Document:

optionagreement_trombetta.htm

    EXHIBIT
4.3

     

    COMMUNICATION
INTELLIGENCE CORPORATION

    STOCK
OPTION AGREEMENT

    

    1.           Grant of
Option.  Subject to the terms, definitions and provisions
contained herein, Communication Intelligence Corporation (the "Company"), hereby
grants to:

    

    Optionee’s
Name:                                Steven
Trombetta

    

    Non-Qualified
Option to purchase Common Stock of the Company as follows:

    

    
      	 
      	
              Date
      of Grant:

              Total
      Number of Shares Underlying Grant:

              Exercise
      price per

              Expiration
      Date:

            	 
      	
              May
      26, 2009

              1,000,000

              $0.10

              5/26/2016

            	 
      

    

    

    Termination
Period.  This Option may be exercised for ninety days after
separation from the Company except as set out in Sections 7 and 8 of this Option
Agreement (but in no event later than the Expiration Date).

    

    2.           Exercise of
Option.  This Option shall be exercisable in whole or in part
during its term in accordance with the Vesting Schedule as set forth in Exhibit
B attached hereto.

    

    

    (i)           Right to
Exercise.

    

    (a)           This
Option may not be exercised for a fraction of a share.

    (b)           In
the event of Optionee's death, disability or other separation from the Company,
the exercisability of the Option is governed by Sections 6, 7 and 8 below,
subject to the limitation contained in subsection 2(i)(c).

    (c)           In
no event may this Option be exercised after the date of expiration of the term
of this Option as set forth herein.

    

    (ii)           Method of
Exercise.  This Option shall be exercisable by written notice
delivered to the Secretary of the Company (in the form attached as Exhibit A)
which shall state the election to exercise the Option, the number of Shares in
respect of which the Option is being exercised, and such other representations
and agreements as to the holder's investment intent with respect to such shares
of Common Stock as may be reasonably required by the Company.  Such
written notice shall be signed by the Optionee and shall be delivered in person
or by certified mail to the Secretary of the Company.  The written
notice shall be accompanied by payment of the Exercise Price pursuant to Section
3 hereof.  This Option shall be deemed to be exercised upon receipt by
the Company of such written notice accompanied by the Exercise
Price.

    

    3.           Method of
Payment.  Payment of the Exercise Price shall be by check or
delivery of shares of the Company’s Common Stock then owned by the
Optionee.  Payment may also be made by delivering a properly executed
exercise notice to the Company together with a copy of irrevocable instructions
to a broker to deliver promptly to the Company the amount of sale or loan
proceeds to pay the exercise price.

    

    4.           Restrictions on Exercise and
Tradability of Underlying Shares.  This Option may not be
exercised if the issuance of such Shares upon such exercise or the method of
payment or consideration for such shares would constitute a violation of any
applicable federal or state securities or other law or regulation, including any
rule under Part 207 of Title 12 of the Code of Federal Regulations (“Regulation
G”) as promulgated by the Federal Reserve Board. The underlying shares to be
issued pursuant to this option have not been registered with the Securities and
Exchange Commission and will be subject to trading restrictions upon
issuance.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
          EXHIBIT
4.3

        

      

    

     

        5.           Termination of
Relationship.  Should Optionee cease to be an employee or
director, Optionee may, to the extent otherwise so entitled at the date of such
termination (the "Termination Date"), exercise this Option during the
Termination Period set out in Section 1 of this Option.  To the extent
that Optionee was not entitled to exercise this Option at the date of such
termination, or if Optionee does not exercise this Option within the time
specified herein, the Option shall terminate.

    

    6.           Disability of
Optionee.  Notwithstanding the provisions of Section 6 above,
in the event of termination of Optionee's status as an employee or a member of
the Board of Directors as a result of total and permanent disability (as defined
in Section 22(e)(3) of the Internal Revenue Code), Optionee may, but only within
twelve (12) months from the date of separation from the Board of Directors or if
separation is due to disability which is not total and permanent, then within
six (6) months of such separation (but in no event later than the date of
expiration of the term of this Option as set forth in Section 10 below),
exercise the Option to the extent otherwise so entitled at the date of such
termination.  To the extent that Optionee was not entitled to exercise
the Option at the date of termination, or if Optionee does not exercise such
Option (to the extent otherwise so entitled) within the time specified herein,
the Option shall terminate.

    

    7.           Death of
Optionee.  In the event of the death of Optionee, the Option
may be exercised at any time within twelve (12) months following the date of
death (but in no event later than the date of expiration of the term of this
Option as set forth in Section 10 below), by Optionee's estate or by a person
who acquired the right to exercise the Option by bequest or inheritance, but
only to the extent the Optionee could exercise the Option at the date of
death.

    

    8.           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 him.  The terms of this Option shall
be binding upon the executors, administrators, heirs, successors and assigns of
the Optionee.

    

    9.           Term of
Option.  This Option may be exercised only within the term set
out in Section 1 of this Option, and may be exercised during such term only in
accordance with the terms of this Option.

    

    10.           Tax
Consequences.  OPTIONEE SHOULD CONSULT A TAX ADVISER BEFORE
EXERCISING THIS OPTION OR DISPOSING OF THE SHARES.

    

    11.           Adjustment upon Changes in
Capitalization. In the event of any change in the number of shares of the
outstanding common stock of the Company as a consequence of  a stock
split, stock dividend, combination or reclassification of shares,
recapitalization, merger or similar event, the number of shares underlying this
Option and the related exercise price shall be adjusted
proportionately.

    

    Remainder
of this page intentionally left blank.

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
          EXHIBIT
4.3

        

      

    

     

        Optionee
hereby accepts this Option subject to all of the terms and provisions
hereof.  Optionee has reviewed this Option in its entirety, has had an
opportunity to obtain the advice of counsel prior to executing this Option and
fully understands all provisions of the Option.  Optionee hereby
agrees to accept as binding, conclusive and final, all decisions or
interpretations of the Board of Directors or duly appointed or elected committee
thereof upon any questions arising under this Option.

    

    

    

    
      	
               

              ACCEPTED:

            	 
      	
              COMMUNICATION
      INTELLIGENCE CORPORATION

            
	
               
      

                                                            /s/
      Steven Trombetta

            	 
      	
               
      

                                                       /s/
      Guido DiGregorio

            
	
              Optionee

               

               

            	 
      	
              By:  Guido
      DiGregorio

               

              CEO
      and President

            
	
              Address

               

               

            	 
      	
              Title

            
	
              City                    State                Zip

            	 
      	 
      

    

     

    
 

    
      
        
        

      

      
        
        

        
          

        

      

      
        
          EXHIBIT
4.3

        

      

    

     

    EXHIBIT
A

    COMMUNICATION
INTELLIGENCE CORPORATION

    STOCK
OPTION EXERCISE NOTICE

    

    

    The
undersigned is the holder of an option and wishes to exercise that option to
purchase common stock of Communication Intelligence Corporation as
follows:

    

    
      	
               

              Number
      of Shares:

            	 
      
	
               

              Exercise
      Price:

            	
               

              $

            
	
               

              Total
      Purchase Price:

            	
               

              $

            

    

    

    This
Exercise Notice together with payment is to be delivered, either in person or by
certified mail to:

    

    
      	 
      	
              The
      Secretary

              Communication
      Intelligence Corporation

              275
      Shoreline Drive, Suite 500

              Redwood
      Shores, CA  94065

            	 
      

    

    

    

    
      	 
      
	
              Dated

            
	 
      
	
              Signature

            
	 
      
	
              Typed
      or Printed Name

            

    

    

    Please
mail my common stock certificate to the address listed below:

    

    
      	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	 
      	 
      

    

     

    
       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
            EXHIBIT
4.3

          

        

      

       

      
        	
                EXHIBIT
      B

                COMMUNICATION
      INTELLIGENCE CORPORATION

              
	
                STOCK
      OPTION VESTING SCHEDULE

              
	
                FOR
      OPTIONS GRANTED ON MAY 26, 2009

              

      

       

      
        	
                NUMBER
      OF OPTIONS GRANTED:

              	
                               1,000,000

              

      

       

      
        	
                VESTING

              	
                DATE
      OF

              	
                 NUMBER
      OF

              
	
                SCHEDULE

              	
                VESTING

              	
                 SHARES

              
	 
      	 
      	 
      
	
                8.333%

              	
                8/26/2009

              	
                                        83,337

              
	
                8.333%

              	
                11/26/2009

              	
                                        83,333

              
	
                8.333%

              	
                2/26/2010

              	
                                        83,333

              
	
                8.333%

              	
                5/26/2010

              	
                                        83,333

              
	
                8.333%

              	
                8/26/2010

              	
                                        83,333

              
	
                8.333%

              	
                11/26/2010

              	
                                        83,333

              
	
                8.333%

              	
                2/26/2011

              	
                                        83,333

              
	
                8.333%

              	
                5/26/2011

              	
                                        83,333

              
	
                8.333%

              	
                8/26/2011

              	
                                        83,333

              
	
                8.333%

              	
                11/26/2011

              	
                                        83,333

              
	
                8.333%

              	
                2/26/2012

              	
                                        83,333

              
	
                8.333%

              	
                5/26/2012

              	
                                        83,333

              
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	 
      	 
      
	
                100.000%

              	 
      	
                               1,000,000optionagreement_eshghipour.htm

    EXHIBIT
4.4

     

    COMMUNICATION
INTELLIGENCE CORPORATION

    STOCK
OPTION AGREEMENT

    

    1.           Grant of
Option.  Subject to the terms, definitions and provisions
contained herein, Communication Intelligence Corporation (the "Company"), hereby
grants to:

    

    Optionee’s
Name:                                Chantal
Eshghipour

    

    Non-Qualified
Option to purchase Common Stock of the Company as follows:

    

    
      	 
      	
              Date
      of Grant:

              Total
      Number of Shares Underlying Grant:

              Exercise
      price per

              Expiration
      Date:

            	 
      	
              May
      26, 2009

              200,000

              $0.10

              5/26/2016

            	 
      

    

    

    Termination
Period.  This Option may be exercised for ninety days after
separation from the Company except as set out in Sections 7 and 8 of this Option
Agreement (but in no event later than the Expiration Date).

    

    2.           Exercise of
Option.  This Option shall be exercisable in whole or in part
during its term in accordance with the Vesting Schedule as set forth in Exhibit
B attached hereto.

    

    

    (i)           Right to
Exercise.

    

    (a)           This
Option may not be exercised for a fraction of a share.

    (b)           In
the event of Optionee's death, disability or other separation from the Company,
the exercisability of the Option is governed by Sections 6, 7 and 8 below,
subject to the limitation contained in subsection 2(i)(c).

    (c)           In
no event may this Option be exercised after the date of expiration of the term
of this Option as set forth herein.

    

    (ii)           Method of
Exercise.  This Option shall be exercisable by written notice
delivered to the Secretary of the Company (in the form attached as Exhibit A)
which shall state the election to exercise the Option, the number of Shares in
respect of which the Option is being exercised, and such other representations
and agreements as to the holder's investment intent with respect to such shares
of Common Stock as may be reasonably required by the Company.  Such
written notice shall be signed by the Optionee and shall be delivered in person
or by certified mail to the Secretary of the Company.  The written
notice shall be accompanied by payment of the Exercise Price pursuant to Section
3 hereof.  This Option shall be deemed to be exercised upon receipt by
the Company of such written notice accompanied by the Exercise
Price.

    

    3.           Method of
Payment.  Payment of the Exercise Price shall be by check or
delivery of shares of the Company’s Common Stock then owned by the
Optionee.  Payment may also be made by delivering a properly executed
exercise notice to the Company together with a copy of irrevocable instructions
to a broker to deliver promptly to the Company the amount of sale or loan
proceeds to pay the exercise price.

    

    4.           Restrictions on Exercise and
Tradability of Underlying Shares.  This Option may not be
exercised if the issuance of such Shares upon such exercise or the method of
payment or consideration for such shares would constitute a violation of any
applicable federal or state securities or other law or regulation, including any
rule under Part 207 of Title 12 of the Code of Federal Regulations (“Regulation
G”) as promulgated by the Federal Reserve Board. The underlying shares to be
issued pursuant to this option have not been registered with the Securities and
Exchange Commission and will be subject to trading restrictions upon
issuance.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
          EXHIBIT
4.4

        

      

    

     

        5.           Termination of
Relationship.  Should Optionee cease to be an employee or
director, Optionee may, to the extent otherwise so entitled at the date of such
termination (the "Termination Date"), exercise this Option during the
Termination Period set out in Section 1 of this Option.  To the extent
that Optionee was not entitled to exercise this Option at the date of such
termination, or if Optionee does not exercise this Option within the time
specified herein, the Option shall terminate.

    

    6.           Disability of
Optionee.  Notwithstanding the provisions of Section 6 above,
in the event of termination of Optionee's status as an employee or a member of
the Board of Directors as a result of total and permanent disability (as defined
in Section 22(e)(3) of the Internal Revenue Code), Optionee may, but only within
twelve (12) months from the date of separation from the Board of Directors or if
separation is due to disability which is not total and permanent, then within
six (6) months of such separation (but in no event later than the date of
expiration of the term of this Option as set forth in Section 10 below),
exercise the Option to the extent otherwise so entitled at the date of such
termination.  To the extent that Optionee was not entitled to exercise
the Option at the date of termination, or if Optionee does not exercise such
Option (to the extent otherwise so entitled) within the time specified herein,
the Option shall terminate.

    

    7.           Death of
Optionee.  In the event of the death of Optionee, the Option
may be exercised at any time within twelve (12) months following the date of
death (but in no event later than the date of expiration of the term of this
Option as set forth in Section 10 below), by Optionee's estate or by a person
who acquired the right to exercise the Option by bequest or inheritance, but
only to the extent the Optionee could exercise the Option at the date of
death.

    

    8.           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 him.  The terms of this Option shall
be binding upon the executors, administrators, heirs, successors and assigns of
the Optionee.

    

    9.           Term of
Option.  This Option may be exercised only within the term set
out in Section 1 of this Option, and may be exercised during such term only in
accordance with the terms of this Option.

    

    10.           Tax
Consequences.  OPTIONEE SHOULD CONSULT A TAX ADVISER BEFORE
EXERCISING THIS OPTION OR DISPOSING OF THE SHARES.

    

    11.           Adjustment upon Changes in
Capitalization. In the event of any change in the number of shares of the
outstanding common stock of the Company as a consequence of  a stock
split, stock dividend, combination or reclassification of shares,
recapitalization, merger or similar event, the number of shares underlying this
Option and the related exercise price shall be adjusted
proportionately.

    

    Remainder
of this page intentionally left blank.

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
          EXHIBIT
4.4

        

      

    

     

        Optionee
hereby accepts this Option subject to all of the terms and provisions
hereof.  Optionee has reviewed this Option in its entirety, has had an
opportunity to obtain the advice of counsel prior to executing this Option and
fully understands all provisions of the Option.  Optionee hereby
agrees to accept as binding, conclusive and final, all decisions or
interpretations of the Board of Directors or duly appointed or elected committee
thereof upon any questions arising under this Option.

    

    

    

    
      	
               

              ACCEPTED:

            	 
      	
              COMMUNICATION
      INTELLIGENCE CORPORATION

            
	
               
      

                                                     /s/
      Chantal Eshghipour

            	 
      	
               
      

                                                       /s/ Guido
      Digregorio

            
	
              Optionee

               

               

            	 
      	
              By:  Guido
      DiGregorio

               

              CEO
      and President

            
	
              Address

               

               

            	 
      	
              Title

            
	
              City                    State                Zip

            	 
      	 
      

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
          EXHIBIT
4.4

        

      

    

     

    EXHIBIT
A

    COMMUNICATION
INTELLIGENCE CORPORATION

    STOCK
OPTION EXERCISE NOTICE

    

    

    The
undersigned is the holder of an option and wishes to exercise that option to
purchase common stock of Communication Intelligence Corporation as
follows:

    

    
      	
               

              Number
      of Shares:

            	 
      
	
               

              Exercise
      Price:

            	
               

              $

            
	
               

              Total
      Purchase Price:

            	
               

              $

            

    

    

    This
Exercise Notice together with payment is to be delivered, either in person or by
certified mail to:

    

    
      	 
      	
              The
      Secretary

              Communication
      Intelligence Corporation

              275
      Shoreline Drive, Suite 500

              Redwood
      Shores, CA  94065

            	 
      

    

    

    

    
      	 
      
	
              Dated

            
	 
      
	
              Signature

            
	 
      
	
              Typed
      or Printed Name

            

    

    

    Please
mail my common stock certificate to the address listed below:

    

    
      	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	 
      	 
      

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
          EXHIBIT
4.4

        

      

    

     

    
      	
              EXHIBIT
      B

              COMMUNICATION
      INTELLIGENCE CORPORATION

            
	
              STOCK
      OPTION VESTING SCHEDULE

            
	
              FOR
      OPTIONS GRANTED ON MAY 26, 2009

            

    

     

    
      
        	
                NUMBER
      OF OPTIONS GRANTED:

              	
                                                 200,000

              

      

    

     

    
      
        
          	
                  VESTING

                	
                  DATE
      OF

                	
                   NUMBER
      OF

                
	
                  SCHEDULE

                	
                  VESTING

                	
                   SHARES

                
	 
      	 
      	 
      
	
                  8.333%

                	
                  8/26/2009

                	
                  16,674

                
	
                  8.333%

                	
                  11/26/2009

                	
                  16,666

                
	
                  8.333%

                	
                  2/26/2010

                	
                  16,666

                
	
                  8.333%

                	
                  5/26/2010

                	
                  16,666

                
	
                  8.333%

                	
                  8/26/2010

                	
                  16,666

                
	
                  8.333%

                	
                  11/26/2010

                	
                  16,666

                
	
                  8.333%

                	
                  2/26/2011

                	
                  16,666

                
	
                  8.333%

                	
                  5/26/2011

                	
                  16,666

                
	
                  8.333%

                	
                  8/26/2011

                	
                  16,666

                
	
                  8.333%

                	
                  11/26/2011

                	
                  16,666

                
	
                  8.333%

                	
                  2/26/2012

                	
                  16,666

                
	
                  8.333%

                	
                  5/26/2012

                	
                  16,666

                
	 
      	 
      	 
      
	
                  100.000%

                	 
      	
                  200,000

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00160-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00160-of-00352.parquet"}]]