X0202 4 2004-06-02 0 0001035656 PLUMTREE SOFTWARE INC PLUM 0001264551 ZOCHER ERIC 0 1 0 0 Vice President, Engineering Option to Purchase Common Stock 3.5 2004-06-02 4 A 0 100000 3.5 A 2014-06-02 Common Stock 100000 100000 D Option to Purchase Common Stock (Right to Buy) 3.5 2004-06-02 4 A 0 100000 3.5 A 2014-06-02 Common Stock 100000 100000 D Shares subject to the option shall vest at the rate of 25% on June 2, 2005 and 1/48 of the total number of shares subject to the option each month thereafter. The option becomes fully exercisable on June 2, 2008. However, if, at any time, the daily closing bid price of the Company's common stock on the Nasdaq National Market during any 30 consecutive trading day period exceeds: $10, then 25,000 shares shall vest; $18, then 20,000 shares shall vest; $25, then 20,000 shares shall vest; $35, then 20,000 shares shall vest; and $45, then 15,000 shares shall vest. Kurt Berney, Attorney in Fact 2004-06-04