Exhibit 10.10 2004 Non-Employee Director Stock Option Plan CERTIFICATE OF STOCK OPTION GRANT Granted to: This stock option was granted to you on __________ __, 200__ by your company. the stock option price is the FMV on the date of grant, which was $____________________. Social Security Number: Option to Purchase: Type of Stock Option: Grant Number: Grant Date: Grant Expiration Date: Grant Price: Vesting Schedule Vesting Start Date: __________ __, 200__ Shares Vesting Over Vesting in Date of Vest the Period Period Occurs Last Date to Exercise Authorized by: deltathree Deltathree, Inc. Option Agreement We are pleased to inform you that you have been granted an option to purchase Deltathree common stock. Your grant has been made under the Company's 2004 Non-Employee Director Stock Option Plan (the "Plan"), which together with the terms contained in the Certificate of Stock Option Grant available from the AST Stockplan website (the "Certificate"), sets forth the terms and conditions of your grant and is incorporated herein by reference. You can find a copy of the Plan in the "Guide to Deltathree's Stock Incentive Plan". Please review it carefully. Vesting: Subject to the terms of the Plan, shares vest according to the vesting schedule on the Certificate. Exercise: You may exercise this Option, in whole or in part, to purchase a whole number of vested shares at any time, by following the exercise procedures set up by the company, and are available on the AST Stockplan website. All exercises must take place by the Last Date to Exercise, or such earlier date as is set out in the Plan following your death or disability. The number of shares you may purchase as of any date cannot exceed the total number of shares vested by that date, less any shares you have previously acquired by exercising this Option. All options shall not be assignable or transferable by the person to whom it is granted, either voluntarily or by operation of law, except by will or by the laws of descent and distribution, and, during the life of the optionee, shall be exercisable only by the optionee. Taxes and Withholding: This option is intended to be a Non-Qualified Stock Option. In the event that the Company determines that any federal, state, local or foreign tax or withholding payment is required relating to the exercise or sale of shares arising from this grant, the Company shall have the right to require such payments from you, or withhold such amounts from other payments due to you from the Company. 2