0000940397-06-000002 Sample Contracts

SYPRIS SOLUTIONS, INC. AMENDMENT TO STOCK OPTION AGREEMENTS TO ACCELERATE VESTING PERIODS FOR CERTAIN “UNDERWATER” OPTIONS
Stock Option Agreement • January 6th, 2006 • Sypris Solutions Inc • Industrial instruments for measurement, display, and control

THIS AMENDMENT (“Amendment”) to your Stock Option Agreements is made by and between Sypris Solutions, Inc. a Delaware corporation located at 101 Bullitt Lane, Suite 450, Louisville, KY (“Company”) and the undersigned Optionee, effective as of December 31, 2005.

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