0001144204-07-057013 Sample Contracts

EMPLOYEE STOCK OPTION AGREEMENT UNDER THE 2007 EQUITY INCENTIVE PLAN OF ADVANCED PHOTONIX, INC.
Employee Stock Option Agreement • October 30th, 2007 • Advanced Photonix Inc • Semiconductors & related devices • Michigan

In consideration of services to be rendered by you (the “Optionee”) to Advanced Photonix, Inc., a Delaware corporation (the “Company") or one of its subsidiaries, you have been granted an option (the “Option”) under the Company’s 2007 Equity Incentive Plan (the “2007 Plan”), which is incorporated herein by reference, to purchase from the Company a number of shares of Class A Common Stock of the Company (the “Shares”) at the price per Share as listed on Exhibit A annexed hereto and subject to the terms and conditions of this Agreement and the 2007 Plan.

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EMPLOYEE RESTRICTED STOCK AGREEMENT UNDER THE 2007 EQUITY INCENTIVE PLAN OF ADVANCED PHOTONIX, INC.
Employee Restricted Stock Agreement • October 30th, 2007 • Advanced Photonix Inc • Semiconductors & related devices • Michigan

In consideration of services to be rendered by you (the “Grantee”) to Advanced Photonix, Inc., a Delaware company (the “Company”) or one of its subsidiaries, you have been awarded a stock grant (the “Grant”) under the Company’s 2007 Equity Incentive Plan (the “2007 Plan”), which is incorporated herein by reference, covering a number of shares of Class A Common Stock of the Company, par value $.001 per share (the “Shares”) as listed on Exhibit A annexed hereto and subject to the terms and conditions of this Agreement and the 2007 Plan.

DIRECTOR RESTRICTED STOCK AGREEMENT UNDER THE 2007 EQUITY INCENTIVE PLAN OF ADVANCED PHOTONIX, INC.
Director Restricted Stock Agreement • October 30th, 2007 • Advanced Photonix Inc • Semiconductors & related devices • Michigan

In consideration of services to be rendered by you (the “Grantee”) to Advanced Photonix, Inc., a Delaware company (the “Company”), as a non-employee director of the Company, you have been awarded a stock grant (the “Grant”) under the Company’s 2007 Equity Incentive Plan (the “2007 Plan”), which is incorporated herein by reference, covering a number of shares of Class A Common Stock of the Company, par value $.001 per share (the “Shares”) as listed on Exhibit A annexed hereto and subject to the terms and conditions of this Agreement and the 2007 Plan.

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