AMENDED EMPLOYMENT AGREEMENTEmployment Agreement • October 31st, 2006 • Efj Inc • Radio & tv broadcasting & communications equipment
This amendment to the Employment Agreement (the “Employment Agreement”) is entered into as of this 26th day of October, 2006, between Massoud Safavi (the “Employee”) and EFJ, Inc. (the “Company”).
EFJ, Inc. NON-STATUTORY STOCK OPTION AGREEMENTNon-Statutory Stock Option Agreement • October 31st, 2006 • Efj Inc • Radio & tv broadcasting & communications equipment • Texas
This Non-Statutory Stock Option Agreement (this “Agreement”), effective as of , 200_, made by and between EFJ, Inc., a Delaware corporation (the “Company”), and the individual named below (“Optionee”). This Agreement is made pursuant to the terms and conditions of the 2005 Omnibus Incentive Compensation Plan (the “Plan”), a copy of which is attached to this Agreement as Exhibit A, and the provisions of which are incorporated into this Agreement by reference. In the event of any conflict between this Agreement and the Plan, the terms of the Plan shall govern. The Option is intended to be an non-statutory stock option within the meaning of the Internal Revenue Code of 1986, as amended (the “Code”).
EFJ, INC. INCENTIVE STOCK OPTION AGREEMENTIncentive Stock Option Agreement • October 31st, 2006 • Efj Inc • Radio & tv broadcasting & communications equipment • Texas
This Incentive Stock Option Agreement (the “Agreement”), effective as of , 200_, made by and between EFJ, Inc., a Delaware corporation (the “Company”), and the individual named below (“Optionee”). This Agreement is made pursuant to the terms and conditions of the 2005 Omnibus Incentive Compensation Plan (the “Plan”), a copy of which is attached to this Agreement as Exhibit A, and the provisions of which are incorporated into this Agreement by reference. In the event of any conflict between this Agreement and the Plan, the terms of the Plan shall govern. The Option is intended to be an incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”).
