Common Contracts

NON-QUALIFIED STOCK OPTION AGREEMENT FOR COMPANY EMPLOYEES NON-PLAN INDUCEMENT GRANT

Non-Qualified Stock Option Agreement • October 29th, 2013 • Plug Power Inc • Electrical industrial apparatus

• Contract Type
  Non-Qualified Stock Option Agreement
• Filed
  October 29th, 2013
• Company
  Plug Power Inc
• Industry
  Electrical industrial apparatus

Plug Power Inc. (the “Company”) hereby grants to the Optionee named above an option (the “Stock Option”) to purchase on or prior to the Expiration Date specified above all or part of the number of shares of Common Stock, par value $.01 per share (the “Stock”) of the Company specified above at the Option Exercise Price per Share, as an inducement grant made pursuant to Rule 5635(c)(4) of the NASDAQ Listing Rules, subject to the terms and conditions set forth herein and in the Plug Power Inc. 2011 Stock Option and Incentive Plan as amended through the date hereof (the “Plan”). For the avoidance of doubt, this Stock Option is not issued under the Plan and does not reduce the share reserve under the Plan. However, for purposes of interpreting the applicable provisions of this Stock Option, the terms and conditions of the Plan (other than those applicable to the share reserve) shall govern and apply to this Stock Option as if such Stock Option had actually been issued under the Plan. This S

NON-QUALIFIED STOCK OPTION AGREEMENT FOR COMPANY EMPLOYEES UNDER the plug power inc. 2011 STOCK OPTION AND INCENTIVE PLAN

Non-Qualified Stock Option Agreement • August 11th, 2011 • Plug Power Inc • Electrical industrial apparatus

• Contract Type
  Non-Qualified Stock Option Agreement
• Filed
  August 11th, 2011
• Company
  Plug Power Inc
• Industry
  Electrical industrial apparatus

Pursuant to the Plug Power Inc. 2011 Stock Option and Incentive Plan as amended through the date hereof (the “Plan”), Plug Power Inc. (the “Company”) hereby grants to the Optionee named above an option (the “Stock Option”) to purchase on or prior to the Expiration Date specified above all or part of the number of shares of Common Stock, par value $.01 per share (the “Stock”) of the Company specified above at the Option Exercise Price per Share specified above subject to the terms and conditions set forth herein and in the Plan. This Stock Option is not intended to be an “incentive stock option” under Section 422 of the Internal Revenue Code of 1986, as amended.