Document:

EXHIBIT
      10.8

    

    

      DEBUT
        BROADCASTING CORPORATION, INC.
INCENTIVE
      STOCK OPTION AGREEMENT

    

    THIS
      AGREEMENT (this
      “Agreement”) is made and entered into on this ____ day of _________________,
      2008 by and between Debut
      Broadcasting Company, Inc. (the
      “Company”) and
      [Name] (the “Participant”)
      in connection with the grant of an option under the Debut Broadcasting
      Corporation, Inc. 2007 Stock Incentive Plan (the “Plan”) on [Date
      of Grant].
      

    

    The
      Company has established the Plan by action of its board of directors and
      anticipates approval of its shareholders within twelve of months of the adoption
      of the Plan by the board of directors. Capitalized terms used but not otherwise
      defined herein have the meanings set forth in the Plan. The Participant is
      an
      employee of the Company or an Affiliate. The Company intends that the option
      to
      acquire common stock of the Company granted to the Participant under this
      Agreement qualify as an “incentive stock option” (within the meaning of section
      422 of the Code) and be treated as an Incentive Option under the Plan. In
      consideration of the foregoing, the parties have entered into this Agreement
      to
      govern the terms of the Option granted by the Company pursuant to the authority
      specified under the Plan:

    

    1.  Grant
      of Option.
      Subject
      to the terms and conditions set forth herein, the Company grants to the
      Participant an Option to purchase from the Company an aggregate of [Number
      of Shares]
      shares
      of Stock at a price of $[Price]
      per
      share (the “Exercise Price”), subject to adjustment as provided in Article VIII
      of the Plan. 

     

    2.  Right
      to Exercise.
      This
      Option will expire on [Expiration
      Date]
      unless
      it expires sooner pursuant to Paragraph 7 and is exercisable with respect to
      the
      number of shares of Stock determined as follows:

     

    
      	
              On
                and After

            	
              Number
                of Shares Exercisable

            
	
              [Vesting
                Date]

            	
              [Number
                of Shares]
                Shares

            
	
              [Vesting
                Date]

            	
              Additional
                [Number
                of Shares]
                Shares

            
	
              [Vesting
                Date]

            	
              Additional
                [Number
                of Shares]
                Shares

            
	
              [Vesting
                Date]

            	
              Additional
                [Number
                of Shares]
                Shares

            
	
              [Vesting
                Date]

            	
              Additional
                [Number
                of Shares]
                Shares

            

    

    

     

    3.  Method
      of Exercise.
      The
      exercise of this Option or any portion thereof is subject to the Participant’s
      prior or concurrent payment of the Exercise Price to the Company, and, if
      applicable, the Participant having made payment of or arrangements for
      satisfaction of any related tax withholdings in a manner and on terms that
      are
      satisfactory and acceptable to the Company. The Participant may exercise this
      Option, in whole or in part, from time to time, with respect to the number
      of
      whole shares of Stock that can be purchased at such time in accordance with
      Paragraph 2, by actual delivery of written notice to the Company at the address
      provided in Paragraph 12, which notice shall:

     

    (a)  specify
      the number of whole shares of Stock to be purchased and the Exercise
      Price;

     

    (b)  contain
      evidence satisfactory to the Committee that the person exercising this Option
      is
      the Participant or has the right to exercise this Option; and

     

    (c)  be
      accompanied by payment of the Exercise Price in accordance with the
      Plan.

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

    As
      a
      condition precedent to the exercise of this Option in whole or in part, the
      Participant shall comply with all regulations and the requirements of any
      regulatory authority having control of, or supervision over, the issuance of
      the
      shares of Stock and in connection therewith shall execute any documents which
      the Committee shall in its sole discretion deem necessary or advisable.

    

    4.  Transfer
      and Exercise of Option.
      Except
      for transfers pursuant to a will or the laws of descent and distribution, this
      Option is not transferable and the Participant may not make any disposition
      of
      this Option or any interest herein during his or her lifetime. As used herein,
      “disposition” means any sale, transfer, encumbrance, gift, donation, assignment,
      pledge, hypothecation, or other disposition, whether similar or dissimilar
      to
      those previously enumerated, whether voluntary or involuntary, and whether
      during the Participant’s lifetime or upon or after the Participant’s death,
      including, but not limited to, any disposition by operation of law, by court
      order, by judicial process, or by foreclosure, levy, or attachment, except
      a
      transfer by will or by the laws of descent or distribution. Any attempted
      disposition in violation of this Paragraph is void.

     

    5.  Status
      of Participant.
      The
      Participant shall not be deemed a stockholder of the Company with respect to
      any
      of the shares of Stock subject to this Option, except to the extent that such
      shares shall have been purchased and transferred to him or her. The Company
      is
      not required to issue shares of Stock purchased upon exercise of this Option
      until all applicable requirements of law have been complied with and such shares
      shall have been duly listed on any securities exchange on which the Stock may
      then be listed.

     

    6.  No
      Effect on Capital Structure.
      This
      Option shall not affect the right of the Company or any Affiliate to reclassify,
      recapitalize or otherwise change its capital or debt structure or to merge,
      consolidate, convey any or all of its assets, dissolve, liquidate, windup,
      or
      otherwise reorganize.

     

    7.  Expiration
      of Option.
      In
      general, the right to purchase Stock under this Option shall expire on the
      date
      specified in Paragraph 2. However, this Option shall expire sooner in the
      circumstances described in this Paragraph.

     

    (a)  Death
      or Disability.
      If the
      Participant ceases to be employed by the Company or one of its Affiliates by
      reason of death or disability (as defined in section 22(e)(3) of the Code),
      the
      Participant or his or her estate shall have the right (i) for twelve (12) months
      after the date of such termination of employment by reason of death or ninety
      (90) days after the date of such termination of employment by reason of
      disability or (ii) until the expiration of the stated term of the Option,
      whichever period is shorter, to exercise this Option with respect to all shares
      available for purchase hereunder. Thereafter, this Option shall terminate and
      cease to be exercisable. 

     

    (b)  Other
      Termination.
      Upon
      the Participant’s termination of employment for reasons other than death or
      disability, this Option shall terminate upon the Participant’s termination of
      employment, except that, this Option may be exercised by the Participant, to
      the
      extent otherwise exercisable on the date of termination of employment, for
      a
      period of ninety (90) days from the date of termination of employment, or until
      the expiration of the stated term of the Option, whichever period is
      shorter.

     

    8.  Committee
      Authority.
      Any
      question concerning the interpretation of this Agreement, any adjustments
      required or permitted to be made under the Plan, and any controversy which
      may
      arise under the Plan or this Agreement shall be determined by the Committee
      in
      its sole discretion. Such decision by the Committee shall be final and
      binding.

     

    9.  Incentive
      Stock Option Qualification.
      This
      Option is intended to qualify as an “incentive stock option” within the meaning
      of section 422 of the Code, and shall be so construed; provided,
      however,
      that
      nothing in this Agreement shall be interpreted as a representation, guarantee
      or
      other undertaking on the part of the Company that this Option is or will be
      determined to be an Incentive Option. However, if any portion of this Option
      is
      deemed not be an Incentive Option because the $100,000 annual limit under
      section 422(d) of the Code on Incentive Options is exceeded, or otherwise,
      the
      portion of this Option which cannot be treated as an Incentive Option shall
      be
      deemed to be a Nonqualified Option. In such an event, the Participant shall
      be
      subject to the tax withholding provision of Section 7.3 of the Plan for the
      portion of this Option which is not an Incentive Option, and all other Plan
      provisions that apply to Nonqualified Options.

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    10.  Notice
      of Disqualifying Disposition.
      Except
      to the extent that a portion of this Option is treated as a Nonqualified Option
      pursuant to this Paragraph 9, the Participant shall notify the Company of his
      or
      her intent to dispose of any of the shares of Stock purchased pursuant to this
      Option within two years from the Date of Grant of the Option and one year from
      the date of exercise of the Option, and promptly after such disposition the
      Participant shall notify the Company of the number of shares of Stock disposed
      of, the dates of acquisition and disposition of such shares, and the
      consideration if any, received on such disposition. If in connection with any
      such disposition, the Company becomes liable for withholding taxes and has
      no
      amounts owing the Participant with which to discharge its withholding
      obligation, the Participant shall indemnify the Company against any such taxes
      and any penalties it may incur through its inability to apply amounts owing
      the
      Participant in discharge of it withholding obligation. Nothing in this Paragraph
      shall give the Participant any right to dispose of shares of Stock in a manner
      that is inconsistent with any provision of this Agreement or the
      Plan.

     

    11.  Plan
      Controls.
      The
      terms of this Agreement are governed by the terms of the Plan, as it exists
      on
      the date of this Agreement and as the Plan is amended from time to time. A
      copy
      of the Plan, and all amendments thereto, are attached hereto as Exhibit A and
      made a part hereof as if fully set forth herein. Any amendment to the Plan
      shall
      be deemed to be an amendment to this Agreement to the extent that the amendment
      is applicable hereto; provided,
      however,
      that no
      amendment shall adversely affect the rights of the Participant under this
      Agreement without the Participant’s written consent. In the event of any
      conflict between the provisions of the Agreement and the provisions of the
      Plan,
      the terms of the Plan shall control, except as expressly stated otherwise.
      The
      terms “Article” or “Section” generally refer to provisions within the Plan;
provided,
      however,
      the
      terms “Paragraph” shall refer to a provision of this Agreement.

     

    12.  Notice.
      Whenever any notice is required or permitted hereunder, such notice must be
      in
      writing and personally delivered, sent by mail or facsimile. Any notice required
      or permitted to be delivered hereunder shall be deemed to be delivered on the
      date which it is received, personally delivered, or, whether actually received
      or not, on the third business day after it is deposited in the United States
      mail, certified or registered, postage prepaid, addressed to the person who
      is
      to receive it at the address which such person has theretofore specified by
      written notice delivered in accordance herewith. The Company or Participant
      may
      change, by written notice to the other, the address previously specified for
      receiving notices. Notices delivered to the Company shall be addressed as
      follows:

     

    Debut
      Broadcasting Corporation, Inc.

    Attention:
      Controller

    1209
      16th
      Avenue
      South

    Phone:
      (615) 301-0001  

    Fax:
      (615) 301-0002 

     

    Notices
      to the Participant shall be hand delivered to the Participant on the premises
      of
      the Company or its Affiliates or mailed to the last address shown on the records
      of the Company.

    13.  Information
      Confidential.
      As
      partial consideration for granting of this Option, the Participant agrees that
      he or she will keep confidential all information and knowledge that the
      Participant has relating to the manner and amount of his or her participation
      in
      the Plan; provided,
      however,
      that
      such information may be disclosed as required by law and may be given in
      confidence to the Participant’s spouse, tax and financial advisors, or to a
      financial institution to the extent that such information is necessary to secure
      a loan. 

     

    14.  Governing
      Law.
      Except
      as is otherwise provided in the Plan, where applicable, the provisions of this
      Agreement shall be governed by the internal laws of the State of
      Nevada.

     

    15.  Headings.
      The
      headings herein have been inserted for convenience only and shall not be deemed
      to limit or otherwise affect any of the provisions of this
      Agreement.

     

    16.  Counterparts;
      Effectiveness.
      This
      Agreement may be executed in one or more counterparts, each of which shall
      be
      deemed an original and all of which shall constitute one and the same Agreement.
      The exchange of copies of this Agreement and executed signature pages hereto
      by
      facsimile transmission shall constitute effective execution and delivery of
      this
      Agreement and may be used in lieu of the original Agreement for all purposes.
      

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    17.  Amendment.
      The
      Company, acting through the Committee or through the Board, may amend this
      Agreement at any time for any purpose determined by the Company in its sole
      discretion that is consistent with the Plan, including but not limited to an
      amendment to accelerate the vesting schedule set forth in Paragraph 2 due to
      normal retirement or other special circumstances, or to permit transfers of
      Options to certain individuals specified by the Participant. All amendments
      must
      be in writing. Except as otherwise provided in the Plan, the Company may not
      amend this Agreement, however, without the Participant’s express agreement to
      any amendment that could adversely effect the material rights of the
      Participant.

     

    18.  Entire
      Agreement.
      This
      Agreement, together with the Plan, contain the complete agreement between the
      parties concerning the subject matter hereof and shall supersede all other
      agreements or arrangements between the parties with regard to the subject matter
      hereof.

     

    19.  Interpretation.
      The
      language in all parts of this Agreement shall be construed, in all cases,
      according to its plain meaning, except where the context of this Agreement
      expressly indicates otherwise, and the parties acknowledge that each party
      has
      carefully reviewed this Agreement and that the normal rule of construction
      to
      the effect that any ambiguities are to be resolved against the drafting party
      shall not be employed in the interpretation of this Agreement.

     

    20.  Severability.
      If one
      or more of the provisions of this Agreement is invalidated for any reason by
      a
      court of competent jurisdiction, any provision so invalidated shall be deemed
      to
      be separable from the other provisions hereof, and the remaining provisions
      hereof shall continue to be valid and fully enforceable.

     

     

    21.Waiver
      of Jury Trial.
      PARTICIPANT HEREBY IRREVOCABLY WAIVES ANY AND ALL RIGHTS HE OR SHE MAY HAVE
      TO
      DEMAND THAT ANY ACTION, PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR IN ANY
      WAY
      RELATED TO THE PLAN OR THIS AGREEMENT OR THE RELATIONSHIPS OF THE PARTIES HERETO
      BE TRIED BY JURY. THIS WAIVER EXTENDS TO ANY AND ALL RIGHTS TO DEMAND A TRIAL
      BY
      JURY ARISING FROM ANY SOURCE INCLUDING, BUT NOT LIMITED TO, THE CONSTITUTION
      OF
      THE UNITED STATES OR ANY STATE THEREIN, COMMON LAW OR ANY APPLICABLE STATUTE
      OR
      REGULATIONS. BY AGREEING TO RECEIVE AN AWARD, THE PARTICIPANT ACKNOWLEDGES
      THAT
      HE OR SHE IS KNOWINGLY AND VOLUNTARILY WAIVING HIS OR HER RIGHT TO DEMAND TRIAL
      BY JURY.

     

    

     

     

    [The
      remainder of this page is intentionally blank]

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

    EXECUTION
      PAGE

    

    IN
      WITNESS WHEREOF, the
      Company has caused this Agreement to be executed and the Participant has set
      his
      hand hereto on the day and year first above written.

    

    DEBUT
      BROADCASTING 

    CORPORATION,
      INC.

     

    By: 
      _________________________________

     

    Its: 
      _________________________________

     

    

    _____________________________________

    [Name]

    

    
      
        
        

      

      
        5BAU
      ANALYSIS AND PARTNERING LETTER OF INTENT

    

    This
      Letter of Intent (“Agreement”) is between Neuro-Hitech,
      Inc., One
      Penn
      Plaza, Suite 1503, New York, NY 10019, USA including its successors, assigns,
      affiliates, and subsidiaries (“Neuro-Hitech”)
      and
      Numoda Corporation
      (“Numoda”), The
      Curtis Center, 601 Walnut Street, 9th
      floor,
      Philadelphia, PA 19106. Neuro-Hitech requests that Numoda, and Numoda agrees
      to,
      perform the following services (the “BAU Services”) relating to
      Huperzine A in
      Alzheimer’s Disease (the
      “Project”):

    

    BAU
      SERVICES AND FEE:

    Numoda
      Data Consolidation and Reporting Group, Business Analysis Unit and Quality
      Assurance team, will:

     

    
      	 	
              ·

            	
              Review
                protocols and amendments

            

    

    
      	 	
              ·

            	
              Review
                FDA meeting minutes and other
                documents

            

    

    
      	 	
              ·

            	
              Perform
                an investigation of all data in systems, databases and other durable
                media

            

    

    
      	 	
              ·

            	
              Provide
                a preliminary report and trends of analysis
                findings

            

    

    
      	 	
              ·

            	
              Develop
                partner recruitment messaging, marketing and
                portal

            

    

    
      	 	
              ·

            	
              Prepare
                strategic intelligence and partnering access
                portal

            

    

    
      	 	
              ·

            	
              Prepare
                a BAU partnering analysis

            

    

    
      	 	
              ·

            	
              Numoda
                will validate trial analysis and
                findings

            

    

    

    Neuro-Hitech
      will pay Numoda $600,000 (“BAU Services Payment”) as follows. The initial
      payment will consist of $200,000
      cash ($100,000 of which will be paid at signing and the other $100,000 of which
      will be paid at completion of SIPA Portal). A deferred payment up to $400,000
      on
      a sliding scale basis, will be paid subject to the following schedule, at time
      of Transaction close (see below), all of which shall be applied to the above
      listed BAU Services (“Deferred Payment”):

     

    if
      aggregate consideration in a Transaction is or Transactions
      are                          
then the Deferred Payment is 

    

      
        	
                up
                  to $1 Million

              	
                $200,000

              
	
                $1,000,001
                  to $5 Million

              	
                $250,000

              
	
                $5,000,001
                  to $ 10 Million

              	
                $300,000

              
	
                $10,000,001
                  or more

              	
                $400,000

              

      

    

     

    Numoda
      may provide additional Services as Neuro-Hitech may request and Numoda may
      agree
      in writing to perform, prior to the performance of such services.

    

    PARTNER/
      FACILITATOR’S SERVICES AND FEE:

    Neuro-Hitech
      requests and Numoda agrees that Numoda will provide assistance to Neuro-Hitech
      in achieving its general business
      objectives including, but not limited to, finding and/or
      facilitating transactions (“Transaction” or “Transactions”) with
      licensing partners, purchasers of Neuro-Hitech’s products, and/or acquisition or
      merger candidates. If, at any time during the term of this Agreement and for
      three years from signature thereafter, Neuro-Hitech consummates such a
Transaction
      with anyone Numoda either introduced
      Neuro-Hitech to
      or
      materially assisted Neuro-Hitech
      with
      in
      facilitating the
      Transaction, then Neuro-Hitech shall pay (or cause to be paid by the third
      party) to Numoda a fee of 3.5% of the aggregate
      consideration payable in such Transaction, payable to Numoda within 30
      days
      of closing. Consistent with these terms,
      this section shall survive termination or expiration of this
      Agreement.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    TERMINATION:

    Except
      as
      otherwise set forth in this Agreement, this Agreement will terminate the earlier
      of: two (2) years after the effective date of this Agreement or when Numoda
      completes the above Services in connection with
      one
      Transaction for Neuro-Hitech. Neuro-Hitech may terminate this Agreement
      upon fifteen days’ written notice for any reason. Numoda may terminate this
      Agreement upon fifteen days’ written notice if Neuro-Hitech breaches this
      Agreement.

    

    MUTUAL
      INDEMNIFICATIONS AND LIMITED LIABILITIES:

    Each
      party to this Agreement shall indemnify and hold harmless the other party and
      its affiliates, and their officer, employees, and directors, from any
      damages or
      expenses (including attorney fees) that the other party incurs due to
      third--party
      claims or investigations relating to the Services to the extent such damages
      or
      expenses are solely caused by the negligence, gross negligence or willful
      misconduct of that party. Each party to this Agreement further limits its
      liability to the other party in relation to its performance of this Agreement.
      Except in the case of liability for willful-misconduct, neither party shall
      be
      liable to the other party for any loss suffered which is in the nature of loss
      or profits, opportunities, or goodwill relating to the Services performed
      hereunder.

    

    MUTUAL
      CONFIDENTIALITY:

    This
      Agreement incorporates by reference the provisions of the Mutual Confidentiality
      Agreement entered into by the parties __________________, ________
      2008.

    

    EFFECTIVE
      DATE:

    This
      Agreement is effective as of the last date signed below.

    

    ACCEPTED
      AND AGREED TO AS OF THE DATE LAST SIGNED BELOW:

    

    
      	
              Neuro-Hitech,
                Inc

            	 	
              Numoda
                Corporation

            
	
              By:

            	
              /s/
                Gary T. Shearman

            	 	
              By:

            	
              /s/
                Ann Vorimindi

            
	
              Printed
                Name:

            	
              Gary
                T. Shearman

            	 	
              Printed
                Name:

            	
              Ann
                Vorimindi

            
	
              Title:

            	
              President
                & CEO

            	 	
              Title:

            	
              Chief
                Operating Officer

            
	
              Date:

            	
              March
                3, 2008

            	 	
              Date:

            	
              March
                3, 2008

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