EXECUTIVE EMPLOYMENT AGREEMENTExecutive Employment Agreement • November 4th, 2009 • Lapolla Industries Inc • Paints, varnishes, lacquers, enamels & allied prods • Texas
THIS EXECUTIVE EMPLOYMENT AGREEMENT is entered into and effective as of October 28, 2009 (“Effective Date”), by and between LAPOLLA INDUSTRIES, INC., a Delaware Corporation (“Company”) and NEIL P. BURNS (“Executive”).
OPTION AGREEMENTOption Agreement • November 4th, 2009 • Lapolla Industries Inc • Paints, varnishes, lacquers, enamels & allied prods
THE BOARD OF DIRECTORS of LAPOLLA INDUSTRIES, INC. authorized and approved the Equity Incentive Plan, as amended ("Plan"). The Plan provides for the grant of common stock (“Stock”) options (the “Options”) to employees of Company (“Company”). Unless otherwise provided herein all defined terms shall have the respective meanings ascribed to them under the Plan.
