Document:

STOCK OPTION AGREEMENT
	 

	 
		AGREEMENT, dated as of January 19, 2007, by
		and between Juniper Content Corporation, a Delaware corporation
		(“Company”) with principal offices located at 56 West 45th
		Street, Suite 805, New York, New York 10036, and Leonard Firestone
		(“Executive”) residing at 106 Virginia Place, Fort Worth, Texas
		76107.
	 

	 
		WHEREAS, Executive is employed by Firestone
		Communications, Inc., wholly-owned subsidiary of the Company
		(“Firestone”); 
	 

	 
		WHEREAS, pursuant to the Agreement and Plan
		of Merger dated as of August 15, 2006 by and among the Company, Firecomm
		Acquisition, Inc., Firestone and certain of the stockholders of Firestone and
		pursuant to the Company’s 2006 Incentive Equity Plan (“Plan”),
		the Board of Directors of the Company authorized the grant to the Executive of
		an option (“Option”) to purchase an aggregate of 120,000 shares of
		the authorized but unissued common stock of the Company, $.0001 par value
		(“Common Stock”), conditioned upon the Executive’s acceptance
		thereof upon the terms and conditions set forth in this Agreement and subject
		to the terms of the Plan (capitalized terms used herein and not otherwise
		defined have the meanings set forth in the Plan); and
	 

	 
		WHEREAS, the Executive desires to acquire
		the Option on the terms and conditions set forth in this Agreement and subject
		to the terms of the Plan;
	 

	 
		IT IS AGREED:
	 

	 
		1. Grant of Stock Option. The Company hereby grants to the Executive the right
		and option to purchase all or any part of an aggregate of 120,000 shares of the
		Common Stock (“Option Shares”) on the terms and conditions set forth
		herein and subject to the provisions of the Plan.
	 

	 
		2. Incentive Stock Option. The Option represented hereby is intended to be an
		Option that qualifies as an “Incentive Stock Option” under Section
		422 of the Internal Revenue Code of 1986, as amended (“Code”), but
		only to the extent allowable under the Code. Any option which cannot be
		Incentive Options under the Code shall be Non-Incentive Options.
	 

	 
		 
	 

	 
	 

	 

	 
		3. Exercise Price.
		The exercise price (“Exercise Price”) of the Option is $3.80 per
		share, subject to adjustment as hereinafter provided.
	 

	 
		4. Exercisability.
		Subject to the terms and conditions of the Plan, this Option is exercisable as
		to 40,000 of the Option Shares on January 18, 2008, 40,000 of the Option Shares
		on January 18, 2009 and 40,000 of the Option Shares on January 18, 2010. After
		a portion of the Option becomes exercisable, it shall remain exercisable,
		subject to the provisions of the Plan, until the close of business on January
		19, 2017. 
	 

	 
		5. Method of Exercise.
	 

	 
		5.1 Notice to the Company. The Option shall be exercised in whole or in part by
		written notice in substantially the form attached hereto as Exhibit A directed
		to the Company at its principal place of business accompanied by full payment
		as hereinafter provided of the exercise price for the number of Option Shares
		specified in the notice and of the Withholding Taxes, if any.
	 

	 
		5.2 Delivery of Option Shares. The Company shall deliver a certificate for the Option
		Shares to the Executive as soon as practicable after payment therefor.
	 

	 
		5.3 Payment of Purchase Price.
	 

	 
		5.3.1 Cash Payment.
		The Executive shall make cash payments by wire transfer, certified or bank
		check or personal check, in each case payable to the order of the Company; the
		Company shall not be required to deliver certificates for Option Shares until
		the Company has confirmed the receipt of good and available funds in payment of
		the purchase price thereof.
	 

	 
		5.3.2 Stock Payments.
		Provided that prior approval of the Company has been obtained, the Executive
		may use Common Stock of the Company owned by him or her to pay the purchase
		price for the Option Shares by delivery of stock certificates in negotiable
		form which are effective to transfer good and valid title thereto to the
		Company, free of any liens or encumbrances. Shares of Common Stock used for
		this purpose shall be valued at the Fair Market Value. 
	 

	 
		6. Company Representations. The Company hereby represents and warrants to the
		Executive that:
	 

	 
		 
	 

	 
		 
	 

	 
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		(i) the Company, by appropriate and all
		required action, is duly authorized to enter into this Agreement and consummate
		all of the transactions contemplated hereunder; and
	 

	 
		(ii) the Option Shares, when issued and
		delivered by the Company to the Executive in accordance with the terms and
		conditions hereof, will be duly and validly issued and fully paid and
		non-assessable.
	 

	 
		7. Executive Representations. The Executive hereby represents and warrants to the
		Company that:
	 

	 
		(i) he is acquiring the Option and shall
		acquire the Option Shares for his own account and not with a view towards the
		distribution thereof;
	 

	 
		(ii) he has received a copy of the Plan as
		in effect as of the date of this Agreement;
	 

	 
		(iii) he has received a copy of all reports
		and documents required to be filed by the Company with the Securities and
		Exchange Commission pursuant to the Exchange Act, within the last 24 months and
		all reports issued by the Company to its stockholders;
	 

	 
		(iv) he understands that he must bear the
		economic risk of the investment in the Option Shares, which cannot be sold by
		him unless they are registered under the Securities Act of 1933 (“1933
		Act”) or an exemption therefrom is available thereunder and that the
		Company is under no obligation to register the Option Shares for sale under the
		1933 Act;
	 

	 
		(v) in his position with the Company, he has
		had both the opportunity to ask questions and receive answers from the officers
		and directors of the Company and all persons acting on its behalf concerning
		the terms and conditions of the offer made hereunder and to obtain any
		additional information to the extent the Company possesses or may possess such
		information or can acquire it without unreasonable effort or expense necessary
		to verify the accuracy of the information obtained pursuant to clause (iii)
		above;
	 

	 
		(vi) he is aware that the Company shall
		place stop transfer orders with its transfer agent against the transfer of the
		Option Shares in the absence of registration under the 1933 Act or an exemption
		therefrom as provided herein;
	 

	 
		 
	 

	 
		 
	 

	 
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		(vii) if, at the time of issuance of the
		Option Shares, the issuance of such shares have not been registered under the
		1933 Act, the certificates evidencing the Option Shares shall bear the
		following legend: 
	 

	 
		“The shares represented by this
		certificate have been acquired for investment and have not been registered
		under the Securities Act of 1933. The shares may not be sold or transferred in
		the absence of such registration or an exemption therefrom under said
		Act.”
	 

	 
		; and
	 

	 
		(viii) he is aware of and understands that
		he is subject to the Company’s Insider Trading Policy and has received a
		copy of such policy as of the date of this Agreement.
	 

	 
		8. Restriction on Transfer of Option Shares. Anything in this Agreement to the contrary
		notwithstanding, the Executive hereby agrees that he shall not sell, transfer
		by any means or otherwise dispose of the Option Shares acquired by him without
		registration under the 1933 Act, or in the event that they are not so
		registered, unless (i) an exemption from the 1933 Act registration requirements
		is available thereunder, (ii) the Executive has furnished the Company with
		notice of such proposed transfer and the Company’s legal counsel, in its
		reasonable opinion, shall deem such proposed transfer to be so exempt, and
		(iii) such transfer is in compliance with the Company’s Insider Trading
		Policy, as in effect at such time.
	 

	 
		9. Miscellaneous.
	 

	 
		9.1 Notices. All
		notices, requests, deliveries, payments, demands and other communications which
		are required or permitted to be given under this Agreement shall be in writing
		and shall be either delivered personally or sent by registered or certified
		mail, or by private courier to the parties at their respective addresses set
		forth herein, or to such other address as either party shall have specified by
		notice in writing to the other. Notice shall be deemed duly given hereunder
		when delivered or mailed as provided herein.
	 

	 
		9.2 Conflicts with the Plan. In the event of a conflict between the provisions of
		the Plan and the provisions of this Agreement, the provisions of the Plan shall
		in all respects be controlling.
	 

	 
		9.3 Executive and Stockholder Rights. The Executive shall not have any of the rights of a
		stockholder with respect to the Option Shares until such shares have been
		issued 
	 

	 
		 
	 

	 
		 
	 

	 
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		after the due exercise of the Option.
		Nothing contained in this Agreement shall be deemed to confer upon Executive
		any right to continued employment with the Company or any subsidiary thereof,
		nor shall it interfere in any way with the right of the Company to terminate
		Executive, who understands that he is an employee-at-will.
	 

	 
		9.4 Waiver. The
		waiver by any party hereto of a breach of any provision of this Agreement shall
		not operate or be construed as a waiver of any other or subsequent
		breach.
	 

	 
		9.5 Entire Agreement. This Agreement constitutes the entire agreement
		between the parties with respect to the subject matter hereof. This Agreement
		may not be amended except by writing executed by the Executive and the
		Company.
	 

	 
		9.6 Binding Effect; Successors. This Agreement shall inure to the benefit of and be
		binding upon the parties hereto and, to the extent not prohibited herein, their
		respective heirs, successors, assigns and representatives. Nothing in this
		Agreement, expressed or implied, is intended to confer on any person other than
		the parties hereto and as provided above, their respective heirs, successors,
		assigns and representatives any rights, remedies, obligations or
		liabilities.
	 

	 
		9.7 Governing Law.
		This Agreement shall be governed by and construed in accordance with the laws
		of the State of Delaware (without regard to choice of law provisions).
	 

	 
		9.8 Headings. The
		headings contained herein are for the sole purpose of convenience of reference,
		and shall not in any way limit or affect the meaning or interpretation of any
		of the terms or provisions of this Agreement.
	 

	 
		9.9 Section 409A.
		The Option granted hereunder is intended to be exempt from the provisions of
		Section 409A of the Internal Revenue Code of 1986, as amended (“Section
		409A “). To the extent that the Options or any payments or benefits
		provided hereunder are considered deferred compensation subject to Section
		409A, the Company intends for this Agreement and the Option to comply with the
		standards for nonqualified deferred compensation established by Section 409A
		(the “409A Standards”). Notwithstanding anything herein to the
		contrary, to the extent that any terms of this Agreement or the Option would
		subject the Executive to gross income inclusion, interest or an additional tax
		pursuant to Section 409A, those terms are to that extent superseded by the 409A
		Standards. The Company reserves the right to amend the Option granted hereunder
		to cause such Option to comply with or be exempt from Section 409A.
	 

	 
		 
	 

	 
		 
	 

	 
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		IN WITNESS WHEREOF, the parties hereto have
		signed this Agreement on the day and year first above:
	 

	 
		JUNIPER CONTENT CORPORATION
	 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				  By: 
				

			 	
				
				  
 /s/ Stuart B. Rekant
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				

			 
	
				
				  Name: 
				

			 	
				
				  Stuart B. Rekant
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				  Title: 
				

			 	
				
				  Chairman and Chief Executive
				  Officer
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 

 

	 
		 
	 

	 

	 
		EXECUTIVE
	 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				  
 /s/ Leonard Firestone
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				

			 
	
				
				  Leonard Firestone
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 

 

	 
		 
	 

	 
		 
	 

	 
		6
	 

	 
		 
	 

	 
	 

	 

	 
		EXHIBIT A
	 

	 
		FORM OF NOTICE OF EXERCISE OF
		OPTION
	 

	 
		 
	 

	 
			
				
				  DATE
				

			 	
				
				   
				

			 

 

	 
		Juniper Content Corporation
	 

	 
		56 West 45th Street, Suite
		805
	 

	 
		New York, New York 10036
	 

	 
		Attention: Board of Directors
	 

	 
		Re:    Purchase of Option Shares
	 

	 
		Gentlemen:
	 

	 
		In accordance with my Stock Option Agreement
		dated as of January 19, 2007 with Juniper Content Corporation
		(“Company”), I hereby irrevocably elect to exercise the right to
		purchase _________ shares of the Company’s common stock, par value $.0001
		per share (“Common Stock”), which are being purchased for investment
		and not for resale.
	 

	 
		As payment for my shares, enclosed is (check
		and complete applicable box[es]):
	 

	 
			
				
				   
				

			 	
				
				  
				  
				

			 	
				
				  a [personal check] [certified check]
				  [bank check] payable to the order of “Juniper Content Corporation” in
				  the sum of $_________;
				

			 

 

	 
			
				
				   
				

			 	
				
				  
				

			 	
				
				  confirmation of wire transfer in the
				  amount of $_____________; and/or 
				

			 

 

	 
			
				
				   
				

			 	
				
				  
				

			 	
				
				  with the consent of the Company, a
				  certificate for __________ shares of the Company’s Common Stock, free and
				  clear of any encumbrances, duly endorsed, having a Fair Market Value (as such
				  term is defined in the 2006 Incentive Equity Plan of $_________.
				

			 

 

	 
		I hereby represent and warrant to, and agree
		with, the Company that: 
	 

	 
		(i) I am acquiring the Option Shares for my
		own account, for investment, and not with a view towards the distribution
		thereof;
	 

	 
		(ii) I have received a copy of the Plan and
		all reports and documents required to be filed by the Company with the
		Commission pursuant to the Exchange Act within the last 24 months and all
		reports issued by the Company to its stockholders;
	 

	 
		(iii) I understand that I must bear the
		economic risk of the investment in the Option Shares, which cannot be sold by
		me unless they are registered under the Securities Act of 1933 (“1933
		Act”) or an exemption therefrom is available thereunder and that the
		Company is under no obligation to register the Option Shares for sale under the
		1933 Act;
	 

	 
		(iv) I agree that I will not sell, transfer
		by any means or otherwise dispose of the Option Shares acquired by me hereby
		except in accordance with Company’s policy, if any, 
	 

	 
		 
	 

	 
		 
	 

	 
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		regarding the sale and disposition of
		securities owned by employees and/or directors of the Company; 
	 

	 
		(v) in my position with Firestone
		Communications, Inc. (“Firestone”), I have had both the opportunity
		to ask questions and receive answers from the officers and directors of
		Firestone and the Company and all persons acting on its behalf concerning the
		terms and conditions of the offer made hereunder and to obtain any additional
		information to the extent Firestone or the Company possesses or may possess
		such information or can acquire it without unreasonable effort or expense
		necessary to verify the accuracy of the information obtained pursuant to clause
		(ii) above;
	 

	 
		(vi) my rights with respect to the Option
		Shares shall, in all respects, be subject to the terms and conditions of the
		Company’s 2006 Incentive Equity Plan and the Ageement;
	 

	 
		(vii) I am aware that the Company shall
		place stop transfer orders with its transfer agent against the transfer of the
		Option Shares in the absence of registration under the 1933 Act or an exemption
		therefrom as provided herein; 
	 

	 
		(viii) if, at the time of issuance of the
		Option Shares, the issuance of such shares have not been registered under the
		1933 Act, the certificates evidencing the Option Shares shall bear the
		following legend:
	 

	 
		“The shares represented by this
		certificate have been acquired for investment and have not been registered
		under the Securities Act of 1933. The shares may not be sold or transferred in
		the absence of such registration or an exemption therefrom under said
		Act.”
	 

	 
		 ; and
	 

	 
		(ix) I am aware of and understand that I am
		subject to the Company’s Insider Trading Policy and have received a copy
		of such policy as of the date of this Agreement.
	 

	 
		Kindly forward to me my certificate at your
		earliest convenience.
	 

	 
		Very truly yours,
	 

	 
		 
	 

	 
			
				
				  (Signature)
				

			 	
				
				   
				

			 	
				
				  (Address)
				

			 

 

	 
		 
	 

	 
			
				
				  (Print Name)
				

			 	
				
				   
				

			 	
				
				   
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  (Social Security Number)
				

			 

 

	 
		 
	 

	 
		 
	 

	 
		8STOCK OPTION AGREEMENT
	 

	 
		AGREEMENT, dated as of January 19, 2007, by
		and between Juniper Content Corporation, a Delaware corporation
		(“Company”) with principal offices located at 56 West 45th
		Street, Suite 805, New York, New York 10036, and Christopher Firestone
		(“Executive”) residing at 3825 Crestwood Terrace, Fort Worth, Texas
		76107. 
	 

	 
		WHEREAS, Executive is employed by Firestone
		Communications, Inc., wholly-owned subsidiary of the Company
		(“Firestone”); 
	 

	 
		WHEREAS, pursuant to the Agreement and Plan
		of Merger dated as of August 15, 2006 by and among the Company, Firecomm
		Acquisition, Inc., Firestone and certain of the stockholders of Firestone and
		pursuant to the Company’s 2006 Incentive Equity Plan (“Plan”),
		the Board of Directors of the Company authorized the grant to the Executive of
		an option (“Option”) to purchase an aggregate of 30,000 shares of the
		authorized but unissued common stock of the Company, $.0001 par value
		(“Common Stock”), conditioned upon the Executive’s acceptance
		thereof upon the terms and conditions set forth in this Agreement and subject
		to the terms of the Plan (capitalized terms used herein and not otherwise
		defined have the meanings set forth in the Plan); and
	 

	 
		WHEREAS, the Executive desires to acquire
		the Option on the terms and conditions set forth in this Agreement and subject
		to the terms of the Plan;
	 

	 
		IT IS AGREED:
	 

	 
		1. Grant of Stock Option. The Company hereby grants to the Executive the right
		and option to purchase all or any part of an aggregate of 30,000 shares of the
		Common Stock (“Option Shares”) on the terms and conditions set forth
		herein and subject to the provisions of the Plan.
	 

	 
		2. Incentive Stock Option. The Option represented hereby is intended to be an
		Option that qualifies as an “Incentive Stock Option” under Section
		422 of the Internal Revenue Code of 1986, as amended (“Code”), but
		only to the extent allowable under the Code. Any option which cannot be
		Incentive Options under the Code shall be Non-Incentive Options.
	 

	 
		 
	 

	 
		 
	 

	 
	 

	 

	 
		3. Exercise Price.
		The exercise price (“Exercise Price”) of the Option is $3.80 per
		share, subject to adjustment as hereinafter provided.
	 

	 
		4. Exercisability.
		Subject to the terms and conditions of the Plan, this Option is exercisable as
		to 10,000 of the Option Shares on January 19, 2008, 10,000 of the Option Shares
		on January 19, 2009 and 10,000 of the Option Shares on January 19, 2010. After
		a portion of the Option becomes exercisable, it shall remain exercisable,
		subject to the provisions of the Plan, until the close of business on January
		19, 2017. 
	 

	 
		5. Method of Exercise.
	 

	 
		5.1 Notice to the Company. The Option shall be exercised in whole or in part by
		written notice in substantially the form attached hereto as Exhibit A directed
		to the Company at its principal place of business accompanied by full payment
		as hereinafter provided of the exercise price for the number of Option Shares
		specified in the notice and of the Withholding Taxes, if any.
	 

	 
		5.2 Delivery of Option Shares. The Company shall deliver a certificate for the Option
		Shares to the Executive as soon as practicable after payment therefor.
	 

	 
		5.3 Payment of Purchase Price.
	 

	 
		5.3.1 Cash Payment.
		The Executive shall make cash payments by wire transfer, certified or bank
		check or personal check, in each case payable to the order of the Company; the
		Company shall not be required to deliver certificates for Option Shares until
		the Company has confirmed the receipt of good and available funds in payment of
		the purchase price thereof.
	 

	 
		5.3.2 Stock Payments.
		Provided that prior approval of the Company has been obtained, the Executive
		may use Common Stock of the Company owned by him or her to pay the purchase
		price for the Option Shares by delivery of stock certificates in negotiable
		form which are effective to transfer good and valid title thereto to the
		Company, free of any liens or encumbrances. Shares of Common Stock used for
		this purpose shall be valued at the Fair Market Value. 
	 

	 
		6. Company Representations. The Company hereby represents and warrants to the
		Executive that:
	 

	 
		 
	 

	 
		 
	 

	 
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		(i) the Company, by appropriate and all
		required action, is duly authorized to enter into this Agreement and consummate
		all of the transactions contemplated hereunder; and
	 

	 
		(ii) the Option Shares, when issued and
		delivered by the Company to the Executive in accordance with the terms and
		conditions hereof, will be duly and validly issued and fully paid and
		non-assessable.
	 

	 
		7. Executive Representations. The Executive hereby represents and warrants to the
		Company that:
	 

	 
		(i) he is acquiring the Option and shall
		acquire the Option Shares for his own account and not with a view towards the
		distribution thereof;
	 

	 
		(ii) he has received a copy of the Plan as
		in effect as of the date of this Agreement;
	 

	 
		(iii) he has received a copy of all reports
		and documents required to be filed by the Company with the Securities and
		Exchange Commission pursuant to the Exchange Act, within the last 24 months and
		all reports issued by the Company to its stockholders;
	 

	 
		(iv) he understands that he must bear the
		economic risk of the investment in the Option Shares, which cannot be sold by
		him unless they are registered under the Securities Act of 1933 (“1933
		Act”) or an exemption therefrom is available thereunder and that the
		Company is under no obligation to register the Option Shares for sale under the
		1933 Act;
	 

	 
		(v) in his position with the Company, he has
		had both the opportunity to ask questions and receive answers from the officers
		and directors of the Company and all persons acting on its behalf concerning
		the terms and conditions of the offer made hereunder and to obtain any
		additional information to the extent the Company possesses or may possess such
		information or can acquire it without unreasonable effort or expense necessary
		to verify the accuracy of the information obtained pursuant to clause (iii)
		above;
	 

	 
		(vi) he is aware that the Company shall
		place stop transfer orders with its transfer agent against the transfer of the
		Option Shares in the absence of registration under the 1933 Act or an exemption
		therefrom as provided herein;
	 

	 
		 
	 

	 
		 
	 

	 
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		(vii) if, at the time of issuance of the
		Option Shares, the issuance of such shares have not been registered under the
		1933 Act, the certificates evidencing the Option Shares shall bear the
		following legend: 
	 

	 
		“The shares represented by this
		certificate have been acquired for investment and have not been registered
		under the Securities Act of 1933. The shares may not be sold or transferred in
		the absence of such registration or an exemption therefrom under said
		Act.”
	 

	 
		; and
	 

	 
		(viii) he is aware of and understands that
		he is subject to the Company’s Insider Trading Policy and has received a
		copy of such policy as of the date of this Agreement.
	 

	 
		8. Restriction on Transfer of Option Shares. Anything in this Agreement to the contrary
		notwithstanding, the Executive hereby agrees that he shall not sell, transfer
		by any means or otherwise dispose of the Option Shares acquired by him without
		registration under the 1933 Act, or in the event that they are not so
		registered, unless (i) an exemption from the 1933 Act registration requirements
		is available thereunder, (ii) the Executive has furnished the Company with
		notice of such proposed transfer and the Company’s legal counsel, in its
		reasonable opinion, shall deem such proposed transfer to be so exempt, and
		(iii) such transfer is in compliance with the Company’s Insider Trading
		Policy, as in effect at such time.
	 

	 
		9. Miscellaneous.
	 

	 
		9.1 Notices. All
		notices, requests, deliveries, payments, demands and other communications which
		are required or permitted to be given under this Agreement shall be in writing
		and shall be either delivered personally or sent by registered or certified
		mail, or by private courier to the parties at their respective addresses set
		forth herein, or to such other address as either party shall have specified by
		notice in writing to the other. Notice shall be deemed duly given hereunder
		when delivered or mailed as provided herein.
	 

	 
		9.2 Conflicts with the Plan. In the event of a conflict between the provisions of
		the Plan and the provisions of this Agreement, the provisions of the Plan shall
		in all respects be controlling.
	 

	 
		9.3 Executive and Stockholder Rights. The Executive shall not have any of the rights of a
		stockholder with respect to the Option Shares until such shares have been
		issued 
	 

	 
		 
	 

	 
		 
	 

	 
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		after the due exercise of the Option.
		Nothing contained in this Agreement shall be deemed to confer upon Executive
		any right to continued employment with the Company or any subsidiary thereof,
		nor shall it interfere in any way with the right of the Company to terminate
		Executive, who understands that he is an employee-at-will.
	 

	 
		9.4 Waiver. The
		waiver by any party hereto of a breach of any provision of this Agreement shall
		not operate or be construed as a waiver of any other or subsequent
		breach.
	 

	 
		9.5 Entire Agreement. This Agreement constitutes the entire agreement
		between the parties with respect to the subject matter hereof. This Agreement
		may not be amended except by writing executed by the Executive and the
		Company.
	 

	 
		9.6 Binding Effect; Successors. This Agreement shall inure to the benefit of and be
		binding upon the parties hereto and, to the extent not prohibited herein, their
		respective heirs, successors, assigns and representatives. Nothing in this
		Agreement, expressed or implied, is intended to confer on any person other than
		the parties hereto and as provided above, their respective heirs, successors,
		assigns and representatives any rights, remedies, obligations or
		liabilities.
	 

	 
		9.7 Governing Law.
		This Agreement shall be governed by and construed in accordance with the laws
		of the State of Delaware (without regard to choice of law provisions).
	 

	 
		9.8 Headings. The
		headings contained herein are for the sole purpose of convenience of reference,
		and shall not in any way limit or affect the meaning or interpretation of any
		of the terms or provisions of this Agreement.
	 

	 
		9.9 Section 409A.
		The Option granted hereunder is intended to be exempt from the provisions of
		Section 409A of the Internal Revenue Code of 1986, as amended (“Section
		409A”). To the extent that the Options or any payments or benefits
		provided hereunder are considered deferred compensation subject to Section
		409A, the Company intends for this Agreement and the Option to comply with the
		standards for nonqualified deferred compensation established by Section 409A
		(the “409A Standards”). Notwithstanding anything herein to the
		contrary, to the extent that any terms of this Agreement or the Option would
		subject the Executive to gross income inclusion, interest or an additional tax
		pursuant to Section 409A, those terms are to that extent superseded by the 409A
		Standards. The Company reserves the right to amend the Option granted hereunder
		to cause such Option to comply with or be exempt from Section 409A.
	 

	 
		 
	 

	 
		 
	 

	 
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		IN WITNESS WHEREOF, the parties hereto have
		signed this Agreement on the day and year first above:
	 

	 
		 
	 

	 
			
				
				  JUNIPER CONTENT CORPORATION
				

			 	
				
				   
				

			 
	
				
				  By: 
				

			 	
				
				  
 /s/ Stuart B. Rekant
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				  Name: 
				

			 	
				
				  Stuart B. Rekant
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				  Title: 
				

			 	
				
				  Chairman and Chief Executive
				  Officer
				

			 	
				
				   
				

			 	
				
				   
				

			 

 

	 
		 
	 

	 
			
				
				  EXECUTIVE
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				  
 /s/ Christopher
				  Firestone
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				

			 
	
				
				  Christopher Firestone
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 

 

	 
		 
	 

	 
		 
	 

	 
		6
	 

	 
		 
	 

	 
	 

	 

	 
		EXHIBIT A
	 

	 
		FORM OF NOTICE OF EXERCISE OF
		OPTION
	 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 
	
				
				  DATE
				

			 	
				
				   
				

			 

 
 

	 
		Juniper Content Corporation
	 

	 
		56 West 45th Street, Suite
		805
	 

	 
		New York, New York 10036
	 

	 
		Attention: Board of Directors
	 

	 
		Re: Purchase of Option Shares
	 

	 
		Gentlemen:
	 

	 
		In accordance with my Stock Option Agreement
		dated as of January 19, 2007 with Juniper Content Corporation
		(“Company”), I hereby irrevocably elect to exercise the right to
		purchase _________ shares of the Company’s common stock, par value $.0001
		per share (“Common Stock”), which are being purchased for investment
		and not for resale.
	 

	 
		As payment for my shares, enclosed is (check
		and complete applicable box[es]):
	 

	 
			
				
				   
				

			 	
				
				  o
				

			 	
				
				  a [personal check] [certified check]
				  [bank check] payable to the order of “Juniper Content Corporation” in
				  the sum of $_________;
				

			 

 

	 
			
				
				   
				

			 	
				
				  o
				

			 	
				
				  confirmation of wire transfer in the
				  amount of $_____________; and/or 
				

			 

 

	 
			
				
				   
				

			 	
				
				  o
				

			 	
				
				  with the consent of the Company, a
				  certificate for __________ shares of the Company’s Common Stock, free and
				  clear of any encumbrances, duly endorsed, having a Fair Market Value (as such
				  term is defined in the 2006 Incentive Equity Plan of $_________.
				

			 

 

	 
		I hereby represent and warrant to, and agree
		with, the Company that:
	 

	 
		(i) I am acquiring the Option Shares for my
		own account, for investment, and not with a view towards the distribution
		thereof;
	 

	 
		(ii) I have received a copy of the Plan and
		all reports and documents required to be filed by the Company with the
		Commission pursuant to the Exchange Act within the last 24 months and all
		reports issued by the Company to its stockholders;
	 

	 
		(iii) I understand that I must bear the
		economic risk of the investment in the Option Shares, which cannot be sold by
		me unless they are registered under the Securities Act of 1933 (“1933
		Act”) or an exemption therefrom is available thereunder and that the
		Company is under no obligation to register the Option Shares for sale under the
		1933 Act;
	 

	 
		(iv) I agree that I will not sell, transfer
		by any means or otherwise dispose of the Option Shares acquired by me hereby
		except in accordance with Company’s policy, if any, 
	 

	 
		 
	 

	 
		 
	 

	 
		7
	 

	 
		 
	 

	 
	 

	 

	 
		regarding the sale and disposition of
		securities owned by employees and/or directors of the Company;
	 

	 
		(v) in my position with Firestone
		Communications, Inc. (“Firestone”), I have had both the opportunity
		to ask questions and receive answers from the officers and directors of
		Firestone and the Company and all persons acting on its behalf concerning the
		terms and conditions of the offer made hereunder and to obtain any additional
		information to the extent Firestone or the Company possesses or may possess
		such information or can acquire it without unreasonable effort or expense
		necessary to verify the accuracy of the information obtained pursuant to clause
		(ii) above;
	 

	 
		(vi) my rights with respect to the Option
		Shares shall, in all respects, be subject to the terms and conditions of the
		Company’s 2006 Incentive Equity Plan and the Ageement;
	 

	 
		(vii) I am aware that the Company shall
		place stop transfer orders with its transfer agent against the transfer of the
		Option Shares in the absence of registration under the 1933 Act or an exemption
		therefrom as provided herein;
	 

	 
		(viii) if, at the time of issuance of the
		Option Shares, the issuance of such shares have not been registered under the
		1933 Act, the certificates evidencing the Option Shares shall bear the
		following legend:
	 

	 
		“The shares represented by this
		certificate have been acquired for investment and have not been registered
		under the Securities Act of 1933. The shares may not be sold or transferred in
		the absence of such registration or an exemption therefrom under said
		Act.”
	 

	 
		; and
	 

	 
		(ix) I am aware of and understand that I am
		subject to the Company’s Insider Trading Policy and have received a copy
		of such policy as of the date of this Agreement.
	 

	 
		Kindly forward to me my certificate at your
		earliest convenience.
	 

	 
		 
	 

	 
			
				
				  Very truly yours,
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				   
				

			 	 	
				
				   
				

			 
	
				
				   
				

			 	 	
				
				   
				

			 
	
				
				  (Signature)
				

			 	
				
				   
				

			 	
				
				  (Address)
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				  (Print Name)
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  (Social Security Number)
				

			 

 

	 
		 
	 

	 
		 
	 

	 
		8

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00116-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00116-of-00352.parquet"}]]