ABOUT COM INC
S-8, 1999-11-23
COMPUTER INTEGRATED SYSTEMS DESIGN
Previous: ADVANTUS REAL ESTATE SECURITIES FUND INC, 485BPOS, 1999-11-23
Next: NCRIC GROUP INC, DEF 14A, 1999-11-23



<PAGE>

       As filed with the Securities and Exchange Commission on November 23, 1999
                                               Registration No. 333-____________

================================================================================

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   ----------

                                    FORM S-8
                             REGISTRATION STATEMENT
                                      UNDER
                           THE SECURITIES ACT OF 1933


                                 ABOUT.COM, INC.
             (Exact name of registrant as specified in its charter)

                  DELAWARE                         13-4034015
        (State or other jurisdiction     (IRS Employer Identification No.)
     of incorporation or organization)

                         220 E. 42ND STREET, 24TH FLOOR
                            NEW YORK, NEW YORK 10017
               (Address of principal executive offices) (Zip Code)

                                   ----------

                1999 NON-OFFICER STOCK OPTION/STOCK ISSUANCE PLAN
                            (Full title of the Plan)

                                   ----------

                               MR. SCOTT P. KURNIT
                 CHAIRMAN, PRESIDENT AND CHIEF EXECUTIVE OFFICER
                                 ABOUT.COM, INC.
                         220 E. 42ND STREET, 24TH FLOOR
                            NEW YORK, NEW YORK 10017
                     (Name and address of agent for service)

                                 (212) 849-2000
          (Telephone number, including area code, of agent for service)

                                   ----------

                         CALCULATION OF REGISTRATION FEE

<TABLE>
<CAPTION>
==================================== ======================= ======================== ======================== =====================
                                                                Proposed Maximum             Proposed
       Title of Securities               Amount to be         Offering Price per        Maximum Aggregate           Amount of
         to be Registered                Registered(1)              Share(2)             Offering Price(2)        Registration Fee
- ------------------------------------ ----------------------- ------------------------ ------------------------ ---------------------
<S>                                      <C>                  <C>                       <C>                       <C>
1999 Non-Officer Stock
Option/Stock Issuance Plan
Common Stock, $0.001 par value           400,000 shares              $52.375                $20,950,000               $5,824.10
==================================== ======================= ======================== ======================== =====================
</TABLE>


(1)   This Registration Statement shall also cover any additional shares of
      Common Stock which become issuable under the 1999 Non-Officer Stock
      Option/Stock Issuance Plan by reason of any stock dividend, stock split,
      recapitalization or other similar transaction effected without the
      Registrant's receipt of consideration which results in an increase in the
      number of the outstanding shares of Registrant's Common Stock.

(2)   Calculated solely for purposes of this offering under Rule 457(h) of the
      Securities Act of 1933, as amended, on the basis of the average of the
      high and low selling prices per share of Registrant's Common Stock on
      November 16, 1999, as reported by the Nasdaq National Market.

<PAGE>

                                     PART II

               INFORMATION REQUIRED IN THE REGISTRATION STATEMENT


Item 3.  INCORPORATION OF DOCUMENTS BY REFERENCE

         About.com, Inc. (the "Registrant") hereby incorporates by reference
into this Registration Statement the following documents previously filed with
the Securities and Exchange Commission (the "SEC"):

     (a)  The Registrant's Quarterly Reports on Form 10-Q for the fiscal
          quarters ended March 31, 1999, June 30, 1999  and September 30,
          1999 filed with the Commission on May 14, 1999, August 16, 1999
          and November 15, 1999, respectively,

     (b)  The Registrant's prospectus filed with the SEC pursuant to Rule 424(b)
          promulgated under the Securities Act of 1933, as amended (the "1933
          Act") filed with the SEC on March 26, 1999, in connection with the
          Registrant's Registration Statement No. 333-69881, and the
          Registrant's prospectus filed with the SEC pursuant to Rule 424(b)
          promulgated under the 1933 Act filed with the SEC on October 29,
          1999, in connection with the Registrant's Registration Statement
          No. 333-88507, and

     (c)  The Registrant's Registration Statement No. 000-25525 on Form 8-A
          filed with the SEC on March 10, 1999, in which there is described the
          terms, rights and provisions applicable to the Registrant's
          outstanding Common Stock.

         All reports and definitive proxy or information statements filed
pursuant to Section 13(a), 13(c), 14 or 15(d) of the Securities Exchange Act of
1934, as amended (the "1934 Act") after the date of this Registration Statement
and prior to the filing of a post-effective amendment which indicates that all
securities offered hereby have been sold or which de-registers all securities
then remaining unsold shall be deemed to be incorporated by reference into this
Registration Statement and to be a part hereof from the date of filing of such
documents. Any statement contained in a document incorporated or deemed to be
incorporated by reference herein shall be deemed to be modified or superseded
for purposes of this Registration Statement to the extent that a statement
contained herein or in any subsequently filed document which also is deemed to
be incorporated by reference herein modifies or supersedes such statement. Any
such statement so modified or superseded shall not be deemed, except as so
modified or superseded, to constitute a part of this Registration Statement.

Item 4.  DESCRIPTION OF SECURITIES

         Not Applicable.

Item 5.  INTERESTS OF NAMED EXPERTS AND COUNSEL

         Not Applicable.

Item 6.  INDEMNIFICATION OF DIRECTORS AND OFFICERS

         Section 145 of the Delaware General Corporation Law authorizes a court
to award or a corporation's Board of Directors to grant indemnification to
directors and officers in terms sufficiently broad to permit such
indemnification under certain circumstances for liabilities (including
reimbursement for expenses incurred) arising under the 1933 Act. Article VIII of
the Registrant's Amended and Restated Bylaws provides for mandatory
indemnification of its directors and officers and permissible indemnification of
employees and other agents to the maximum extent permitted by the Delaware
General Corporation Law. The Registrant's Second Amended and Restated
Certificate of Incorporation provides that, subject to Delaware law, its
directors shall not be personally liable for monetary damages for breach of the
directors' fiduciary duty as directors to the Registrant and its stockholders.
This provision in the Second Amended and Restated Certificate of Incorporation
does not eliminate the directors' fiduciary duty, and in appropriate
circumstances equitable remedies such as injunctive or other forms of
non-monetary relief will remain available under Delaware law. In addition, each
director will continue to be subject to liability for breach of the director's
duty of loyalty to the Registrant or its stockholders for



                                      II-1
<PAGE>

acts or omissions not in good faith or involving intentional misconduct, for
knowing violations of law, for actions leading to improper personal benefit to
the director, and for payment of dividends or approval of stock repurchases or
redemptions that are unlawful under Delaware law. The provision also does not
affect a director's responsibilities under any other law, such as the federal
securities laws or state or federal environmental laws. The Registrant intends
to enter into indemnification agreements with its officers and directors, which
will provide the Registrant's officers and directors with further
indemnification to the maximum extent permitted by the Delaware General
Corporation Law. The Registrant maintains directors' and officers' liability
insurance policies insuring the Registrant's directors and officers against
certain liabilities and expenses incurred by them in their capacities as such,
and insuring the Registrant under certain circumstances, in the event that
indemnification payments are made by the Registrant to such directors and
officers.

Item 7.  EXEMPTION FROM REGISTRATION CLAIMED

         Not Applicable.

Item 8.  EXHIBITS

  EXHIBIT NUMBER     EXHIBIT

         4     Instruments Defining the Rights of Stockholders. Reference is
               made to Registrant's Registration Statement No. 000-25525 on Form
               8-A, together with any exhibits thereto, which are incorporated
               herein by reference pursuant to Item 3(c) to this Registration
               Statement.
        5      Opinion and consent of Brobeck, Phleger & Harrison LLP.
       23.1    Consent of KPMG LLP, Independent Auditors.
       23.2    Consent of Brobeck, Phleger & Harrison LLP is contained in
               Exhibit 5.
       24      Power of Attorney.  Reference is made to page II-4 of this
               Registration Statement.
       99.1    1999 Non-Officer Stock Option/Stock Issuance Plan.
       99.2    Form of Notice of Grant of Stock Option.
       99.3    Form of Stock Option Agreement.
       99.4    Form of  Addendum  to Stock  Option  Agreement  (Involuntary
               Termination  Following  Corporate
               Transaction/Change in Control).
       99.5    Form of Stock Issuance Agreement.
       99.6    Form of Addendum to Stock  Issuance  Agreement  (Involuntary
               Termination  Following  Corporate
               Transaction/Change in Control).


Item 9.  UNDERTAKINGS

         A. The undersigned Registrant hereby undertakes: (1) to file, during
any period in which offers or sales are being made, a post-effective amendment
to this Registration Statement: (i) to include any prospectus required by
Section 10(a)(3) of the 1933 Act, (ii) to reflect in the prospectus any facts or
events arising after the effective date of this Registration Statement (or the
most recent post-effective amendment thereof) which, individually or in the
aggregate, represent a fundamental change in the information set forth in this
Registration Statement and (iii) to include any material information with
respect to the plan of distribution not previously disclosed in this
Registration Statement or any material change to such information in this
Registration Statement; provided, however, that clauses (1)(i) and (1)(ii) shall
not apply if the information required to be included in a post-effective
amendment by those clauses is contained in periodic reports filed by the
Registrant pursuant to Section 13 or Section 15(d) of the 1934 Act that are
incorporated by reference into this Registration Statement; (2) that for the
purpose of determining any liability under the 1933 Act each such post-effective
amendment shall be deemed to be a new registration statement relating to the
securities offered therein and the offering of such securities at that time
shall be deemed to be the initial bona fide offering thereof; and (3) to remove
from registration by means of a post-effective amendment any of the securities
being registered which remain unsold at the termination of the Registrant's 1999
Non-Officer Stock Option/Stock Issuance Plan.

                                      II-2
<PAGE>

         B. The undersigned Registrant hereby undertakes that, for purposes of
determining any liability under the 1933 Act, each filing of the Registrant's
annual report pursuant to Section 13(a) or Section 15(d) of the 1934 Act that is
incorporated by reference into this Registration Statement shall be deemed to be
a new registration statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial bona
fide offering thereof.

         C. Insofar as indemnification for liabilities arising under the 1933
Act may be permitted to directors, officers or controlling persons of the
Registrant pursuant to the indemnification provisions summarized in Item 6 or
otherwise, the Registrant has been advised that, in the opinion of the SEC, such
indemnification is against public policy as expressed in the 1933 Act and is,
therefore, unenforceable. In the event that a claim for indemnification against
such liabilities (other than the payment by the Registrant of expenses incurred
or paid by a director, officer, or controlling person of the Registrant in the
successful defense of any action, suit or proceeding) is asserted by such
director, officer or controlling person in connection with the securities being
registered, the Registrant will, unless in the opinion of its counsel the matter
has been settled by controlling precedent, submit to a court of appropriate
jurisdiction the question whether such indemnification by it is against public
policy as expressed in the 1933 Act and will be governed by the final
adjudication of such issue.




                                      II-3
<PAGE>

                                   SIGNATURES

         Pursuant to the requirements of the Securities Act of 1933, as amended,
the Registrant certifies that it has reasonable grounds to believe that it meets
all of the requirements for filing on Form S-8, and has duly caused this
Registration Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of New York, State of New York on this 23 day of
November, 1999.

                         ABOUT.COM, INC.


                          By: /s/ Scott P. Kurnit
                             -----------------------------
                              Scott P. Kurnit
                              Chairman, President and Chief Executive Officer

                                POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS:

         That the undersigned officers and directors of About.com, Inc., a
Delaware corporation, do hereby constitute and appoint Scott P, Kurnit,
Chairman, President and Chief Executive Officer and Todd B. Sloan, Chief
Financial Officer and each of them, the lawful attorneys-in-fact and agents with
full power and authority to do any and all acts and things and to execute any
and all instruments which said attorneys and agents, and any one of them,
determine may be necessary or advisable or required to enable said corporation
to comply with the Securities Act of 1933, as amended, and any rules or
regulations or requirements of the Securities and Exchange Commission in
connection with this Registration Statement. Without limiting the generality of
the foregoing power and authority, the powers granted include the power and
authority to sign the names of the undersigned officers and directors in the
capacities indicated below to this Registration Statement, to any and all
amendments, both pre-effective and post-effective, and supplements to this
Registration Statement, and to any and all instruments or documents filed as
part of or in conjunction with this Registration Statement or amendments or
supplements thereof, and each of the undersigned hereby ratifies and confirms
that all said attorneys and agents, or any one of them, shall do or cause to be
done by virtue hereof. This Power of Attorney may be signed in several
counterparts.

         IN WITNESS WHEREOF, each of the undersigned has executed this Power of
Attorney as of the date indicated.

         Pursuant to the requirements of the Securities Act of 1933, as amended,
this Registration Statement has been signed below by the following persons in
the capacities and on the dates indicated.

<TABLE>
<CAPTION>

  SIGNATURE                                   TITLE                                     DATE
  ---------                                   -----                                     ----

<S>                             <C>                                                   <C>


/s/ Scott P. Kurnit             President, Chief Executive Officer
- -----------------------------   (Principal Executive Officer) and
Scott P. Kurnit                 Chairman of the Board of Directors                   November 23, 1999


/s/ Todd B. Sloan
- -----------------------------   Chief Financial Officer
Todd B. Sloan                   (Principal Financial Officer)                        November 23, 1999


/s/ Frank J. Biondi, Jr.
- -----------------------------
Frank J. Biondi, Jr.            Director                                             November 23, 1999

</TABLE>


                                      II-4
<PAGE>

<TABLE>
<CAPTION>

  SIGNATURE                                   TITLE                                     DATE
  ---------                                   -----                                     ----

<S>                             <C>                                                   <C>

/s/ Dixon R. Doll
- -----------------------------
Dixon R. Doll                   Director                                             November 23, 1999


/s/ Ronald Unterman
- -----------------------------
Ronald Unterman                 Director                                             November 23, 1999


/s/ Marc M. Watson
- -----------------------------
Marc M. Watson                  Director                                             November 23, 1999


/s/ Kristopher A. Wood
- -----------------------------
Kristopher A. Wood              Director                                             November 23, 1999

</TABLE>


                                      II-5
<PAGE>




                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549


                                    EXHIBITS

                                       TO

                                    FORM S-8

                                      UNDER

                             SECURITIES ACT OF 1933


                                 ABOUT.COM, INC.

<PAGE>



                                  EXHIBIT INDEX

EXHIBIT NUMBER     EXHIBIT

          4    Instruments Defining the Rights of Stockholders. Reference is
               made to Registrant's Registration Statement No. 000-25525 on Form
               8-A, together with any exhibits thereto, which are incorporated
               herein by reference pursuant to Item 3(c) to this Registration
               Statement.
          5    Opinion and consent of Brobeck, Phleger & Harrison LLP.
         23.1  Consent of KPMG LLP, Independent Auditors.
         23.2  Consent of Brobeck, Phleger & Harrison LLP is contained in
               Exhibit 5.
         24    Power of Attorney.  Reference is made to page II-4 of this
               Registration Statement.
         99.1  1999 Non-Officer Stock Option/Stock Issuance Plan.
         99.2  Form of Notice of Grant of Stock Option.
         99.3  Form of Stock Option Agreement.
         99.4  Form of  Addendum  to Stock  Option  Agreement  (Involuntary
               Termination  Following  Corporate
               Transaction/Change in Control).
         99.5  Form of Stock Issuance Agreement.
         99.6  Form of Addendum to Stock  Issuance  Agreement  (Involuntary
               Termination  Following  Corporate
               Transaction/Change in Control).




<PAGE>


                                    EXHIBIT 5
             OPINION AND CONSENT OF BROBECK, PHLEGER & HARRISON LLP


                                                    November ___, 1999



About.com, Inc.
220 E. 42nd Street, 24th Floor
New York, New York 10017

        Re: About.com, Inc.- Registration Statement for Offering of an Aggregate
            of 400,000 Shares of Common Stock

Dear Ladies and Gentlemen:

         We have acted as counsel to About.com, Inc., a Delaware corporation
(the "Company"), in connection with the registration on Form S-8 (the
"Registration Statement") under the Securities Act of 1933, as amended, of
400,000 shares of common stock (the "Shares") authorized for issuance under the
Company's 1999 Non-Officer Stock Option/Stock Issuance Plan (the "Plan").

         This opinion is being furnished in accordance with the requirements of
Item 8 of Form S-8 and Item 601(b)(5)(i) of Regulation S-K.

         We have reviewed the Company's charter documents and the corporate
proceedings taken by the Company in connection with the establishment of the
Plan. Based on such review, we are of the opinion that, if, as and when the
Shares have been issued and sold (and the consideration therefor received)
pursuant to (a) the provisions of option agreements duly authorized under the
Plan and in accordance with the Registration Statement, or (b) duly
authorized direct stock issuances in accordance with the Plan and in
accordance with the Registration Statement, such Shares will be duly
authorized, legally issued, fully paid and nonassessable.

         We consent to the filing of this opinion letter as Exhibit 5 to the
Registration Statement.

         This opinion letter is rendered as of the date first written above and
we disclaim any obligation to advise you of facts, circumstances, events or
developments which hereafter may be brought to our attention and which may
alter, affect or modify the opinion expressed herein. Our opinion is expressly
limited to the matters set forth above and we render no opinion, whether by
implication or otherwise, as to any other matters relating to the Company, the
Plans or the Shares.

                                Very truly yours,


                                BROBECK, PHLEGER & HARRISON LLP


<PAGE>

                                                                    Exhibit 23.1

                    CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS

We consent to the incorporation by reference in the registration statement on
Form S-8 of About.com, Inc. of our report dated January 20, 1999, except as to
note 2(q) which is as of March 19, 1999, relating to the balance sheets as of
December 31, 1997 and 1998, and the related statements of operations,
stockholders' deficit and cash flows for the period from June 27, 1996
(inception) to December 31, 1996, and for the years ended December 31, 1997 and
1998, and the related financial statement schedule, which reports are included
in the registration statements on Form S-1 dated March 26, 1999 (No. 333-69881)
and October 29, 1999 (No. 333-88507)

/s/ KPMG LLP

KPMG LLP

New York, New York
November 23, 1999

<PAGE>

                                                                   Exhibit 99.1

                                 ABOUT.COM, INC.
                1999 NON-OFFICER STOCK OPTION/STOCK ISSUANCE PLAN


                                   ARTICLE ONE

                               GENERAL PROVISIONS



I.       PURPOSE OF THE PLAN

                  This 1999 Non-Officer Stock Option/Stock Issuance Plan is
intended to promote the interests of About.com, Inc., a Delaware corporation, by
providing eligible persons with the opportunity to acquire a proprietary
interest, or otherwise increase their proprietary interest, in the Corporation
as an incentive for them to remain in the service of the Corporation.

                  Capitalized terms shall have the meanings assigned to such
terms in the attached Appendix.

         II.      STRUCTURE OF THE PLAN

                  A. The Plan shall be divided into two separate equity
programs:

                                 (i) the Discretionary Option Grant Program
under which eligible persons may, at the discretion of the Plan Administrator,
be granted options to purchase shares of Common Stock, and

                                 (ii) the Stock Issuance Program under which
eligible persons may, at the discretion of the Plan Administrator, be issued
shares of Common Stock directly, either through the immediate purchase of such
shares or as a bonus for services rendered the Corporation (or any Parent or
Subsidiary).

                  B. The provisions of Articles One and Four shall apply to all
equity programs under the Plan and shall govern the interests of all persons
under the Plan.

         III.     ADMINISTRATION OF THE PLAN

                  A. The Board shall have the authority to administer the Plan
but may delegate such authority to a Committee.

                  B. The Plan Administrator shall have full power and authority
subject to the provisions of the Plan:

                                 (i) to establish such rules as it may deem
appropriate for proper administration of the Plan, to make all factual
determinations, to construe and interpret the provisions of the Plan and the
awards thereunder and to resolve any and all ambiguities thereunder;


<PAGE>

                                 (ii) to determine, with respect to awards made
under the Plan, which eligible persons are to receive such awards, the time or
times when such awards are to be made, the number of shares to be covered by
each such award, the vesting schedule (if any) applicable to the award and the
maximum term for which the option is to remain outstanding;

                                 (iii) to amend, modify or cancel any
outstanding award with the consent of the holder or accelerate the vesting of
such award; and

                                 (iv) to take such other discretionary actions
as permitted pursuant to the terms of the applicable program.

                  Decisions of each Plan Administrator within the scope of its
administrative functions under the Plan shall be final and binding on all
parties.

                  C. Members of the Committee shall serve for such period of
time as the Board may determine and may be removed by the Board at any time. The
Board may also at any time terminate the functions of the Committee and reassume
all powers and authority previously delegated to such committee.

                  D. Service on the Committee shall constitute service as a
Board member, and members of the Committee shall accordingly be entitled to full
indemnification and reimbursement as Board members for their service on the
Committee. No member of the Committee shall be liable for any act or omission
made in good faith with respect to the Plan or any options or stock issuances
under the Plan.

         IV.      ELIGIBILITY

                  A. The persons eligible to participate in the Plan are as
          follows:

                                 (i) Employees (other than officers of the
          Corporation), and

                                 (ii) consultants and other independent advisors
          who provide services to the Corporation (or any Parent or Subsidiary).

         V.       STOCK SUBJECT TO THE PLAN

                  A. The stock issuable under the Plan shall be shares of
authorized but unissued or reacquired Common Stock, including shares repurchased
by the Corporation on the open market. The maximum number of shares of Common
Stock reserved for issuance over the term of the Plan shall not exceed 400,000
shares.


                                       2
<PAGE>

                  B. Shares of Common Stock subject to outstanding options shall
be available for subsequent issuance under the Plan to the extent those options
expire, terminate or are cancelled for any reason prior to exercise in full.
Unvested shares issued under the Plan and subsequently repurchased by the
Corporation, at the original exercise or issue price paid per share, pursuant to
the Corporation's repurchase rights under the Plan shall be added back to the
number of shares of Common Stock reserved for issuance under the Plan and shall
accordingly be available for reissuance through one or more subsequent options
or direct stock issuances under the Plan. However, should the exercise price of
an option under the Plan be paid with shares of Common Stock, then the number of
shares of Common Stock available for issuance under the Plan shall be reduced by
the gross number of shares for which the option is exercised or which vest under
the stock issuance, and not by the net number of shares of Common Stock issued
to the holder of such option or stock issuance.

                  C. If any change is made to the Common Stock by reason of any
stock split, stock dividend, recapitalization, combination of shares, exchange
of shares or other change affecting the outstanding Common Stock as a class
without the Corporation's receipt of consideration, appropriate adjustments
shall be made to (i) the maximum number and/or class of securities issuable
under the Plan and (ii) the number and/or class of securities and the exercise
price per share in effect under each outstanding option under the Plan. Such
adjustments to the outstanding options are to be effected in a manner which
shall preclude the enlargement or dilution of rights and benefits under such
options. The adjustments determined by the Plan Administrator shall be final,
binding and conclusive.


                                       3
<PAGE>


                                   ARTICLE TWO

                       DISCRETIONARY OPTION GRANT PROGRAM

         I.       OPTION TERMS

                  Each option shall be a Non-Statutory Option and shall be
evidenced by one or more documents in the form approved by the Plan
Administrator; PROVIDED, however, that each such document shall comply with the
terms specified below.

                  A. EXERCISE PRICE.

                           1. The exercise price per share shall be fixed by the
Plan Administrator at the time of the option grant.

                           2. The exercise price shall become immediately due
upon exercise of the option and shall, subject to the provisions of Section II
of Article Four and the documents evidencing the option, be payable:

                                 (i) in cash,

                                 (ii) check made payable to the Corporation

                                 (iii) shares of Common Stock held for the
          requisite period necessary to avoid a charge to the Corporation's
          earnings for financial reporting purposes and valued at Fair Market
          Value on the Exercise Date, or

                                 (iv) to the extent the option is exercised for
          vested shares, through a special sale and remittance procedure
          pursuant to which the Optionee shall concurrently provide irrevocable
          instructions to (a) a Corporation-approved brokerage firm to effect
          the immediate sale of the purchased shares and remit to the
          Corporation, out of the sale proceeds available on the settlement
          date, sufficient funds to cover the aggregate exercise price payable
          for the purchased shares plus all applicable Federal, state and local
          income and employment taxes required to be withheld by the Corporation
          by reason of such exercise and (b) the Corporation to deliver the
          certificates for the purchased shares directly to such brokerage firm
          in order to complete the sale.

                  Except to the extent such sale and remittance procedure is
utilized, payment of the exercise price for the purchased shares must be made on
the Exercise Date.

                  B. EXERCISE AND TERM OF OPTIONS. Each option shall be
exercisable at such time or times, during such period and for such number of
shares as shall be determined by the Plan Administrator and set forth in the
documents evidencing the option. However, no option shall have a term in excess
of ten (10) years measured from the option grant date.


                                       4
<PAGE>


                  C. CESSATION OF SERVICE.

                           1. The following provisions shall govern the exercise
of any options outstanding at the time of the Optionee's cessation of Service or
death:

                                 (i) Any option outstanding at the time of the
          Optionee's cessation of Service for any reason shall remain
          exercisable for such period of time thereafter as shall be determined
          by the Plan Administrator and set forth in the documents evidencing
          the option, but no such option shall be exercisable after the
          expiration of the option term.

                                 (ii) Any option exercisable in whole or in part
          by the Optionee at the time of death may be subsequently exercised by
          his or her Beneficiary.

                                 (iii) During the applicable post-Service
          exercise period, the option may not be exercised in the aggregate for
          more than the number of vested shares for which the option is
          exercisable on the date of the Optionee's cessation of Service. Upon
          the expiration of the applicable exercise period or (if earlier) upon
          the expiration of the option term, the option shall terminate and
          cease to be outstanding for any vested shares for which the option has
          not been exercised. However, the option shall, immediately upon the
          Optionee's cessation of Service, terminate and cease to be outstanding
          to the extent the option is not otherwise at that time exercisable for
          vested shares.

                                 (iv) Should the Optionee's Service be
          terminated for Misconduct or should the Optionee engage in Misconduct
          while his or her options are outstanding, then all such options shall
          terminate immediately and cease to be outstanding.

                           2. The Plan Administrator shall have complete
discretion, exercisable either at the time an option is granted or at any time
while the option remains outstanding:

                                 (i) to extend the period of time for which the
          option is to remain exercisable following the Optionee's cessation of
          Service to such period of time as the Plan Administrator shall deem
          appropriate, but in no event beyond the expiration of the option term,
          and/or

                                 (ii) to permit the option to be exercised,
          during the applicable post-Service exercise period, for one or more
          additional installments in which the Optionee would have vested had
          the Optionee continued in Service.

                  D. STOCKHOLDER RIGHTS. The holder of an option shall have no
stockholder rights with respect to the shares subject to the option until such
person shall have exercised the option, paid the exercise price and become a
holder of record of the purchased shares.



                                       5
<PAGE>

                  E. REPURCHASE RIGHTS. The Plan Administrator shall have the
discretion to grant options which are exercisable for unvested shares of Common
Stock. Should the Optionee cease Service while holding such unvested shares, the
Corporation shall have the right to repurchase, at the exercise price paid per
share, any or all of those unvested shares. The terms upon which such repurchase
right shall be exercisable (including the period and procedure for exercise and
the appropriate vesting schedule for the purchased shares) shall be established
by the Plan Administrator and set forth in the document evidencing such
repurchase right.

                  F. LIMITED TRANSFERABILITY OF OPTIONS. An Option may, to the
extent permitted by the Plan Administrator, be assigned in whole or in part
during the Optionee's lifetime to one or more members of the Optionee's
immediate family or to a trust established exclusively for Optionee and/or one
or more such family members. The terms applicable to the assigned portion shall
be the same as those in effect for the option immediately prior to such
assignment and shall be set forth in such documents issued to the assignee as
the Plan Administrator may deem appropriate.

         II.      CHANGE IN CONTROL/HOSTILE TAKE-OVER

                  A. Each option outstanding at the time of a Change in Control
but not otherwise fully-vested shall automatically accelerate so that each such
option shall, immediately prior to the effective date of the Change in Control,
become exercisable for all of the shares of Common Stock at the time subject to
that option and may be exercised for any or all of those shares as fully-vested
shares of Common Stock. However, an outstanding option shall not so accelerate
if and to the extent: (i) such option is, in connection with the Change in
Control, assumed or otherwise continued in full force and effect by the
successor corporation (or parent thereof) pursuant to the terms of the Change in
Control, (ii) such option is replaced with a cash incentive program of the
successor corporation which preserves the spread existing at the time of the
Change in Control on the shares of Common Stock for which the option is not
otherwise at that time exercisable for vested shares and provides for subsequent
payout in accordance with the same vesting schedule applicable to those option
shares or (iii) the acceleration of such option is subject to other limitations
imposed by the Plan Administrator at the time of the option grant.

                  B. All outstanding repurchase rights shall also terminate
automatically, and the shares of Common Stock subject to those terminated rights
shall immediately vest in full, in the event of any Change in Control, except to
the extent: (i) those repurchase rights are assigned to the successor
corporation (or parent thereof) or otherwise continue in full force and effect
pursuant to the terms of the Change in Control or (ii) such accelerated vesting
is precluded by other limitations imposed by the Plan Administrator at the time
the repurchase right is issued.

                  C. Immediately following the consummation of the Change in
Control, all outstanding options shall terminate and cease to be outstanding,
except to the extent assumed by the successor corporation (or parent thereof) or
otherwise expressly continued in full force and effect pursuant to the terms of
the Change in Control.



                                       6
<PAGE>

                  D. Each option which is assumed in connection with a Change in
Control shall be appropriately adjusted, immediately after such Change in
Control, to apply to the number and class of securities which would have been
issuable to the Optionee in consummation of such Change in Control had the
option been exercised immediately prior to such Change in Control. Appropriate
adjustments to reflect such Change in Control shall also be made to (i) the
exercise price payable per share under each outstanding option, PROVIDED the
aggregate exercise price payable for such securities shall remain the same and
(ii) the maximum number and/or class of securities available for issuance over
the remaining term of the Plan.

                  E. The Plan Administrator may at any time provide that one or
more options will automatically accelerate in connection with a Change in
Control, whether or not those options are assumed or otherwise continued in full
force and effect pursuant to the terms of the Change in Control. Any such option
shall accordingly become exercisable, immediately prior to the effective date of
such Change in Control, for all of the shares of Common Stock at the time
subject to that option and may be exercised for any or all of those shares as
fully-vested shares of Common Stock. In addition, the Plan Administrator may at
any time provide that one or more of the Corporation's repurchase rights shall
not be assignable in connection with such Change in Control and shall terminate
upon the consummation of such Change in Control.

                  F. The Plan Administrator may at any time provide that one or
more options will automatically accelerate upon an Involuntary Termination of
the Optionee's Service within a designated period (not to exceed eighteen (18)
months) following the effective date of any Change in Control in which those
options do not otherwise accelerate. Any options so accelerated shall remain
exercisable for fully-vested shares until the EARLIER of (i) the expiration of
the option term or (ii) the expiration of the one (1)-year period measured from
the effective date of the Involuntary Termination. In addition, the Plan
Administrator may at any time provide that one or more of the Corporation's
repurchase rights shall immediately terminate upon such Involuntary Termination.

                  G. The Plan Administrator may at any time provide that one or
more options will automatically accelerate in connection with a Hostile
Take-Over. Any such option shall become exercisable, immediately prior to the
effective date of such Hostile Take-Over, for all of the shares of Common Stock
at the time subject to that option and may be exercised for any or all of those
shares as fully-vested shares of Common Stock. In addition, the Plan
Administrator may at any time provide that one or more of the Corporation's
repurchase rights shall terminate automatically upon the consummation of such
Hostile Take-Over. Alternatively, the Plan Administrator may condition such
automatic acceleration and termination upon an Involuntary Termination of the
Optionee's Service within a designated period (not to exceed eighteen (18)
months) following the effective date of such Hostile Take-Over. Each option so
accelerated shall remain exercisable for fully-vested shares until the
expiration or sooner termination of the option term.



                                       7
<PAGE>

                                  ARTICLE THREE

                             STOCK ISSUANCE PROGRAM

         I.       STOCK ISSUANCE TERMS

                  Shares of Common Stock may be issued under the Stock Issuance
Program through direct and immediate issuances without any intervening options.
Shares of Common Stock may also be issued under the Stock Issuance Program
pursuant to share right awards which entitle the recipients to receive those
shares upon the attainment of designated performance goals or Service
requirements. Each such award shall be evidenced by one or more documents which
comply with the terms specified below.

                  A. PURCHASE PRICE.

                           1. The purchase price per share of Common Stock
subject to direct issuance shall be fixed by the Plan Administrator.

                           2. Subject to the provisions of Section II of Article
Four, Shares of Common Stock may be issued under the Stock Issuance Program for
any of the following items of consideration which the Plan Administrator may
deem appropriate in each individual instance:

                                 (i) cash or check made payable to the
          Corporation, or

                                 (ii) past services rendered to the Corporation
          (or any Parent or Subsidiary).

                  B. VESTING/ISSUANCE PROVISIONS.

                           1. The Plan Administrator may issue shares of Common
Stock which are fully and immediately vested upon issuance or which are to vest
in one or more installments over the Participant's period of Service or upon
attainment of specified performance objectives. Alternatively, the Plan
Administrator may issue share right awards which shall entitle the recipient to
receive a specified number of vested shares of Common Stock upon the attainment
of one or more performance goals or Service requirements established by the Plan
Administrator.

                           2. Any new, substituted or additional securities or
other property (including money paid other than as a regular cash dividend)
which the Participant may have the right to receive with respect to his or her
unvested shares of Common Stock by reason of any stock dividend, stock split,
recapitalization, combination of shares, exchange of shares or other change
affecting the outstanding Common Stock as a class without the Corporation's
receipt of consideration shall be issued subject to (i) the same vesting
requirements applicable to the Participant's unvested shares of Common Stock and
(ii) such escrow arrangements as the Plan Administrator shall deem appropriate.


                                       8
<PAGE>

                           3. The Participant shall have full stockholder rights
with respect to the issued shares of Common Stock, whether or not the
Participant's interest in those shares is vested. Accordingly, the Participant
shall have the right to vote such shares and to receive any regular cash
dividends paid on such shares.

                           4. Should the Participant cease to remain in Service
while holding one or more unvested shares of Common Stock, or should the
performance objectives not be attained with respect to one or more such unvested
shares of Common Stock, then those shares shall be immediately surrendered to
the Corporation for cancellation, and the Participant shall have no further
stockholder rights with respect to those shares. To the extent the surrendered
shares were previously issued to the Participant for consideration paid in cash
or cash equivalent (including the Participant's purchase-money indebtedness),
the Corporation shall repay to the Participant the cash consideration paid for
the surrendered shares and shall cancel the unpaid principal balance of any
outstanding purchase-money note of the Participant attributable to the
surrendered shares.

                           5. The Plan Administrator may waive the surrender and
cancellation of one or more unvested shares of Common Stock (or other assets
attributable thereto) which would otherwise occur upon the cessation of the
Participant's Service or the non-attainment of the performance objectives
applicable to those shares. Such waiver shall result in the immediate vesting of
the Participant's interest in the shares of Common Stock as to which the waiver
applies. Such waiver may be effected at any time, whether before or after the
Participant's cessation of Service or the attainment or non-attainment of the
applicable performance objectives.

                           6. Outstanding share right awards shall automatically
terminate, and no shares of Common Stock shall actually be issued in
satisfaction of those awards, if the performance goals or Service requirements
established for such awards are not attained. The Plan Administrator, however,
shall have the authority to issue shares of Common Stock in satisfaction of one
or more outstanding share right awards as to which the designated performance
goals or Service requirements are not attained.

         II.      CHANGE IN CONTROL/HOSTILE TAKE-OVER

                  A. All of the Corporation's outstanding repurchase rights
shall terminate automatically, and all the shares of Common Stock subject to
those terminated rights shall immediately vest in full, in the event of any
Change in Control, except to the extent (i) those repurchase rights are assigned
to the successor corporation (or parent thereof) or otherwise continue in full
force and effect pursuant to the terms of the Change in Control or (ii) such
accelerated vesting is precluded by other limitations imposed by the Plan
Administrator at the time the repurchase right is issued.


                                       9
<PAGE>

                  B. The Plan Administrator may at any time provide for the
automatic termination of one or more of those outstanding repurchase rights and
the immediate vesting of the shares of Common Stock subject to those terminated
rights upon (i) a Change in Control or Hostile Take-Over or (ii) an Involuntary
Termination of the Participant's Service within a designated period (not to
exceed eighteen (18) months) following the effective date of any Change in
Control or Hostile Take-Over in which those repurchase rights are assigned to
the successor corporation (or parent thereof) or otherwise continue in full
force and effect.

         III.     SHARE ESCROW/LEGENDS

                  Unvested shares may, in the Plan Administrator's discretion,
be held in escrow by the Corporation until the Participant's interest in such
shares vests or may be issued directly to the Participant with restrictive
legends on the certificates evidencing those unvested shares.



                                       10
<PAGE>

                                  ARTICLE FOUR

                                  MISCELLANEOUS

         I.       NO IMPAIRMENT OF AUTHORITY

                  Outstanding awards shall in no way affect the right of the
Corporation to adjust, reclassify, reorganize or otherwise change its capital or
business structure or to merge, consolidate, dissolve, liquidate or sell or
transfer all or any part of its business or assets.

         II.      FINANCING

                  The Plan Administrator may permit any Optionee or Participant
to pay the option exercise price under the Discretionary Option Grant Program or
the purchase price of shares issued under the Stock Issuance Program by
delivering a full-recourse, interest bearing promissory note payable in one or
more installments. The terms of any such promissory note (including the interest
rate and the terms of repayment) shall be established by the Plan Administrator
in its sole discretion. In no event may the maximum credit available to the
Optionee or Participant exceed the sum of (i) the aggregate option exercise
price or purchase price payable for the purchased shares plus (ii) any Federal,
state and local income and employment tax liability incurred by the Optionee or
the Participant in connection with the option exercise or share purchase.

         III.     TAX WITHHOLDING

                  The Corporation's obligation to deliver shares of Common Stock
upon the exercise of options or the issuance or vesting of such shares under the
Plan shall be subject to the satisfaction of all applicable Federal, state and
local income and employment tax withholding requirements.

         IV.      EFFECTIVE DATE AND TERM OF THE PLAN

                  The Plan shall terminate upon the EARLIEST of (i) August __,
2009, (ii) the date on which all shares available for issuance under the Plan
shall have been issued as fully-vested shares or (iii) the termination of all
outstanding options in connection with a Change in Control. Upon such plan
termination, all outstanding options and unvested stock issuances shall
thereafter continue to have force and effect in accordance with the provisions
of the documents evidencing such grants or issuances.

         V.       AMENDMENT OF THE PLAN

                  The Board shall have complete and exclusive power and
authority to amend or modify the Plan in any or all respects. However, no such
amendment or modification shall adversely affect the rights and obligations with
respect to stock options or unvested stock issuances at the time outstanding
under the Plan unless the Optionee or the Participant consents to such amendment
or modification.


                                       11
<PAGE>


         VI.      USE OF PROCEEDS

                  Any cash proceeds received by the Corporation from the sale of
shares of Common Stock under the Plan shall be used for general corporate
purposes.

         VII.     REGULATORY APPROVALS

                  A. The implementation of the Plan, the granting of any stock
option under the Plan and the issuance of any shares of Common Stock (i) upon
the exercise of any granted option or (ii) under the Stock Issuance Program
shall be subject to the Corporation's procurement of all approvals and permits
required by regulatory authorities having jurisdiction over the Plan, the stock
options granted under it and the shares of Common Stock issued pursuant to it.

                  B. No shares of Common Stock or other assets shall be issued
or delivered under the Plan unless and until there shall have been compliance
with all applicable requirements of Federal and state securities laws, including
the filing and effectiveness of the Form S-8 registration statement for the
shares of Common Stock issuable under the Plan, and all applicable listing
requirements of any stock exchange (or the Nasdaq National Market, if
applicable) on which Common Stock is then listed for trading.

         VIII.    NO EMPLOYMENT/SERVICE RIGHTS

                  Nothing in the Plan shall confer upon the Optionee or the
Participant any right to continue in Service for any period of specific duration
or interfere with or otherwise restrict in any way the rights of the Corporation
(or any Parent or Subsidiary employing or retaining such person) or of the
Optionee or the Participant, which rights are hereby expressly reserved by each,
to terminate such person's Service at any time for any reason, with or without
cause.


                                       12
<PAGE>

                                    APPENDIX

                  The following definitions shall be in effect under the Plan:

                  A. BENEFICIARY shall mean, in the event the Plan Administrator
implements a beneficiary designation procedure, the person designated by an
Optionee or Participant, pursuant to such procedure, to succeed to such person's
rights under any outstanding awards held by him or her at the time of death. In
the absence of such designation or procedure, the Beneficiary shall be the
personal representative of the estate of the Optionee or Participant or the
person or persons to whom the award is transferred by will or the laws of
descent and distribution.

                  C. BOARD shall mean the Corporation's Board of Directors.

                  D. CHANGE IN CONTROL shall mean a change in ownership or
control of the Corporation effected through any of the following transactions:

                        (i) a merger, consolidation or reorganization approved
         by the Corporation's stockholders, UNLESS securities representing more
         than fifty percent (50%) of the total combined voting power of the
         voting securities of the successor corporation are immediately
         thereafter beneficially owned, directly or indirectly and in
         substantially the same proportion, by the persons who beneficially
         owned the Corporation's outstanding voting securities immediately prior
         to such transaction,

                      (ii) any stockholder-approved transfer or other
         disposition of all or substantially all of the Corporation's assets, or

                      (iii) the acquisition, directly or indirectly by any
         person or related group of persons (other than the Corporation or a
         person that directly or indirectly controls, is controlled by, or is
         under common control with, the Corporation), of beneficial ownership
         (within the meaning of Rule 13d-3 of the 1934 Act) of securities
         possessing more than fifty percent (50%) of the total combined voting
         power of the Corporation's outstanding securities pursuant to a tender
         or exchange offer made directly to the Corporation's stockholders which
         the Board recommend such stockholders to accept.

                  E. CODE shall mean the Internal Revenue Code of 1986, as
amended.

                  F. COMMITTEE shall mean a committee of one (1) or more Board
members appointed by the Board to administer the Plan with respect to eligible
persons.

                  G. COMMON STOCK shall mean the Corporation's common stock.

                  H. CORPORATION shall mean About.com, Inc., a Delaware
corporation, and its successors.

                  I. DISCRETIONARY OPTION GRANT PROGRAM shall mean the
discretionary option grant program in effect under the Plan.



                                      A-1
<PAGE>

                  J. EMPLOYEE shall mean an individual who is in the employ of
the Corporation (or any Parent or Subsidiary), subject to the control and
direction of the employer entity as to both the work to be performed and the
manner and method of performance.

                  K. EXERCISE DATE shall mean the date on which the Corporation
shall have received written notice of the option exercise.

                  L. FAIR MARKET VALUE per share of Common Stock on any relevant
date shall be determined in accordance with the following provisions:

                        (i) If the Common Stock is at the time traded on the
         Nasdaq National Market, then the Fair Market Value shall be the closing
         selling price per share of Common Stock on the date in question, as
         such price is reported on the Nasdaq National Market or any successor
         system. If there is no closing selling price for the Common Stock on
         the date in question, then the Fair Market Value shall be the closing
         selling price on the last preceding date for which such quotation
         exists.

                       (ii) If the Common Stock is at the time listed on any
         Stock Exchange, then the Fair Market Value shall be the closing selling
         price per share of Common Stock on the date in question on the Stock
         Exchange determined by the Plan Administrator to be the primary market
         for the Common Stock, as such price is officially quoted in the
         composite tape of transactions on such exchange. If there is no closing
         selling price for the Common Stock on the date in question, then the
         Fair Market Value shall be the closing selling price on the last
         preceding date for which such quotation exists.

                  M. HOSTILE TAKE-OVER shall mean:

                        (i) the acquisition, directly or indirectly, by any
         person or related group of persons (other than the Corporation or a
         person that directly or indirectly controls, is controlled by, or is
         under common control with, the Corporation) of beneficial ownership
         (within the meaning of Rule 13d-3 of the 1934 Act) of securities
         possessing more than fifty percent (50%) of the total combined voting
         power of the Corporation's outstanding securities pursuant to a tender
         or exchange offer made directly to the Corporation's stockholders which
         the Board does not recommend such stockholders to accept, or

                       (ii) a change in the composition of the Board over a
         period of thirty-six (36) consecutive months or less such that a
         majority of the Board members ceases, by reason of one or more
         contested elections for Board membership, to be comprised of
         individuals who either (A) have been Board members continuously since
         the beginning of such period or (B) have been elected or nominated for
         election as Board members during such period by at least a majority of
         the Board members described in clause (A) who were still in office at
         the time the Board approved such election or nomination.



                                      A-2
<PAGE>

                  N. INVOLUNTARY TERMINATION shall mean the termination of the
Service of any individual which occurs by reason of:

                       (i) such individual's involuntary dismissal or discharge
         by the Corporation for reasons other than Misconduct, or

                       (ii) such individual's voluntary resignation following
         (A) a change in his or her position with Corporation or Parent or
         Subsidiary employing the individual which materially reduces his or her
         duties and responsibilities, (B) a reduction in his or her level of
         compensation (including base salary, fringe benefits and target bonus
         under any performance based bonus or incentive programs) or (C) a
         relocation of such individual's place of employment by more than fifty
         (50) miles, provided and only if such change, reduction or relocation
         is effected by the Corporation without the individual's consent.
         Notwithstanding the foregoing, an individual's resignation following
         (i) a relocation shall not be considered an Involuntary Termination if
         the relocation is part of a general relocation of a significant portion
         of the operations of the Corporation (or Parent or Subsidiary employing
         the individual) or of the department or division in which such
         individual is employed to a location in the United States and if
         expenses reasonably incurred by such individual in connection with such
         relocation expenses are to be reimbursed by the Corporation or any
         successor entity or (ii) a general reduction in the level of base
         salary, target bonuses or fringe benefits payable to all or
         substantially all of the employees of the Corporation (or Parent or
         Subsidiary employing such individual) in connection with a cost
         reduction program shall not constitute an Involuntary Termination.

                  O. MISCONDUCT shall mean the commission of any act of fraud,
embezzlement or dishonesty by the Optionee or Participant, any unauthorized use
or disclosure by such person of confidential information or trade secrets of the
Corporation (or any Parent or Subsidiary), or any intentional wrongdoing by such
person, whether by omission or commission, which adversely affects the business
or affairs of the Corporation (or any Parent or Subsidiary) in a material
manner. This shall not limit the grounds for the dismissal or discharge of any
person in the Service of the Corporation (or any Parent or Subsidiary).

                  P. 1934 ACT shall mean the Securities Exchange Act of 1934, as
amended.

                  Q. NON-STATUTORY OPTION shall mean an option not intended to
satisfy the requirements of Code Section 422.

                  R. OPTIONEE shall mean any person to whom an option is granted
under the Discretionary Option Grant.

                  T. PARENT shall mean any corporation (other than the
Corporation) in an unbroken chain of corporations ending with the Corporation,
provided each corporation in the unbroken chain (other than the Corporation)
owns, at the time of the determination, stock possessing fifty percent (50%) or
more of the total combined voting power of all classes of stock in one of the
other corporations in such chain.



                                      A-3
<PAGE>

                  U. PARTICIPANT shall mean any person who is issued shares of
Common Stock under the Stock Issuance Program.

                  V. PERMANENT DISABILITYshall mean the inability of the
Optionee or the Participant to engage in any substantial gainful activity by
reason of any medically determinable physical or mental impairment expected to
result in death or to be of continuous duration of twelve (12) months or more.

                  W. PLAN shall mean the Corporation's 1999 Non-Officer Stock
Option/Stock Issuance Plan, as set forth in this document.

                  X. PLAN ADMINISTRATOR shall mean the particular entity,
whether the Committee or the Board, which is authorized to administer the Plan.

                  Y. PLAN EFFECTIVE DATE shall mean August __, 1999, the date on
which the Plan was adopted by the Board.

                  Z. SERVICE shall mean the performance of services for the
Corporation (or any Parent or Subsidiary) by a person in the capacity of an
Employee, a non-employee member of the board of directors or a consultant or
independent advisor, except to the extent otherwise specifically provided in the
documents evidencing the option grant or stock issuance.

                  AA. STOCK EXCHANGE shall mean either the American Stock
Exchange or the New York Stock Exchange.

                  BB. STOCK ISSUANCE PROGRAM shall mean the stock issuance
program in effect under the Plan.

                  CC. SUBSIDIARY shall mean any corporation (other than the
Corporation) in an unbroken chain of corporations beginning with the
Corporation, provided each corporation (other than the last corporation) in the
unbroken chain owns, at the time of the determination, stock possessing fifty
percent (50%) or more of the total combined voting power of all classes of stock
in one of the other corporations in such chain.




                                      A-4




<PAGE>

                                                                 Exhibit 99.2


                                 ABOUT.COM, INC.
                1999 NON-OFFICER STOCK OPTION/STOCK ISSUANCE PLAN
                         NOTICE OF GRANT OF STOCK OPTION


                  Notice is hereby given of the following option grant (the
"Option") to purchase shares of the Common Stock of About.com, Inc. (the
"Corporation"):

                  OPTIONEE:
                           -----------------------------------------------------
                  GRANT DATE:
                             ---------------------------------------------------
                  VESTING COMMENCEMENT DATE:

                  EXERCISE PRICE:  $         per share
                                    ---------
                  NUMBER OF OPTION SHARES:         shares
                                          ---------
                  EXPIRATION DATE:
                                  -------------------------
                  TYPE OF OPTION:   Non-Statutory Stock Option

                  EXERCISE SCHEDULE: The Option shall become exercisable with
                  respect to twenty five percent (25%) of the Option Shares upon
                  Optionee's completion of one (1) year of Service measured from
                  the Vesting Commencement Date and shall become exercisable for
                  the balance of the Option Shares in thirty-six (36) successive
                  equal monthly installments upon Optionee's completion of each
                  additional month of Service over the thirty-six (36) month
                  period measured from the first anniversary of the Vesting
                  Commencement Date. In no event shall the Option become
                  exercisable for any additional Option Shares after Optionee's
                  cessation of Service.

                  Optionee understands and agrees that the Option is granted
subject to and in accordance with the terms of the About.com, Inc. 1999
Non-Officer Stock Option/Stock Issuance Plan (the "Plan"). Optionee further
agrees to be bound by the terms of the Plan and the terms of the Option as set
forth in the Stock Option Agreement and any Addenda to such Stock Option
Agreement attached hereto as Exhibit A. A copy of the Plan is available upon
request made to the Corporate Secretary at the Corporation's principal offices.


<PAGE>


                  NO EMPLOYMENT OR SERVICE CONTRACT. Nothing in this Notice or
in the attached Stock Option Agreement or in the Plan shall confer upon Optionee
any right to continue in Service for any period of specific duration or
interfere with or otherwise restrict in any way the rights of the Corporation
(or any Parent or Subsidiary employing or retaining Optionee) or of Optionee,
which rights are hereby expressly reserved by each, to terminate Optionee's
Service at any time for any reason, with or without cause.

                  DEFINITIONS. All capitalized terms in this Notice shall have
the meaning assigned to them in this Notice or in the attached Stock Option
Agreement.

DATED:                       ,
      ----   ---------  ----   --------

                                            ABOUT.COM, INC.

                                            By:
                                               --------------------------------
                                            Title:
                                                 ------------------------------


                                            -----------------------------------
                                            OPTIONEE

                                            Address:
                                                   ----------------------------

                                            -----------------------------------


ATTACHMENTS

EXHIBIT A - STOCK OPTION AGREEMENT AND ADDENDA



                                       2


<PAGE>

                                                                 Exhibit 99.3


                                 ABOUT.COM, INC.
                1999 NON-OFFICER STOCK OPTION/STOCK ISSUANCE PLAN
                             STOCK OPTION AGREEMENT


RECITALS

         A. The Board has adopted the Plan for the purpose of retaining the
services of selected Employees (other than officers of the Corporation) and
consultants and other independent advisors who provide services to the
Corporation (or any Parent or Subsidiary).

         B. Optionee is to render valuable services to the Corporation (or a
Parent or Subsidiary), and this Agreement is executed pursuant to, and is
intended to carry out the purposes of, the Plan in connection with the
Corporation's grant of an option to Optionee.

         C. All capitalized terms in this Agreement shall have the meaning
assigned to them in the attached Appendix.

         NOW, THEREFORE, it is hereby agreed as follows:

         1. GRANT OF OPTION. The Corporation hereby grants to Optionee, as of
the Grant Date, an option to purchase up to the number of Option Shares
specified in the Grant Notice. The Option Shares shall be purchasable from time
to time during the option term specified in Paragraph 2 at the Exercise Price.

         2. OPTION TERM. This option shall have a maximum term of ten (10) years
measured from the Grant Date and shall accordingly expire at the close of
business on the Expiration Date, unless sooner terminated in accordance with
Paragraph 5 or 6.

         3. LIMITED TRANSFERABILITY. This option may, in connection with
Optionee's estate plan, be assigned in whole or in part during Optionee's
lifetime to one or more members of Optionee's immediate family or to a trust
established exclusively for Optionee and/or one or more such family members. The
assigned portion shall be exercisable only by the person or persons who acquire
a proprietary interest in the option pursuant to such assignment. The terms
applicable to the assigned portion shall be the same as those in effect for this
option immediately prior to such assignment and shall be set forth in such
documents issued to the assignee as the Plan Administrator may deem appropriate.

         4. DATES OF EXERCISE. This option shall become exercisable for the
Option Shares in one or more installments as specified in the Grant Notice. As
the option becomes exercisable for such installments, those installments shall
accumulate, and the option shall remain exercisable for the accumulated
installments until the Expiration Date or sooner termination of the option term
under Paragraph 5 or 6.




<PAGE>

         5. CESSATION OF SERVICE. The option term specified in Paragraph 2 shall
terminate (and this option shall cease to be outstanding) prior to the
Expiration Date should any of the following provisions become applicable:

                  (i) Should Optionee cease to remain in Service for any reason
         (other than death, Permanent Disability or Misconduct) while this
         option is outstanding, then this option shall remain exercisable until
         the EARLIER of (i) the expiration of the three (3)-month period
         measured from the date of such cessation of Service or (ii) the
         Expiration Date.

                  (ii) Should Optionee die while holding this option, then
         Optionee's Beneficiary shall have the right to exercise this option
         until the EARLIER of (A) the expiration of the twelve (12)-month period
         measured from the date of Optionee's death or (B) the Expiration Date.

                  (iii) Should Optionee cease Service by reason of Permanent
         Disability while this option is outstanding, then this option shall
         remain exercisable until the EARLIER of (i) the expiration of the
         twelve (12)-month period measured from the date of such cessation of
         Service or (ii) the Expiration Date.

                  (iv) During the applicable post-Service exercise period, this
         option may not be exercised in the aggregate for more than the number
         of vested Option Shares for which the option is exercisable on the date
         of Optionee's cessation of Service. Upon the expiration of the
         applicable exercise period or (if earlier) upon the Expiration Date,
         this option shall terminate and cease to be outstanding for any vested
         Option Shares for which the option has not been exercised. However,
         this option shall, immediately upon Optionee's cessation of Service for
         any reason, terminate and cease to be outstanding to the extent this
         option is not otherwise at that time exercisable for vested shares.

                  (v) Should Optionee's Service be terminated for Misconduct or
         should Optionee engage in Misconduct while this option is outstanding,
         then this option shall terminate immediately and cease to be
         outstanding.

         6. SPECIAL ACCELERATION OF OPTION.

                  (a) In the event of a Change in Control, this option, to the
extent outstanding at that time but not otherwise fully exercisable, shall
automatically accelerate so that this option shall, immediately prior to the
effective date of the Change in Control, become exercisable for all of the
Option Shares at the time subject to this option and may be exercised for any or
all of those Option Shares as fully-vested shares of Common Stock. No such
acceleration of this option, however, shall occur if and to the extent: (i) this
option is, in connection with the Change in Control, assumed or otherwise
continued in full force and effect by the successor corporation (or parent
thereof) pursuant to the terms of the Change in Control or



                                       2
<PAGE>

(ii) this option is replaced with a cash incentive program of the successor
corporation which preserves the spread existing at the time of the Change in
Control on the Option Shares for which this option is not otherwise at that time
exercisable (the excess of the Fair Market Value of those Option Shares over the
aggregate Exercise Price payable for such shares) and provides for subsequent
pay-out in accordance with the same option exercise schedule set forth in the
Grant Notice.

                  (b) Immediately following the consummation of the Change in
Control, this option shall terminate and cease to be outstanding, except to the
extent assumed by the successor corporation (or parent thereof) or otherwise
expressly continued in full force and effect pursuant to the terms of the Change
in Control.

                  (c) If this option is assumed in connection with a Change in
Control, then this option shall be appropriately adjusted, immediately after
such Change in Control, to apply to the number and class of securities which
would have been issuable to Optionee in consummation of such Change in Control
had the option been exercised immediately prior to such Change in Control, and
appropriate adjustments shall also be made to the Exercise Price, PROVIDED the
aggregate Exercise Price shall remain the same.

                  (d) This Agreement shall not in any way affect the right of
the Corporation to adjust, reclassify, reorganize or otherwise change its
capital or business structure or to merge, consolidate, dissolve, liquidate or
sell or transfer all or any part of its business or assets.

         7. ADJUSTMENT IN OPTION SHARES. Should any change be made to the Common
Stock by reason of any stock split, stock dividend, recapitalization,
combination of shares, exchange of shares or other change affecting the
outstanding Common Stock as a class without the Corporation's receipt of
consideration, appropriate adjustments shall be made to (i) the total number
and/or class of securities subject to this option and (ii) the Exercise Price in
order to reflect such change and thereby preclude a dilution or enlargement of
benefits hereunder.

         8. STOCKHOLDER RIGHTS. The holder of this option shall not have any
stockholder rights with respect to the Option Shares until such person shall
have exercised the option, paid the Exercise Price and become a holder of record
of the purchased shares.

9.       MANNER OF EXERCISING OPTION.

                  (a) In order to exercise this option with respect to all or
any part of the Option Shares for which this option is at the time exercisable,
Optionee (or any other person or persons exercising the option) must take the
following actions:

                  (i) Execute and deliver to the Corporation a Notice of
         Exercise for the Option Shares for which the option is exercised.



                                       3
<PAGE>

                  (ii) Pay the aggregate Exercise Price for the purchased shares
         in one or more of the following forms:

                           (A) cash or check made payable to the Corporation; or

                           (B) a promissory note payable to the Corporation, but
                  only to the extent authorized by the Plan Administrator in
                  accordance with Paragraph 14;

                           (C) in shares of Common Stock held by Optionee (or
                  any other person or persons exercising the option) for the
                  requisite period necessary to avoid a charge to the
                  Corporation's earnings for financial reporting purposes and
                  valued at Fair Market Value on the Exercise Date; or

                           (D) through a special sale and remittance procedure
                  pursuant to which Optionee (or any other person or persons
                  exercising the option) shall concurrently provide irrevocable
                  instructions (I) to a Corporation-approved brokerage firm to
                  effect the immediate sale of the purchased shares and remit to
                  the Corporation, out of the sale proceeds available on the
                  settlement date, sufficient funds to cover the aggregate
                  Exercise Price payable for the purchased shares plus all
                  applicable income and employment taxes required to be withheld
                  by the Corporation by reason of such exercise and (II) to the
                  Corporation to deliver the certificates for the purchased
                  shares directly to such brokerage firm in order to complete
                  the sale.

                           Except to the extent the sale and remittance
                  procedure is utilized in connection with the option exercise,
                  payment of the Exercise Price must accompany the Notice of
                  Exercise delivered to the Corporation in connection with the
                  option exercise.

                  (iii) Furnish to the Corporation appropriate documentation
         that the person or persons exercising the option (if other than
         Optionee) have the right to exercise this option.

                  (iv) Make appropriate arrangements with the Corporation (or
         Parent or Subsidiary employing or retaining Optionee) for the
         satisfaction of all income and employment tax withholding requirements
         applicable to the option exercise.

                  (b) As soon as practical after the Exercise Date, the
Corporation shall issue to or on behalf of Optionee (or any other person or
persons exercising this option) a certificate for the purchased Option Shares,
with the appropriate legends affixed thereto.



                                       4
<PAGE>

                  (c) In no event may this option be exercised for any
fractional shares.

         10. COMPLIANCE WITH LAWS AND REGULATIONS.

                  (a) The exercise of this option and the issuance of the Option
Shares upon such exercise shall be subject to compliance by the Corporation and
Optionee with all applicable requirements of law relating thereto and with all
applicable regulations of any stock exchange (or the Nasdaq National Market, if
applicable) on which the Common Stock may be listed for trading at the time of
such exercise and issuance.

                  (b) The inability of the Corporation to obtain approval from
any regulatory body having authority deemed by the Corporation to be necessary
to the lawful issuance and sale of any Common Stock pursuant to this option
shall relieve the Corporation of any liability with respect to the non-issuance
or sale of the Common Stock as to which such approval shall not have been
obtained. The Corporation, however, shall use its best efforts to obtain all
such approvals.

         11. SUCCESSORS AND ASSIGNS. Except to the extent otherwise provided in
Paragraphs 3 and 6, the provisions of this Agreement shall inure to the benefit
of, and be binding upon, the Corporation and its successors and assigns and
Optionee and Optionee's assigns and Beneficiaries.

         12. NOTICES. Any notice required to be given or delivered to the
Corporation under the terms of this Agreement shall be in writing and addressed
to the Corporation at its principal corporate offices. Any notice required to be
given or delivered to Optionee shall be in writing and addressed to Optionee at
the address indicated below Optionee's signature line on the Grant Notice. All
notices shall be deemed effective upon personal delivery or upon deposit in the
U.S. mail, postage prepaid and properly addressed to the party to be notified.

         13. FINANCING. The Plan Administrator may, in its absolute discretion
and without any obligation to do so, permit Optionee to pay the Exercise Price
for the purchased Option Shares by delivering a full-recourse promissory note
payable to the Corporation. The terms of any such promissory note (including the
interest rate, the requirements for collateral and the terms of repayment) shall
be established by the Plan Administrator in its sole discretion.

         14. CONSTRUCTION. This Agreement and the option evidenced hereby are
made and granted pursuant to the Plan and are in all respects limited by and
subject to the terms of the Plan. All decisions of the Plan Administrator with
respect to any question or issue arising under the Plan or this Agreement shall
be conclusive and binding on all persons having an interest in this option.

         15. GOVERNING LAW. The interpretation, performance and enforcement of
this Agreement shall be governed by the laws of the State of New York without
resort to that State's conflict-of-laws rules.



                                       5
<PAGE>

         16. EXCESS SHARES. If the Option Shares covered by this Agreement
exceed, as of the Grant Date, the number of shares of Common Stock which may
without stockholder approval be issued under the Plan, then this option shall be
void with respect to those excess shares, unless stockholder approval of an
amendment sufficiently increasing the number of shares of Common Stock issuable
under the Plan is obtained in accordance with the provisions of the Plan.

         17. LEAVE OF ABSENCE. The following provisions shall apply upon the
Optionee's commencement of an authorized leave of absence:

                           (i) The exercise schedule in effect under the Grant
                  Notice shall be frozen as of the first day of the authorized
                  leave, and this option shall not become exercisable for any
                  additional installments of the Option Shares during the period
                  Optionee remains on such leave.

                           (ii) Should Optionee resume active Employee status
                  within sixty (60) days after the start date of the authorized
                  leave, Optionee shall, for purposes of the exercise schedule
                  set forth in the Grant Notice, receive Service credit for the
                  entire period of such leave. If Optionee does not resume
                  active Employee status within such sixty (60)-day period, then
                  no Service credit shall be given for the period of such leave.

                           (iii) In no event shall this option become
                  exercisable for any additional Option Shares or otherwise
                  remain outstanding if Optionee does not resume Employee status
                  prior to the Expiration Date of the option term.




                                       6
<PAGE>

                                    EXHIBIT I

                               NOTICE OF EXERCISE

                  I hereby notify About.com, Inc. (the "Corporation") that I
elect to purchase _________ shares of the Corporation's Common Stock (the
"Purchased Shares") at the option exercise price of $____________ per share (the
"Exercise Price") pursuant to that certain option (the "Option") granted to me
under the Corporation's 1999 Non-Officer Stock Option/Stock Issuance Plan on
__________________, ______.

                  Concurrently with the delivery of this Exercise Notice to the
Corporation, I shall hereby pay to the Corporation the Exercise Price for the
Purchased Shares in accordance with the provisions of my agreement with the
Corporation (or other documents) evidencing the Option and shall deliver
whatever additional documents may be required by such agreement as a condition
for exercise. Alternatively, I may utilize the special broker-dealer sale and
remittance procedure specified in my agreement to effect payment of the Exercise
Price.

- ---------- ---------, --------
         Date

                                             -----------------------------------
                                             Optionee

                                             Address:
                                                    ----------------------------

                                             -----------------------------------



Print name in exact manner it is to
appear on the stock certificate:
                                             -----------------------------------

Address to which certificate is to be
sent, if different from address above:
                                             -----------------------------------


                                             -----------------------------------

Social Security Number:
                                             -----------------------------------

Employee Number:
                                             -----------------------------------


<PAGE>


                                    APPENDIX

                  The following definitions shall be in effect under the
Agreement:

                  A. AGREEMENT shall mean this Stock Option Agreement.

                  B. BENEFICIARY shall mean, in the event the Plan Administrator
implements a beneficiary designation procedure, the person designated by
Optionee, pursuant to such procedure, to succeed to Optionee's rights under the
option evidenced by this Agreement to the extent the option is held by Optionee
at the time of death. In the absence of such designation or procedure, the
Beneficiary shall be the personal representative of Optionee's estate or the
person or persons to whom the option is transferred by will or the laws of
descent and distribution.

                  C. BOARD shall mean the Corporation's Board of Directors.

                  D. CHANGE IN CONTROL shall mean a change in ownership or
control of the Corporation effected through any of the following transactions:

                           (i) a merger, consolidation or reorganization
                  approved by the Corporation's stockholders, UNLESS securities
                  representing more than fifty percent (50%) of the total
                  combined voting power of the voting securities of the
                  successor corporation are immediately thereafter beneficially
                  owned, directly or indirectly and in substantially the same
                  proportion, by the persons who beneficially owned the
                  Corporation's outstanding voting securities immediately prior
                  to such transaction.

                           (ii) any stockholder-approved transfer or other
                  disposition of all or substantially all of the Corporation's
                  assets, or

                           (iii) the acquisition, directly or indirectly by any
                  person or related group of persons (other than the Corporation
                  or a person that directly or indirectly controls, is
                  controlled by, or is under common control with, the
                  Corporation), of beneficial ownership (within the meaning of
                  Rule 13d-3 of the 1934 Act) of securities possessing more than
                  fifty percent (50%) of the total combined voting power of the
                  Corporation's outstanding securities pursuant to a tender or
                  exchange offer made directly to the Corporation's stockholders
                  which the Board recommends such stockholders to accept.

         E. CODE shall mean the Internal Revenue Code of 1986, as amended.

         F. COMMON STOCK shall mean the Corporation's common stock.

         G. CORPORATION shall mean About.com, Inc., a Delaware corporation.



                                       A-1
<PAGE>

         H. EMPLOYEE shall mean an individual who is in the employ of the
Corporation (or any Parent or Subsidiary), subject to the control and direction
of the employer entity as to both the work to be performed and the manner and
method of performance.

         I. EXERCISE DATE shall mean the date on which the option shall have
been exercised in accordance with Paragraph 9 of the Agreement.

         J. EXERCISE PRICE shall mean the exercise price per share as specified
in the Grant Notice.

         K. EXPIRATION DATE shall mean the date on which the option expires as
specified in the Grant Notice.

         L. FAIR MARKET VALUE per share of Common Stock on any relevant date
shall be determined in accordance with the following provisions:

                           (i) If the Common Stock is at the time traded on the
                  Nasdaq National Market, then the Fair Market Value shall be
                  the closing selling price per share of Common Stock on the
                  date in question, as the price is reported by the National
                  Association of Securities Dealers on the Nasdaq National
                  Market or any successor system. If there is no closing selling
                  price for the Common Stock on the date in question, then the
                  Fair Market Value shall be the closing selling price on the
                  last preceding date for which such quotation exists.

                           (ii) If the Common Stock is at the time listed on any
                  Stock Exchange, then the Fair Market Value shall be the
                  closing selling price per share of Common Stock on the date in
                  question on the Stock Exchange determined by the Plan
                  Administrator to be the primary market for the Common Stock,
                  as such price is officially quoted in the composite tape of
                  transactions on such exchange. If there is no closing selling
                  price for the Common Stock on the date in question, then the
                  Fair Market Value shall be the closing selling price on the
                  last preceding date for which such quotation exists.

                           (iii) If the Common Stock is at the time neither
                  listed on any Stock Exchange nor traded on the Nasdaq National
                  Market, then the Fair Market Value shall be determined by the
                  Plan Administrator after taking into account such factors as
                  the Plan Administrator shall deem appropriate.

         M. GRANT DATE shall mean the date of grant of the option as specified
in the Grant Notice.

         N. GRANT NOTICE shall mean the Notice of Grant of Stock Option
accompanying the Agreement, pursuant to which Optionee has been informed of the
basic terms of the option evidenced hereby.



                                       A-2
<PAGE>

         O. MISCONDUCT shall mean the commission of any act of fraud,
embezzlement or dishonesty by Optionee, any unauthorized use or disclosure by
Optionee of confidential information or trade secrets of the Corporation (or any
Parent or Subsidiary), or any intentional wrongdoing by Optionee, whether by
omission or commission, which adversely affects the business or affairs of the
Corporation (or any Parent or Subsidiary) in a material manner. The foregoing
definition shall not limit the grounds for the dismissal or discharge of
Optionee or any other individual in the Service of the Corporation (or any
Parent or Subsidiary).

         P. 1934 ACT shall mean the Securities Exchange Act of 1934, as amended.

         Q. NOTICE OF EXERCISE shall mean the notice of exercise in the form
attached hereto as Exhibit I.

         R. OPTION SHARES shall mean the number of shares of Common Stock
subject to the option as specified in the Grant Notice.

         S. OPTIONEE shall mean the person to whom the option is granted as
specified in the Grant Notice.

         T. PARENT shall mean any corporation (other than the Corporation) in an
unbroken chain of corporations ending with the Corporation, provided each
corporation in the unbroken chain (other than the Corporation) owns, at the time
of the determination, stock possessing fifty percent (50%) or more of the total
combined voting power of all classes of stock in one of the other corporations
in such chain.

         U. PERMANENT DISABILITY shall mean the inability of Optionee to engage
in any substantial gainful activity by reason of any medically determinable
physical or mental impairment which is expected to result in death or has lasted
or can be expected to last for a continuous period of twelve (12) months or
more.

         V. PLAN shall mean the Corporation's 1999 Non-Officer Stock
Option/Stock Issuance Plan.

         W. PLAN ADMINISTRATOR shall mean either the Board or a committee of the
Board acting in its administrative capacity under the Plan.

         X. SERVICE shall mean Optionee's performance of services for the
Corporation (or any Parent or Subsidiary) in the capacity of an Employee, a
non-employee member of the board of directors or a consultant or independent
advisor.

         Y. STOCK EXCHANGE shall mean the American Stock Exchange or the New
York Stock Exchange.

         Z. SUBSIDIARY shall mean any corporation (other than the Corporation)
in an unbroken chain of corporations beginning with the Corporation, provided
each corporation (other than the last corporation) in the unbroken chain owns,
at the time of the determination, stock



                                       A-3
<PAGE>

possessing fifty percent (50%) or more
of the total combined voting power of all classes of stock in one of the other
corporations in such chain.



                                      A-4


<PAGE>

                                                                 Exhibit 99.4


                                 ABOUT.COM, INC.
                1999 NON-OFFICER STOCK OPTION/STOCK ISSUANCE PLAN
                                    ADDENDUM
                                       TO
                             STOCK OPTION AGREEMENT


                  The following provisions are hereby incorporated into, and are
hereby made a part of, that certain Stock Option Agreement (the "Option
Agreement") by and between About.com, Inc. (the "Corporation") and ("Optionee")
evidencing the stock option (the "Option") granted on , _______ to Optionee
under the terms of the Corporation's 1999 Non-Officer Stock Option/Stock
Issuance Plan, and such provisions shall be effective immediately. All
capitalized terms in this Addendum, to the extent not otherwise defined herein,
shall have the meanings assigned to them in the Option Agreement.

                             INVOLUNTARY TERMINATION
                           FOLLOWING CHANGE IN CONTROL

                  1. To the extent the Option does not accelerate, in connection
with a Change in Control, the Option shall continue, over Optionee's period of
Service after the Change in Control, to become exercisable for the Option Shares
in one or more installments in accordance with the provisions of the Option
Agreement. However, immediately upon an Involuntary Termination of Optionee's
Service within twelve (12) months following such Change in Control, the Option
(or any replacement grant), to the extent outstanding at the time but not
otherwise fully exercisable, shall automatically accelerate so that the Option
shall become immediately exercisable for all the Option Shares at the time
subject to the Option and may be exercised for any or all of those shares as
fully vested shares of Common Stock.

                  2. The Option as accelerated under Paragraph 1 shall remain so
exercisable until the EARLIER of (i) the Expiration Date or (ii) the expiration
of the one (1)-year period measured from the effective date of Optionee's
Involuntary Termination.

                  3. For purposes of this Addendum, an INVOLUNTARY TERMINATION
shall mean the termination of Optionee's Service by reason of:

                           (i) Optionee's involuntary dismissal or discharge by
                  the Corporation for reasons other than Misconduct, or

                           (ii) Optionee's voluntary resignation following (A) a
                  change in Optionee's position with the Corporation (or Parent
                  or Subsidiary employing Optionee) which materially reduces
                  Optionee's duties and responsibilities, (B) a reduction in
                  Optionee's level of compensation (including base salary,
                  fringe benefits and target bonus under any performance based
                  bonus or incentive programs), or (C) a relocation of
                  Optionee's place of employment by more than fifty (50) miles,
                  provided and only if such change, reduction or relocation is
                  effected without Optionee's consent. Notwithstanding the
                  foregoing, Optionee's


<PAGE>

                  voluntary resignation following (I) a relocation shall not be
                  considered an Involuntary Termination if the relocation is
                  part of a general relocation of a significant portion of the
                  operations of the Corporation (or Parent or Subsidiary
                  employing Optionee) or of the department or division in which
                  Optionee is employed to a location in the United States and if
                  expenses reasonably incurred by Optionee in connection with
                  such relocation are to be reimbursed by the Corporation or any
                  successor entity or (II) a general reduction in the level of
                  base salary, target bonuses or fringe benefits which is
                  applied to all or substantially all of the employees of the
                  Corporation (or Parent or Subsidiary employing Optionee) in
                  connection with a cost reduction program shall not constitute
                  an Involuntary Termination. A resignation that does not
                  constitute an Involuntary Termination under clause (I) shall
                  be referred to as the "Group Relocation."

                  4. The provisions of Paragraph 2 of this Addendum shall govern
the period for which the Option is to remain exercisable following the
Involuntary Termination of Optionee's Service within twelve (12) months after
the Change in Control and shall supersede any provisions to the contrary in
Paragraph 5 of the Option Agreement.

                  5. In the event of Optionee's voluntary resignation during the
twelve (12)-month period following a Change in Control due to a Group
Relocation, then to the extent the resignation occurs during the period when the
Option is exercisable in annual installments, the Option shall, immediately
prior to such resignation, become exercisable for the number of Option Shares
determined by multiplying (i) the number of Option Shares for which the Option
is to become exercisable on the next annual exercise date by (ii) the lesser of
(A) 1 or (B) the fraction obtained by dividing the number of months elapsed from
the effective date of the Change in Control by 12.

                                ACCELERATION UPON
                                HOSTILE TAKE-OVER

                  6. Immediately prior to the effective date of a Hostile
Take-Over, the Option, to the extent outstanding at the time but not otherwise
fully exercisable, shall accelerate so that the Option shall become exercisable
for all the Option Shares at the time subject to the Option and may be exercised
for any or all of those shares as fully-vested shares of Common Stock. The
Option, as so accelerated, shall remain exercisable until the Expiration Date or
sooner termination of the option term as provided in the Option Agreement.

                  7. A Hostile Take-Over shall mean:

                           (i) the acquisition, directly or indirectly, by any
                  person or related group of persons (other than the Corporation
                  or a person that directly or indirectly controls, is
                  controlled by, or is under common control with, the
                  Corporation) of beneficial ownership (within the meaning of
                  Rule 13d-3 of the 1934 Act) of securities possessing more than
                  fifty percent (50%) of the total combined voting power of the
                  Corporation's



                                       2
<PAGE>

                  outstanding securities pursuant to a tender or exchange offer
                  made directly to the Corporation's stockholders which the
                  Board does not recommend such stockholders to accept, or

                           (ii) a change in the composition of the Board over a
                  period of thirty-six (36) consecutive months or less such that
                  a majority of the Board members ceases, by reason of one or
                  more contested elections for Board membership, to be comprised
                  of individuals who either (A) have been Board members
                  continuously since the beginning of such period or (B) have
                  been elected or nominated for election as Board members during
                  such period by at least a majority of the Board members
                  described in clause (A) who were still in office at the time
                  the Board approved such election or nomination.



                                       3


<PAGE>

                                                                    Exhibit 99.5


                                 ABOUT.COM, INC.
                            STOCK ISSUANCE AGREEMENT



                  AGREEMENT made as of this     day of            19  , by and
among About.com, Inc., a Delaware corporation and _______________________,
Participant in the Corporation's 1999 Non-Officer Stock Option/Stock Issuance
Plan.

                  All capitalized terms in this Agreement shall have the meaning
assigned to them in this Agreement or in the attached Appendix.

         A. PURCHASE OF SHARES

                  1. PURCHASE. Participant hereby purchases        shares of
Common Stock (the "Purchased Shares") pursuant to the provisions of the Stock
Issuance Program at the purchase price of $______ per share (the "Purchase
Price").

                  2. PAYMENT. Concurrently with the delivery of this Agreement
to the Corporation, Participant shall pay the Purchase Price for the Purchased
Shares in cash or check payable to the Corporation and shall deliver a
duly-executed blank Assignment Separate from Certificate (in the form attached
hereto as Exhibit I) with respect to the Purchased Shares.

                  3. ESCROW. The Corporation shall have the right to hold the
Purchased Shares in escrow until those shares have vested in accordance with the
Vesting Schedule.

                  4. STOCKHOLDER RIGHTS. Until such time as the Corporation
exercises the Repurchase Right, Participant (or any successor in interest) shall
have all the rights of a stockholder (including voting, dividend and liquidation
rights) with respect to the Purchased Shares, subject, however, to the transfer
restrictions of Article B.

         B. TRANSFER RESTRICTIONS

                  1. RESTRICTION ON TRANSFER. Except for any Permitted Transfer,
Participant shall not transfer, assign, encumber or otherwise dispose of any of
the Purchased Shares which are subject to the Repurchase Right

                  2. TRANSFEREE OBLIGATIONS. Each person (other than the
Corporation) to whom the Purchased Shares are transferred by means of a
Permitted Transfer must, as a condition precedent to the validity of such
transfer, acknowledge in writing to the Corporation that such person is bound by
the provisions of this Agreement and that the transferred shares are subject to
the Repurchase Right.

                  3. RESTRICTIVE LEGEND. The stock certificates for the
Purchased Shares shall be endorsed with the following restrictive legend:


<PAGE>

                           "The shares represented by this certificate are
         unvested and are subject to certain repurchase rights and rights of
         first refusal granted to the Corporation and accordingly may not be
         sold, assigned, transferred, encumbered, or in any manner disposed of
         except in conformity with the terms of a written agreement dated
         ________________, _______ between the Corporation and the registered
         holder of the shares (or the predecessor in interest to the shares). A
         copy of such agreement is maintained at the Corporation's principal
         corporate offices."

         C. REPURCHASE RIGHT

                  1. GRANT. The Corporation is hereby granted the right (the
"Repurchase Right"), exercisable at any time during the ninety (90)-day period
following the date Participant ceases for any reason to remain in Service, to
repurchase at the Purchase Price all or any portion of the Purchased Shares in
which Participant is not, at the time of his or her cessation of Service, vested
in accordance with the Vesting Schedule (such shares to be hereinafter referred
to as the "Unvested Shares").

                  2. EXERCISE OF THE REPURCHASE RIGHT. The Repurchase Right
shall be exercisable by written notice delivered to each Owner of the Unvested
Shares prior to the expiration of the ninety (90)-day exercise period. The
notice shall indicate the number of Unvested Shares to be repurchased and the
date on which the repurchase is to be effected, such date to be not more than
thirty (30) days after the date of such notice. The certificates representing
the Unvested Shares to be repurchased shall be delivered to the Corporation
prior to the close of business on the date specified for the repurchase.
Concurrently with the receipt of such stock certificates, the Corporation shall
pay to Owner, in cash or cash equivalents (including the cancellation of any
purchase-money indebtedness), an amount equal to the Purchase Price previously
paid for the Unvested Shares which are to be repurchased from Owner.

                  3. TERMINATION OF THE REPURCHASE RIGHT. The Repurchase Right
shall terminate with respect to any Unvested Shares for which it is not timely
exercised under Paragraph C.2. In addition, the Repurchase Right shall terminate
and cease to be exercisable with respect to any and all Purchased Shares in
which Participant vests in accordance with the following Vesting Schedule:

                           (i) Upon Participant's completion of one (1) year of
         Service measured from ______________, _______, Participant shall
         acquire a vested interest in, and the Repurchase Right shall lapse with
         respect to, twenty-five percent (25%) of the Purchased Shares.

                           (ii) Participant shall acquire a vested interest in,
         and the Repurchase Right shall lapse with respect to, the remaining
         Purchased Shares in a series of successive equal monthly installments
         upon Participant's completion of each additional month of Service over
         the thirty-six (36)-month period measured from the initial vesting date
         under subparagraph (i) above.

                                       2
<PAGE>

                  4. RECAPITALIZATION. Any new, substituted or additional
securities or other property (including cash paid other than as a regular cash
dividend) which is by reason of any Recapitalization distributed with respect to
the Purchased Shares shall be immediately subject to the Repurchase Right and
any escrow requirements hereunder, but only to the extent the Purchased Shares
are at the time covered by such right or escrow requirements. Appropriate
adjustments to reflect such distribution shall be made to the number and/or
class of Purchased Shares subject to this Agreement and to the price per share
to be paid upon the exercise of the Repurchase Right in order to reflect the
effect of any such Recapitalization upon the Corporation's capital structure;
PROVIDED, however, that the aggregate purchase price shall remain the same.

                  5. CHANGE IN CONTROL.

                           (a) Immediately prior to the consummation of any
Change in Control, the Repurchase Right shall automatically lapse in its
entirety, except to the extent the Repurchase Right is assigned to the successor
corporation (or parent thereof) or otherwise continues in full force and effect
pursuant to the terms of the Change in Control.

                           (b) To the extent the Repurchase Right remains in
effect following a Change in Control, such right shall apply to the new capital
stock or other property (including any cash payments) received in exchange for
the Purchased Shares in consummation of the Change in Control, but only to the
extent the Purchased Shares are at the time covered by such right. Appropriate
adjustments shall be made to the price per share payable upon exercise of the
Repurchase Right to reflect the effect of the Change in Control upon the
Corporation's capital structure; PROVIDED, however, that the aggregate purchase
price shall remain the same. Any capital stock or other property (including cash
payments) issued or distributed with respect to the Purchased Shares may be held
in escrow.

                           (c) The Repurchase Right may also be subject to
termination in whole or in part on an accelerated basis, and the Purchased
Shares subject to immediate vesting, in accordance with the terms of any special
Addendum attached to this Agreement.

         D. SPECIAL TAX ELECTION

                  1. SECTION 83(b) ELECTION . Under Code Section 83, the excess
of the fair market value of the Purchased Shares on the date any forfeiture
restrictions applicable to such shares lapse over the Purchase Price paid for
such shares will be reportable as ordinary income on the lapse date. For this
purpose, the term "forfeiture restrictions" includes the right of the
Corporation to repurchase the Purchased Shares pursuant to the Repurchase Right.
Participant may elect under Code Section 83(b) to be taxed at the time the
Purchased Shares are acquired, rather than when and as such Purchased Shares
cease to be subject to such forfeiture restrictions. Such election must be filed
with the Internal Revenue Service within thirty (30) days after the date of this
Agreement. Even if the fair market value of the Purchased Shares on the date of
this Agreement equals the Purchase Price paid (and thus no tax is payable), the
election must be made to avoid adverse tax consequences in the future. THE FORM
FOR MAKING THIS ELECTION IS ATTACHED AS EXHIBIT III HERETO. PARTICIPANT

                                       3
<PAGE>

UNDERSTANDS THAT FAILURE TO MAKE THIS FILING WITHIN THE APPLICABLE THIRTY
(30)-DAY PERIOD WILL RESULT IN THE RECOGNITION OF ORDINARY INCOME AS THE
FORFEITURE RESTRICTIONS LAPSE.

                  2. FILING RESPONSIBILITY. PARTICIPANT ACKNOWLEDGES THAT IT IS
PARTICIPANT'S SOLE RESPONSIBILITY, AND NOT THE CORPORATION'S, TO FILE A TIMELY
ELECTION UNDER CODE SECTION 83(b), EVEN IF PARTICIPANT REQUESTS THE CORPORATION
OR ITS REPRESENTATIVES TO MAKE THIS FILING ON HIS OR HER BEHALF.

         E. GENERAL PROVISIONS

                  1. ASSIGNMENT. The Corporation may assign the Repurchase Right
to any person or entity selected by the Board, including (without limitation)
one or more stockholders of the Corporation.

                  2. NO EMPLOYMENT OR SERVICE CONTRACT. Nothing in this
Agreement or in the Plan shall confer upon Participant any right to continue in
Service for any period of specific duration or interfere with or otherwise
restrict in any way the rights of the Corporation (or any Parent or Subsidiary
employing or retaining Participant) or of Participant, which rights are hereby
expressly reserved by each, to terminate Participant's Service at any time for
any reason, with or without cause.

                  3. NOTICES. Any notice required to be given under this
Agreement shall be in writing and shall be deemed effective upon personal
delivery or upon deposit in the U.S. mail, registered or certified, postage
prepaid and properly addressed to the party entitled to such notice at the
address indicated below such party's signature line on this Agreement or at such
other address as such party may designate by ten (10) days advance written
notice under this paragraph to all other parties to this Agreement.

                  4. NO WAIVER. The failure of the Corporation in any instance
to exercise the Repurchase Right or the First Refusal Right shall not constitute
a waiver of any other repurchase rights and/or rights of first refusal that may
subsequently arise under the provisions of this Agreement or any other agreement
between the Corporation and Participant. No waiver of any breach or condition of
this Agreement shall be deemed to be a waiver of any other or subsequent breach
or condition, whether of like or different nature.

                  5. CANCELLATION OF SHARES. If the Corporation shall make
available, at the time and place and in the amount and form provided in this
Agreement, the consideration for the Purchased Shares to be repurchased in
accordance with the provisions of this Agreement, then from and after such time,
the person from whom such shares are to be repurchased shall no longer have any
rights as a holder of such shares (other than the right to receive payment of
such consideration in accordance with this Agreement). Such shares shall be
deemed purchased in accordance with the applicable provisions hereof, and the
Corporation shall be deemed the owner and holder of such shares, whether or not
the certificates therefor have been delivered as required by this Agreement.

                                       4
<PAGE>

                  6. PARTICIPANT UNDERTAKING. Participant hereby agrees to take
whatever additional action and execute whatever additional documents the
Corporation may deem necessary or advisable in order to carry out or effect one
or more of the obligations or restrictions imposed on either Participant or the
Purchased Shares pursuant to the provisions of this Agreement.

                  7. GOVERNING LAW. This Agreement shall be governed by, and
construed in accordance with, the laws of the State of New York without resort
to that State's conflict-of-laws rules.

                  8. SUCCESSORS AND ASSIGNS. The provisions of this Agreement
shall inure to the benefit of, and be binding upon, the Corporation and its
successors and assigns and upon Participant, Participant's assigns and the legal
representatives, heirs and legatees of Participant's estate, whether or not any
such person shall have become a party to this Agreement and have agreed in
writing to join herein and be bound by the terms hereof.

                  IN WITNESS WHEREOF, the parties have executed this Agreement
on the day and year first indicated above.

                                            ABOUT.COM, INC.


                                            By:
                                               ---------------------------------
                                            Title:
                                                  ------------------------------
                                            Address:
                                                    ----------------------------

                                            ------------------------------------


                                            ------------------------------------
                                            PARTICIPANT

                                            Address:
                                                    ----------------------------

                                            ------------------------------------

                                       5
<PAGE>


                                    EXHIBIT I

                      ASSIGNMENT SEPARATE FROM CERTIFICATE


                  FOR VALUE RECEIVED ___________________ hereby sell(s),
assign(s) and transfer(s) unto About.com, Inc. (the "Corporation"),
__________________ (________) shares of the Common Stock of the Corporation
standing in his or her name on the books of the Corporation represented by
Certificate No. _________________ herewith and do(es) hereby irrevocably
constitute and appoint __________________________ Attorney to transfer the said
stock on the books of the Corporation with full power of substitution in the
premises.


Dated:  _________________



                                            Signature
                                                     ---------------------------









INSTRUCTION: Please do not fill in any blanks other than the signature line.
Please sign exactly as you would like your name to appear on the issued stock
certificate. The purpose of this assignment is to enable the Corporation to
exercise the Repurchase Right without requiring additional signatures on the
part of Participant.



<PAGE>

                                   EXHIBIT II

                           SECTION 83(B) TAX ELECTION



This statement is being made under Section 83(b) of the Internal Revenue Code,
pursuant to Treas. Reg. Section 1.83-2.

(1)      The taxpayer who performed the services is:

         Name:
         Address:
         Taxpayer Ident. No.:

(2)      The property with respect to which the election is being made is
         ______________ shares of the common stock of About.com, Inc.

(3)      The property was issued on ______________, ______.

(4)      The taxable year in which the election is being made is the calendar
         year _________.

(5)      The property is subject to a repurchase right pursuant to which the
         issuer has the right to acquire the property at the original purchase
         price if for any reason taxpayer's service with the issuer terminates.
         The issuer's repurchase right lapses in a series of installments over a
         _____________-year period ending on          , 200 .

(6)      The fair market value at the time of transfer (determined without
         regard to any restriction other than a restriction which by its terms
         will never lapse) is $ per share.

(7)      The amount paid for such property is $ ___________ per share.

(8)      A copy of this statement was furnished to About.com, Inc. for whom
         taxpayer rendered the services underlying the transfer of property.

(9) This statement is executed on ________________________, ________.




- -------------------------------------           --------------------------------
Spouse (if any)                                 Taxpayer

This election must be filed with the Internal Revenue Service Center with which
taxpayer files his or her Federal income tax returns and must be made within
thirty (30) days after the execution date of the Stock Issuance Agreement. This
filing should be made by registered or certified mail, return receipt requested.
Participant must retain two (2) copies of the completed form for filing with his
or her Federal and state tax returns for the current tax year and an additional
copy for his or her records.



<PAGE>



                                    APPENDIX



                  The following definitions shall be in effect under the
Agreement:

                  A. AGREEMENT shall mean this Stock Issuance Agreement.

                  B. BOARD shall mean the Corporation's Board of Directors.

                  C. CHANGE IN CONTROL shall mean a change in ownership or
control of the Corporation effected through any of the following transactions:

                           (i) a merger, consolidation or reorganization
         approved by the Corporation's stockholders, UNLESS securities
         representing more than fifty percent (50%) of the total combined voting
         power of the voting securities of the successor corporation are
         immediately thereafter beneficially owned, directly or indirectly and
         in substantially the same proportion, by the persons who beneficially
         owned the Corporation's outstanding voting securities immediately prior
         to such transaction,

                           (ii) any stockholder-approved transfer or other
         disposition of all or substantially all of the Corporation's assets, or

                           (iii) the acquisition, directly or indirectly by any
         person or related group of persons (other than the Corporation or a
         person that directly or indirectly controls, is controlled by, or is
         under common control with, the Corporation), of beneficial ownership
         (within the meaning of Rule 13d-3 of the 1934 Act) of securities
         possessing more than fifty percent (50%) of the total combined voting
         power of the Corporation's outstanding securities pursuant to a tender
         or exchange offer made directly to the Corporation's stockholders which
         the Board recommend such stockholders to accept.

                  D. CODE shall mean the Internal Revenue Code of 1986, as
amended.

                  E. COMMON STOCK shall mean the Corporation's common stock.

                  F. CORPORATION shall mean About.com, Inc., a Delaware
corporation.

                  G. INVOLUNTARY TERMINATION shall mean the termination of
Participant's Service which occurs by reason of:

                           (i) Participant's involuntary dismissal or discharge
         by the Corporation for reasons other than Misconduct, or

                           (ii) Participant's voluntary resignation following
         (A) a change in Participant's position with the Corporation which
         materially reduces


                                      A-1
<PAGE>

         Participant's level of responsibility, (B) a reduction in Participant's
         level of compensation (including base salary, fringe benefits and
         participation in corporate-performance based bonus or incentive
         programs) by more than fifteen percent (15%) or (C) a relocation of
         Participant's place of employment by more than fifty (50) miles,
         provided and only if such change, reduction or relocation is effected
         by the Corporation without Participant's consent.

                  H. MISCONDUCT shall mean the commission of any act of fraud,
embezzlement or dishonesty by Participant, any unauthorized use or disclosure by
Participant of confidential information or trade secrets of the Corporation (or
any Parent or Subsidiary), or any intentional wrongdoing by Participant, whether
by omission or commission, which adversely affects the business or affairs of
the Corporation (or any Parent or Subsidiary) in a material manner. The
foregoing definition shall not limit the grounds for the dismissal or discharge
of Participant or any other person in the Service of the Corporation (or any
Parent or Subsidiary).

                  I. OWNER shall mean Participant and all subsequent holders of
the Purchased Shares who derive their chain of ownership through a Permitted
Transfer from Participant.

                  J. PARENT shall mean any corporation (other than the
Corporation) in an unbroken chain of corporations ending with the Corporation,
provided each corporation in the unbroken chain (other than the Corporation)
owns, at the time of the determination, stock possessing fifty percent (50%) or
more of the total combined voting power of all classes of stock in one of the
other corporations in such chain.

                  K. PARTICIPANT shall mean the person to whom shares are issued
under the Stock Issuance Program.

                  L. PERMITTED TRANSFER shall mean (i) a gratuitous transfer of
the Purchased Shares, PROVIDED AND ONLY IF Participant obtains the Corporation's
prior written consent to such transfer, (ii) a transfer of title to the
Purchased Shares effected pursuant to Participant's will or the laws of
intestate succession following Participant's death or (iii) a transfer to the
Corporation in pledge as security for any purchase-money indebtedness incurred
by Participant in connection with the acquisition of the Purchased Shares.

                  M. PLAN shall mean the Corporation's 1999 Non-Officer Stock
Option/Stock Issuance Plan.

                  N. PLAN ADMINISTRATOR shall mean either the Board or a
committee of Board members, to the extent the committee is at the time
responsible for administration of the Plan.

                  O. PURCHASE PRICE shall have the meaning assigned to such term
in Paragraph A.1.

                  P. PURCHASED SHARES shall have the meaning assigned to such
term in Paragraph A.1.


                                      A-2
<PAGE>

                  Q. RECAPITALIZATION shall mean any stock split, stock
dividend, recapitalization, combination of shares, exchange of shares or other
change affecting the outstanding Common Stock as a class without the
Corporation's receipt of consideration.

                  R. REPURCHASE RIGHT shall mean the right granted to the
Corporation in accordance with Article C.

                  S. SEC shall mean the Securities and Exchange Commission.

                  T. SERVICE shall mean the Participant's performance of
services to the Corporation (or any Parent or Subsidiary) in the capacity of an
employee, subject to the control and direction of the employer entity as to both
the work to be performed and the manner and method of performance, a
non-employee member of the board of directors or a consultant or independent
advisor.

                  U. STOCK ISSUANCE PROGRAM shall mean the Stock Issuance
Program under the Plan.

                  V. SUBSIDIARY shall mean any corporation (other than the
Corporation) in an unbroken chain of corporations beginning with the
Corporation, provided each corporation (other than the last corporation) in the
unbroken chain owns, at the time of the determination, stock possessing fifty
percent (50%) or more of the total combined voting power of all classes of stock
in one of the other corporations in such chain.

                  W. VESTING SCHEDULE shall mean the vesting schedule specified
in Paragraph D.3, subject to the acceleration provisions upon an Involuntary
Termination following a Change in Control.

                  X. UNVESTED SHARES shall have the meaning assigned to such
term in Paragraph C.1.


                                      A-3

<PAGE>

                                                                    Exhibit 99.6


                                 ABOUT.COM, INC.
                1999 NON-OFFICER STOCK OPTION/STOCK ISSUANCE PLAN
                                    ADDENDUM
                                       TO
                            STOCK ISSUANCE AGREEMENT

                  The following provisions are hereby incorporated into, and are
hereby made a part of, that certain Stock Issuance Agreement dated
(the "Issuance Agreement") by and between About.com, Inc. (the "Corporation")
and                        ("Participant") evidencing the stock issuance on such
date to Participant under the terms of the Corporation's 1999 Non-Officer
Stock Option/Stock Issuance Plan, and such provisions shall be effective
immediately. All capitalized terms in this Addendum, to the extent not
otherwise defined herein, shall have the meanings assigned to such terms in
the Issuance Agreement.

                             INVOLUNTARY TERMINATION
                           FOLLOWING CHANGE IN CONTROL

                  1. To the extent the Repurchase Right is assigned to the
successor entity (or parent company) or otherwise continues in full force effect
and in connection with a Change in Control, no accelerated vesting of the
Purchased Shares shall occur upon such Change in Control, and the Repurchase
Right shall continue to remain in effect in accordance with the provisions of
the Issuance Agreement. The Participant shall, over Participant's period of
Service following the Change in Control, continue to vest in the Purchased
Shares in one or more installments in accordance with the provisions of the
Issuance Agreement.

                  2. Immediately upon an Involuntary Termination of
Participant's Service within twelve (12) months following the Change in Control,
the Repurchase Right shall terminate automatically and all the Purchased Shares
shall vest in full.

                  3. For purposes of this Addendum, the following definitions
shall be in effect:

                     An INVOLUNTARY TERMINATION shall mean the termination of
Participant's Service by reason of:

                           (i) Participant's involuntary dismissal or discharge
         by the Corporation for reasons other than Misconduct, or

                           (ii) Participant's voluntary resignation following
         (A) a change in Participant's position with the Corporation (or Parent
         or Subsidiary employing Participant) which materially reduces
         Participant's level of responsibility, (B) a reduction in Participant's
         level of compensation (including base salary, fringe benefits and
         target bonus under any performance based bonus or incentive programs)
         by more than fifteen percent (15%) or (C) a relocation of Participant's
         place of employment by more than fifty (50) miles, provided and only if
         such change, reduction or relocation is effected by the Corporation
         without Participant's consent.


<PAGE>

                  MISCONDUCT shall mean the commission of any act of fraud,
embezzlement or dishonesty by the Participant, any unauthorized use or
disclosure by the Participant of confidential information or trade secrets of
the Corporation (or any Parent or Subsidiary), or any intentional wrongdoing by
Participant, whether by omission or commission, which adversely affects the
business or affairs of the Corporation (or any Parent or Subsidiary) in a
material manner. The foregoing definition shall not limit the grounds for the
dismissal or discharge of the Participant or other person in the Service of the
Corporation (or any Parent or Subsidiary).

                  IN WITNESS WHEREOF, About.com, Inc. has caused this Addendum
to be executed by its duly-authorized officer as of the Effective Date specified
below.

                                          ABOUT.COM, INC.


                                          By:
                                             --------------------------------

                                          Title:
                                                -----------------------------


EFFECTIVE DATE:  ______________, _______






                                       2





© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission