Document:

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                                                                    EXHIBIT 4.04

                             GREATDOMAINS.COM, INC.

                             1999 STOCK OPTION PLAN

    1.   Purposes of the Plan.  The purposes of this Stock Option Plan are
         --------------------
to attract and retain the best available personnel for positions of substantial
responsibility, to provide additional incentive to Employees, Directors and
Consultants of the Company and its Subsidiaries and to promote the success of
the Company's business. Options granted under the Plan may be Incentive Stock
Options or Non-Qualified Stock Options, as determined by the Administrator at
the time of grant.

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

         a.   "Administrator" means the Board or any of the Committees
               -------------
appointed to administer the Plan.

         b.   "Affiliate" and "Associate" shall have the respective
               ---------       ---------
meanings ascribed to such terms in Rule 12b-2 promulgated underthe Exchange Act.

         c.   "Applicable Laws" means the legal requirements relating to
               ---------------
the administration of stock option plans, if any, under applicable provisions of
federal securities laws, state corporate and securities laws, the Code, the
rules of any applicable stock exchange or national market system, and the rules
of any foreign jurisdiction applicable to Options granted to residents therein.

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

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

         f.   "Committee" means any committee appointed by the Board to
               ---------
administer the Plan.

         g.   "Common Stock" means the common stock of the Company.
               ------------

         h.   "Company" means GreatDomains.com, Inc., a Delaware
               -------
corporation.

         i.   "Consultant" means any person who is engaged by the Company
               ----------
or any Parent or Subsidiary to render consulting or advisory services as an
independent contractor and is compensated for such services,

         j.   "Continuing Directors" means members of the Board who either (i)
               --------------------
have been Board members continuously for a period of at least thirty-six (36)
months or (ii) have been Board members for less than thirty-six (36) months and
were elected or nominated for election as Board members by at least a majority
of the Board members described in clause (i) who were still in office at the
time such election or nomination was approved by the Board.

         k.   "Continuous Status as an Employee, Director or Consultant"
               --------------------------------------------------------
means that the employment, director or consulting relationship with the Company,
any Parent, or Subsidiary, is not interrupted or terminated. Continuous Status
as an Employee, Director or Consultant shall not be considered interrupted in
the case of (i) any leave of absence approved by the Company or (ii) transfers
between locations of the Company or between the Company, its Parent, any
Subsidiary, or any successor. A leave of absence approved by the Company shall
include sick leave, military leave, or any other personal leave approved by an
authorized representative of the
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Company. For purposes of Incentive Stock Options, no such leave may exceed
ninety (90) days, unless reemployment upon expiration of such leave is
guaranteed by statute or contract.

         l.   "Corporate Transaction" means any of the following
               ---------------------
stockholder-approved transactions to which the Company is a party:

              i.     a merger or consolidation in which the Company is not
the surviving entity, except for a transaction the principal purpose of which is
to change the state in which the Company is incorporated;

              ii.    the sale, transfer or other disposition of all or
substantially all of the assets of the Company (including the capital stock of
the Company's subsidiary corporations) in connection with the complete
liquidation or dissolution of the Company; or

              iii.   any reverse merger in which the Company is the
surviving entity but in which securities possessing more than fifty percent
(50%) of the total combined voting power of the Company's outstanding securities
are transferred to a person or persons different from those who held such
securities immediately prior to such merger.

         m.   "Covered Employee" means an Employee who is a "covered
               ----------------
employee" under Section 162(m)(3) of the Code.

         n.   "Director" means a member of the Board.
               --------

         o.   "Employee" means any person, including an Officer or
               --------
Director, who is an employee of the Company or any Parent or Subsidiary of the
Company for purposes of Section 422 of the Code. The payment of a director's fee
by the Company shall not be sufficient to constitute "employment" by the
Company.

         p.   "Exchange Act" means the Securities Exchange Act of 1934, as
               ------------
amended,

         q.   "Fair Market Value" means, as of any date, the value of
               -----------------
Common Stock determined as follows:

              i.    Where there exists a public market for the Common Stock,
the Fair Market Value shall be (A) the closing sales price for a Share for the
last market trading day prior to the time of the determination (or, if no sales
were reported on that date, on the last trading date on which sales were
reported) on the stock exchange determined by the Administrator to be the
primary market for the Common Stock or the Nasdaq National Market, whichever is
applicable or (B) if the Common Stock is not traded on any such exchange or
national market system, the average of the closing bid and asked prices of a
Share on the Nasdaq Small Cap Market for the day prior to the time of the
determination (or, if no such prices were reported on that date, on the last
date on which such prices were reported), in each case, as reported in The Wall
Street Journal or such other source as the Administrator deems reliable; or

              ii.   In the absence of an established market of the type
described in (i) above, for the Common Stock, the Fair Market Value thereof
shall be determined by the Administrator in good faith.

         r.   "Incentive Stock Option" means an Option intended to qualify
               ----------------------
as an incentive stock option within the meaning of Section 422 of the Code

         s.   "Non-Qualified Stock Option" means an Option not intended to
               --------------------------
qualify as an Incentive Stock Option.

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

                                       2
<PAGE>

         u.   "Option" means a stock option granted pursuant to the
               ------
Plan.

         v.   "Option Agreement" means the written agreement evidencing the
               ----------------
grant of an Option executed by the Company and the Optionee, including any
amendments thereto.

         w.   "Optioned Stock" means the Common Stock subject to an Option.
               --------------

         x.   "Optionee" means an Employee, Director or Consultant who receives
               --------
an Option under the Plan.

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

         z.   "Performance - Based Compensation" means compensation qualifying
               --------------------------------
as "performance-based compensation" under Section 162(m) of the Code.

         aa.  "Plan" means this 1999 Stock Option Plan.
               ----

         bb.  "Rule 16b-3" means Rule 16b-3 promulgated under the Exchange Act
               ----------
or any successor thereto.

         cc.  "Share" means a share of the Common Stock.
               -----

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

    3.   Stock Subject to the Plan.
         -------------------------

         a.   Subject to the provisions of Section 10, below, the maximum
aggregate number of Shares which may be optioned and sold under the Plan is
964,283 Shares. The Shares may be authorized, but unissued, or reacquired Common
Stock.

         b.   If an Option expires or becomes unexercisable without having been
exercised in full, or is surrendered pursuant to an Option exchange program,
such unissued or retained Shares shall become available for future grant under
the Plan (unless the Plan has terminated). Shares that actually have been issued
under the Plan shall not be returned to the Plan and shall not become available
for future distribution under the Plan, except that if unvested Shares are
forfeited, or repurchased by the Company at their original purchase price, such
Shares shall become available for future grant under the Plan.

    4.   Administration of the Plan.
         --------------------------

         a.   Plan Administrator.
              ------------------

              i.    Administration with Respect to Directors and Officers. With
                    -----------------------------------------------------
respect to grants of Options to Directors or Employees who are also Officers or
Directors of the Company, the Plan shall be administered by (A) the Board or (B)
a Committee designated by the Board, which Committee shall be constituted in
such a manner as to satisfy the Applicable Laws and to permit such grants and
related transactions under the Plan to be exempt from Section 16(b) of the
Exchange Act in accordance with Rule 16b-3. Once appointed, such Committee shall
continue to serve in its designated capacity until otherwise directed by the
Board.

              ii.   Administration With Respect to Consultants and Other
                    ----------------------------------------------------
Employees. With respect to grants of Options to Employees or Consultants who are
---------
neither Directors nor Officers of the Company, the

                                       3
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Plan shall be administered by (A) the Board or (B) a Committee designated by the
Board, which Committee shall be constituted in such a manner as to satisfy the
Applicable Laws. Once appointed, such Committee shall continue to serve in its
designated capacity until otherwise directed by the Board. The Board may
authorize one or more Officers to grant such Options and may limit such
authority by requiring that such Options must be reported to and ratified by the
Board or a Committee within six (6) months of the grant date, and if so
ratified, shall be effective as of the grant date.

              iii.  Administration With Respect to Covered Employees.
                    ------------------------------------------------
Notwithstanding the foregoing, grants of Options to any Covered Employee
intended to qualify as Performance-Based Compensation shall be made only by a
Committee (or subcommittee of a Committee) which is comprised solely of two or
more Directors eligible to serve on a committee making Options qualifying as
Performance-Based Compensation.  In the case of such Options granted to Covered
Employees, references to the "Administrator" or to a "Committee" shall be deemed
to be references to such Committee or subcommittee.

              iv.   Administration Errors.  In the event an Option is granted in
                    ---------------------
a manner inconsistent with the provisions of this subsection (a), such Option
shall be presumptively valid as of its grant date to the extent permitted by the
Applicable Laws.

         b.   Powers of the Administrator.  Subject to Applicable Laws and the
              ---------------------------
provisions of the Plan (including any other powers given to the Administrator
hereunder), and except as otherwise provided by the Board, the Administrator
shall have the authority, in its discretion:

              i.    to select the Employees, Directors and Consultants to whom
Options may be granted from time to time hereunder;

              ii.   to determine whether and to what extent Options are granted
hereunder,

              iii.  to determine the number of Shares to be covered by each
Option granted hereunder;

              iv.   to approve forms of Option Agreement for use under the Plan;

              v.    to determine the terms and conditions of any Option granted
hereunder;

              vi.   to establish additional terms, conditions, rules or
procedures to accommodate the rules or laws of applicable foreign jurisdictions
and to afford Optionees favorable treatment under such laws; provided, however,
that no Option shall be granted under any such additional terms, conditions,
rules or procedures with terms or conditions which are inconsistent with the
provisions of the Plan;

              vii.  to amend the terms of any outstanding Option granted under
the Plan, including a reduction in the exercise price of any Option to reflect a
reduction in the Fair Market Value of the Common Stock since the grant date of
the Option, provided that any amendment that would adversely affect the
Optionee's rights under an outstanding Option shall not be made without the
Optionee's written consent;

              viii. to construe and interpret the terms of the Plan and Options
granted pursuant to the Plan; and

              ix.   to take such other action, not inconsistent with the terms
of the Plan, as the Administrator deems appropriate.

         c.   Effect of Administrator's Decision.  All decisions,
              ----------------------------------
determinations and interpretations of the Administrator shall be conclusive and
binding on all persons.

                                       4
<PAGE>

    5.   Eligibility. Non-Qualified Stock Options may be granted to Employees,
         -----------
Directors and Consultants. Incentive Stock Options may be granted to Employees.
An Employee, Director or Consultant who has been granted an Option may, if
otherwise eligible, be granted additional Options. Options may be granted to
such Employees of the Company and its subsidiaries who are residing in foreign
jurisdictions as the Administrator may determine from time to time.

    6.   Terms and Conditions of Options.
         -------------------------------

         a.   Designation of Options. Each Option shall be designated as
              ----------------------
either an Incentive Stock Option or a Non-Qualified Stock Option. However,
notwithstanding such designation, to the extent that the aggregate Fair Market
Value of Shares subject to Options designated as Incentive Stock Options which
become exercisable for the first time by an Optionee during any calendar year
(under all plans of the Company or any Parent or Subsidiary) exceeds $100,000,
such excess Options, to the extent of the Shares covered thereby in excess of
the foregoing limitation, shall be treated as Non-Qualified Stock Options. For
this purpose, Incentive Stock Options shall be taken into account in the order
in which they were granted, and the Fair Market Value of the Shares shall be
determined as of the date the Option with respect to such Shares is granted.

         b.   Conditions of Option. Subject to the terms of the Plan, the
              --------------------
Administrator shall determine the provisions, terms, and conditions of each
Option including, but not limited to, the Option vesting Schedule (which in no
case shall be less than 20% per year over five years from the date of grant),
repurchase provisions, rights of first refusal, forfeiture provisions, and
satisfaction of any performance criteria. The performance criteria established
by the Administrator may be based on any one of, or combination of, increase in
share price, earnings per share, total stockholder return, return on equity,
return on assets, return on investment, net operating income, cash flow,
revenue, economic value added, personal management objectives, or other measure
of performance selected by the Administrator. Partial achievement of the
specified criteria may result in vesting corresponding to the degree of
achievement as specified in the Option Agreement.

         c.   Term of Option. The term of each Option shall be the term
              --------------
stated in the Option Agreement, provided, however, that the term of an Incentive
Stock Option shall be no more than ten (10) years from the date of grant
thereof. However, in the case of an Incentive Stock Option granted to an
Optionee who, at the time the Option is granted, owns stock representing more
than ten percent (10%) of the voting power of all classes of stock of the
Company or any Parent or Subsidiary, the term of the Option shall be five (5)
years from the date of grant thereof or such shorter term as may be provided in
the Option Agreement.

         d.   Transferability of Options. Incentive Stock Options may not
              --------------------------
be sold, pledged, assigned, hypothecated, transferred, or disposed of in any
manner other than by will or by the laws of descent or distribution and may be
exercised, during the lifetime of the Optionee, only by the Optionee. Non-
Qualified Stock Options shall be transferable to the extent provided in the
Option Agreement.

         e.   Time of Granting Options. The date of grant of an Option
              ------------------------
shall for all purposes, be the date on which the Administrator makes the
determination to grant such Option, or such other date as is determined by the
Administrator. Notice of the grant determination shall be given to each
Employee, Director or Consultant to whom an Option is so granted within a
reasonable time after the date of such grant.

    7.   Option Exercise Price, Consideration and Taxes.
         ----------------------------------------------

         a.   Exercise Price. The exercise price for an Option shall be as
              --------------
follows:
              i.    In the case of an Incentive Stock Option:

                    (1)      granted to an Employee who, at the time of the
grant of such Incentive Stock Option owns stock representing more than ten
percent (10%) of the voting power of all classes of stock of the Company or any
Parent or Subsidiary, the per Share exercise price shall be not less than one
hundred ten percent (110%) of the Fair Market Value per Share on the date of
grant.

                                       5
<PAGE>

                    (2)      granted to any Employee other than an Employee
described in the preceding paragraph, the per Share exercise price shall be not
less than one hundred percent (100%) of the Fair Market Value per Share on the
date of grant.

              ii.   In the case of Options intended to qualify as
Performance-Based Compensation, the per Share exercise price shall be not less
than one hundred percent (100%) of the Fair Market Value per Share on the date
of grant.

              iii.  In the case of a Non-Qualified Stock Option:

                    (1)      granted to a person who, at the time of the
grant of such Option, owns stock representing more than ten percent (10%) of the
voting power of all classes of stock of the Company or any Parent or Subsidiary,
the per Share exercise price shall be no less than 110% of the Fair Market Value
per Share on the date of the grant.

                    (2)      granted to any person, the per Share exercise
price shall be no less than 85% of the Fair Market Value per Share on the date
of grant.

         b.   Consideration. Subject to Applicable Laws, the consideration
              -------------
to be paid for the Shares to be issued upon exercise of an Option including the
method of payment, shall be determined by the Administrator (and, in the case of
an Incentive Stock Option, shall be determined at the time of grant). In
addition to any other types of consideration the Administrator may determine,
the Administrator is authorized to accept as consideration for Shares issued
under the Plan the following:

              i.    cash;

              ii.   check;

              iii.  delivery of Optionee's promissory note with such
recourse, interest, security, and redemption provisions as the Administrator
determines as appropriate;

              iv.   surrender of Shares (including withholding of Shares
otherwise deliverable upon exercise of the Option) which have a Fair Market
Value on the date of surrender equal to the aggregate exercise price of the
Shares as to which said Option shall be exercised (but only to the extent that
such exercise of the Option would not result in an accounting compensation
charge with respect to the Shares used to pay the exercise price unless
otherwise determined by the Administrator);

              v.    delivery of a properly executed exercise notice
together with such other documentation as the Administrator and the broker, if
applicable, shall require to effect an exercise of the Option and delivery to
the Company of the sale or loan proceeds required to pay the exercise price; or

              vi.   any combination of the foregoing methods of payment.

         c.   Taxes.  No Shares shall be delivered under the Plan to any
              -----
Optionee or other person until such Optionee or other person has made
arrangements acceptable to the Administrator for the satisfaction of any
foreign, federal, state, or local income and employment tax withholding
obligations, including, without limitation, obligations incident to the receipt
of Shares or the disqualifying disposition of Shares received on exercise of an
Incentive Stock Option.  Upon exercise of an Option, the Company shall withhold
or collect from Optionee an amount sufficient to satisfy such tax obligations.

    8.   Exercise of Option.
         ------------------

         a.   Procedure for Exercise: Rights as a Stockholder.
              -----------------------------------------------

                                       6
<PAGE>

              i.    Any Option granted hereunder shall be exercisable at such
times and under such conditions as determined by the Administrator under the
terms of the Plan and specified in the Option Agreement.

              ii.   An Option shall be deemed to be exercised when written
notice of such exercise has been given to the Company in accordance with the
terms of the Option by the person entitled to exercise the Option and full
payment for the Shares with respect to which the Option is exercised has been
received by the Company. Until the issuance (as evidenced by the appropriate
entry on the books of the Company or of a duly authorized transfer agent of the
Company) of the stock certificate evidencing such Shares, no right to vote or
receive dividends or any other rights as a stockholder shall exist with respect
to Optioned Stock, notwithstanding the exercise of an Option. The Company shall
issue (or cause to be issued) such stock certificate promptly upon exercise of
the Option. No adjustment will be made for a dividend or other right for which
the record date is prior to the date the stock certificate is issued, except as
provided in the Option Agreement or Section 10, below.

         b.   Exercise of Option Following Termination of Employment,
              ------------------------------------------------------
Director or Consulting Relationship.
-----------------------------------

              i.    Upon termination of an Optionee's Continuous Status as
an Employee, Director or Consultant, other than upon the Optionee's death or
disability, the Optionee may exercise his or her Option within such period of
time as is specified in the Option Agreement to the extent that the Option is
vested on the date of termination (but in no event later than the expiration of
the term of such Option as set forth in the Option Agreement). In the absence of
a specified time in the Option Agreement, the Option shall remain exercisable
for three (3) months following the Optionee's termination. If, on the date of
termination, the Optionee is not vested as to his or her entire Option, the
Shares covered by the unvested portion of the Option shall revert to the Plan.
If, after termination, the Optionee does not exercise his or her Option within
the time specified by the Administrator, the Option shall terminate, and the
Shares covered by such Option shall revert to the Plan.

              ii.   Disability of Optionee. If an Optionee's Continuous
                    ----------------------
Status as an Employee, Director or Consultant terminates as a result of the
Optionee's disability, the Optionee may exercise the Option to the extent the
Option is vested on the date of termination, but only within twelve (12) months
from the date of such termination (and in no event later than the expiration
date of the term of such Option as set forth in the Option Agreement). If such
disability is not a "disability" as such term is defined in Section 22(e)(3) of
the Code, in the case of an Incentive Stock Option such Incentive Stock Option
shall automatically convert to a Non-Qualified Stock Option on the day three
months and one day following such termination. If, on the date of termination,
the Optionee is not vested as to the entire Option, the Shares covered by the
unvested portion of the Option shall revert to the Plan. If, after termination,
the Option is not exercised within the time specified herein, the Option shall
terminate, and the Shares covered by such Option shall revert to the Plan,

              iii.  Death of Optionee. In the event of the death of an
                    -----------------
Optionee, the Option may be exercised at any time within twelve (12) months
following the date of death (but in no event later than the expiration of the
term of such Option as set forth in the Option Agreement) to the extent vested
on the date of death. If, at the time of death, the Optionee is not vested as to
the entire Option, the Shares covered by the unvested portion of the Option
shall revert to the Plan. The Option may be exercised by the executor or
administrator of the Optionee's estate or, if none, by the person(s) entitled to
exercise the Option under the Optionee's will or the laws of descent or
distribution. If the Option is not so exercised within the time specified
herein, the Option shall terminate, and the Shares covered by such Option shall
revert to the Plan.

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

    9.   Conditions Upon Issuance of Shares.
         ----------------------------------

                                       7
<PAGE>

         a.   Shares shall not be issued pursuant to the exercise of an
Option unless the exercise of such Option and the issuance and delivery of such
Shares pursuant thereto shall comply with all Applicable Laws, and shall be
further subject to the approval of counsel for the Company with respect to such
compliance.

         b.   As a condition to the exercise of an Option, the Company may
require the person exercising such Option to represent and warrant at the time
of any such exercise that the Shares are being purchased only for investment and
without any present intention to sell or distribute such Shares if, in the
opinion of counsel for the Company, such a representation is required by any
Applicable Laws.

    10.  Adjustments Upon Changes in Capitalization. Subject to any required
         ------------------------------------------
action by the stockholders of the Company, the number of Shares covered by each
outstanding Option, and the number of Shares which have been authorized for
issuance under the Plan but as to which no Options have yet been granted or
which have been returned to the Plan, as well as the price per share of Common
Stock covered by each such outstanding Option, shall be proportionately adjusted
for any increase or decrease in the number of issued shares of Common Stock
resulting from a stock split, reverse stock split, stock dividend, combination
or reclassification of the Common Stock, or any other similar event resulting in
an increase or decrease in the number of issued shares of Common Stock. Except
as expressly provided herein, no issuance by the Company of shares of stock of
any class, or securities convertible into shares of stock of any class, shall
affect, and no adjustment by reason hereof shall be made with respect to, the
number or price of Shares subject to an Option.

    11.  Corporate Transactions.
         ----------------------

         a.   In the event of any Corporate Transaction, each Option which
is at the time outstanding under the Plan automatically shall become fully
vested and exercisable and be released from any restrictions on transfer and
repurchase or forfeiture rights, immediately prior to the specified effective
date of such Corporate Transaction, for all of the Shares at the time
represented by such Option. However, an outstanding Option under the Plan shall
not so fully vest and be exercisable and released from such limitations if and
to the extent: (i) such Option is, in connection with the Corporate Transaction,
either to be assumed by the successor corporation or Parent thereof or to be
replaced with a comparable Option with respect to shares of the capital stock of
the successor corporation or Parent thereof, or (ii) such Option is to be
replaced with a cash incentive program of the successor corporation which
preserves the compensation element of such Option existing at the time of the
Corporate Transaction and provides for subsequent payout in accordance with the
same vesting schedule applicable to such Option. The determination of Option
comparability under clause (i) above shall be made by the Administrator, and its
determination shall be final, binding and conclusive.

         b.   Effective upon the consummation of the Corporate Transaction,
all outstanding Options under the Plan shall terminate and cease to remain
outstanding, except to the extent assumed by the successor company or its
Parent.

         c.   The portion of any Incentive Stock Option accelerated under
this Section 11 in connection with a Corporate Transaction shall remain
exercisable as an Incentive Stock Option under the Code only to the extent the
$100,000 dollar limitation of Section 422(d) of the Code is not exceeded. To the
extent such dollar limitation is exceeded, the accelerated excess portion of
such Option shall be exercisable as a Non-Qualified Stock Option.

    12.  Term of Plan.  The Plan shall become effective upon the earlier to
         ------------
occur of its adoption by the Board or its approval by the stockholders of the
Company. It shall continue in effect for a term of ten (10) years unless sooner
terminated.

    13.  Amendment, Suspension or Termination of the Plan.
         ------------------------------------------------

         a.   The Board may at any time amend, suspend or terminate the
Plan. To the extent necessary to comply with Applicable Laws, the Company shall
obtain stockholder approval of any Plan amendment in such a manner and to such a
degree as required.

                                       8
<PAGE>

         b.   No Option may be granted during any suspension of the Plan or
after termination of the Plan.

         c.   Any amendment, suspension or termination of the Plan shall
not affect Options already granted, and such Options shall remain in full force
and effect as if the Plan had not been amended, suspended or terminated, unless
mutually agreed otherwise between the Optionee and the Administrator, which
agreement must be in writing and signed by the Optionee and the Company.

    14.  Reservation of Shares.
         ---------------------

         a.   The Company, during the term of the Plan, will at all times
reserve and keep available such number of Shares as shall be sufficient to
satisfy the requirements of the Plan.

         b.   The inability of the Company to obtain authority from any
regulatory body having jurisdiction, which authority is deemed by the Company's
counsel to be necessary to the lawful issuance and sale of any Shares hereunder,
shall relieve the Company of any liability in respect of the failure to issue or
sell such Shares as to which such requisite authority shall not have been
obtained.

    15.  No Effect on Terms of Employment. The Plan shall not confer upon
         --------------------------------
any Optionee any right with respect to continuation of employment or consulting
relationship with the Company, nor shall it interfere in any way with his or her
right or the Company's right to terminate his or her employment or consulting
relationship at any time, with or without cause.

    16.  Stockholder Approval.  The grant of Incentive Stock Options under
         --------------------
the Plan shall be subject to approval by the stockholders of the Company within
twelve (12) months before or after the date the Plan is adopted. Such
stockholder approval shall be obtained in the degree and manner required under
Applicable Laws. The Administrator may grant Incentive Stock Options under the
Plan prior to approval by the stockholders, but until such approval is obtained,
no such Incentive Stock Option shall be exercisable. In the event that
stockholder approval is not obtained within the twelve (12) month period
provided above, all Incentive Stock Options previously granted under the Plan
shall terminate.

    17.  Information to Optionees and Purchasers. The Company shall provide
         ---------------------------------------
to each Optionee, not less frequently than annually, copies of annual financial
statements. The Company shall also provide such statements to each individual
who acquires Shares pursuant to the Plan while such individual owns such Shares.
The Company shall not be required to provide such statements to Employees,
Directors or Consultants whose duties in connection with the Company assure
their access to equivalent information.

                                       9<PAGE>
                                                                    EXHIBIT 4.05
                               AMENDMENT NO.  1

                                      TO

                            GREATDOMAINS.COM, INC.
                            ----------------------

                            1999 STOCK OPTION PLAN
                            ----------------------

           Section 3a. of the GreatDomains.com, Inc. 1999 Stock Option Plan (the
"Plan") was amended as of the date hereof to read as follows :

          "a. Subject to the provisions of Section 10, below, the maximum
     aggregate number of Shares which may be optioned under the Plan is
     5,596,190 Shares. The Shares may be authorized, but unissued, or reacquired
     Common Stock."

     Section 7a.i.(2) of the Plan was amended as of the date hereof to read as
follows:

          "(2) granted to any Employee other than an Employee described in the
     preceding paragraph, the per Share exercise price shall be not less than
     one hundred percent (100%) of the Fair Market Value per Share on the date
     of grant, which Fair Market Value per Share shall in no event be less than
     $5.24 from and after February 23, 2000, subject to proportional adjustments
     for any increase or decrease in the number of issued shares of Common Stock
     resulting from a stock split, reverse stock split and any other similar
     event resulting in an increase or decrease in the number of issued shares
     of Common Stock."

     Section 11 of the Plan was amended as of the date hereof to read as
follows:

             "11.  Corporate Transactions
                   ----------------------

                   a. Unless otherwise approved by the Administrator, in the
     event of any Corporate Transaction, each Option which is at the time
     outstanding under the Plan automatically shall become vested by an
     additional six (6) months immediately prior to the effective date of the
     Corporate Transaction and, if within 30 days after a Corporate Transaction,
     an Employee is terminated, required to relocate to an area which is thirty
     miles, or more, from the Company location at which such Employee was
     working immediately prior to the Corporate Transaction, offered a lower
     salary or not offered continued vesting of a comparable option grant by the
     acquiring entity, then the vesting of such Employee's Options shall
     automatically accelerate by an additional twelve (12) months. The
     determination of Option comparability under this Subsection a. shall be
     made by the Administrator, and its determination shall be final, binding
     and conclusive.

             b. The portion of any Incentive Stock Option accelerated under this
     Section 11 in connection with a Corporate Transaction shall remain
     exercisable as an Incentive Stock Option under the Code only to the extent
     the $100,000 dollar limitation of Section 422(D) of the Code is not
     exceeded. To the extent such dollar limitation is exceeded, the accelerated
     excess portion of such Option shall be exercisable as a Non-Qualified Stock
     Option."

             The foregoing amendment to the Plan was duly adopted by the Board
of Directors of GreatDomains.com, Inc. pursuant to an Action by Unanimous
Written Consent of Board of Directors, dated March 28, 2000.

             The foregoing amendment to the Plan was also duly adopted by the
shareholders of GreatDomains.com, Inc. pursuant to an Action by Written Consent
of Majority Shareholders, dated March 28, 2000.

Dated: April 7, 2000

GREATDOMAINS.COM, INC.

By: ____________________
Steven Newman, President

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