0001185185-11-000024 Sample Contracts

India Globalization Capital, Inc. Nonqualified Stock Option Agreement
Nonqualified Stock Option Agreement • January 7th, 2011 • India Globalization Capital, Inc. • Heavy construction other than bldg const - contractors

This Stock Option Agreement (the “Agreement”) is entered into and made effective as of __________, by and between India Globalization Capital, Inc., a Maryland corporation (the “Company”), and _________ (the “Optionee”).

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India Globalization Capital, Inc. Incentive Stock Option Agreement
Incentive Stock Option Agreement • January 7th, 2011 • India Globalization Capital, Inc. • Heavy construction other than bldg const - contractors

This Stock Option Agreement (the “Agreement”) is entered into and made effective as of __________, by and between India Globalization Capital, Inc., a Maryland corporation (the “Company”), and _________ (the “Optionee”).

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