EXECUTIVE LONG-TERM INCENTIVE AWARD AGREEMENT (ALTERNATE FORM) NON-QUALIFIED STOCK OPTIONSExecutive Long-Term Incentive Award Agreement • August 5th, 2005 • Sypris Solutions Inc • Industrial instruments for measurement, display, and control
Contract Type FiledAugust 5th, 2005 Company IndustryEffective as of (“Grant Date”), the Company hereby grants to [Employee] certain rights to purchase up to: [# of Shares] total Option Shares for $[Price] per Share until [6th Anniversary of Grant Date] (“Expiration Date”) on the Terms of this Agreement, the attached Program, and the 2004 Sypris Equity Plan (“Plan”) as follows: