0001096906-08-001239 Sample Contracts

EMPLOYEE STOCK GRANT AGREEMENT June 26, 2007
Employee Stock Grant Agreement • June 26th, 2008 • Fonix Corp • Telephone communications (no radiotelephone) • Utah

WHEREAS, the Board of Directors of Fonix Corporation, a Delaware corporation (the “ Company ”), has determined that the grant of shares of the Company’s Series A Common Stock to Leo Davis(the “Employee”) in recognition and appreciation of services previously performed by the Employee on behalf of the Company is an effective means to align management interest with stockholder interests;

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A G R E E M E N T
Fonix Corp • June 26th, 2008 • Telephone communications (no radiotelephone) • Utah

This Agreement is made this __ day of June, 2008, by and between Steven G. Jones , whose address is ______________________________Salt Lake City, Utah ., hereinafter referred to as the "Consultant", and Fonix Corporation, a Delaware corporation, whose principal place of business is located at 387 South 520 West Suite 110, Lindon, UT 84042 , hereinafter referred to as "Company" or “Fonix.”

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