Document:

f1012ga1ex10i_ctm.htm

    

     

    Exhibit
10.1

     

    
      THIS IS A
FORM STOCK OPTION AND INCENTIVE PLAN AND HAS NOT YET BEEN ADOPTED BY CTM MEDIA
HOLDINGS, INC.’S BOARD OF DIRECTORS AND STOCKHOLDER

       

    

    CTM
MEDIA HOLDINGS, INC.

    2009
STOCK OPTION AND INCENTIVE PLAN

     

     

    1. Purpose;
Types of Awards; Construction.

     

    The
purpose of the CTM Media Holdings, Inc. 2009 Stock Option and Incentive Plan
(the “Plan”) is to provide incentives to executive officers, employees,
directors and consultants of CTM Media Holdings, Inc. (the “Company”), or any
subsidiary of the Company which now exists or hereafter is organized or acquired
by the Company, to acquire a proprietary interest in the Company, to continue as
officers, employees, directors or consultants, to increase their efforts on
behalf of the Company and to promote the success of the Company’s business. The
provisions of the Plan are intended to satisfy the requirements of Section 16(b)
of the Securities Exchange Act of 1934, as amended, and of Section 162(m) of the
Internal Revenue Code of 1986, as amended, and shall be interpreted in a manner
consistent with the requirements thereof.

     

    2. Definitions.

     

    As used
in this Plan, the following words and phrases shall have the meanings
indicated:

     

    (a) “Agreement”
shall mean a written agreement entered into between the Company and a Grantee in
connection with an award under the Plan.

     

    (b) “Board”
shall mean the Board of Directors of the Company.

     

    (c) “Change
in Control” means a change in ownership or control of the Company effected
through either of the following:

     

    (i) any
“person,” as such term is used in Sections 13(d) and 14(d) of the Exchange Act
(other than (A) the Company, (B) any trustee or other fiduciary holding
securities under an employee benefit plan of the Company, (C) any corporation or
other entity owned, directly or indirectly, by the stockholders of the Company
in substantially the same proportions as their ownership of common stock, or (D)
any person who, immediately prior to the Initial Public Offering, owned more
than 25% of the combined voting power of the Company’s then outstanding voting
securities), is or becomes the “beneficial owner” (as defined in Rule 13d-3
under the Exchange Act), directly or indirectly, of securities of the Company
(not including in the securities beneficially owned by such person any
securities acquired directly from the Company or any of its affiliates other
than in connection with the acquisition by the Company or its affiliates of a
business) representing 25% or more of the combined voting power of the Company’s
then outstanding voting securities; or

     

    (ii) during
any period of not more than two consecutive years, not including any period
prior to the initial adoption of this Plan by the Board, individuals who at the
beginning of such period constitute the Board, and any new director (other than
a director whose initial assumption of office is in connection with an actual or
threatened election contest, including, but not limited to a consent
solicitation, relating to the election of directors of the Company) whose
election by the Board or nomination for election by the Company’s stockholders
was approved by a vote of at least two-thirds (2/3) of the directors then still
in office who either were directors at the beginning of the period or whose
election or nomination for election was previously so approved, cease for any
reason to constitute at least a majority thereof.

     

    (d) “Class A
Common Stock” shall mean shares of Class A Common Stock, par value $.01 per
share, of the Company.

     

    (e) “Class B
Common Stock” shall mean shares of Class B  Common Stock, par value
$.01 per share, of the Company.

     

    (f) “Code”
shall mean the Internal Revenue Code of 1986, as amended from time to
time.

     

     

    
      
        
        

      

      
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    (g) “Committee”
shall mean the Compensation Committee of the Board or such other committee as
the Board may designate from time to time to administer the Plan.

     

    (h) “Common
Stock” shall mean shares of Common Stock, par value $.01 per share, of the
Company.

     

    (i) “Company”
shall mean CTM Media Holdings, Inc., a corporation incorporated under the laws
of the State of Delaware, or any successor corporation.

     

    (j) “Continuous
Service” means that the provision of services to the Company or a Related Entity
in any capacity of officer, employee, director or consultant is not interrupted
or terminated. Continuous Service shall not be considered interrupted in the
case of (i) any approved leave of absence, (ii) transfers between locations of
the Company or among the Company, any Related Entity or any successor in any
capacity of officer, employee, director or consultant, or (iii) any change in
status as long as the individual remains in the service of the Company or a
Related Entity in any capacity of officer, employee, director or consultant
(except as otherwise provided in the applicable Agreement). An approved leave of
absence shall include sick leave, maternity leave, military leave (including
without limitation service in the National Guard or the Army Reserves) or any
other personal leave approved by the Committee. For purposes of Incentive Stock
Options, no such leave may exceed ninety (90) days unless reemployment upon
expiration of such leave is guaranteed by statute or contract.

     

    (k) “Corporate
Transaction” means any of the following transactions:

     

    (i) a merger
or consolidation of the Company with any other corporation or other entity,
other than (A) a merger or consolidation which would result in the voting
securities of the Company outstanding immediately prior thereto continuing to
represent (either by remaining outstanding or by being converted into voting
securities of the surviving or parent entity) 80% or more of the combined voting
power of the voting securities of the Company or such surviving or parent entity
outstanding immediately after such merger or consolidation or (B) a merger or
consolidation effected to implement a recapitalization of the Company (or
similar transaction) in which no “person” (as defined in the Exchange Act)
acquired 25% or more of the combined voting power of the Company’s then
outstanding securities; or

     

    (ii) a plan of
complete liquidation of the Company or an agreement for the sale or disposition
by the Company of all or substantially all of its assets (or any transaction
having a similar effect).

     

    (l) “Deferred
Stock Units” mean a Grantee’s rights to receive shares of  Class A
Common Stock or Class B Common Stock, as applicable, on a deferred basis,
subject to such restrictions, forfeiture provisions and other terms and
conditions as shall be determined by the Committee.

     

    (m) “Disability”
shall mean a Grantee’s inability to perform his or her duties with the Company
or any of its affiliates by reason of any medically determinable physical or
mental impairment, as determined by a physician selected by the Grantee and
acceptable to the Company.

     

    (n) “Exchange
Act” shall mean the Securities Exchange Act of 1934, as amended from time to
time.

     

    (o) “Fair
Market Value” per share as of a particular date shall mean (i) the closing sale
price per share of Class A Common Stock or Class B Common Stock, as applicable,
on the national securities exchange on which the Class A Common Stock or Class B
Common Stock, as applicable, is principally traded for the last preceding date
on which there was a sale of such Class A Common Stock or Class B Common Stock,
as applicable, on such exchange, or (ii) if the shares of Class A Common Stock
or Class B Common Stock, as applicable, are then traded in an over-the-counter
market, the average of the closing bid and asked prices for the shares of Class
A Common Stock or Class B Common Stock, as applicable, in such over-the-counter
market for the last preceding date on which there was a sale of such Class A
Common Stock or Class B Common Stock, as applicable, in such market, or (iii) if
the shares of Class A Common Stock or Class B Common Stock, as applicable, are
not then listed on a national securities exchange or traded in an
over-the-counter market, such value as the Committee, in its sole discretion,
shall determine.

     

     

    
      
        
        

      

      
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    (p) “Grantee”
shall mean a person who receives a grant of Options, Stock Appreciation Rights,
Limited Rights, Deferred Stock Units or Restricted Stock under the
Plan.

     

    (q) “Incentive
Stock Option” shall mean any option intended to be, and designated as, an
incentive stock option within the meaning of Section 422 of the
Code.

     

    (r) “Insider”
shall mean a Grantee who is subject to the reporting requirements of Section
16(a) of the Exchange Act.

     

    (s) “Insider
Trading Policy” shall mean the Insider Trading Policy of the Company, as may be
amended from time to time.

     

    (t) “Limited
Right” shall mean a limited stock appreciation right granted pursuant to Section
10 of the Plan.

     

    (u) “Nonqualified
Stock Option” shall mean any option not designated as an Incentive Stock
Option.

     

    (v) “Option”
or “Options” shall mean a grant to a Grantee of an option or options to purchase
shares of Class A Common Stock or Class B Common Stock, as
applicable,.

     

    (w) “Option
Agreement” shall have the meaning set forth in Section 6 of the
Plan.

     

    (x) “Option
Price” shall mean the exercise price of the shares of Class A Common Stock or
Class B Common Stock, as applicable, covered by an Option.

     

    (y) “Parent”
shall mean any company (other than the Company) in an unbroken chain of
companies ending with the Company if, at the time of granting an award under the
Plan, each of the companies other than the Company owns stock possessing fifty
percent (50%) or more of the total combined voting power of all classes of stock
in one of the other companies in such chain.

     

    (z) “Plan”
means this CTM Media Holdings, Inc. 2009 Stock Option and Incentive Plan, as
amended or restated from time to time.

     

    (aa) “Related
Entity” means any Parent, Subsidiary or any business, corporation, partnership,
limited liability company or other entity in which the Company, a Parent or a
Subsidiary holds a substantial ownership interest, directly or
indirectly.

     

    (bb) “Related
Entity Disposition” means the sale, distribution or other disposition by the
Company of all or substantially all of the Company’s interest in any Related
Entity effected by a sale, merger or consolidation or other transaction
involving such Related Entity or the sale of all or substantially all of the
assets of such Related Entity.

     

    (cc) “Restricted
Period” shall have the meaning set forth in Section 11(b) of the
Plan.

     

    (dd) “Restricted
Stock” means shares of Class A Common Stock or Class B Common Stock, as
applicable, issued under the Plan to a Grantee for such consideration, if any,
and subject to such restrictions on transfer, rights of refusal, repurchase
provisions, forfeiture provisions and other terms and conditions as shall be
determined by the Committee.

     

    (ee) “Retirement”
shall mean a Grantee’s retirement in accordance with the terms of any
tax-qualified retirement plan maintained by the Company or any of its affiliates
in which the Grantee participates.

     

    (ff) “Rule
16b-3” shall mean Rule 16b-3, as from time to time in effect, promulgated under
the Exchange Act, including any successor to such Rule.

     

    (gg) “Stock
Appreciation Right” shall mean the right, granted to a Grantee under Section 9
of the Plan, to be paid an amount measured by the appreciation in the Fair
Market Value of a share of Class A Common Stock or Class B Common Stock, as
applicable, from the date of grant to the date of exercise of the right, with
payment to be made in cash or Class A Common Stock or Class B Common Stock, as
applicable,, as specified in the award or determined by the
Committee.

     

     

    
      
        
        

      

      
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    (hh) “Subsidiary”
shall mean any company (other than the Company) in an unbroken chain of
companies beginning with the Company if each of the companies other than the
last company in the unbroken chain owns stock possessing fifty percent (50%) or
more of the total combined voting power of all classes of stock in one of the
other companies in such chain.

     

    (ii) “Tax
Event” shall have the meaning set forth in Section 17 of the Plan.

     

    (jj) “Ten
Percent Stockholder” shall mean a Grantee who at the time an Incentive Stock
Option is granted, owns stock possessing more than ten percent (10%) of the
total combined voting power of all classes of stock of the Company or any Parent
or Subsidiary.

     

    3. Administration.

     

    (a) The Plan
shall be administered by the Committee, the members of which may be composed of
(i) “non-employee directors” under Rule 16b-3 and “outside directors” under
Section 162(m) of the Code, or (ii) any other members of the Board.

     

    (b) The
Committee shall have the authority in its discretion, subject to and not
inconsistent with the express provisions of the Plan, to administer the Plan and
to exercise all the powers and authorities either specifically granted to it
under the Plan or necessary or advisable in the administration of the Plan,
including, without limitation, the authority to grant Options, Stock
Appreciation Rights, Limited Rights, Deferred Stock Units and Restricted Stock;
to determine which options shall constitute Incentive Stock Options and which
Options shall constitute Nonqualified Stock Options; to determine which Options
(if any) shall be accompanied by Limited Rights; to determine the purchase price
of the shares of Class A Common Stock or Class B Common Stock, as applicable,
covered by each Option; to determine the persons to whom, and the time or times
at which awards shall be granted; to determine the number of shares to be
covered by each award; to interpret the Plan and any award under the Plan; to
reconcile any inconsistent terms in the Plan or any award under the Plan; to
prescribe, amend and rescind rules and regulations relating to the Plan; to
determine the terms and provisions of the Agreements (which need not be
identical) and to cancel or suspend awards, as necessary; and to make all other
determinations deemed necessary or advisable for the administration of the
Plan.

     

    (c) All
decisions, determination and interpretations of the Committee shall be final and
binding on all Grantees of any awards under this Plan. No member of the Board or
Committee shall be liable for any action taken or determination made in good
faith with respect to the Plan or any award granted hereunder.

     

    (d) The
Committee may delegate to one or more executive officers of the Company the
authority to (i) grant awards under the Plan to employees of the Company and its
Subsidiaries who are not officers or directors of the Company, (ii) execute and
deliver documents or take such other ministerial actions on behalf of the
Committee with respect to awards and (iii) to make interpretations of the Plan.
The grant of authority in this Section 3(d) shall be subject to such conditions
and limitations as may be determined by the Committee. If the Committee
delegates authority to any such executive officer or executive officers of the
Company pursuant to this Section 3(d), and such executive officer or executive
officers grant awards pursuant to such delegated authority, references in this
Plan to the “Committee” as they relate to such awards shall be deemed to refer
to such executive officer or executive officers, as applicable.

     

    4. Eligibility.

     

    Awards
may be granted to executive officers, employees, directors and consultants of
the Company or of any Subsidiary. In determining the persons to whom awards
shall be granted and the number of shares to be covered by each award, the
Committee shall take into account the duties of the respective persons, their
present and potential contributions to the success of the Company and such other
factors as the Committee shall deem relevant in connection with accomplishing
the purposes of the Plan.

     

     

    
      
        
        

      

      
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    5. Stock.

     

    (a) The
maximum number of shares of Class A Common Stock reserved for the grant of
awards under the Plan shall be ___________, subject to adjustment as provided in
Section 13 of the Plan. Such shares may, in whole or in part, be authorized but
unissued shares or shares that shall have been or may be reacquired by the
Company.

     

    (b) The
maximum number of shares of Class B Common Stock reserved for the grant of
awards under the Plan shall be ___________, subject to adjustment as provided in
Section 13 of the Plan. Such shares may, in whole or in part, be authorized but
unissued shares or shares that shall have been or may be reacquired by the
Company.

     

    (c) If any
outstanding award under the Plan should, for any reason expire, be canceled or
be forfeited (other than in connection with the exercise of a Stock Appreciation
Right or a Limited Right), without having been exercised in full, the shares of
Class A Common Stock or Class B Common Stock, as applicable, allocable to the
unexercised, canceled or terminated portion of such award shall (unless the Plan
shall have been terminated) become available for subsequent grants of awards
under the Plan, unless otherwise determined by the Committee.

     

    (d) In no
event may a Grantee be granted during any calendar year Options to acquire more
than an aggregate of ________ shares of Class A Common Stock and Class B Common
Stock,, or more than ________ shares of Restricted Stock or Deferred Stock
Units, subject to adjustment as provided in Section 13 of the Plan.

     

    6. Terms
and Conditions of Options.

     

    (a) OPTION
AGREEMENT.  Each Option granted pursuant to the Plan shall be
evidenced by a written agreement between the Company and the Grantee (the
“Option Agreement”), in such form and containing such terms and conditions as
the Committee shall from time to time approve, which Option Agreement shall
comply with and be subject to the following terms and conditions, unless
otherwise specifically provided in such Option Agreement. For purposes of
interpreting this Section 6, a director’s service as a member of the Board or a
consultant’s service shall be deemed to be employment with the
Company.

     

    (b) NUMBER OF
SHARES.  Each Option Agreement shall state the number of shares of
Class A Common Stock or Class B Common Stock, as applicable, to which the Option
relates.

     

    (c) TYPE OF
OPTION.  Each Option Agreement shall specifically state that the
Option constitutes an Incentive Stock Option or a Nonqualified Stock Option. In
the absence of such designation, the Option will be deemed to be a Nonqualified
Stock Option.

     

    (d) OPTION
PRICE.  Each Option Agreement shall state the Option Price, which, in
the case of an Incentive Stock Option, shall not be less than one hundred
percent (100%) of the Fair Market Value of the shares of Class A Common Stock or
Class B Common Stock, as applicable, covered by the Option on the date of grant.
The Option Price shall be subject to adjustment as provided in Section 13 of the
Plan.

     

    (e) MEDIUM
AND TIME OF PAYMENT.  The Option Price shall be paid in full, at the
time of exercise, in cash or in shares of Class A Common Stock or Class B Common
Stock, as applicable, having a Fair Market Value equal to such Option Price or
in a combination of cash and Class A Common Stock or Class B Common Stock, as
applicable, including a cashless exercise procedure through a broker-dealer;
provided, however, that in the case of an Incentive Stock Option, the medium of
payment shall be determined at the time of grant and set forth in the applicable
Option Agreement.

     

    
      
        
        

      

      
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    (f) TERM AND
EXERCISABILITY OF OPTIONS.  Each Option Agreement shall provide the
exercise schedule for the Option as determined by the Committee, provided, that,
the Committee shall have the authority to accelerate the exercisability of any
outstanding option at such time and under such circumstances as it, in its sole
discretion, deems appropriate. The exercise period will be ten (10) years from
the date of the grant of the option unless otherwise determined by the
Committee; provided, however, that in the case of an Incentive Stock Option,
such exercise period shall not exceed ten (10) years from the date of grant of
such Option. The exercise period shall be subject to earlier termination as
provided in Sections 6(g) and 6(h) of the Plan. An Option may be exercised, as
to any or all full shares of Class A Common Stock or Class B Common Stock, as
applicable, as to which the Option has become exercisable, by written notice
delivered in person or by mail to the administrator designated by the Company,
specifying the number of shares of Class A Common Stock or Class B Common Stock,
as applicable, with respect to which the Option is being exercised.

     

    (g) TERMINATION.  Except
as provided in this Section 6(g) and in Section 6(h) of the Plan, an Option may
not be exercised unless the Grantee is then in the employ of or maintaining a
director or consultant relationship with the Company or a Subsidiary thereof (or
a company or a Parent or Subsidiary of such company issuing or assuming the
Option in a transaction to which Section 424(a) of the Code applies), and unless
the Grantee has remained in Continuous Service with the Company or any
Subsidiary since the date of grant of the Option. In the event that the
employment or consultant relationship of a Grantee shall terminate (other than
by reason of death, Disability or Retirement), all Options of such Grantee that
are exercisable at the time of Grantee’s termination may, unless earlier
terminated in accordance with their terms, be exercised within 180 days after
the date of termination (or such different period as the Committee shall
prescribe).

     

    (h) DEATH,
DISABILITY OR RETIREMENT OF GRANTEE.  If a Grantee shall die while
employed by, or maintaining a director or consultant relationship with, the
Company or a Subsidiary thereof, or within thirty (30) days after the date of
termination of such Grantee’s employment, director or consultant relationship
(or within such different period as the Committee may have provided pursuant to
Section 6(g) of the Plan), or if the Grantee’s employment, director or
consultant relationship shall terminate by reason of Disability, all Options
theretofore granted to such Grantee (to the extent otherwise exercisable) may,
unless earlier terminated in accordance with their terms, be exercised by the
Grantee or by the Grantee’s estate or by a person who acquired the right to
exercise such Options by bequest or inheritance or otherwise by result of death
or Disability of the Grantee, at any time within 180 days after the death or
Disability of the Grantee (or such different period as the Committee shall
prescribe). In the event that an Option granted hereunder shall be exercised by
the legal representatives of a deceased or former Grantee, written notice of
such exercise shall be accompanied by a certified copy of letters testamentary
or equivalent proof of the right of such legal representative to exercise such
Option. In the event that the employment or consultant relationship of a Grantee
shall terminate on account of such Grantee’s Retirement, all Options of such
Grantee that are exercisable at the time of such Retirement may, unless earlier
terminated in accordance with their terms, be exercised at any time within one
hundred eighty (180) days after the date of such Retirement (or such different
period as the Committee shall prescribe).

     

    (i) OTHER
PROVISIONS.  The Option Agreements evidencing awards under the Plan
shall contain such other terms and conditions not inconsistent with the Plan as
the Committee may determine.

     

    7. Nonqualified
Stock Options.

     

    Options
granted pursuant to this Section 7 are intended to constitute Nonqualified Stock
Options and shall be subject only to the general terms and conditions specified
in Section 6 of the Plan.

     

    8. Incentive
Stock Options.

     

    Options
granted pursuant to this Section 8 are intended to constitute Incentive Stock
Options and shall be subject to the following special terms and conditions, in
addition to the general terms and conditions specified in Section 6 of the
Plan:

     

    (a) LIMITATION
ON VALUE OF SHARES.  To the extent that the aggregate Fair Market
Value of shares of Class A Common Stock or Class B Common Stock, as applicable,
subject to Options designated as Incentive Stock Options which become
exercisable for the first time by a Grantee during any calendar year (under all
plans of the Company or any Subsidiary) exceeds $100,000, such excess Options,
to the extent of the shares covered thereby in excess of the foregoing
limitation, shall be treated as Nonqualified Stock Options. For this purpose,
Incentive Stock Options shall be taken into account in the order in which they
were granted, and the Fair Market Value of the shares of Class A Common Stock or
Class B Common Stock, as applicable, shall be determined as of the date that the
Option with respect to such shares was granted.

     

     

    
      
        
        

      

      
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    (b) TEN
PERCENT STOCKHOLDER.  In the case of an Incentive Stock Option granted
to a Ten Percent Stockholder, (i) the Option Price shall not be less than one
hundred ten percent (110%) of the Fair Market Value of the shares of Class A
Common Stock or Class B Common Stock, as applicable, on the date of grant of
such Incentive Stock Option, and (ii) the exercise period shall not exceed five
(5) years from the date of grant of such Incentive Stock Option.

     

    9. Stock
Appreciation Rights.

     

    The
Committee shall have authority to grant a Stock Appreciation Right, either alone
or in tandem with any Option. A Stock Appreciation Right granted in tandem with
an Option shall, except as provided in this Section 9 or as may be determined by
the Committee, be subject to the same terms and conditions as the related
Option. Each Stock Appreciation Right granted pursuant to the Plan shall be
evidenced by a written Agreement between the Company and the Grantee in such
form as the Committee shall from time to time approve, which Agreement shall
comply with and be subject to the following terms and conditions, unless
otherwise specifically provided in such Agreement:

     

    (a) TIME OF
GRANT.  A Stock Appreciation Right may be granted at such time or
times as may be determined by the Committee.

     

    (b) PAYMENT.  A
Stock Appreciation Right shall entitle the holder thereof, upon exercise of the
Stock Appreciation Right or any portion thereof, to receive payment of an amount
computed pursuant to Section 9(d) of the Plan.

     

    (c) EXERCISE.  A
Stock Appreciation Right shall be exercisable at such time or times and only to
the extent determined by the Committee, and will not be transferable. A Stock
Appreciation Right granted in connection with an Incentive Stock Option shall be
exercisable only if the Fair Market Value of a share of Class A Common Stock or
Class B Common Stock, as applicable, on the date of exercise exceeds the
purchase price specified in the related Incentive Stock Option. Unless otherwise
approved by the Committee, no Grantee shall be permitted to exercise any Stock
Appreciation Right during the period beginning two weeks prior to the end of
each of the Company’s fiscal quarters and ending on the second business day
following the day on which the Company releases to the public a summary of its
fiscal results for such period.

     

    (d) AMOUNT
PAYABLE.  Upon the exercise of a Stock Appreciation Right, the
Optionee shall be entitled to receive an amount determined by multiplying (i)
the excess of the Fair Market Value of a share of Class A Common Stock or Class
B Common Stock, as applicable, on the date of exercise of such Stock
Appreciation Right over the exercise or other base price of the Stock
Appreciation Right or, if applicable, the Option Price of the related Option, by
(ii) the number of shares of Class A Common Stock or Class B Common Stock, as
applicable, as to which such Stock Appreciation Right is being
exercised.

     

    (e) TREATMENT
OF RELATED OPTIONS AND STOCK APPRECIATION RIGHTS UPON EXERCISE.  Upon
the exercise of a Stock Appreciation Right, the related Option, if any, shall be
canceled to the extent of the number of shares of Class A Common Stock or Class
B Common Stock, as applicable, as to which the Stock Appreciation Right is
exercised. Upon the exercise or surrender of an option granted in connection
with a Stock Appreciation Right, the Stock Appreciation Right shall be canceled
to the extent of the number of shares of Class A Common Stock or Class B Common
Stock, as applicable, as to which the Option is exercised or
surrendered.

     

    (f) METHOD OF
EXERCISE.  Stock Appreciation Rights shall be exercised by a Grantee
only by a written notice delivered to the Company in accordance with procedures
specified by the Company from time to time. Such notice shall state the number
of shares of Class A Common Stock or Class B Common Stock, as applicable, with
respect to which the Stock Appreciation Right is being exercised. A Grantee may
also be required to deliver to the Company the underlying Agreement evidencing
the Stock Appreciation Right being exercised and any related Option Agreement so
that a notation of such exercise may be made thereon, and such Agreements shall
then be returned to the Grantee.

     

     

    
      
        
        

      

      
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    (g) FORM OF
PAYMENT.  Payment of the amount determined under Section 9(d) of the
Plan may be made solely in whole shares of Class A Common Stock or Class B
Common Stock, as applicable, in a number based upon their Fair Market Value on
the date of exercise of the Stock Appreciation Right or, alternatively, at the
sole discretion of the Committee, solely in cash, or in a combination of cash
and shares of Class A Common Stock or Class B Common Stock, as applicable, as
the Committee deems advisable. If the Committee decides to make full payment in
shares of Class A Common Stock or Class B Common Stock, as applicable, and the
amount payable results in a fractional share, payment for the fractional share
will be made in cash.

     

    10. Limited
Stock Appreciation Rights.

     

    The
Committee shall have authority to grant a Limited Right, either alone or in
tandem with any Option. Each Limited Right granted pursuant to the Plan shall be
evidenced by a written Agreement between the Company and the Grantee in such
form as the Committee shall from time to time approve, which Agreement shall
comply with and be subject to the following terms and conditions, unless
otherwise specifically provided in such Agreement:

     

    (a) TIME OF
GRANT.  A Limited Right may be granted at such time or times as may be
determined by the Committee.

     

    (b) EXERCISE.  A
Limited Right may be exercised only (i) during the ninety-day period following
the occurrence of a Change in Control or (ii) immediately prior to the effective
date of a Corporate Transaction. A Limited Right shall be exercisable at such
time or times and only to the extent determined by the Committee, and will not
be transferable except to the extent any related Option is transferable or as
otherwise determined by the Committee. A Limited Right granted in connection
with an Incentive Stock Option shall be exercisable only if the Fair Market
Value of a share of Class A Common Stock or Class B Common Stock, as applicable,
on the date of exercise exceeds the purchase price specified in the related
Incentive Stock Option.

     

    (c) AMOUNT
PAYABLE.  Upon the exercise of a Limited Right, the Grantee thereof
shall receive in cash whichever of the following amounts is
applicable:

     

    (i) in the
case of the realization of Limited Rights by reason of an acquisition of common
stock described in clause (i) of the definition of “Change in Control” (Section
2(c) above), an amount equal to the Acquisition Spread as defined in Section
10(d)(ii) below; or

     

    (ii) in the
case of the realization of Limited Rights by reason of stockholder approval of
an agreement or plan described in clause (i) of the definition of “Corporate
Transaction” (Section 2(j) above), an amount equal to the Merger Spread as
defined in Section 10(d)(iv) below; or

     

    (iii) in the
case of the realization of Limited Rights by reason of the change in composition
of the Board described in clause (ii) of the definition of “Change in Control”
or stockholder approval of a plan or agreement described in clause (ii) of the
definition of Corporate Transaction, an amount equal to the Spread as defined in
Section 10(d)(v) below.

     

    Notwithstanding
the foregoing provisions of this Section 10(c) (or unless otherwise approved by
the Committee), in the case of a Limited Right granted in respect of an
Incentive Stock Option, the Grantee may not receive an amount in excess of the
maximum amount that will enable such option to continue to qualify under the
Code as an Incentive Stock Option.

     

    (d) DETERMINATION
OF AMOUNTS PAYABLE.  The amounts to be paid to a Grantee pursuant to
Section 10 (c) shall be determined as follows:

     

    (i) The term
“Acquisition Price per Share” as used herein shall mean, with respect to the
exercise of any Limited Right by reason of an acquisition of common stock
described in clause (i) of the definition of Change in Control, the greatest of
(A) the highest price per share shown on the Statement on Schedule 13D or
amendment thereto filed by the holder of 25% or more of the voting power of the
Company that gives rise to the exercise of such Limited Right, (B) the highest
price paid in any tender or exchange offer which is in effect at any time during
the ninety-day period ending on the date of exercise of the Limited Right, or
(C) the highest Fair Market Value per share of common stock during the ninety
day period ending on the date the Limited Right is exercised.

     

     

    
      
        
        

      

      
        -8-

        
          

        

      

      
        
        

      

    

     

     

    (ii) The term
“Acquisition Spread” as used herein shall mean an amount equal to the product
computed by multiplying (A) the excess of (1) the Acquisition Price per Share
over (2) the exercise or other base price of the Limited Right or, if
applicable, the Option Price per share of common stock at which the related
Option is exercisable, by (B) the number of shares of common stock with respect
to which such Limited Right is being exercised.

     

    (iii) The term
“Merger Price per Share” as used herein shall mean, with respect to the exercise
of any Limited Right by reason of stockholder approval of an agreement described
in clause (i) of the definition of Corporate Transaction, the greatest of (A)
the fixed or formula price for the acquisition of shares of common stock
specified in such agreement, if such fixed or formula price is determinable on
the date on which such Limited Right is exercised, (B) the highest price paid in
any tender or exchange offer which is in effect at any time during the
ninety-day period ending on the date of exercise of the Limited Right, (C) the
highest Fair Market Value per share of common stock during the ninety-day period
ending on the date on which such Limited Right is exercised.

     

    (iv) The term
“Merger Spread” as used herein shall mean an amount equal to the product.
computed by multiplying (A) the excess of (1) the Merger Price per Share over
(2) the exercise or other base price of the Limited Right or, if applicable, the
Option Price per share of common stock at which the related Option is
exercisable, by (B) the number of shares of common stock with respect to which
such Limited Right is being exercised.

     

    (v) The term
“Spread” as used herein shall mean, with respect to the exercise of any Limited
Right by reason of a change in the composition of the Board described in clause
(ii) of the definition of Change in Control or stockholder approval of a plan or
agreement described in clause (ii) of the definition of Corporate Transaction,
an amount equal to the product computed by multiplying (i) the excess of (A) the
greater of (1) the highest price paid in any tender or exchange offer which is
in effect at any time during the ninety-day period ending on the date of
exercise of the Limited Right or (2) the highest Fair Market Value per share of
common stock during the ninety day period ending on the date the Limited Right
is exercised over (B) the exercise or other base price of the Limited Right or,
if applicable, the Option Price per share of common stock at which the related
Option is exercisable, by (ii) the number of shares of common stock with respect
to which the Limited Right is being exercised.

     

    (e) TREATMENT
OF RELATED OPTIONS AND LIMITED RIGHTS UPON EXERCISE.  Upon the
exercise of a Limited Right, the related Option, if any, shall cease to be
exercisable to the extent of the shares of Class A Common Stock or Class B
Common Stock, as applicable, with respect to which such Limited Right is
exercised but shall be considered to have been exercised to that extent for
purposes of determining the number of shares of Class A Common Stock or Class B
Common Stock, as applicable, available for the grant of future awards pursuant
to this Plan. Upon the exercise or termination of a related Option, if any, the
Limited Right with respect to such related Option shall terminate to the extent
of the shares of Class A Common Stock or Class B Common Stock, as applicable,
with respect to which the related Option was exercised or
terminated.

     

    (f) METHOD OF
EXERCISE.  To exercise a Limited Right, the Grantee shall (i) deliver
written notice to the Company specifying the number of shares of Class A Common
Stock or Class B Common Stock, as applicable,  with respect to which
the Limited Right is being exercised, and (ii) if requested by the Committee,
deliver to the Company the Agreement evidencing the Limited Rights being
exercised and, if applicable, the Option Agreement evidencing the related
Option; the Company shall endorse thereon a notation of such exercise and return
such Agreements to the Grantee. The date of exercise of a Limited Right that is
validly exercised shall be deemed to be the date on which there shall have been
delivered the instruments referred to in the first sentence of this paragraph
(f).

     

     

    
      
        
        

      

      
        -9-

        
          

        

      

      
        
        

      

    

     

    11. Restricted
Stock.

     

    The
Committee may award shares of Restricted Stock to any eligible employee,
director or consultant of the Company or of any Subsidiary. Each award of
Restricted Stock under the Plan shall be evidenced by a written Agreement
between the Company and the Grantee, in such form as the Committee shall from
time to time approve, which Agreement shall comply with and be subject to the
following terms and conditions, unless otherwise specifically provided in such
Agreement:

     

    (a) NUMBER OF
SHARES.  Each Agreement shall state the number of shares of Restricted
Stock to be subject to an award.

     

    (b) RESTRICTIONS.  Shares
of Restricted Stock may not be sold, assigned, transferred, pledged,
hypothecated or otherwise disposed of, except by will or the laws of descent and
distribution, for such period as the Committee shall determine from the date on
which the award is granted (the “Restricted Period”). The Committee may also
impose such additional or alternative restrictions and conditions on the shares
as it deems appropriate including, but not limited to, the satisfaction of
performance criteria. Such performance criteria may include sales, earnings
before interest and taxes, return on investment, earnings per share, any
combination of the foregoing or rate of growth of any of the foregoing, as
determined by the Committee. The Company may, at its option, maintain issued
shares in book entry form.  Certificates, if any, for shares of stock
issued pursuant to Restricted Stock awards shall bear an appropriate legend
referring to such restrictions, and any attempt to dispose of any such shares of
stock in contravention of such restrictions shall be null and void and without
effect. During the Restricted Period, any such certificates shall be held in
escrow by an escrow agent appointed by the Committee. In determining the
Restricted Period of an award, the Committee may provide that the foregoing
restrictions shall lapse with respect to specified percentages of the awarded
shares on successive anniversaries of the date of such award.

     

    (c) FORFEITURE.  Subject
to such exceptions as may be determined by the Committee, if the Grantee’s
Continuous Service with the Company or any Subsidiary shall terminate for any
reason prior to the expiration of the Restricted Period of an award, any shares
remaining subject to restrictions (after taking into account the provisions of
Subsection (e) of this Section 11) shall thereupon be forfeited by the Grantee
and transferred to, and retired by, the Company without cost to the Company or
such Subsidiary, and such shares shall become available for subsequent grants of
awards under the Plan, unless otherwise determined by the
Committee.

     

    (d) OWNERSHIP.  During
the Restricted Period, the Grantee shall possess all incidents of ownership of
such shares, subject to Subsection (b) of this Section 11, including the right
to receive dividends with respect to such shares and to vote such
shares.

     

    (e) ACCELERATED
LAPSE OF RESTRICTIONS.  Upon the occurrence of any of the events
specified in Section 14 of the Plan (and subject to the conditions set forth
therein), all restrictions then outstanding on any shares of Restricted Stock
awarded under the Plan shall lapse as of the applicable date set forth in
Section 14. The Committee shall have the authority (and the Agreement may so
provide) to cancel all or any portion of any outstanding restrictions prior to
the expiration of the Restricted Period with respect to any or all of the shares
of Restricted Stock awarded on such terms and conditions as the Committee shall
deem appropriate.

     

    12. Deferred
Stock Units.

     

    The
Committee may award Deferred Stock Units to any outside director, eligible
employee or consultant of the Company or of any Subsidiary. Each award of
Deferred Stock Units under the Plan shall be evidenced by a written Agreement
between the Company and the Grantee, in such form as the Committee shall from
time to time approve, which Agreement shall comply with and be subject to the
following terms and conditions, unless otherwise specifically provided in such
Agreement:

     

    (a) NUMBER OF
SHARES.  Each Agreement for Deferred Stock Units shall state the
number of shares of Class A Common Stock or Class B Common Stock, as applicable,
to be subject to an award.

     

     

    
      
        
        

      

      
        -10-

        
          

        

      

      
        
        

      

    

     

     

    (b) RESTRICTIONS.  Deferred
Stock Units may not be sold, assigned, transferred, pledged, hypothecated or
otherwise disposed of, except by will or the laws of descent and distribution,
until shares of Class A Common Stock or Class B Common Stock, as applicable, are
payable with respect to an award. The Committee may impose such vesting
restrictions and conditions on the payment of shares as it deems appropriate
including the satisfaction of performance criteria. Such performance criteria
may include sales, earnings before interest and taxes, return on investment,
earnings per share, any combination of the foregoing or rate of growth of any of
the foregoing, as determined by the Committee.

     

    (c) FORFEITURE.  Subject
to such exceptions as may be determined by the Committee, if the Grantee’s
Continuous Service with the Company or any Subsidiary shall terminate for any
reason prior to the Grantee becoming fully vested in the award, then the
Grantee’s rights under any unvested Deferred Stock Units shall be forfeited
without cost to the Company or such Subsidiary.

     

    (d) OWNERSHIP.  Until
shares are delivered with respect to Deferred Stock Units, the Grantee shall not
possess any incidents of ownership of such shares, including the right to
receive dividends with respect to such shares and to vote such
shares.

     

    (e) ACCELERATED
LAPSE OF RESTRICTIONS.  Upon the occurrence of any of the events
specified in Section 14 of the Plan (and subject to the conditions set forth
therein), all restrictions then outstanding on any Deferred Stock Units awarded
under the Plan shall lapse as of the applicable date set forth in Section 14.
The Committee shall have the authority (and the Agreement may so provide) to
cancel all or any portion of any outstanding restrictions prior to the
expiration of any restricted period with respect to any or all of the shares of
Deferred Stock Units awarded on such terms and conditions as the Committee shall
deem appropriate.

     

    13. Effect
of Certain Changes.

     

    (a) ADJUSTMENTS
UPON CHANGES IN CAPITALIZATION.  In the event of any extraordinary
dividend, stock dividend, recapitalization, merger, consolidation, stock split,
warrant or rights issuance, or combination or exchange of such shares, or other
similar transactions, the Committee shall equitably adjust (i) the maximum
number of Options or shares of Restricted Stock that may be awarded to a Grantee
in any calendar year (as provided in Section 5 hereof), (ii) the number of
shares of Class A Common Stock or Class B Common Stock, as applicable, available
for awards under the Plan, (iii) the number and/or kind of shares covered by
outstanding awards and (iv) the price per share of Options or the applicable
market value of Stock Appreciation Rights or Limited Rights, in each such case
so as to reflect such event and preserve the value of such awards; provided,
however, that any fractional shares resulting from such adjustment shall be
eliminated.

     

    (b) CHANGE IN
CLASS A COMMON STOCK OR CLASS B COMMON STOCK STOCK.  In the event of a
change in the Class A Common Stock or Class B Common Stock, as applicable, as
presently constituted that is limited to a change of all of its authorized
shares of Class A Common Stock or Class B Common Stock, as applicable,, into the
same number of shares with a different par value or without par value, the
shares resulting from any such change shall be deemed to be the Class A Common
Stock or Class B Common Stock, as applicable, within the meaning of the
Plan.

     

    14. Corporate
Transaction; Change in Control; Related Entity Disposition.

     

    (a) CORPORATE
TRANSACTION.  In the event of a Corporate Transaction, each award
which is at the time outstanding under the Plan shall automatically become fully
vested and exercisable and, in the case of an award of Restricted Stock or an
award of Deferred Stock Units, shall be released from any restrictions on
transfer (except with regard to the Insider Trading Policy and such other
agreements between the Grantee and the Company) and repurchase or forfeiture
rights, immediately prior to the specified effective date of such Corporate
Transaction. Effective upon the consummation of the Corporate Transaction, all
outstanding awards of Options, Stock Appreciation Rights and Limited Rights
under the Plan shall terminate, unless otherwise determined by the Committee.
However, all such awards shall not terminate if the awards are, in connection
with the Corporate Transaction, assumed by the successor corporation or Parent
thereof.

     

     

    
      
        
        

      

      
        -11-

        
          

        

      

      
        
        

      

    

     

    (b) CHANGE IN
CONTROL.  In the event of a Change in Control (other than a Change in
Control which is also a Corporate Transaction), each award which is at the time
outstanding under the Plan automatically shall become fully vested and
exercisable and, in the case of an award of Restricted Stock or an award of
Deferred Stock Units, shall be released from any restrictions on transfer and
repurchase or forfeiture rights, immediately prior to the specified effective
date of such Change in Control.

     

    (c) RELATED
ENTITY DISPOSITION.  The Continuous Service of each Grantee (who is
primarily engaged in service to a Related Entity at the time it is involved in a
Related Entity Disposition) shall terminate effective upon the consummation of
such Related Entity Disposition, and each outstanding award of such Grantee
under the Plan shall become fully vested and exercisable and, in the case of an
award of Restricted Stock or an award of Deferred Stock Units, shall be released
from any restrictions on transfer (except with regard to the Insider Trading
Policy and such other agreements between the Grantee and the Company). Unless
otherwise determined by the Committee, the Continuous Service of a Grantee shall
not be deemed to terminate (and each outstanding award of such Grantee under the
Plan shall not become fully vested and exercisable and, in the case of an award
of Restricted Stock or an award of Deferred Stock Units, shall not be released
from any restrictions on transfer) if (i) a Related Entity Disposition involves
the spin-off of a Related Entity, for so long as such Grantee continues to
remain in the service of such entity that constituted the Related Entity
immediately prior to the consummation of such Related Entity Disposition
(“SpinCo”) in any capacity of officer, employee, director or consultant or (ii)
an outstanding award is assumed by the surviving corporation (whether SpinCo or
otherwise) or its parent entity in connection with a Related Entity
Disposition.

     

    (d) SUBSTITUTE
AWARDS.  The Committee may grant awards under the Plan in substitution
of stock-based incentive awards held by employees, consultants or directors of
another entity who become employees, consultants or directors of the Company or
any Subsidiary by reason of a merger or consolidation of such entity with the
Company or any Subsidiary, or the acquisition by the Company or a Subsidiary of
property or equity of such entity, upon such terms and conditions as the
Committee may determine, and such awards shall not count against the share
limitation set forth in Section 5 of the Plan.

     

    15. Period
During which Awards May Be Granted.

     

    Awards
may be granted pursuant to the Plan from time to time within a period of ten
(10) years from _________ __, 2009, the date the Board initially adopted the
Plan.  No awards shall be effective prior to the approval of the Plan
by a majority of the Company’s stockholders.

     

    16. Transferability
of Awards.

     

    (a) Incentive
Stock Options and Stock Appreciation Rights may not be sold, pledged, assigned,
hypothecated, transferred or disposed of in any manner other than by the laws of
descent and distribution and may be exercised, during the lifetime of the
Grantee, only by the Grantee or his or her guardian or legal
representative.

     

    (b) Nonqualified
Stock Options shall be transferable in the manner and to the extent acceptable
to the Committee, as evidenced by a writing signed by the Company and the
Grantee. Nonqualified Stock Options (together with any Stock Appreciation Rights
or Limited Rights related thereto) shall be transferable by a Grantee as a gift
to the Grantee’s “family members” (as defined in Form S-8) under such terms and
conditions as may be established by the Committee; provided that the Grantee
receives no consideration for the transfer. Notwithstanding the transfer by a
Grantee of a Nonqualified Stock Option, the transferred Nonqualified Stock
Option shall continue to be subject to the same terms and conditions as were
applicable to the Nonqualified Stock Option immediately before the transfer
(including, without limitation, the Insider Trading Policy) and the Grantee will
continue to remain subject to the withholding tax requirements set forth in
Section 17 hereof.

     

    (c) The terms
of any award granted under the Plan, including the transferability of any such
award, shall be binding upon the executors, administrators, heirs and successors
of the Grantee.

     

     

    
      
        
        

      

      
        -12-

        
          

        

      

      
        
        

      

    

     

     

    (d) Restricted
Stock shall remain subject to the Insider Trading Policy after the expiration of
the Restricted Period.  Deferred Stock Units shall remain subject to
the Insider Trading Policy after payment thereof.

     

    17. Agreement
by Grantee regarding Withholding Taxes.

     

    If the
Committee shall so require, as a condition of exercise of an Option, Stock
Appreciation Right or Limited Right, the expiration of a Restricted Period or
payment of a Deferred Stock Unit (each, a “Tax Event”), each Grantee shall agree
that no later than the date of the Tax Event, the Grantee will pay to the
Company or make arrangements satisfactory to the Committee regarding payment of
any federal, state or local taxes of any kind required by law to be withheld
upon the Tax Event. Unless determined otherwise by the Committee, a Grantee
shall permit, to the extent permitted or required by law, the Company to
withhold federal, state and local taxes of any kind required by law to be
withheld upon the Tax Event from any payment of any kind due to the Grantee.
Unless otherwise determined by the Committee, any such above-described
withholding obligation may, in the discretion of the Company, be satisfied by
the withholding by the Company or delivery to the Company of Class A Common
Stock or Class B Common Stock,  as applicable.

     

    18. Rights
as a Stockholder.

     

    Except as
provided in Section 11(d) of the Plan, a Grantee or a transferee of an award
shall have no rights as a stockholder with respect to any shares covered by the
award until the date of the issuance of such shares to him or her. No adjustment
shall be made for dividends (ordinary or extraordinary, whether in cash,
securities or other property) or distribution of other rights for which the
record date is prior to the date such shares are issued, except as provided in
Section 12(a) of the Plan.

     

    19. No
Rights to Employment; Forfeiture of Gains.

     

    Nothing
in the Plan or in any award granted or Agreement entered into pursuant hereto
shall confer upon any Grantee the right to continue as a director of, in the
employ of, or in a consultant relationship with, the Company or any Subsidiary
or to be entitled to any remuneration or benefits not set forth in the Plan or
such Agreement or to interfere with or limit in any way the right of the Company
or any such Subsidiary to terminate such Grantee’s employment or consulting
relationship. Awards granted under the Plan shall not be affected by any change
in duties or position of a Grantee as long as such Grantee continues to be
employed by, or in a consultant relationship with, or a director of the Company
or any Subsidiary. The Agreement for any award under the Plan may require the
Grantee to pay to the Company any financial gain realized from the prior
exercise, vesting or payment of the award in the event that the Grantee engages
in conduct that violates any non-compete, non-solicitation or non-disclosure
obligation of the Grantee under any agreement with the Company or any
Subsidiary, including, without limitation, any such obligations provided in the
Agreement.

     

    20. Beneficiary.

     

    A Grantee
may file with the Committee a written designation of a beneficiary on such form
as may be prescribed by the Committee and may, from time to time, amend or
revoke such designation. If no designated beneficiary survives the Grantee, the
executor or administrator of the Grantee’s estate shall be deemed to be the
Grantee’s beneficiary.

     

    21. Approval;
Amendment and Termination of the Plan.

     

    (a) APPROVAL.  The
Plan initially became effective when adopted by the Board on _________ __, 2009
and shall terminate on the tenth anniversary of such date. The Plan was ratified
by the Company’s sole stockholder on _______ __, 2009.

     

    (b) AMENDMENT
AND TERMINATION OF THE PLAN.  The Board, or the Committee if so
delegated by the Board, at any time and from time to time may suspend,
terminate, modify or amend the Plan; however, unless otherwise determined by the
Board, or the Committee if applicable, an amendment that requires stockholder
approval in order for the Plan to continue to comply with any law, regulation or
stock exchange requirement shall not be effective unless approved by the
requisite vote of stockholders. Except as provided in Section 14(a) of the Plan,
no suspension, termination, modification or amendment of the Plan may adversely
affect any award previously granted, unless the written consent of the Grantee
is obtained.

     

     

    
      
        
        

      

      
        -13-

        
          

        

      

      
        
        

      

    

     

     

     

     

    22. Governing
Law.

     

    The Plan
and all determinations made and actions taken pursuant hereto shall be governed
by the laws of the State of Delaware.

     

    23. Section
409A of the Code.

     

    It is the
intention of the Company that no award shall be “deferred compensation” subject
to Section 409A of the Code, unless and to the extent that the Committee
specifically determines otherwise as provided in this Section 23, and the Plan
and the terms and conditions of all awards shall be interpreted accordingly. The
terms and conditions governing any awards that the Committee determines will be
subject to Section 409A of the Code shall be set forth in the applicable award
Agreement and shall comply in all respects with Section 409A of the Code.
Notwithstanding any provision of this Plan to the contrary, if one or more of
the payments or benefits received or to be received by a Grantee pursuant to an
award would cause the Grantee to incur any additional tax or interest under
Section 409A of the Code, the Committee may reform such provision to maintain to
the maximum extent practicable the original intent of the applicable provision
without violating the provisions of Section 409A of the Code. Although the
Company intends to administer the Plan so that Awards will be exempt from, or
will comply with, the requirements of Section 409A of the Code, the Company does
not warrant that any Award under the Plan will qualify for favorable tax
treatment under Section 409A of the Code or any other provision of federal,
state, local or foreign law. The Company shall not be liable to any Grantee for
any tax, interest, or penalties that Grantee might owe as a result of the grant,
holding, vesting, exercise, or payment of any award under the Plan.

     

    
 

     

     

     

     -14-f1012ga1ex10ii_ctm.htm

     

    Exhibit
10.2

     

    
      THIS IS
THE FORM OF MASTER SERVICES AGREEMENT THAT IS INTENDED TO BE ENTERED INTO
BETWEEN CTM MEDIA HOLDINGS, INC. AND IDT CORPORATION, EFFECTIVE AS OF THE
CONSUMMATION OF THE SPIN-OFF

    

     

    
      MASTER SERVICES
AGREEMENT

       

      THIS
MASTER SERVICES AGREEMENT, dated as of [INSERT
DATE], 2009 (this
“Agreement”),
is entered into by and between CTM Media Holdings, Inc., a Delaware corporation
(“CTM”), and
IDT Corporation, a Delaware corporation (“IDT”). For purposes
of this Agreement, “Party” or “Parties” shall mean
either CTM or IDT, individually or collectively.

       

      BACKGROUND

       

      WHEREAS,
IDT is executing a spin-off of CTM, a wholly-owned subsidiary, to its
stockholders, and has agreed to provide certain corporate, tax and accounting
support, administrative and other services to CTM on the terms and conditions
set forth herein.

       

      NOW
THEREFORE, in consideration of the foregoing, the mutual agreements contained
herein and other good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the Parties hereto hereby agree as
follows:

       

      AGREEMENT

       

      1. Representations and
Warranties.

       

      As an
inducement to enter into this Agreement, CTM and IDT each hereby represents and
warrants to the other as follows:

       

      (a) It is
an entity duly organized, validly existing and in good standing under the laws
of the state of Delaware.  Such Party has all necessary corporate
power and authority to enter into this Agreement, to carry out its obligations
hereunder and to consummate the transactions contemplated hereby.  The
execution and delivery by such Party of this Agreement, the performance by such
Party of its obligations hereunder and the consummation by such Party of the
transactions contemplated hereby have been duly authorized by all requisite
corporate action on the part of such Party.

       

      (b) The
execution and delivery by such Party of this Agreement, the performance by such
Party of its obligations hereunder and the consummation by such Party of the
transactions contemplated hereby do not and will not (i) violate, conflict with
or result in the breach of any provision of the certificate of incorporation or
bylaws of such Party, (ii) conflict with or violate any law or governmental
order applicable to such Party, or (iii) conflict with, or result in any breach
of, constitute a default (or event which, with the giving of notice or lapse of
time, or both, would become a default) under, require any consent under, or give
to others any rights of termination, amendment, acceleration, suspension,
revocation or cancellation of, any note, bond, mortgage or indenture, contract,
agreement, lease, sublease, license, permit, franchise or other instrument or
arrangement to which such Party is a party, which would adversely affect the
ability of such Party to carry out its obligations under, and to consummate the
transactions contemplated by, this Agreement.

       

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
         

        THIS IS
THE FORM OF MASTER SERVICES AGREEMENT THAT IS INTENDED TO BE ENTERED INTO
BETWEEN CTM MEDIA HOLDINGS, INC. AND IDT CORPORATION, EFFECTIVE AS OF THE
CONSUMMATION OF THE SPIN-OFF

      

       

      2. Provision and Term of
Services; Termination.

       

      (a) IDT
agrees to provide to CTM the services (collectively, the “Services”) as set
forth on each Schedule
A that is appended hereto from time to time.  The Services
shall be provided in accordance with the terms and provisions of this Agreement
and the applicable Schedule
A.  As used herein, the term “Provider” shall refer
to IDT or any affiliate designated by IDT that is providing Services, and the
term “Recipient” shall
refer to CTM.

       

      (b)
Provider shall, and where appropriate shall ensure that any officer, employee,
agent or sub-contractor providing Services on behalf of Provider shall, use
reasonable care, skill and diligence in providing the Services.

       

      (c)
Provider shall maintain accurate records and accounts of all transactions
relating to the Services performed by it pursuant to this
Agreement.  Such records and accounts shall be maintained separately
from such Provider’s own records and accounts and shall reflect such information
as would normally be examined by an independent accountant in performing a
complete audit pursuant to U.S. generally accepted auditing standards for the
purpose of certifying financial statements, and to permit verification thereof
by governmental agencies.  Recipient shall have the right to inspect
and copy, upon reasonable notice and at reasonable intervals during the
Provider’s regular office hours, the separate records and accounts maintained by
Provider relating to the Services.

       

      (d) All
of the Services shall be provided during the term of this
Agreement.  The term of this Agreement shall commence on the date
hereof and continue until [INSERT
FIRST ANNIVERSARY OF THE EFFECTIVE DATE OF THE SPIN-OFF], and shall
automatically renew for additional six-month terms unless, no later than ninety
(90) days prior to the end of the then-current term of this Agreement, IDT
notifies CTM of its intent to terminate this Agreement, in which case this
Agreement shall terminate effective as of the end of the then-current term,
provided that
certain Services shall terminate earlier as set forth on the applicable Schedule
A.  This Agreement or any Service being provided for Recipient
may be terminated by Recipient upon not less than thirty (30) days’ prior
written notice provided that there
are no break-up costs (including commitments made to or in respect of personnel
or third parties due to the requirement to provide the Services and prepaid
expenses related to the Services, or costs related to terminating such
commitments) incurred by the Provider as a result of such termination unless
Recipient agrees to be solely responsible for such costs.

       

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
         

        THIS IS
THE FORM OF MASTER SERVICES AGREEMENT THAT IS INTENDED TO BE ENTERED INTO
BETWEEN CTM MEDIA HOLDINGS, INC. AND IDT CORPORATION, EFFECTIVE AS OF THE
CONSUMMATION OF THE SPIN-OFF

         

      

      (e) In
the event of a termination of this Agreement, all outstanding sums due hereunder
shall be paid immediately following the date of termination and any rights or
obligations to which any of the Parties may be entitled or be subject prior to
its termination shall remain in full force and effect. Provider shall cooperate
fully in the transition back to Recipient of any and all matters related to the
terminated Services such that Recipient shall not be prejudiced by such
termination (but Provider shall not be required to bear any out-of-pocket costs
for such transition).

       

      3. Compensation for
Services.

       

      (a)
Recipient shall pay Provider for the Services in accordance with the fee
schedule set forth on an applicable Schedule
A.

       

      (b)
Unless otherwise specified on a Schedule A, such fees
shall be paid by Recipient within thirty (30) days of the delivery of an
appropriate invoice related thereto (which, unless otherwise provided for in a
Schedule A,
shall be issued no more frequently than monthly).  Such invoice must
comply with all applicable tax requirements and separately describe the amount
for fees, expenses and value added tax, if any.  Failure to provide an
invoice for fees for any given month shall not be deemed a waiver of such fees,
and such fees may be included, without prejudice, in a later invoice delivered
to Recipient.

       

      (c) If
not specified on the applicable Schedule A, the fees
payable for a specific Service shall be equal to the actual costs of Provider in
providing such Service, including a reasonable and good faith allocation of
overhead expenses of Provider.  Upon request of Recipient, Provider
shall deliver to Recipient such reasonable information and supporting
documentation with respect to such overhead allocation.

       

      (d)
Unless otherwise specified on a Schedule A, Recipient
shall reimburse the Provider for third-party, out-of-pocket, incidental travel,
lodging and food expenses incurred by Provider in providing the Services in
accordance with Provider’s customary travel policy.  Such
reimbursement shall be within thirty (30) days of receipt of an invoice from
Provider for such incidental expenses accompanied by such additional
documentation reasonably required by Recipient to verify the amount of the
expense and that such expense was incurred in connection with providing the
Services.

       

      (e) All
amounts payable by Recipient to Provider shall be paid by wire transfer in
accordance with the wire transfer instructions provided by Provider to Recipient
from time to time.

        

      4. Force
Majeure.

       

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
         

        THIS IS
THE FORM OF MASTER SERVICES AGREEMENT THAT IS INTENDED TO BE ENTERED INTO
BETWEEN CTM MEDIA HOLDINGS, INC. AND IDT CORPORATION, EFFECTIVE AS OF THE
CONSUMMATION OF THE SPIN-OFF

         

      

      The
obligation of Provider to provide Services shall be suspended during the period
and to the extent that Provider is prevented or hindered from complying
therewith by any law or governmental order, rule, regulation or direction,
whether domestic or foreign, or by any cause beyond the reasonable control of
Provider, including, but not limited to, acts of nature, strikes, lock outs and
other labor and industrial disputes and disturbances, civil disturbances,
accidents, acts of terrorism, acts of war or conditions arising out of or
attributable to war (whether declared or undeclared), shortage of necessary
equipment, materials or labor, or restrictions thereon or limitations upon the
use thereof, and delays in transportation.  In such event, Provider
shall give notice of suspension as soon as reasonably practicable to Recipient
stating the date and extent of such suspension and the cause thereof and
Provider’s best estimate of the date on which it will be able to resume the
performance of its obligations.  In addition, Provider will use
commercially reasonable efforts during any such suspension to keep Recipient
informed as to the progress of removal of the cause of such
suspension.  Provider shall resume the performance of such obligations
as soon as reasonably practicable after the removal of the cause and Provider
shall so notify Recipient.  Recipient shall not be liable for payment
of fees for any Service for the period in which such Service could not be
provided pursuant to this Section 4.

       

      5. Compliance With
Law.

       

      Provider
shall undertake to provide Services in accordance with and adhere to all laws
and governmental rules, regulations and orders applicable at the place where
Services are rendered, including without limitation, data protection
regulations.

       

      6. Confidentiality.

       

      (a) Each
Party agrees to hold in confidence, and to use reasonable efforts to cause its
employees, representatives and affiliates performing Services to hold in
confidence (at least to the extent that such Party keeps its own confidential
information in confidence, but in no event less than commercially reasonable
given the nature of the confidential information), all confidential information
concerning the other Party and its affiliates furnished to or obtained by such
Party in the course of providing the Services (except to the extent that such
information has been (i) in the public domain through no fault of such Party or
(ii) lawfully acquired on a non-confidential basis by such Party from sources
other than Recipient); and shall not disclose or release any such confidential
information to any person, except its employees, representatives and agents who
have a need to know such information in connection with such Party’s performance
under this Agreement, unless (A) such disclosure or release is compelled by the
judicial or administrative process or (B) in the opinion of counsel to Provider,
such disclosure or release is necessary pursuant to requirements of law or the
requirements of any governmental entity including, without limitation,
disclosure requirements under the Securities Act of 1933 or the Securities
Exchange Act of 1934, in each case as amended.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
         

        THIS IS
THE FORM OF MASTER SERVICES AGREEMENT THAT IS INTENDED TO BE ENTERED INTO
BETWEEN CTM MEDIA HOLDINGS, INC. AND IDT CORPORATION, EFFECTIVE AS OF THE
CONSUMMATION OF THE SPIN-OFF

      

       

      (b) Each
Party shall supervise its personnel and establish systems to assure that
Recipient’s information is made available to such Party’s employees on an “as
needed” basis only.  Each Party shall use such information only for
purposes of providing the Services and for no other purpose.  In
particular, the department of a Party providing the Services shall in no way
make any information concerning Recipient available to any other management or
operational department or division of such Party or to personnel associated with
such divisions or departments except to the extent approved in writing by the
other Party.

       

      7. Indemnification.

       

      (a) CTM
and its affiliates, officers, directors, employees, agents, successors and
assigns shall be indemnified and held harmless by IDT for and against any and
all liabilities, losses, diminution in value, damages (excluding special,
incidental, punitive, indirect and consequential damages), claims, costs and
expenses, interest, awards, judgments and penalties (including attorneys’ and
consultants’ fees and expenses) actually suffered or incurred by them (including
any action brought or otherwise initiated by any of them), arising out of or
resulting from:

       

      (i) the
breach of any representation or warranty made by IDT contained in this
Agreement;

       

      (ii) the
breach of any covenant or agreement by IDT contained in this
Agreement;

       

      (iii) the
gross negligence, fraud, willful defaults or willful misconduct of IDT or any
other Provider; and

       

      (iv) the
enforcement of the indemnification rights of CTM and its affiliates provided for
in this Agreement.

       

      (b) IDT
and its affiliates, officers, directors, employees, agents, successors and
assigns shall be indemnified and held harmless by CTM for and against any and
all liabilities, losses, diminution in value, damages (excluding special,
incidental, punitive, indirect and consequential damages), claims, costs and
expenses, interest, awards, judgments and penalties (including attorneys’ and
consultants’ fees and expenses) actually suffered or incurred by them (including
any action brought or otherwise initiated by any of them), arising out of or
resulting from:

       

      (i) the
breach of any representation or warranty made by CTM contained in this
Agreement;

       

      (ii) the
breach of any covenant or agreement by CTM contained in this
Agreement;

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
        THIS IS
THE FORM OF MASTER SERVICES AGREEMENT THAT IS INTENDED TO BE ENTERED INTO
BETWEEN CTM MEDIA HOLDINGS, INC. AND IDT CORPORATION, EFFECTIVE AS OF THE
CONSUMMATION OF THE SPIN-OFF

         

      

      (iii) the
gross negligence, fraud, willful defaults or willful misconduct of CTM;
and

      

      (iv) the
enforcement of the indemnification rights of IDT and its affiliates provided for
in this Agreement.

        

      8. Liability.

       

      Provider
(or affiliate thereof) shall not have any liability whatsoever to Recipient or
any other Party for any error, act or omission in connection with the Services
to be rendered by Provider to Recipient hereunder unless any such error, act or
omission derives from the willful misconduct or gross negligence of Provider (or
its affiliates).  IN NO EVENT SHALL PROVIDER (OR AFFILIATE THEREOF) BE
LIABLE TO RECIPIENT OR ANY OTHER PARTY FOR ANY SPECIAL, INCIDENTAL OR
CONSEQUENTIAL DAMAGES (INCLUDING, WITHOUT LIMITATION, LOSS OF PROFITS, REVENUES
OR DATA), WHETHER BASED ON BREACH OF CONTRACT, TORT (INCLUDING NEGLIGENCE) OR
OTHERWISE, WHETHER OR NOT PROVIDER HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH
DAMAGE.  THE LIABILITY OF A PROVIDER (AND ITS AFFILIATES) FOR DAMAGES
OR ALLEGED DAMAGES HEREUNDER, WHETHER IN CONTRACT, TORT OR ANY OTHER LEGAL
THEORY, IS LIMITED TO, AND WILL NOT EXCEED, RECIPIENT’S DIRECT DAMAGES AND IN
ALL EVENTS WILL NOT EXCEED THE AGGREGATE FEES PAID BY RECIPIENT TO ALL PROVIDERS
HEREUNDER.

       

      9. Notices.

       

      Any legal
notice, demand or other communication required or permitted to be given by any
provision of this Agreement (each a “Notice”) shall be in
writing and shall be deemed to have been properly given or served only if
addressed to a Party at its address set forth on Schedule A attached
hereto, and if delivered (i) by hand, (ii) by certified mail, return receipt
requested, (iii) by overnight commercial carrier or (iv) by telefax transmission
with confirmation of receipt.  All such communications shall be deemed
to have been properly given or served (i) if by hand, when received, (ii) if by
mail, on the date of receipt or of refusal to accept shown on the return
receipt, (iii) if by overnight commercial carrier, on the date that is one (1)
business day after the date upon which the same shall have been delivered to
such overnight commercial carrier, addressed to the recipient, with all shipping
charges prepaid, provided that the
same is actually received (or refused) by the recipient in the ordinary course
and (iv) if by telefax, on the date sent with transmission
confirmed.

       

      10. No Third Party
Beneficiaries.

       

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
         

        THIS IS
THE FORM OF MASTER SERVICES AGREEMENT THAT IS INTENDED TO BE ENTERED INTO
BETWEEN CTM MEDIA HOLDINGS, INC. AND IDT CORPORATION, EFFECTIVE AS OF THE
CONSUMMATION OF THE SPIN-OFF

         

      

      This
Agreement shall be binding upon and inure solely to the benefit of the Parties
and their permitted successors and assigns, and Provider and Recipient shall be
entitled to enforce its respective rights under this Agreement against the other
Party.  Recipient may not assign this Agreement without the prior
written consent of Provider.

       

      11. Governing
Law.

       

      This
Agreement shall be governed by, and construed in accordance with the laws of the
state of New Jersey.  The Parties submit to the jurisdiction of any
state or federal court sitting in New Jersey for the purpose of any suit, action
or proceeding arising out of this Agreement.

       

      12. Dispute
Resolution.

       

      It is the
intention of the Parties that Provider shall act in the best interests of
Recipient.  If, in the course of providing or arranging for Services
hereunder, Provider identifies a conflict of interest that would lead a
reasonable person to conclude that Provider cannot act in the best interests of
Recipient while also acting in the best interests of Provider, such conflict
shall immediately be reported to Recipient so that it may be addressed without
prejudice to either Party.

       

      CTM and
IDT shall each use good faith efforts to resolve any disputes arising out of
this Agreement within fifteen (15) days of receipt of a Party’s written notice
of a dispute.  All disputes under this Agreement shall be referred to
the Chief Financial Officer or his/her designee of each of IDT and
CTM.  The executives shall meet as required for the purpose of
resolving any pending dispute referred to them under this Agreement and shall
consider the disputes in the order such disputes are brought before
them.  In the event that such executives are unable to resolve a
dispute within thirty (30) business days (or such longer period as the
executives may mutually determine), they shall submit the matter to binding
arbitration according to the rules of the American Arbitration Association for
commercial disputes.  The arbitration shall be conducted by one
arbitrator, expert in matters relating to commercial law, mutually selected by
the Parties . If the Parties fail to mutually agree upon one arbitrator within
ten (10) days of submission of the dispute to arbitration, one will be appointed
in accordance with the commercial rules and practices of the American
Arbitration Association.  Any award, order or judgment pursuant to
such arbitration shall be deemed final and binding and may be enforced in any
court of competent jurisdiction.  The Parties agree that the
arbitrator shall only have the power and authority to make awards and issue
orders as expressly permitted herein and shall not, in any event, make any award
that provides for punitive damages.  The schedule and rules for the
arbitration proceedings shall be as set by the arbitrator and the arbitration
proceedings shall be held in Newark, New Jersey. Each Party shall bear its own
costs of participating in the arbitration proceedings.

       

      13. Entire
Agreement.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      THIS IS
THE FORM OF MASTER SERVICES AGREEMENT THAT IS INTENDED TO BE ENTERED INTO
BETWEEN CTM MEDIA HOLDINGS, INC. AND IDT CORPORATION, EFFECTIVE AS OF THE
CONSUMMATION OF THE SPIN-OFF

       

      This
Agreement and the Schedules hereto sets forth all of the promises, covenants,
agreements, conditions, and undertakings between the Parties with respect to the
subject matter hereof and supersedes all prior and contemporaneous agreements
and understandings, inducements or conditions, express or implied, oral or
written.  The Schedules to this Agreement constitute an integral part
of this Agreement.

       

      14. Binding.

       

      This
Agreement shall be binding upon and inure to the benefit of the Parties and
their respective successors and permitted assigns.

       

      15. Waiver.

       

      No
provision of this Agreement may be waived except by an instrument in writing
signed by the Party sought to be charged with the effect of such
waiver.  The failure of a Party to this Agreement to assert a right or
exercise a remedy hereunder shall not waive such right or remedy or any future
rights or remedies.

       

      16. Status; Other
Activities.

       

      (a) For
purposes of this Agreement, Provider is, and will be deemed to be, an
independent contractor only and not an agent, joint venturer, partner, or
representative of Recipient.  Neither a Provider nor a Recipient may
create any obligations or responsibilities on behalf of or in the name of the
other Party.

       

      (b)
Notwithstanding the amount of time, or percentage of business hours, spent by
any employee of Provider in the provision of Services hereunder, no such
employee shall, by reason of such provision, become an employee of, or have any
direct rights against, Recipient, or be deemed to have any relationship with
Recipient other than as a provider of Services hereunder.

       

      (c)
Nothing in this Agreement shall limit or restrict the right of any Party, or its
affiliates, directors, officers or employees to engage in any other business or
devote their time and attention in part to the management or other aspects of
any other business, whether of a similar nature, or to limit or restrict the
right of such parties to engage in any other business or to render services of
any kind to any corporation, firm, individual, trust or
association.

       

      17. Amendment.

       

      This
Agreement may not be amended or modified except by an instrument in writing
signed by the Parties.

       

      18. Severability.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
         

        THIS IS
THE FORM OF MASTER SERVICES AGREEMENT THAT IS INTENDED TO BE ENTERED INTO
BETWEEN CTM MEDIA HOLDINGS, INC. AND IDT CORPORATION, EFFECTIVE AS OF THE
CONSUMMATION OF THE SPIN-OFF

         

      

      This
Agreement shall be deemed severable, and the invalidity or unenforceability of
any term or provision hereof shall not affect the validity or enforceability of
this Agreement or of any other term or provision hereof.  Furthermore,
in lieu of any such invalid or unenforceable term or provision, the Parties
intend that there shall be added as a part of this Agreement a provision as
similar in terms to such invalid or unenforceable provision as may be valid and
enforceable, so as to effect the original intent of the Parties to the greatest
extent possible.

       

      19. Counterparts.

       

      This
Agreement may be executed in one or more counterparts, and by the
Parties  in separate counterparts, each of which when executed shall
be deemed to be an original but all of which taken together shall constitute one
and the same agreement.

      

       

      [REMAINDER
OF THIS PAGE INTENTIONALLY LEFT BLANK]

       

       

       

       

       

       

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      THIS IS
THE FORM OF MASTER SERVICES AGREEMENT THAT IS INTENDED TO BE ENTERED INTO
BETWEEN CTM MEDIA HOLDINGS, INC. AND IDT CORPORATION, EFFECTIVE AS OF THE
CONSUMMATION OF THE SPIN-OFF

    

     

     

    
      

      IN
WITNESS WHEREOF, the Parties have duly executed this Agreement as of the date
first written above.

       

      
        
          
            	 
      	 
      	 
      	 
      	 
      
	
                    CTM
      MEDIA HOLDINGS, INC.

                  
	 
      	 
      
	
                    By:

                  	 
      	 
      
	 
      	 
      	
                    Name:

                  	 
      	 
      
	 
      	 
      	
                    Title:

                  	 
      	 
      
	 
      
	
                    IDT
      CORPORATION

                  
	 
      	 
      
	
                    By:

                  	 
      	 
      
	 
      	 
      	
                    Name:

                  	 
      	 
      
	 
      	 
      	
                    Title:

                  	 
      	 
      

          

        

      

       

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
         

        THIS IS
THE FORM OF MASTER SERVICES AGREEMENT THAT IS INTENDED TO BE ENTERED INTO
BETWEEN CTM MEDIA HOLDINGS, INC. AND IDT CORPORATION, EFFECTIVE AS OF THE
CONSUMMATION OF THE SPIN-OFF

      SCHEDULE
A

       

      
        	
                Recipient:

              	
                CTM
      Media Holdings, Inc.

              

      

       

      
        	
                Provider:

              	
                IDT
      Corporation

              

      

       

      
        	
                Start Date:

              	
                [INSERT
      DATE]

              

      

       

      
        	
                Term:

              	
                Annual

              

      

       

      Description
of Service: [INSERT
DESCRIPTION].
This includes, but is not limited to, the following service
elements:

       

      
        	 
      	
                •

              	 
      	
                [INSERT
      ELEMENTS]

              

      

       

       

      Fee
(other than allocated cost basis): IDT’s costs to the extent incurred in
providing this Service to CTM. CTM will be accorded reasonable and appropriate
audit rights with respect to any IDT costs charged to CTM in accordance with the
foregoing.

       

      Recipient
Contacts:

      

      [INSERT
CONTACTS]

       

      Acknowledgement:

       

      
        	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                Recipient:

              	 
      	 
      	 
      	
                Provider:

              
	 
      	 
      	 
      	 
      	 
      
	
                By:

              	 
      	
                CTM
      MEDIA HOLDINGS, INC.

              	 
      	 
      	 
      	
                By:

              	 
      	
                IDT
      Corporation

              
	 
      	 
      	 
      	 
      	 
      
	
                Name:

              	 
      	 
      	 
      	 
      	 
      	
                Name:

              	 
      	 
      
	
                Title:

              	 
      	 
      	 
      	 
      	 
      	
                Title:

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