0000950156-09-000111 Sample Contracts

IGI LABORATORIES, INC. NON-QUALIFIED STOCK OPTION AWARD AGREEMENT

Non-Qualified Stock Option Award Agreement • June 30th, 2009 • Igi Inc • Biological products, (no disgnostic substances) • Delaware

• Contract Type
  Non-Qualified Stock Option Award Agreement
• Filed
  June 30th, 2009
• Company
  Igi Inc
• Industry
  Biological products, (no disgnostic substances)
• Jurisdiction
  Delaware

THIS NON-QUALIFIED STOCK OPTION AWARD AGREEMENT (this “Agreement”) is made as of June 29, 2009 (the “Effective Date”), between IGI Laboratories, Inc. (the “Company”) and Hemanshu Pandya (the “Optionee”).

IGI LABORATORIES, INC. FORM OF AWARD AGREEMENT FOR RESTRICTED SHARES

Award Agreement for Restricted Shares • June 30th, 2009 • Igi Inc • Biological products, (no disgnostic substances) • Delaware

• Contract Type
  Award Agreement for Restricted Shares
• Filed
  June 30th, 2009
• Company
  Igi Inc
• Industry
  Biological products, (no disgnostic substances)
• Jurisdiction
  Delaware

THIS AWARD AGREEMENT FOR RESTRICTED SHARES (this “Agreement”) is made as of ___________, 2009 (the “Effective Date”), between IGI Laboratories, Inc. (the “Company”) and Hemanshu Pandya (the “Grantee”).

NON-QUALIFIED STOCK OPTION AWARD AGREEMENT

Non-Qualified Stock Option Award Agreement • June 30th, 2009 • Igi Inc • Biological products, (no disgnostic substances) • Delaware

• Contract Type
  Non-Qualified Stock Option Award Agreement
• Filed
  June 30th, 2009
• Company
  Igi Inc
• Industry
  Biological products, (no disgnostic substances)
• Jurisdiction
  Delaware

THIS NON-QUALIFIED STOCK OPTION AWARD AGREEMENT (this “Agreement”) is made as of June 1, 2009 (the “Effective Date”), between IGI Laboratories, Inc. (the “Company”) and Bijoy K. Singh (the “Optionee”).