Document:

Exhibit
10.3

 

FORM
OF INCENTIVE STOCK OPTION AGREEMENT

 

SNAP
INTERACTIVE, INC.

2016
LONG-TERM INCENTIVE PLAN

 

1.Grant
of Option. Pursuant to the Snap Interactive, Inc. 2016 Long-Term Incentive Plan (the “Plan”) for
Employees, Contractors, and Outside Directors of Snap Interactive, Inc., a Delaware corporation (the “Company”),
the Company grants to

 

                                                                                      

(the
“Participant”),

 

who
is an Employee of the Company, an option (the “Option” or “Stock Option”)
to purchase a total of _____________________ (_________) full shares of Common Stock of the Company (the “Optioned
Shares”) at an “Option Price” equal to $________ per share (which is equal to the Fair
Market Value per share of Common Stock on the Date of Grant or 110% of such Fair Market Value, in the case of a ten percent (10%)
or more stockholder as provided in Section 422 of the Code), in the amounts, during the periods and upon the terms and conditions
set forth in this Incentive Stock Option Agreement (the “Agreement”).

 

The
“Date of Grant” of this Stock Option is _________________, 20___. The “Option Period”
shall commence on the Date of Grant and shall expire on the date immediately preceding the tenth (10th) anniversary
of the Date of Grant (or the date immediately preceding the fifth (5th) anniversary of the Date of Grant, in the case
of a ten percent (10%) or more stockholder as provided in Section 422 of the Code) unless terminated earlier in accordance with
Section 4 below. The Stock Option is intended to be an Incentive Stock Option.

 

2.Subject
to Plan. The Stock Option and its exercise are subject to the terms and conditions of the Plan, and the terms of the Plan
shall control to the extent not otherwise inconsistent with the provisions of this Agreement. The capitalized terms used herein
that are defined in the Plan shall have the same meanings assigned to them in the Plan. The Stock Option is subject to any rules
promulgated pursuant to the Plan by the Board or the Committee and communicated to the Participant in writing.

 

3.Vesting;
Time of Exercise. Except as specifically provided in this Agreement and subject to certain restrictions and conditions set
forth in the Plan, the Optioned Shares shall be vested and the Stock Option shall be exercisable as follows:

 

a._____________________
of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on _________________________,
provided the Participant is employed by the Company or a Subsidiary on that date.

 

b._____________________
of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on ________________________,
provided the Participant is employed by the Company or a Subsidiary on that date.

 

c._____________________
of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on ________________________,
provided the Participant is employed by the Company or a Subsidiary on that date.

 

     

     

    

 

d._____________________
of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on ________________________,
provided the Participant is employed by the Company or a Subsidiary on that date.

 

Notwithstanding
the foregoing, upon a Change in Control, (i) fifty percent (50%) of the then-unvested Optioned Shares immediately shall vest on
the date of the Change in Control; and (ii) the remaining fifty percent (50%) of the unvested Optioned Shares shall vest on the
earlier of (A) the original date such Optioned Shares would have vested under Sections 3.a.-[d.] above, or (B) equally on the
first and second anniversary of the effective date of the Change in Control.

 

4.Term;
Forfeiture.

 

a.Except
as otherwise provided in this Agreement, to the extent the unexercised portion of the Stock Option relates to Optioned Shares
which are not vested on the date of the Participant’s Termination of Service, the Stock Option will be terminated on that
date. The unexercised portion of the Stock Option that relates to Optioned Shares which are vested will terminate at the first
of the following to occur:

 

i.5
p.m. on the date the Option Period terminates;

 

ii.immediately
upon the Participant’s Termination of Service by the Company for Cause (as defined herein);

 

iii.5
p.m. on the date which is twelve (12) months following the date of the Participant’s Termination of Service due to death
or Total and Permanent Disability;

 

iv.5
p.m. on the date which is three (3) months following the date of the Participant’s Termination of Service for any reason
not otherwise specified in this Section 4.a.;

 

v.5
p.m. on the date the Company causes any portion of the Stock Option to be forfeited pursuant to Section 7 hereof;
or

 

vi.immediately
upon the Participant’s violation of any non-compete or non-solicitation agreement entered into between the Company and the
Participant.

 

b.For
purposes hereof, “Cause” shall have the meaning set forth in the employment agreement by and between
the Company and the Participant; provided, that, if no such agreement is in effect or such agreement does not define such term,
then “Cause” shall mean (i) acts of fraud or dishonesty in the course of employment, (ii) violations of law causing
material harm to the Company, (iii) substance abuse causing harm to the Company or impairing performance, (iv) conviction of a
felony involving moral turpitude, or (v) insubordination, dereliction of duties, habitual absenteeism, or material failure to
follow reasonable Company instructions after (solely in the case of this clause (v)) notice to the Participant and the Participant’s
failure to correct same within the time period specified in the notice, which time period shall be not less than ten (10) business
days.

 

5.Who
May Exercise. Subject to the terms and conditions set forth in Sections 3 and 4 above, during the lifetime of the Participant,
the Stock Option may be exercised only by the Participant, or by the Participant’s guardian or personal or legal representative.
If the Participant’s Termination of Service is due to his or her death prior to the dates specified in Section 4.a.
hereof, and the Participant has not exercised the Stock Option as to the maximum number of vested Optioned Shares as set forth
in Section 3 hereof as of the date of death, the following persons may exercise the exercisable portion of the Stock
Option on behalf of the Participant at any time prior to the earliest of the dates specified in Section 4.a. hereof:
the personal representative of his or her estate, or the person who acquired the right to exercise the Stock Option by bequest
or inheritance or by reason of the death of the Participant; provided that the Stock Option shall remain subject to the other
terms of this Agreement, the Plan, and Applicable Laws, rules, and regulations.

 

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6.No
Fractional Shares. The Stock Option may be exercised only with respect to full shares, and no fractional share of stock shall
be issued.

 

7.Manner
of Exercise. Subject to such administrative regulations as the Committee may from time to time adopt, the Stock Option may
be exercised by the delivery of written notice to the Committee setting forth the number of shares of Common Stock with respect
to which the Stock Option is to be exercised (the “Exercise Notice”), whether the Optioned Shares to
be exercised will be considered as deemed granted under an Incentive Stock Option as provided in Section 11, and the date
of exercise thereof (the “Exercise Date”) which shall be the date that the Participant has delivered
both the Exercise Notice and consideration to the Company with a value equal to the total Option Price of the shares to be purchased
(plus any employment tax withholding or other tax payment due with respect to the exercise of the Stock Option). On the Exercise
Date, the Participant shall deliver to the Company consideration with a value equal to the total Option Price of the shares to
be purchased, payable as follows: (a) cash, check, bank draft, or money order payable to the order of the Company, (b) if the
Company, in its sole discretion, so consents in writing, Common Stock (including Restricted Stock) owned by the Participant on
the Exercise Date, valued at its Fair Market Value on the Exercise Date, and which the Participant has not acquired from the Company
within six (6) months prior to the Exercise Date, (c) if the Company, in its sole discretion, so consents in writing, by delivery
(including by FAX or electronic transmission) to the Company or its designated agent of an executed irrevocable option exercise
form (or, to the extent permitted by the Company, exercise instructions, which may be communicated in writing, telephonically,
or electronically) together with irrevocable instructions from the Participant to a broker or dealer, reasonably acceptable to
the Company, to sell certain of the shares of Common Stock purchased upon exercise of the Stock Option or to pledge such shares
as collateral for a loan and promptly deliver to the Company the amount of sale or loan proceeds necessary to pay such purchase
price, and/or (d) in any other form of valid consideration that is acceptable to the Committee in its sole discretion. In the
event that shares of Restricted Stock are tendered as consideration for the exercise of a Stock Option, a number of shares of
Common Stock issued upon the exercise of the Stock Option equal to the number of shares of Restricted Stock used as consideration
therefor shall be subject to the same restrictions and provisions as the Restricted Stock so tendered. If the Participant fails
to deliver the consideration described above within three (3) business days of the date of the Exercise Notice, then the Exercise
Notice shall be null and void and the Company will have no obligation to deliver any shares of Common Stock to the Participant
in connection with such Exercise Notice.

 

Upon
payment of all amounts due from the Participant, the Company shall cause certificates for the Common Stock then being purchased
to be delivered as directed by the Participant (or the person exercising the Participant’s Stock Option in the event of
his or her death) at its principal business office promptly after the Exercise Date; provided that if the Participant has exercised
an Incentive Stock Option, the Company may at its option retain physical possession of the certificate evidencing the shares acquired
upon exercise until the expiration of the holding periods described in Section 422(a)(1) of the Code. The obligation of the Company
to deliver shares of Common Stock shall, however, be subject to the condition that, if at any time the Committee shall determine
in its discretion that the listing, registration, or qualification of the Stock Option or the Common Stock upon any securities
exchange or inter-dealer quotation system or under any state or federal law, or the consent or approval of any governmental regulatory
body, is necessary as a condition of, or in connection with, the Stock Option or the issuance or purchase of shares of Common
Stock thereunder, the Stock Option may not be exercised in whole or in part unless such listing, registration, qualification,
consent, or approval shall have been effected or obtained free of any conditions not reasonably acceptable to the Committee.

 

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If
the Participant fails to pay for any of the Common Stock specified in such notice or fails to accept delivery thereof, that portion
of the Participant’s Stock Option and right to purchase such Common Stock may be forfeited by the Participant.

 

8.Nonassignability.
The Stock Option is not assignable or transferable by the Participant except by will or by the laws of descent and distribution.

 

9.Rights
as Stockholder. The Participant will have no rights as a stockholder with respect to any of the Optioned Shares until the
issuance of a certificate or certificates to the Participant for the shares of Common Stock. The Optioned Shares shall be subject
to the terms and conditions of this Agreement. Except as otherwise provided in Section 10 hereof, no adjustment shall
be made for dividends or other rights for which the record date is prior to the issuance of such certificate or certificates.
The Participant, by his or her execution of this Agreement, agrees to execute any documents requested by the Company in connection
with the issuance of a certificate or certificates for the shares of Common Stock.

 

10.Adjustment
of Number of Optioned Shares and Related Matters. The number of shares of Common Stock covered by the Stock Option, and the
Option Prices thereof, shall be subject to adjustment in accordance with Articles 11 – 13 of the Plan.

 

11.Incentive
Stock Option. Subject to the provisions of the Plan, the Stock Option is intended to be an Incentive Stock Option. To the
extent the number of Optioned Shares exceeds the limit set forth in Section 6.3 of the Plan, such Optioned Shares shall
be deemed granted pursuant to a Nonqualified Stock Option. Unless otherwise indicated by the Participant in the notice of exercise
pursuant to Section 7, upon any exercise of this Stock Option, the number of exercised Optioned Shares that shall be deemed
to be exercised pursuant to an Incentive Stock Option shall equal the total number of Optioned Shares so exercised multiplied
by a fraction, (i) the numerator of which is the number of unexercised Optioned Shares that could then be exercised pursuant to
an Incentive Stock Option, and (ii) the denominator of which is the then total number of unexercised Optioned Shares.

 

12.Disqualifying
Disposition. In the event that Common Stock acquired upon exercise of this Stock Option is disposed of by the Participant
in a “Disqualifying Disposition,” such Participant shall notify the Company in writing within thirty (30) days after
such disposition of the date and terms of such disposition. For purposes hereof, “Disqualifying Disposition”
shall mean a disposition of Common Stock that is acquired upon the exercise of this Stock Option (and that is not deemed granted
pursuant to a Nonqualified Stock Option under Section 11) prior to the expiration of either two (2) years from the Date
of Grant of this Stock Option or one (1) year from the transfer of shares to the Participant pursuant to the exercise of the Stock
Option.

 

13.Voting.
The Participant, as record holder of some or all of the Optioned Shares following exercise of this Stock Option, has the exclusive
right to vote, or consent with respect to, such Optioned Shares until such time as the Optioned Shares are transferred in accordance
with this Agreement; provided, however, that this Section shall not create any voting right where the holders of
such Optioned Shares otherwise have no such right.

 

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14.Specific
Performance. The parties acknowledge that remedies at law will be inadequate remedies for breach of this Agreement and consequently
agree that this Agreement shall be enforceable by specific performance. The remedy of specific performance shall be cumulative
of all of the rights and remedies at law or in equity of the parties under this Agreement.

 

15.Participant’s
Representations. Notwithstanding any of the provisions hereof, the Participant hereby agrees that he or she will not exercise
the Stock Option granted hereby, and that the Company will not be obligated to issue any shares to the Participant hereunder,
if the exercise thereof or the issuance of such shares shall constitute a violation by the Participant or the Company of any provision
of any law or regulation of any governmental authority. Any determination in this connection by the Company shall be final, binding,
and conclusive. The obligations of the Company and the rights of the Participant are subject to all Applicable Laws, rules, and
regulations.

 

16.Investment
Representation. Unless the shares of Common Stock are issued to the Participant in a transaction registered under applicable
federal and state securities laws, by his or her execution hereof, the Participant represents and warrants to the Company that
all Common Stock which may be purchased hereunder will be acquired by the Participant for investment purposes for his or her own
account and not with any intent for resale or distribution in violation of federal or state securities laws. Unless the Common
Stock is issued to him or her in a transaction registered under the applicable federal and state securities laws, all certificates
issued with respect to the Common Stock shall bear an appropriate restrictive investment legend and shall be held indefinitely,
unless they are subsequently registered under the applicable federal and state securities laws or the Participant obtains an opinion
of counsel, in form and substance satisfactory to the Company and its counsel, that such registration is not required.

 

17.Participant’s
Acknowledgments. The Participant acknowledges that a copy of the Plan has been made available for his or her review by the
Company, and represents that he or she is familiar with the terms and provisions thereof, and hereby accepts this Stock Option
subject to all the terms and provisions thereof. The Participant hereby agrees to accept as binding, conclusive, and final all
decisions or interpretations of the Committee or the Board, as appropriate, upon any questions arising under the Plan or this
Agreement.

 

18.Law
Governing. This Agreement shall be governed by, construed, and enforced in accordance with the laws of the State of Delaware
(excluding any conflict of laws rule or principle of Delaware law that might refer the governance, construction, or interpretation
of this Agreement to the laws of another state).

 

19.No
Right to Continue Employment. Nothing herein shall be construed to confer upon the Participant the right to continue in the
employment of the Company or interfere with or restrict in any way the right of the Company to discharge the Participant at any
time.

 

20.Legal
Construction. In the event that any one or more of the terms, provisions, or agreements that are contained in this Agreement
shall be held by a court of competent jurisdiction to be invalid, illegal, or unenforceable in any respect for any reason, the
invalid, illegal, or unenforceable term, provision, or agreement shall not affect any other term, provision, or agreement that
is contained in this Agreement and this Agreement shall be construed in all respects as if the invalid, illegal, or unenforceable
term, provision, or agreement had never been contained herein.

 

21.Covenants
and Agreements as Independent Agreements. Each of the covenants and agreements that is set forth in this Agreement shall be
construed as a covenant and agreement independent of any other provision of this Agreement. The existence of any claim or cause
of action of the Participant against the Company, whether predicated on this Agreement or otherwise, shall not constitute a defense
to the enforcement by the Company of the covenants and agreements that are set forth in this Agreement.

 

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22.Entire
Agreement. This Agreement together with the Plan supersede any and all other prior understandings and agreements, either oral
or in writing, between the parties with respect to the subject matter hereof and constitute the sole and only agreements between
the parties with respect to the said subject matter. All prior negotiations and agreements between the parties with respect to
the subject matter hereof are merged into this Agreement. Each party to this Agreement acknowledges that no representations, inducements,
promises, or agreements, orally or otherwise, have been made by any party or by anyone acting on behalf of any party, which are
not embodied in this Agreement or the Plan and that any agreement, statement or promise that is not contained in this Agreement
or the Plan shall not be valid or binding or of any force or effect.

 

23.Parties
Bound. The terms, provisions, and agreements that are contained in this Agreement shall apply to, be binding upon, and inure
to the benefit of the parties and their respective heirs, executors, administrators, legal representatives, and permitted successors
and assigns, subject to the limitation on assignment expressly set forth herein.

 

24.Modification.
No change or modification of this Agreement shall be valid or binding upon the parties unless the change or modification is in
writing and signed by the parties. Notwithstanding the preceding sentence, the Company may amend the Plan to the extent permitted
by the Plan.

 

25.Headings.
The headings that are used in this Agreement are used for reference and convenience purposes only and do not constitute substantive
matters to be considered in construing the terms and provisions of this Agreement.

 

26.Gender
and Number. Words of any gender used in this Agreement shall be held and construed to include any other gender, and words
in the singular number shall be held to include the plural, and vice versa, unless the context requires otherwise.

 

27.Notice.
Any notice required or permitted to be delivered hereunder shall be deemed to be delivered only when actually received by the
Company or by the Participant, as the case may be, at the addresses set forth below, or at such other addresses as they have theretofore
specified by written notice delivered in accordance herewith:

 

a.Notice
to the Company shall be addressed and delivered as follows:

 

Snap
Interactive, Inc.

320
W 37th Street, 13th Floor

New
York, NY 10018

Attn:
                                                      

Facsimile:
                                               

 

b.Notice
to the Participant shall be addressed and delivered as set forth on the signature page.

 

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28.Tax
Requirements. The Participant is hereby advised to consult immediately with his or her own tax advisor regarding the tax consequences
of this Agreement. The Company or, if applicable, any Subsidiary (for purposes of this Section 28, the term “Company”
shall be deemed to include any applicable Subsidiary), shall have the right to deduct from all amounts paid in cash or other form
in connection with the Plan, any Federal, state, local, or other taxes required by law to be withheld in connection with this
Award. The Company may, in its sole discretion, also require the Participant receiving shares of Common Stock issued under the
Plan to pay the Company the amount of any taxes that the Company is required to withhold in connection with the Participant’s
income arising with respect to this Award. Such payments shall be required to be made when requested by the Company and may be
required to be made prior to the delivery of any certificate representing shares of Common Stock. Such payment may be made (i)
by the delivery of cash to the Company in an amount that equals or exceeds (to avoid the issuance of fractional shares under (iii)
below) the required tax withholding obligations of the Company; (ii) if the Company, in its sole discretion, so consents in writing,
the actual delivery by the exercising Participant to the Company of shares of Common Stock that the Participant has not acquired
from the Company within six (6) months prior to the date of exercise, which shares so delivered have an aggregate Fair Market
Value that equals or exceeds (to avoid the issuance of fractional shares under (iii) below) the required tax withholding payment;
(iii) if the Company, in its sole discretion, so consents in writing, the Company’s withholding of a number of shares to
be delivered upon the exercise of the Stock Option, which shares so withheld have an aggregate Fair Market Value that equals (but
does not exceed) the required tax withholding payment; (iv) if the Company, in its sole discretion, so consents in writing, arrange
for the sale of a number of shares to be delivered upon the exercise of the Stock Option (on the Participant’s behalf and
at his or her direction pursuant to a written authorization) with an aggregate Fair Market Value that equals (but does not exceed)
the required tax withholding payment; or (v) any combination of (i), (ii), (iii), or (iv). The Company may, in its sole discretion,
withhold any such taxes from any other cash remuneration otherwise paid by the Company to the Participant.

 

*
* * * * * *

 

[Remainder
of Page Intentionally Left Blank

Signature
Page Follows.]

 

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IN
WITNESS WHEREOF, the Company has caused this Agreement to be executed by its duly authorized officer, and the Participant, to
evidence his or her consent and approval of all the terms hereof, has duly executed this Agreement, as of the date specified in
Section 1 hereof.

 

	 	COMPANY:
	 	 
	 	SNAP
    INTERACTIVE, INC.
	 	 	 
	 	By:	 
	 	Name:	 
	 	Title:	 

 

	 	PARTICIPANT:
	 	 	 
	 	 	 
	 	Signature	 
	 	 	 
	 	Name:	 
	 	Address:	 
	 	 	 

 

 

 

Signature
Page to Incentive Stock Option AgreementExhibit 10.4

 

FORM OF RESTRICTED STOCK AWARD AGREEMENT

 

SNAP INTERACTIVE, INC.

2016 LONG-TERM INCENTIVE PLAN

 

1. 
Grant of Award. Pursuant to the Snap Interactive, Inc. 2016 Long-Term Incentive Plan (the “Plan”)
for Employees, Contractors, and Outside Directors of Snap Interactive, Inc., a Delaware corporation (the “Company”),
the Company grants to

 

_________________________________

(the “Participant”)

 

an Award of Restricted Stock in accordance
with Section 6.4 of the Plan. The number of shares of Common Stock awarded under this Restricted Stock Award Agreement (this “Agreement”)
is _________ shares (the “Awarded Shares”). The “Date of Grant” of this Award
is ______________, 20___.

 

2. 
Subject to Plan. This Agreement is subject to the terms and conditions of the Plan, and the terms of the Plan shall
control to the extent not otherwise inconsistent with the provisions of this Agreement. The capitalized terms used herein that
are defined in the Plan shall have the same meanings assigned to them in the Plan. This Agreement is subject to any rules promulgated
pursuant to the Plan by the Board or the Committee and communicated to the Participant in writing.

 

3. 
Vesting. Except as specifically provided in this Agreement and subject to certain restrictions and conditions set
forth in the Plan, the Awarded Shares shall vest as follows:

 

a.____________________
of the total Awarded Shares shall vest on _________________________, provided the Participant is employed by (or if the Participant
is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date.

 

b.____________________
of the total Awarded Shares shall vest on _________________________, provided the Participant is employed by (or if the Participant
is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date.

 

c.____________________
of the total Awarded Shares shall vest on _________________________, provided the Participant is employed by (or if the Participant
is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date.

 

d.____________________
of the total Awarded Shares shall vest on _________________________, provided the Participant is employed by (or if the Participant
is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date.

 

Notwithstanding the foregoing,
upon a Change in Control, (i) fifty percent (50%) of the then unvested Awarded Shares immediately shall vest on the date of the
Change in Control; and (ii) the remaining fifty percent (50%) of the unvested Awarded Shares shall vest on the earlier of (A) the
original date such Awarded Shares would have vested under Sections 3.a.-[d.] above, or (B) equally on the first and second anniversary
of the effective date of the Change in Control.

 

4. 
Forfeiture of Awarded Shares. Awarded Shares that are not vested in accordance with Section 3 shall be
forfeited on the date of the Participant’s Termination of Service. Upon forfeiture, all of the Participant’s rights
with respect to the forfeited Awarded Shares shall cease and terminate, without any further obligations on the part of the Company.
Certificates for Awarded Shares forfeited under the provisions of the Plan and this Agreement shall be promptly returned to the
Company by the forfeiting Participant.

 

     

     

    

 

5. 
Restrictions on Awarded Shares. Subject to the provisions of the Plan and the terms of this Agreement, from the Date
of Grant until the date the Awarded Shares are vested in accordance with Section 3 and are no longer subject to forfeiture
in accordance with Section 4 (the “Restriction Period”), the Participant shall not be permitted
to sell, transfer, pledge, hypothecate, margin, assign or otherwise encumber any of the Awarded Shares. Except for these limitations,
the Committee may in its sole discretion, remove any or all of the restrictions on such Awarded Shares whenever it may determine
that, by reason of changes in applicable laws or changes in circumstances after the date of this Agreement, such action is appropriate.

 

6. 
Legend. The following legend shall be placed on all certificates issued representing Awarded Shares:

 

On the face of the certificate:

 

“Transfer of this stock
is restricted in accordance with conditions printed on the reverse of this certificate.”

 

On the reverse:

 

“The shares of stock evidenced
by this certificate are subject to and transferable only in accordance with that certain Snap Interactive, Inc. 2016 Long-Term
Incentive Plan, a copy of which is on file at the principal office of the Company in New York, New York. No transfer or pledge
of the shares evidenced hereby may be made except in accordance with and subject to the provisions of said Plan. By acceptance
of this certificate, any holder, transferee or pledgee hereof agrees to be bound by all of the provisions of said Plan.”

 

The following legend shall
be inserted on a certificate evidencing Common Stock issued under the Plan if the shares were not issued in a transaction registered
under the applicable federal and state securities laws:

 

“Shares of stock represented
by this certificate have been acquired by the holder for investment and not for resale, transfer or distribution, have been issued
pursuant to exemptions from the registration requirements of applicable state and federal securities laws, and may not be offered
for sale, sold or transferred other than pursuant to effective registration under such laws, or in transactions otherwise in compliance
with such laws, and upon evidence satisfactory to the Company of compliance with such laws, as to which the Company may rely upon
an opinion of counsel satisfactory to the Company.”

 

All Awarded Shares owned
by the Participant shall be subject to the terms of this Agreement and shall be represented by a certificate or certificates bearing
the foregoing legend.

 

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7. 
Delivery of Certificates. Certificates for Awarded Shares free of restriction under this Agreement shall be delivered
to the Participant promptly after, and only after, the Restriction Period has expired without forfeiture pursuant to Section 4.
In connection with the issuance of a certificate for Restricted Stock, the Participant shall endorse such certificate in blank
or execute a stock power in a form satisfactory to the Company in blank and deliver such certificate and executed stock power to
the Company.

 

8. 
Rights of a Stockholder. Except as provided in Section 4 and Section 5 above, the Participant
shall have, with respect to his or her Awarded Shares, all of the rights of a stockholder of the Company, including the right to
vote the shares, and the right to receive any dividends thereon, subject to the provisions of this Section 8. Any stock
dividends paid with respect to Awarded Shares shall at all times be treated as Awarded Shares and shall be subject to all restrictions
placed on such Awarded Shares; any such stock dividends paid with respect to such Awarded Shares shall vest as the related Awarded
Shares become vested. Any cash dividends paid with respect to unvested Awarded Shares shall at all times be subject to the provisions
of this Agreement (including the vesting and forfeiture provisions set forth above); any such cash dividends paid with respect
to such unvested Awarded Shares shall vest as such Awarded Shares become vested, and shall be paid to the Participant on the date
the Awarded Shares to which such cash dividends relate become vested.

 

9. 
Voting. The Participant, as record holder of the Awarded Shares, has the exclusive right to vote, or consent with
respect to, such Awarded Shares until such time as the Awarded Shares are transferred in accordance with this Agreement; provided,
however, that this Section 9 shall not create any voting right where the holders of such Awarded Shares otherwise
have no such right.

 

10. 
Adjustment to Number of Awarded Shares. The number of Awarded Shares shall be subject to adjustment in accordance
with Articles 11-13 of the Plan.

 

11. 
Specific Performance. The parties acknowledge that remedies at law will be inadequate remedies for breach of this
Agreement and consequently agree that this Agreement shall be enforceable by specific performance. The remedy of specific performance
shall be cumulative of all of the rights and remedies at law or in equity of the parties under this Agreement.

 

12. 
Participant’s Representations. Notwithstanding any of the provisions hereof, the Participant hereby agrees
that he or she will not acquire any Awarded Shares, and that the Company will not be obligated to issue any Awarded Shares to the
Participant hereunder, if the issuance of such shares shall constitute a violation by the Participant or the Company of any provision
of any law or regulation of any governmental authority. Any determination in this connection by the Company shall be final, binding,
and conclusive. The rights and obligations of the Company and the rights and obligations of the Participant are subject to all
Applicable Laws, rules, and regulations.

 

13. 
Investment Representation. Unless the Awarded Shares are issued in a transaction registered under applicable federal
and state securities laws, by his or her execution hereof, the Participant represents and warrants to the Company that all Common
Stock which may be purchased and/or received hereunder will be acquired by the Participant for investment purposes for his or her
own account and not with any intent for resale or distribution in violation of federal, or state securities laws. Unless the Common
Stock is issued to him or her in a transaction registered under the applicable federal and state securities laws, all certificates
issued with respect to the Common Stock shall bear an appropriate restrictive investment legend and shall be held indefinitely,
unless they are subsequently registered under the applicable federal, and state securities laws or the Participant obtains an opinion
of counsel, in form and substance satisfactory to the Company and its counsel, that such registration is not required.

 

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14. 
Participant’s Acknowledgments. The Participant acknowledges that a copy of the Plan has been made available
for his or her review by the Company, and represents that he is familiar with the terms and provisions thereof, and hereby accepts
this Award subject to all the terms and provisions thereof. The Participant hereby agrees to accept as binding, conclusive, and
final all decisions or interpretations of the Committee or the Board, as appropriate, upon any questions arising under the Plan
or this Agreement.

 

15. 
Law Governing. This Agreement shall be governed by, construed, and enforced in accordance with the laws of the State
of Delaware (excluding any conflict of laws rule or principle of Delaware law that might refer the governance, construction, or
interpretation of this Agreement to the laws of another state).

 

16. 
No Right to Continue Service or Employment. Nothing herein shall be construed to confer upon the Participant the
right to continue in the employ or to provide services to the Company or any Subsidiary, whether as an Employee or as a Contractor
or as an Outside Director, or interfere with or restrict in any way the right of the Company or any Subsidiary to discharge the
Participant as an Employee, Contractor, or Outside Director at any time.

 

17. 
Legal Construction. In the event that any one or more of the terms, provisions, or agreements that are contained
in this Agreement shall be held by a court of competent jurisdiction to be invalid, illegal, or unenforceable in any respect for
any reason, the invalid, illegal, or unenforceable term, provision, or agreement shall not affect any other term, provision, or
agreement that is contained in this Agreement and this Agreement shall be construed in all respects as if the invalid, illegal,
or unenforceable term, provision, or agreement had never been contained herein.

 

18. 
Covenants and Agreements as Independent Agreements. Each of the covenants and agreements that is set forth in this
Agreement shall be construed as a covenant and agreement independent of any other provision of this Agreement. The existence of
any claim or cause of action of the Participant against the Company, whether predicated on this Agreement or otherwise, shall not
constitute a defense to the enforcement by the Company of the covenants and agreements that are set forth in this Agreement.

 

19. 
Entire Agreement. This Agreement together with the Plan supersede any and all other prior understandings and agreements,
either oral or in writing, between the parties with respect to the subject matter hereof and constitute the sole and only agreements
between the parties with respect to the said subject matter. All prior negotiations and agreements between the parties with respect
to the subject matter hereof are merged into this Agreement. Each party to this Agreement acknowledges that no representations,
inducements, promises, or agreements, orally or otherwise, have been made by any party or by anyone acting on behalf of any party,
which are not embodied in this Agreement or the Plan and that any agreement, statement or promise that is not contained in this
Agreement or the Plan shall not be valid or binding or of any force or effect.

 

20. 
Parties Bound. The terms, provisions, and agreements that are contained in this Agreement shall apply to, be binding
upon, and inure to the benefit of the parties and their respective heirs, executors, administrators, legal representatives, and
permitted successors and assigns, subject to the limitation on assignment expressly set forth herein. No person shall be permitted
to acquire any Awarded Shares without first executing and delivering an agreement in the form satisfactory to the Company making
such person or entity subject to the restrictions on transfer contained herein.

 

21. 
Modification. No change or modification of this Agreement shall be valid or binding upon the parties unless the change
or modification is in writing and signed by the parties. Notwithstanding the preceding sentence, the Company may amend the Plan
to the extent permitted by the Plan.

 

    4

     

    

 

22. 
Headings. The headings that are used in this Agreement are used for reference and convenience purposes only and do
not constitute substantive matters to be considered in construing the terms and provisions of this Agreement.

 

23. 
Gender and Number. Words of any gender used in this Agreement shall be held and construed to include any other gender,
and words in the singular number shall be held to include the plural, and vice versa, unless the context requires otherwise.

 

24. 
Notice. Any notice required or permitted to be delivered hereunder shall be deemed to be delivered only when actually
received by the Company or by the Participant, as the case may be, at the addresses set forth below, or at such other addresses
as they have theretofore specified by written notice delivered in accordance herewith:

 

a.Notice to
the Company shall be addressed and delivered as follows:

 

Snap Interactive, Inc.

320 W 37th Street, 13th
Floor

New York, NY 10018

Attn:                                                          

Fax:                                                             

 

b.Notice to
the Participant shall be addressed and delivered as set forth on the signature page.

 

25. 
Tax Requirements. The Participant is hereby advised to consult immediately with his or her own tax advisor regarding
the tax consequences of this Agreement, the method and timing for filing an election to include this Agreement in income under Section
83(b) of the Code, and the tax consequences of such election. By execution of this Agreement, the Participant agrees that if the
Participant makes such an election, the Participant shall provide the Company with written notice of such election in accordance
with the regulations promulgated under Section 83(b) of the Code. The Company or, if applicable, any Subsidiary (for purposes
of this Section 25, the term “Company” shall be deemed to include any applicable Subsidiary),
shall have the right to deduct from all amounts paid in cash or other form in connection with the Plan, any Federal, state, local,
or other taxes required by law to be withheld in connection with this Award. The Company may, in its sole discretion, also require
the Participant receiving shares of Common Stock issued under the Plan to pay the Company the amount of any taxes that the Company
is required to withhold in connection with the Participant’s income arising with respect to this Award. Such payments shall
be required to be made when requested by the Company and may be required to be made prior to the delivery of any certificate representing
shares of Common Stock. Such payment may be made (i) by the delivery of cash to the Company in an amount that equals or exceeds
(to avoid the issuance of fractional shares under (iii) below) the required tax withholding obligations of the Company; (ii) if
the Company, in its sole discretion, so consents in writing, the actual delivery by the Participant to the Company of shares of
Common Stock that the Participant has not acquired from the Company within six (6) months prior thereto, which shares so delivered
have an aggregate Fair Market Value that equals or exceeds (to avoid the issuance of fractional shares under (iii) below) the required
tax withholding payment; (iii) if the Company, in its sole discretion, so consents in writing, the Company’s withholding
of a number of shares to be delivered upon the vesting of this Award, which shares so withheld have an aggregate Fair Market Value
that equals (but does not exceed) the required tax withholding payment; (iv) if the Company, in its sole discretion, so consents
in writing, arrange for the sale of a number of shares to be delivered upon the vesting of this Award (on the Participant’s
behalf and at his or her direction pursuant to a written authorization) with an aggregate Fair Market Value that equals (but does
not exceed) the required tax withholding payment; or (v) any combination of (i), (ii), (iii), or (iv). The Company may, in its
sole discretion, withhold any such taxes from any other cash remuneration otherwise paid by the Company to the Participant.

 

* * * * * * * * * *

 

[Remainder of Page Intentionally Left Blank.

Signature Page Follows]

  

    5

     

    

 

IN WITNESS WHEREOF, the
Company has caused this Agreement to be executed by its duly authorized officer, and the Participant, to evidence his or her consent
and approval of all the terms hereof, has duly executed this Agreement, as of the date specified in Section 1 hereof.

 

	 	COMPANY:
	 	 
	 	SNAP INTERACTIVE, INC.
	 	 	 
	 	By:	 
	 	Name:	 
	 	Title:	 

 

	 	PARTICIPANT:
	 	 	 
	 	 	 
	 	Signature	 
	 	 	 
	 	Name:	 
	 	Address:	 
	 	 	 

 

 

 

Signature Page to Restricted Stock Option Agreement

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