Executive Long-Term Incentive Award Agreement Sample Contracts

EXECUTIVE LONG-TERM INCENTIVE AWARD AGREEMENT (ALTERNATE FORM) NON-QUALIFIED STOCK OPTIONS
Executive Long-Term Incentive Award Agreement • August 5th, 2005 • Sypris Solutions Inc • Industrial instruments for measurement, display, and control

Effective 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:

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