0001171843-19-000517 Sample Contracts

FORM OF INCENTIVE STOCK OPTION AGREEMENT
Form of Incentive Stock Option Agreement • January 25th, 2019 • Northern Technologies International Corp • Coating, engraving & allied services • Minnesota

THIS INCENTIVE STOCK OPTION AGREEMENT is entered into and effective as of __________, 20__ (the “Date of Grant”), by and between Northern Technologies International Corporation (the “Company”) and ______________ (the “Optionee”).

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FORM OF NON-STATUTORY STOCK OPTION AGREEMENT
Form of Non-Statutory Stock Option Agreement • January 25th, 2019 • Northern Technologies International Corp • Coating, engraving & allied services • Minnesota

THIS NON-STATUTORY STOCK OPTION AGREEMENT is entered into and effective as of __________, 20__ (the “Date of Grant”), by and between Northern Technologies International Corporation (the “Company”) and ______________ (the “Optionee”).

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