0001193805-09-000043 Sample Contracts

REGENCY AFFILIATES, INC. STOCK OPTION AGREEMENT
Stock Option Agreement • January 8th, 2009 • Regency Affiliates Inc • Motor vehicle parts & accessories • Delaware

THIS STOCK OPTION AGREEMENT (this “Agreement”) dated as of December 17, 2008 (the “Grant Date”), is between Regency Affiliates, Inc., a Delaware corporation (the “Company”), and Errol Glasser (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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Contract
Regency Affiliates Inc • January 8th, 2009 • Motor vehicle parts & accessories • Florida

AMENDMENT, dated as of December 17, 2008 (the “Amendment”), by and between REGENCY AFFILIATES, INC., a Delaware corporation (“Company”) with an address at 610 N.E. Jensen Beach Blvd., Jensen Beach, Florida 34957 and NEIL HASSON (“Executive”).

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