Advanced Communications Technologies, Inc. Grant of Stock under 2005 Stock Plan to Grantee

Summary

Advanced Communications Technologies, Inc. is granting 75,000,000 shares of its common stock to a grantee under its 2005 Stock Plan. The shares are issued for no payment, in recognition of the grantee's past service as a director. The grant is not subject to restrictions or a holding period, but is governed by the terms of the 2005 Stock Plan. The grantee must sign and return the letter to accept the grant.

EX-10.1 2 v021096_ex10-1.txt Exhibit 10.1 ADVANCED COMMUNICATIONS TECHNOLOGIES, INC. 420 Lexington Avenue New York, New York 10170 June 29, 2005 [Name of Grantee] [Address of Grantee] Re: Grant of Stock under Advanced Communications Technologies, Inc. 2005 Stock Plan Dear _________: This letter is notify you of your grant of 75,000,000 shares of common stock, no par value (the "Grant"), of Advanced Communications Technologies, Inc. (the "Company") as of the date hereof under the Company's 2005 Stock Plan (the "Plan"). All capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Plan. The Grant is made pursuant to Section 7 of the Plan by the Board. The Board has determined that the Grant shall be issued to you for no consideration (other than your past service as a director of the Company) and shall not be subject to any restrictions or a Restriction Period as permitted under Section 7(a) of the Plan. The Grant will be subject to the terms and conditions set forth in the Plan. Please acknowledge your acceptance of the Grant as described above by signing on the line indicated below and returning the original to me. Thank you. Very truly yours, Wayne I. Danson Chief Executive Officer, President and Chief Financial Officer ACCEPTED AND AGREED TO this ____ day of ____, 2005 - ---------------------- [Name of Grantee]