0001493152-16-014371 Sample Contracts

INCENTIVE STOCK OPTION AGREEMENT pursuant to the Plastic2Oil Inc.
Incentive Stock Option Agreement • October 31st, 2016 • Plastic2Oil, Inc. • Wholesale-electrical appliances, tv & radio sets • New York

THIS INCENTIVE STOCK OPTION AGREEMENT (this “Agreement”), dated as of the Grant Date specified above, is entered into by and between Plastic2Oil Inc. f/k/a JBI, Inc., a Nevada corporation (the “Company”), and the Optionee specified above, pursuant to the Plastic2Oil, Inc. f/k/a JBI, Inc. 2012 Long-Term Incentive Plan, as in effect and as amended from time to time (the “Plan”); and

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