0001071840-09-000018 Sample Contracts

June 24, 2009 By Hand Meetesh Patel 4309 Buckskin Wood Drive Ellicott City, MD 21042 Re: Employment Agreement Dear Meetesh:
Stock Option Agreement • June 30th, 2009 • New Energy Technologies, Inc. • Industrial organic chemicals • New York

This letter sets forth the terms and conditions of your continued employment by New Energy Technologies, Inc. (the “Company").

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FORM OF NONSTATUTORY STOCK OPTION AGREEMENT
Form of Nonstatutory Stock Option Agreement • June 30th, 2009 • New Energy Technologies, Inc. • Industrial organic chemicals • Nevada

THIS NONSTATUTORY STOCK OPTION AGREEMENT (“Agreement”) is made and entered into as of June 24, 2009, by and between New Energy Technologies, Inc. a Nevada corporation (the “Company”), and the following officer of the Company (“Optionee”):

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