0001144204-13-053334 Sample Contracts

WORLD SURVEILLANCE GROUP INC. NON-QUALIFIED STOCK OPTION AGREEMENT

Non-Qualified Stock Option Agreement • October 1st, 2013 • World Surveillance Group Inc. • Telephone communications (no radiotelephone) • Delaware

• Contract Type
  Non-Qualified Stock Option Agreement
• Filed
  October 1st, 2013
• Company
  World Surveillance Group Inc.
• Industry
  Telephone communications (no radiotelephone)
• Jurisdiction
  Delaware

This option satisfies in full all commitments that the Company has to the Optionee with respect to the issuance of stock, stock options or other equity securities.

CONVERSION AGREEMENT

Conversion Agreement • October 1st, 2013 • World Surveillance Group Inc. • Telephone communications (no radiotelephone) • Delaware

• Contract Type
  Conversion Agreement
• Filed
  October 1st, 2013
• Company
  World Surveillance Group Inc.
• Industry
  Telephone communications (no radiotelephone)
• Jurisdiction
  Delaware

THIS CONVERSION AGREEMENT (the “Agreement”), dated as of September 25, 2013 is made by and between World Surveillance Group Inc., a Delaware corporation (“Company”), and Glenn D. Estrella, the President and Chief Executive Officer of the Company (“Employee” and, together with the Company, the “Parties”, or each individually, a “Party”).