0000950137-09-003910 Sample Contracts

ATS MEDICAL, INC. INCENTIVE STOCK OPTION AGREEMENT
Incentive Stock Option Agreement • May 13th, 2009 • Ats Medical Inc • Orthopedic, prosthetic & surgical appliances & supplies • Minnesota

ATS Medical, Inc. (the “Company”) has adopted the ATS Medical, Inc. 2000 Stock Incentive Plan (the “Plan”) which permits the issuance of stock options for the purchase of shares of common stock, $.01 par value, of the Company (the “Common Stock”), and the Company has taken all necessary actions to grant this Option to you (the “Optionee”) pursuant and subject to the terms of the Plan, as follows:

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ATS MEDICAL, INC. NON-QUALIFIED STOCK OPTION AGREEMENT
Non-Qualified Stock Option Agreement • May 13th, 2009 • Ats Medical Inc • Orthopedic, prosthetic & surgical appliances & supplies • Minnesota

ATS Medical, Inc. (the “Company”) has adopted the ATS Medical, Inc. 2000 Stock Incentive Plan (the “Plan”) which permits the issuance of stock options for the purchase of shares of common stock, $.01 par value, of the Company (the “Common Stock”), and the Company has taken all necessary actions to grant this Option to you (the “Optionee”) pursuant and subject to the terms of the Plan, as follows:

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