0000912057-02-003491 Sample Contracts

PayPal, Inc. Sharesa/ Common Stock ($0.001 par value) Underwriting Agreement
Underwriting Agreement • January 31st, 2002 • Paypal Inc • Telegraph & other message communications • New York

Salomon Smith Barney Inc. Bear, Stearns & Co. Inc. William Blair & Company, L.L.C. SunTrust Capital Markets, Inc. Friedman Billings Ramsey & Co., Inc. As Representatives of the several Underwriters, c/o Salomon Smith Barney Inc. 388 Greenwich Street New York, New York 10013

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