0000950134-06-014055 Sample Contracts

LANDEC CORPORATION 2005 STOCK INCENTIVE PLAN STOCK UNIT AGREEMENT
Stock Unit Agreement • July 27th, 2006 • Landec Corp \Ca\ • Plastic materials, synth resins & nonvulcan elastomers • California

This Stock Unit Agreement (the “Agreement”) is made and entered into as of ___, 20___ by and between Landec Corporation, a California corporation (the “Company”), and ___ pursuant to the Landec Corporation 2005 Stock Incentive Plan (the “Plan”). To the extent any capitalized terms used in this Agreement are not defined, they shall have the meaning ascribed to them in the Plan, which is attached to, and made a part of, this Agreement. In the event of a conflict between the terms and provisions of the Plan and the terms and provisions of this Agreement, the Plan terms and provisions shall prevail.

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LICENSE AND RESEARCH AND DEVELOPMENT AGREEMENT
License and Research and Development Agreement • July 27th, 2006 • Landec Corp \Ca\ • Plastic materials, synth resins & nonvulcan elastomers • New York

This License and Research and Development Agreement (this “Agreement”) is entered into as of March 14, 2006 (the “Effective Date”), by and between LANDEC CORPORATION, a California corporation (together with its Affiliates referred to herein as “Landec”), and AIR PRODUCTS AND CHEMICALS, INC., an entity organized and existing under the laws of Delaware (together with its Affiliates referred to herein as “APD”). APD and Landec are sometimes referred to herein individually as a “Party” and collectively as the “Parties.”

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