Document:

GEEKS
      ON
      CALL HOLDINGS, INC.

    2008
      EQUITY INCENTIVE PLAN

    

    FORM
      OF
      NONQUALIFIED STOCK OPTION AGREEMENT

    

    This
      NONQUALIFIED STOCK OPTION AGREEMENT (the “Option Agreement”), dated as of the
      ____ day of _______ 20__ (the “Grant Date”), is between Geeks On Call
      Holdings, Inc., a Delaware corporation (the “Company”), and _____________ (the
“Optionee”), a director, officer or employee of, or consultant or advisor to,
      the Company or a Subsidiary of the Company (a “Related Corporation”), pursuant
      to the Geeks on Call Holdings, Inc. 2008 Equity Incentive Plan (the
“Plan”).

    

    WHEREAS,
      the Company desires to give the Optionee the opportunity to purchase shares
      of
      common stock of the Company, par value $0.001 (“Common Shares”) in accordance
      with the provisions of the Plan, a copy of which is attached
      hereto;

    

    NOW,
      THEREFORE, in consideration of the mutual covenants hereinafter set forth and
      for other good and valuable consideration, the parties hereto, intending to
      be
      legally bound hereby, agree as follows:

    

    1. Grant
      of Option.
      The
      Company hereby grants to the Optionee the right and option (the “Option”) to
      purchase all or any part of an aggregate of ___________________ (______) Common
      Shares. The Option is in all respects limited and conditioned as hereinafter
      provided, and is subject in all respects to the terms and conditions of the
      Plan
      now in effect and as it may be amended from time to time (but only to the extent
      that such amendments apply to outstanding options). Such terms and conditions
      are incorporated herein by reference, made a part hereof, and shall control
      in
      the event of any conflict with any other terms of this Option Agreement. The
      Option granted hereunder is intended to be a nonqualified stock option (“NQSO”)
      and not
      an
      incentive stock option (“ISO”) as such term is defined in section 422 of the
      Internal Revenue Code of 1986, as amended (the “Code”).

    

    2. Exercise
      Price.
      The
      exercise price of the Common Shares covered by this Option shall be $_________
      per share. It is the determination of the committee administering the Plan
      (the
“Committee”) that on the Grant Date the exercise price was not less than the
      greater of (i) 100% of the “Fair Market Value” (as defined in the Plan) of a
      Common Share, or (ii) the par value of a Common Share.

    

       3. Term.
      Unless
      earlier terminated pursuant to any provision of the Plan or of this Option
      Agreement, this Option shall expire on _______ ___, 20__ (the “Expiration
      Date”), which date is not more than 10 years from the Grant Date. This Option
      shall not be exercisable on or after the Expiration Date.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    4. Exercise
      of Option.
      The
      Option shall vest according to the following schedule, provided that Optionee
      remains continuously engaged as a director, officer or employees of, or
      consultant or advisor to, the Company or a Related Corporation from the date
      hereof through the applicable vesting date:

    

    
      	
              Date
                Installment Becomes Exercisable

            	 	
              Number
                of Shares

            
	 	 	
              ______
                Shares

            
	 	 	
              an
                additional ______ Shares

            
	 	 	
              an
                additional ______ Shares

            
	 	 	
              an
                additional ______ Shares

            

    

    

    The
      Committee may accelerate any vesting date of the Option, in its discretion,
      if
      it deems such acceleration to be desirable. Once the Option becomes exercisable,
      it will remain exercisable until it is exercised or until it
      terminates.

    

    5. Method
      of Exercising Option.
      Subject
      to the terms and conditions of this Option Agreement and the Plan, the Option
      may be exercised by written notice to the Company at its principal office.
      The
      form of such notice is attached hereto and shall state the election to exercise
      the Option and the number of whole shares with respect to which it is being
      exercised; shall be signed by the person or persons so exercising the Option;
      and shall be accompanied by payment of the full exercise price of such shares.
      Only full shares will be issued. [The
      Committee should select which of the following methods of payment will be
      permitted:]

    

    The
      exercise price shall be paid to the Company: 

    

    (a) in
      cash,
      or by certified check, bank draft, or postal or express money
      order;

    

    (b) through
      the delivery of Common Shares previously acquired by the Optionee;

    

    (c) by
      delivering a properly executed notice of exercise of the Option to the Company
      and a broker, with irrevocable instructions to the broker promptly to deliver
      to
      the Company the amount necessary to pay the exercise price of the
      Option;

    

    (d) in
      Common
      Shares newly acquired by the Optionee upon exercise of the Option;
      or

    

    (e) in
      any
      combination of (a), (b), (c) or (d) above.

    

    In
      the
      event the exercise price is paid, in whole or in part, with Common Shares,
      the
      portion of the exercise price so paid shall be equal to the Fair Market Value
      of
      the Common Shares surrendered on the date of exercise.

    
      
        
        

      

      
        -2-

        
          

        

      

      
        
        

      

    

    

    Upon
      receipt of notice of exercise and payment, the Company shall deliver a
      certificate or certificates representing the Common Shares with respect to
      which
      the Option is so exercised. The Optionee shall obtain the rights of a
      shareholder upon receipt of a certificate(s) representing such Common
      Shares.

    

    Such
      certificate(s) shall be registered in the name of the person so exercising
      the
      Option (or, if the Option is exercised by the Optionee and if the Optionee
      so
      requests in the notice exercising the Option, shall be registered in the name
      of
      the Optionee and the Optionee’s spouse, jointly, with right of survivorship),
      and shall be delivered as provided above to, or upon the written order of,
      the
      person exercising the Option. In the event the Option is exercised by any person
      after the death or disability (as determined in accordance with Section 22(e)(3)
      of the Code) of the Optionee, the notice shall be accompanied by appropriate
      proof of the right of such person to exercise the Option. All Common Shares
      that
      are purchased upon exercise of the Option as provided herein shall be fully
      paid
      and non-assessable.

    

    Upon
      exercise of the Option, Optionee shall be responsible for all employment and
      income taxes then or thereafter due (whether Federal, State or local), and
      if
      the Optionee does not remit to the Company sufficient cash (or, with the consent
      of the Committee, Common Shares) to satisfy all applicable withholding
      requirements, the Company shall be entitled to satisfy any withholding
      requirements for any such tax by disposing of Common Shares at exercise,
      withholding cash from Optionee’s salary or other compensation or such other
      means as the Committee considers appropriate to the fullest extent permitted
      by
      applicable law. Nothing in the preceding sentence shall impair or limit the
      Company’s rights with respect to satisfying withholding obligations under
      Section 10 of the Plan.

    

    6. Non-Transferability
      of Option.
      This
      Option is not assignable or transferable, in whole or in part, by the Optionee
      other than by will or by the laws of descent and distribution. During the
      lifetime of the Optionee, the Option shall be exercisable only by the Optionee
      or, in the event of his or her disability, by his or her guardian or legal
      representative.

    

    7. Termination
      of Services.
      If the
      Optionee’s services with the Company and all Related Corporations are terminated
      for any reason (other than death or disability) prior to the Expiration Date,
      then this Option may be exercised by Optionee, to the extent of the number
      of
      Common Shares with respect to which the Optionee could have exercised it on
      the
      date of such termination of services, at any time prior to the earlier of (i)
      the Expiration Date, or (ii) three months after such termination of services.
      Any part of the Option that was not exercisable immediately before the
      termination of Optionee’s services shall terminate at that time.

    

    8. Disability.
      If the
      Optionee becomes disabled (as determined in accordance with section 22(e)(3)
      of
      the Code) during the period of his or her service and, prior to the Expiration
      Date, the Optionee’s services are terminated as a consequence of such
      disability, then this Option may be exercised by the Optionee or by the
      Optionee’s legal representative, to the extent of the number of Common Shares
      with respect to which the Optionee could have exercised it on the date of such
      termination of services, at any time prior to the earlier of (i) the Expiration
      Date or (ii) one year after such termination of services. Any part of the Option
      that was not exercisable immediately before the Optionee’s termination of
      services shall terminate at that time. 

    
      
        
        

      

      
        -3-

        
          

        

      

      
        
        

      

    

     

    9. Death.
      If the
      Optionee dies during the period of his or her services and prior to the
      Expiration Date, or if the Optionee’s services are terminated for any reason (as
      described in Paragraphs 7 and 8) and the Optionee dies following his or her
      termination of services but prior to the earliest of (i) the Expiration Date,
      or
      (ii) the expiration of the period determined under Paragraph 7 or 8 (as
      applicable to the Optionee), then this Option may be exercised by the Optionee’s
      estate, personal representative or beneficiary who acquired the right to
      exercise this Option by bequest or inheritance or by reason of the Optionee’s
      death, to the extent of the number of Common Shares with respect to which the
      Optionee could have exercised it on the date of his or her death, at any time
      prior to the earlier of (i) the Expiration Date or (ii) one year after the
      date
      of the Optionee’s death. Any part of the Option that was not exercisable
      immediately before the Optionee’s death shall terminate at that
      time.

    

    10. Securities
      Matters.
      (a) If,
      at any time, counsel to the Company shall determine that the listing,
      registration or qualification of the Common Shares subject to the Option upon
      any securities exchange or under any state or federal law, or the consent or
      approval of any governmental or regulatory body, or that the disclosure of
      non-public information or the satisfaction of any other condition is necessary
      as a condition of, or in connection with, the issuance or purchase of Common
      Shares hereunder, such Option may not be exercised, in whole or in part, unless
      such listing, registration, qualification, consent or approval, or satisfaction
      of such condition shall have been effected or obtained on conditions acceptable
      to the Board of Directors. The Company shall be under no obligation to apply
      for
      or to obtain such listing, registration or qualification, or to satisfy such
      condition. The Committee shall inform the Optionee in writing of any decision
      to
      defer or prohibit the exercise of an Option. During the period that the
      effectiveness of the exercise of an Option has been deferred or prohibited,
      the
      Optionee may, by written notice, withdraw the Optionee’s decision to exercise
      and obtain a refund of any amount paid with respect thereto.

    

    (b) The
      Company may require: (i) the Optionee (or any other person exercising the Option
      in the case of the Optionee’s death or Disability) as a condition of exercising
      the Option, to give written assurances, in substance and form satisfactory
      to
      the Company, to the effect that such person is acquiring the Common Shares
      subject to the Option for his or her own account for investment and not with
      any
      present intention of selling or otherwise distributing the same, and to make
      such other representations or covenants; and (ii) that any certificates for
      Common Shares delivered in connection with the exercise of the Option bear
      such
      legends, in each case as the Company deems necessary or appropriate, in order
      to
      comply with federal and applicable state securities laws, to comply with
      covenants or representations made by the Company in connection with any public
      offering of its Common Shares or otherwise. The Optionee specifically
      understands and agrees that the Common Shares, if and when issued upon exercise
      of the Option, may be “restricted securities,” as that term is defined in Rule
      144 under the Securities Act of 1933 and, accordingly, the Optionee may be
      required to hold the shares indefinitely unless they are registered under such
      Securities Act of 1933, as amended, or an exemption from such registration
      is
      available.

    
      
        
        

      

      
        -4-

        
          

        

      

      
        
        

      

    

    

    (c) The
      Optionee shall have no rights as a shareholder with respect to any Common Shares
      covered by the Option (including, without limitation, any rights to receive
      dividends or non-cash distributions with respect to such shares) until the
      date
      of issue of a stock certificate to the Optionee for such Common Shares. No
      adjustment shall be made for dividends or other rights for which the record
      date
      is prior to the date such stock certificate is issued.

    

    11. Governing
      Law.
      This
      Option Agreement shall be governed by the applicable Code provisions to the
      maximum extent possible. Otherwise, the laws of the State of Delaware (without
      reference to the principles of conflict of laws) shall govern the operation
      of,
      and the rights of the Optionee under, the Plan and Options granted
      thereunder.

    

    [SIGNATURE
      PAGE FOLLOWS]

    
      
        
        

      

      
        -5-

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF, the Company has caused this Option Agreement to be duly
      executed by its duly authorized officer, and the Optionee has executed this
      Option Agreement, all as of the ____ day of ________, 20__.

    

    

    
      	
              GEEKS
                ON CALL HOLDINGS, INC.

            
	 
	 
	
              By:_______________________________

            
	
              Name:

            
	
              Title:

            
	 
	 
	
              _______________________________

            
	
              Optionee

            

    

    
      
        
        

      

      
        -6-

        
          

        

      

      
        
        

      

    

    GEEKS
      ON
      CALL HOLDINGS, INC.

    2008
      EQUITY INCENTIVE PLAN

    

    Notice
      of
      Exercise of Nonqualified Stock Option

    

    I
      hereby
      exercise the nonqualified stock option granted to me pursuant to the
      Nonqualified Stock Option Agreement dated as of ________ ___ , 200__, by
      Geeks on Call Holdings, Inc. (the “Company”), with respect to the following
      number of shares of the Company’s common stock (“Shares”), par value $0.001 per
      Share, covered by said option:

    

    
      	 	 	
              Number
                of Shares to be purchased:

            	
               
                _______

            
	 	 	 	 
	 	 	
              Purchase
                price per Share:

            	
              $_______

            
	 	 	 	 
	 	 	
              Total
                purchase price:

            	
              $_______

            
	 	 	 	 
	
               ̈

            	
              A.

            	
              Enclosed
                is cash or my certified check, bank draft, or postal or express money
                order in the amount of $__________ in full/partial [circle
                one] payment for such Shares;

            
	 	 	 	 
	 	 	
              and/or

            
	 	 	 	 
	
               ̈

            	
              B.

            	
              Enclosed
                is/are_______ Share(s) with a total fair market value of $ on the
                date
                hereof in full/partial [circle one] payment for such
                Shares;

            
	 	 	 	 
	 	 	
              and/or

            
	 	 	 	 
	
               ̈

            	
              C.

            	
              I
                have provided notice to __________ [insert name of
                broker], a broker, who will render full/partial [circle
                one] payment for such Shares. [Optionee should attach to
                the notice of exercise provided to such broker a copy of this Notice
                of
                Exercise and irrevocable instructions to pay to the Company the full
                exercise price.]

            
	 	 	 	 
	 	 	
              and/or

            
	 	 	 	 
	
               ̈

            	
              D.

            	
              I
                elect to satisfy the payment for Shares purchased hereunder by having
                the
                Company withhold newly acquired Shares pursuant to the exercise of
                the
                Option.

            

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    Please
      have the certificate or certificates representing the purchased Shares
      registered in the following name or names* :
                                                 ;
      and
      sent to                                                 .

    

    

    
      	
              DATED:_____
                ___, 20__

            	 	
              _______________________________

            
	 	 	
              Optionee’s
                Signature

            

    

    

    

      

      
        *Certificates
          may be registered in the name of the Optionee alone or in the joint names
          (with
          right of survivorship) of the Optionee and his or her spouse.AGREEMENT
      OF CONVEYANCE, TRANSFER AND ASSIGNMENT OF ASSETS AND

    ASSUMPTION
      OF OBLIGATIONS

     

    This
      Agreement of Conveyance, Transfer and Assignment of Assets and Assumption of
      Obligations (“Transfer
      and Assumption Agreement”)
      is
      made as of February 8, 2008, by Geeks On Call Holdings, Inc., a Delaware
      corporation (“Assignor”),
      and
      Lightview Holdings, Inc., a Delaware corporation and a wholly-owned subsidiary
      of Assignor (“Assignee”).

    

    WHEREAS,
      Assignor is engaged in the business of importing, marketing and distributing
      Greek olive oils, olives and spices in the United States (the “Business”);
      and

    

    WHEREAS,
      Assignor desires to convey, transfer and assign to Assignee, and Assignee
      desires to acquire from Assignor, all of the assets of Assignor relating to
      the
      operation of the Business, and in connection therewith, Assignee has agreed
      to
      assume all of the liabilities of Assignor relating to the Business, on the
      terms
      and conditions set forth herein.

    

    NOW
      THEREFORE, in consideration of the mutual promises and agreements contained
      herein, the parties hereto, intending to be legally bound hereby, agree as
      follows:

    

    Section
      1. Assignment.

    

    1.1. Assignment
      of Assets.
      For
      good and valuable consideration, the receipt and adequacy of which are hereby
      acknowledged by Assignor, Assignor does hereby assign, grant, bargain, sell,
      convey, transfer and deliver to Assignee, and its successors and assigns, all
      of
      Assignor’s right, title and interest in, to and under the assets, properties and
      business, of every kind and description, wherever located, real, personal or
      mixed, tangible or intangible, owned, held or used in the conduct of the
      Business (the “Assets”),
      including, but not limited to, the Assets listed on Exhibit
      A
      hereto,
      and
      identified in part by reference to Assignor’s balance sheet as of September 30,
      2007, filed with the Securities and Exchange Commission as part of Assignor’s
      quarterly report on Form 10-QSB on November 6, 2007 (the “Balance
      Sheet”).
      Notwithstanding anything to the contrary contained herein, the term Assets
      shall
      not include either the assets of or the business conducted by Geeks on Call
      America, Inc., a Delaware corporation.

    

    1.2 Further
      Assurances.
      Assignor shall from time to time after the date hereof at the request of
      Assignee and without further consideration execute and deliver to Assignee
      such
      additional instruments of transfer and assignment, including without limitation
      any bills of sale, assignments of leases, deeds, and other recordable
      instruments of assignment, transfer and conveyance, in addition to this Transfer
      and Assumption Agreement, as Assignee shall reasonably request to evidence
      more
      fully the assignment by Assignor to Assignee of the Assets.

    

    Section
      2.  Assumption.

    

    2.1 Assumed
      Liabilities.
      As of
      the date hereof, Assignee hereby assumes and agrees to pay, perform and
      discharge, fully and completely, (i) all
      liabilities,
      commitments, contracts, agreements, obligations or other claims against
      Assignor, whether known or unknown, asserted or unasserted, accrued or
      unaccrued, absolute or contingent, liquidated or unliquidated, due or to become
      due, and whether contractual, statutory, or otherwise associated
      with the Business whenever arising (the “Liabilities”),
      including, but not limited to, the Liabilities listed on Exhibit
      B,
      and
      identified in part by reference to the Balance Sheet.
      

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    2.2 Further
      Assurances.
      Assignee shall from time to time after the date hereof at the request of
      Assignor and without further consideration execute and deliver to Assignor
      such
      additional instruments of assumption in addition to this Transfer and Assumption
      Agreement as Assignor shall reasonably request to evidence more fully the
      assumption by Assignee of the Liabilities.

    

    Section
      3. Headings.
      The
      descriptive headings contained in this Transfer and Assumption Agreement are
      for
      convenience of reference only and shall not affect in any way the meaning or
      interpretation of this Transfer and Assumption Agreement.

    

    Section
      4. Governing
      Law.
      This
      Transfer and Assumption Agreement shall be governed by and construed in
      accordance with the laws of the State of Delaware applicable to contracts made
      and to be performed entirely within that state, except that any conveyances
      of
      leaseholds and real property made herein shall be governed by the laws of the
      respective jurisdictions in which such property is located.

    

    [The
      remainder of this page is blank intentionally.]

     

    
      
        
        

      

      
        - 2 -

        
          

        

      

      
        
        

      

    

    [SIGNATURE
      PAGE TO TRANSFER AND ASSUMPTION AGREEMENT]

    

    IN
      WITNESS WHEREOF, this Transfer and Assumption Agreement has been duly executed
      and delivered by the parties hereto as of the date first above
      written.

     

    
      	
              GEEKS
                ON CALL HOLDINGS, INC.

            
	 	 
	 	 
	
              By:
                

            	
              /s/
                Richard T. Cole

            
	 	
              Name:
                Richard T. Cole

            
	 	
              Title:
                President

            
	 	 
	 	 
	
              LIGHTVIEW
                HOLDINGS, INC.

            
	 	 
	
              By:

            	
              Lightview
                Holdings, Inc.,

            
	 	
              its
                stockholders

            
	 	 
	 	 
	
              By:
                

            	
              /s/
                Ryan Goldstein

            
	 	
              Name:
                Ryan Goldstein

            
	 	
              Title:
                President

            
	 	 
	 	 
	
              By:

            	
              /s/
                Daniel Kominars

            
	 	
              Name:
                Daniel Kominars

            

    

     

     

    
      
         

      

      
        -3-

        
          

        

      

      
         

      

    

    
      Exhibit
        A

      

      (a) All
        of
        the equipment, computers, servers, hardware, appliances, implements, and
        all
        other tangible personal property that are owned by Assignor and have been
        used
        in the conduct of the Business;

       

      (b) all
        inventory associated with the Business;

       

      (c) all
        real
        property and real property leases to which Assignor is a party, and which
        affect
        the Business or the Assets;

       

      (d) all
        contracts to which Assignor is a party, or which affect the Business or the
        Assets, including leases of personal property; 

       

      (e) all
        rights, claims and causes of action against third parties resulting from
        or
        relating to the operation of the Business or the Assets, including without
        limitation, any rights, claims and causes of action arising under warranties
        from vendors and other third parties;

       

      (f) all
        governmental licenses, permits, authorizations, consents or approvals affecting
        or relating to the Business or the Assets;

       

      (g) all
        accounts receivable, notes receivable, prepaid expenses and insurance and
        indemnity claims to the extent related to any of the Assets or the
        Business;

       

      (h) all
        goodwill associated with the Assets and the Business;

       

      (i) all
        business records, regardless of the medium of storage, relating to the Assets
        and/or the Business, including without limitation, all schematics, drawings,
        customer data, subscriber lists, statistics, promotional graphics, original
        art
        work, mats, plates, negatives, accounting and financial information concerning
        the Assets or Business;

       

      (j) all
        internet domain names and URLs of the Business, software, inventions, art
        works,
        patents, patent applications, processes, shop rights, formulas, brand names,
        trade secrets, know-how, service marks, trade names, trademarks, trademark
        applications, copyrights, source and object codes, customer lists, drawings,
        ideas, algorithms, processes, computer software programs or applications
        (in
        code and object code form), tangible or intangible proprietary information
        and
        any other intellectual property and similar items and related rights owned
        by or
        licensed to Assignor used in the Business, together with any goodwill associated
        therewith and all rights of action on account of past, present and future
        unauthorized use or infringement thereof; and

       

      (k) all
        other
        privileges, rights, interests, properties and assets of whatever nature and
        wherever located that are owned, used or intended for use in connection with,
        or
        that are necessary to the continued conduct of, the Business as presently
        conducted or planned to be conducted.

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Exhibit
        B

       

      

      (a) All
        liabilities in respect of indebtedness of Assignor related to the
        Business;

       

      (b) product
        liability and warranty claims relating to any product or service of Assignor
        associated with the Business;

       

      (c) taxes,
        duties, levies, assessments and other such charges, including any penalties,
        interests and fines with respect thereto, payable by Assignor to any federal,
        provincial, municipal or other government, domestic or foreign, incurred
        in the
        conduct of the Business;

       

      (d) liabilities
        for salary, bonus, vacation pay, severance payments damages for wrongful
        dismissal, or other compensation or benefits relating to Assignor’s employees
        employed in the conduct of the Business; and

       

      (e) any
        liability or claim for liability (whether in contract, in tort or otherwise,
        and
        whether or not successful) related to any lawsuit or threatened lawsuit or
        claim
        (including any claim for breach or non-performance of any contract) based
        upon
        actions, omissions or events relating to the Business.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00136-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00136-of-00352.parquet"}]]