0001144204-06-039546 Sample Contracts

ICAD, INC. NON-QUALIFIED STOCK OPTION AGREEMENT
Non-Qualified Stock Option Agreement • September 22nd, 2006 • Icad Inc • Computer peripheral equipment, nec • New Hampshire

WHEREAS, the Company is issuing to the Optionee a new Non-Plan Option in exchange for other Non-Plan Options tendered by the Optionee pursuant to the Company’s Offer to Exchange Certain outstanding Options to Purchase Common Stock dated September 22, 2006 (the “Exchange Offer”);

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