0001104659-03-009627 Sample Contracts

K-TEL INTERNATIONAL, INC. NON-QUALIFIED STOCK OPTION AGREEMENT OUTSIDE THE 1997 STOCK OPTION PLAN
Non-Qualified Stock Option Agreement • May 14th, 2003 • K Tel International Inc • Phonograph records & prerecorded audio tapes & disks • Minnesota

THIS AGREEMENT, made and entered into as of November 27, 2002, between K-tel International, Inc., a Minnesota corporation (herein called the “Company”) and (herein called the “Optionee”).

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