Option Exercise and Stock Transfer Restriction Agreement Sample Contracts

OPTION EXERCISE AND STOCK TRANSFER RESTRICTION AGREEMENT

Option Exercise and Stock Transfer Restriction Agreement • October 21st, 2016 • Mechanical Technology Inc • Measuring & controlling devices, nec • New York

• Contract Type
  Option Exercise and Stock Transfer Restriction Agreement
• Filed
  October 21st, 2016
• Company
  Mechanical Technology Inc
• Industry
  Measuring & controlling devices, nec
• Jurisdiction
  New York

This OPTION EXERCISE AND STOCK TRANSFER RESTRICTION AGREEMENT (this “Agreement”), dated as of October 21, 2016 (“Effective Date”), is entered into by and between Mechanical Technology, Incorporated (the “Company”) and [________________], an individual residing at [_______________] who currently serves as a [director][executive officer] of the Company (the “Insider”). The Company and the Insider are sometimes referred to herein, individually, as a “Party” and, collectively, as the “Parties”.