0000899733-03-000072 Sample Contracts

UQM TECHNOLOGIES, INC. INCENTIVE STOCK OPTION AGREEMENT
Incentive Stock Option Agreement • May 28th, 2003 • Uqm Technologies Inc • Electronic components, nec • Colorado

THIS AGREEMENT made as of this 21st day of February, 2003, between UQM TECHNOLOGIES, INC., a Colorado corporation (together with its Affiliated Corporations, except where the context requires otherwise, the "Company"), and William G. Rankin (the "Option Holder").

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UQM TECHNOLOGIES, INC. NON-QUALIFIED STOCK OPTION AGREEMENT
Non-Qualified Stock Option Agreement • May 28th, 2003 • Uqm Technologies Inc • Electronic components, nec • Colorado

THIS AGREEMENT made as of this 21st day of February, 2003, between UQM TECHNOLOGIES, INC., a Colorado corporation (together with its Affiliated Corporations, except where the context requires otherwise, the "Company"), and Donald A. French (the "Option Holder").

UQM TECHNOLOGIES, INC. EMPLOYMENT AGREEMENT
Employment Agreement • May 28th, 2003 • Uqm Technologies Inc • Electronic components, nec • Colorado

THIS AGREEMENT is made and entered into as of January 1, 2003, by and between UQM TECHNOLOGIES, INC. f/k/a UNIQUE MOBILITY, INC., a corporation organized under the laws of Colorado ("Employer"), and Donald A. French, an adult resident of Aurora, Colorado ("Executive").

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