SPOUSAL Clause Samples

SPOUSAL. ACKNOWLEDGMENT The undersigned spouse of Optionee has read and hereby approves the foregoing Stock Purchase Agreement. In consideration of the Corporation's granting Optionee the right to acquire the Purchased Shares in accordance with the terms of such Agreement, the undersigned hereby agrees to be irrevocably bound by all the terms of such Agreement, including (without limitation) the right of the Corporation (or its assigns) to purchase any Purchased Shares in which Optionee is not vested at time of his or her cessation of Service. ------------------------------- OPTIONEE'S SPOUSE Address: ------------------------------- ------------------------------- EXHIBIT I ASSIGNMENT SEPARATE FROM CERTIFICATE FOR VALUE RECEIVED ____________ hereby sell(s), assign(s) and transfer(s) unto Newport Communications, Inc. (the "Corporation"), _______________ (_________) shares of the Common Stock of the Corporation standing in his or her name on the books of the Corporation represented by Certificate No. ________________ herewith and do(es) hereby irrevocably constitute and appoint _____________________ Attorney to transfer the said stock on the books of the Corporation with full power of substitution in the premises. Dated: ____________________ Signature -------------------------------

SPOUSAL. ACKNOWLEDGMENT The undersigned spouse of the Participant has read and hereby approves the foregoing Stock Issuance Agreement. In consideration of the Corporation's granting the Participant the right to acquire the Purchased Shares in accordance with the terms of such Agreement, the undersigned hereby agrees to be irrevocably bound by all the terms of such Agreement, including (without limitation) the right of the Corporation (or its assigns) to purchase any Purchased Shares in which the Participant is not vested at the time of his or her termination of Service. __________________________________ PARTICIPANT'S SPOUSE ADDRESS: _________________________ _________________________

SPOUSAL. The employee may choose for his or her spouse optional life insurance coverage equal to or lesser than the amount for which the employee is covered under the basic group life insurance program. The premium for such insurance is to be paid wholly by the employee by payroll deduction.

SPOUSAL. ACKNOWLEDGMENT The undersigned spouse of the Participant has read and hereby approves the foregoing Stock Issuance Agreement. In consideration of the Corporation's granting the Participant the right to acquire the Purchased Shares in accordance with the terms of such Agreement, the undersigned hereby agrees to be irrevocably bound by all the terms of such Agreement, including (without limitation) the right of the Corporation (or its assigns) to purchase any Purchased Shares in which the Participant is not vested at the time of his or her termination of Service.

SPOUSAL. ACKNOWLEDGMENT EXHIBIT I ASSIGNMENT SEPARATE FROM CERTIFICATE EXHIBIT II SECTION 83(b) TAX ELECTION

SPOUSAL. You may make spousal Traditional IRA contributions for a year, if: 1) your spouse has compensation that is includible in gross income for such year; 2) you have less compensation than your spouse for such year; and 3) you file a joint federal income tax return for such year.

SPOUSAL. To be eligible for spousal coverage, (1) both teacher and spouse must be employed full- time in the District, (2) the teacher must elect Employee-plus-One or Family coverage and (3) the teacher’s spouse must not elect any other coverage. For the purposes of this Section, “spouse” is defined by state law.

SPOUSAL. ACKNOWLEDGMENT APPENDIX

SPOUSAL a) If you have a spouse when you retire, the Pension Benefits Act states that your pension must be paid on a joint and survivor basis with at least 60% of the pension payable to you continuing to your spouse after your death, should your spouse survive you. b) Under the Retirement Plan the normal form of pension fund distribution if you have a spouse at pension commencement is 61.1% joint and survivor pension. The retiree will collect 90% of his/her pension (or the actuarial equivalent of a life only pension, if greater) until death and then their spouse will collect 61.1% of the pension until death. c) If you have a spouse but wish to select a form other than the Joint and 60% Survivor form then you and your spouse must sign a Spousal Waiver form.