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Exhibit 10.01  

 
 

INDEMNITY AGREEMENT    
    

        This Indemnity Agreement (this "Agreement"), dated as
of                        , 2004, is made by and between
Alibris, Inc., a Delaware corporation (the "Company"),
and                        , a director and/or officer of the Company (the
"Indemnitee"). 

RECITALS  

        A.    The
Company is aware that competent and experienced persons are increasingly reluctant to serve as directors or officers of corporations unless they are protected by
comprehensive liability insurance and/or indemnification, due to increased exposure to litigation costs and risks resulting from their service to such corporations, and because the exposure frequently
bears no reasonable relationship to the compensation of such directors and officers; 

        B.    Based
on their experience as business managers, the Board of Directors of the Company (the "Board") has concluded that, to
retain and attract talented and experienced individuals to serve as officers and directors of the Company, and to encourage such individuals to take the business risks necessary for the success of the
Company, it is necessary for the Company contractually to indemnify officers and directors and to assume for itself maximum liability for expenses and damages in connection with claims against such
officers and directors in connection with their service to the Company; 

        C.    Section 145
of the General Corporation Law of Delaware, under which the Company is organized (the "Law") empowers
the Company to indemnify by agreement its officers, directors, employees and agents, and persons who serve, at the request of the Company, as directors, officers, employees or agents of other
corporations or enterprises, and expressly provides that the indemnification provided by the Law is not exclusive; and 

        D.    The
Company desires and has requested the Indemnitee to serve or continue to serve as a director or officer of the Company free from undue concern for claims for damages
arising out of or related to such services to the Company. 

        NOW, THEREFORE, the parties hereto, intending to be legally bound, hereby agree as follows: 

        1.    Definitions.    

        1.1    Agent.    For the purposes of this Agreement,
"agent" of the Company means any person who is or was a director or officer of the Company or a subsidiary of the Company; or is or was serving at the
request of, for the convenience of, or to represent the interest of the Company or a subsidiary of the Company as a director or officer of another foreign or domestic corporation, partnership, joint
venture, trust or other enterprise or an affiliate of the Company; or was a director or officer of a foreign or domestic corporation which was a predecessor corporation of the Company, or was a
director or officer of another enterprise or affiliate of the Company at the request of, for the convenience of, or to represent the interests of such predecessor corporation. The term
"enterprise" includes any employee benefit plan of the Company, its subsidiaries, affiliates and predecessor corporations. 

        1.2    Expenses.    For purposes of this Agreement,
"expenses" includes all direct and indirect costs of any type or nature whatsoever (including, without limitation, all attorneys' fees and related
disbursements and other out-of-pocket costs) actually and reasonably incurred by the Indemnitee in connection with the investigation, defense or appeal of a proceeding or
establishing or enforcing a right to indemnification or advancement of expenses under this Agreement. 

        1.3    Proceeding.    For the purposes of this Agreement,
"proceeding" means any threatened, pending or completed action, suit or other proceeding, whether civil, criminal, administrative, investigative or any
other type whatsoever. 

 

        1.4    Subsidiary.    For purposes of this Agreement,
"subsidiary" means any corporation of which more than fifty percent (50%) of the outstanding voting securities is owned directly or indirectly by the
Company, by the Company and one or more of its subsidiaries or by one or more of the Company's subsidiaries. 

        2.    Agreement to Serve.    The Indemnitee agrees to serve and/or
continue to serve as an agent of the Company, at the will of the Company (or under separate agreement, if such agreement exists), in the capacity the Indemnitee currently serves as an agent of the
Company, faithfully and to the best of his ability, so long as he or she is duly appointed or elected and qualified in accordance with the applicable provisions of the charter documents of the Company
or any subsidiary of the Company; provided, however, that the Indemnitee may at any time and for any
reason resign from such position (subject to any contractual obligation that the Indemnitee may have assumed apart from this Agreement), and the Company or any subsidiary shall have no obligation
under this Agreement to continue the Indemnitee in any such position. 

        3.    Directors' and Officers' Insurance.    The Company shall, to the
extent that the Board determines it to be economically reasonable, maintain a policy of directors' and officers' liability insurance ("D&O Insurance"),
on such terms and conditions as may be approved by the Board. 

        4.    Mandatory Indemnification.    Subject to Section 9 below,
the Company shall indemnify the Indemnitee: 

        4.1    Third Party Actions.    If the Indemnitee is a person who was
or is a party or is threatened to be made a party to any proceeding (other than an action by or in the right of the Company) by reason of the fact that he is or was an agent of the Company, or by
reason of anything done or not done by him in any such capacity, against any and all expenses and liabilities of any type whatsoever (including, but not limited to, judgments, fines, ERISA excise
taxes or penalties and amounts paid in settlement) actually and reasonably incurred by him in connection with the investigation, defense, settlement or appeal of such proceeding if he acted in good
faith and in a manner he reasonably believed to be in, or not opposed to, the best interests of the Company and, with respect to any criminal action or proceeding, had no reasonable cause to believe
his conduct was unlawful; and 

        4.2    Derivative Actions.    If the Indemnitee is a person who was or
is a party or is threatened to be made a party to any proceeding by or in the right of the Company to procure a judgment in its favor by reason of the fact that he is or was an agent of the Company,
or by reason of anything done or not done by him in any such capacity, against any amounts paid in settlement of any such proceeding and all expenses actually and reasonably incurred by him in
connection with the investigation, defense, settlement or appeal of such proceeding if he acted in good faith and in a manner he reasonably believed to be in, or not opposed to, the best interests of
the Company; except that no indemnification under this subsection shall be made in respect of any claim, issue or matter as to which such person shall
have been finally adjudged to be liable to the Company by a court of competent jurisdiction due to willful misconduct of a culpable nature in the performance of his duty to the Company, unless and
only to the extent that the Court of Chancery or the court in which such proceeding was brought shall determine upon application that, despite the adjudication of liability but in view of all the
circumstances of the case, such person is fairly and reasonably entitled to indemnity for such amounts which the Court of Chancery or such other court shall deem proper. 

        4.3    Exception for Amounts Covered by Insurance.    Notwithstanding
the foregoing, the Company shall not be obligated to indemnify the Indemnitee for expenses or liabilities of any type whatsoever (including, but not limited to, judgments, fines, ERISA excise taxes or
penalties and amounts paid in settlement) to the extent such have been paid directly to the Indemnitee by D&O Insurance. 

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        5.    Partial Indemnification and Contribution.    

        5.1    Partial Indemnification.    If the Indemnitee is entitled under
any provision of this Agreement to indemnification by the Company for some or a portion of any expenses or liabilities of any type whatsoever (including, but not limited to, judgments, fines, ERISA
excise taxes or penalties and amounts paid in settlement) incurred by him or her in the investigation, defense, settlement or appeal of a proceeding but is not entitled, however, to indemnification
for all of the total amount thereof, then the Company shall nevertheless indemnify the Indemnitee for such total amount except as to the portion thereof to which the Indemnitee is not entitled to
indemnification. 

        5.2    Contribution.    If the Indemnitee is not entitled to the
indemnification provided in Section 4 for any reason other than the statutory limitations set forth in the Law, then in respect of any threatened, pending or completed proceeding in which the
Company is jointly liable with the Indemnitee (or would be if joined in such proceeding), the Company shall contribute to the amount of expenses (including attorneys' fees), judgments, fines and
amounts paid in settlement actually and reasonably incurred and paid or payable by the Indemnitee in such proportion as is appropriate to reflect (i) the relative benefits received by the
Company on the one hand and the Indemnitee on the other hand from the transaction from which such proceeding arose and (ii) the relative fault of the Company on the one hand and of the
Indemnitee on the other hand in connection with the events which resulted in such expenses, judgments, fines or settlement amounts, as well as any other relevant equitable considerations. The relative
fault of the Company on the one hand and of the Indemnitee on the other hand shall be determined by reference to, among other things, the parties' relative intent, knowledge, access to information and
opportunity to correct or prevent the circumstances resulting in such expenses, judgments, fines or settlement amounts. The Company agrees that it would not be just and equitable if contribution
pursuant to this Section 5 were determined by pro rata allocation or any other method of allocation that does not take account of the foregoing equitable considerations. 

        6.    Mandatory Advancement of Expenses.    

        6.1    Advancement.    Subject to Section 9 below and except as
prohibited by law, the Company shall advance all expenses incurred by the Indemnitee in connection with the investigation, defense, settlement or appeal of any proceeding to which the Indemnitee is a
party or is threatened to be made a party by
reason of the fact that the Indemnitee is or was an agent of the Company or by reason of anything done or not done by him in any such capacity. The Indemnitee hereby undertakes to promptly repay such
amounts advanced only if, and to the extent that, it shall ultimately be determined that the Indemnitee is not entitled to be indemnified by the Company under the provisions of this Agreement, the
Certificate of Incorporation or Bylaws of the Company, the Law or otherwise. The advances to be made hereunder shall be paid by the Company to the Indemnitee within thirty (30) days following
delivery of a written request therefor by the Indemnitee to the Company. 

        6.2    Exception.    Notwithstanding the foregoing provisions of this
Section 6, the Company shall not be obligated to advance any expenses to the Indemnitee arising from a lawsuit filed directly by the Company against the Indemnitee if an absolute majority of
the members of the Board reasonably determines in good faith, within thirty (30) days of the Indemnitee's request to be advanced expenses, that the facts known to them at the time such
determination is made demonstrate clearly and convincingly that the Indemnitee acted in bad faith. If such a determination is made, the Indemnitee may have such decision reviewed by another forum, in
the manner set forth in Sections 8.3, 8.4 and 8.5 hereof, with all references therein to "indemnification" being deemed to refer to "advancement of expenses," and the burden of proof shall be on the
Company to demonstrate clearly and convincingly that, based on the facts known at the time, the Indemnitee acted in bad faith. The Company may not avail itself of this Section 6.2 

3

 

as
to a given lawsuit if, at any time after the occurrence of the activities or omissions that are the primary focus of the lawsuit, the Company has undergone a change in control. For this purpose, a
change in control shall mean a given person or group of affiliated persons or groups increasing their beneficial ownership interest in the Company by at least twenty (20) percentage points
without advance Board approval. 

        7.    Notice and Other Indemnification Procedures.    

        7.1   Promptly after receipt by the Indemnitee of notice of the commencement of or the threat of commencement of any
proceeding, the Indemnitee shall, if the Indemnitee believes that indemnification with respect thereto may be sought from the Company under this Agreement, notify the Company of the commencement or
threat of commencement thereof. 

        7.2   If, at the time of the receipt of a notice of the commencement of a proceeding pursuant to Section 7.1 hereof, the
Company has D&O Insurance in effect, the Company shall give prompt notice of the commencement of such proceeding to the insurers in accordance with the procedures set forth in the respective policies.
The Company shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of the Indemnitee, all amounts payable as a result of such proceeding in accordance with
the terms of such D&O Insurance policies. 

        7.3   In the event the Company shall be obligated to advance the expenses for any proceeding against the Indemnitee, the
Company, if appropriate, shall be entitled to assume the defense of such proceeding, with counsel approved by the Indemnitee (which approval shall not be unreasonably withheld), upon the delivery to
the Indemnitee of written notice of its election to do so. After delivery of such notice, approval of such counsel by the Indemnitee and the retention of such counsel by the Company, the Company will
not be liable to the Indemnitee under this Agreement for any fees of counsel subsequently incurred by the Indemnitee with respect to the same proceeding,  provided that: (a) the Indemnitee shall
have the right to employ his or her own counsel in any such proceeding at the Indemnitee's expense and
(b) if (i) the employment of counsel by the Indemnitee has been previously authorized by the Company, (ii) the Indemnitee shall have reasonably concluded that there may be a
conflict of interest between the Company and the Indemnitee in the conduct of any such defense or (iii) the Company shall not, in fact, have employed counsel to assume the defense of such
proceeding, then the fees and expenses of the Indemnitee's counsel shall be at the expense of the Company. 

        8.    Determination of Right to Indemnification.    

        8.1   To the extent the Indemnitee has been successful on the merits or otherwise in defense of any proceeding referred to in
Section 4.1 or 4.2 of this Agreement or in the defense of any claim, issue or matter described therein, the Company shall indemnify the Indemnitee against expenses actually and reasonably
incurred by him or her in connection with the investigation, defense or appeal of such proceeding, or such claim, issue or matter, as the case may be. 

        8.2   In the event that Section 8.1 is inapplicable, or does not apply to the entire proceeding, the Company shall
nonetheless indemnify the Indemnitee unless the Company shall prove by clear and convincing evidence to a forum listed in Section 8.3 below that the Indemnitee has not met the applicable
standard of conduct required to entitle the Indemnitee to such indemnification. 

        8.3   The Indemnitee shall be entitled to select the forum in which the validity of the Company's claim under
Section 8.2 hereof that the Indemnitee is not entitled to indemnification will be heard from among the following, except that the Indemnitee can
select a forum consisting of the stockholders of the Company only with the approval of the Company: 

        (a)   A
quorum of the Board consisting of directors who are not parties to the proceeding for which indemnification is being sought; 

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        (b)   The
stockholders of the Company; 

        (c)   Legal
counsel mutually agreed upon by the Indemnitee and the Board, which counsel shall make such determination in a written opinion; 

        (d)   A
panel of three arbitrators, one of whom is selected by the Company, another of whom is selected by the Indemnitee and the last of whom is selected by the first two
arbitrators so selected; or 

        (e)   Any
court having jurisdiction of subject matter and the parties. 

        8.4   As soon as practicable, and in no event later than thirty (30) days after the forum has been selected pursuant to
Section 8.3 above, the Company shall, at its own expense, submit to the selected forum its claim that the Indemnitee is not entitled to indemnification, and the Company shall act in the utmost
good faith to assure the Indemnitee a complete opportunity to defend against such claim. 

        8.5   If the forum selected in accordance with Section 8.3 hereof is not a court, then after the final decision of such
forum is rendered, the Company or the Indemnitee shall have the right to apply to the court having jurisdiction of subject matter and the parties, for the purpose of appealing the decision of such
forum, provided that such right is executed within sixty (60) days after the final decision of such forum is rendered. If the forum selected in
accordance with Section 8.3 hereof is a court, then the rights of the Company or the Indemnitee to appeal any decision of such court shall be governed by the applicable laws and rules governing
appeals of the decision of such court. 

        8.6   Notwithstanding any other provision in this Agreement to the contrary, the Company shall indemnify the Indemnitee against
all expenses incurred by the Indemnitee in connection with any hearing or proceeding under this Section 8 involving the Indemnitee and against all expenses incurred by the Indemnitee in
connection with any other proceeding between the Company and the Indemnitee involving the interpretation or enforcement of the rights of the Indemnitee under this Agreement unless a court of competent
jurisdiction finds that each of the material claims and/or defenses of the Indemnitee in any such proceeding was frivolous or not made in good faith. 

        9.    Exceptions.    Any other provision herein to the contrary
notwithstanding, the Company shall not be obligated pursuant to the terms of this Agreement: 

        9.1    Claims Initiated by Indemnitee.    To indemnify or advance
expenses to the Indemnitee with respect to proceedings or claims initiated or brought voluntarily by the Indemnitee and not by way of defense, except
with respect to proceedings specifically authorized by the Board or brought to establish or enforce a right to indemnification and/or advancement of expenses arising under this Agreement, the charter
documents of the Company or any subsidiary or any statute or law or otherwise, but such indemnification or advancement of expenses may be provided by the Company in specific cases if the Board finds
it to be appropriate; or 

        9.2    Unauthorized Settlements.    To indemnify the Indemnitee
hereunder for any amounts paid in settlement of a proceeding unless the Company consents in advance in writing to such settlement, which consent shall not be unreasonably withheld; or 

        9.3    Securities Law Actions.    To indemnify the Indemnitee on
account of any suit in which judgment is rendered against the Indemnitee for an accounting of profits made from the purchase or sale by the Indemnitee of securities of the Company pursuant to the
provisions of Section 16(b) of the Securities Exchange Act of 1934 and amendments thereto or similar provisions of any federal, state or local statutory law; or 

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        9.4    Unlawful Indemnification.    To indemnify the Indemnitee if a
final decision by a court having jurisdiction in the matter shall determine that such indemnification is not lawful. In this respect, the Company and the Indemnitee have been advised that the
Securities and Exchange Commission takes the position that indemnification for liabilities arising under the federal securities laws is against public policy and is, therefore, unenforceable and that
claims for indemnification should be submitted to appropriate courts for adjudication. 

        10.    Non-Exclusivity.    The provisions for
indemnification and advancement of expenses set forth in this Agreement shall not be deemed exclusive of any other rights which the Indemnitee may have under any provision of law, the Company's
Certificate of Incorporation or Bylaws, the vote of the Company's stockholders or disinterested directors, other agreements or otherwise, both as to action in the Indemnitee's official capacity and to
action in another capacity while occupying his position as an agent of the Company, and the Indemnitee's rights hereunder shall continue after the Indemnitee has ceased acting as an agent of the
Company and shall inure to the benefit of the heirs, executors and administrators of the Indemnitee. 

        11.    General Provisions.    

        11.1    Interpretation of Agreement.    It is understood that the
parties hereto intend this Agreement to be interpreted and enforced so as to provide indemnification and advancement of expenses to the Indemnitee to the fullest extent now or hereafter permitted by
law, except as expressly limited herein. 

        11.2    Severability.    If any provision or provisions of this
Agreement shall be held to be invalid, illegal or unenforceable for any reason whatsoever, then: (a) the validity, legality and enforceability of the remaining provisions of this Agreement
(including, without limitation, all portions of any paragraphs of
this Agreement containing any such provision held to be invalid, illegal or unenforceable that are not themselves invalid, illegal or unenforceable) shall not in any way be affected or impaired
thereby; and (b) to the fullest extent possible, the provisions of this Agreement (including, without limitation, all portions of any paragraphs of this Agreement containing any such provision
held to be invalid, illegal or unenforceable, that are not themselves invalid, illegal or unenforceable) shall be construed so as to give effect to the intent manifested by the provision held invalid,
illegal or unenforceable and to give effect to Section 11.1 hereof. 

        11.3    Modification and Waiver.    No supplement, modification or
amendment of this Agreement shall be binding unless executed in writing by both of the parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver
of any other provision hereof (whether or not similar), nor shall such waiver constitute a continuing waiver. 

        11.4    Subrogation.    In the event of full payment under this
Agreement, the Company shall be subrogated to the extent of such payment to all of the rights of recovery of the Indemnitee, who shall execute all documents required and shall do all acts that may be
necessary or desirable to secure such rights and to enable the Company effectively to bring suit to enforce such rights. 

        11.5    Counterparts.    This Agreement may be executed in one or more
counterparts, which shall together constitute one agreement. 

        11.6    Successors and Assigns.    The terms of this Agreement shall
bind, and shall inure to the benefit of, the successors and assigns of the parties hereto. 

        11.7    Notice.    All notices, requests, demands and other
communications under this Agreement shall be in writing and shall be deemed duly given: (a) if delivered by hand and signed for by the party addressee; or (b) if mailed by certified or
registered mail, with postage prepaid, on the third business day after the mailing date. Addresses for notice to either party are as shown on the signature page of this Agreement or as subsequently
modified by written notice. 

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        11.8    Governing Law.    This Agreement shall be governed exclusively
by and construed according to the laws of the State of Delaware, without giving effect to that body of laws pertaining to conflict of laws. 

        11.9    Consent to Jurisdiction.    The Company and the Indemnitee
each hereby irrevocably consent to the jurisdiction of the courts of the State of Delaware for all purposes in connection with any action or proceeding that arises out of or relates to this Agreement. 

        11.10    Attorneys' Fees.    In the event Indemnitee is required to
bring any action to enforce rights under this Agreement (including, without limitation, the expenses of any Proceeding described in Section 1.3) the Indemnitee shall be entitled to all
reasonable fees and expenses in bringing and pursuing such action, unless a court of competent jurisdiction finds each of the material claims of the Indemnitee in any such action was frivolous and not
made in good faith. 

        11.11    Termination of Previous Agreement.    Upon execution of this
Agreement by the parties, the Company and the Indemnitee acknowledges and agrees that the Indemnification Agreement between the Indemnitee and Alibris, a California corporation, dated as of
                        , (the "California Agreement") is terminated as of
the date of this Agreement and shall have no further force or legal effect, provided
that it being understood by the parties that the Indemnitee will be entitled to all of the benefits and rights accorded such party under the California Agreement with respect to any Claims for any
Indemnification Events arising from or related to events, circumstances and actions or omissions which have occurred or which are alleged to have occurred prior to the date of this Agreement. 

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        IN
WITNESS WHEREOF, the parties hereto have entered into this Indemnity Agreement effective as of the date first written above. 

	COMPANY—ALIBRIS, INC.	 	INDEMNITEE:
	

By:	

 	
 	

 	

 
	 	
	 	

	Name	 	 	 	 
	 	
	 	 	 
	Title:	 	 	 	 
	 	
	 	 	 
	Address	 	 	Address:	 
	 	
	 	 	

	

	
 	

SIGNATURE PAGE TO ALIBRIS, INC. INDEMNITY AGREEMENT  

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Exhibit 10.06    
    

 
 

ALIBRIS, INC.
  2004 EQUITY INCENTIVE PLAN    
    

 
 

ADOPTED BY THE BOARD OF DIRECTORS MARCH 25, 2004
  APPROVED BY THE
STOCKHOLDERS                        , 2004    
    

        1.    PURPOSE.    The purpose of this Plan is
to provide incentives to attract, retain and motivate eligible persons whose present and potential contributions are important to the success of the Company, any Parent and all Subsidiaries, by
offering them an opportunity to participate in the Company's future performance through awards of Options, Restricted Stock, Stock Appreciation Rights, and Stock Units. Capitalized terms not defined
elsewhere in the text are defined in Section 25 hereof. 

        2.    SHARES SUBJECT TO THE PLAN.    

        2.1    Number of Shares Available.    Subject to Sections 2.2 and 19
hereof, the total number of Shares reserved and available for grant and issuance pursuant to this Plan will be 1,189,900 Shares plus: (a) the number of Shares reserved under the Company's 2000
Equity Incentive Plan (the "Prior Plan") that are not subject to outstanding awards under the Prior Plan upon its termination at the Effective Date, and
(b) the number of Shares that are released from, or reacquired by the Company from, awards that on the Effective Date are outstanding under the Prior Plan or under the Company's 1998 Stock
Option Plan. Shares reserved under this Plan that correspond to Shares covered by part (b) of the immediately preceding sentence shall not be available for grant and issuance pursuant to this
Plan except as such Shares cease to be subject to such outstanding awards or are reacquired by the Company. Subject to Sections 2.2, 5.10 and 19 hereof, if Shares: (a) are subject to an Award
that terminates without such Shares being issued, or (b) are issued pursuant to an Award, but are forfeited by the Company at the original issue price; then such Shares will again be available
for grant and issuance under this Plan. At all times the Company will reserve and keep available the number of Shares necessary to satisfy the
requirements of all Awards then outstanding under this Plan. No more than fifty percent (50%) of the Shares reserved under the Plan may be issuable pursuant to an Award at a price per share that is at
a discount from the Fair Market Value on the date of grant of such Award (excluding Awards granted in substitution for other awards as part of an acquisition by the Company). To the extent, and during
the time, required by the Code to qualify designated Options as ISOs, the total number of Shares issued (counting each reissuance of a Share that was previously issued and then forfeited or
repurchased by the Company as a separate issuance) under the Plan upon exercise of Awards shall not exceed 20,000,000 Shares (adjusted in proportion to any adjustments under Section 2.2 hereof)
over the term of the Plan. 

        2.2    Adjustment of Shares.    In the event that the number of
outstanding shares of the Company is changed by a stock dividend, recapitalization, stock split, reverse stock split, subdivision, combination, reclassification, or similar change in the capital
structure of the Company without consideration, or there is a change in the Company's corporate structure (including, without limitation, a spin-off), then (a) the number of Shares
reserved for issuance under this Plan, (b) the number of Shares that may be granted pursuant to Awards (including without limitation, the provisions of Sections 3 and 5.11 below), and
(c) the Exercise Prices and Purchase Prices of, and number of Shares subject to, then outstanding Awards may be proportionately adjusted, subject to any required action by the Board or the
stockholders of the Company and compliance with applicable securities laws; provided, however, that fractions of a Share will not be issued but will either be paid in cash at the Fair Market Value of
such fraction of a Share or will be rounded down to the nearest whole Share, as determined by the Committee. 

        3.    ELIGIBILITY.    ISOs (as defined in
Section 5 hereof) may be granted only to employees (including officers and directors who are also employees) of the Company or of a Parent or Subsidiary. 

All
other types of Award may be granted to any employee, officer, director or consultant of the Company or any Parent or Subsidiary; provided that with respect to any Shares issued or issuable to a
consultant, such consultant is a natural person and the Award to which such Shares are subject is in full or partial compensation for bona fide services rendered by the consultant that are unconnected
with any offer and sale of securities in a capital-raising transaction. On and after the date the Company becomes a "publicly held corporation" (as defined in the regulations promulgated under
Section 162(m) of the Code) no employee will be eligible to receive more than one million Shares in any calendar year under this Plan pursuant to the grant of Awards hereunder, other than new
employees of the Company or of a Parent or Subsidiary (including new employees who are also officers and directors of the Company or any Parent or Subsidiary), who will be eligible to receive up to a
maximum of two million Shares in the calendar year in which they commence their employment. Any Participant may be granted more than one Award under this Plan. 

        4.    ADMINISTRATION.    

        4.1    Authority.    The Committee will administer this Plan. Subject
to the general purposes, terms and conditions of this Plan, and to the direction of the Board, the Committee will have full power to
implement and carry out this Plan except as determined by the Board or the stockholders or as limited by law. The Committee shall have within its authority, by way of example and not limitation,
authority to: 

        (a)   construe
and interpret this Plan, any Award Agreement and any other agreement or document executed pursuant to this Plan; 

        (b)   prescribe,
amend and rescind rules and regulations relating to this Plan; 

        (c)   approve
persons to receive Awards; 

        (d)   determine
the form and terms of Awards; 

        (e)   determine
the number of Shares or other consideration subject to Awards; 

        (f)    determine
whether Awards will be granted singly, in combination with, in tandem with, in replacement of, or as alternatives to, other Awards or awards under any other
incentive or compensation plan of the Company or any Parent or Subsidiary; 

        (g)   grant
waivers of any conditions of this Plan or any Award; 

        (h)   determine
the terms of vesting, exercisability and payment of Awards (including, without limitation, the inclusion of any Performance Factors and a Performance Period in
such terms); 

        (i)    correct
any defect, supply any omission, or reconcile any inconsistency in this Plan, any Award, any Award Agreement or any Exercise Agreement; 

        (j)    determine
whether an Award has been earned (including, without limitation, the satisfaction of any Performance Factors); 

        (k)   delegate
to one or more officers of the Company the authority to grant Awards within parameters established by the Committee, provided each such officer is a member of
the Board and subject to
applicable law (for example, the corporate governance laws of the state of the Company's incorporation); 

        (l)    delegate
authority to grant Awards to a committee comprised solely of two, or more, "outside directors" (as defined in the regulations promulgated under
Section 162(m) of the Code); make all other determinations necessary or advisable for the administration of this Plan; and 

        (m)  extend
the vesting period beyond a Participant's Termination Date. 

        4.2    Committee Discretion.    Any determination made by the
Committee with respect to any Award will be made in its sole discretion, provided such determination does not contravene any other express term of this Plan or direction of the Board, either:
(a) at the time of grant of the Award, or (b) at any later time, subject to Section 5.9 hereof and provided such determination does not contravene any express term of such Award.
Any such determination will be final and binding on the Company and on all persons having an interest in any Award affected by such determination. The Committee may delegate to one or more officers of
the Company the authority to grant an Award under this Plan to Participants who are not Insiders of the Company. 

        5.    OPTIONS.    The Committee will determine
at, or prior to, the date of grant of each Option whether such Option will be an "incentive stock option" within the meaning of Section 422 of the Code
("ISO") or a nonqualified stock option ("NQSO"), the number of Shares subject to the Option, the
Exercise Price of the Option, the period during which the Option may be exercised, and all other terms and conditions of the Option, subject to the following: 

        5.1    Form of Option Grant.    Each Option granted under this Plan
will be evidenced by an Award Agreement, expressly identifying the Option as an ISO or an NQSO ("Stock Option Agreement"), which will: (a) be in
such form and contain such provisions (which need not be the same for each Participant) as the Committee may from time to time approve, and (b) comply with and be subject to the terms and
conditions of this Plan. 

        5.2    Date of Grant.    The date of grant of an Option will be the
date on which the Committee makes the determination to grant such Option, unless the Committee specifies a later date of grant. The Stock Option Agreement and a copy of this Plan must be delivered to
the Participant within a reasonable time after the date of grant of the Option. 

        5.3    Exercise Period.    Options may be exercisable immediately but
subject to repurchase pursuant to Section 13 hereof or may be exercisable within the times or upon the events determined by the Committee as set forth in the Stock Option Agreement governing
such Option. The Committee also may provide for Options to become exercisable at one time or from time to time, periodically or otherwise, in such number of Shares or percentage of Shares as the
Committee determines. 

        (a)   Subject
to the terms of this Plan, each Option will expire no later than the earlier of ten years from its date of grant or the latest date set forth in the Stock Option
Agreement for such Option. 

        (b)   Any
ISO granted to a Ten Percent Stockholder will expire and cease to be exercisable on the date that is the fifth anniversary of the date the ISO is granted. 

        (c)   Any
Option held by a Participant who is Terminated for Cause will expire and cease to be exercisable on the thirtieth day after such Participant's Termination Date
unless determined otherwise by the Committee. 

        5.4    Exercise Price.    The Exercise Price of an Option will be
determined by the Committee when the Option is granted; provided that (a) the Exercise Price of an ISO will not be less than one hundred percent (100%) of the Fair Market Value of the Shares on
the date of grant and (b) the Exercise Price of any ISO granted to a Ten Percent Stockholder will not be less than one hundred ten percent (110%) of the Fair Market Value of the Shares on the
date of grant. Payment for the Shares purchased must be made in accordance with Section 7 hereof. 

        5.5    Method of Exercise.    Options may be exercised only by
delivery to the Company of a written stock option exercise agreement (the "Exercise Agreement") in a form approved by the Committee (which need not be
the same for each Participant). The Exercise Agreement will state (a) the number of Shares being purchased, (b) the restrictions imposed on the Shares purchased under such Exercise
Agreement, if any, and (c) such representations and agreements regarding Participant's investment intent and access to information and other matters, if any, as may be required or desirable by
the Company to comply with applicable securities laws. Participant shall 

execute
and deliver to the Company the Exercise Agreement together with payment in full of the Exercise Price, and any applicable taxes, for the number of Shares being purchased. 

        5.6    Termination.    Subject to earlier termination pursuant to
Sections 19 and 20 hereof and unless a different exercise period is expressly set forth in the Stock Option Agreement, the exercise period of an Option is always subject to Section 5.3 and the
following: 

        (a)   If
the Participant is Terminated for any reason other than death, Disability or for Cause, then the Participant may exercise such Participant's Options only to the
extent that such Options are exercisable as to Vested Shares upon the Termination Date or as otherwise determined by the Committee. Such Options must be exercised by the Participant, if at all, as to
all or some of the Vested Shares calculated as of the Termination Date or such other date determined by the Committee, within three (3) months after the Termination Date (or within such shorter
or longer time period after the Termination Date as may be determined by the Committee, with any exercise occurring three (3) months after the Termination Date deemed to be exercise of an NQSO)
but in any event, no later than the applicable expiration date determined under Section 5.3 above. 

        (b)   If
the Participant is Terminated because of Participant's death or Disability (or the Participant dies within three (3) months after a Termination other than for
Cause), then Participant's Options may be exercised only to the extent that such Options are exercisable as to Vested Shares by Participant on the Termination Date or as otherwise determined by the
Committee. Such options must be exercised by Participant (or Participant's legal representative or authorized assignee), if at all, as to all or some of the Vested Shares calculated as of the
Termination Date or such other date determined by the Committee, within twelve (12) months after the Termination Date (or within such shorter or longer time period after the Termination Date as
may be determined by the Committee) but in any event no later than the applicable expiration date determined under Section 5.3 above. 

        (c)   When
a Participant is Terminated for Cause, such Participant's Options, may be exercised only for Shares that are Vested Shares as of the Termination Date and such
Options shall expire as determined under Section 5.3 above. 

        5.7    Limitations on Exercise.    The Committee may specify a
reasonable minimum number of Shares that must be purchased on any exercise of an Option, provided that such minimum number will not prevent a final exercise of an Option for the number of Shares for
which it is then exercisable. 

        5.8    Limitations on
ISOs.    The aggregate Fair Market Value (determined as of the date of grant) of Shares with respect to which ISOs are
exercisable for the first time by a Participant during any calendar year (under this Plan or under any other incentive stock option plan of the Company or any Parent or Subsidiary) will not exceed One
Hundred Thousand Dollars ($100,000). If the Fair Market Value of Shares on the date of grant with respect to which ISOs are exercisable for the first time by a Participant during any calendar year
exceeds One Hundred Thousand Dollars ($100,000), then the Options for the first One Hundred Thousand Dollars ($100,000) worth of Shares to become exercisable in such calendar year will be ISOs and the
Options for the amount in excess of One Hundred Thousand Dollars ($100,000) that become exercisable in that calendar year will be NQSOs and such distinction shall be documented in separate Stock
Option Agreements per Section 5.1 above. In the event that the Code or the regulations promulgated thereunder are amended after the Effective Date to provide for a different limit on the Fair
Market Value of Shares permitted to be subject to ISOs,
then such different limit will be automatically incorporated herein and will apply to any Options granted after the effective date of such amendment. 

        5.9    Modification, Extension or Renewal.    The Committee may modify
(including, until the third anniversary of the Effective Date, reducing the exercise price), extend or renew outstanding Options and authorize the grant of new Options or any other Awards in
substitution or exchange 

therefor,
provided that any such action may not, without the written consent of a Participant, impair any of such Participant's rights under any Option previously granted. Any outstanding ISO that is
modified, extended, renewed or otherwise altered will be treated in accordance with Section 424(h) of the Code. Subject to Section 5.10 hereof, the Committee may reduce the Exercise
Price of outstanding Options without the consent of Participants by a written notice to them; provided, however, that the Exercise Price may not be reduced below the minimum Exercise Price that would
be permitted under Section 5.4 hereof for Options granted on the date the action is taken to reduce the Exercise Price. 

        5.10    No Disqualification.    Notwithstanding any other provision in
this Plan, no term of this Plan relating to ISOs will be interpreted, amended or altered, nor will any discretion or authority granted under this Plan be exercised, so as to disqualify this Plan under
Section 422 of the Code or, without the consent of the Participant, to disqualify any Participant's ISO under Section 422 of the Code. 

        5.11    Automatic Grants to Outside Directors.    

        (a)   Each
member of the Board who is a member of the Board on the Effective Date, or on first joining the Board after the Effective Date, and who is not then also an
Employee, (an "Outside Director") and who has not received a prior stock option from the Company, shall receive a NQSO to purchase 15,000 Shares
(subject to adjustment under Section 2.2 of the Plan) on the Effective Date or the first business day after the date of first joining the Board, as the case may be. 

        (b)   Each
member of the Board who is an Outside Director on the Effective Date and who has previously received a prior stock option (or stock options) from the Company, shall
receive on the Effective Date a NQSO to purchase a number of Shares (subject to adjustment under Section 2.2 of the Plan) equal to the difference between 15,000 and the aggregate number of
unvested shares then subject to such Company stock option(s). 

        (c)   On
the first business day following the conclusion of each regular annual meeting of the Company's stockholders, commencing with the annual meeting occurring after the
Effective Date, each Outside Director who will continue serving as a member of the Board of Directors thereafter (and has served continuously as a member of the Board for a period of at least twelve
(12) months since all prior option grants pursuant to this Section 5.11) shall receive a NQSO to purchase 3,000 Shares (subject to
adjustment under Section 2.2 of the Plan) and if less than twelve (12) months after the most recent date of grant of an Option pursuant to this Section 5.11, then the number of
shares subject to the NQSO will be pro-rated based on the number of days from the most recent option grant pursuant to this Section 5.11 to such Outside Director to the date of
grant of this NQSO, divided by 365 days. 

        (d)   The
Board may, in the exercise of its discretion, grant a NQSO to any Outside Director as full, or partial, compensation for such Outside Director's service as a member
of any committee of the Board, or as a lead director; provided that the number of Shares subject to any such Option shall not exceed 6,000 shares. 

        (e)   The
Exercise Price of all Options granted under this Section 5.11 shall be equal to 100% of the Fair Market Value of a Share on the date of grant, and payable as
provided in the Company's standard form of stock option agreement. 

        (f)    All
Options granted under this Section 5.11 shall terminate on the earlier of (i) the day before the tenth anniversary of the date of grant of such
Options, (ii) the date three (3) months after the Outside Director holding such Options ceases, for any reason, to be a member of the Board or a consultant of the Company; provided,
however, that exercisability of any such Options for Shares that are not then vested shall terminate immediately, or (iii) in the event of a Corporate Transaction, then as provided in the plan
or agreement approved by the Board for such Corporate Transaction. 

        (g)   Each
Option granted under this Section 5.11 shall vest 12/48th of the total number of Shares subject to such Option on the first anniversary of such
Option's date of grant and then 1/48th of the total number of Shares subject to such Option shall vest monthly over the remainder of the four-year period measured from the
date of grant. Notwithstanding the foregoing, each such Option shall become fully vested if a Corporate Transaction (defined in Section 19.1) occurs with respect to the Company prior to or at
Termination. Each such Option shall be immediately exercisable, subject to the Company's right to repurchase unvested shares upon the Outside Director holding such Option ceasing to be a member of the
Board or a consultant of the Company. 

        6.    RESTRICTED STOCK AWARDS.    A Restricted
Stock Award is an Award made in the form of an offer by the Company to sell Shares that are subject to certain specified restrictions. The Committee will determine all the terms and conditions of the
Restricted Stock Award (such as, the number of Shares, the Purchase Price and the restrictions to which the Shares will be subject) subject to the following: 

        6.1    Restricted Stock Purchase Agreement.    All purchases under a
Restricted Stock Award will be evidenced by an Award Agreement ("Restricted Stock Purchase Agreement") that will be in such form (which need
not be the same for each Participant) as the Committee will from time to time approve, and will comply with and be subject to the terms and conditions of this Plan. The Participant's acceptance of the
Restricted Stock Award is accomplished by the Participant's execution and delivery of the Restricted Stock Purchase Agreement and full payment for the Shares to the Company within thirty
(30) days from the date the Restricted Stock Purchase Agreement is delivered to the person and prior to Termination of the person. If such person does not execute and deliver the Restricted
Stock Purchase Agreement along with full payment (made in accordance with Section 7.1 hereof) for the Shares to the Company within such period of time, then such Restricted Stock Award will
terminate, unless otherwise determined by the Committee. 

        6.2    Purchase Price.    The Purchase Price of Shares sold pursuant
to a Restricted Stock Award will be determined by the Committee. 

        6.3    Restrictions.    Restricted Stock Awards may be subject to the
restrictions set forth in Section 13 hereof or such other restrictions determined by the Committee or required by law. 

        7.    PAYMENT FOR SHARE PURCHASES.    

        7.1    Payment.    Payment for Shares purchased pursuant to this Plan
may be made in cash (including by check) or, where expressly approved for the Participant by the Committee and permitted by law: 

        (a)   by
cancellation of indebtedness of the Company owed to the Participant; 

        (b)   by
surrender of shares that: (i) either (A) have been owned by Participant for more than six (6) months and have been paid for within the meaning of
SEC Rule 144 (and, if such shares were purchased from the Company by use of a promissory note, such note has been fully paid with respect to such shares) or (B) were obtained by
Participant in the public market and (ii) are clear of all liens, claims, encumbrances or security interests; 

        (c)   by
tender of a full recourse promissory note having such terms as may be approved by the Committee and bearing interest at a rate sufficient to avoid
(i) imputation of income under Sections 483 and 1274 of the Code and (ii) variable accounting treatment under Financial Accounting Standards Board Interpretation No. 44 to APB
No. 25; provided, however, that Participants who are not employees or directors of the Company will not be entitled to purchase Shares with a promissory note unless the note is adequately
secured by collateral other than the Shares; 

        (d)   by
waiver of compensation due or accrued to the Participant from the Company for services rendered; 

        (e)   with
respect only to purchases upon exercise of an Option, and provided that a public market for the Company's stock exists: 

	(i)
	through
a "same day sale" commitment from the Participant and a broker-dealer that is a member of the National Association of Securities Dealers (an
"NASD Dealer") whereby the Participant irrevocably elects to exercise the Option and to sell a portion of the Shares so purchased sufficient to pay the
total Exercise Price, and whereby the NASD Dealer irrevocably commits upon receipt of such Shares to forward the total Exercise Price directly to the Company; or

	(ii)
	through
a "margin" commitment from the Participant and an NASD Dealer whereby the Participant irrevocably elects to exercise the Option and to pledge the Shares so
purchased to the NASD Dealer in a margin account as security for a loan from the NASD Dealer in the amount of the total Exercise Price, and whereby the NASD Dealer irrevocably commits upon receipt of
such Shares to forward the total Exercise Price directly to the Company; or 

        (f)    by
any combination of the foregoing. 

        7.2    Loan Guarantees.    The Committee may, in its sole discretion,
elect to assist the Participant in paying for Shares purchased under this Plan by authorizing a guarantee by the Company of a third-party loan to the Participant. 

        8.    STOCK APPRECIATION RIGHTS.    

        8.1    SAR Agreement.    Each grant of a Stock Appreciation Right or
SAR under the Plan shall be evidenced by a SAR Agreement between the Participant and the Company. Such SAR shall be subject to all applicable terms of the Plan and may be subject to any other terms
that are not inconsistent with the Plan. The provisions of the various SAR Agreements entered into under the Plan need not be identical. SARs may be granted in consideration of a reduction in the
Participant's other compensation. 

        8.2    Exercise of SARs.    Upon exercise of a SAR, the Participant
(or any person having the right to exercise the SAR after his or her death) shall receive from the Company: (a) Shares, (b) cash or (c) a combination of Shares and cash, as the
Committee shall determine. The amount of cash and/or the Fair Market Value of Shares received upon exercise of SARs shall, in the aggregate, be equal to the amount by which the Fair Market Value (on
the date of surrender) of the Shares subject to the SARs exceeds the Exercise Price. 

        8.3    Number of SARs.    Each SAR Agreement shall specify the number
of rights to which the SAR pertains and shall provide for the adjustment of such number in accordance with the Plan. 

        8.4    Exercise Price.    Each SAR Agreement shall specify the
Exercise Price. A SAR Agreement may specify an Exercise Price that varies in accordance with a predetermined formula while the SAR is outstanding. 

        8.5    Exercisability and Term.    Each SAR Agreement shall specify
the date when all or any installment of the SAR is to become exercisable. The SAR Agreement shall also specify the term of the SAR. A SAR Agreement may provide for accelerated exercisability in the
event of the Participant's death, Disability or other events and may provide for expiration prior to the end of its term in the event of Termination. SARs may be awarded in combination with Options,
and such an Award may provide that the SARs will not be exercisable unless the related Options are forfeited. A SAR may be included in an ISO only at the time of grant but may be included in an NSO at
the time of grant or thereafter. 

        9.    STOCK UNITS.    

        9.1    Stock Unit Agreement.    Each grant of Stock Units under the
Plan shall be evidenced by a Stock Unit Agreement between the recipient and the Company. Such Stock Units shall be subject to all applicable terms of the Plan and may be subject to any other terms
that are not inconsistent with the Plan. The provisions of the various Stock Unit Agreements entered into under the Plan 

need
not be identical. Stock Units may be granted in consideration of a reduction in the recipient's other compensation. 

        9.2    Payment.    No payment of cash shall be required as
consideration. 

        9.3    Vesting.    Stock Units may or may not be subject to vesting.
Vesting shall occur, in full or in installments, upon satisfaction of the conditions specified in the Stock Unit Agreement. 

        9.4    Rights as a Stockholder.    No voting or dividend rights as a
stockholder shall exist prior to the actual issuance of Shares in the name of the Participant. A Stock Unit Agreement may provide for dividend equivalent units. 

        9.5    Exercisability and Term.    Each Stock Unit Agreement shall
specify its term and any conditions on the time or times for settlement, and provide for expiration prior to the end of its term in the event of Termination, and may provide for earlier settlement in
the event of the Participant's death, Disability or other events. 

        9.6    Settlement.    Settlement of vested Stock Units may be made in
the form of: (a) cash, (b) Shares or (c) as determined by the Committee, and may be settled in a lump sum or in installments. Distribution to a Participant of an amount (or
amounts) from settlement of vested Stock Units can be deferred to a date after settlement as determined by the Committee. The amount of a deferred distribution may be increased by an interest factor
or by dividend equivalents. Until an Award of Stock Units is settled, the number of such Stock Units shall be subject to adjustment pursuant to the Plan. 

        10.    WITHHOLDING TAXES.    

        10.1    Withholding Generally.    Whenever Shares are to be issued in
satisfaction of Awards granted under this Plan, the Company may require the Participant to remit to the Company an amount sufficient to satisfy any foreign, federal, state and local tax withholding
requirements prior to the delivery of any certificate or certificates for such Shares. Whenever, under this Plan, payments in satisfaction of Awards are to be made in cash by the Company, such payment
will be net of an amount sufficient to satisfy any foreign, federal, state, and local tax withholding requirements. 

        10.2    Stock Withholding.    When, under applicable tax laws, a
Participant incurs tax liability in connection with the exercise or vesting of any Award that is subject to tax withholding and the Participant must pay the Company the amount required to be withheld,
the Committee may in its sole discretion allow the Participant to satisfy the minimum tax withholding obligation by electing to have the Company withhold from the Shares to be issued that minimum
number of Shares having a Fair Market Value equal to the minimum amount required to be withheld, determined on the date that the amount of tax to be withheld is to be determined; but in no event will
the Company withhold Shares if such withholding would result in adverse accounting consequences to the Company. Any election by any Participant to have Shares withheld for this purpose must be in
writing on a form made in accordance with the requirements established by the Committee for such election. 

        11.    PRIVILEGES OF STOCK OWNERSHIP.    No Participant will have any
of the rights of a stockholder with respect to any Shares until the date of issuance of Shares to the Participant as recorded in the stockholder records of the Company. After Shares are issued to the
Participant, the Participant will be a stockholder and have all the rights of a stockholder with respect to such Shares, including the right to vote and receive all dividends or other distributions
made or paid with respect to such Shares; provided, that if such Shares are Restricted Stock, then any new, additional or different securities the Participant may become entitled to receive with
respect to such Shares by virtue of a stock dividend, stock split or any other change in the corporate or capital structure of the Company will be subject to the same restrictions as the Restricted
Stock. The Participant will have no right to retain such stock dividends or stock distributions with respect to Unvested Shares that are repurchased pursuant to Section 13 hereof. 

        12.    TRANSFERABILITY.    Except as permitted by the Committee,
Awards granted under this Plan, and any interest therein, will not be transferable or assignable by Participant, other than by will or by the laws of descent and distribution, and, with respect to
NQSOs, by instrument to an inter vivos or testamentary trust in which the Options are to be passed to beneficiaries upon the death of the trustor (settlor), or by gift to "immediate family" as that
term is defined in 17 C.F.R. 240.16a-1(e), and may not be made subject to execution, attachment or similar process. During the lifetime of the Participant an Award will be exercisable only
by the Participant or Participant's legal representative and any elections with respect to an Award may be made only by the Participant or Participant's legal representative. 

        13.    RESTRICTIONS ON SHARES.    At the discretion of the Committee,
the Company may reserve to itself and/or its assignee(s) in the Award Agreement a right to repurchase, at the Participant's Exercise Price or Purchase Price, as the case may be, Unvested Shares held
by a Participant for cash and/or cancellation of purchase money indebtedness owed to the Company by the Participant following such Participant's Termination at any time within the time determined by
the Committee. 

        14.    CERTIFICATES.    All certificates for Shares or other
securities delivered under this Plan will be subject to such stock transfer orders, legends and other restrictions as the Committee may deem necessary or advisable, including restrictions under any
applicable federal, state or foreign securities law, or any rules, regulations and other requirements of the SEC or any stock exchange or automated quotation system upon which the Shares may be listed
or quoted. 

        15.    ESCROW; PLEDGE OF SHARES.    To enforce any restrictions on a
Participant's Shares set forth in Section 13 hereof, the Committee may require the Participant to deposit all certificates representing Shares, together with stock powers or other instruments
of transfer approved by the Committee, appropriately endorsed in blank, with the Company or an agent designated by the Company to hold in escrow until such restrictions have lapsed or terminated. The
Committee may cause a legend or legends referencing such restrictions to be placed on the certificates. Any Participant who is permitted to execute a promissory note as partial or full consideration
for the purchase of Shares under this Plan
will be required to pledge and deposit with the Company all or part of the Shares so purchased as collateral to secure the payment of Participant's obligation to the Company under the promissory note;
provided, however, that the Committee may require or accept other or additional forms of collateral to secure the payment of such obligation and, in any event, the Company will have full recourse
against the Participant under the promissory note notwithstanding any pledge of the Participant's Shares or other collateral. In connection with any pledge of the Shares, Participant will be required
to execute and deliver a written pledge agreement in such form as the Committee will from time to time approve. The Shares purchased with the promissory note may be released from the pledge on a pro
rata basis as the promissory note is paid. 

        16.    EXCHANGE AND BUYOUT OF AWARDS.    The Committee may, at any
time or from time to time, authorize the Company, with the consent of the respective Participants, to issue new Awards in exchange for the surrender and cancellation of any, or all, outstanding
Awards. The Committee may at any time buy from a Participant an Award previously granted with payment in cash, shares of Shares of the Company (including Restricted Stock) or other consideration,
based on such terms and conditions as the Committee and the Participant may agree. 

        17.    SECURITIES LAW AND OTHER REGULATORY COMPLIANCE.    An Award
will not be effective unless such Award is in compliance with all applicable federal and state and (if applicable) foreign securities laws, rules and regulations of any governmental body, and the
requirements of any stock exchange or automated quotation system upon which the Shares may then be listed or quoted, as they are in effect on the date of grant of the Award and also on the date of
exercise or other issuance. Notwithstanding any other provision in this Plan, the Company will have no obligation to issue or deliver certificates for Shares under this Plan prior to
(a) obtaining any approvals from governmental agencies that the Company determines are necessary or advisable, and/or (b) compliance with any exemption, completion of any registration or
other qualification of such Shares under any state or 

federal
law or ruling of any governmental body that the Company determines to be necessary or advisable. The Company will be under no obligation to register the Shares with the SEC or to effect
compliance with the exemption, registration, qualification or listing requirements of any state securities laws, stock exchange or automated quotation system, and the Company will have no liability
for any inability or failure to do so. 

        18.    NO OBLIGATION TO EMPLOY.    Nothing in this Plan or any Award
granted under this Plan will confer or be deemed to confer on any Participant any right to continue as an employee, director or consultant with, the Company or any Parent or Subsidiary or limit in any
way the right of the Company or any Parent or Subsidiary to terminate such service at any time, with or without Cause. 

        19.    CORPORATE TRANSACTIONS.    

        19.1    Assumption or Replacement of Awards by Successor or Acquiring
Company.    If any of the following events (each, a "Corporate Transaction") occur: 

        (a)   a
dissolution or liquidation of the Company, 

        (b)   any
reorganization, consolidation, merger or similar transaction or series of related transactions in which the Company is a constituent corporation or is a party if, as
a result of such Corporate Transaction, the voting securities of the Company that are outstanding immediately prior to the consummation of such Corporate Transaction (other
than any such securities that are held by an "Acquiring Stockholder", as defined below) do not represent, or are not converted into, securities of the surviving corporation of
such Corporate Transaction (or such surviving corporation's parent corporation if the surviving corporation is owned by a parent corporation) that, immediately after the consummation of such Corporate
Transaction, together possess at least fifty percent (50%) of the total voting power of all securities of such surviving corporation (or its parent corporation, if applicable) that are outstanding
immediately after the consummation of such Corporate Transaction, including securities of such surviving corporation (or its parent corporation, if applicable) that are held by the Acquiring
Stockholder, 

        (c)   a
sale of all or substantially all of the assets of the Company, that is followed by the distribution of the proceeds to the Company's stockholders, or 

        (d)   the
acquisition, sale, or transfer of more than 50% of the outstanding shares of the Company by tender offer or similar transaction; 

any
or all outstanding Awards may be assumed, converted or replaced by the successor or acquiring corporation (if any), which assumption, conversion or replacement will be binding on all Participants.
In the alternative, the successor or acquiring corporation may substitute equivalent Awards or provide substantially similar consideration to Participants as was provided to stockholders of the
Company (after taking into account the existing provisions of the Awards). The successor or acquiring corporation may also substitute by issuing, in place of outstanding Shares held by the
Participant, substantially similar securities or other property subject to repurchase restrictions and other provisions no less favorable to the Participant than those which applied to such
outstanding Shares immediately prior to such transaction described in this Section 19.1. Upon the consummation of a Corporate Transaction, an additional twelve and one-half percent
(12.5%) of the then Unvested Shares shall become Vested Shares of each Participant who: (i) has not been Terminated by the Company prior to the consummation of the Corporate Transaction, and
(ii) is Terminated without Cause by the Company, or by the successor entity, within six (6) months after the consummation of the Corporate Transaction. For purposes of this
Section 19.1, an "Acquiring Stockholder" means a stockholder or stockholders of the Company that (a) merges or combines with the Company
in such Corporate Transaction or (b) owns or controls a majority of another corporation that merges or combines with the Corporation in such Corporate Transaction. In the event such successor
or acquiring corporation (if any) refuses to assume, convert, replace or substitute Awards, as provided above, pursuant to a transaction described in this Section 19.1, then 

notwithstanding
any other provision in this Plan to the contrary, such Awards will expire on such transaction at such time and on such conditions as the Board will determine. 

        19.2    Other Treatment of Awards.    Notwithstanding the provisions
of Section19.1, in the event of the occurrence of any transaction described in Section 19.1 hereof, all outstanding Awards will be treated as provided in the applicable agreement or plan of
reorganization, merger, consolidation, dissolution, liquidation or sale of assets. 

        19.3    Assumption of Awards by the Company.    The Company, from time
to time, also may substitute or assume outstanding awards granted by another company, whether in connection with an acquisition of such other company or otherwise, by either (a) granting an
Award under this Plan in substitution of such other company's award or (b) assuming such award as if it had been granted under this Plan if the terms of such assumed award could be applied to
an Award granted under this Plan. Such substitution or assumption will be permissible if the holder of the substituted or assumed award would have been eligible to be granted an Award under this Plan
if the other company had applied the rules of this Plan to such grant. In the event the Company assumes an award granted by another company, the terms and conditions of such award will remain
unchanged (except that the exercise price and the number and nature of shares issuable upon exercise of any such award that is an "incentive stock option" under Section 422 of the Code will be
adjusted pursuant to Section 424(a) of the Code to preserve such status). If the Company elects to grant a new Option rather than assuming an existing option, such new Option may be granted
with a similarly adjusted Exercise Price. 

        20.    ADOPTION AND STOCKHOLDER
APPROVAL.    This Plan takes effect on the Effective Date. To permit the grant of ISOs and to comply with other legal and listing
requirements, this Plan must be
approved by the stockholders of the Company (excluding Shares issued pursuant to this Plan from the determination of whether such approval has been obtained), consistent with applicable laws, within
twelve (12) months before or after the Effective Date. Commencing on the Effective Date, the Board may grant Awards pursuant to this Plan; provided, however, that: (a) no Shares shall be
issued from an Award (or other settlement of an Award made) prior to any required stockholder approval of Shares reserved under this Plan upon which such Award would draw; and (b) any Award
granted under this Plan, covering Shares for which stockholder approval is required, shall be cancelled upon such stockholder approval not being timely obtained. 

        21.    TERM OF PLAN/GOVERNING LAW.    Unless
earlier terminated as provided herein, this Plan will terminate ten (10) years from the Effective Date or, if earlier, the date of stockholder approval. This Plan and all agreements
hereunder shall be governed by and construed in accordance with the laws (excluding the conflict of laws rules) of the State of California. 

        22.    AMENDMENT OR TERMINATION OF PLAN.    Subject to
Section 5.9 hereof, the Board may at any time terminate or amend this Plan in any respect, including without limitation amendment of any form of Award Agreement or instrument to be executed
pursuant to this Plan; provided, however, that the Board will not, without the approval of the stockholders of the Company, amend this Plan in any manner that requires such stockholder approval
pursuant to the Code (including regulations promulgated thereunder relating to ISOs) or the regulations of any stock exchange upon which the common stock of the Company is listed. 

        23.    NONEXCLUSIVITY OF THE PLAN.    Neither
the adoption of this Plan by the Board, the submission of this Plan to the stockholders of the Company for approval, nor any provision of this Plan will be construed as creating any limitations on the
power of the Board to adopt such additional compensation arrangements as it may deem desirable, including, without limitation, the granting of stock options and other equity awards otherwise than
under this Plan, and such arrangements may be either generally applicable or applicable only in specific cases. 

        24.    INSIDER TRADING POLICY.    Each Participant shall comply with
any policy, adopted by the Company from time to time covering transactions in the Company's securities by employees, officers and/or directors of the Company: 

        25.    DEFINITIONS.    As used in this Plan,
the following terms will have the following meanings: 

        "Award" means any award under this Plan, including any Option, Restricted Stock Award, Stock Appreciation Right, or Stock Unit. 

        "Award Agreement" means, with respect to each Award, the signed written agreement between the Company and the Participant setting forth
the terms and conditions of the Award, including the Stock Option Agreement, Restricted Stock Purchase Agreement, SAR Agreement, and Stock Unit Agreement. 

        "Board" means the Board of Directors of the Company. 

        "Cause" means: (a) any willful, material violation by the Participant of any law or regulation applicable to the business of the
Company or a Parent or Subsidiary, the Participant's conviction for, or guilty plea to, a felony or a crime involving moral turpitude, or any willful perpetration by the Participant of a common law
fraud, (b) the Participant's commission of an act of personal dishonesty which involves personal profit in connection with the Company or any other entity having a business relationship with
the Company, (c) any material breach by the Participant of any provision of any agreement or understanding between the Company or any Parent or Subsidiary and the Participant regarding the
terms of the Participant's service as an employee, officer, director or consultant to the Company or a Parent or Subsidiary, including without limitation, the willful and continued failure or refusal
of the Participant to perform the material duties required of such Participant as an employee, officer, director or consultant of the Company or a Parent or Subsidiary, other than as a result of
having a Disability, or a breach of any applicable invention assignment and confidentiality agreement or similar agreement between the Company or a Parent or Subsidiary and the Participant,
(d) Participant's disregard of the policies of the Company or any Parent or Subsidiary so as to cause loss, damage or injury to the property, reputation or employees of the Company or a Parent
or Subsidiary, or (e) any other misconduct by the Participant which is materially injurious to the financial condition or business reputation of, or is otherwise materially injurious to, the
Company or a Parent or Subsidiary. 

        "Code" means the Internal Revenue Code of 1986, as amended. 

        "Committee" means the committee created and appointed by the Board to administer this Plan, or if no committee is created and appointed,
the Board. 

        "Company" means Alibris, Inc., a Delaware corporation, or any successor corporation. 

        "Disability" means a disability, whether temporary or permanent, partial or total, as determined by the Committee. 

        "Effective Date" means the date on which the registration statement filed by the Company with the SEC under the Securities Act registering
the initial public offering of the Company's Shares are declared effective by the SEC. 

        "Exercise Price" means the price at which a holder of an Option may purchase the Shares issuable upon exercise of the Option. 

        "Fair Market Value" means, as of any date, the value of a share of the Company's Shares determined as follows: 

        (a)   if
such Shares are then quoted on the Nasdaq National Market, its closing price on the Nasdaq National Market on the date of determination as reported in  The Wall Street Journal; 

        (b)   if
such Shares are publicly traded and is then listed on a national securities exchange, its closing price on the date of determination on the principal national
securities exchange on which the Shares are listed or admitted to trading as reported in The Wall Street Journal; 

        (c)   if
such Shares are publicly traded but is not quoted on the Nasdaq National Market nor listed or admitted to trading on a national securities exchange, the average of
the closing bid and asked prices on the date of determination as reported by The Wall Street Journal (or, if not so reported, as otherwise reported by
any newspaper or other source as the Board may determine); or 

        (d)   if
none of the foregoing is applicable, by the Committee in good faith. 

        "Insider" means an officer or director of the Company or any other person whose transactions in the Company's Shares are subject to
Section 16 of the Exchange Act. 

        "Option" means an award of an option to purchase Shares pursuant to Section 5 hereof. 

        "Parent" means any corporation (other than the Company) in an unbroken chain of corporations ending with the Company if each of such
corporations other than the Company owns stock representing fifty percent (50%) or more of the total combined voting power of all classes of stock in one of the other corporations in such chain. 

        "Participant" means a person who receives an Award under this Plan. 

        "Performance Factors" means the factors selected by the Committee from among the following measures to determine whether the performance
goals established by the Committee and applicable to Awards have been satisfied: 

        (a)   Net
revenue and/or net revenue growth; 

        (b)   Earnings
before income taxes and amortization and/or earnings before income taxes and amortization growth; 

        (c)   Operating
income and/or operating income growth; 

        (d)   Net
income and/or net income growth; 

        (e)   Earnings
per share and/or earnings per share growth; 

        (f)    Total
stockholder return and/or total stockholder return growth; 

        (g)   Return
on equity; 

        (h)   Operating
cash flow return on income; 

        (i)    Adjusted
operating cash flow return on income; 

        (j)    Economic
value added; and 

        (k)   Individual
confidential business objectives. 

        "Performance Period" means the period of service determined by the Committee, not to exceed five years, during which years of service or
performance is to be measured for Awards. 

        "Plan" means this Alibris, Inc. 2004 Equity Incentive Plan, as amended from time to time. 

        "Purchase Price" means the price at which a Participant may purchase Restricted Stock. 

        "Restricted Stock" means Shares purchased pursuant to a Restricted Stock Award. 

        "Restricted Stock Award" means an Award made pursuant to Section 6 hereof. 

        "SEC" means the Securities and Exchange Commission. 

        "Securities Act" means the Securities Act of 1933, as amended. 

        "Shares" means Shares of the Company's Common Stock reserved for issuance under this Plan, as adjusted pursuant to Sections 2 and 19
hereof, and any successor security. 

        "Subsidiary" means any corporation (other than the Company) in an unbroken chain of corporations beginning with the Company if each of the
corporations other than the last corporation in 

the
unbroken chain owns stock representing fifty percent (50%) or more of the total combined voting power of all classes of stock in one of the other corporations in such chain. 

        "Stock Appreciation Right" or "SAR"means an Award made pursuant to Section 9
hereof. 

        "SAR Agreement" means an Award Agreement setting forth the terms and conditions for a Stock Appreciation Right. 

        "Stock Unit" means an Award made pursuant to Section 10 hereof. 

        "Stock Unit Agreement" means an Award Agreement setting forth the terms and conditions for a Stock Unit. 

        "Ten Percent Stockholder" means any person who directly or by attribution (determined under Section 422 of the Code) owns more than
ten percent (10%) of the total combined voting power of all classes of stock of the Company or of any Parent or Subsidiary. 

        "Termination" or "Terminated" means, for purposes of this Plan with respect to a
Participant, that the Participant has for any reason ceased to provide services as an employee, officer, director or consultant to the Company or a Parent or Subsidiary. A Participant will not be
deemed to have ceased to provide services in the case of (a) sick leave, (b) military leave, or (c) any other leave of absence approved by the Committee, provided that such leave
is for a period of not more than ninety (90) days unless: (i) reinstatement (or, in the case of an employee with an ISO, reemployment) upon the expiration of such leave is guaranteed by
contract or statute, or (ii) provided otherwise pursuant to formal policy adopted from time to time by the Company's Board and issued and promulgated in writing. In the case of any Participant
on (A) sick leave, (B) military leave or (C) an approved leave of absence, the Committee may make such provisions respecting suspension of vesting of the Award while on leave from
the Company or a Parent or Subsidiary as it may deem appropriate, except that in no event may an Option be exercised after the expiration of the term set forth in the Stock Option Agreement. The
Committee will have sole discretion to determine whether a Participant has ceased to provide services and the effective date on which the Participant ceased to provide services (the
"Termination Date"). 

        "Unvested Shares" means "Unvested Shares" as defined in the Award Agreement. 

        "Vested Shares" means "Vested Shares" as defined in the Award Agreement. 

No.                      

 
 

ALIBRIS, INC.
  
  2004 EQUITY INCENTIVE PLAN
  
  STOCK OPTION AGREEMENT    
    

        This Stock Option Agreement (the "Agreement") is made and entered into as of the date of grant set forth below
(the "Date of Grant") by and between Alibris, Inc., a Delaware corporation (the "Company"), and
the participant named below (the "Participant"). Capitalized terms not defined herein shall have the meaning ascribed to them in the Company's 2004
Equity Incentive Plan (the "Plan"). 

	Participant:	 	 
	 	 	

	Social Security Number:	 	 
	 	 	

	Address:	 	 
	 	 	

	

 	
 	

	Total Option Shares:	 	 
	 	 	

	Exercise Price Per Share:	 	 
	 	 	

	Date of Grant:	 	 
	 	 	

	First Vesting Date:	 	 
	 	 	

	Expiration Date:	 	 
	 	 	
(unless earlier terminated under Section 5.6 of the Plan)
	

Classification of Optionee	
 	

o  Exempt Employee

o  Nonexempt Employee
	

Type of Stock Option

(Check one):	
 	

o  Incentive Stock Option

o  Nonqualified Stock Option

        1.    GRANT OF OPTION.    The Company hereby grants to Participant an
option (this "Option") to purchase the total number of shares of Common Stock of the Company set forth above as Total Option Shares (the
"Shares") at the Exercise Price Per Share set forth above (the "Exercise Price"), subject to all of the
terms and conditions of this Agreement and the Plan. If designated as an Incentive Stock Option above, the Option is intended to qualify as an "incentive stock option" (the
"ISO") within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the
"Code"). 

        2.    EXERCISE PERIOD.    

        2.1    Exercise Period of Option.    Provided Participant continues to
provide services to the Company or any Subsidiary or Parent of the Company, the Option will become vested and exercisable as to portions of the Shares as follows: (i) this Option shall not vest
nor be exercisable with respect to any of the Shares until the First Vesting Date set forth on the first page of this Agreement (the "First Vesting
Date"); (ii) on the First Vesting Date the Option will become vested and exercisable as to twenty-five percent (25%) of the Shares; and
(iii) thereafter at the end of each full succeeding month the Option will become vested and exercisable as to 2.08333% of the Shares until the Shares are vested with respect to one hundred
percent (100%) of the Shares. If application of the vesting percentage causes a fractional share, such share shall be rounded down to the nearest whole share for each month except for the last month
in such vesting period, at the end of which last month this Option shall become exercisable for the full remainder of the Shares. 

        2.2    Vesting of Options.    Shares that are vested pursuant to the
schedule set forth in Section 2.1 are "Vested Shares." Shares that are not vested pursuant to the schedule set forth in Section 2.1 are
"Unvested Shares." 

        2.3    Expiration.    The Option shall expire on the Expiration Date
set forth above or earlier as provided in Section 3 below or pursuant to Section 5.6 of the Plan. 

        3.    TERMINATION.    

        3.1    Termination for Any Reason Except Death, Disability or
Cause.    If Participant is Terminated for any reason, except death, Disability or for Cause, the Option, to the extent (and only to the extent) that it would have
been exercisable by Participant on the Termination Date, may be exercised by Participant no later than three (3) months after the Termination Date, but in any event no later than the Expiration
Date. 

        3.2    Termination Because of Death or Disability.    If Participant
is Terminated because of death or Disability of Participant (or Participant dies within three (3) months of Termination when Termination is for any reason other than Participant's Disability or
for Cause), the Option, to the extent that it is exercisable by Participant on the Termination Date, may be exercised by Participant (or Participant's legal representative) no later than twelve
(12) months after the Termination Date, but in any event no later than the Expiration Date. Any exercise beyond (i) three (3) months after the Termination Date when the
Termination is for any reason other than the Participant's death or disability, within the meaning of Section 22(e)(3) of the Code; or (ii) twelve (12) months after the
Termination Date when the termination is for Participant's disability, within the meaning of Section 22(e)(3) of the Code, is deemed to be an NQSO. 

        3.3    Termination for Cause.    If the Participant is terminated for
Cause, the Participant may exercise such Participant's Options, but not to an extent greater than such Options are exercisable as to Vested Shares upon the Termination Date and Participant's Options
shall expire on the thirtieth day after such Participant's Termination Date, or at such later time and on such conditions as are determined by the Committee. 

        3.4    No Obligation to Employ.    Nothing in the Plan or this
Agreement shall confer on Participant any right to continue in the employ of, or other relationship with, the Company or any Parent or Subsidiary of the Company, or limit in any way the right of the
Company or any Parent or Subsidiary of the Company to terminate Participant's employment or other relationship at any time, with or without Cause. 

        4.    MANNER OF EXERCISE.    

        4.1    Stock Option Exercise Agreement.    To exercise this Option,
Participant (or in the case of exercise after Participant's death or incapacity, Participant's executor, administrator, heir or legatee, as the case may be) must deliver to the Company an executed
stock option exercise agreement in the form attached hereto as Exhibit A, or in such other form as may be approved by the Committee from time to
time (the "Exercise Agreement"), which shall set forth, inter alia, (i) Participant's election to
exercise the Option, (ii) the number of Shares being purchased, (iii) any restrictions imposed on the Shares and (iv) any representations, warranties and agreements regarding
Participant's investment intent and access to information as may be required by the Company to comply with applicable securities laws. If someone other than Participant exercises the Option, then such
person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exercise the Option and such person shall be subject to all of the restrictions
contained herein as if such person were the Participant. 

        4.2    Limitations on Exercise.    The Option may not be exercised
unless such exercise is in compliance with all applicable federal and state securities laws, as they are in effect on the date of exercise. The Option may not be exercised as to fewer than one hundred
(100) Shares unless it is exercised as to all Shares as to which the Option is then exercisable. 

        4.3    Payment.    The Exercise Agreement shall be accompanied by full
payment of the Exercise Price for the shares being purchased in cash (including by check) or where permitted by law: 

        (a)   by
cancellation of indebtedness of the Company to the Participant; 

        (b)   by
surrender of shares of the Company's Common Stock that (i) either (A) have been owned by Participant for more than six (6) months and have been
paid for within the meaning of SEC Rule 144 (and, if such shares were purchased from the Company by use of a promissory note, such note has been fully paid with respect to such shares); or
(B) were obtained by Participant in the open public market; and (ii) are clear of all liens, claims, encumbrances or security interests; 

        (c)   by
waiver of compensation due or accrued to Participant for services rendered; 

        (d)   provided
that a public market for the Company's stock exists: (i) through a "same day sale" commitment from Participant and a broker-dealer that is a member of
the National Association of Securities Dealers (an "NASD Dealer") whereby Participant irrevocably elects to exercise the Option and to sell a portion of
the Shares so purchased sufficient to pay for the total Exercise Price and whereby the NASD Dealer irrevocably commits upon receipt of such Shares to forward the total Exercise Price directly to the
Company, or (ii) through a "margin" commitment from Participant and an NASD Dealer whereby Participant irrevocably elects to exercise the Option and to pledge the Shares so purchased to the
NASD Dealer in a margin account as security for a loan from the NASD Dealer in the amount of the total Exercise Price, and whereby the NASD Dealer irrevocably commits upon receipt of such Shares to
forward the total Exercise Price directly to the Company; 

        (e)   any
other form of consideration approved by the Committee; or 

        (f)    by
any combination of the foregoing. 

        4.4    Tax Withholding.    Prior to the issuance of the Shares upon
exercise of the Option, Participant must pay or provide for any applicable federal, state and local withholding obligations of the Company. If the Committee permits, Participant may provide for
payment of withholding taxes upon exercise of the Option by requesting that the Company retain the minimum number of Shares with a Fair Market Value equal to the minimum amount of taxes required to be
withheld; but in no event will the Company withhold Shares if such withholding would result in adverse accounting consequences to the
Company. In such case, the Company shall issue the net number of Shares to the Participant by deducting the Shares retained from the Shares issuable upon exercise. 

        4.5    Issuance of Shares.    Provided that the Exercise Agreement and
payment are in form and substance satisfactory to counsel for the Company, the Company shall issue the Shares registered in the name of Participant, Participant's authorized assignee, or Participant's
legal representative, and shall deliver certificates representing the Shares with the appropriate legends affixed thereto. 

        5.    NOTICE OF DISQUALIFYING DISPOSITION OF ISO SHARES.    If the
Option is an ISO, and if Participant sells or otherwise disposes of any of the Shares acquired pursuant to the ISO on or before the later of (i) the date two (2) years after the Date of
Grant, and (ii) the date one (1) year after transfer of such Shares to Participant upon exercise of the Option, Participant shall immediately notify the Company in writing of such
disqualifying disposition. Participant understands and agrees that a disqualifying disposition may require the Company to withhold applicable taxes on the compensation income recognized by Participant
from the disqualifying disposition by payment from the wages or other compensation then payable to Participant (Participant may be permitted to make a cash payment to the Company in lieu of such
withholding). 

        6.    COMPLIANCE WITH LAWS AND REGULATIONS.    The exercise of the
Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant with all applicable requirements of federal and state securities laws and with all
applicable requirements of any stock exchange on which the Company's Common Stock may be listed at the time of such issuance or transfer. Participant understands that the Company is under no
obligation to register or qualify the Shares with the SEC, any state securities commission or any stock exchange to effect such compliance. 

        7.    NONTRANSFERABILITY OF OPTION.    The Option may not be
transferred in any manner other than by will or by the laws of descent and distribution, and, with respect to NQSOs, by instrument to an inter vivos or testamentary trust in which the options are to
be passed to beneficiaries upon the death of the trustor (settlor), and may be exercised during the lifetime of Participant only by Participant or in the event of Participant's incapacity, by
Participant's legal representative. The terms of the Option shall be binding upon the executors, administrators, successors and assigns of Participant. 

        8.    TAX CONSEQUENCES.    Set forth below is a brief summary as of
the Effective Date of the Plan of some of the federal and California tax consequences of exercise of the Option and disposition of the Shares. THIS SUMMARY IS NECESSARILY INCOMPLETE, AND THE TAX LAWS
AND REGULATIONS ARE SUBJECT TO CHANGE. PARTICIPANT SHOULD CONSULT THE PROSPECTUS AND PARTICIPANT'S PERSONAL TAX ADVISER BEFORE EXERCISING THE OPTION OR DISPOSING OF THE SHARES. 

        8.1    Exercise of ISO.    If the Option qualifies as an ISO, there
will be no regular federal or California income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the
Exercise Price will be treated as a tax preference item for federal alternative minimum tax purposes and may subject the Participant to the alternative minimum tax in the year of exercise. 

        8.2    Exercise of Nonqualified Stock Option.    If the Option does
not qualify as an ISO, there may be a regular federal and California income tax liability upon the exercise of the Option. Participant will be treated as having received compensation income (taxable
at ordinary income tax rates) equal to the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price. If Participant is a current or former employee of the
Company, the Company may be required to withhold from Participant's compensation or collect from Participant and pay to the applicable taxing authorities an amount equal to a percentage of this
compensation income at the time of exercise. 

        8.3    Disposition of Shares.    The following tax consequences may
apply upon disposition of the Shares. 

        (a)   Incentive Stock Options. If the Shares are held for more than twelve (12) months after the date of the transfer of
the Shares pursuant to the exercise of an ISO and are disposed of more than two (2) years after the Date of Grant, any gain realized on disposition of the Shares will be treated as long term
capital gain for federal and California income tax purposes. If Shares purchased under an ISO are disposed of within the applicable one (1) year or two (2) year period, any gain realized
on such disposition will be treated as compensation income (taxable at ordinary income rates) to the extent of the excess, if any, of the Fair Market Value of the Shares on the date of exercise over
the Exercise Price. 

        (b)   Nonqualified Stock Options. If the Shares are held for more than twelve (12) months after the date of the transfer
of the Shares pursuant to the exercise of an NQSO, any gain realized on disposition of the Shares will be treated as long-term capital gain. 

        (c)   Withholding. The Company may be required to withhold from the Participant's compensation or collect from the Participant
and pay to the applicable taxing authorities an amount equal to a percentage of this compensation income. 

        9.    PRIVILEGES OF STOCK OWNERSHIP.    Participant shall not have any
of the rights of a stockholder with respect to any Shares until the Shares are issued to Participant. 

        10.    INTERPRETATION.    Any dispute regarding the interpretation of
this Agreement shall be submitted by Participant or the Company to the Committee for review. The resolution of such a dispute by the Committee shall be final and binding on the Company and
Participant. 

        11.    ENTIRE AGREEMENT.    The Plan is incorporated herein by
reference. This Agreement and the Plan constitute the entire agreement and understanding of the parties with respect to the subject 

matter
of this Agreement, and supersede all prior understandings and agreements, whether oral or written, between or among the parties hereto with respect to the specific subject matter hereof. 

        12.    NOTICES.    Any and all notices required or permitted to be
given to a party pursuant to the provisions of this Agreement will be in writing and will be effective and deemed to provide such party sufficient notice under this Agreement on the earliest of the
following: (i) at the time of personal delivery, if delivery is in person; (ii) one (1) business day after deposit with an express overnight courier for United States deliveries,
or two (2) business days after such deposit for deliveries outside of the United States, with proof of delivery from the courier requested; or (iii) three (3) business days after
deposit in the United States mail by certified mail (return receipt requested) for United States deliveries. All notices for delivery outside the United States will be sent by express courier. All
notices not delivered personally will be sent with postage and/or other charges prepaid and properly addressed to the party to be notified at the address set forth below the signature lines of this
Agreement, or at such other address as such other party may designate by one of the indicated means of notice herein to the other parties hereto. Notices to the Company will be marked "Attention:
Stock Plan Administration". 

        13.    SUCCESSORS AND ASSIGNS.    The Company may assign any of its
rights under this Agreement. No other party to this Agreement may assign, whether voluntarily or by operation of law, any of its rights and obligations under this Agreement, except with the prior
written consent of the Company. This Agreement shall be binding upon and inure to the benefit of the successors and assigns of the Company. Subject to the restrictions on transfer set forth herein,
this Agreement shall be binding upon Participant and Participant's heirs, executors, administrators, legal representatives, successors and assigns. 

        14.    GOVERNING LAW.    This Agreement shall be governed by and
construed in accordance with the laws of the State of California, without giving effect to that body of laws pertaining to conflict of laws. 

        15.    ACCEPTANCE.    Participant hereby acknowledges receipt of a
copy of the Plan and this Agreement. Participant has read and understands the terms and provisions thereof, and accepts the Option subject to all the terms and conditions of the Plan and this
Agreement. Participant acknowledges that there may be adverse tax consequences upon exercise of the Option or disposition of the Shares and that Participant should consult a tax adviser prior to such
exercise or disposition. 

        16.    FURTHER ASSURANCES.    The parties agree to execute such
further documents and instruments and to take such further actions as may be reasonably necessary to carry out the purposes and intent of this Agreement. 

        17.    TITLES AND HEADINGS.    The titles, captions and headings of
this Agreement are included for ease of reference only and will be disregarded in interpreting or construing this Agreement. Unless otherwise specifically stated, all references herein to "sections"
and "exhibits" will mean "sections" and "exhibits" to this Agreement. 

        18.    COUNTERPARTS.    This Agreement may be executed in any number
of counterparts, each of which when so executed and delivered will be deemed an original, and all of which together shall constitute one and the same agreement. 

        19.    SEVERABILITY.    If any provision of this Agreement is
determined by any court or arbitrator of competent jurisdiction to be invalid, illegal or unenforceable in any respect, such provision will be enforced to the maximum extent possible given the intent
of the parties hereto. If such clause or provision cannot be so enforced, such provision shall be stricken from this Agreement and the remainder of this Agreement shall be enforced as if such invalid,
illegal or unenforceable clause or provision had (to the extent not enforceable) never been contained in this Agreement. Notwithstanding the forgoing, if the value of this Agreement based upon the
substantial benefit of the bargain for any party is materially impaired, which determination as made by the presiding court or arbitrator of competent jurisdiction shall be binding, then both parties
agree to substitute such provision(s) through good faith negotiations. 

        IN WITNESS WHEREOF, the Company has caused this Agreement to be executed in triplicate by
its duly authorized representative and Participant has executed this Agreement in triplicate, effective as of the Date of Grant. 

	 
	 	 
	 	 
	 	 

	ALIBRIS, INC.	 	PARTICIPANT
	

By:	
 	

 	
 	

 	
 	

 
	 	 	
	 	
 Signature
	

 (Please print name)	
 	

 (Please print name)
	

 (Please print title)	
 	

 	
 	

 
	

Address:	
 	

 	
 	

Address:	
 	

 
	 	 	
	 	 	 	

	

	
 	

	

	
 	

	Fax No.:	 	 	 	Fax No.:	 	 
	 	 	
	 	 	 	

	

Phone No.:	
 	

 	
 	

Phone No.:	
 	

 
	 	 	
	 	 	 	

Attachment:

Exhibit A—Form
of Stock Option Exercise Agreement 

EXHIBIT A
FORM OF STOCK OPTION EXERCISE AGREEMENT  

No.                      

 
 

ALIBRIS, INC.
  
  2004 EQUITY INCENTIVE PLAN
  
  STOCK OPTION EXERCISE AGREEMENT    
    

        This Stock Option Exercise Agreement (the "Exercise Agreement") is made and entered into as
of                        ,
            (the "Effective Date") by and between Alibris, Inc., a Delaware corporation (the
"Company"), and the purchaser named below (the "Purchaser"). Capitalized terms not defined herein shall
have the meanings ascribed to them in the Company's 2004 Equity Incentive Plan (the "Plan"). 

	Purchaser:	 	 
	 	 	

	

 	
 	

	Social Security Number:	 	 
	 	 	

	Address:	 	 
	 	 	

	

 	
 	

	Total Number of Shares:	 	 
	 	 	

	Exercise Price Per Share:	 	 
	 	 	

	

Type of Stock Option	
 	

 
	

(Check one):	
 	

o  Incentive Stock Option

o  Nonqualified Stock Option

        1.    EXERCISE OF OPTION.    

        1.1    Exercise.    Pursuant to exercise of that certain option (the
"Option") granted to Purchaser under the Plan and subject to the terms and conditions of this Exercise Agreement, Purchaser hereby purchases from the
Company, and the Company hereby sells to Purchaser, the Total Number of Shares set forth above (the "Shares") of the Company's Common Stock, at the
Exercise Price Per Share set forth above (the "Exercise Price"). As used in this Exercise Agreement, the term
"Shares" refers to the Shares purchased under this Exercise Agreement and includes all securities received (i) in replacement of the Shares,
(ii) as a result of stock dividends or stock splits with respect to the Shares, and (iii) all securities received in replacement of the Shares in a merger, recapitalization,
reorganization or similar corporate transaction. 

        1.2    Title to Shares.    The exact spelling of the name(s) under
which Purchaser will take title to the Shares is: 

Purchaser
desires to take title to the Shares as follows: 

	o
	Individual,
as separate property

	o
	Husband
and wife, as community property

	o
	Joint
Tenants

	o
	Other;
please specify:
                                         
                                   

        1.3    Payment.    Purchaser hereby
delivers
payment of the Exercise Price in the manner permitted in the Stock Option Agreement as follows (check and complete as appropriate): 

	o
	in
cash (by check) in the amount of $                        , receipt of which is acknowledged by the Company; 

	o
	by
cancellation of indebtedness of the Company owed to Purchaser in the amount of $                        ;

	o
	by
delivery of                        fully-paid, nonassessable and vested shares of the Common Stock of the Company owned by
Purchaser for at least six (6) months prior to the date hereof which have been paid for within the meaning of SEC Rule 144, (if purchased by use of a promissory note, such note has been
fully paid with respect to such vested shares), or obtained by Purchaser in the open public market, and owned free and clear of all liens, claims, encumbrances or security interests, valued at the
current Fair Market Value of $                        per share; or

	o
	by
the waiver hereby of compensation due or accrued for services rendered in the amount of $                        .

        2.    DELIVERY.    

        2.1    Deliveries by Purchaser.    Purchaser hereby delivers to the
Company (i) this Exercise Agreement and (ii) the Exercise Price and payment or other provision for any applicable tax obligations in the form of a check, a copy of which is attached
hereto as Exhibit 1. 

        2.2    Deliveries by the Company.    Upon its receipt of the Exercise
Price, payment or other provision for any applicable tax obligations and all the documents to be executed and delivered by Purchaser to the Company under Section 2.1, the Company will issue a
duly executed stock certificate evidencing the Shares in the name of Purchaser. 

        3.    REPRESENTATIONS AND WARRANTIES OF PURCHASER.    Purchaser
represents and warrants to the Company that: 

        3.1    Agrees to Terms of the Plan.    Purchaser has received a copy
of the Plan and the Stock Option Agreement, has read and understands the terms of the Plan, the Stock Option Agreement and this Exercise Agreement, and agrees to be bound by their terms and
conditions. Purchaser acknowledges that there may be adverse tax consequences upon exercise of the Option or disposition of the Shares, and that Purchaser should consult a tax adviser prior to such
exercise or disposition. 

        3.2    Access to Information.    Purchaser has had access to all
information regarding the Company and its present and prospective business, assets, liabilities and financial condition that Purchaser reasonably considers important in making the decision to purchase
the Shares, and Purchaser has had ample opportunity to ask questions of the Company's representatives concerning such matters and this investment. 

        3.3    Understanding of Risks.    Purchaser has received and reviewed
the Form S-8 prospectus for the Plan and Shares and is fully aware of: (i) the highly speculative nature of the investment in the Shares; (ii) the financial hazards
involved; (iii) the qualifications and backgrounds of the management of the Company; and (iv) the tax consequences of investment in the Shares. Purchaser is capable of evaluating the
merits and risks of this investment, has the ability to protect Purchaser's own interests in this transaction and is financially capable of bearing a total loss of this investment. 

        4.    COMPLIANCE WITH SECURITIES LAWS.    Purchaser understands and
acknowledges that the exercise of any rights to purchase any Shares is expressly conditioned upon compliance with the Securities Act and all applicable state securities laws. Purchaser agrees to
cooperate with the Company to ensure compliance with such laws. 

        5.    RESTRICTED SECURITIES.    

        5.1    No Transfer Unless Registered or Exempt.    Purchaser
understands that Purchaser may not transfer any Shares except when such Shares are registered under the Securities Act or qualified under applicable state securities laws or unless, in the opinion of
counsel to the Company, exemptions from such registration and qualification requirements are available. Purchaser understands that only the Company may file a registration statement with the
SEC and that the 

Company
is under no obligation to do so with respect to the Shares, and may withdraw any such registration statement at any time after filing. Purchaser has also been advised that exemptions from
registration and qualification may not be available or may not permit Purchaser to transfer all or any of the Shares in the amounts or at the times proposed by Purchaser. 

        5.2    SEC Rule 144.    If Purchaser is an "affiliate" for
purposes of Rule 144 promulgated under the Securities Act, then in addition, Purchaser has been advised that Rule 144 requires that the Shares be held for a minimum of one
(1) year, and in certain cases two (2) years, after they have been purchased and paid for (within the meaning of Rule 144).
Purchaser understands that Rule 144 may indefinitely restrict transfer of the Shares so long as Purchaser remains an "affiliate" of the Company or if "current public information" about the
Company (as defined in Rule 144) is not publicly available. 

        6.    RIGHTS AS A STOCKHOLDER.    Subject to the terms and conditions
of this Exercise Agreement, Purchaser will have all of the rights of a stockholder of the Company with respect to the Shares from and after the date that Shares are issued to Purchaser until such time
as Purchaser disposes of the Shares. 

        7.    RESTRICTIVE LEGENDS AND STOP-TRANSFER ORDERS.    

        7.1    Legends.    Purchaser understands and agrees that the Company
will place any legends that may be required by state or U.S. Federal securities laws, the Company's Certificate of Incorporation or Bylaws, any other agreement between Purchaser and the Company or,
subject to the assent of the Company, any agreement between Purchaser and any third party. 

        7.2    Stop-Transfer Instructions.    Purchaser agrees
that, to ensure compliance with any restrictions imposed by this Exercise Agreement, the Company may issue appropriate "stop-transfer" instructions to its transfer agent, if any, and if
the Company transfers its own securities, it may make appropriate notations to the same effect in its own records. 

        7.3    Refusal to Transfer.    The Company will 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 Agreement 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 have been so transferred. 

        8.    TAX CONSEQUENCES.    PURCHASER UNDERSTANDS AND REPRESENTS:
(i) THAT PURCHASER HAS REVIEWED THE PROSPECTUS PREPARED FOR THE PLAN AND CONSULTED PURCHASER'S PERSONAL TAX ADVISER IN CONNECTION WITH THE PURCHASE OR DISPOSITION OF THE SHARES AND
(ii) THAT PURCHASER IS NOT RELYING ON THE COMPANY FOR ANY TAX ADVICE. SET FORTH BELOW IS A BRIEF SUMMARY AS OF THE DATE THE PLAN WAS ADOPTED BY THE BOARD OF SOME OF THE U.S. FEDERAL AND
CALIFORNIA TAX CONSEQUENCES OF EXERCISE OF THE OPTION AND DISPOSITION OF THE SHARES. THIS SUMMARY IS NECESSARILY INCOMPLETE, AND THE TAX LAWS AND REGULATIONS ARE SUBJECT TO CHANGE. PURCHASER SHOULD
CONSULT THE PROSPECTUS AND PURCHASER'S PERSONAL TAX ADVISER BEFORE EXERCISING THIS OPTION OR DISPOSING OF THE SHARES. 

        8.1    Exercise of Incentive Stock Option.    If the Option qualifies
as an ISO, there will be no regular U.S. Federal income tax liability or California income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value of the
Shares on the date of exercise over the Exercise Price will be treated as a tax preference item for U.S. Federal alternative minimum tax purposes and may subject Purchaser to the alternative minimum
tax in the year of exercise. 

        8.2    Exercise of Nonqualified Stock Option.    If the Option does
not qualify as an ISO, there may be a regular U.S. Federal income tax liability and a California income tax liability upon the exercise of the Option. Purchaser will be treated as having received
compensation income (taxable at ordinary income tax rates) equal to the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price. If Purchaser is or was
an employee of the Company, 

the
Company may be required to withhold from Purchaser's compensation or collect from Purchaser and pay to the applicable taxing authorities an amount equal to a percentage of this compensation income
at the time of exercise. 

        8.3    Disposition of Shares.    The following tax consequences may
apply upon disposition of the Shares. 

        (a)    Incentive Stock Options.    If the Shares are held for more than twelve (12) months after the date of
the transfer of the Shares pursuant to the exercise of an ISO and are disposed of more than two (2) years after the Date of Grant, any gain realized on disposition of the Shares will be treated
as long term capital gain for federal and California income tax purposes. If Shares purchased under an ISO are disposed of within the applicable one (1) year or two (2) year period, any
gain realized on such disposition will be treated as compensation income (taxable at ordinary income rates) to the extent of the excess, if any, of the Fair Market Value of the Shares on the date of
exercise over the Exercise Price. 

        (b)    Nonqualified Stock Options.    If the Shares are held for more than twelve (12) months after the date of
the transfer of the Shares pursuant to the exercise of an NQSO, any gain realized on disposition of the Shares will be treated as long term capital gain. 

        (c)    Withholding.    The Company may be required to withhold from the Purchaser's compensation or collect from the
Purchaser and pay to the applicable taxing authorities an amount equal to a percentage of this compensation income. 

        9.    COMPLIANCE WITH LAWS AND REGULATIONS.    The issuance and
transfer of the Shares will be subject to and conditioned upon compliance by the Company and Purchaser with all applicable state and federal laws and regulations and with all applicable requirements
of any stock exchange or automated quotation system on which the Company's Common Stock may be listed or quoted at the time of such issuance or transfer. 

        10.    SUCCESSORS AND ASSIGNS.    The Company may assign any of its
rights under this Exercise Agreement. No other party to this Exercise Agreement may assign, whether voluntarily or by operation of law, any of its rights and obligations under this Exercise Agreement,
except with the prior written consent of the Company. This Exercise Agreement shall be binding upon and inure to the benefit of the successors and assigns of the Company. Subject to the restrictions
on transfer herein set forth, this Exercise Agreement will be binding upon Purchaser and Purchaser's heirs, executors, administrators, legal representatives, successors and assigns. 

        11.    GOVERNING LAW.    This Exercise Agreement shall be governed by
and construed in accordance with the laws of the State of California, without giving effect to that body of laws pertaining to conflict of laws. 

        12.    NOTICES.    Any and all notices required or permitted to be
given to a party pursuant to the provisions of this Exercise Agreement will be in writing and will be effective and deemed to provide such party sufficient notice under this Exercise Agreement on the
earliest of the following: (i) at the time of personal delivery, if delivery is in person; (ii) one (1) business day after deposit with an express overnight courier for United
States deliveries, or two (2) business days after such deposit for deliveries outside of the United States, with proof of delivery from the courier requested; or (iii) three
(3) business days after deposit in the United States mail by certified mail (return receipt requested) for United States deliveries. All notices for delivery outside the United States will be
sent by express courier. All notices not delivered personally will be sent with postage and/or other charges prepaid and properly addressed to the party to be notified at the address set forth below
the signature lines of this Exercise Agreement, or at such other address as such other party may designate by one of the indicated means of notice herein to the other parties hereto. Notices to the
Company will be marked "Attention: Stock Plan Administration". 

        13.    FURTHER ASSURANCES.    The parties agree to execute such
further documents and instruments and to take such further actions as may be reasonably necessary to carry out the purposes and intent of this Exercise Agreement. 

        14.    TITLES AND HEADINGS.    The titles, captions and headings of
this Exercise Agreement are included for ease of reference only and will be disregarded in interpreting or construing this Exercise Agreement. Unless otherwise specifically stated, all references
herein to "sections" and "exhibits" will mean "sections" and "exhibits" to this Exercise Agreement. 

        15.    ENTIRE AGREEMENT.    The Plan, the Stock Option Agreement and
this Exercise Agreement, together with all Exhibits thereto, constitute the entire agreement and understanding of the parties with respect to the subject matter of this Exercise Agreement, and
supersede all prior understandings and agreements, whether oral or written, between or among the parties hereto with respect to the specific subject matter hereof. 

        16.    COUNTERPARTS.    This Exercise Agreement may be executed in any
number of counterparts, each of which when so executed and delivered will be deemed an original, and all of which together shall constitute one and the same agreement. 

        17.    SEVERABILITY.    If any provision of this Exercise Agreement is
determined by any court or arbitrator of competent jurisdiction to be invalid, illegal or unenforceable in any respect, such provision will be enforced to the maximum extent possible given the intent
of the parties hereto. If such clause or provision cannot be so enforced, such provision shall be stricken from this Exercise Agreement and the remainder of this Exercise Agreement shall be enforced
as if such invalid, illegal or unenforceable clause or provision had (to the extent not enforceable) never been contained in this Exercise
Agreement. Notwithstanding the forgoing, if the value of this Exercise Agreement based upon the substantial benefit of the bargain for any party is materially impaired, which determination as made by
the presiding court or arbitrator of competent jurisdiction shall be binding, then both parties agree to substitute such provision(s) through good faith negotiations. 

[THIS
AREA INTENTIONALLY LEFT BLANK, SIGNATURE PAGE FOLLOWS] 

        IN WITNESS WHEREOF, the Company has caused this Exercise Agreement to be executed in triplicate by its duly authorized representative and
Purchaser has executed this Exercise Agreement in triplicate as of the Effective Date, indicated above. 

	 
	 	 
	 	 
	 	 

	ALIBRIS, INC.	 	PURCHASER
	

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Signature page to Alibris, Inc. Stock Option Exercise Agreement No.  

EXHIBIT  

        Exhibit 1: Copy of Purchaser's Check 

EXHIBIT 1

COPY OF PURCHASER'S CHECK  

QuickLinks

Exhibit 10.06

ALIBRIS, INC. 2004 EQUITY INCENTIVE PLAN

ADOPTED BY THE BOARD OF DIRECTORS MARCH 25, 2004 APPROVED BY THE STOCKHOLDERS , 2004

ALIBRIS, INC. 2004 EQUITY INCENTIVE PLAN STOCK OPTION AGREEMENT

ALIBRIS, INC. 2004 EQUITY INCENTIVE PLAN STOCK OPTION EXERCISE AGREEMENT

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