0000898430-03-001868 Sample Contracts

EMPLOYMENT AGREEMENT James K. Mitchell April 1, 1993 As Extended and Amended January 1, 2003
Employment Agreement • March 11th, 2003 • Detwiler Mitchell & Co • Finance services • California

NOW THEREFORE, in consideration of the above recitals and of the mutual promises and conditions in this Agreement, it is agreed as follows:

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DETWILER, MITCHELL & CO. STOCK OPTION AGREEMENT
Stock Option Agreement • March 11th, 2003 • Detwiler Mitchell & Co • Finance services • Delaware

This certifies that, for value received, James K. Mitchell (“Option Holder”) shall have the right set forth herein (the “Option”), subject to the terms and conditions set forth below, to purchase from DETWILER, MITCHELL & CO. (“DMC”), in whole or in part that number of fully paid and nonassessable shares (the “Shares”) of Common Stock of DMC set forth in Section I below and at a purchase price per share (the “Exercise Price”) set forth in Section I below. The number, character and Exercise Price of such Shares are subject to adjustment as provided in Section II(11) below and all references to “Shares” and “Exercise Price” herein shall be deemed to include any such adjustment or series of adjustments.

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