0001193125-06-172856 Sample Contracts

ENVIRONMENTAL POWER CORPORATION NON-INCENTIVE STOCK OPTION AGREEMENT
Non-Incentive Stock Option Agreement • August 14th, 2006 • Environmental Power Corp • Cogeneration services & small power producers

This Non-Incentive Stock Option Agreement (the “Agreement”) is made this day of , 200 , by and between Environmental Power Corporation, a Delaware corporation (the “Company”) and , an individual residing at (“Holder”).

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ENVIRONMENTAL POWER CORPORATION Incentive Stock Option Agreement Granted Under 2006 Equity Incentive Plan
Incentive Stock Option Agreement • August 14th, 2006 • Environmental Power Corp • Cogeneration services & small power producers
ENVIRONMENTAL POWER CORPORATION Non-Statutory Stock Option Agreement Granted Under 2006 Equity Incentive Plan
Non-Statutory Stock Option Agreement • August 14th, 2006 • Environmental Power Corp • Cogeneration services & small power producers
RELEASE AND SEVERANCE AGREEMENT
Release and Severance Agreement • August 14th, 2006 • Environmental Power Corp • Cogeneration services & small power producers • New Hampshire

This RELEASE AND SEVERANCE AGREEMENT is made and entered into effective as of the 19th day of May, 2006, by and between Randall L. Hull (“Hull”), on the one hand, and Environmental Power Corporation (“EPC”) and Microgy, Inc. (“Microgy”), on the other hand (EPC and Microgy together, and collectively with their former, current and future parents, agents, officers, directors, employees, successors, predecessors, and affiliated companies, the “Company”).

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