INCENTIVE STOCK OPTION AGREEMENT UNDER THE PLUG POWER INC. 2011 STOCK OPTION AND INCENTIVE PLANIncentive Stock Option Agreement • August 11th, 2011 • Plug Power Inc • Electrical industrial apparatus
Pursuant to the Plug Power Inc. 2011 Stock Option and Incentive Plan as amended through the date hereof (the “Plan”), Plug Power Inc. (the “Company”) hereby grants to the Optionee named above an option (the “Stock Option”) to purchase on or prior to the Expiration Date specified above all or part of the number of shares of Common Stock, par value $.01 per share (the “Stock”), of the Company specified above at the Option Exercise Price per Share specified above subject to the terms and conditions set forth herein and in the Plan.
LOAN AND SECURITY AGREEMENTLoan and Security Agreement • August 11th, 2011 • Plug Power Inc • Electrical industrial apparatus • Delaware
This LOAN AND SECURITY AGREEMENT (this “Agreement”) dated as of August 9, 2011 (the “Effective Date”) is between (a) SILICON VALLEY BANK, a California corporation (“Bank”), (b) PLUG POWER INC., a Delaware corporation (“Borrower”), and provides the terms on which Bank shall lend to Borrower, and Borrower shall repay Bank. The parties agree as follows:
RESTRICTED STOCK AWARD AGREEMENT UNDER THE plug power inc. 2011 STOCK OPTION AND INCENTIVE PLANRestricted Stock Award Agreement • August 11th, 2011 • Plug Power Inc • Electrical industrial apparatus
Pursuant to the Plug Power Inc. 2011 Stock Option and Incentive Plan (the “Plan”) as amended through the date hereof, Plug Power Inc. (the “Company”) hereby grants a Restricted Stock Award (an “Award”) to the Grantee named above. Upon acceptance of this Award, the Grantee shall receive the number of shares of Common Stock, par value $.01 per share (the “Stock”) of the Company specified above, subject to the restrictions and conditions set forth herein and in the Plan. The Company acknowledges the receipt from the Grantee of consideration with respect to the par value of the Stock in the form of cash, past or future services rendered to the Company by the Grantee or such other form of consideration as is acceptable to the Administrator.
NON-QUALIFIED STOCK OPTION AGREEMENT FOR NON-EMPLOYEE DIRECTORS UNDER the plug power inc. 2011 STOCK OPTION AND INCENTIVE PLANNon-Qualified Stock Option Agreement • August 11th, 2011 • Plug Power Inc • Electrical industrial apparatus
Pursuant to the Plug Power Inc. 2011 Stock Option and Incentive Plan as amended through the date hereof (the “Plan”), Plug Power Inc. (the “Company”) hereby grants to the Optionee named above, who is a Director of the Company but is not an employee of the Company, an option (the “Stock Option”) to purchase on or prior to the Expiration Date specified above all or part of the number of shares of Common Stock, par value $.01 per share (the “Stock”), of the Company specified above at the Option Exercise Price per Share specified above subject to the terms and conditions set forth herein and in the Plan. This Stock Option is not intended to be an “incentive stock option” under Section 422 of the Internal Revenue Code of 1986, as amended.
NON-QUALIFIED STOCK OPTION AGREEMENT FOR COMPANY EMPLOYEES UNDER the plug power inc. 2011 STOCK OPTION AND INCENTIVE PLANNon-Qualified Stock Option Agreement for Company Employees • August 11th, 2011 • Plug Power Inc • Electrical industrial apparatus
Pursuant to the Plug Power Inc. 2011 Stock Option and Incentive Plan as amended through the date hereof (the “Plan”), Plug Power Inc. (the “Company”) hereby grants to the Optionee named above an option (the “Stock Option”) to purchase on or prior to the Expiration Date specified above all or part of the number of shares of Common Stock, par value $.01 per share (the “Stock”) of the Company specified above at the Option Exercise Price per Share specified above subject to the terms and conditions set forth herein and in the Plan. This Stock Option is not intended to be an “incentive stock option” under Section 422 of the Internal Revenue Code of 1986, as amended.
