0000782842-03-000003 Sample Contracts

EXCHANGE AGREEMENT
Exchange Agreement • March 28th, 2003 • First Albany Companies Inc • Security brokers, dealers & flotation companies • New York

EXCHANGE AGREEMENT, dated December 20, 2002 (the "Agreement"), by and between FIRST ALBANY COMPANIES INC. , a New York corporation ("FAC"), and MECHANICAL TECHNOLOGY INCORPORATED, a New York corporation ("MTI").

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