0000950137-04-009790 Sample Contracts

STOCK OPTION CANCELLATION AGREEMENT
Stock Option Cancellation Agreement • November 12th, 2004 • Storage Acquisition Company, L.L.C. • Plastics products, nec • Delaware

This STOCK OPTION CANCELLATION AGREEMENT is entered into as of the date appearing on the signature page hereof by and among Home Products International, Inc., a Delaware corporation (the “Company”), Storage Acquisition Company, L.L.C., a Delaware limited liability company (“Purchaser”), and the individual who is signing this Agreement as “Optionee” (the “Optionee”).

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August 20, 2004
Storage Acquisition Company, L.L.C. • November 12th, 2004 • Plastics products, nec

Reference is hereby made to that certain confidentiality agreement (the “Confidentiality Agreement”) dated as of April 29, 2004 between Triyar Capital, LLC (“Triyar”) and Mesirow Financial, Inc. on behalf of Home Products International, Inc. (the “Company”), in connection with Triyar’s evaluation of a Possible Transaction (as defined in the Confidentiality Agreement) with the Company.

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