0001144204-12-017680 Sample Contracts

RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • March 28th, 2012 • World Surveillance Group Inc. • Telephone communications (no radiotelephone) • Delaware

THIS RESTRICTED STOCK AGREEMENT (the “Agreement”), dated as of September 28, 2011 is made by and between World Surveillance Group Inc., a Delaware corporation (“Company”), and Daniyel Erdberg, Glenn D. Estrella, Barbara M. Johnson, and David Phipps (collectively, the “Employees”, and each individually, an “Employee”, and together with the Company, the “Parties”, or each individually, a “Party”).

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RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • March 28th, 2012 • World Surveillance Group Inc. • Telephone communications (no radiotelephone) • Delaware

THIS RESTRICTED STOCK AGREEMENT (the “Agreement”), dated as of December 28, 2011 is made by and between World Surveillance Group Inc., a Delaware corporation (“Company”), and Daniyel Erdberg, Glenn D. Estrella, Barbara M. Johnson, and W. Jeffrey Sawyers (collectively, the “Employees”, and each individually, an “Employee”, and together with the Company, the “Parties”, or each individually, a “Party”).

RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • March 28th, 2012 • World Surveillance Group Inc. • Telephone communications (no radiotelephone) • Delaware

THIS RESTRICTED STOCK AGREEMENT (the “Agreement”), dated as of December 28, 2011 is made by and between World Surveillance Group Inc., a Delaware corporation (“Company”), and Daniyel Erdberg, Glenn D. Estrella, Barbara M. Johnson, and W. Jeffrey Sawyers (collectively, the “Employees”, and each individually, an “Employee”, and together with the Company, the “Parties”, or each individually, a “Party”).

January 3, 2011
World Surveillance Group Inc. • March 28th, 2012 • Telephone communications (no radiotelephone)
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