KREIDO BIOFUELS, INC. Form of Non-Qualified Stock Option AgreementKreido Biofuels, Inc. • January 16th, 2007 • Services-amusement & recreation services • New York
Company FiledJanuary 16th, 2007 Industry JurisdictionThe grant of this stock option is made pursuant to the Kreido Biofuels, Inc. Equity Incentive Plan (the “Plan”). The terms of the Plan are incorporated into this letter and in the case of any conflict between the Plan and this letter, the terms of the Plan shall control.
KREIDO BIOFUELS, INC. Form of Incentive Stock Option AgreementKreido Biofuels, Inc. • January 16th, 2007 • Services-amusement & recreation services • New York
Company FiledJanuary 16th, 2007 Industry JurisdictionThe grant of this stock option is made pursuant to the Kreido Biofuels, Inc. Equity Incentive Plan (the “Plan”). This stock option is intended to qualify as an “incentive stock option” under Section 422 of the Internal Revenue Code of 1986, as amended. The terms of the Plan are incorporated into this letter and in the case of any conflict between the Plan and this letter, the terms of the Plan shall control.