0000741556-07-000031 Sample Contracts

TECHNOLOGY RESEARCH CORPORATION INCENTIVE STOCK OPTION AGREEMENT
Technology Research Corporation • June 29th, 2007 • Technology Research Corp • Switchgear & switchboard apparatus

This OPTION AGREEMENT is made this ____ day of _________, ____, between TECHNOLOGY RESEARCH CORPORATION, a Florida corporation, hereinafter referred to as the "Corporation" and _______________________, an employee of the Corporation, hereinafter referred to as "Employee."

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TECHNOLOGY RESEARCH CORPORATION NON-QUALIFIED STOCK OPTION AGREEMENT
Technology Research Corporation • June 29th, 2007 • Technology Research Corp • Switchgear & switchboard apparatus

This OPTION AGREEMENT is made this ____ day of _________, ____, between TECHNOLOGY RESEARCH CORPORATION, a Florida corporation, hereinafter referred to as the "Corporation" and __________________, a Director of the Corporation, hereinafter referred to as "Director."

TECHNOLOGY RESEARCH CORPORATION INDIVIDUAL DIRECTOR INDEMNIFICATION AGREEMENT
Individual Director Indemnification Agreement • June 29th, 2007 • Technology Research Corp • Switchgear & switchboard apparatus • Florida

This Indemnification Agreement (this “Agreement”), made and entered into as of June 1, 2005, by and between TECHNOLOGY RESEARCH CORPORATION, a Florida corporation (the “Company”), and _______________________, in his capacity as an independent member of the Company’s Board of Directors (the “Indemnitee”).

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