X0201 4 2004-01-30 0 0001084750 NAVISITE INC NAVI 0001249727 PLUNTZE JIM C/O NAVISITE, INC. 400 MINUTEMAN ROAD ANDOVER MA 01810 0 1 0 0 Chief Financial Officer Stock Option (right to buy) 2.55 2004-01-30 4 A 0 3125 0 A 2004-01-30 2014-01-30 Common Stock 3125 3125 D Mr. Pluntze served as a member of the Board of Directors of the Company from January 27, 2003 through May 5, 2003. During such time, the Company did not have an existing stock option plan pursuant to which Mr. Pluntze was eligible to participate and receive an initial option grant. On December 9, 2003, the stockholders of the Company approved the Company's Amended and Restated 2003 Stock Incentive Plan. On January 30, 2004, the Board of Directors determined to grant to Mr. Pluntze an option to purchase 3,125 shares of Common Stock under such plan at an exercise price of $2.55 per share, consistent with grants made to certain similarly situated directors on December 9, 2003. /s/ Kevin P. Lanouette pursuant to POA 2004-02-03