Common Contracts

2 similar Nonqualified Stock Option Agreement contracts by AFG Holdings, Inc.

AFG HOLDINGS, INC. NONQUALIFIED STOCK OPTION AGREEMENT
Nonqualified Stock Option Agreement • June 12th, 2018 • AFG Holdings, Inc. • Oil & gas field machinery & equipment • Delaware

This NONQUALIFIED STOCK OPTION AGREEMENT (this “Agreement”) is made as of December 1, 2017 (the “Date of Grant”) by and between AFG Holdings, Inc., a Delaware corporation (the “Company”), and Larry Blackburn (“Optionee”). As a condition precedent to the Company’s grant of the Option (as defined in Section 2 of this Agreement) to Optionee, (i) Optionee is executing and delivering a counterpart of the Stockholders Agreement between the Company and certain of its stockholders, dated June 8, 2017, as the same may be amended from time to time (the “Stockholders Agreement”) and thereby agrees to be bound by the Stockholders Agreement as a “Holder” thereunder, and (ii) Optionee has purchased a number of shares of common stock of the Company (“Common Stock”) with an aggregate value as of the Date of Grant of $250,000.

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AFG HOLDINGS, INC. NONQUALIFIED STOCK OPTION AGREEMENT
Nonqualified Stock Option Agreement • June 12th, 2018 • AFG Holdings, Inc. • Oil & gas field machinery & equipment • Delaware

This NONQUALIFIED STOCK OPTION AGREEMENT (this “Agreement”) is made as of September 11, 2017 (the “Date of Grant”) by and between AFG Holdings, Inc., a Delaware corporation (the “Company”), and Curtis Samford (“Optionee”). As a condition precedent to the Company’s grant of the Option (as defined in Section 2 of this Agreement) to Optionee,

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