0000782842-06-000038 Sample Contracts

Form of Retention Agreement] RETENTION AGREEMENT

Retention Agreement • August 4th, 2006 • First Albany Companies Inc • Security brokers, dealers & flotation companies • New York

• Contract Type
  Retention Agreement
• Filed
  August 4th, 2006
• Company
  First Albany Companies Inc
• Industry
  Security brokers, dealers & flotation companies
• Jurisdiction
  New York

WHEREAS, the parties wish to set forth the terms under which Employee will be eligible to receive a retention bonus (the “Retention Bonus”) from First Albany.

Form of Restricted Stock Agreement] RESTRICTED SHARE AWARD AGREEMENT pursuant to the FIRST ALBANY COMPANIES INC.

Restricted Share Award Agreement • August 4th, 2006 • First Albany Companies Inc • Security brokers, dealers & flotation companies • New York

• Contract Type
  Restricted Share Award Agreement
• Filed
  August 4th, 2006
• Company
  First Albany Companies Inc
• Industry
  Security brokers, dealers & flotation companies
• Jurisdiction
  New York

THIS AWARD AGREEMENT (this “Agreement”), dated as of the Grant Date specified above, is entered into by and between First Albany Companies Inc., a New York corporation (the “Company”), and the Participant specified above, pursuant to the First Albany Companies Inc., 2003 Non-Employee Directors Stock Plan, as in effect and as amended from time to time (the “Plan”);