OPTION AGREEMENT (NONSTATUTORY STOCK OPTION)Option Agreement • September 21st, 2006 • Ditech Networks Inc • Telephone & telegraph apparatus
Contract Type FiledSeptember 21st, 2006 Company IndustryPursuant to your Option Grant Notice (“Grant Notice”) and this Option Agreement, Ditech Networks, Inc. (the “Company”) has granted you an option under its 2006 Equity Incentive Plan (the “Plan”) to purchase the number of shares of the Company’s Common Stock indicated in your Grant Notice at the exercise price indicated in your Grant Notice. Defined terms not explicitly defined in this Option Agreement but defined in the Plan shall have the same definitions as in the Plan.