STOCK OPTION AGREEMENT, (Immediately Exercisable)Stock Option Agreement • February 10th, 2009 • Composite Technology Corp • Electronic & other electrical equipment (no computer equip) • California
Composite Technology Corporation. has granted to the individual (the " Optionee " ) named in the Notice of Grant of Stock Option (the " Notice " ) to which this Stock Option Agreement (the " Option Agreement " ) is attached an option (the " Option " ) to purchase certain shares of Stock upon the terms and conditions set forth in the Notice and this Option Agreement. The Option has been granted pursuant to and shall in all respects be subject to the terms and conditions of the Composite Technology Corporation. 2008 Stock Option Plan (the " Plan " ), as amended to the Date of Option Grant, the provisions of which are incorporated herein by reference. By signing the Notice, the Optionee: (a) represents that the Optionee has read and is familiar with the terms and conditions of the Notice, the Plan and this Option Agreement, including the Effect of Termination of Service set forth in Section 7, the Unvested Share Repurchase Option set forth in Section 11 and the Right of First Refusal set
MASTER OPTION AGREEMENTMaster Option Agreement • February 10th, 2009 • Composite Technology Corp • Electronic & other electrical equipment (no computer equip) • Nevada
Composite Technology Corporation (“Company”) has granted to the individual (the "Optionee") named in the Stock Option Notice of Modification and Reissuance (the "Notice") to which this Master Option Agreement (the "Option Agreement") is attached an option (the "Option") to purchase certain shares of the Company’s $.001 par value common stock, subject to the terms and conditions of the Composite Technology Corporation 2002 Non-Qualified Stock Compensation Plan, as amended (the "Plan"), this Option Agreement, and the Notice. By signing this Option Agreement and the Notice, the Optionee: (a) represents that the Optionee has read, is familiar with and agrees to the terms and conditions of the Notice, the Plan and this Option Agreement, including the Effect of Termination of Service set forth in Section 4, (b) accepts the Option subject to all of the terms and conditions of the Notice, the Plan and this Option Agreement, (c) agrees to accept all interpretations of the Plan by the Company’s
