0001213900-07-001269 Sample Contracts

STOCK PURCHASE AND INVESTOR RIGHTS AGREEMENT
Stock Purchase and Investor Rights Agreement • September 26th, 2007 • Kraig Biocraft Laboratories, Inc • Florida

This Stock Purchase and Investor Rights Agreement (this "Agreement") is made and entered into as of December 29, 2006 by and among Worth Equity Fund, L.P., a Delaware Limited Partnership with offices at Wachovia Financial Center, 51st Floor, Suite 5120, 200 South Biscayne Blvd., Miami, FL 33131-2310 ("Worth" or "Purchaser") and Kraig Biocraft Laboratories, Inc., a Wyoming corporation with offices at 120 North Washington Square, Suite 805, 'Lansing, Michigan 48933 (the "Company' or “Kraig") (Worth and the Company are collectively referenced herein as, the "Parties").

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STOCK PURCHASE AND INVESTOR RIGHTS AGREEMENT KRAIG BIOCRAFT LABORATORIES, INC.
Stock Purchase and Investor Rights Agreement • September 26th, 2007 • Kraig Biocraft Laboratories, Inc • Michigan

By and among Lion Equity, an individual (“Purchaser” or “Subscriber”) and Kraig Biocraft Laboratories, Inc., a Wyoming corporation (the “Company” or “Kraig”). Purchaser and the Company are collectively referenced herein as the “Parties”.

ADDENDUM TO THE EMPLOYMENT CONTRACT: KIM K. THOMPSON THIS ADDENDUM to the EMPLOYMENT CONTRACT ("Agreement") dated the April 26, 2006, between Kraig Biocraft Laboratories, inc., a Wyoming corporation (the Thompson") is dated November 6, 2006,
Employment Contract • September 26th, 2007 • Kraig Biocraft Laboratories, Inc

The Board of Directors of the Company (the "Board") and Executive each desires that the EMPLOYMENT CONTRACT be modified and amended by this ADDENDUM as described below. \

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