0001171843-23-001068 Sample Contracts

Exhibit C STOCK UNIT AWARD AGREEMENT (Granted under the UFP Technologies, Inc. 2003 Incentive Plan)
Stock Unit Award Agreement • February 21st, 2023 • Ufp Technologies Inc • Surgical & medical instruments & apparatus • Delaware

This Stock Unit Award Agreement is entered into as of the 14th day of February, 2023 by and between UFP Technologies, Inc. (hereinafter the “Company”) and R. Jeffrey Bailly (the “Awardee”). Capitalized terms used but not defined herein shall have the meanings assigned to them in the Company’s 2003 Incentive Plan, as amended (the “Plan”). Stock Unit Awards (SUA’s represent the Company’s unfunded and unsecured promise to issue shares of Common Stock at a future date, subject to the terms of this Award Agreement, including, without limitation, the performance objectives set forth in Schedule A hereto, and the Plan. Awardee has no rights under the SUAs other than the rights of a general unsecured creditor of the Company.

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Exhibit D STOCK UNIT AWARD AGREEMENT (Granted under the UFP Technologies, Inc. 2003 Incentive Plan)
Stock Unit Award Agreement • February 21st, 2023 • Ufp Technologies Inc • Surgical & medical instruments & apparatus • Delaware

This Stock Unit Award Agreement is entered into as of the 14th day of February, 2023 by and between UFP Technologies, Inc. (hereinafter the “Company”) and _______________ (the “Awardee”). Capitalized terms used but not defined herein shall have the meanings assigned to them in the Company’s 2003 Incentive Plan, as amended (the “Plan”). Stock Unit Awards (SUA’s represent the Company’s unfunded and unsecured promise to issue shares of Common Stock at a future date, subject to the terms of this Award Agreement, including, without limitation, the performance objectives set forth in Schedule A hereto, and the Plan. Awardee has no rights under the SUAs other than the rights of a general unsecured creditor of the Company.

Exhibit A INCENTIVE STOCK OPTION AGREEMENT
Incentive Stock Option Agreement • February 21st, 2023 • Ufp Technologies Inc • Surgical & medical instruments & apparatus

INCENTIVE STOCK OPTION AGREEMENT made this 14th day of February 2023 between UFP TECHNOLOGIES, INC., a Delaware corporation (hereinafter called the Corporation), and R. JEFFREY BAILLY, an employee of the Corporation or one or more of its subsidiaries (hereinafter called the Employee).

Exhibit B NON-QUALIFIED STOCK OPTION AGREEMENT
Non-Qualified Stock Option Agreement • February 21st, 2023 • Ufp Technologies Inc • Surgical & medical instruments & apparatus

NON-QUALIFED STOCK OPTION AGREEMENT made this 14th day of February 2023 between UFP TECHNOLOGIES, INC., a Delaware corporation (hereinafter called the Corporation), and R. JEFFREY BAILLY, an employee of the Corporation or one or more of its subsidiaries (hereinafter called the Employee).

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