0001467809-10-000184 Sample Contracts

NEW ENERGY TECHNOLOGIES INC. Burtonsville, MD 20866 Telephone: (800) 213-0689 • Facsimile (240) 390-0603
Nonstatutory Stock Option Agreement • December 13th, 2010 • New Energy Technologies, Inc. • Industrial organic chemicals • New York

This letter sets forth the terms and conditions of your continued employment by New Energy Technologies, Inc. (the “Company”). For the purposes of this Agreement, capitalized terms used but not otherwise defined in this Agreement shall have the meanings ascribed thereto in Paragraph 22 hereof.

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Stock Option Agreement
Stock Option Agreement • December 13th, 2010 • New Energy Technologies, Inc. • Industrial organic chemicals • Nevada

THIS NONSTATUTORY STOCK OPTION AGREEMENT (“Agreement”) is made and entered into as of August 9, 2010, by and between New Energy Technologies, Inc. a Nevada corporation (the “Company”), and John A. Conklin (“Recipient”):

Confidential Treatment-Redacted Copy Of
Confidential Treatment • December 13th, 2010 • New Energy Technologies, Inc. • Industrial organic chemicals

Addendum dated as of November 30, 2010 by and between the University of South Florida Research Foundation, a nonstock, nonprofit Florida corporation, under Chapter 617 Florida Statutes, and a direct support organization of the University of South Florida (“University”) pursuant to section 1004.28 Florida Statutes and New Energy Solar Corporation, a small corporation organized and existing under the laws of the State of Florida and wholly-owned subsidiary of New Energy Technologies, Inc.

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