0001104659-07-021710 Sample Contracts

Evolving Systems, Inc. Non-Qualified Stock Option Option Agreement March 12, 2007
Option Agreement • March 23rd, 2007 • Evolving Systems Inc • Services-computer programming services

Evolving Systems, Inc. (the “Company”), pursuant to the James E. King Equity Incentive Plan (the “Plan”), has this day granted to you, the optionee named above (“Optionee”), options (the “Options”) to purchase shares of the common stock of the Company (“Common Stock”). The Options are not intended to qualify and will not be treated as an “incentive stock option” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”).

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