0001193805-08-002129 Sample Contracts

REGENCY AFFILIATES, INC. STOCK OPTION AGREEMENT
Stock Option Agreement • September 12th, 2008 • Regency Affiliates Inc • Motor vehicle parts & accessories • Delaware

THIS STOCK OPTION AGREEMENT (this “Agreement”) dated as of August 13, 2008 (the “Grant Date”), is between Regency Affiliates, Inc., a Delaware corporation (the “Company”), and Laurence S. Levy (the “Participant”), relating to options to purchase shares of Stock, which options are granted under the Regency Affiliates, Inc. 2003 Stock Incentive Plan, as amended (the “Plan”). Capitalized terms used, but not otherwise defined, in this Agreement shall have the meanings ascribed to such terms in the Plan.

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