0001117768-01-500032 Sample Contracts

INDEMNITY AGREEMENT
Indemnity Agreement • October 15th, 2001 • Gas & Oil Technology Inc • Delaware

This Indemnity Agreement (this "Agreement"), dated as of ________ 2001, is made by and between Gas and Oil Technologies, Inc., a Delaware corporation (the "Company"), and ________________________, a director and/or officer of the Company (the "Indemnitee").

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Gas and Oil Technologies, Inc. Common Stock Underwriting Agreement ___________, 2001
Gas & Oil Technology Inc • October 15th, 2001 • California

Gas and Oil Technologies, Inc., a Delaware corporation (the "Company"), proposes, subject to the terms and conditions stated herein, to issue and sell to the Underwriters named in Schedule I hereto (the "Underwriters") an aggregate of _________ shares (the "Firm Shares") and, at the election of the Underwriters, up to __________ additional shares (the "Optional Shares") of Common Stock, $1.00 par value per share ("Stock"), of the Company (the Firm Shares and the Optional Shares that the Underwriters elect to purchase pursuant to Section 2 hereof being collectively called the "Shares").

FORM OF OPTION GRANT No. _________ GAS AND OIL TECHNOLOGIES, INC. 2001 EQUITY INCENTIVE PLAN STOCK OPTION AGREEMENT
Equity Incentive Plan Stock Option Agreement • October 15th, 2001 • Gas & Oil Technology Inc • California

This Stock Option Agreement ("Agreement") is made and entered into as of the date of grant set forth below (the "Date of Grant") by and between Gas and Oil Technologies, Inc., a Delaware corporation (the "Company"), and the participant named below ("Participant"). Capitalized terms not defined herein shall have the meaning ascribed to them in the Company's 2001 Equity Incentive Plan (the "Plan").

FORM OF STOCK OPTION EXERCISE AGREEMENT
Form of Stock Option Exercise Agreement • October 15th, 2001 • Gas & Oil Technology Inc • California

This Exercise Agreement is made and entered into as of ______________, 19___ (the "Effective Date") by and between Gas and Oil Technologies, Inc., a Delaware corporation (the "Company"), and the purchaser named below (the "Purchaser"). Capitalized terms not defined herein shall have the meaning ascribed to them in the Company's 2001 Equity Incentive Plan (the "Plan").

Property Lease OF GAS AND OIL TECHNOLOGIES, INC.
Property Lease • October 15th, 2001 • Gas & Oil Technology Inc • California

This Property Lease Agreement ("Agreement") is entered into as of the __________________ between Gas and Oil Technologies, Inc., ("Tenant") and Turnbey Property Management, ("Management").

STOCK POWER AND ASSIGNMENT SEPARATE FROM STOCK CERTIFICATE Stock Power and Assignment Separate from Stock Certificate
Stock Power and Assignment Separate • October 15th, 2001 • Gas & Oil Technology Inc

FOR VALUE RECEIVED and pursuant to that certain Stock Option Exercise Agreement No. ___ dated as of _______________, 19___, (the "Agreement"), the undersigned hereby sells, assigns and transfers unto _______________________________, shares of the Common Stock, $1.00 par value per share, of Gas and Oil Technologies, Inc., a Delaware corporation (the "Company"), standing in the undersigned's name on the books of the Company represented by Certificate No(s). ______ delivered herewith, and does hereby irrevocably constitute and appoint the Secretary of the Company as the undersigned's attorney-in-fact, with full power of substitution, to transfer said stock on the books of the Company. THIS ASSIGNMENT MAY ONLY BE USED AS AUTHORIZED BY THIS EXERCISE AGREEMENT AND ANY EXHIBITS THERETO.

SPOUSE CONSENT Spouse Consent
Gas & Oil Technology Inc • October 15th, 2001

The undersigned spouse of Purchaser has read, understands, and hereby approves the Stock Option Exercise Agreement between Purchaser and the Company (the "Agreement"). In consideration of the Company's granting my spouse the right to purchase the Shares as set forth in this Exercise Agreement, the undersigned hereby agrees to be irrevocably bound by this Exercise Agreement and further agrees that any community property interest shall similarly be bound by this Exercise Agreement. The undersigned hereby appoints Purchaser as my attorney-in-fact with respect to any amendment or exercise of any rights under this Exercise Agreement.

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