0000950133-05-000822 Sample Contracts

Blackboard Inc. Nonstatutory Stock Option Agreement Granted Under 2004 Stock Incentive Plan
Nonstatutory Stock Option Agreement • March 1st, 2005 • Blackboard Inc • Services-prepackaged software
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RELEASE AGREEMENT
Release Agreement • March 1st, 2005 • Blackboard Inc • Services-prepackaged software • District of Columbia

This Release Agreement (“Agreement”) between Blackboard Inc. (“Blackboard”) and Andrew Harris Rosen (“Rosen”) is made this 7th day of December, 2004.

Blackboard Inc. Incentive Stock Option Agreement Granted Under 2004 Stock Incentive Plan
Incentive Stock Option Agreement • March 1st, 2005 • Blackboard Inc • Services-prepackaged software
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