0001116502-07-000113 Sample Contracts

Standard Contracts

Contract
Convertible Note • January 18th, 2007 • Ecosphere Technologies Inc • Construction, mining & materials handling machinery & equip

THE SHARES REPRESENTED BY THIS CONVERTIBLE NOTE AND THE CONVERTIBLE NOTE HAVE NOT BEEN REGISTERED UNDER THE FEDERAL OR ANY STATE SECURITIES LAWS AND MAY NOT BE SOLD, TRANSFERRED OR HYPOTHECATED IN ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH LAWS AS MAY BE APPLICABLE OR, AN OPINION OF COUNSEL, SATISFACTORY TO THE COMPANY, THAT AN EXEMPTION FROM SUCH APPLICABLE LAWS EXIST.

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ECOSPHERE TECHNOLOGIES, INC. NON-QUALIFIED STOCK OPTION AGREEMENT
Non-Qualified Stock Option Agreement • January 18th, 2007 • Ecosphere Technologies Inc • Construction, mining & materials handling machinery & equip • Delaware

THIS STOCK OPTION AGREEMENT (the “Agreement”) is entered into as of the ______ day of _______, 200__ between Ecosphere Technologies, Inc. (the “Company”) and ___________ (the “Optionee”).

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