0000950134-04-006709 Sample Contracts

DATAKEY, INC. NONQUALIFIED STOCK OPTION AGREEMENT
Nonqualified Stock Option Agreement • May 6th, 2004 • Datakey Inc • Miscellaneous electrical machinery, equipment & supplies

THIS AGREEMENT, made effective as of this 23rd day of February 2004, by and between DATAKEY, INC., a Minnesota corporation (the “Company”), and TIMOTHY L. RUSSELL (“Optionee”).

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LEASE EXTENSION AND SPACE REDUCTION AGREEMENT
Lease Extension and Space Reduction Agreement • May 6th, 2004 • Datakey Inc • Miscellaneous electrical machinery, equipment & supplies

THIS LEASE EXTENSION AND SPACE REDUCTION AGREEMENT, made and entered into this 5th day of April, 2004, by and between Kraus-Anderson, Incorporated, a Minnesota corporation (hereinafter referred to as “Landlord”), and Datakey, Inc., a Minnesota corporation (hereinafter referred to as “Tenant”);

EMPLOYMENT AGREEMENT
Employment Agreement • May 6th, 2004 • Datakey Inc • Miscellaneous electrical machinery, equipment & supplies • Minnesota

This Employment Agreement made and entered into effective as of May 1, 2003, by and between Datakey, Inc., a Minnesota corporation (the “Company” or “Datakey”), and Timothy L. Russell (“Executive”).

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