TurboChef Technologies, Inc. Stock Option Modification Agreement with Executive Officers
TurboChef Technologies, Inc. entered into Stock Option Modification Agreements with several of its executive officers, including Richard E. Perlman, James K. Price, J. Miguel Fernandez, de Castro, James A. Cochran, Paul P. Lehr, and Stephen J. Beshara. The agreement modifies the terms of previously granted stock options, specifying the original grant dates, prices, and number of options for each officer. The purpose is to amend the terms of these stock options as disclosed in the company's 2007 Annual Report.
Schedule to Exhibit 10.22
Stock Option Modification Agreement
The following executive officers named in this Annual Report on Form 10-K for the year ended December 31, 2007 were parties to a Stock Option Modification Agreement with TurboChef Technologies, Inc., the form of which was filed with the SEC and is listed as Exhibit 10.22 to this Report:
| Officer | Date of Grant | Original Grant Price | # of Options |
| Richard E. Perlman | 10/29/03 | $5.25 | 416,666 |
| James K. Price | 10/29/03 | $5.25 | 416,666 |
| J. Miguel Fernandez | 4/19/04 | $9.66 | 33,333 |
| de Castro | 5/3/05 | $10.35 | 15,000 |
| James A. Cochran | 10/29/03 | $5.25 | 133,333 |
|
| 5/3/05 | $10.35 | 15,000 |
| Paul P. Lehr | 10/29/03 | $5.25 | 116,666 |
|
| 5/25/04 | $10.20 | 16,666 |
|
| 5/3/05 | $10.35 | 40,000 |
| Stephen J. Beshara | 11/21/03 | $7.92 | 133,333 |
|
| 5/3/05 | $10.35 | 40,000 |
