0001193125-08-184366 Sample Contracts

FORM OF NON-QUALIFIED STOCK OPTION AGREEMENT

Non-Qualified Stock Option Agreement • August 26th, 2008 • Biolargo, Inc. • Chemicals & allied products • Delaware

• Contract Type
  Non-Qualified Stock Option Agreement
• Filed
  August 26th, 2008
• Company
  Biolargo, Inc.
• Industry
  Chemicals & allied products
• Jurisdiction
  Delaware

This Non-qualified Stock Option Agreement (this “Agreement”) is made and entered into as of ____________, 2___ (the “Grant Date”) by and between BioLargo, Inc., a Delaware corporation (the “Company”), whose address is 2603 Main Street, Suite 1155, Irvine, California 92614, and _____________________ an individual (“Optionee”). Capitalized terms used herein without definition shall have the meanings given to them in the BioLargo, Inc. 2007 Equity Incentive Plan (the “Plan”, a copy of which is attached hereto as Appendix A and incorporated by this reference).

FORM OF INCENTIVE STOCK OPTION AGREEMENT

Incentive Stock Option Agreement • August 26th, 2008 • Biolargo, Inc. • Chemicals & allied products • Delaware

• Contract Type
  Incentive Stock Option Agreement
• Filed
  August 26th, 2008
• Company
  Biolargo, Inc.
• Industry
  Chemicals & allied products
• Jurisdiction
  Delaware

This Incentive Stock Option Agreement (this “Agreement”) is made and entered into as of ____________, 2___ (the “Grant Date”) by and between BioLargo, Inc., a Delaware corporation (the “Company”), whose address is 2603 Main Street, Suite 1155, Irvine, California 92614, and _____________________ an individual (“Optionee”). Capitalized terms used herein without definition shall have the meanings given to them in the BioLargo, Inc. 2007 Equity Incentive Plan (the “Plan”, a copy of which is attached hereto as Appendix A and incorporated by this reference).

FORM OF CONSULTANT STOCK OPTION AGREEMENT

Consultant Stock Option Agreement • August 26th, 2008 • Biolargo, Inc. • Chemicals & allied products • Delaware

• Contract Type
  Consultant Stock Option Agreement
• Filed
  August 26th, 2008
• Company
  Biolargo, Inc.
• Industry
  Chemicals & allied products
• Jurisdiction
  Delaware

This Non-Qualified Stock Option Agreement (this “Agreement”) is made and entered into as of January 10, 2008 (the “Grant Date”) by and between BioLargo, Inc., a Delaware corporation (the “Company”), whose address is 2603 Main Street, Suite 1155, Irvine, California 92614, and ________________________________, an individual (“Optionee”). Capitalized terms used herein without definition shall have the meanings given to them in Appendix “A” attached hereto and incorporated herein by this reference).