0000950152-05-009452 Sample Contracts

STOCK OPTION AGREEMENT (Director Option — 2004 Stock Incentive Plan)
Stock Option Agreement • November 21st, 2005 • Airnet Systems Inc • Air transportation, scheduled • Ohio

This STOCK OPTION AGREEMENT (this “AGREEMENT”) is made to be effective as of July 20, 2005 (the “GRANT DATE”), by and between AirNet Systems, Inc., an Ohio corporation (the “COMPANY”), and ___(the “OPTIONEE”).

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