SABA SOFTWARE, INC.
2000 STOCK INCENTIVE PLAN
NOTICE OF RESTRICTED STOCK UNIT AWARD
You (the “Grantee”) have been granted an award of Restricted Stock Units (the “Award”), subject to the terms and
conditions of this Notice of Restricted Stock Unit Award (the “Notice”), the Saba Software, Inc. 2000 Stock Incentive Plan, as
amended from time to time (the “Plan”) and the Restricted Stock Unit Agreement (the “Agreement”) attached hereto, as follows.
Unless otherwise provided herein, the terms in this Notice shall have the same meaning as those defined in the Plan.
Vesting Schedule :
Grantee’s Name and Address:
Date of Award
Vesting Commencement Date
Total Number of Restricted
Stock Units Awarded (the
Subject to the Grantee’s Continuous Service and other limitations set forth in this Notice, the Agreement and the Plan, the
Units will “vest” in accordance with the following schedule (the “Vesting Schedule”):
[Insert vesting schedule.]
For purposes of this Notice and the Agreement, the term “vest” shall mean, with respect to any Units, that such Units are
no longer subject to forfeiture to the Company. If the Grantee would become vested in a fraction of a Unit, such Unit shall not
vest until the Grantee becomes vested in the entire Unit.
Vesting shall cease upon the date the Grantee terminates Continuous Service for any reason, including death or Disability.
In the event the Grantee terminates Continuous Service for any reason, including death or Disability, any unvested Units held
by the Grantee immediately upon such termination of the Grantee’s Continuous Service shall be forfeited and deemed
reconveyed to the Company and the Company shall thereafter be the legal and beneficial owner of such reconveyed Units and
shall have all rights and interest in or related thereto without further action by the Grantee.
IN WITNESS WHEREOF, the Company and the Gra