0001144204-10-045092 Sample Contracts

Non-Qualified Stock Option Award Agreement
Non-Qualified Stock Option • August 17th, 2010 • Sypris Solutions Inc • Industrial instruments for measurement, display, and control

Effective as of __[Date]__ (“Grant Date”), the Company hereby grants to [Employee] an option (the “Options”) to purchase up to: [# of Shares] shares of Common Stock (each, a “Share” and collectively, the “Shares”) for $[Price] per Share until [6th Anniversary of Grant Date] (“Expiration Date”) on the terms of this Agreement (the “Terms”), the attached Program, and the 2010 Sypris Omnibus Plan (“Plan”) as follows:

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