ALTERNATIVE ENERGY SOURCES, INC. Non-Qualified Stock Option AgreementQualified Stock Option Agreement • May 16th, 2007 • Alternative Energy Sources Inc • Industrial organic chemicals • Delaware
The grant of this stock option is made pursuant to the Alternative Energy Sources, Inc. Equity Incentive Plan (the “Plan”). This stock option is not intended to qualify as an "incentive stock option" under Section 422 of the Internal Revenue Code of 1986, as amended. The terms of the Plan are incorporated into this letter and in the case of any conflict between the Plan and this letter, the terms of the Plan shall control.
