0000921895-11-000087 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • January 14th, 2011 • Falconstor Software Inc • Services-prepackaged software • New York

THIS EMPLOYMENT AGREEMENT (this “Agreement”) is entered into this 11th day of January, 2011 by and between FalconStor Software, Inc., a Delaware corporation (the “Company” or “FalconStor”), and James P. McNiel (the “Employee”), whose address is 18 Central Drive, Glen Head, NY 11545.

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STAND-ALONE STOCK OPTION AGREEMENT
Stand-Alone Stock Option Agreement • January 14th, 2011 • Falconstor Software Inc • Services-prepackaged software • New York

THIS STAND-ALONE STOCK OPTION AGREEMENT (this “Agreement”) dated as of the 11th day of January, 2011 by and between FalconStor Software, Inc., a Delaware corporation (the “Company”), and James P. McNiel (the “Optionee”).

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