0001104659-11-027541 Sample Contracts

GLEACHER & COMPANY, INC. STOCK OPTION AGREEMENT
Stock Option Agreement • May 10th, 2011 • Gleacher & Company, Inc. • Security brokers, dealers & flotation companies • Delaware

THIS STOCK OPTION AGREEMENT (this “Agreement”) confirms the grant on May 9, 2011 (the “Grant Date”) by Gleacher & Company, Inc., a Delaware corporation (the “Company”), to Thomas J. Hughes (“Employee”) of non-qualified options (“Options”) to acquire shares of the Company’s common stock (“Shares”), as follows:

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GLEACHER & COMPANY, INC. INDUCEMENT STOCK OPTION AGREEMENT
Inducement Stock Option Agreement • May 10th, 2011 • Gleacher & Company, Inc. • Security brokers, dealers & flotation companies • Delaware

THIS INDUCEMENT STOCK OPTION AGREEMENT (this “Agreement”) confirms the grant on May 9, 2011 (the “Grant Date”) by Gleacher & Company, Inc., a Delaware corporation (the “Company”), to Thomas Hughes (“Employee”) of non-qualified options (“Options”) to acquire shares of the Company’s common stock (“Shares”), as follows:

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GLEACHER & COMPANY, INC. INDUCEMENT RESTRICTED STOCK UNITS AGREEMENT
Inducement Restricted Stock Units Agreement • May 10th, 2011 • Gleacher & Company, Inc. • Security brokers, dealers & flotation companies • Delaware

THIS INDUCEMENT RESTRICTED STOCK UNITS AGREEMENT (the “Agreement”) confirms the grant on May 9, 2011 (the “Grant Date”) by Gleacher & Company, Inc., a Delaware corporation (the “Company”), to Thomas Hughes (“Employee”) of Restricted Stock Units (the “Units”), including rights to Dividend Equivalents as specified herein, as follows:

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