0001015402-05-003450 Sample Contracts

OPTION AGREEMENT
Option Agreement • July 18th, 2005 • Ift Corp • Patent owners & lessors

THE BOARD OF DIRECTORS of IFT Corporation authorized and approved the Equity Incentive Plan ("Plan"). The Plan provides for the grant of Options to employees of IFT Corporation and its subsidiaries (“Company”). Unless otherwise provided herein all defined terms shall have the respective meanings ascribed to them under the Plan.

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OPTION AGREEMENT
Option Agreement • July 18th, 2005 • Ift Corp • Patent owners & lessors

THE BOARD OF DIRECTORS of IFT Corporation authorized and approved the Equity Incentive Plan ("Plan"). The Plan provides for the grant of Options to employees of IFT Corporation and its subsidiaries (“Company”). Unless otherwise provided herein all defined terms shall have the respective meanings ascribed to them under the Plan.

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