ContractStock Option Agreement • October 25th, 2007 • Caraco Pharmaceutical Laboratories LTD • Pharmaceutical preparations • Michigan
FORM OF STOCK OPTION AGREEMENT This Stock Option Agreement (the “Agreement”) memorializes the grant to Daniel H. Movens on ____ __, 200_, by the subcommittee of non-employee directors of the Compensation Committee of Caraco Pharmaceutical Laboratories, Ltd. (the “Company”), of an incentive stock option (the “Option”) to purchase shares of the Company’s Common Stock in the amount set forth below. The grant was made under the Company’s 1999 Equity Participation Plan (the “Plan”) and is pursuant to that certain Employment Agreement dated as of May 2, 2005 between the Company and Mr. Movens (the “Employment Agreement”). The terms of the grant are as follows:
ContractRestricted Stock Agreement • October 25th, 2007 • Caraco Pharmaceutical Laboratories LTD • Pharmaceutical preparations • Michigan
FORM OF RESTRICTED STOCK AGREEMENT This Restricted Stock Agreement (the “Agreement”) memorializes the grant by the Board of Directors to Daniel H. Movens, effective _________, of restricted common stock (“Restricted Stock”) of Caraco Pharmaceutical Laboratories, Ltd. (the “Company”). The grant was made under the Company’s 1999 Equity Participation Plan (the “Plan”) and is pursuant to that certain Employment Agreement dated as of May 2, 2005 between the Company and Mr. Movens (the “Employment Agreement”). The terms of the grant are as follows:
