0000950123-11-025230 Sample Contracts

OCEAN POWER TECHNOLOGIES, INC. Restricted Stock Agreement and Recipient’s Acceptance
Restricted Stock Agreement • March 14th, 2011 • Ocean Power Technologies, Inc. • Electric services • Delaware

Ocean Power Technologies, Inc. (the “Company”) has selected you to receive the restricted stock award described above, which is subject to the provisions of the Company’s 2006 Stock Incentive Plan, as amended (the “Plan”), and the terms and conditions contained in this Restricted Stock Agreement.

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