Document:

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                                                                   Exhibit 10.12

               ---------------------------------------------------

                                THE FINDWHAT.COM
                           EMI REPLACEMENT OPTION PLAN
               ---------------------------------------------------

                Date of Adoption                       4 June 2004
                Expiry Date                            4 June 2014

NOTICE OF OPTIONS GRANTED UNDER THIS PLAN MUST BE SUBMITTED TO THE INLAND
REVENUE WITHIN NINETY TWO (92) DAYS OF THE DATE OF GRANT OF EACH OPTION

                                Baker & McKenzie
                              100 New Bridge Street
                                 London EC4V 6JA
                                     CJC/SYM

                                       A-1

<PAGE>

1.       DEFINITIONS AND INTERPRETATION

         1.1 In this Plan the following words and expressions shall, unless the
         context otherwise requires, have the following respective meanings:

1.1.1    "ADOPTION DATE" means the date on which this Plan is adopted by the
         Company;

1.1.2    "ASSOCIATED COMPANY" means any firm, company or other organisation:

             (i)   which is directly or indirectly Controlled by the Company; or

             (ii)  which directly or indirectly Controls the Company; or

             (iii) which is directly or indirectly Controlled by a third party
                   who also directly or indirectly Controls the Company;

1.1.3    "AUDITORS" means the Company's auditors for the time being;

1.1.4    "THE BOARD" means the Board of Directors or other governing body for
         the time being of the Company or, except in Rule 11.6, any duly
         authorised committee thereof;

1.1.5    "CHANGE OF CONTROL" means the transfer (whether through a single
         transaction or a series of transactions) of Shares to any person (or
         persons connected with each other, or persons acting in concert with
         each other) who, as a consequence of such transfer of Shares would
         obtain Control (direct or indirect) of the Company, or a merger or
         consolidation or takeover of the Company;

1.1.6    "THE COMPANY" means FindWhat.com, a Delaware corporation;

1.1.7    "CONTROL" has the same meaning as in section 840 of the Income and
         Corporation Taxes Act 1988;

1.1.8    "DATE OF GRANT" means, in relation to the grant of a Replacement
         Option, the date the option being replaced was originally granted;

1.1.9    "ELIGIBLE EMPLOYEE" means any employed director or any employee of the
         Company or any Qualifying Subsidiary whose committed time (as defined
         in paragraph 26(2) of Schedule 5) equals at least 25 hours per week or,
         if less, 75% of his working time (as defined in paragraph 27 of
         Schedule 5);

1.1.10   "EXERCISE PRICE" means the price at which each Share subject to an
         Option may be acquired on the exercise of that Option, being a price
         determined by the Board in good faith in its discretion;

1.1.11   "MARKET VALUE" means the market value of a Share determined in
         accordance with the provisions of Part VIII of the Taxation of
         Chargeable Gains Act 1992 and agreed with the Inland Revenue's Shares
         Valuation;

1.1.12   "OPTION" means a right to acquire Shares pursuant to this Plan which is
         still subsisting;

1.1.13   "OPTION HOLDER" means an individual to whom an Option has been granted
         or his personal representatives;

1.1.14   "THIS PLAN" means the FindWhat.com EMI Replacement Option Plan as from
         time to time amended;

1.1.15   "QUALIFYING SUBSIDIARY" means any company which falls within paragraph
         11 of Schedule 5;

1.1.16   "REPLACEMENT OPTION" has the meaning given in paragraph 41 of Schedule
         5;

<PAGE>

1.1.17   "RULES" means the Rules of this Plan;

1.1.18   "SALE" means a sale of all or substantially all the assets of the
         Company and its Subsidiaries, if any;

1.1.19   "SCHEDULE 5" means Schedule 5 to the Income Tax (Earnings and Pensions)
         Act 2003;

1.1.20   "SHARES" means Common Stock with a par value of $0.001 each in the
         capital of the Company which comply with paragraph 35 of Schedule 5.

1.2      Except insofar as the context otherwise requires:

1.2.1    words denoting the singular shall include the plural and vice versa;

1.2.2    words denoting the masculine gender shall include the feminine gender;

1.2.3    a reference to any enactment shall be construed as a reference to that
         enactment as from time to time amended, extended or re-enacted.

2.       PURPOSE OF THE PLAN

2.1      The purpose of the Plan is to grant Options for commercial reasons in
         order to retain Eligible Employees, and not as part of a scheme or
         arrangement the main purpose, or one of the main purposes, of which is
         the avoidance of tax.

2.2      Only Options which are Replacement Options may be granted by the Board
         under this Plan.

3.       GRANT OF OPTIONS

3.1      Subject to the limits set out in these Rules and Schedule 5, the Board
         may, in its absolute discretion, at any time grant Options to Eligible
         Employees as it shall select. No further Options may be granted whilst
         there exist subsisting Options granted under the Plan where their grant
         would breach any limits set out in these Rules or Schedule 5.

3.2      An Option shall be personal to the Option Holder and may not, save as
         otherwise specifically provided in this Plan, be transferred, assigned
         or charged.

3.3      No Option shall be granted under the Plan to any person who is
         precluded by paragraph 28 (material interest) of Schedule 5 from
         eligibility.

4.       OPTION AGREEMENTS

4.1      Options granted pursuant to Rule 3.1 above will be evidenced by an
         Option Agreement signed by the Option Holder to indicate his or her
         acceptance of its terms. The Option Agreement shall state the Date of
         Grant of the Option, that it is granted pursuant to Schedule 5, the
         number, or maximum number, of Shares subject to the Option, the
         Exercise Price payable for each Share subject to the Option and any
         conditions or vesting provisions which attach to the exercise of the
         Option, and details of any restrictions (including risk of forfeiture
         provisions and any related conditions) attaching to the Shares subject
         to the Option.

4.2      The Option Agreement shall be in substantially the form attached to
         this Plan as Schedule I or in such other form as the Board may from
         time to time prescribe which complies with the requirements of Schedule
         5.

4.3      An Option Holder may renounce any Option granted to him within 30 days
         after the Date of Grant and if an Option is so renounced it will be
         deemed never to have been granted to him.

<PAGE>

5.       PLAN LIMITS

5.1      This Plan shall commence on the Adoption Date and shall (unless
         previously terminated by a resolution of the Board or a resolution of
         the Company in general meeting) terminate upon the expiry of a period
         of 10 years from such date. Upon termination (however it occurs) no
         further Options shall be granted, but termination shall be without
         prejudice to any accrued rights in existence at the date of
         termination.

5.2      The power of the Board to grant Options under Rule 3 shall be limited
         and take effect so that following any grant of Options under the Plan,
         an Option Holder will not hold Options granted under the Plan or any UK
         Inland Revenue approved CSOP scheme operated by the Company or any
         Qualifying Subsidiary over Shares with an aggregate market value in
         excess of any limit as may apply from time to time under Schedule 5,
         determined on the basis of the Market Value of the Shares as at the
         Date of Grant of the relevant Option and the market value as at the
         date of grant of any options granted under any UK Inland Revenue
         approved CSOP scheme.

5.3      The number of Shares over which Options are granted under this Plan
         shall be taken into account when calculating the share limits contained
         in section 3 of the FndWhat.com 2003 Stock Incentive Plan, in
         accordance with the terms of that section.

6.       TIME OF EXERCISE

6.1      Options shall vest in accordance with the terms of the Option Agreement
         and shall only become exercisable (subject to Rule 6.2 or any contrary
         specific provision contained in the Option Agreement) on the earliest
         to occur of the following:

6.1.1    the Board serving written notice on all Option Holders of the receipt
         of a third party arms length offer being made to any shareholder or
         shareholders the completion of which will result in the occurrence of a
         Sale, other than in circumstances where the assets are sold to an
         Associated Company or the Company is liquidated for the purposes of
         amalgamation, reorganisation or reconstruction of whatsoever kind,
         which notice shall specify the time limit by which any exercise of
         rights must be finalised and shall state that any exercise is subject
         to actual completion of the Sale;

6.1.2    the Board serving written notice on all Option Holders of the receipt
         of a third party arms length offer being made to any shareholder or
         shareholders the completion of which will result in the occurrence of a
         Change of Control, other than in circumstances where the Change of
         Control is to an Associated Company or the Company is liquidated for
         the purposes of amalgamation, reorganisation or reconstruction of
         whatsoever kind, which notice shall specify the time limit by which any
         exercise of rights must be finalised and shall state that any exercise
         is subject to actual completion of the Change of Control;

6.1.3    the date on which an Option Holder ceases to be an Eligible Employee of
         the Company or any Qualifying Subsidiary for any reason other than
         where he so ceases as a result of termination on his committing any
         breach which would entitle the Company or any Associated Company to
         terminate without notice that Option Holder's position as an Eligible
         Employee of the Company or any Associated Company whether under the
         terms of that Option Holder's employment contract or otherwise;

6.1.4    on each date that the Option shall vest whether in whole or in part in
         accordance with the Option Agreement.

6.2      Options shall vest (but not become exercisable purely as a result of
         this Rule 6.2) if the Company serves a notice of intention to procure
         (an "Intention Notice") that Option Holders are to be granted new
         rights within six months of an event under Rule 6.1.1 or 6.1.2 in
         substitution for all or any part of the rights they hold as Option
         Holders. The Company has the right to revoke the Intention Notice prior
         to the said event to the effect that the Intention Notice had never
         been served and may instead serve notice under Rules 6.1.1 or 6.1.2.

6.3      Where new rights are granted in accordance with Rule 6.2, they must be,
         in the opinion of the Auditors (acting as experts and not as
         arbitrators) no less valuable overall than the prior rights.
<PAGE>

7.       LAPSE OF OPTIONS

7.1      Options shall lapse on the earliest of the following dates:

7.1.1    the tenth anniversary of the Date of Grant;

7.1.2    subject to Rule 7.2, immediately on completion or, if earlier, the
         expiry of the date specified in the written notice of the Sale or
         Change of Control in accordance with Rule 6.1.1 or Rule 6.1.2 above;

7.1.3    immediately upon the date on which an Option Holder commits any breach
         which would entitle the Company or any Associated Company to terminate
         without notice the employment of the Option Holder as an Eligible
         Employee of the Company or any Associated Company whether under the
         terms of that Option Holder's employment contract or otherwise;

7.1.4    one month after the date on which an Option Holder ceases to be an
         Eligible Employee of the Company or any Associated Company in
         accordance with Rule 6.1.3 above;

7.1.5    the passing of an effective resolution or the making of an order by the
         Court for the winding-up of the Company.

7.2      Where an Intention Notice has been served under Rule 6.2 and has not
         been revoked, the Option shall lapse at the expiry of six months from
         the date of the Sale or Change of Control (as applicable) or earlier at
         the date (if any) specified in the Intention Notice.

8.       MANNER OF EXERCISE OF OPTIONS

8.1      An Option shall be exercised by notice in writing (in the form
         prescribed by the Company) given by the Option Holder, or as the case
         may be his personal representatives, to the Company and the notice of
         exercise of the Option shall be accompanied by:

8.1.1    the relevant Option Agreement; and

8.1.2    a remittance for the total Exercise Price payable.

8.2      The Option Holder shall also deliver a remittance for the tax and/or
         social security contributions, if required by the Company or an
         Associated Company pursuant to Rule 10.3, as a condition of receiving
         the Shares pursuant to Rule 8.3.

8.3      Within 30 days after receipt of a notice of exercise, the Option
         Agreement and the appropriate remittance (if any) required pursuant to
         Rule 8.1 above, the Board shall issue or procure the transfer to the
         Option Holder of the number of Shares in respect of which the Option
         has been validly exercised. Save for any rights determined by reference
         to a date on or before the date of issuance, any Shares which are
         issued shall rank pari passu and as one class with the other issued
         shares of the same class.

8.4      In respect of any Shares issued under this Plan at a time when the
         Shares are listed on a stock exchange, the Company shall make
         application to the stock exchange in question for such Shares to be
         admitted to listing.

9.       VARIATION OF SHARE CAPITAL

9.1      Subject to Rule 9.2 below, in the event of any variation in the share
         capital of the Company (whenever affected) by way of capitalisation or
         rights issue, sub-division, consolidation, reduction or otherwise, the
         Board may make such adjustments as it considers appropriate to:

9.1.1    the number of Shares in respect of which any Option may be exercised;
         and

9.1.2    the Exercise Price at which Shares may be acquired by the exercise of
         any such Option; or

<PAGE>

9.1.3    where any such Option has been exercised but no Shares have been issued
         or transferred to such exercise, the number of Shares which may be so
         issued or transferred and the Exercise Price at which they may be so
         acquired,

provided that the overall value of the Option is unchanged and provided that no
alteration may be made to an Option which falls outside the provisions of
Schedule 5.

9.2      As soon as reasonably practicable after making any adjustment under
         Rule 9.1 above, the Board shall give notice in writing thereof to any
         Option Holder affected thereby.

10.      WITHHOLDING

The Company or any Associated Company shall be entitled to withhold, and the
Option Holder shall be obliged to pay, the amount of any tax and/or national
insurance contributions (including if applicable the employer's secondary Class
1 national insurance contributions) attributable to or payable in connection
with the grant or any vesting, exercise, release or assignment of any Option (i)
by deduction from the Option Holder's salary or other earnings or payments due
at any time, (ii) directly from the Option Holder and/or (iii) by selling some
of the Shares the Option Holder is entitled to receive on the exercise of the
Option. The Company may also withhold some or all of the Shares due to the
Option Holder on the exercise of the Option until such tax and/or national
insurance contributions have been so recovered.

11.      ADMINISTRATION AND AMENDMENT

11.1     The Board shall have power from time to time to make and vary such
         regulations (not being inconsistent with this Plan or Schedule 5) for
         the implementation and administration of this Plan as it thinks fit.

11.2     The decision of the Board, or any committee appointed pursuant to Rule
         11.6, shall be final and binding in all matters relating to this Plan
         (other than in the case of matters to be confirmed by the Auditors in
         accordance with these Rules).

11.3     The Rules may be altered from time to time by the Board save that no
         alteration or addition may be made to the advantage of Option Holders
         without the approval of the Company in general meeting unless it is a
         minor amendment to benefit the administration of the Plan in which case
         the approval of the Company in general meeting is not necessary. No
         amendment shall be made which would adversely affect any of the
         subsisting rights of Option Holders without the written consent of
         Option Holders who, if all Subsisting Options were to be exercised in
         full, would become entitled to not less than three-quarters of all the
         Shares which would fall to be transferred and/or allotted.

11.4     Written notice of any amendment to this Plan shall be given to all
         Option Holders.

11.5     The Company shall not be obliged to provide Eligible Employees or
         Option Holders with copies of any notices, circulars or other documents
         sent to shareholders of the Company.

11.6     The Board may establish a committee to which it may delegate its powers
         under this Plan. The Board may, at any time, alter or direct the manner
         in which the committee shall act.

11.7     In any matter in which they are required to act under this Plan, the
         Auditors shall be deemed to be acting as experts and not as arbitrators
         and their determinations shall be final and binding on all parties.

12.      GENERAL

12.1     No person shall be treated for the purposes of this Plan as ceasing to
         be an Eligible Employee of the Company or any Associated Company until
         he ceases to be an Eligible Employee of the Company and all other
         Associated Companies.

<PAGE>

12.2     Notwithstanding any provision of any other Rule, the rights and
         obligations of any individual under the terms of his office or
         employment with the Company or any Associated Company shall not be
         affected by his participation in this Plan or any right which he may
         have to participate therein. An individual who is granted any Options
         pursuant to this Plan shall have no rights to compensation or damages
         in consequence of the termination of his office or employment with the
         Company or an Associated Company for any reason whatsoever, whether or
         not in breach of contract, insofar as those rights arise or may arise
         from his ceasing to have rights under or be entitled to exercise any
         Options under this Plan as a result of such termination or from the
         loss or diminution in value of such rights or entitlements. If an
         individual did acquire any such rights, he would be deemed to have
         waived them irrevocably by not renouncing the Option pursuant to Rule
         3.3.

12.3     Save as otherwise provided in this Plan any notice or communication to
         be given by the Company to any Eligible Employee or Option Holder may
         be personally delivered or sent by fax or by ordinary post to his last
         known address and where a notice or communication is sent by post it
         shall be deemed to have been received 72 hours after the same was put
         into the post properly addressed and stamped. Share certificates and
         other communications sent by post will be sent at the risk of the
         Eligible Employee or Option Holder concerned and the Company shall have
         no liability to any such persons in respect of any notification,
         document, share certificate or other communication so given, sent or
         made.

12.4     Any notice to be given to the Company shall be faxed, delivered or sent
         to the Company at its registered office and shall be effective upon
         receipt.

12.5     Options granted under this Plan shall be governed by and construed in
         accordance with the laws of England.

<PAGE>

                                   SCHEDULE I

                  THE FINDWHAT.COM EMI REPLACEMENT OPTION PLAN

                                    OPTION AGREEMENT

Name of Option Holder:              ____________________________________________

Address of Option Holder:           ____________________________________________

                                    ____________________________________________

                                    ____________________________________________

Date of this Option Agreement:      ____________________________________________

Number of Shares

subject to Option:                  ____________________________________________

Exercise Price:                     ____________________________________________

1.       Find.What.com (the "Company") hereby grants to the Option Holder named
         above an Option to acquire the specified number of Shares in the
         Company at the Exercise Price, subject to the terms and conditions set
         out below. This Option is granted under Schedule 5 to the Income Tax
         (Earnings and Pensions) Act 2003 to replace the option the Option
         Holder was previously granted by Espotting Media Inc. on [insert date
         of grant of original option] which qualified as an Enterprise
         Management Incentives (EMI) option.

2.       The Option shall be exercisable subject to and in accordance with the
         Rules of the FindWhat.com EMI Replacement Option Plan and this Option
         Agreement. In the event of any conflict between the Rules and the terms
         of this Option Agreement, the Rules will prevail. Capitalised terms in
         this Option Agreement, which are not otherwise defined, shall bear the
         same meaning as those set out in the Rules.

3.       VESTING. The Option shall be fully vested as of the date of this Option
         Agreement.

4.       TAX WITHHOLDING. The Company or any Associated Company shall be
         entitled to withhold any tax and/or National Insurance contributions
         payable in connection with the exercise, assignment, release or
         cancellation of the Option by deduction from the Option Holder's salary
         or other earnings or payments due at any time, directly from the Option
         Holder and/or by selling some of the Shares the Option Holder is
         entitled to receive on the exercise of the Option. The Option Holder
         also agrees that the Company may withhold some or all of the Shares due
         to him/her on the exercise of the Option until such tax and/or National
         Insurance contributions have been so recovered.

5.       NO ENTITLEMENT ON TERMINATION OF EMPLOYMENT. The Option Holder hereby
         agrees that cessation of the Option Holder's rights or entitlement to
         exercise Options (or any diminution in value of the same) resulting
         from termination of the Option Holder's employment by the Company (for
         any reason whatsoever and whether or not in breach of contract) shall
         not give rise to a claim for damages and, if (notwithstanding the
         foregoing) any such claim is found by the court of competent
         jurisdiction to have arisen, then the Option Holder, by entering into
         this Option Agreement, shall be deemed irrevocably to have waived his
         or her entitlement to pursue such claim.

6.       DATA PROTECTION. The Option Holder hereby consents to the collection,
         use and transfer of personal data as described in this paragraph. The
         Option Holder understands that the Company and its Associated Companies
         hold certain personal information about him, including his name, home
         address and telephone number, date of birth, social security number,
         salary, nationality, job title, any shares or directorships held in the
         Company, details of all options or other entitlement to shares awarded,
         cancelled, exercised, vested, unvested, or outstanding in his favour
         ("Data"). The Option Holder further understands that the Company and
         its Associated Companies will transfer Data as necessary for the
         purposes of this Option and may further transfer Data to any third
         parties assisting the Company and/or its Associated Companies in
         relation to the Plan. The Option Holder understands that recipients of
         Data may be located in the European Economic Area or elsewhere. The
         Option Holder authorises recipients (including the Company) to receive,
         possess, use, retain and transfer the Data (including any requisite
         transfer to a broker or other third party with whom he may elect to
         deposit any Shares acquired pursuant to this Option of such Data as may
         be required for the subsequent holding of Shares on his behalf), in
         electronic or other form, for the purposes of implementing,
         administering and managing participation in the Plan.

<PAGE>

7.       TRANSFER OF EMPLOYER'S NATIONAL INSURANCE LIABILITY. The Option Holder
         hereby agrees to accept any liability for secondary Class 1 National
         Insurance contributions which may be payable by the Company or any
         Associated Company which employs him/her in connection with the Option,
         in accordance with the Form of Election set out in the following
         paragraphs:

                                FORM OF ELECTION

Purpose of Election

(a)      This Election relates to the employer's secondary Class 1 National
         Insurance Contributions (the "Employer's Liability") which may arise
         on:

         (i)     the acquisition of securities pursuant to the Option; and/or
         (ii)    the assignment or release of the Option in return for
                 consideration; and/or
         (iii)   the receipt of any other benefit in money or money's worth in
                 connection with the Option,

(each, a "Taxable Event") pursuant to section 4(4)(a) of the Social Security
Contributions and Benefits Act 1992.

The Election

(b)      The Option Holder and the Company, on behalf of Espotting Media (UK)
         Limited (the "Employer"), jointly elect that the entire liability of
         the Employer to pay the Employer's Liability on the Taxable Event is
         hereby transferred to the Option Holder. The Option Holder understands
         that by signing this Election he or she will become personally liable
         for the Employer's Liability covered by this Election.

Payment of the Employer's Liability

(c)      The Option Holder hereby authorises the Company and/or the Employer to
         collect the Employer's Liability from the Option Holder at any time
         after the Taxable Event:

         (i)     by deduction from salary or any other payment payable to the
                 Option Holder at any time on or after the date of the Taxable
                 Event; and/or
         (ii)    directly from the Option Holder by payment in cash or cleared
                 funds; and/or
         (iii)   by arranging, on behalf of the Option Holder, for the sale of
                 some of the securities which the Option Holder is entitled to
                 receive in respect of the Option.

(d)      The Company hereby reserves for itself and the Employer the right to
         withhold the transfer of any securities to the Option Holder until full
         payment of the Employer's Liability is received.

(e)      The Company agrees to remit the Employer's Liability to the Inland
         Revenue on behalf of the Option Holder within 14 days after the end of
         the UK tax month during which the Taxable Event occurs.

Duration of Election

(f)      The Option Holder and the Company agree to be bound by the terms of
         this Election regardless of whether the Option Holder is transferred
         abroad or is not employed by the Employer on the date on which the
         Employer's Liability becomes due.

(g)      This Election will continue in effect until the earliest of the
         following:

<PAGE>

         (i)     the Option Holder and the Company agree in writing that it
                 should cease to have effect;
         (ii)    on the date the Company serves written notice on the Option
                 Holder terminating its effect;
         (iii)   on the date the Inland Revenue withdraws approval of this
                 Election; or
         (iv)    after due payment of the Employer's Liability in respect of the
                 entirety of the Option to which this Election relates, such
                 that the Election ceases to have effect in accordance with its
                 terms.

The Option Holder agrees to the grant of this Option subject to the terms and
conditions of the FindWhat.com EMI Replacement Option Plan and this Option
Agreement

EXECUTED AS A DEED on behalf                )
of FINDWHAT.COM                             )

Authorised Signatory                                 ___________________________

Authorised Signatory                                 ___________________________

EXECUTED AS A DEED by                       )
OPTION HOLDER                               )        ___________________________

In the presence of                          )

Witness Name                                         ___________________________

Witness Signature                                    ___________________________

Witness Address                                      ___________________________<PAGE>

                                                                   Exhibit 10.13

                                                            STOCK OPTION NO. ___

                                  FINDWHAT.COM
                             STOCK OPTION AGREEMENT
                            2004 STOCK INCENTIVE PLAN

         This Stock Option Agreement dated this _____ day of _______________,
20___ ("Award Agreement"), is entered into by and between _______________ (the
"Participant") and FindWhat.com (the "Company"), a Nevada corporation.

         WHEREAS, the Company has adopted the 2004 Stock Incentive Plan (the
"Plan") administered by the Compensation Committee of the Company's Board of
Directors (the "Committee"); and
         WHEREAS, pursuant to the Plan, the Committee has granted an option to
the Participant and the Company and Participant are executing this Award
Agreement to evidence the grant of and terms of such option.

GRANT OF OPTION. The Company hereby grants an option (the "Option") pursuant to
the following terms:

    1.   Date of Grant:     ___________________

    2.   Number of Shares:  ___________________

    3.   Exercise Price:    ___________________

    4.   Expiration Date:   ___________________

    5. Vesting:

<TABLE>
<CAPTION>
       ------------------------------------------------- ---------------------------------------
                     PERIOD OF EMPLOYMENT                          VESTED PERCENTAGE
                     (FROM DATE OF GRANT)
       ------------------------------------------------- ---------------------------------------
   <S>                                                                    <C>
                      Less than One Year                                   0%
       ------------------------------------------------- ---------------------------------------
           At Least One Year but Less than Two Years                      __%
       ------------------------------------------------- ---------------------------------------
         At Least Two Years but Less than Three Years                     __%
       ------------------------------------------------- ---------------------------------------
                             Etc...-                                       _%
       ------------------------------------------------- ---------------------------------------
</TABLE>

[OR]
This option shall vest and be fully exercisable as follows[_____________].

    6.   Tax Status. The Option is [NOT] intended to qualify as an Incentive
         Stock Option pursuant to Section 422 of the Internal Revenue Code of
         1986.

ADDITONAL TERMS. The Option and this Award Agreement are subject to the terms
and provisions of Exhibit A hereto and the Plan, and except where the context
clearly indicates otherwise, all capitalized terms used herein and in Exhibit A
shall have the same meaning ascribed to them by the Plan. By executing this
Award Agreement, the Participant agrees to be bound by the terms and provisions
of this Agreement, Exhibit A, the Plan, by the actions of the Committee, and by
the actions of the Board of the Company under the Plan.

         IN WITNESS WHEREOF, THE Company and the Participant have executed this
Award Agreement.

                                          COMPANY

                                          By:      _________________________
                                          Title:   _________________________

                                          PARTICIPANT

                                          __________________________________
                                          __________________________________
                                          Printed Name

                                          Date: __________________________

<PAGE>

EXHIBIT A TO FINDWHAT.COM
STOCK OPTION AGREEMENT
2004 STOCK INCENTIVE PLAN

1.   THIS OPTION MAY, BUT NEED NOT, BE EXERCISED IN INSTALLMENTS.

2.   THIS OPTION MAY BE EXERCISED ONLY TO THE EXTENT VESTED.

3.   IN THE EVENT OF TERMINATION OF EMPLOYMENT OF PARTICIPANT, THE NUMBER OF
     SHARES WHICH MAY BE PURCHASED PURSUANT TO THIS OPTION SHALL BE DETERMINED
     IN ACCORDANCE WITH THE TERMS OF THE PLAN. [FOR USE IN EMPLOYEE OPTIONS
     ONLY]

4.   NOTWITHSTANDING PARAGRAPH 3 THIS OPTION SHALL IMMEDIATELY TERMINATE IN THE
     EVENT THE PARTICIPANT ENGAGES, DIRECTLY OR INDIRECTLY, FOR THE BENEFIT OF
     THE PARTICIPANT OR OTHERS, IN ANY ACTIVITY, EMPLOYMENT OR BUSINESS DURING
     EMPLOYMENT OR WITHIN TWELVE (12) MONTHS AFTER THE DATE OF TERMINATION OR
     RETIREMENT WHICH, IN THE SOLE OPINION AND DISCRETION OF THE COMPENSATION
     COMMITTEE OR ITS DELEGATE, IS COMPETITIVE WITH THE COMPANY OR ANY OF ITS
     SUBSIDIARIES. [FOR USE IN EMPLOYEE OPTIONS ONLY]

5.   NOTWITHSTANDING PARAGRAPH 3, THIS OPTION SHALL IMMEDIATELY TERMINATE, IF IN
     THE SOLE OPINION AND DISCRETION OF THE COMPENSATION COMMITTEE OR ITS
     DELEGATE, THE PARTICIPANT (A) ENGAGES IN A MATERIAL BREACH OF THE COMPANY'S
     CODE OF BUSINESS CONDUCT OR SIMILAR POLICY; (B) COMMITS AN ACT OF FRAUD,
     EMBEZZLEMENT OR THEFT IN CONNECTION WITH THE PARTICIPANT'S DUTIES OR IN THE
     COURSE OF EMPLOYMENT; OR (C) WRONGFULLY DISCLOSES SECRET PROCESSES OR
     CONFIDENTIAL INFORMATION OF THE COMPANY OR ITS SUBSIDIARIES. [FOR USE IN
     EMPLOYEE OPTIONS ONLY]

6.   THIS OPTION MAY NOT UNDER ANY CIRCUMSTANCES BE EXERCISED ON OR AFTER THE
     TENTH (10) ANNIVERSARY OF THE GRANT DATE.

7.   NOTHING HEREIN CONFERS UPON THE PARTICIPANT ANY RIGHT TO CONTINUE IN THE
     EMPLOY OF THE COMPANY OR OF ANY SUBSIDIARY. [FOR USE IN EMPLOYEE OPTIONS
     ONLY]

8.   THIS OPTION IS NOT TRANSFERABLE OTHERWISE THAN BY WILL OR THE LAWS OF
     DESCENT AND DISTRIBUTION AND IS EXERCISABLE DURING THE PARTICIPANT'S
     LIFETIME ONLY BY THE PARTICIPANT. IT MAY NOT BE ASSIGNED, TRANSFERRED
     (EXCEPT AS AFORESAID), PLEDGED OR HYPOTHECATED IN ANY WAY, WHETHER BY
     OPERATION OF LAW OR OTHERWISE, AND SHALL NOT BE SUBJECT TO EXECUTION,
     ATTACHMENT, OR SIMILAR PROCESS. ANY ATTEMPT AT ASSIGNMENT, TRANSFER,
     PLEDGE, HYPOTHECATION, OR OTHER DISPOSITION OF THIS OPTION CONTRARY TO THE
     PROVISIONS HEREOF AND THE LEVY OF ANY ATTACHMENT OR SIMILAR PROCESS UPON
     THIS OPTION, SHALL BE NULL AND VOID AND WITHOUT EFFECT.

                                       2
<PAGE>

EXHIBIT A TO FINDWHAT.COM
STOCK OPTION AGREEMENT
2004 STOCK INCENTIVE PLAN

9.   THE OPTION MAY BE EXERCISED ONLY BY DELIVERING TO THE SECRETARY OR OTHER
     DESIGNATED EMPLOYEE OR AGENT OF THE COMPANY A WRITTEN, ELECTRONIC, OR
     TELEPHONIC NOTICE OF EXERCISE, SPECIFYING THE NUMBER OF COMMON SHARES WITH
     RESPECT TO WHICH THE OPTION IS THEN BEING EXERCISED, AND BY PAYMENT OF THE
     FULL PURCHASE PRICE OF THE SHARES BEING PURCHASED IN ACCORDANCE WITH THE
     TERMS OF THE PLAN.

10.  THE COMPANY SHALL NOT BE REQUIRED TO ISSUE OR DELIVER ANY SHARES PURCHASED
     UPON ANY EXERCISE PENDING COMPLIANCE WITH ALL APPLICABLE FEDERAL AND STATE
     SECURITIES AND OTHER LAWS (INCLUDING ANY REGISTRATION REQUIREMENTS) AND
     COMPLIANCE WITH THE RULES AND PRACTICES OF ANY STOCK EXCHANGE UPON WHICH
     THE COMPANY'S COMMON SHARES ARE LISTED.

11.  IN THE EVENT THERE IS ANY CHANGE IN THE NUMBER OF ISSUED COMMON SHARES OF
     THE COMPANY WITHOUT NEW CONSIDERATION TO THE COMPANY (SUCH AS BY STOCK
     DIVIDENDS OR STOCK SPLIT-UPS), THEN (I) THE NUMBER OF SHARES AT THE TIME
     UNEXERCISED UNDER THIS OPTION SHALL BE CHANGED IN PROPORTION TO SUCH CHANGE
     IN ISSUED SHARES; AND (II) THE OPTION PRICE FOR THE UNEXERCISED PORTION OF
     THE OPTION SHALL BE ADJUSTED SO THAT THE AGGREGATE CONSIDERATION PAYABLE TO
     THE COMPANY UPON THE PURCHASE OF ALL SHARES NOT THERETOFORE PURCHASED SHALL
     NOT BE CHANGED.

     IF THE OUTSTANDING COMMON SHARES OF THE COMPANY SHALL BE COMBINED, OR
     BE CHANGED INTO ANOTHER KIND OF STOCK OF THE COMPANY OR INTO SECURITIES
     OF ANOTHER CORPORATION, WHETHER THROUGH RECAPITALIZATION,
     REORGANIZATION, SALE, MERGER, CONSOLIDATION, SPIN-OFF, ETC., THE
     COMPANY SHALL CAUSE ADEQUATE PROVISION TO BE MADE WHEREBY THE PERSON OR
     PERSONS ENTITLED TO EXERCISE THIS OPTION SHALL THEREAFTER BE ENTITLED
     TO RECEIVE, UPON DUE EXERCISE OF ANY PORTION OF THE OPTION, THE
     SECURITIES WHICH THAT PERSON WOULD HAVE BEEN ENTITLED TO RECEIVE FOR
     COMMON SHARES ACQUIRED THROUGH EXERCISE OF THE SAME PORTION OF SUCH
     OPTION IMMEDIATELY PRIOR TO THE EFFECTIVE DATE OF SUCH
     RECAPITALIZATION, REORGANIZATION, SALE, MERGER, CONSOLIDATION,
     SPIN-OFF, ETC. IF APPROPRIATE, DUE ADJUSTMENT SHALL BE MADE IN THE PER
     SHARE OR PER UNIT PRICE OF THE SECURITIES PURCHASED ON EXERCISE OF THIS
     OPTION FOLLOWING SAID RECAPITALIZATION, REORGANIZATION, SALE, MERGER,
     CONSOLIDATION, SPIN-OFF, ETC.

12.  NEITHER THIS OPTION, SHARES ISSUED UPON ITS EXERCISE, ANY EXCESS OF MARKET
     VALUE OVER OPTION PRICE, NOR ANY OTHER RIGHTS, BENEFITS, VALUES OR INTEREST
     RESULTING FROM THE GRANTING OF THIS OPTION SHALL BE CONSIDERED AS
     COMPENSATION FOR PURPOSES OF ANY PENSION OR RETIREMENT PLAN, INSURANCE
     PLAN, INVESTMENT OR STOCK PURCHASE PLAN, OR ANY OTHER EMPLOYEE BENEFIT PLAN
     OF THE COMPANY OR ANY OF ITS SUBSIDIARIES.

13.  THE GRANT OF A STOCK OPTION UNDER THE PLAN DOES NOT CREATE ANY CONTRACTUAL
     OR OTHER RIGHT TO RECEIVE ADDITIONAL STOCK OPTION GRANTS OR OTHER PLAN
     BENEFITS IN THE FUTURE. NOTHING CONTAINED IN THIS AWARD AGREEMENT IS
     INTENDED TO CREATE OR ENLARGE ANY OTHER CONTRACTUAL OBLIGATIONS BETWEEN THE
     COMPANY OR ANY OF ITS SUBSIDIARIES AND THE PARTICIPANT. FUTURE GRANTS, IF
     ANY, AND THEIR TERMS AND CONDITIONS, WILL BE AT THE SOLE DISCRETION OF THE
     COMPENSATION COMMITTEE. THE PARTICIPANT ACKNOWLEDGES AND AGREES THAT THE
     AWARD OF AN OPTION PURSUANT TO THIS AWARD AGREEMENT IS NOT AN ELEMENT OF
     THE PARTICIPANT'S COMPENSATION, INCLUDING, BUT NOT LIMITED TO, WITH RESPECT
     TO THE DETERMINATION OF ANY SEVERANCE, REDUNDANCY OR RESIGNATION PAYMENTS
     OR BENEFITS, AND HAS BEEN AWARDED AT THE COMPANY'S SOLE DISCRETION.

                                       3
<PAGE>

EXHIBIT A TO FINDWHAT.COM
STOCK OPTION AGREEMENT
2004 STOCK INCENTIVE PLAN

14.  THIS AWARD AGREEMENT IS INTENDED TO GRANT THE OPTION UPON THE TERMS AND
     CONDITIONS AUTHORIZED BY THE PLAN. EACH AND EVERY PROVISION OF THIS AWARD
     AGREEMENT SHALL BE ADMINISTERED, INTERPRETED, AND CONSTRUED SO THAT THE
     OPTION SHALL CONFORM TO THE PROVISIONS OF THE PLAN. ANY PROVISIONS OF THIS
     AWARD AGREEMENT THAT CANNOT BE SO ADMINISTERED, INTERPRETED, OR CONSTRUED
     SHALL BE DISREGARDED. IN THE EVENT THAT ANY PROVISION OF THIS AWARD
     AGREEMENT IS HELD INVALID OR UNENFORCEABLE BY A COURT OF COMPETENT
     JURISDICTION, SUCH PROVISION SHALL BE CONSIDERED SEPARATE AND APART FROM
     THE REMAINDER OF THIS AWARD AGREEMENT, WHICH SHALL REMAIN IN FULL FORCE AND
     EFFECT. IN THE EVENT THAT ANY PROVISION IS HELD TO BE UNENFORCEABLE FOR
     BEING UNDULY BROAD AS WRITTEN, SUCH PROVISION SHALL BE DEEMED AMENDED TO
     NARROW ITS APPLICATION TO THE EXTENT NECESSARY TO MAKE THE PROVISION
     ENFORCEABLE ACCORDING TO APPLICABLE LAW AND SHALL BE ENFORCED AS AMENDED.

15.  IF ANY RESTRICTIONS SET FORTH IN SECTION 4 OF EXHIBIT A OF THIS AWARD
     AGREEMENT ARE FOUND BY ANY COURT OF COMPETENT JURISDICTION TO BE
     UNENFORCEABLE BECAUSE IT EXTENDS FOR TOO LONG A PERIOD OF TIME OR OVER TOO
     GREAT A RANGE OF ACTIVITIES OR IN TOO BROAD A GEOGRAPHIC AREA, IT SHALL BE
     INTERPRETED TO EXTEND ONLY OVER THE MAXIMUM PERIOD OF TIME, RANGE OF
     ACTIVITIES OR GEOGRAPHIC AREA AS TO WHICH IT MAY BE ENFORCEABLE. THE
     INVALIDITY OR UNENFORCEABILITY OF ANY PROVISION OF THIS AWARD AGREEMENT
     SHALL NOT AFFECT THE VALIDITY OR ENFORCEABILITY OF ANY OTHER PROVISION OF
     THIS AWARD AGREEMENT.

16.  THE PARTICIPANT VOLUNTARILY ACKNOWLEDGES AND CONSENTS TO THE COLLECTION,
     USE, PROCESSING AND TRANSFER OF PERSONAL DATA AS DESCRIBED IN THIS SECTION.
     THE PARTICIPANT IS NOT OBLIGED TO CONSENT TO SUCH COLLECTION, USE,
     PROCESSING AND TRANSFER OF PERSONAL DATA. HOWEVER, FAILURE TO PROVIDE THE
     CONSENT MAY AFFECT THE PARTICIPANT'S ABILITY TO PARTICIPATE IN THE PLAN.
     THE COMPANY AND ITS SUBSIDIARIES HOLD CERTAIN PERSONAL INFORMATION ABOUT
     THE PARTICIPANT, INCLUDING THE PARTICIPANT'S NAME, HOME ADDRESS AND
     TELEPHONE NUMBER, DATE OF BIRTH, SOCIAL SECURITY NUMBER OR OTHER EMPLOYEE
     IDENTIFICATION NUMBER, SALARY, NATIONALITY, JOB TITLE, ANY SHARES OF STOCK
     OR DIRECTORSHIPS HELD IN THE COMPANY AND DETAILS OF ALL OPTIONS OR ANY
     OTHER ENTITLEMENT TO SHARES OF STOCK AWARDED, CANCELLED, PURCHASED, VESTED,
     UNVESTED OR OUTSTANDING IN THE PARTICIPANT'S FAVOR, FOR THE PURPOSE OF
     MANAGING AND ADMINISTERING THE PLAN ("DATA"). THE COMPANY AND ITS
     SUBSIDIARIES WILL TRANSFER DATA AMONGST THEMSELVES AS NECESSARY FOR THE
     PURPOSE OF IMPLEMENTATION, ADMINISTRATION AND MANAGEMENT OF THE
     PARTICIPANT'S PARTICIPATION IN THE PLAN, AND THE COMPANY AND ITS
     SUBSIDIARIES MAY EACH FURTHER TRANSFER DATA TO ANY THIRD PARTIES ASSISTING
     THE COMPANY IN THE IMPLEMENTATION, ADMINISTRATION AND MANAGEMENT OF THE
     PLAN. THESE RECIPIENTS MAY BE LOCATED IN THE EUROPEAN ECONOMIC AREA OR
     ELSEWHERE THROUGHOUT THE WORLD, SUCH AS THE UNITED STATES. THE PARTICIPANT
     AUTHORIZES THEM TO RECEIVE, POSSESS, USE, RETAIN AND TRANSFER THE DATA, IN
     ELECTRONIC OR OTHER FORM, FOR THE PURPOSES OF IMPLEMENTING, ADMINISTERING
     AND MANAGING THE PARTICIPANT'S PARTICIPATION IN THE PLAN, INCLUDING ANY
     REQUISITE TRANSFER OF SUCH DATA AS MAY BE REQUIRED FOR THE ADMINISTRATION
     OF THE PLAN AND THE SUBSEQUENT HOLDING OF SHARES ON THE PARTICIPANT'S
     BEHALF BY A BROKER OR OTHER THIRD PARTY WITH WHOM THE PARTICIPANT MAY ELECT
     TO DEPOSIT ANY SHARES ACQUIRED PURSUANT TO THE PLAN. THE PARTICIPANT MAY,
     AT ANY TIME, REVIEW DATA, REQUIRE ANY NECESSARY AMENDMENTS TO IT OR
     WITHDRAW THE CONSENTS HEREIN IN WRITING BY CONTACTING THE COMPANY; HOWEVER,
     WITHDRAWING CONSENT MAY AFFECT THE PARTICIPANT'S ABILITY TO PARTICIPATE IN
     THE PLAN.

                                       4

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