Document:

Form of Nonqualified Stock Option Agreement for Non-Employee Directors

 EXHIBIT 10.31 
 VONAGE HOLDINGS CORP. 
 2006 INCENTIVE PLAN 
 NONQUALIFIED STOCK OPTION AGREEMENT 
 “Participant”:
                                 
 “Date of Award”:
                     
 This Agreement, effective as of the Date of Award set forth above, represents the grant of Nonqualified Stock Options by Vonage Holdings Corp., a Delaware corporation (the “Company”), to the Participant named
above, pursuant to the provisions of the Vonage Holdings Corp. 2006 Incentive Plan (the “Plan”). Capitalized terms have the meanings ascribed to them under the Plan, unless specifically set forth herein. 
 The parties hereto agree as follows: 
  

	 	1.	Grant of Options 

 The Company hereby grants to the
Participant Nonqualified Stock Options to purchase Shares in the manner and subject to the terms and conditions of the Plan and this Agreement as follows: 
 (a) Number of Shares Covered by the Options:                      
 (b) “Option Price”: $             per Share 

(c) “Option Term”: The Options have been granted for a period of ten years, ending on the tenth anniversary of the Date
of Award. 
  

	 	2.	Vesting of Options 

 (a) Subject to
Section 2(e) below, the Options vest and become exercisable [for initial sign-on option grants: over a period of four (4) years, with 25% vesting on the first anniversary of the Date of Award and the remainder vesting in equal quarterly
installments thereafter provided that the Participant continues to serve as a Non-Employee Director of the Company or a Subsidiary on the applicable vesting date] [for annual option grants: quarterly over a period of one (1) year on the first
day of each quarter after the quarter that includes the Date of the Award provided that the Participant continues to serve as a Non-Employee Director of the Company or a Subsidiary on the applicable vesting date]. 

 (b) To the extent not previously vested in accordance with this Section 2, in the event that a
Change of Control becomes effective while the Participant continues to serve as a Non-Employee Director of the Company or a Subsidiary, the Options will vest and become exercisable as to all the Shares covered thereby as of the effective date of the
Change of Control. 
 (c) To the extent not previously vested in accordance with this Section 2, in the event of the Participant’s
death, the Options will (i) vest and become exercisable as of the date thereof as to all the Shares covered thereby and (ii) remain exercisable until they terminate in accordance with Section 4 below. 
 (d) To the extent not previously vested in accordance with this Section 2, in the event of the Participant’s Disability, the Options will
(i) vest and become exercisable as of the date thereof as to all the Shares covered thereby and (ii) remain exercisable until they terminate in accordance with Section 4 below. 
 (e) To the extent not previously vested in accordance with Section 2(a) above, if the Participant’s service as a Non-Employee Director of the
Company is terminated for cause as determined by the Committee under the terms of the Plan, the Options will terminate immediately and be of no force or effect. 
 (f) To the extent vested in accordance with this Section 2, the Options will remain exercisable until they terminate in accordance with Section 4 below. 
 (g) For purposes of this Section 2, the following term shall have the meaning set forth below: 
 “Disability” means the Participant is unable to engage in any substantial gainful activity by reason of any medically determinable physical or
mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than 12 months. 
  

	 	3.	Exercise of Options 

 (a) The Options may be
exercised by written notice to the Company, specifying the number of Shares the Participant then desires to purchase, accompanied by the Option Price of such Shares, and as soon as practicable after receipt of such notice and payment, such Shares
will be issued in the Participant’s name. The Committee reserves the right to modify the exercise procedures from time to time. 
 (b)
Except as otherwise provided in this Section 3, the Participant must submit a check payable to the order of Vonage Holdings Corp. for an amount in United States dollars equal to the Option Price of such Shares, or tender Shares to the Company
having an aggregate Fair Market Value on the date of exercise equal to such Option Price, or a combination thereof. If permitted by the Committee, the Participant may direct the Company to withhold a number of Shares covered by the Option having an
aggregate Fair Market Value on the date of exercise equal to such Option Price. 
  

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	 	4.	Termination of Options 

 To the extent vested in
accordance with Section 2 above, the Options will terminate, and be of no force or effect, upon the earlier of: 
 (a) the date of
termination of the Participant’s service as a Non-Employee Director of the Company if such termination is for cause as determined by the Board, or the first anniversary of such date if the Participant’s service as a Non-Employee Director
of the Company terminates for any other reason; and 
 (b) the expiration of the Option Term. 
  

	 	5.	Rights as Stockholder 

 The Participant shall have
no rights as a stockholder of the Company with respect to the Shares covered by the Options until such time as the Option Price has been paid and the Shares have been issued and delivered to the Participant. 
  

	 	6.	Transferability 

 Unless permitted by the Committee
in accordance with the terms of the Plan, the Options may not be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated, other than by will or by the laws of descent and distribution, and, during the Participant’s
lifetime, may be exercised only by the Participant or in the event of the Participant’s legal incapacity, the Participant’s legal guardian or representative. 
  

	 	7.	Miscellaneous 

 (a) This Agreement and the rights of
the Participant hereunder are subject to the terms and conditions of the Plan, as the same may be amended from time to time, as well as to such rules and regulations as the Committee may adopt for administration of the Plan. If there is any
inconsistency between the terms of this Agreement and the terms of the Plan, the Plan’s terms shall completely supersede and replace the conflicting terms of this Agreement. 
  

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 (b) This Agreement shall be subject to all applicable laws, rules, and regulations, and to such approvals
by any governmental agencies or national securities exchanges as may be required or, the Committee determines are advisable. The Participant agrees to take all steps the Company determines are necessary to comply with all applicable provisions of
federal and state securities law in exercising his or her rights under this Agreement. The Committee shall have the right to impose such restrictions on any Shares acquired pursuant to the exercise of the Option as it deems necessary or advisable
under applicable federal securities laws, the rules and regulations of any stock exchange or market upon which Shares are then listed or traded, and/or any blue sky or state securities laws applicable to Shares. It is expressly understood that the
Committee is authorized to administer, construe, and make all determinations necessary or appropriate to the administration of the Plan and this Agreement, all of which shall be binding upon the Participant. 
 (c) The Options are intended not to provide for a “deferral of compensation” within the meaning of Section 409A of the Code.
Notwithstanding the forgoing or any provision of the Plan or this Agreement, if any provision of this Agreement or the Plan contravenes Section 409A of the Code or could cause the Participant to incur any tax, interest or penalties under
Section 409A of the Code, the Committee may, in its sole discretion and without the Participant’s consent, modify such provision in order to comply with the requirements of Section 409A of the Code or to satisfy the conditions of any
exception therefrom, or otherwise to avoid the imposition of the additional income tax and interest under Section 409A of the Code, while maintaining, to the maximum extent practicable, the original intent and economic benefit to the
Participant, without materially increasing the cost to the Company, of the applicable provision. 
 (d) Delivery of the Shares underlying the
Options upon exercise will be subject to the Participant satisfying all applicable federal, state, local and foreign taxes. The Company shall have authority to deduct or withhold from all amounts payable to the Participant in connection with the
Options, or require the Participant to remit to the Company, an amount sufficient to satisfy any applicable taxes required by law. 
 (e) To
the extent not preempted by federal law, this Agreement shall be governed by, and construed in accordance with, the laws of the State of New York. 
  

 4 

 IN WITNESS WHEREOF, the Company and the Participant have executed this Agreement as of the Date of Award.

  

			
	VONAGE HOLDINGS CORP.
		
	By:	 	  
		 	Name:
		 	Title:
		
		 	  
		 	Participant

  

 5Amendment #3 to the Agreement for Services

 Exhibit 10.33 
 Amendment #3 
 To the Agreement for Services 
 Between 
 Intrado Inc. and Vonage
Network Inc. 
 This Amendment #3 (“Amendment #3) is hereby made and entered into by and between Intrado Inc. (“Intrado”)
and Vonage Network Inc. (“Customer”), collectively referred to as the “Parties” and individually as “Party.” This Amendment shall become effective and binding as between the Parties once duly executed by both Parties as
evidenced within the signature block below (the “Amendment #3 Effective Date”). 
 Capitalized terms used herein but not
specifically defined shall assume the meanings ascribed to them under the Agreement. 
 RECITALS 
 WHEREAS, the Parties have that certain Agreement for Services dated April 27, 2005 but last signed on or about July 13, 2005 (the “Agreement”);
and 
 WHEREAS, the Parties wish to clarify the Statement of Work to the Agreement with regard to interconnectivity to the Selective Routers
in Alaska, including, but not limited to, Fairbanks and Anchorage, for V9-1 call delivery; and 
 WHEREAS, the Parties with to clarify the
pricing with regard to interconnectivity to the Selective Routers in Alaska, including, but not limited to, Fairbanks and Anchorage, for V9-1-1 call delivery; 
 NOW, THEREFORE, in consideration of the mutual promises and covenants set forth herein and other valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:

  

	1.	Effective Date of this Amendment 

 The Amendment
shall be effective upon execution by both Parties and shall be coterminous with the term of the Agreement. 
  

	2.	Attachment – Statement of Work for VoIP National V9-1-1 Mobility Services – Interconnectivity to the Selective Routers in Alaska, including, but not limited to,
Fairbanks and Anchorage, for V9-1-1 call delivery. 

 Statement of Work for VoIP National V9-1-1 Mobility Services
(including, but in no way limited to, interconnectivity to the Selective Routers) is hereby amended to include the following: 
 Intrado will
provide V9-1-1 Mobility Services (including, but in no way limited to, interconnectivity to the Selective Routers in Alaska) to the following Alaska PSAPs: 
 Anchorage: 
 Anchorage Police Department 
 Elmendorf Air Force Base 

 Amendment #3 
 to the 
 Vonage VoIP National Statement of Work 
 Fairbanks: 
 Fairbanks Police Department

 Alaska State Troopers 
 University of Alaska Fairbanks Police Department 
 Fairbanks International Airport 
 As more PSAPs become accessible to Intrado through various feasible solutions i.e. PSTN, voice only, or migration to LEC S/R and ALI system, Intrado
shall promptly advise Customer of that fact shall promptly arrange to provide V9-1-1 Mobility Services (including, but in no way limited to, interconnectivity to the Selective Routers in Alaska) to those PSAPs as well, all at no additional cost to
Customer. 
 Intrado will provide interconnectivity to the Selective Routers in Alaska, including, but not limited to, Fairbanks and
Anchorage and where available, for V9-1-1 call delivery for a monthly surcharge of $2,000.00, which surcharge shall be billed in arrears. This surcharge shall include connectivity and VPC charges for all Alaska PSAPs (i.e., those listed above as
well as those that become accessible to Intrado in the future). 
 Intrado will no longer charge such surcharge upon the earlier of (1) 12
months from Amendment Effective Date, or (2) the date on which Customer exceeds 8,000 Subscribers in Alaska. 
 Additionally, Intrado will
divide the monthly surcharge(s) equally among all of its customers; as such, Customer’s surcharge will decrease on a prorated basis as additional Intrado customers elect to receive V9-1-1 services in Alaska. Customer shall receive an equitable
adjustment that reflects such proration. In this regard, Customer shall have the right to demand in writing, and Intrado shall have the obligation to promptly provide a current customer (Intrado V9-1-1 Mobility Services customer under contract for
services in Alaska) count as of the request date to allow Customer to confirm Intrado’s compliance with this provision. 
 This pricing
is an interim surcharge and is in effect on the date the first PSAP is deployed (defined as tested, turned up, and ready to handle E911 calls) off of any Alaska Selective Router. This monthly surcharge will be prorated based on the first PSAP
deployment during that month and based on the cessation of the surcharge (see above regarding when Intrado will no longer charge the surcharge). 
  

	3.	Miscellaneous 

 3.1 Except as specifically amended
herein, all terms, conditions and provisions contained in the Agreement shall remain unchanged and in full force and effect. 
 3.2 This
Amendment may be executed in one or more counterparts, each of which shall be deemed as original and all of which shall together constitute one in the same agreement. Facsimile signatures shall be deemed original signatures to the extent promptly
followed by an original signature copy. 
  

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 Amendment #3 
 to the 
 Vonage VoIP National Statement of Work 
 3.3 The individuals named below who are executing this Amendment #3 on behalf of the Parties are duly authorized to make the representations contained
herein, to execute this Amendment #3, and to bind their respective organizations to the terms hereof. 
 3.4 This Amendment #3 may not be
amended, except via a writing executed by each of the Parties. 
 3.5 This Amendment #3 (a) constitutes the entire understanding of the
Parties with respect to the matters addressed in it and (b) supersedes any and all prior representations, agreements, or understandings, whether oral or written, relating to those matters. 
  

					
	 Intrado Inc.
	 		 	Vonage Network Inc.
			
	 /s/ Mary Hester
	 		 	 /s/ Jim Maguire

	Signature	 		 	Signature
			
	 Mary Hester, SVP
	 		 	 Jim Maguire, S.V.P., Finance

	Printed Name and Title	 		 	Printed Name and Title
			
	1/12/07	 		 	11-27-06
	Date	 		 	Date

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