Document:

Exhibit
10.5

DIRECTOR STOCK OPTION AGREEMENT

THIS OPTION AGREEMENT is made and entered into as of                     
      , 200  , by and between IDENTITY
REHAB CORPORATION (the “Company”) and                                  
(the “Optionee”) (together, the “Parties”).

RECITALS:

I.              As
of December 12, 2005, the Board of Directors and shareholders of the
Company approved the Company’s Equity Compensation Plan (the “Plan”), which
provides that Employees, Non-Employee Directors and Consultants of the Company
and its subsidiaries may receive options to purchase Common Stock of the
Company.

II.            The
Plan permits the granting of incentive stock options, which conform to the
requirements of Section 422 of the United States Internal Revenue Code of
1986, as amended (the “Code”), and non-incentive stock options, which do not
qualify as incentive stock options under that Section.

III.           The
Optionee has been selected to receive a non-incentive stock option pursuant to
the Plan.

IV.           The
Optionee is desirous of obtaining the stock option on the terms and conditions
herein contained.

AGREEMENT:

IT IS THEREFORE agreed by and between the Parties, for
and in consideration of the premises and the mutual covenants herein contained
and for other good and valuable consideration, as follows:

1.             The
Company has granted to the Optionee, on                          ,
200  , an option to purchase                      shares
of Common Stock of the Company (the “Option”) upon the terms and conditions
herein set forth and subject to the terms and conditions of the Plan.  The Option is granted as a matter of separate
agreement, and not in lieu of any regular or special compensation for services.

2.             The
purchase price of the shares which may be purchased pursuant to the Option is $        
per share, which is, in the opinion of the Company, not less than the fair
market value of the shares on the grant date of the Option as specified in
paragraph 1.

3.             Unless
sooner terminated or modified under the provisions of this Agreement, the
Option shall continue and shall automatically expire at the close of business
on                  ,
20  , the fifth anniversary of the Option grant.

4.             The Option shall immediately vest
and may be exercised by the Optionee to purchase the total number of shares
specified in paragraph 1 at any time and from time to time prior 

to expiration of the Option.  If the Optionee’s status as a director of the
Company shall terminate for any reason, the Option shall remain exercisable
after such termination until the expiration of the Option, and shall not be
forfeited as a result of the Optionee’s termination as a director.

5.             In the event of the
Optionee’s death, the Option may be exercised by the personal representative of
the Optionee’s estate or, if no personal representative has been appointed, by
the successor or successors in interest determined under the Optionee’s will or
under the applicable laws of descent and distribution.  The Option may not be transferred, assigned,
encumbered or alienated in any way by the Optionee except pursuant to a
qualified domestic relations order as defined by the Code, Title I of the
Employee Retirement Income Security Act, or the rules thereunder, and any
attempt to do so shall render the Option and any unexercised portion thereof,
at the discretion of the Company, null and void and unenforceable by the
Optionee.

6.             The Option may be
exercised in whole or in part by delivering to the Company written notice of
exercise together with payment in full for the shares being purchased upon such
exercise.

7.             The Company will, upon receipt of
said notice and payment, issue or cause to be issued to the Optionee (or to his
personal representative or other person entitled thereto) a stock certificate
for the number of shares purchased thereby. The Optionee may designate a member
of the Optionee’s immediate family as a co-owner of the said shares.

8.             The Company may, in
its discretion, file and maintain effective with the Securities and Exchange
Commission a Registration Statement on Form S-8 under the Securities Act
of 1933, as amended (the “Act”), covering the sale of the optioned shares to
Optionee upon exercise of the Option. 
If, at the time of exercise, the Company does not have an effective
Registration Statement on file covering the sale of the optioned shares, the
Optionee represents and agrees that: 
(i) the Option shall not be exercisable unless the purchase of
optioned shares upon the exercise of the Option is pursuant to an applicable
effective registration statement under the Act, or unless in the opinion of
counsel for the Company, the proposed purchase of such optioned shares would be
exempt from the registration requirements of the Act, and from the
qualification requirements of any state securities law; (ii) upon exercise
of the Option, he will acquire the optioned shares for his own account for
investment and not with any intent or view to any distribution, resale or other
disposition of the optioned shares; and (iii) he will not sell or transfer
the optioned shares, unless they are registered under the Act, except in a
transaction that is exempt from registration under the Act, and each
certificate issued to represent any of the optioned shares shall bear a legend
calling attention to the foregoing restrictions and agreements.  The Company may require, as a condition of
the exercise of the Option, that the Optionee sign such further representations
and agreements as it reasonably determines to be necessary or appropriate to
assure and to evidence compliance with the requirements of the Act.

9.             The Optionee shall
have no rights as a stockholder with respect to the shares of Common Stock
which may be purchased pursuant to the Option until such shares are issued to
the Optionee.

10.           This Agreement is
entered into and shall be governed by, construed and enforced in accordance
with the laws of the State of Colorado.

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11.           The terms and
conditions contained in the Plan, as it may be amended from time to time
hereafter, are incorporated into and made a part of this Agreement by
reference, as if the same were set forth herein in full, and all provisions of
the Option are made subject to any and all terms of the Plan.

                 IN WITNESS WHEREOF, the parties have hereunto
affixed their signatures in acknowledgment and acceptance of the above terms
and conditions on the date first above set forth.

	
   

  	
  IDENTITY REHAB CORPORATION

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Dennis Perkins

  
	
   

  	
   

  	
  Chief Financial
  Officer and Corporate Secretary

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  name

  
					

 

 3Exhibit
10.6

INCENTIVE STOCK OPTION AGREEMENT

THIS
OPTION AGREEMENT is made and entered into as of                   ,
200  , by and between IDENTITY REHAB CORPORATION (the “Company”) and                       
(the “Optionee”) (together, the “Parties”).

RECITALS:

I.              As of December 12, 2005, the
Board of Directors and shareholders of the Company approved the Company’s
Equity Compensation Plan (the “Plan”), which provides that Employees,
Non-Employee Directors and Consultants of the Company and its subsidiaries may
receive options to purchase Common Stock of the Company.

II.            The Plan permits the granting of
incentive stock options, which conform to the requirements of Section 422
of the United States Internal Revenue Code of 1986, as amended (the “Code”),
and non-incentive stock options, which do not qualify as incentive stock
options under that Section.

III.           The Optionee has been selected to
receive an incentive stock option pursuant to the Plan.

IV.           The Optionee is desirous of obtaining
the stock option on the terms and conditions herein contained.

AGREEMENT:

IT
IS THEREFORE agreed by and between the Parties, for and in consideration of the
premises and the mutual covenants herein contained and for other good and
valuable consideration, as follows:

1.             The Company has granted to the
Optionee, on                  
    , 200  , an option to purchase                   
shares of Common Stock of the Company (the “Option”) upon the terms and
conditions herein set forth and subject to the terms and conditions of the Plan.  The Option is granted as a matter of separate
agreement, and not in lieu of any regular or special compensation for services.

2.             The purchase price of the shares
which may be purchased pursuant to the Option is $     
per share, which is, in the opinion of the Company, not less than the fair
market value of the shares on the grant date of the Option as specified in
paragraph 1.

3.             Unless sooner terminated or
modified under the provisions of this Agreement, the Option shall continue and
shall automatically expire at the close of business on                 
   , 20  , the fifth anniversary of the Option grant.

4.             The
Option shall vest and may be exercised by the Optionee to purchase the total
number of shares specified in paragraph 1 as follows:

On the         
day of               ,
20  , the option shall vest and be exercisable as to 7/36ths of the
total number of shares covered by the Option, and on the same day of each month
thereafter the Option shall vest and be exercisable for an additional 1/36th of
such total number of Option shares, until the Option is vested and exercisable
as to all the Option shares.  The Option
shall remain exercisable as to all shares as to which the Option has vested and
become exercisable, until expiration or forfeiture of the Option as provided
herein.  The Optionee need not exercise
any part of the Option when it becomes exercisable, but may accrue the
fractional increments described above and exercise them in any later period, prior
to expiration or forfeiture of the Option.

5.             If the Optionee’s employment with
the Company shall terminate for any reason other than the Optionee’s death or
disability, the Option, to the extent then exercisable as provided in
paragraph 4, shall remain exercisable after the termination of his
employment for a period of three months. 
If the Optionee’s employment is terminated because the Optionee is
disabled within the meaning of Section 22(e)(3) of the Code, or dies, the
Option, to the extent then exercisable as provided in paragraph 4, shall remain
exercisable after the termination of his employment for a period of twelve
months.  If the Option is not exercised
during the applicable period, it shall be deemed to have been forfeited and of
no further force or effect.

6.             In the event of the Optionee’s
death, the Option may be exercised to the extent vested and exercisable, by the
personal representative of the Optionee’s estate or, if no personal
representative has been appointed, by the successor or successors in interest
determined under the Optionee’s will or under the applicable laws of descent
and distribution.  The Option may not be
transferred, assigned, encumbered or alienated in any way by the Optionee
except pursuant to a qualified domestic relations order, as defined by the
Code, Title I of the Employee Retirement Income Security Act, or the rules
thereunder, and any attempt to do so shall render the Option and any
unexercised portion thereof, at the discretion of the Company, null and void
and unenforceable by the Optionee.

7.             The Option may be exercised in
whole or in part by delivering to the Company written notice of exercise
together with payment in full for the shares being purchased upon such
exercise.

8.             The Company will,
upon receipt of said notice and payment, issue or cause to be issued to the
Optionee (or to his personal representative or other person entitled thereto) a
stock certificate for the number of shares purchased thereby. The Optionee may
designate a member of the Optionee’s immediate family as a co-owner of the said
shares.

9.             The Company may, in its discretion,
file and maintain effective with the Securities and Exchange Commission a
Registration Statement on Form S-8 under the Securities Act of 1933, as
amended (the “Act”), covering the sale of the optioned shares to Optionee upon
exercise of the Option.  If, at the time
of exercise, the Company does not have an effective Registration Statement on
file covering the sale of the optioned shares, the Optionee represents and agrees
that:  (i) the Option shall not be exercisable
unless the purchase of optioned shares upon the exercise of the Option is
pursuant to an applicable effective registration statement under the Act, or
unless in the opinion of counsel for the Company, the proposed purchase of such
optioned shares would be exempt from the registration requirements of the Act,
and from the qualification requirements of any state securities law;
(ii) upon exercise of the Option, he will acquire the optioned shares for
his 

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own account for investment and
not with any intent or view to any distribution, resale or other disposition of
the optioned shares; and (iii) he will not sell or transfer the optioned
shares, unless they are registered under the Act, except in a transaction that
is exempt from registration under the Act, and each certificate issued to
represent any of the optioned shares shall bear a legend calling attention to
the foregoing restrictions and agreements. 
The Company may require, as a condition of the exercise of the Option,
that the Optionee sign such further representations and agreements as it
reasonably determines to be necessary or appropriate to assure and to evidence
compliance with the requirements of the Act.

10.           The Optionee shall have no rights as
a stockholder with respect to the shares of Common Stock which may be purchased
pursuant to the Option until such shares are issued to the Optionee.

11.           This Agreement is entered into and
shall be governed by, construed and enforced in accordance with the laws of the
State of Colorado.

12.           The terms and conditions contained in
the Plan, as it may be amended from time to time hereafter, are incorporated
into and made a part of this Agreement by reference, as if the same were set
forth herein in full, and all provisions of the Option are made subject to any
and all terms of the Plan.

                 IN WITNESS WHEREOF, the parties have hereunto
affixed their signatures in acknowledgment and acceptance of the above terms
and conditions on the date first above set forth.

	
   

  	
  IDENTITY REHAB CORPORATION

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Dennis Perkins

  
	
   

  	
   

  	
  Chief Financial Officer and Corporate Secretary

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  name

  

 

 3

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