0001104659-05-013893 Sample Contracts

Re: Severance Agreement and General Release
Severance Agreement • March 31st, 2005 • Williams Scotsman Inc • Services-equipment rental & leasing, nec • Maryland

We are interested in resolving amicably your separation of employment with the Company, effective January 21, 2005. Toward this end, we propose the following Severance Agreement, which includes a General Release.

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EMPLOYMENT AGREEMENT
Employment Agreement • March 31st, 2005 • Williams Scotsman Inc • Services-equipment rental & leasing, nec • Maryland

THIS AGREEMENT is made as of March 25, 2005 between Williams Scotsman, Inc., a corporation (hereinafter called “the Company”), and Robert C. Singer, an individual (hereinafter called “Employee”).

SCOTSMAN HOLDINGS, INC. EMPLOYEE STOCK OPTION PLAN INCENTIVE STOCK OPTION AGREEMENT
Incentive Stock Option Agreement • March 31st, 2005 • Williams Scotsman Inc • Services-equipment rental & leasing, nec • Maryland

THIS INCENTIVE STOCK OPTION AGREEMENT (this “Agreement”) is made as of the day of , by and between Scotsman Holdings, Inc., a Delaware corporation (the “Company”), and (the “Optionee”).

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