0001169232-05-001123 Sample Contracts

STOCK OPTION AGREEMENT Board of Directors
Stock Option Agreement • February 22nd, 2005 • Learning Care Group, Inc • Services-child day care services

Pursuant to the Childtime Learning Centers, Inc. 2003 Equity Compensation Plan (the “2003 Plan”): Childtime Learning Centers, Inc. (the “Corporation”), the Corporation hereby grants you an option (the “Option”) to purchase ____ shares of the Common Stock of the Corporation (collectively, the “Shares”) at $_____per share, upon the terms and conditions contained in this Agreement and in the 2003 Plan, a copy of which is attached hereto and made a part hereof. The date of this grant was _____ and the share price of $ ____is equal to the closing price of the Corporation’s common stock on NASDAQ on that date.

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PERFORMANCE SHARE RIGHTS AGREEMENT
Performance Share Rights Agreement • February 22nd, 2005 • Learning Care Group, Inc • Services-child day care services

Pursuant to the Childtime Learning Centers, Inc. 2003 Equity Compensation Plan (the “2003 Plan”) of Childtime Learning Centers, Inc. (the “Corporation”), the Corporation hereby grants you the right (the “Right”) to receive ____ shares of the Common Stock of the Corporation (collectively, the “Shares”), upon the terms and conditions contained in this Agreement and in the 2003 Plan, a copy of which is attached hereto and made a part hereof. The date of this grant is _______.

STOCK OPTION AGREEMENT
Stock Option Agreement • February 22nd, 2005 • Learning Care Group, Inc • Services-child day care services

Pursuant to the Childtime Learning Centers, Inc. 2003 Equity Compensation Plan (the “2003 Plan”): Childtime Learning Centers, Inc. (the “Corporation”), the Corporation hereby grants you an option (the “Option”) to purchase _____ shares of the Common Stock of the Corporation (collectively, the “Shares”) at $___ per share, upon the terms and conditions contained in this Agreement and in the 2003 Plan, a copy of which is attached hereto and made a part hereof. The date of this grant was ______ and the share price of $____ is equal to the closing price of the Corporation’s common stock on NASDAQ on that date.

STOCK OPTION AGREEMENT
Stock Option Agreement • February 22nd, 2005 • Learning Care Group, Inc • Services-child day care services

Pursuant to the 1995 Stock Incentive Plan for Key Employees, (the “1995 Plan) of Childtime Learning Centers, Inc. (the “Corporation”), the Corporation hereby grants you an option (the “Option”) to purchase ____ shares of the Common Stock of the Corporation (collectively, the “Shares”) at $____ per share, upon the terms and conditions contained in this Agreement and in the 1995 Plan, a copy of which is attached hereto and made a part hereof. The date of this grant was ______ and the share price of $____ is equal to the closing price of the Company’s common stock on NASDAQ on this date.

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