**Exhibit 10.4**

**OPTIUM CORPORATION**

**EmployeeNotice of Grant of Non-Qualified Stock Option**

EitanGertel (the “*Optionee*”) has been grantedan option (the “*Option*”) topurchase certain shares of Optium Corporation****commonstock (the “*Stock*”) pursuant to the OptiumCorporation 2006 Stock Option and Incentive Plan, as amended (the “*Plan*”), as follows:
| **Grant Date:**                       | March 3, 2007     |
|---------------------------------------|-------------------|
| ** **                            |              |
| **Number  of Option Shares:**         | 113,500           |
| ** **                            |              |
| **Option  Exercise Price per Share:** | $20.85            |
| ** **                            |              |
| **Expiration  Date:**                 | February 28, 2017 |
| ** **                            |              |
| **Tax  Status of Option:**            | Non-Qualified     |

 

**Vested Shares:** Except asprovided in Stock Option Agreement, and provided that the Optionee’s employmentby the Company or any of its subsidiaries has not terminated prior to anyapplicable vesting date, the shares will vest 25% on March 1, 2008 and 2.08%monthly thereafter with the final vesting occurring on March 1, 2011. Fractionalshares are not exercisable until fractional shares equal a whole share. Inaddition, there shall be acceleration of vesting of (i) 25% of original grant(or 100% of remaining unvested portion is less) following termination withoutCause or Constructive Termination (each term as defined in Optionee’sEmployment Agreement with the Company) prior to an Acquisition (as defined inthe Plan) and (ii) 100% of remaining unvested portion following terminationwithout Cause or Constructive Termination (within one year of an Acquisition.

By their signaturesbelow, the Company and the Optionee agree that the Option is governed by thisNotice and by the provisions of the Plan and the Non-Qualified Stock OptionOption Agreement, both of which are attached to and made a part of thisdocument. The Optionee acknowledges receipt of a copy of the Plan and theOption Agreement, represents that the Optionee has read and is familiar withtheir provisions, and hereby accepts the Option subject to all of their termsand conditions. In the event that there is a conflict between the OptionAgreement and this Notice, the terms of Option Agreement shall govern. ThisNotice may be executed in two or more counterparts, each of which shall bedeemed an original, but all of which shall constitute one and the samedocument.

| **OPTIUM CORPORATION** |                  |                    |   |                  |
|------------------------|-----------------------|-------------------------|--------|-----------------------|
|                   |                  |                    |   |                  |   |   |   |
|                   |                  |                    |   |                  |   |   |   |
| By:                    | /s/ David Renner |                    | By:    | /s/ Eitan Gertel |   |
|                   | Name:                 | David Renner            |   |                  | Eitan Gertel |   |   |
|                   | Title:                | Chief Financial Officer |   |                  |   |   |   |
|                   | Address:              | 200 Precision Road      |   |                  |   |   |   |
|                   |                  | Horsham, PA 19044       |   |                  |   |   |   |
|                        |                       |                         |        |                       |  |  |  |  |  |  |  |

 

ATTACHMENTS:                                             OptiumCorporation 2006 Stock Option and Incentive Plan, as amended through the GrantDate, the Option Agreement, Plan Information Statement and IPO Final Prospectus

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