BAKBONE SOFTWARE INCORPORATED
STAND-ALONE RESTRICTED STOCK UNIT AWARD
NOTICE OF RESTRICTED STOCK UNIT AWARD
In connection with the commencement of your employment pursuant to an Employment Agreement dated April 22, 2006
(the “Employment Agreement”), you (the “Grantee”) were granted an award of Restricted Stock Units (the “Award”). Grantee
and the Company intended to make the Awards subject to the terms and conditions of this Notice of Restricted Stock Unit
Award (the “Notice”), and the Restricted Stock Unit Agreement (the “Agreement”) attached hereto. The principal terms of the
Award were set forth in the Employment Agreement; however, for purposes of clarity, Grantee and the Company desire to
record their mutual understanding of previously unspecified terms of the Award that are consistent with, and not intended to
amend or revise, their understanding as of the Date of Award. This Notice is issued as of May 18, 2007. Defined terms are
contained in Section 12 of the Agreement.
Subject to the Grantee’s Continuous Service and other limitations set forth in this Notice and the Agreement, the Units will
“vest” in accordance with the following schedule:
Fifty percent (50%) of the Units will vest on the second anniversary of the Vesting Commencement Date, and twenty five
percent (25%) of the Units will vest on each of the third and fourth anniversaries of the Vesting Commencement Date.
In the event of a Change in Control of the Company, the vesting of the Units may accelerate in accordance with Section 3
(a) of the Agreement.
In the event of the Grantee’s change in status from Employee, Director or Consultant to any other status of Employee,
Director or Consultant, the Award shall remain in effect and the Units shall continue to vest in accordance with the Vesting
During any authorized leave of absence, the vesting of the Units as provided in this schedule shall be suspended (to the
extent permitted under Section 409A of the Code) aft