0001104659-06-062622 Sample Contracts

SRS LABS, INC. 2006 STOCK INCENTIVE PLAN
Restricted Share Unit Award Agreement • September 22nd, 2006 • SRS Labs Inc • Semiconductors & related devices • Delaware

You are hereby awarded Restricted Share Units (the “RSUs”) subject to the terms and conditions set forth in this Restricted Share Unit Award Agreement (“Award Agreement”), and in the SRS Labs, Inc. 2006 Stock Incentive Plan (the “Plan”), which is attached as Exhibit A. You should carefully review these documents, and consult with your personal financial advisor, in order to fully understand the implications of this Award Agreement, including your tax alternatives and their consequences.

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Restricted Share Award Agreement
Restricted Share Award Agreement • September 22nd, 2006 • SRS Labs Inc • Semiconductors & related devices • Delaware

You are hereby awarded Restricted Shares subject to the terms and conditions set forth in this Restricted Share Award Agreement (“Award Agreement” or “Award”), and in the SRS Labs, Inc. 2006 Stock Incentive Plan (the “Plan”), which is attached as Exhibit A. You should carefully review these documents, and consult with your personal financial advisor, in order to fully understand the implications of this Award, including your tax alternatives and their consequences.

SRS LABS, INC. 2006 STOCK INCENTIVE PLAN SAR Award Agreement
Sar Award Agreement • September 22nd, 2006 • SRS Labs Inc • Semiconductors & related devices • Delaware

You (the “Participant”) are hereby awarded Share Appreciation Rights subject to the terms and conditions set forth in this agreement (the “Award Agreement” or “Award”) and in the SRS Labs, Inc. 2006 Stock Incentive Plan (“Plan”). A copy of the Plan is attached as Exhibit A. You should carefully review these documents, and consult with your personal financial advisor, before exercising this Award. This Award is conditioned on your execution of this Award Agreement.

SRS LABS, INC. Stock Option Award Agreement
Stock Option Award Agreement • September 22nd, 2006 • SRS Labs Inc • Semiconductors & related devices • Delaware

You are hereby awarded the following stock option (the “Option”) to purchase Shares of SRS Labs, Inc. (the “Company”), subject to the terms and conditions set forth in this Stock Option Award Agreement (the “Award Agreement”) and in the SRS Labs, Inc. 2006 Stock Incentive Plan (the “Plan”), which is attached hereto as Exhibit A. You should carefully review these documents, and consult with your personal financial advisor, before exercising this Option.

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