0001140361-08-005830 Sample Contracts

EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • March 4th, 2008 • Lapolla Industries Inc • Paints, varnishes, lacquers, enamels & allied prods • Texas

THIS EXECUTIVE EMPLOYMENT AGREEMENT is entered into and effective as of March 3, 2008 (“Effective Date”), by and between LAPOLLA INDUSTRIES, INC., a Delaware Corporation (“Company”) and Paul Smiertka (“Executive”).

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OPTION AGREEMENT
Option Agreement • March 4th, 2008 • Lapolla Industries Inc • Paints, varnishes, lacquers, enamels & allied prods

THE BOARD OF DIRECTORS of LaPolla Industries, Inc. authorized and approved the Equity Incentive Plan ("Plan"). The Plan provides for the grant of Options to eligible employees, directors and consultants of LaPolla Industries, Inc. (“Company”). Unless otherwise provided herein all defined terms shall have the respective meanings ascribed to them under the Plan.

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