0001092662-14-000047 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • May 8th, 2014 • Chembio Diagnostics, Inc. • Pharmaceutical preparations • New York

This Employment Agreement (the "Agreement") is entered into as of this 13th day of March 2014 by and between Chembio Diagnostics, Inc., a Nevada corporation (the "Company"), and John Sperzel ("Employee"), to be effective as of March 13, 2014 (the "Effective Date"). Employee and the Company are sometimes referred to individually as a "Party" and collectively as the "Parties."

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CHEMBIO DIAGNOSTICS, INC.
Form of Stock Option Agreement • May 8th, 2014 • Chembio Diagnostics, Inc. • Pharmaceutical preparations • Nevada

Chembio Diagnostics, Inc. (the "Company"), pursuant to its 2008 Stock Incentive Plan (the "Plan"), hereby grants to the Optionee listed below ("Optionee"), an option to purchase the number of shares of the Company's Common Stock set forth below, subject to the terms and conditions of the Plan and this Stock Option Agreement. Unless otherwise defined herein, the terms defined in the Plan shall have the same defined meanings in this Stock Option Agreement.

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