0001104659-07-053893 Sample Contracts

FORM OF AMENDMENT TO STOCK OPTION AGREEMENT iBASIS, INC. AMENDMENT TO STOCK OPTION AGREEMENTS
Stock Option Agreement • July 13th, 2007 • Ibasis Inc • Telephone communications (no radiotelephone)

WHEREAS, iBasis, Inc. (the “Company”) and [NAME] (the “Optionee”) are parties to certain stock option agreements (“Agreements”) granting Optionee options (the “Options”) to purchase shares of the Company’s common stock subject to the terms of the iBasis, Inc. Amended and Restated 1997 Stock Incentive Plan, as amended.

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NONQUALIFIED STOCK OPTION AGREEMENT
Nonqualified Stock Option Agreement • July 13th, 2007 • Ibasis Inc • Telephone communications (no radiotelephone) • Delaware

iBasis, Inc. (the “Company”), a Delaware corporation, hereby grants, effective as of “Date” (the “Effective Date”), to “Name” (the “Optionee”) the right and option (the “Option”) to purchase up to “Number” shares of its Common Stock, $0.001 par value, at a price of $ per share, subject to the following terms and conditions.

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