0001003297-14-000324 Sample Contracts

Mechanical Technology, Incorporated 2014 Equity Incentive Plan Stock Option Grant Agreement
Stock Option Grant Agreement • June 24th, 2014 • Mechanical Technology Inc • Measuring & controlling devices, nec • New York

This Stock Option Grant Agreement (the “Agreement”) is entered into on [INSERT DATE], by and between Mechanical Technology, Incorporated, a New York corporation (the “Company”), and [INSERT OPTIONEE NAME] (the “Optionee”), effective as of [INSERT GRANT DATE] (the “Grant Date”).

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Mechanical Technology, Incorporated 2014 Equity Incentive Plan Incentive Stock Option Grant Agreement
Incentive Stock Option Grant Agreement • June 24th, 2014 • Mechanical Technology Inc • Measuring & controlling devices, nec • New York

This Incentive Stock Option Grant Agreement (the “Agreement”) is entered into on [INSERT DATE], by and between Mechanical Technology, Incorporated, a New York corporation (the “Company”), and [INSERT OPTIONEE NAME] (the “Optionee”), effective as of [INSERT GRANT DATE] (the “Grant Date”).

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MECHANICAL TECHNOLOGY, INCORPORATED RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • June 24th, 2014 • Mechanical Technology Inc • Measuring & controlling devices, nec • New York

THIS RESTRICTED STOCK AGREEMENT (this “Agreement”) is made effective as of the Date of Grant by and between Mechanical Technology, Incorporated, a New York corporation (the “Company”), and the above-listed participant (“Participant”).

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