FORM OF [NON-QUALIFIED] [INCENTIVE] STOCK OPTION AWARD AGREEMENT [Neutral Tandem, Inc. Letterhead]Option Award Agreement • March 5th, 2008 • Neutral Tandem Inc • Telephone communications (no radiotelephone) • Delaware
Neutral Tandem, Inc. (the “Company”) is pleased to advise you that, pursuant to the Company’s 2007 Long-Term Equity Incentive Plan (the “Plan”), the Committee has granted to you an option (the “Option”) to acquire shares of Common Stock, as set forth below, subject to the terms and conditions set forth herein:
