0000950123-09-037794 Sample Contracts

FORM NON-QUALIFIED EMPLOYEE STOCK OPTION AGREEMENT LAKES ENTERTAINMENT, INC. NON-QUALIFIED STOCK OPTION AGREEMENT
Non-Qualified Stock Option Agreement • August 25th, 2009 • Lakes Entertainment Inc • Services-miscellaneous amusement & recreation • Minnesota

THIS NON-QUALIFIED STOCK OPTION AGREEMENT (“Agreement”) is entered into as of the date set forth below by and between (Name) (“Participant”) and Lakes Entertainment, Inc., a Minnesota corporation, having a place of business at 130 Cheshire Lane, Minneapolis, Minnesota, 55305 (the “Company”).

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FORM DIRECTOR STOCK OPTION AGREEMENT OPTION AGREEMENT
Option Agreement • August 25th, 2009 • Lakes Entertainment Inc • Services-miscellaneous amusement & recreation • Minnesota

THIS OPTION AGREEMENT (“Agreement”) made effective as of (Date), between Lakes Entertainment, Inc., a Minnesota corporation (the “Company”), and (Name) (“Director”).

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