0001015402-03-002016 Sample Contracts

URECOATS INDUSTRIES INC. a Delaware corporation RESTRICTED STOCK OPTION AGREEMENT
Restricted Stock Option Agreement • May 15th, 2003 • Urecoats Industries Inc • Patent owners & lessors

THIS OPTION AGREEMENT ("Agreement") is made as of the date set forth above between Urecoats Industries Inc., a Delaware corporation (the "Company"), and John G. Barbar (the "Optionee"). The option granted by this Agreement is designated a "Restricted Option":

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URECOATS INDUSTRIES INC. a Delaware corporation RESTRICTED STOCK OPTION AGREEMENT
Option Agreement • May 15th, 2003 • Urecoats Industries Inc • Patent owners & lessors

THIS OPTION AGREEMENT ("Agreement") is made as of the date set forth above between Urecoats Industries Inc., a Delaware corporation (the "Company"), and Ronald E. Clark (the "Optionee"). The option granted by this Agreement is designated a "Restricted Option":

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URECOATS INDUSTRIES INC. a Delaware corporation SERIES C PREFERRED STOCK OPTION AGREEMENT
Option Agreement • May 15th, 2003 • Urecoats Industries Inc • Patent owners & lessors

THIS OPTION AGREEMENT ("Agreement") is made as of the date set forth above between Urecoats Industries Inc., a Delaware corporation (the "Company"), and the optionee named above (the "Optionee"). The option granted by this Agreement is designated a "Series C Preferred Option" granted hereby:

Sample 1
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