0001188112-12-000520 Sample Contracts

KAYDON CORPORATION 1999 LONG TERM STOCK INCENTIVE PLAN NON-QUALIFIED STOCK OPTION AGREEMENT
Non-Qualified Stock Option Agreement • February 28th, 2012 • Kaydon Corp • Ball & roller bearings • Delaware

NON-QUALIFIED STOCK OPTION AGREEMENT, dated as of ___________, 200__; between KAYDON CORPORATION, a Delaware corporation (the “Corporation”), and _____________________________ (“Optionee”).

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KAYDON CORPORATION
Award Agreement • February 28th, 2012 • Kaydon Corp • Ball & roller bearings • Delaware

You (the “Participant”) are hereby awarded Performance Shares subject to the terms and conditions set forth in this Performance Award Agreement (the “Award”) and in the Kaydon Corporation 1999 Long Term Stock Incentive Plan (“Plan”). You acknowledge receipt of a copy of the Prospectus for the Plan and accept these Performance Shares subject to all of the terms, conditions and provisions of this Agreement and the Plan. This Award is conditioned on your execution of this Award. You should carefully review this document and the Prospectus, and consult with your personal legal and financial advisor, in order to assure that you fully understand the terms, conditions, and financial implications of this Award.

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