0001193125-03-008475 Sample Contracts

AMENDMENT TO STOCK OPTION AGREEMENT
Stock Option Agreement • June 5th, 2003 • Idt Corp • Telephone communications (no radiotelephone)

WHEREAS, the Company and Executive have entered into a Stock Option Agreement dated as of , (the “Agreement”) pursuant to which Executive originally had the right to purchase shares of the Company’s common stock, par value $.01 per share (“Common Stock”);

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FORM OF IDT CORPORATION STOCK OPTION AGREEMENT CLASS B COMMON STOCK
Stock Option Agreement • June 5th, 2003 • Idt Corp • Telephone communications (no radiotelephone) • Delaware

This STOCK OPTION AGREEMENT (this “Agreement”) is entered into as of , 2002, by and between IDT Corporation, a Delaware corporation (the “Company”), and «FIRST_NAME» «LAST_NAME» (the “Employee”).

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