FORM OF OF FROZEN FOOD EXPRESS INDUSTRIES, INC. INCENTIVE OPTION AWARD AGREEMENTIncentive Option Award Agreement • August 4th, 2005 • Frozen Food Express Industries Inc • Trucking (no local) • Texas
This Incentive Option Award Agreement (this “Agreement”) is made and entered into by and between Frozen Food Express Industries, Inc., a Texas corporation (“FFE” or the “Corporation”) and _____________________ (the “Optionee”), as of _______________, 2005 (the “Date of Grant”). If the Optionee is presently or subsequently becomes employed by a subsidiary of the Corporation, the term “Corporation” shall be deemed to refer collectively to FFE, and the subsidiary or subsidiaries which employ the Optionee.
FORM OF 2002 INCENTIVE AND NONSTATUTORY OPTION PLAN OF FROZEN FOOD EXPRESS INDUSTRIES, INC. INCENTIVE OPTION AWARD AGREEMENT This Incentive Option Award Agreement (this “Agreement”) is made and entered into by and between Frozen Food Express...Incentive Option Award Agreement • March 23rd, 2005 • Frozen Food Express Industries Inc • Trucking (no local) • Texas
WHEREAS, the Corporation has adopted the Frozen Food Express Industries, Inc. 2002 Incentive and Nonstatutory Option Plan (the “Plan”), a copy of which is attached hereto and incorporated herein by reference, to provide an incentive for key employees and certain consultants and advisors of the Corporation to remain in the service of the Corporation and to extend them the opportunity to acquire a proprietary interest in the Corporation so that they will apply their best efforts for the benefit of the Corporation; and
