0000065201-08-000026 Sample Contracts

MET-PRO CORPORATION STANDARD FORM FOR THE INCENTIVE STOCK OPTION AGREEMENT
Incentive Stock Option Agreement • April 11th, 2008 • Met Pro Corp • Industrial & commercial fans & blowers & air purifing equip • Pennsylvania

INCENTIVE STOCK OPTION AGREEMENT made as of the 10th day of December, 2007, between MET-PRO CORPORATION, a Pennsylvania corporation (the “Company”), and _______________, an employee of the Company (“Optionee”).

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MET-PRO CORPORATION STANDARD FORM FOR THE NON-EMPLOYEE DIRECTOR STOCK OPTION AGREEMENT
Non-Employee Director Stock Option Agreement • April 11th, 2008 • Met Pro Corp • Industrial & commercial fans & blowers & air purifing equip • Pennsylvania

NON-EMPLOYEE DIRECTOR STOCK OPTION AGREEMENT made as of the 10th day of December, 2007, between MET-PRO CORPORATION, a Pennsylvania corporation (the “Company”), and _____________________, a non-employee Director of the Company (“Optionee”).

MET-PRO CORPORATION AMENDED AND RESTATED KEY EMPLOYEE SEVERANCE PAY AGREEMENT
Key Employee Severance Pay Agreement • April 11th, 2008 • Met Pro Corp • Industrial & commercial fans & blowers & air purifing equip • Pennsylvania

This Amended and Restated Key Employee Severance Pay Agreement (this “Agreement”) is made as of this 3rd day of April, 2008 between MET-PRO CORPORATION, a Pennsylvania corporation with principal offices at 160 Cassell Road, Harleysville, Pennsylvania (the “Corporation”), and GARY J. MORGAN, of 109 Arrow Lane, Harleysville, PA 19438 (the “Employee”).

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