Award No. 1 Attachment I ------------ HQ SUSTAINABLE MARITIME INDUSTRIES, INC. 2004 STOCK OPTION PLAN OPTION AGREEMENT (INCENTIVE AND NON-QUALIFIED STOCK OPTIONS) ------------------------------------------- Pursuant to your Option Grant Notice ("Grant...Option Agreement • December 3rd, 2004 • Hq Sustainable Maritime Industries, Inc. • Fishing, hunting and trapping
Attachment III -------------- HQ SUSTAINABLE MARITIME INDUSTRIES, INC. 2004 STOCK OPTION PLAN EXERCISE AGREEMENT ------------------ The Committee for the HQ Sustainable Maritime Industries, Inc. 2004 Stock Option Plan Attn: ___________________________...Exercise Agreement • December 3rd, 2004 • Hq Sustainable Maritime Industries, Inc. • Fishing, hunting and trapping
By this exercise, I agree (i) to provide such additional documents as you may require pursuant to the terms of the HQ Sustainable Maritime Industries, Inc. 2004 Stock Option Plan, (ii) to provide for the payment by me to you (in the manner designated by you) of your withholding obligation, if any, relating to the exercise of this Option, and (iii) if this exercise relates to an ISO, to notify you in writing within fifteen (15) days after the date of any disposition of any of the Shares issued upon exercise of this Option that occurs within two (2) years after the Date of Grant of this Option or within one (1) year after such Shares are issued upon exercise of this Option. Defined terms not explicitly defined in this Exercise Agreement but defined in the Plan shall have the same definitions as in the Plan.
