0001387131-10-000403 Sample Contracts

FORM OF NON-STATUTORY STOCK OPTION AGREEMENT
Form of Non-Statutory Stock Option Agreement • March 31st, 2010 • International Fuel Technology Inc • Petroleum refining • Missouri

This STOCK OPTION AGREEMENT (“Agreement”) dated [___________] is between INTERNATIONAL FUEL TECHNOLOGY, INC. (the “Company”), a Nevada corporation, and [Optionee], a(n) [employee and/or (non-employee) Director or non-employee Consultant] of the Company (the “Optionee”).

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FORM OF NON-STATUTORY STOCK OPTION AGREEMENT
Form of Non-Statutory Stock Option Agreement • March 31st, 2010 • International Fuel Technology Inc • Petroleum refining • Missouri

This STOCK OPTION AGREEMENT (“Agreement”) dated [________], (“Grant Date”) is between INTERNATIONAL FUEL TECHNOLOGY, INC. (the “Company”), a Nevada corporation, and [Optionee], a(n) [employee and/or (non-employee) Director or non-employee Consultant] of the Company (the “Optionee”).

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