Incentive Stock Option AgreementIncentive Stock Option Agreement • December 18th, 2006 • InfoSearch Media, Inc. • Services-business services, nec • Delaware
Contract Type FiledDecember 18th, 2006 Company Industry JurisdictionThe grant of this option is made pursuant to the MAC Worldwide, Inc. (predecessor to the Company) 2004 Stock Option Plan (the “Plan”), as amended as of December 12, 2006. This Stock Option is intended to qualify as an “incentive stock option” under Section 422 of the Internal Revenue Code of 1986, as amended. The terms of the Plan are incorporated into this letter and in the case of any conflict between the Plan and this letter, the terms of the Plan shall control. Unless otherwise noted, capitalized terms shall have the meaning assigned to them in the Plan.