X0303 4 2008-09-14 0 0000896400 MULTIMEDIA GAMES INC MGAM 0001445225 RAMSEY PATRICK J. C/O MULTIMEDIA GAMES, INC. 206 WILD BASIN ROAD, BLDG. B, SUITE 400 AUSTIN TX 78746 0 1 0 0 Chief Operating Officer Employee Stock Option (right to buy) 4.45 2008-09-14 4 A 0 300000 0 A 2008-09-14 2015-09-13 Common Stock 300000 300000 D The option is issued pursuant to the Issuer's 2008 Employment Inducement Award Plan. The option is immediately exercisable, but the option shares are initially unvested and will vest over four years. One-fourth (1/4) of the option will vest on September 14, 2009 and the remaining portion of the option will vest one-sixteenth (1/16) quarterly until fully vested. /s/ Velissa Kellicut, Attorney-in-Fact for Patrick Ramsey 2008-09-16