SMARTVIDEO TECHNOLOGIES, INC. INCENTIVE STOCK OPTION AGREEMENTIncentive Stock Option Agreement • September 27th, 2006 • Smart Video Technologies Inc • Services-business services, nec
Upon consummation of any Change in Control, the Plan and any outstanding portion of the option that remains unexercised shall terminate. Notwithstanding the foregoing, to the extent provision is made in writing in connection with such Change in Control for the continuation of the Plan and the assumption of options under the Plan theretofore granted, or for the substitution for such options of new options covering the stock of a successor company, or a parent or a subsidiary thereof, with appropriate adjustments as to the number and kinds of shares or units and exercise prices, then the Plan and the option granted hereunder shall continue in the manner and under the terms so provided, and the acceleration and termination provisions set forth in this Section 3 shall be of no effect. The Company will send written notice of a Change in Control to the Employee not later than a time at which the Company gives notice thereof to its stockholders.
Non-Qualified Stock Option AgreementNon-Qualified Stock Option Agreement • September 27th, 2006 • Smart Video Technologies Inc • Services-business services, nec • Delaware
SmartVideo Technologies, Inc., a Delaware corporation (the “Company”), hereby grants this «Day_of_Grant» day of «Month_of_Grant», «Year_of_Grant» to «First_Name» «Last_Name» (“Employee”), an option to purchase a maximum of «Shares_Granted» shares of the Company’s common stock, par value $.001 per share, at the price of «Exercise_Price» per share (“Option Price”), on the following terms and conditions:
August 22, 2006 Mr. Joseph S. Johnson TRANSMITTED VIA E-MAIL Dear Mr. Johnson:Smart Video Technologies Inc • September 27th, 2006 • Services-business services, nec
This letter is to confirm an agreement reached between you and SmartVideo™ Technologies, Inc. (“SmartVideo” or “the Company”) with regard to an $80,000 loan which you made to the Company for the funding of Zio Interactive games, as well as certain consulting services provided to the Company.
MASTER CONSULTING AGREEMENTMaster Consulting Agreement • September 27th, 2006 • Smart Video Technologies Inc • Services-business services, nec • Georgia
CONSULTANT shall report directly to the President of the Company and his designee(s), including but not limited to, the Senior Vice President of Business Development, the Senior Vice President of Content and the Chief Engineer. Only these individuals will have the authority to provide direction to the Consultant, including travel and scope of work.
