0000782842-06-000028 Sample Contracts

SURRENDER OF SUBLEASE AGREEMENT
Surrender of Sublease Agreement • May 10th, 2006 • First Albany Companies Inc • Security brokers, dealers & flotation companies • New York

AGREEMENT dated April 28, 2006 (this "Agreement"), by and between DEUTSCHE BANK AG, NEW YORK BRANCH, a Germany banking corpo­ration qualified to do business in the State of New York, having an office at 60 Wall Street, Mail Stop NYC60-3430, New York, New York 10005 ("Sublandlord") and FIRST ALBANY COMPANIES, INC., a New York corporation, having an office at c/o First Albany Capital Inc., 677 Broadway, Albany, New York 12207 ("Subtenant").

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FORM OF RESTRICTED STOCK AGREEMENT] RESTRICTED SHARE AWARD AGREEMENT pursuant to the FIRST ALBANY COMPANIES INC.
Restricted Share Award Agreement • May 10th, 2006 • First Albany Companies Inc • Security brokers, dealers & flotation companies • New York

THIS AWARD AGREEMENT (this “Agreement”), dated as of the Grant Date specified above, is entered into by and between First Albany Companies Inc., (the “Company”), and the Participant specified above, pursuant to the First Albany Companies Inc. 1999 Long-Term Incentive Plan as in effect and as amended from time to time (the “Plan”); and

Agreement
Agreement • May 10th, 2006 • First Albany Companies Inc • Security brokers, dealers & flotation companies

This Agreement (this “Agreement”), dated as of April 28, 2006, is entered into by and between First Albany Companies Inc., a New York corporation having an office at 677 Broadway, Albany, New York 12207 (“FA”) and Lehman Brothers Holdings Inc., a Delaware corporation having an office at 745 Seventh Avenue, New York, New York 10019 (“Lehman”).

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