0001628280-16-013199 Sample Contracts

OPTION AGREEMENT
Option Agreement • March 28th, 2016 • Lapolla Industries Inc • Paints, varnishes, lacquers, enamels & allied prods

THE BOARD OF DIRECTORS of Lapolla Industries, Inc. (the “Company”) authorized and approved the Equity Incentive Plan ("Plan"). The Plan provides for the grant of Options to employees of the Company. Unless otherwise provided herein all defined terms shall have the respective meanings ascribed to them under the Plan.

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OPTION AGREEMENT
Option Agreement • March 28th, 2016 • Lapolla Industries Inc • Paints, varnishes, lacquers, enamels & allied prods

THE BOARD OF DIRECTORS of Lapolla Industries, Inc. (the “Company”) authorized and approved the Equity Incentive Plan (“Plan”). The Plan provides for the grant of Options to employees of the Company. Unless otherwise provided herein all defined terms shall have the respective meanings ascribed to them under the Plan.

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