0001104659-05-011871 Sample Contracts

MEDICALCV, INC. NON-QUALIFIED STOCK OPTION AGREEMENT PURSUANT TO 2001 EQUITY INCENTIVE PLAN
Non-Qualified Stock Option Agreement • March 17th, 2005 • Medicalcv Inc • Orthopedic, prosthetic & surgical appliances & supplies • Minnesota

THIS OPTION AGREEMENT is entered into by and between MedicalCV, Inc., a Minnesota corporation (the “Company”), and Lawrence L. Horsch (the “Optionee”) pursuant to the Company’s 2001 Equity Incentive Plan, as amended to date (the “Plan”). Unless otherwise defined herein, certain capitalized terms shall have the meaning set forth in the Plan.

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MedicalCV, INC. (As Approved by Shareholders December 13, 1997) NON-QUALIFIED STOCK OPTION AGREEMENT
Stock Option Plan • March 17th, 2005 • Medicalcv Inc • Orthopedic, prosthetic & surgical appliances & supplies

WHEREAS, the Company has established and maintains the MedicalCV, Inc. 1997 Stock Option Plan (the “Plan”), which is incorporated into and forms a part of this Agreement.

MEDICALCV, INC. STOCK OPTION AGREEMENT PURSUANT TO 1993 DIRECTOR STOCK OPTION PLAN (As Adopted November 5, 1993, and as Amended December 1, 1997 and November 13, 1999)
Stock Option Agreement • March 17th, 2005 • Medicalcv Inc • Orthopedic, prosthetic & surgical appliances & supplies

This AGREEMENT is dated as of , and is entered into by and between MedicalCV, Inc., a Minnesota corporation (the “Company”) and (the “Optionee”).

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