0000912057-01-508811 Sample Contracts

Agreement
Stock Option Agreement • April 16th, 2001 • Schmitt Industries Inc • Industrial instruments for measurement, display, and control

As David Case was issued 192,500 common stock shares of Schmitt Industries Common Stock on January 5, 1999 by way of an exercise of an existing Non-qualified Stock Option and,

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Agreement
Termination Agreement • April 16th, 2001 • Schmitt Industries Inc • Industrial instruments for measurement, display, and control

As Wayne Case was issued 293,250 common stock shares of Schmitt Industries Common Stock on December 16, 1998 by way of an exercise of an existing Non-qualified Stock Option and,

STOCK PURCHASE AGREEMENT
Stock Purchase Agreement • April 16th, 2001 • Schmitt Industries Inc • Industrial instruments for measurement, display, and control • Oregon

THIS STOCK PURCHASE AGREEMENT (the "Agreement") dated December 31, 2000, is by and between Schmitt Industries, Inc. ("Buyer") and Hortex Anstalt ("Seller").

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