Stock Option Exchange Agreement Sample Contracts

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STOCK OPTION EXCHANGE AGREEMENT
Stock Option Exchange Agreement • July 3rd, 2006 • Dirt Motor Sports, Inc. • Services-racing, including track operation

This Exchange Agreement (this “Agreement”) is dated as of June 30, 2006, by and among Dirt Motor Sports, Inc., a Delaware corporation, successor to Boundless Motor Sports Racing Inc., a Colorado corporation (the “Company”), and Joe Dickey, the holder of stock options to purchase shares of the Company’s Common Stock (the “Holder”).

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