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                                                                   Exhibit 10.27

                                  VOXWARE, INC.

                        Incentive Stock Option Agreement
                     Granted Under 2003 Stock Incentive Plan

1.   Grant of Option.

     This agreement evidences the grant by Voxware, Inc. a Delaware corporation
(the "Company"), on _______, 200[_] (the "Grant Date") to [_______], an employee
of the Company (the "Participant"), of an option to purchase, in whole or in
part, on the terms provided herein and in the Company's 2003 Stock Incentive
Plan (the "Plan"), a total of [_______] shares (the "Shares") of common stock,
$0.001 par value per share, of the Company ("Common Stock") at $[_______] per
Share. Unless earlier terminated, this option shall expire at 5:00 p.m., Eastern
time, on [_______] (the "Final Exercise Date").

     It is intended that the option evidenced by this agreement shall be an
incentive stock option as defined in Section 422 of the Internal Revenue Code of
1986, as amended, and any regulations promulgated thereunder (the "Code").
Except as otherwise indicated by the context, the term "Participant", as used in
this option, shall be deemed to include any person who acquires the right to
exercise this option validly under its terms.

2.   Vesting Schedule.

     This option will become exercisable ("vest") as to 25% of the original
number of Shares on the first anniversary of the Grant Date and as to an
additional 6.25% of the original number of Shares at the end of each successive
three-month period following the first anniversary of the Grant Date until the
fourth anniversary of the Grant Date.

     The right of exercise shall be cumulative so that to the extent the option
is not exercised in any period to the maximum extent permissible it shall
continue to be exercisable, in whole or in part, with respect to all Shares for
which it is vested until the earlier of the Final Exercise Date or the
termination of this option under Section 3 hereof or the Plan.

3.   Exercise of Option.

     (a) Form of Exercise. Each election to exercise this option shall be in
writing, signed by the Participant, and received by the Company at its principal
office, accompanied by this agreement, and payment in full in the manner
provided in the Plan. The Participant may purchase less than the number of
shares covered hereby, provided that no partial exercise of this option may be
for any fractional share.

     (b) Continuous Relationship with the Company Required. Except as otherwise
provided in this Section 3, this option may not be exercised unless the
Participant, at the time he or she exercises this option, is, and has been at
all times since the Grant Date, an employee or officer of, or consultant or
advisor to, the Company or any parent or subsidiary of the Company as defined in
Section 424(e) or (f) of the Code (an "Eligible Participant").

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     (c) Termination of Relationship with the Company. If the Participant ceases
to be an Eligible Participant for any reason, then, except as provided in
paragraphs (d) and (e) below, the right to exercise this option shall terminate
three months after such cessation (but in no event after the Final Exercise
Date), provided that this option shall be exercisable only to the extent that
the Participant was entitled to exercise this option on the date of such
cessation. Notwithstanding the foregoing, if the Participant, prior to the Final
Exercise Date, violates the non-competition, non-solicitation or confidentiality
provisions of any employment contract, confidentiality and nondisclosure
agreement or other agreement between the Participant and the Company, the right
to exercise this option shall terminate immediately upon written notice to the
Participant from the Company describing such violation.

     (d) Exercise Period Upon Death or Disability. If the Participant dies or
becomes disabled (within the meaning of Section 22(e)(3) of the Code) prior to
the Final Exercise Date while he or she is an Eligible Participant and the
Company has not terminated such relationship for "cause" as specified in
paragraph (e) below, this option shall be exercisable, within the period of one
year following the date of death or disability of the Participant, by the
Participant (or in the case of death by an authorized transferee), provided that
this option shall be exercisable only to the extent that this option was
exercisable by the Participant on the date of his or her death or disability,
and further provided that this option shall not be exercisable after the Final
Exercise Date.

     (e) Discharge for Cause. If the Participant, prior to the Final Exercise
Date, is discharged by the Company for "cause" (as defined below), the right to
exercise this option shall terminate immediately upon the effective date of such
discharge. "Cause" shall mean willful misconduct by the Participant or willful
failure by the Participant to perform his or her responsibilities to the Company
(including, without limitation, breach by the Participant of any provision of
any employment, consulting, advisory, nondisclosure, non-competition or other
similar agreement between the Participant and the Company), as determined by the
Company, which determination shall be conclusive. The Participant shall be
considered to have been discharged for "Cause" if the Company determines, within
30 days after the Participant's resignation, that discharge for cause was
warranted. Notwithstanding the foregoing, in the event the Participant has an
employment or other agreement with the Company that defines "cause", the
definition of "cause" as set forth in such agreement shall control.

4.   Tax Matters.

     (a) Withholding. No Shares will be issued pursuant to the exercise of this
option unless and until the Participant pays to the Company, or makes provision
satisfactory to the Company for payment of, any federal, state or local
withholding taxes required by law to be withheld in respect of this option.

     (b) Disqualifying Disposition. If the Participant disposes of Shares
acquired upon exercise of this option within two years from the Grant Date or
one year after such Shares were acquired pursuant to exercise of this option,
the Participant shall notify the Company in writing of such disposition.

                                      -2-

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5.   Nontransferability of Option.

     This option may not be sold, assigned, transferred, pledged or otherwise
encumbered by the Participant, either voluntarily or by operation of law, except
by will or the laws of descent and distribution, and, during the lifetime of the
Participant, this option shall be exercisable only by the Participant.

6.   Provisions of the Plan.

     This option is subject to the provisions of the Plan, a copy of which is
furnished to the Participant with this option.

     IN WITNESS WHEREOF, the Company has caused this option to be executed under
its corporate seal by its duly authorized officer. This option shall take effect
as a sealed instrument.

                                           Voxware, Inc.

Dated: _____________________               By: _________________________________
                                               Name: ___________________________
                                               Title: __________________________

                                      -3-

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                            PARTICIPANT'S ACCEPTANCE

     The undersigned hereby accepts the foregoing option and agrees to the terms
and conditions thereof. The undersigned hereby acknowledges receipt of a copy of
the Company's 2003 Stock Incentive Plan.

                                           PARTICIPANT:

                                           _____________________________________

                                           Address: ____________________________

                                                    ____________________________

                                      -4-

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                         NOTICE OF STOCK OPTION EXERCISE

                                Date: _____________

Voxware, Inc.
Lawrenceville Office Park
P.O. Box 5363
Princeton, New Jersey 08543

Attention: Treasurer

Dear Sir or Madam:

     I am the holder of an Incentive Stock Option granted to me under the
Voxware, Inc. (the "Company") 2003 Stock Incentive Plan on __________ for the
purchase of __________ shares of Common Stock of the Company at a purchase price
of $__________ per share.

     I hereby exercise my option to purchase _________ shares of Common Stock
(the "Shares"), for which I have enclosed __________ in the amount of ________.
Please register my stock certificate as follows:

     Name(s):    ________________________

                 ________________________

     Address:    ________________________

     Tax I.D. #: ________________________

Very truly yours,

_______________________________
(Signature)

                                      -5-<PAGE>

                                                                   Exhibit 10.28

                              Credit line agreement

Between Voxware Nv, with social seat at 8000 Brugge, Hoge Hul 65, founded by act
through the notary Henry Van Caillie in Brugge on the 1(degree) of July 2002,
registered in the register of commerce under number 96.068, hereby represented,
confirm to art 19 of the articles of incorporation, by Ms Bathsheba Juana
Malsheen , delegated director

Hereafter called the" credit taker", even is there is only one

And

KBC Bank NV, with social seat at 1080 Brussels, Havenlaan2, registered in the
register of commerce at Brussels under number623.074 and in Gent under number
189.764, hereafter named " The Bank3, represented by:

..    Mr. Ludo Mesuere, account manager office of Noord Vlaanderen

..    Mr. Frans Sercu, Director office of enterprises Vlaanderen

Is agreed what follows.

Art.1

The bank opens a credit line for the credit takers of 70.000 Euro (seventy
thousand Euro) with number 727-1087798-02.
The general agreements in annex are applicable.
The credit takers declare to have read and accepted those conditions and to
accept them.

Art.2

This credit line can be used as follows:

     An equipment credit of 70.000 Euro with number 726-178084-13.

     This credit line will be used by the credit takers for the purchase of the
     assets of the Firm " SyVox Europe" in bankruptcy.

     It can be taken up in a period of 9 months after signing this agreement.

     For the amount not used there is a penalty of reservation of 0,15% per
     month. The bank will not charge this in the period of the first three
     months.

     The refunding of this creditline will start one month after the first a use
     of it and will be closed in a period of 36 months. Each monthly payment
     will contain a partially refunding of the principal, as well as the rent,
     at a rate of 6,12% a year on the outstanding principal at the beginning of
     the month.

     This credit line has a fixed interest rate for the whole term of this loan.

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Art.3

The credit takers will give following guarantees for all there liabilities to
the bank:

..    A collateral on the assets of the credit takers (including the receivables
     and 50% of the inventory) of 70,000 Euro in principal in first rang.

..    The bank knows that the credit takers have no liabilities towards third
     parties for which they would have engaged their assets. The credit takers
     hereby also engage them not to do so without the consent of the bank.

Art. 4

This credit line will surely be a reason for the credit takers to do al there
financial bank transactions through the KBC, so that as such the turn over on
their account is in a reasonable proportion to the obtained credit line.

Art.5

For the treatment and the issuing of the obtained credit line, the account of
the credit takers will be charged with 500 Euro and this besides the
administrative expenses and/or eventual expenses of third parties for the
putting in place of collateral's. The further following up expenses will be of
6.20euro by quarter.

This agreement has been issued based on the known informations by the bank on
the 7 of August 2002.

The conditions hereof will only be binding, if the bank gets a signed copy of
this agreement and general conditions before the 28 of August and if the
collateral's asked are in place for that date.

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