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This excerpt taken from the EBAY DEF 14A filed Apr 30, 2007. PARTICIPATION
IN THE 1999 PLAN
The grant of awards under the 1999 Plan to executive officers,
including the executive officers named in the Summary
Compensation Table set forth below is subject to the discretion
of the Board. During 2006, no awards were granted to executive
officers or directors, and awards with respect to
7,881,771 shares were granted to other employees under the
1999 Plan. During this period, options under the 1999 Plan to
purchase an aggregate of 2,396,185 shares were cancelled.
Since the 1999 Plan’s inception, none of our directors has
been granted awards under the 1999 Plan. As of December 31,
2006, the weighted average exercise price of outstanding options
under the 1999 Plan was $33.83. As of the date hereof, there has
been no determination as to future awards under the 1999 Plan.
Accordingly, future benefits or amounts received are not
determinable.
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