0001214659-07-002432 Sample Contracts

FIVE STAR PRODUCTS, INC. STOCK OPTION AGREEMENT
Stock Option Agreement • November 14th, 2007 • National Patent Development Corp • Miscellaneous manufacturing industries • Delaware

AGREEMENT, dated July 17, 2007 (the “Grant Date”), between Five Star Products, Inc., a Delaware corporation (the “Company”), with an address at 10 East 40th Street, Suite 3110, New York, NY 10016, and Ira Sobotko (the “Grantee”), with an address c/o 10 East 40th Street, Suite 3110, New York, NY 10016.

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NATIONAL PATENT DEVELOPMENT CORP. NON-QUALIFIED STOCK OPTION AGREEMENT
Non-Qualified Stock Option Agreement • November 14th, 2007 • National Patent Development Corp • Miscellaneous manufacturing industries • Delaware

AGREEMENT, dated July 30, 2007 (the “Grant Date”), between National Patent Development Corporation, a Delaware corporation (the “Company”), with an address at 10 East 40th Street, Suite 3110, New York, NY 10016, and Ira Sobotko (the “Grantee”), with an address c/o 10 East 40th Street, Suite 3110, New York, NY 10016.

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