STOCK OPTION AWARD AGREEMENT
pursuant to the
XETA TECHNOLOGIES, INC.
2004 OMNIBUS STOCK INCENTIVE PLAN
SUMMARY OF STOCK OPTION AWARD
The foregoing Stock Option Award was granted by XETA Technologies, Inc. (the “Company”) on
December 5, 2007 pursuant to its 2004 Omnibus Stock Incentive Plan as amended April 15, 2004 (the “Plan”),
and is subject to all of the terms and conditions set forth in this Stock Option Award Agreement (the
“Agreement”) and the Plan, all of which are deemed incorporated herein in their entirety as one single and fully
TERMS OF AWARD
Capitalized terms used and not otherwise defined herein shall have the meanings assigned to them
in the Plan.
1. Grant of Option . As of the Date of Grant, the Company has granted to the Employee a right
to purchase the Shares at the Exercise Price per share, subject to the terms and provisions of this Agreement and
the Plan, as may be amended from time to time (the “Option”). Except as otherwise provided in Section 6
below, the Option will automatically expire on the Expiration Date. In no event shall the Option or any portion
thereof be exercised or deemed exercisable at any time beyond the Expiration Date.
2. Qualification of Option . The Option is intended to qualify as an Incentive Stock Option as
defined in Section 422 of the Code. However, notwithstanding such designation, to the extent that the aggregate
Fair Market Value of the Shares
designated as Incentive Stock Options which become exercisable for the first time by the Employee during any
calendar year (under the Plan and any other stock option plans of the Company) exceeds $100,000, the Shares
that exceed such limit (according to the order in which they were granted) shall be treated as Non-Qualified
Stock Options for tax purposes.
3. Option Term . The Option shall have a term of six (6) years measured from the Date of Grant