0001299933-04-002087 Sample Contracts

LOAN AND SECURITY AGREEMENT
Loan and Security Agreement • December 3rd, 2004 • Blackboard Inc • Services-prepackaged software • Virginia

THIS TENTH AMENDMENT TO AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT (this “Agreement”) is entered into as of November 30, 2004, by and among SILICON VALLEY BANK, a California chartered bank, doing business in Virginia as “Silicon Valley East” (“Bank”) with its principal place of business at 3003 Tasman Drive, Santa Clara, California 95054 and with a loan production office located at 8020 Towers Crescent Drive, Suite 475, Vienna, Virginia 22182, (ii) BLACKBOARD INC., a Delaware corporation, having an address at 1899 L Street, N.W., Washington, D.C. 20036 (“Company”), BLACKBOARD ACQUISITION COMPANY, LLC, a Delaware limited liability company having an address at 1899 L Street, N.W., Washington, D.C. 20036 (“Blackboard Acquisition”), BLACKBOARD CAMPUSWIDE, INC., a Delaware corporation, BLACKBOARD ICOLLEGE, INC., a Delaware corporation having an address at 1899 L Street, N..W., Washington, D.C. 20036, BLACKBOARD CAMPUSWIDE OF TEXAS, INC., (formerly known as AT&T Campuswide Access Solut

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Incentive Stock Option Agreement Granted Under 2004 Stock Incentive Plan
Incentive Stock Option Agreement • December 3rd, 2004 • Blackboard Inc • Services-prepackaged software
Restricted Stock Agreement Granted Under 2004 Stock Incentive Plan
Restricted Stock Agreement • December 3rd, 2004 • Blackboard Inc • Services-prepackaged software • Delaware

AGREEMENT made this day of , 200[_] (the “Grant Date”), between Blackboard Inc., a Delaware corporation (the “Company”), and [Name] (the “Participant”).

Nonstatutory Stock Option Agreement Granted Under 2004 Stock Incentive Plan
Nonstatutory Stock Option Agreement • December 3rd, 2004 • Blackboard Inc • Services-prepackaged software
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