Exhibit 3 STOCK OPTION AGREEMENT STOCK OPTION AGREEMENT (the "Agreement"), dated as of May 31, 1999, by and between, E*TRADE Group, Inc., a Delaware corporation ("Parent"), and Telebanc Financial Corporation, a Delaware corporation ("Company")....Stock Option Agreement • June 10th, 1999 • E Trade Group Inc • Security brokers, dealers & flotation companies • Delaware
RECITALSStockholder Agreement • June 10th, 1999 • E Trade Group Inc • Security brokers, dealers & flotation companies • Delaware
BY AND AMONGMerger Agreement • June 10th, 1999 • E Trade Group Inc • Security brokers, dealers & flotation companies • Delaware
