0000950138-09-000048 Sample Contracts

FORM OF INCENTIVE STOCK OPTION AGREEMENT UNDER THE ORCHIDS PAPER PRODUCTS COMPANY STOCK INCENTIVE PLAN
Incentive Stock Option Agreement • January 26th, 2009 • Orchids Paper Products CO /DE • Paper mills • Oklahoma

WHEREAS, the Board of Directors of the Company (“Board of Directors”) has adopted the Orchids Paper Products Company Stock Incentive Plan (the “Plan”) pursuant to which options covering shares of the common stock of the Company may be granted to employees of the Company; and

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