0001104659-04-007419 Sample Contracts

DIRECT REPORTS AGREEMENT

Direct Reports Agreement • March 15th, 2004 • Fargo Electronics Inc • Services-computer programming services • Minnesota

• Contract Type
  Direct Reports Agreement
• Filed
  March 15th, 2004
• Company
  Fargo Electronics Inc
• Industry
  Services-computer programming services
• Jurisdiction
  Minnesota

This Agreement (this “Agreement”), effective as of December 15, 2003, is between Fargo Electronics, Inc., a Delaware corporation located at 6533 Flying Cloud Drive, Eden Prairie, Minnesota 55344 (“Fargo”) and Paul W.B. Stephenson, an individual residing at (the ”Executive”).

NON-STATUTORY STOCK OPTION AGREEMENT

Non-Statutory Stock Option Agreement • March 15th, 2004 • Fargo Electronics Inc • Services-computer programming services • Minnesota

• Contract Type
  Non-Statutory Stock Option Agreement
• Filed
  March 15th, 2004
• Company
  Fargo Electronics Inc
• Industry
  Services-computer programming services
• Jurisdiction
  Minnesota

THIS AGREEMENT is entered into and effective as of this day of , (the “Date of Grant”), by and between Fargo Electronics, Inc. (the “Company”) and (the “Optionee”).