROVIDER AT THE WILL OF THE COMPANY (AND NOT
THROUGH THE ACT OF BEING HIRED, BEING GRANTED AN OPTION OR PURCHASING SHARES
HEREUNDER).  OPTIONEE FURTHER ACKNOWLEDGES AND AGREES THAT THIS AGREEMENT, THE
TRANSACTIONS
<PAGE>

CONTEMPLATED HEREUNDER AND THE VESTING SCHEDULE SET FORTH HEREIN DO NOT
CONSTITUTE AN EXPRESS OR IMPLIED PROMISE OF CONTINUED ENGAGEMENT AS A SERVICE
PROVIDER FOR THE VESTING PERIOD, FOR ANY PERIOD, OR AT ALL, AND SHALL NOT
INTERFERE WITH OPTIONEE'S RIGHT OR THE COMPANY'S RIGHT TO TERMINATE OPTIONEE'S
RELATIONSHIP AS A SERVICE PROVIDER AT ANY TIME, WITH OR WITHOUT CAUSE.
<PAGE>

     By your signature and the signature of the Company's representative below,
you and the Company agree that this Option is granted under and governed by the
terms and conditions of this Agreement.  Optionee has reviewed this Agreement in
its entirety, has had an opportunity to obtain the advice of counsel prior to
executing this Agreement and fully understands all provisions of this Agreement.
Optionee hereby agrees to accept as binding, conclusive and final all decisions
or interpretations of the Board upon any questions relating to this Agreement.
Optionee further agrees to notify the Company upon any change in the residence
address indicated below.

OPTIONEE:                             EVOLVE SOFTWARE, INC.

____________________________          __________________________________
                                      By

                                      __________________________________
Residence Address:                    Title:
<PAGE>

                               CONSENT OF SPOUSE
                               -----------------

     The undersigned spouse of Optionee has read and hereby approves the terms
and conditions of this Agreement.  In consideration of the Company's granting
his or her spouse the right to purchase Shares as set forth in this Agreement,
the undersigned hereby agrees to be irrevocably bound by the terms and
conditions of this Agreement and further agrees that any community property
interest shall be similarly bound.  The undersigned hereby appoints the
undersigned's spouse as attorney-in-fact for the undersigned with respect to any
amendment or exercise of rights under this Agreement.

                                    ________________________________________
                                    Spouse of Optionee
<PAGE>

                                   EXHIBIT A
                                   ---------

                             EVOLVE SOFTWARE, INC.

                                EXERCISE NOTICE

Evolve Software, Inc.
1400 65th Street
Emeryville, CA  94608
Attention:  President

     1.  Exercise of Option.  Effective as of today, _____________________, the
         ------------------
undersigned ("Purchaser") hereby elects to purchase ______________ shares (the
"Shares") of the Common Stock of Evolve Software, Inc. (the "Company") under and
pursuant to the Stock Option Agreement dated _________, 2000 (the "Option
Agreement").  The purchase price for the Shares shall be $__________, as
required by the Option Agreement.

     2.  Delivery of Payment.  Purchaser herewith delivers to the Company the
         -------------------
full purchase price for the Shares.

     3.  Representations of Purchaser.  Purchaser acknowledges that Purchaser
         ----------------------------
has received, read and understood the Option Agreement and agrees to abide by
and be bound by their terms and conditions.  Purchaser has executed and delivers
herewith the Investment Representation Statement attached here to as Exhibit B.
                                                                     ---------

     4.  Rights as Shareholder.  Until the issuance (as evidenced by the
         ---------------------
appropriate entry on the books of the Company or of a duly authorized transfer
agent of the Company) of the Shares, no right to vote or receive dividends or
any other rights as a shareholder shall exist with respect to the Optioned
Stock, notwithstanding the exercise of the Option.  The Shares so acquired shall
be issued to the Optionee as soon as practicable after exercise of the Option.
No adjustment will be made for a dividend or other right for which the record
date is prior to the date of issuance, except as provided in Section 8 of the
Option Agreement.

     5.  Tax Consultation.  Purchaser understands that Purchaser may suffer
         ----------------
adverse tax consequences as a result of Purchaser's purchase or disposition of
the Shares.  Purchaser represents that Purchaser has consulted with any tax
consultants Purchaser deems advisable in connection with the purchase or
disposition of the Shares and that Purchaser is not relying on the Company for
any tax advice.

     6.  Entire Agreement; Governing Law.  The Option Agreement is incorporated
         -------------------------------
herein by reference.  This Agreement, and the Option Agreement constitute the
entire agreement of the parties with respect to the subject matter hereof and
supersede in their entirety all prior undertakings and agreements of the Company
and Purchaser with respect to the subject matter hereof, and may not be modified
adversely to the Purchaser's interest except by means of a writing signed by the
Company
<PAGE>

and Purchaser. This agreement is governed by the internal substantive laws, but
not the choice of law rules, of California.

Submitted by:                                 Accepted by:

PURCHASER:                                    EVOLVE SOFTWARE, INC.

____________________________________          __________________________________
Signature                                     By

____________________________________          __________________________________
Print Name                                    Title

Address:                                      Address:
-------                                       -------

____________________________________          1400 65th Street
                                              Emeryville, CA  94608
____________________________________

                                               Date Received ___________________
<PAGE>

                                   EXHIBIT B
                                   ---------

                      INVESTMENT REPRESENTATION STATEMENT

OPTIONEE:      _____________________________

COMPANY:       EVOLVE SOFTWARE, INC.

SECURITY:      COMMON STOCK

AMOUNT:        ___________ SHARES

DATE:          _____________________________

In connection with the purchase of the above-listed Securities, the undersigned
Optionee represents to the Company the following:

          (a) Optionee is aware of the Company's business affairs and financial
condition and has acquired sufficient information about the Company to reach an
informed and knowledgeable decision to acquire the Securities.  Optionee is
acquiring these Securities for investment for Optionee's own account only and
not with a view to, or for resale in connection with, any "distribution" thereof
within the meaning of the Securities Act of 1933, as amended (the "Securities
Act").

          (b) Optionee acknowledges and understands that the Securities
constitute "restricted securities" under the Securities Act and have not been
registered under the Securities Act in reliance upon a specific exemption
therefrom, which exemption depends upon, among other things, the bona fide
nature of Optionee's investment intent as expressed herein.  In this connection,
Optionee understands that, in the view of the Securities and Exchange
Commission, the statutory basis for such exemption may be unavailable if
Optionee's representation was predicated solely upon a present intention to hold
these Securities for the minimum capital gains period specified under tax
statutes, for a deferred sale, for or until an increase or decrease in the
market price of the Securities, or for a period of one year or any other fixed
period in the future.  Optionee further understands that the Securities must be
held indefinitely unless they are subsequently registered under the Securities
Act or an exemption from such registration is available.  Optionee further
acknowledges and understands that the Company is under no obligation to register
the Securities.  Optionee understands that the certificate evidencing the
Securities will be imprinted with a legend which prohibits the transfer of the
Securities unless they are registered or such registration is not required in
the opinion of counsel satisfactory to the Company, a legend prohibiting their
transfer without the consent of the Commissioner of Corporations of the State of
California and any other legend required under applicable state securities laws.

          (c) Optionee is familiar with the provisions of Rule 701 and Rule 144,
each promulgated under the Securities Act, which, in substance, permit limited
public resale of "restricted securities" acquired, directly or indirectly from
the issuer thereof, in a non-public
<PAGE>

offering subject to the satisfaction of certain conditions. Rule 701 provides
that if the issuer qualifies under Rule 701 at the time of the grant of the
Option to the Optionee, the exercise will be exempt from registration under the
Securities Act. In the event the Company becomes subject to the reporting
requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934,
ninety (90) days thereafter (or such longer period as any market stand-off
agreement may require) the Securities exempt under Rule 701 may be resold,
subject to the satisfaction of certain of the conditions specified by Rule 144,
including: (1) the resale being made through a broker in an unsolicited
"broker's transaction" or in transactions directly with a market maker (as said
term is defined under the Securities Exchange Act of 1934); and, in the case of
an affiliate, (2) the availability of certain public information about the
Company, (3) the amount of Securities being sold during any three month period
not exceeding the limitations specified in Rule 144(e), and (4) the timely
filing of a Form 144, if applicable.

     In the event that the Company does not qualify under Rule 701 at the time
of grant of the Option, then the Securities may be resold in certain limited
circumstances subject to the provisions of Rule 144, which requires the resale
to occur not less than one year after the later of the date the Securities were
sold by the Company or the date the Securities were sold by an affiliate of the
Company, within the meaning of Rule 144; and, in the case of acquisition of the
Securities by an affiliate, or by a non-affiliate who subsequently holds the
Securities less than two years, the satisfaction of the conditions set forth in
sections (1), (2), (3) and (4) of the paragraph immediately above.

          (d) Optionee further understands that in the event all of the
applicable requirements of Rule 701 or 144 are not satisfied, registration under
the Securities Act, compliance with Regulation A, or some other registration
exemption will be required; and that, notwithstanding the fact that Rules 144
and 701 are not exclusive, the Staff of the Securities and Exchange Commission
has expressed its opinion that persons proposing to sell private placement
securities other than in a registered offering and otherwise than pursuant to
Rules 144 or 701 will have a substantial burden of proof in establishing that an
exemption from registration is available for such offers or sales, and that such
persons and their respective brokers who participate in such transactions do so
at their own risk.  Optionee understands that no assurances can be given that
any such other registration exemption will be available in such event.

                               Signature of Optionee:

                              _____________________________________

                              Date:_________________________<PAGE>

                                                                     EXHIBIT 4.5

                             EVOLVE SOFTWARE, INC.
                      RESTRICTED STOCK PURCHASE AGREEMENT

     This Agreement is made as of the _____ day of January, 1998, by and between
Evolve Software, Inc., a Delaware corporation (the "Company"), and John P.
Bantleman ("Purchaser").

     In consideration of the mutual covenants and representations herein set
forth, the Company and Purchaser agree as follows:

     1.  Purchase and Sale of Stock.
         --------------------------

         (a) Subject to the terms and conditions of this Agreement, the Company
hereby agrees to sell to Purchaser and Purchaser agrees to purchase from the
Company on the Closing Date (as herein defined), 900,000 shares of the Company's
Common Stock (the "Stock") at a price of $0.30 per share, for an aggregate
purchase price of $270,000.  The purchase price for the Stock shall be paid by
Purchaser in cash or by check payable to the Company, or by means of a duly
executed full-recourse promissory note in the form attached hereto as Exhibit A
(the "Note") made to the Company, or by a combination of such methods of
payment.

         (b) The Note shall become payable in full upon the earlier of five
years from the date of this Agreement, thirty (30) days following termination of
Purchaser's employment with or services to the Company except for death or
disability, and one (1) year following termination as a result of death or
disability.

         (c) As security for the faithful performance of this Agreement, the
repayment of the amount owing under the Note (if any) and to insure the
availability for delivery of the Purchaser's Stock upon exercise of the Purchase
Option (as defined below), the Purchaser shall deliver to the Secretary of the
Company, acting as escrow holder, or such other escrow holder as designated by
the Company (the "Escrow Holder"), all certificates representing the Stock and
two executed blank stock assignments, in the form attached hereto as Exhibit B,
for use in transferring all or a portion of said Stock to the Company, as
required under this Section 1(c) or under any other provision of this Agreement,
and shall enter into a set of Joint Escrow Instructions in the form attached
hereto as Exhibit C.

         (d) As security for the payment of the Note and any renewal, extension
or modification thereof, the Purchaser hereby grants to the Company, pursuant to
the Security Agreement attached hereto as Exhibit D, a security interest in and
pledges with and delivers to the Company the certificate or certificates
representing the Stock.

         (e) In the event of any foreclosure of the security interest, the
Company may sell the Shares at a private sale or may itself repurchase any or
all of the Stock.  The parties acknowledge that, prior to the establishment of a
public market for the Stock of the Company, the securities laws applicable to
the sale of the Stock make a public sale of the Shares commercially
unreasonable.  The parties agree that the repurchasing of said Stock by the
Company, or by any person to whom the Company may have assigned its rights
hereunder, is commercially reasonable if made at any of the following prices:
(i) a price determined by the Board of Directors in its discretion, fairly
exercised,
<PAGE>

representing what would be the fair market value of the Shares diminished by any
limitation on transferability, whether due to the size of the block of Shares or
the restrictions of applicable securities laws, or (ii) the book value per Share
as recorded on the Company's books at the end of the last fiscal quarter prior
to the date of sale of the Stock upon foreclosure (whether or not such book
value per share is unaudited and subject to adjustment), or (iii) the price at
which the Stock were originally purchased by the Purchaser.

          (f)  In the event of default in payment when due of any indebtedness
under the Note, the Company may elect then, or at any time thereafter, to
exercise all rights available to a secured party under the California Commercial
Code, including the right to sell the Stock at a private or public sale or
repurchase the Shares as provided above.  The proceeds of any sale shall be
applied in the following order:

               (i)    To pay all reasonable expenses of the Company in enforcing
this Agreement, including without limitation reasonable attorneys' fees and
legal expenses incurred by the Company.

               (ii)   In satisfaction of the remaining indebtedness under the
Note.

               (iii)  To the Purchaser, any remaining proceeds.

          (g)  Upon full payment by the Purchaser of all amounts due on
Purchaser's Note, the Escrow Holder shall deliver to the Purchaser the
certificate or certificates representing the Stock in the Escrow Holder's
possession belonging to the Purchaser, the blank stock assignment and the
executed original of the Note marked "canceled" by the Company, and the Escrow
Holder shall be discharged of all further obligations hereunder; provided,
however, that the Escrow Holder shall nevertheless retain said certificate or
certificates and stock assignment as escrow agent if so required pursuant to
other restrictions imposed pursuant to this Agreement.

     2.  Closing.  The purchase and sale of the Stock shall occur at a Closing
         -------
to be held at such time and place (the "Closing Date"), as designated by the
Company.  The Closing will take place at the principal office of the Company or
at such other place as shall be designated by the Company.  At the Closing,
Purchaser shall deliver to the Company a check payable to the order of the
Company in the aggregate amount of the purchase price of the Stock or a duly
executed Note in the principal amount of the purchase price (or a combination of
checks and promissory notes), and a certificate representing the Stock
registered in the name of the Purchaser will be delivered to the Escrow Holder
to be held subject to the terms of the Security Agreement and the Joint Escrow
Instructions.

     3.  Purchase Option.
         ---------------

                                      -2-
<PAGE>

          (a)  A total of 900,000 shares of the Stock ("Purchasable Shares")
shall be subject to the right and option of the Company to repurchase such
shares ("Purchase Option") as set forth in this paragraph 3.  In the event
Purchaser shall cease to serve as an employee, officer, consultant or member of
the Board of Directors of the Company for any reason, or no reason, with or
without cause, including involuntary termination, death or temporary or
permanent disability (the "Termination"), the Purchase Option shall come into
effect.  Following a Termination, the Company shall have the right, as provided
in subparagraph (b) hereof, to purchase from the Purchaser or his personal
representative, as the case may be, at the purchase price per share originally
paid as set forth in paragraph 1 hereof ("Option Price") that portion of the
Purchasable Shares which remains unvested as of the date of the Termination (the
"Unvested Shares").  Subject to continued employment by, consultancy with, or
other service to the Company, twenty (20%) of the Stock shall vest 12 months
after October 20, 1998 (the "Vesting Commencement Date"), and one sixtith (1/60)
of the Stock shall vest at the end of each month thereafter. Provided that the
Purchaser continues to be an employee, officer, Director or consultant of the
Company until 60 months after the Vesting Commencement Date, when all of the
Stock purchased hereunder shall be vested.

          (b)  Within 90 days following a Termination, the Company shall notify
Purchaser by written notice delivered or mailed as provided in subparagraph
9(c), as to whether it wishes to purchase the Unvested Shares pursuant to
exercise of the Purchase Option.  If the Company (or its assignee) elects to
purchase the Unvested Shares hereunder, it shall set a date for the closing of
the transaction at a place and time specified by the Company or, at Company's
option, such closing may be consummated by mail as provided in Section 9(c)
hereof.  At such closing, the Company (or its assignee) shall tender payment for
the Unvested Shares and the certificates representing the Unvested Shares so
purchased shall be canceled.  The Option Price shall be payable, at the option
of the Company by cancellation of all or any outstanding indebtedness of
Purchaser to the Company (including but not limited to indebtedness under the
Note) or in cash or by check.  If the Purchase Option is assigned by the Company
and the fair market value of the shares, as determined by the Board of Directors
of the Company, exceeds the repurchase price, and such assignee exercises the
Purchase Option, then the assignee shall pay to the Company the difference
between the fair market value of the shares repurchased and the aggregate
repurchase price.

     4.   Stock Splits, etc.  If, from time to time during the term of this
          -----------------
Agreement:

          (a)  There is any stock dividend or liquidating dividend of cash
and/or property, stock split or other change in the character or amount of any
of the outstanding securities of the Company, then, in such event, any and all
new, substituted or additional securities or other property to which Purchaser
is entitled by reason of his ownership of Stock shall be immediately subject to
all other provisions of this Agreement and be included in the word "Stock" for
all purposes with the same force and effect as the shares of Stock presently
subject to the right of first refusal and other terms of this Agreement.

          (b)  There is any sale of all, or substantially all, of the assets of
the Company, or any merger or consolidation as a result of which the holders of
the Company's capital stock

                                      -3-
<PAGE>

immediately prior to such transaction own less than 50% of the capital stock of
the combined company following such transaction, then, in such event, the
Company's Purchase Option shall terminate immediately prior to the consummation
of such transaction.

      5.  Restriction on Transfer; Right of First Refusal.
          -----------------------------------------------

          Purchaser shall not sell, transfer, pledge, hypothecate or otherwise
dispose of any shares of the Stock which remain subject to the Purchase Option.

          Before any shares of Stock registered in the name of Purchaser that
are no longer subject to the Purchase Option may be sold or transferred
(including transfer by operation of law), such shares shall first be offered to
the Company.

          (a)  The Purchaser shall deliver a notice ("Notice") to the Company
stating (i) his bona fide intention to sell or transfer such shares, (ii) the
number of such shares to be sold or transferred, (iii) the price for which he
proposes to sell or transfer such shares, and (iv) the name of the proposed
purchaser or transferee.

          (b)  Within thirty (30) days after receipt of the Notice, the Company
or its assignee may elect to purchase all or none of the shares to which the
Notice refers, at the price per share specified in the Notice.

          (c)  If all of the shares to which the Notice refers are not elected
to be purchased, as provided in subparagraph 5(b) hereof, the Purchaser may sell
the shares to any person named in the Notice at the price specified in the
Notice or at a higher price, provided that (i) such sale or transfer is
consummated within 60 days of the date of said Notice to the Company, (ii) any
such sale is in accordance with all the terms and conditions hereof, and (iii)
any transferee of shares of the Stock agrees to be bound by the Standoff
Agreement set forth in Section 11 below.

          The provisions of this paragraph 5 shall terminate (except as to the
Purchase Option) on (i) the closing date of a registration statement filed by
the Company under the Securities Act of 1933, as amended (the "Act"), with
respect to an underwritten public offering of Common Stock of the Company or
(ii) the closing date of a sale of assets or merger or other business
combination of the Company pursuant to which shareholders of this Company
receive securities of a buyer whose shares are publicly traded.  The provisions
of subparagraphs 5(a), 5(b) and 5(c) shall not apply to a transfer of any shares
of Stock by Purchaser, either during his lifetime or on death by will or
intestacy to his other ancestors, descendants or spouse, or any custodian or
trustee for the account of Purchaser or Purchaser's ancestors, descendants or
spouse; provided, in each such case that the transferee shall receive and hold
such shares subject to the provisions of this paragraph 5 and there shall be no
further transfer of such shares except in accordance herewith.  The provisions
of Sections 5(a), 5(b) and 5(c) shall not apply to any sale of shares of Stock
by the Purchaser pursuant to a Registration Statement filed under the Act.

                                      -4-
<PAGE>

          The Company shall not be required (i) to transfer on its books any
shares of Stock which shall have been sold or transferred in violation of any of
the provisions set forth in this Agreement, or (ii) to treat as owner of such
shares or to accord the right to vote as such owner or to pay dividends to any
transferee to whom such shares shall have been so transferred.

     6.   Legends.  All certificates representing any of the shares of Stock
          -------
subject to the provisions of this Agreement shall have endorsed thereon the
following legends:

          (a)  "THE SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO
CERTAIN RESTRICTIONS UPON TRANSFER, INCLUDING A STANDOFF AGREEMENT, RIGHTS OF
REPURCHASE AND RIGHTS OF FIRST REFUSAL AS SET FORTH IN AN AGREEMENT BETWEEN THE
CORPORATION AND THE REGISTERED HOLDER, A COPY OF WHICH IS ON FILE AT THE
PRINCIPAL OFFICE OF THE CORPORATION. SUCH TRANSFER RESTRICTIONS, INCLUDING THE
STANDOFF AGREEMENT AND RIGHT OF FIRST REFUSAL ARE BINDING ON TRANSFEREES OF
THESE SHARES."

          (b)  "THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE BEEN ACQUIRED
FOR INVESTMENT AND HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933.
THESE SHARES MAY NOT BE SOLD OR TRANSFERRED IN THE ABSENCE OF SUCH REGISTRATION
OR AN EXEMPTION THEREFROM UNDER SAID ACT. COPIES OF THE AGREEMENT COVERING THE
PURCHASE OF THESE SHARES AND RESTRICTING THEIR TRANSFER MAY BE OBTAINED AT NO
COST BY WRITTEN REQUEST MADE BY THE HOLDER OF RECORD OF THIS CERTIFICATE TO THE
SECRETARY OF THE CORPORATION AT THE PRINCIPAL EXECUTIVE OFFICES OF THE
CORPORATION."

          (c)  Any legend required to be placed thereon by applicable blue sky
laws of any state.

     7.   Purchaser's Representations.  In connection with his purchase of the
          ---------------------------
Stock, the Purchaser hereby represents and warrants to the Company as follows:

          (a)  Investment Intent; Capacity to Protect Interests.  The Purchaser
               ------------------------------------------------
is purchasing the Stock solely for his own account for investment and not with a
view to or for sale in connection with any distribution of the Stock or any
portion thereof and not with any present intention of selling, offering to sell
or otherwise disposing of or distributing the Stock or any portion thereof in
any transaction other than a transaction exempt from registration under the
Securities Act of 1933, as amended (the "Act").  The Purchaser also represents
that the entire legal and beneficial interest of the Stock is being purchased,
and will be held, for the Purchaser's account only, and neither in whole or in
part for any other person.  Purchaser either has a pre-existing business or
personal relationship with the Company or any of its officers, directors or
controlling persons or by reason of Purchaser's business or financial experience
or the business or financial experience of Purchaser's professional advisors who
are unaffiliated with and who are not compensated by the

                                      -5-
<PAGE>

Company or any affiliate or selling agent of the Company, directly or
indirectly, could be reasonably assumed to have the capacity to evaluate the
merits and risks of an investment in the Company and to protect Purchaser's own
interests in connection with this transaction.

          (b)  Residence.  The Purchaser's principal residence is located at the
               ---------
address indicated beneath the Purchaser's signature below.

          (c)  Information Concerning Company.  The Purchaser has heretofore
               ------------------------------
discussed the Company and its plans, operations and financial condition with the
Company's officers and has heretofore received all such information as the
Purchaser has deemed necessary and appropriate to enable the Purchaser to
evaluate the financial risk inherent in making an investment in the Stock, and
the Purchaser has received satisfactory and complete information concerning the
business and financial condition of the Company in response to all inquiries in
respect thereof.

          (d)  Economic Risk.  The Purchaser realizes that the purchase of the
               -------------
Stock will be a highly speculative investment and involves a high degree of
risk, and the Purchaser is able, without impairing financial condition, to hold
the Stock for an indefinite period of time and to suffer a complete loss on the
Purchaser's investment.

          (e)  Restricted Securities.  The Purchaser understands and
               ---------------------
acknowledges that:

               (i)    the sale of the Stock has not been registered under the
Act, and the Stock must be held indefinitely unless subsequently registered
under the Act or an exemption from such registration is available (such as Rule
144 or the resale provisions of Rule 701 under the Act) and the Company is under
no obligation to register the Stock;

               (ii)   the share certificate representing the Stock will be
stamped with the legends specified in Section 6 hereof; and

               (iii)  the Company will make a notation in its records of the
aforementioned restrictions on transfer and legends.

          (f)  Disposition under Rule 144.  The Purchaser understands that the
               --------------------------
shares of Stock are restricted securities within the meaning of Rule 144
promulgated under the Act; that the exemption from registration under Rule 144
will not be available in any event for at least two years from the date of
purchase and payment of the Stock (unless Rule 701 promulgated under the Act is
available), and even then will not be available unless (i) a public trading
market then exists for the Common Stock of the Company, (ii) adequate
information concerning the Company is then available to the public, and (iii)
other terms and conditions of Rule 144 are complied with; and that any sale of
the Stock may be made only in limited amounts in accordance with such terms and
conditions.  Purchaser further understands that the resale provisions of Rule
701, if available, will not apply until ninety (90) days after the Company
becomes subject to the reporting obligations under the Securities

                                      -6-
<PAGE>

Exchange Act of 1934, as amended (the "Exchange Act"). There can be no assurance
that the requirements of Rule 144 or Rule 701 will be met or that the Stock will
ever be saleable.

          (g)  Further Limitations on Disposition.  Without in any way limiting
               ----------------------------------
his representations set forth above, the Purchaser further agrees that it shall
in no event make any disposition of all or any portion of the Stock unless and
until:

               (i)    (A)  there is then in effect a Registration Statement
under the Act covering such proposed disposition and such disposition is made in
accordance with said Registration Statement; or, (B)(1) the Purchaser shall have
                                             --
notified the Company of the proposed disposition and shall have furnished the
Company with a detailed statement of the circumstances surrounding the proposed
disposition, (2) the Purchaser shall have furnished the Company with an opinion
of the Purchaser's counsel to the effect that such disposition will not require
registration of such shares under the Act, and (3) such opinion of the
                                           ---
Purchaser's counsel shall have been concurred in by counsel for the Company and
the Company shall have advised the Purchaser of such concurrence; and,
                                                                  ---

               (ii)   the shares of Stock proposed to be transferred are no
longer subject to the Purchase Option set forth in Section 3 hereof and the
Purchaser shall have complied with the Right of First Refusal set forth in
Section 5 hereof; and,
                  ---

               (iii)  any prospective transferee agrees to be bound by the
restrictions on transfer, Standoff Agreement, and right of first refusal as set
forth in this Agreement.

          (h)  Valuation of Common Stock.  The Purchaser understands that the
               -------------------------
Stock has been valued by the board of directors and that the Company believes
this valuation represents a fair attempt at reaching an accurate appraisal of
its worth; the Purchaser understands, however, that the Company can give no
assurances that such price is in fact the fair market value of the Stock and
that it is possible that, with the benefit of hindsight, the Internal Revenue
Service would successfully assert that the value of the common stock on the date
of purchase is substantially greater than so determined.

          If the Internal Revenue Service were to succeed in a tax determination
that the Stock received had value greater than that upon which the transaction
was based, the additional value would constitute ordinary income as of the date
of its receipt.  The additional taxes (and interest) due would be payable by the
Purchaser, and there is no provision for the Company to reimburse him for that
tax liability, and the Purchaser assumes all responsibility for such potential
tax liability.  In the event such additional value would represent more than 25
percent of the Purchaser's gross income for the year in which the value of the
shares were taxable, the Internal Revenue Service would have six years from the
due date for filing the return (or the actual filing date of the return if filed
thereafter) within which to assess the Purchaser the additional tax and interest
which would then be due.

                                      -7-
<PAGE>

          (i) Section 83(b) Election.  The Purchaser understands that Section 83
              ----------------------
of the Internal Revenue Code of 1986, as amended (the "Code"), taxes as ordinary
income the difference between the amount paid for the Stock and the fair market
value of the Stock as of the date any restrictions on the Stock lapse.  In this
context, "restriction" means the right of the Company to buy back the stock
pursuant to the Purchase Option.  In the event the Company has registered under
the Exchange Act, "restriction" with respect to officers, directors and 10%
shareholders also means the 6-month period after the Closing during which such
officers, directors and 10% shareholders are subject to suit under Section 16(b)
of the Exchange Act.  The Purchaser understands that he may elect to be taxed at
the time the Stock is purchased rather than when and as the Purchase Option or
6-month Section 16(b) period expires by filing an election under Section 83(b)
of the Code with the I.R.S.  Even if the fair market value of the Stock equals
the amount paid for the Stock, the election must be made to avoid adverse tax
consequences in the future.  The form for making this election is attached as
Exhibit C hereto.  The Purchaser understands that failure to make this filing
timely will result in the recognition of ordinary income by the Purchaser, as
the Purchase Option lapses, or after the lapse of the 6-month Section 16(b)
period, on the difference between the purchase price and the fair market value
of the Stock at the time such restrictions lapse.  Purchaser understands that if
Purchaser desires to make a Section 83 election, Purchaser must file a properly
completed and executed election form with the I.R.S. Center in which Purchaser
files tax returns within 30 days of the date of purchase.  Furthermore,
Purchaser acknowledges that Purchaser must file an election form with such
I.R.S. Center with the Purchaser's tax return for the tax year in which the
Purchaser makes the election.  Purchaser must also file a copy of the election
form with the Company.

     THE PURCHASER ACKNOWLEDGES THAT IT IS THE PURCHASER'S SOLE RESPONSIBILITY
AND NOT THE COMPANY'S TO FILE TIMELY THE ELECTION UNDER SECTION 83(b), EVEN IF
THE PURCHASER REQUESTS THE COMPANY OR ITS REPRESENTATIVES TO MAKE THIS FILING ON
THE PURCHASER'S BEHALF.

     THE PURCHASER ACKNOWLEDGES THAT THE TIMELY FILING OF THE 83(B) ELECTION IS
A CONDITION TO THE SALE, AND THAT THE COMPANY SHALL NOT BE REQUIRED TO ISSUE A
CERTIFICATE REPRESENTING THE STOCK UNTIL IT IS SATISFIED THAT SUCH ELECTION HAS
BEEN FILED IN A TIMELY MANNER.

     8.   Miscellaneous.
          -------------

          (a)  Subject to the provisions and limitations hereof, Purchaser may,
during the term of this Agreement, exercise all rights and privileges of a
stockholder of the Company with respect to the Stock deposited in said escrow.

          (b)  The parties agree to execute such further instruments and to take
such further action as may reasonably be necessary to carry out the intent of
this Agreement.

          (c)  Any notice required or permitted hereunder shall be given in
writing and shall be deemed effectively given upon personal delivery or upon
deposit in the United States Post Office,

                                      -8-
<PAGE>

by registered or certified mail with postage and fees prepaid, addressed to
Purchaser at his address shown on the Company's employment records and to the
Company at the address of its principal corporate offices (attention: President)
or at such other address as such party may designate by ten days' advance
written notice to the other party hereto.

          (d)  The Company may assign its rights and delegate its duties under
this Agreement, including paragraphs 3 and 5 hereof.  This Agreement shall inure
to the benefit of the successors and assigns of the Company and, subject to the
restrictions on transfer herein set forth, be binding upon Purchaser, his heirs,
executors, administrators, successors and assigns.

          (e)  Purchaser hereby authorizes and directs the Secretary or Transfer
Agent of the Company to transfer the Stock as to which the Purchase Option,
right of foreclosure under the Note, if applicable, or right of first refusal
has been exercised from Purchaser to the Company or the Company's assignee.

     9.   Arbitration.  At the option of either party, any and all disputes or
          -----------
controversies whether of law or fact and of any nature whatsoever arising from
or respecting this Agreement shall be decided by arbitration by the American
Arbitration Association in accordance with the rules and regulations of that
Association.

          The arbitrators shall be selected as follows:  In the event the
Company and Purchaser agree on one arbitrator, the arbitration shall be
conducted by such arbitrator.  In the event the Company and Purchaser do not so
agree, the Company and Purchaser shall each select one independent, qualified
arbitrator and the two arbitrators so selected shall select the third
arbitrator.  The Company reserves the right to object to any individual
arbitrator who shall be employed by or affiliated with a competing organization.

          Arbitration shall take place in San Francisco County, California or
any other location mutually agreeable to the parties.  At the request of either
party, arbitration proceedings will be conducted in the utmost secrecy; in such
case all documents, testimony and records shall be received, heard and
maintained by the arbitrators in secrecy under seal, available for the
inspection only of the Company or Purchaser and their respective attorneys and
their respective experts who shall agree in advance and in writing to receive
all such information confidentially and to maintain such information in secrecy
until such information shall become generally known.  The arbitrators, who shall
act by majority vote, shall be able to decree any and all relief of an equitable
nature, including but not limited to such relief as a temporary restraining
order, a temporary and/or a permanent injunction, and shall also be able to
award damages, with or without an accounting and costs.  The decree or judgment
of an award rendered by the arbitrators may be entered in any court having
jurisdiction thereof.

          Reasonable notice of the time and place of arbitration shall be given
to all persons, other than the parties, as shall be required by law, in which
case such persons or those authorized

                                      -9-
<PAGE>

representatives shall have the right to attend and/or participate in all the
arbitration hearings in such manner as the law shall require.

     10.  Standoff Agreement.  Purchaser agrees, in connection with the
          ------------------
Company's initial public offering of its equity securities, and upon request of
the Company or the underwriters managing such offering, not to sell, make any
short sale of, loan, grant any option for the purchase of or otherwise dispose
of any shares of Stock (other than those included in the registration, if any)
without the prior written consent of the Company or such underwriters, as the
case may be, for such period of time (not to exceed 180 days) from the effective
date of such registration as may be requested by the Company or such
underwriters.

     11.  Governing Law.  This Agreement shall be governed by, and shall be
          -------------
construed and enforced in accordance with, the laws of the State of California
without giving effect to the conflicts of laws principles thereof.

                                      -10-
<PAGE>

     IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of
the day and year first above written.

PURCHASER                           COMPANY

John P. Bantleman                   Evolve Software, Inc.
                                    a Delaware Corporation

_________________________________   By:  _________________________________

Address:  281 Filbert Street        Title: ________________________________
          San Francisco, CA  94111

                                      -11-
<PAGE>

                                  CONSENT OF SPOUSE
                                  -----------------

     The undersigned spouse of Purchaser has read and hereby approves the
foregoing Agreement.  In consideration of the Company's granting my spouse the
right to purchase the Stock as set forth in the Agreement, the undersigned
hereby agrees to be irrevocably bound by the Agreement and further agrees that
any community property interest shall be similarly bound by the Agreement.  I
hereby appoint my spouse as my attorney-in-fact with respect to any amendment or
exercise of any rights under the Agreement.

                                    ___________________________
                                    Spouse of Purchaser
<PAGE>

                                   EXHIBIT A
                                   ---------

                                  PROMISSORY NOTE

$270,000                                                      January ___, 1998

     For value received, the undersigned promises to pay to Evolve Software,
Inc., a Delaware corporation (the "Company"), or order, at its principal office
the principal sum of $270,000 with interest thereof at the rate of five and
sixty-nine one hundredths (5.69%) per annum, compounded annually, on the unpaid
balance of the principal sum.  Said principal and any accrued but unpaid
interest shall be due on the earlier to occur of the fifth anniversary of the
date of this Note, thirty (30) days after termination other than for death or
disability, and one year after termination for death or disability.

     This Note is subject to the terms of a Restricted Stock Purchase Agreement,
dated as of January __, 1998.  This Note is secured by a pledge of the Company's
Common Stock under the terms of a Security Agreement of even date herewith and
is subject to all the provisions thereof.

     The holder of this Note shall have full recourse against the undersigned
personally for failure to pay the Note as and when due.

     The principal is payable in lawful money of the United States of America.
The privilege is reserved to prepay any portion of the Note at any time.

     Should suit be commenced to collect this Note or any portion thereof, such
sum as the Court may deem reasonable shall be added hereto as attorneys' fees.
The maker waives presentment for payment, protest, notice of protest and notice
of non-payment of this Note.  This Note shall be governed by the laws of the
State of California as they apply to contracts entered into and wholly to be
performed within such state.

                               ______________________________
                               John P. Bantleman
<PAGE>

                                   EXHIBIT B
                                   ---------

                      ASSIGNMENT SEPARATE FROM CERTIFICATE

     FOR VALUE RECEIVED I, __________________________, hereby sell, assign and
transfer unto
________________________________________________________________________________
________________ (__________) shares of the Common Stock of Evolve Software,
Inc. standing in my name of the books of said corporation represented by
Certificate No. _____ herewith and do hereby irrevocably constitute and appoint
Wilson, Sonsini, Goodrich & Rosati, attorneys, to transfer the said stock on the
books of the within named corporation with full power of substitution in the
premises.

     This Stock Assignment may be used only in accordance with the Restricted
Stock Purchase Agreement between Evolve Software, Inc. and the undersigned dated
__________ ____, 1997.

Dated: _______________, _______

                               ---------------------------------------------
                               (to be signed exactly as name is to appear
                               on stock certificate)

INSTRUCTIONS:  Please do not fill in the blanks other than the signature line.
The purpose of this assignment is to enable the Company to exercise its
"repurchase option," as set forth in the Agreement, without requiring additional
signatures on the part of the Purchaser.
<PAGE>

                                   EXHIBIT C
                                   ---------

                           JOINT ESCROW INSTRUCTIONS
                           -------------------------

                               January ___, 1998

Corporate Secretary
Evolve Software, Inc.
615 Battery Street
San Francisco, CA 94111

Dear Corporate Secretary:

     As Escrow Agent for both Evolve Software, Inc., a Delaware corporation (the
"Company"), and the undersigned purchaser of stock of the Company (the
"Purchaser"), you are hereby authorized and directed to hold the documents
delivered to you pursuant to the terms of the Restricted Stock Purchase
Agreement (the "Agreement") between the Company and the undersigned in
accordance with the following instructions:

     1.  In the event the Company and/or any assignee of the Company (referred
to collectively for convenience herein as the "Company") exercises the Company's
repurchase option set forth in the Agreement, the Company shall give to
Purchaser and you a written notice specifying the number of shares of stock to
be purchased, the purchase price and the time for a closing hereunder at the
principal office of the Company.  Purchaser and the Company hereby irrevocably
authorize and direct you to close the transaction contemplated by such notice in
accordance with the terms of said notice.

     2.  At the closing, you are directed (a) to date the stock assignments
necessary for the transfer in question, (b) to fill in the number of shares
being transferred, and (c) to deliver same, together with the certificate
evidencing the shares of stock to be transferred, to the Company or its
assignee, against the simultaneous delivery to you of the purchase price (by
cash, a check, cancellation of indebtedness or some combination thereof) for the
number of shares of stock being purchased pursuant to the exercise of the
Company's repurchase option.

     3.  Purchaser irrevocably authorizes the Company to deposit with you any
certificates evidencing shares of stock to be held by you hereunder and any
additions and substitutions to said shares as defined in the Agreement.
Purchaser does hereby irrevocably constitute and appoint you as Purchaser's
attorney-in-fact and agent for the term of this escrow to execute with respect
to such securities all documents necessary or appropriate to make such
securities negotiable and to complete any transaction herein contemplated,
including but not limited to the filing with any applicable state blue sky
authority of any required applications for consent to, or notice of transfer of,
the securities.
<PAGE>

Subject to the provisions of this paragraph 3, Purchaser shall exercise all
rights and privileges of a shareholder of the Company while the stock is held by
you.

     4.  Upon written request of the Purchaser, but no more than once per
calendar year, unless the Company's repurchase option has been exercised, you
will deliver to Purchaser a certificate or certificates representing so many
shares of stock as are not then subject to the Company's repurchase option,
provided that such shares have been fully paid for and do not secure an unpaid
promissory note or shares not fully paid for.  Within 90 days after cessation of
Purchaser's continuous employment by or consultancy with the Company or any
parent or subsidiary of the Company except for death or disability and within
one year after cessation for death or disability, you will deliver to Purchaser
a certificate or certificates representing the aggregate number of shares held
or issued pursuant to the Agreement and not purchased by the Company or its
assignees pursuant to exercise of the Company's repurchase option.

     5.  If at the time of termination of this escrow you should have in your
possession any documents, securities or other property belonging to Purchaser,
you shall deliver all of the same to Purchaser and shall be discharged of all
further obligations hereunder.

     6.  Your duties hereunder may be altered, amended, modified or revoked only
by a writing signed by all of the parties hereto.

     7.  You shall be obligated only for the performance of such duties as are
specifically set forth herein and may rely and shall be protected in relying or
refraining from acting on any instrument reasonably believed by you to be
genuine and to have been signed or presented by the proper party or parties.
You shall not be personally liable for any act you may do or omit to do
hereunder as Escrow Agent or as attorney-in-fact for Purchaser while acting in
good faith, and any act done or omitted by you pursuant to the advice of your
own attorneys shall be conclusive evidence of such good faith.

     8.  You are hereby expressly authorized to disregard any and all warnings
given by any of the parties hereto or by any other person or corporation,
excepting only orders or process of courts of law and are hereby expressly
authorized to comply with and obey orders, judgments or decrees of any court.
In case you obey or comply with any such order, judgment or decree, you shall
not be liable to any of the parties hereto or to any other person, firm or
corporation by reason of such compliance, notwithstanding any such order,
judgment or decree being subsequently reversed, modified, annulled, set aside,
vacated or found to have been entered without jurisdiction.

     9.  You shall not be liable in any respect on account of the identity,
authorities or rights of the parties executing or delivering or purporting to
execute or deliver the Agreement or any documents or papers deposited or called
for hereunder.

     10. You shall not be liable for the outlawing of any rights under the
Statute of Limitations with respect to these Joint Escrow Instructions or any
documents deposited with you.

                                      -2-
<PAGE>

     11.  You shall be entitled to employ such legal counsel and other experts
as you may deem necessary properly to advise you in connection with your
obligations hereunder, may rely upon the advice of such counsel, and may pay
such counsel reasonable compensation therefor.

     12.  Your responsibilities as Escrow Agent hereunder shall terminate if you
shall cease to be an officer or agent of the Company or if you shall resign by
written notice to each party.  In the event of any such termination, the Company
shall appoint a successor Escrow Agent.

     13.  If you reasonably require other or further instruments in connection
with these Joint Escrow Instructions or obligations in respect hereto, the
necessary parties hereto shall join in furnishing such instruments.

     14.  It is understood and agreed that should any dispute arise with respect
to the delivery and/or ownership or right of possession of the securities held
by you hereunder, you are authorized and directed to retain in your possession
without liability to anyone all or any part of said securities until such
disputes shall have been settled either by mutual written agreement of the
parties concerned or by a final order, decree or judgment of a court of
competent jurisdiction after the time for appeal has expired and no appeal has
been perfected, but you shall be under no duty whatsoever to institute or defend
any such proceedings.

     15.  Any notice required or permitted hereunder shall be given in writing
and shall be deemed effectively given upon personal delivery or upon deposit in
the United States Post Office, by registered or certified mail with postage and
fees prepaid, addressed to each of the other parties thereunto entitled at the
following addresses or at such other addresses as a party may designate by ten
days' advance written notice to each of the other parties hereto.

     COMPANY:       Evolve Software, Inc.
                    615 Battery Street, Suite 400
                    San Francisco, CA 94111

     PURCHASER:     John P. Bantleman
                    281 Filbert Street
                    San Francisco, CA  94111

     ESCROW AGENT:  J. Russell DeLeon
                    c/o Evolve Software, Inc.
                    615 Battery Street, Suite 400
                    San Francisco, CA 94111

     16.  By signing these Joint Escrow Instructions, you become a party hereto
only for the purpose of said Joint Escrow Instructions; you do not become a
party to the Agreement.

     17.  This instrument shall be binding upon and inure to the benefit of the
parties hereto, and their respective successors and permitted assigns.

                                      -3-
<PAGE>

     18.  These Joint Escrow Instructions shall be governed by, and construed
and enforced in accordance with, the laws of the State of California.

                         Very truly yours,

                         Evolve Software, Inc.

                         By: ______________________________________

                         Title: ___________________________________

                         Purchaser

                         __________________________________________
                         (Signature)

                         __________________________________________
                         (Print or type name)

ESCROW AGENT:

_______________________________________
Corporate Secretary

                                      -4-
<PAGE>

                                   EXHIBIT D
                                   ---------

                              SECURITY AGREEMENT

     This Security Agreement is made as of January  ___, 1998 between Evolve
Software, Inc., a Delaware corporation ("Pledgee"), John P. Bantleman
("Pledgor"), and J. Russell DeLeon, Secretary of Pledgee, as the holder of the
Securities pledged hereunder ("Pledgeholder").

                                   Recitals
                                   --------

     Pursuant to Pledgor's purchase of Shares under the Restricted Stock
Purchase Agreement dated January ___, 1998 (the "Agreement"), between Pledgor
and Pledgee, and Pledgor's election under the terms of the Agreement to pay for
such shares with Pledgor's promissory note (the "Note"), Pledgor has purchased
900,000 shares of Pledgee's Common Stock (the "Shares") at a price of $0.30 per
share, for a total purchase price of $270,000.  The Note and the obligations
thereunder are as set forth in Exhibit A to the Agreement.

     NOW, THEREFORE, it is agreed as follows:

     1.  Creation and Description of Security Interest.  In consideration of the
         ---------------------------------------------
transfer of the Shares to Pledgor under the Agreement, Pledgor, pursuant to the
California Commercial Code, hereby pledges all of such Shares (herein sometimes
referred to as the "Collateral") represented by certificate number 108, duly
endorsed in blank or with an executed stock power or powers, and herewith
delivers said certificate to Pledgeholder, who shall hold said certificate
subject to the terms and conditions of this Security Agreement.

     The pledged stock (together with an executed blank stock assignment or
assignments for use in transferring all or a portion of the Shares to Pledgee
if, as and when required pursuant to this Security Agreement) shall be held by
Pledgeholder as security for the repayment of the Note, and any extensions or
renewals thereof, to be executed by Pledgor pursuant to the terms of the
Agreement, and Pledgeholder shall not encumber or dispose of such Shares except
in accordance with the provisions of this Security Agreement.

     2.   Pledgor's Representations and Covenants.  To induce Pledgee to enter
          ---------------------------------------
into this Security Agreement, Pledgor represents and covenants to Pledgee, its
successors and assigns, as follows:

          (a)  Payment of Indebtedness.  Pledgor will pay the principal sum of
               -----------------------
the Note secured hereby, and interest thereon, at the time and in the manner
provided in the Note.

          (b)  Encumbrances.  The Shares are free of all other encumbrances,
               ------------
defenses and liens (other than restrictions on transfer imposed by applicable
securities laws), except for (i) Pledgee's rights to repurchase Shares pursuant
to Section 3 of the Agreement and (ii) the pledge of the Shares hereunder as
security for payment of the Note, and Pledgor will not further encumber the
Shares without the prior written consent of Pledgee.
<PAGE>

          (c)  Margin Regulations.  In the event that Pledgee's Common Stock is
               ------------------
now or later becomes margin-listed by the Federal Reserve Board and Pledgee is
classified as a "lender" within the meaning of the regulations under Part 207 of
Title 12 of the Code of Federal Regulations ("Regulation G"), Pledgor agrees to
cooperate with Pledgee in making any amendments to the Note or providing any
additional collateral as may be necessary to comply with such regulations.

     3.   Voting Rights.  During the term of this pledge and so long as all
          -------------
payments of principal and interest are made as they become due under the terms
of the Note, Pledgor shall have the right to vote all of the Shares pledged
hereunder.

     4.   Stock Adjustments.  In the event that during the term of the pledge
          -----------------
any stock dividend, reclassification, readjustment or other changes are declared
or made in the capital structure of Pledgee, all new, substituted and additional
shares or other securities issued by reason of any such change shall be
delivered to and held by the Pledgee under the terms of this Security Agreement
in the same manner as the Shares originally pledged hereunder. In the event of
substitution of such securities, Pledgor, Pledgee and Pledgeholder shall
cooperate and execute such documents as are reasonable so as to provide for the
substitution of such Collateral and, upon such substitution, references to
"Shares" in this Security Agreement shall include the substituted shares of
capital stock of Pledgor as a result thereof.

     5.   Options and Rights.  In the event that, during the term of this
          ------------------
pledge, subscription Options or other rights or options shall be issued in
connection with the pledged Shares, such rights, Options and options shall be
the property of Pledgor and, if exercised by Pledgor, all new stock or other
securities so acquired by Pledgor as it relates to the pledged Shares then held
by Pledgeholder shall be immediately delivered to Pledgeholder, to be held under
the terms of this Security Agreement in the same manner as the Shares pledged.

     6.   Default.  Pledgor shall be deemed to be in default of the Note and of
          -------
this Security Agreement in the event:

          (a) Payment of principal or interest on the Note shall be delinquent
for a period of 10 days or more; or

          (b) Pledgor fails to perform any of the covenants set forth in the
Agreement or contained in this Security Agreement for a period of 10 days after
written notice thereof from Pledgee.

     In the case of an event of Default, as set forth above, Pledgee shall have
the right to accelerate payment of the Note upon notice to Pledgor, and Pledgee
shall thereafter be entitled to pursue its remedies under the California
Commercial Code.

     7    Release of Collateral.  Subject to any applicable contrary rules under
          ---------------------
Regulation G, there shall be released from this pledge a portion of the pledged
Shares held by Pledgeholder hereunder upon payments of the principal of the
Note.  The number of the pledged Shares which shall be

                                      -2-
<PAGE>

released shall be that number of full Shares which bears the same proportion to
the initial number of Shares pledged hereunder as the payment of principal bears
to the initial full principal amount of the Note. Notwithstanding the foregoing,
upon any release of pledged Shares hereunder any such Shares which shall
continue to constitute Unreleased Shares as defined in the Agreement shall
continue to be held in escrow pursuant to Sections 3 and 5 of the Agreement.

     8    Withdrawal or Substitution of Collateral.  Pledgor shall not sell,
          ----------------------------------------
withdraw, pledge, substitute or otherwise dispose of all or any part of the
Collateral without the prior written consent of Pledgee.

     9    Term.  The within pledge of Shares shall continue until the payment of
          ----
all indebtedness secured hereby, subject to the provisions for prior release of
a portion of the Collateral as provided in paragraph 7 above.

     10   Insolvency.  Pledgor agrees that if a bankruptcy or insolvency
          ----------
proceeding is instituted by or against it, or if a receiver is appointed for the
property of Pledgor, or if Pledgor makes an assignment for the benefit of
creditors, the entire amount unpaid on the Note shall become immediately due and
payable, and Pledgee may proceed as provided in the case of default.

     11   Pledgeholder Liability.
          ----------------------

          (a) Pledgeholder shall not be liable to any party for any of his acts,
or omissions to act, as Pledgeholder unless Pledgeholder is proved to have acted
in bad faith.  Any act done or omitted pursuant to the advice of legal counsel,
other than an act or omission involving gross or wilful negligence, shall be
deemed to be done or omitted in good faith.

          (b) Pledgeholder shall be entitled to employ such legal counsel and
other experts as Pledgeholder may deem necessary properly to advise Pledgeholder
in connection with its obligations hereunder, and Pledgeholder may rely upon the
advice of such counsel.  Such counsel's reasonable fees and costs shall be borne
50% by Pledger and 50% by Pledgee.

          (c) It is understood and agreed that should any dispute arise with
respect to the delivery and/or ownership or right of possession of the
securities held by Pledgeholder hereunder, Pledgeholder is authorized and
directed to retain in Pledgeholder's possession without liability to anyone all
or any part of said securities until such disputes shall have been settled
either by mutual written agreement of the parties concerned or by a final order,
decree or judgment of the arbitrator provided for in Section 13 of the Agreement
or of a court of competent jurisdiction after the time for appeal has expired
and no appeal has been perfected, but Pledgeholder shall be under no duty
whatsoever to institute or defend any such proceedings.

     In addition, upon any dispute Pledgeholder should be entitled to engage
legal counsel, one-half of whose fees and expenses shall be borne by Pledgor and
one-half by Pledgee.

                                      -3-
<PAGE>

     12   Invalidity of Particular Provisions.  Pledgor and Pledgee agree that
          -----------------------------------
the enforceability or invalidity of any provision or provisions of this Security
Agreement shall not render any other provision or provisions herein contained
unenforceable or invalid.

     13   Successors or Assigns.  Pledgor and Pledgee agree that all of the
          ---------------------
terms of this Security Agreement shall be binding on their respective successors
and assigns, and that the term "Pledgor" and the term "Pledgee" as used herein
shall be deemed to include, for all purposes, the respective designees,
successors, assigns, heirs, executors and administrators.

     14   Governing Law.  This Security Agreement shall be interpreted and
          -------------
governed under the laws of the State of California.

                                      -4-
<PAGE>

     IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of
the day and year first above written.

     "PLEDGOR"                   By:  __________________________________
                                      John P. Bantleman

                            Address:  281 Filbert Street
                                      San Francisco, CA 94111

     "PLEDGEE"                        Evolve Software, Inc.
                                      a Delaware corporation

                                 By:  __________________________________

                              Title:  __________________________________

     "PLEDGEHOLDER"                   __________________________________
                                      Secretary of Pledgee

                                      -5-
<PAGE>

                         ELECTION UNDER SECTION 83(b)
                         ----------------------------
                     OF THE INTERNAL REVENUE CODE OF 1986
                     ------------------------------------

  The undersigned taxpayer hereby elects, pursuant to the above-referenced
Federal Tax Code, to include in taxpayer's gross income for the current taxable
year, the amount of any compensation taxable to taxpayer in connection with his
receipt of the property described below:

1. The name, address, taxpayer identification number and taxable year of the
   undersigned are as follows:

NAME:
TAXPAYER:_______________________         SPOUSE:_______________________

ADDRESS:________________________

IDENTIFICATION NO.:
TAXPAYER:_______________________         SPOUSE:_______________________

TAXABLE YEAR:

2. The property with respect to which the election is made is described as
   follows: 900,000 shares (the "Shares") of the Common Stock of Evolve
   Software, Inc. (the "Company").

3.  The date on which the property was transferred is: January __, 1998

4.  The property is subject to the following restrictions:

  The Shares may be repurchased by the Company, or its assignee, on certain
events. This right lapses with regard to a portion of the Shares over time.

5.  The fair market value at the time of transfer, determined without regard to
    any restriction other than a restriction which by its terms will never
    lapse, of such property is:
                                  $270,000.00

6.  The amount (if any) paid for such property is:

                                  $270,000.00

  The undersigned has submitted a copy of this statement to the person for whom
the services were performed in connection with the undersigned's receipt of the
above-described property.  The transferee of such property is the person
performing the services in connection with the transfer of said property.

The undersigned understands that the foregoing election may not be revoked
--------------------------------------------------------------------------
except with the consent of the Commissioner.
-------------------------------------------

Dated:__________________________    ____________________________________
                                    Taxpayer

The undersigned spouse of taxpayer joins in this election.

Dated:___________________________   ____________________________________
                                    Spouse of Taxpayer

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