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Stock Option Agreement

Stock Option Agreement

Stock Option Agreement | Document Parties: Media & Entertainment Holdings, Inc. | Richard Weden You are currently viewing:
This Stock Option Agreement involves

Media & Entertainment Holdings, Inc. | Richard Weden

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Title: Stock Option Agreement
Date: 5/11/2006

Stock Option Agreement, Parties: media & entertainment holdings  inc. , richard weden
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                                                                   EXHIBIT 10.22

                      Media & Entertainment Holdings, Inc.
                              4429 Edmondson Avenue
                               Dallas, Texas 75205

                                  April 25, 2006


Richard Weden
c/o Media & Entertainment Holdings, Inc.
4429 Edmondson Avenue
Dallas, Texas 75205

Dear Richard:

        Reference is made to that certain Stock Option Agreement, dated August
25, 2005, between Richard Weden and Media & Entertainment Holdings, Inc. (the
"Agreement"). Capitalized terms used but not defined herein shall have the
meanings ascribed thereto in the Agreement.

        This shall confirm that the exercise price of the Option evidenced by
the Agreement is hereby increased from $6.00 per share to $8.00 per share, and
that the vesting schedule is hereby amended as follows: as to the first
one-third of the Option Shares, upon consummation of the Company's initial
business combination, provide


 
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