0000950123-07-013104 Sample Contracts

FIRST ALBANY COMPANIES INC.

Incentive Compensation Plan Restricted Stock Units Agreement • September 27th, 2007 • First Albany Companies Inc • Security brokers, dealers & flotation companies • New York

• Contract Type
  Incentive Compensation Plan Restricted Stock Units Agreement
• Filed
  September 27th, 2007
• Company
  First Albany Companies Inc
• Industry
  Security brokers, dealers & flotation companies
• Jurisdiction
  New York

THIS RESTRICTED STOCK UNITS AGREEMENT (the “Agreement”) confirms the grant on September 21, 2007 (the “Grant Date”) by First Albany Companies Inc., a New York corporation (the “Company”), to [insert name of employee] (“Employee”) of Restricted Stock Units (the “Units”), including rights to Dividend Equivalents as specified herein, as follows:

CO-INVESTOR JOINDER AGREEMENT

Investor Joinder Agreement • September 27th, 2007 • First Albany Companies Inc • Security brokers, dealers & flotation companies • New York

• Contract Type
  Investor Joinder Agreement
• Filed
  September 27th, 2007
• Company
  First Albany Companies Inc
• Industry
  Security brokers, dealers & flotation companies
• Jurisdiction
  New York

THIS CO-INVESTOR JOINDER AGREEMENT (“Co-Investor Joinder Agreement”), dated as of September 21, 2007, by and among FIRST ALBANY COMPANIES INC., a New York corporation (the “Company”), MATLINPATTERSON FA ACQUISITION LLC, a Delaware limited liability company (the “Investor”), and ROBERT M. TIRSCHWELL (the “Co-Investor”).

EMPLOYMENT AGREEMENT

Employment Agreement • September 27th, 2007 • First Albany Companies Inc • Security brokers, dealers & flotation companies • New York

• Contract Type
  Employment Agreement
• Filed
  September 27th, 2007
• Company
  First Albany Companies Inc
• Industry
  Security brokers, dealers & flotation companies
• Jurisdiction
  New York

THIS EMPLOYMENT AGREEMENT (the “Agreement”) is made as of the Effective Date, by and between FIRST ALBANY COMPANIES INC., a New York corporation (“Company”) and LEE FENSTERSTOCK (“Executive”).

REGISTRATION RIGHTS AGREEMENT dated as of September 21, 2007 between FIRST ALBANY COMPANIES INC. and MATLINPATTERSON FA ACQUISITION LLC

Registration Rights Agreement • September 27th, 2007 • First Albany Companies Inc • Security brokers, dealers & flotation companies • New York

• Contract Type
  Registration Rights Agreement
• Filed
  September 27th, 2007
• Company
  First Albany Companies Inc
• Industry
  Security brokers, dealers & flotation companies
• Jurisdiction
  New York

Registration Rights Agreement (this “Agreement”) dated as of September 21, 2007 by and among FIRST ALBANY COMPANIES INC., a New York corporation (the “Company”), MATLINPATTERSON FA ACQUISITION LLC, a Delaware limited liability company (the “Principal Investor”), and the other Persons who have executed this Agreement as “Other Investors” (the “Other Investors” and, together with the Principal Investor, the “Investors”).