FORM OF SERIES K STOCK OPTION AGREEMENT DATED AS OF MAY 1, 2003 BETWEEN THE COMPANY AND CERTAIN OF ITS EMPLOYEES FIREARMS TRAINING SYSTEMS, INC. STOCK OPTION AGREEMENT SERIES KStock Option Agreement • August 11th, 2003 • Firearms Training Systems Inc • Services-management consulting services • Delaware
Firearms Training Systems, Inc., a Delaware corporation (the “Company”), hereby grants to ______________ (the “Optionee”) as of May 1, 2003 (the “Option Date”), pursuant to the provisions of the Firearms Training Systems, Inc. Stock Option Plan (the “Plan”), a non-qualified option to purchase from the Company (the “Option”) ______ shares of its Class A Common Stock, $0.000006 par value (“Stock”), at the price of $0.40 per share upon and subject to the terms and conditions set forth below. References to employment shall also mean an agency or independent contractor relationship and references to employment by the Company shall also mean employment by a Subsidiary. Capitalized terms not defined herein shall have the meanings specified in the Plan.
FIFTH AMENDMENT TO SECOND AMENDED AND RESTATED CREDIT AGREEMENT AND PARTIAL EXCHANGE AGREEMENTCredit Agreement • August 11th, 2003 • Firearms Training Systems Inc • Services-management consulting services • New York
This Fifth Amendment to Second Amended and Restated Credit Agreement and Partial Exchange Agreement (this “Fifth Amendment”) is made as of June 26th, 2003 among FIREARMS TRAINING SYSTEMS, INC., a Delaware corporation (the “Parent”), FATS, INC., a Delaware corporation (the “Borrower”), the financial institutions listed on the signature pages hereof (the “Lenders”) and BANK OF AMERICA, N.A., as Agent and Issuing Bank (the “Agent”).
FORM OF SERIES I STOCK OPTION AGREEMENT DATED AS OF MAY 1, 2003 BETWEEN THE COMPANY AND ITS OUTSIDE DIRECTORS FIREARMS TRAINING SYSTEMS, INC. STOCK OPTION AGREEMENT SERIES IStock Option Agreement • August 11th, 2003 • Firearms Training Systems Inc • Services-management consulting services • Delaware
Firearms Training Systems, Inc., a Delaware corporation (the “Company”), hereby grants to ________________ (the “Optionee”) as of May 1, 2003 (the “Option Date”), pursuant to the provisions of the Firearms Training Systems, Inc. Stock Option Plan (the “Plan”), a non-qualified option to purchase from the Company (the “Option”) 300,000 shares of its Class A Common Stock, $0.000006 par value (“Stock”), at the price of $0.40 per share upon and subject to the terms and conditions set forth below. Capitalized terms not defined herein shall have the meanings specified in the Plan.
