0000950123-06-008486 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • June 30th, 2006 • First Albany Companies Inc • Security brokers, dealers & flotation companies • New York

EMPLOYMENT AGREEMENT (this “Agreement”), dated as of June 30, 2006 (the “Effective Date”), between FIRST ALBANY COMPANIES INC., a New York corporation (the “Company”), and BRIAN COAD (the “Executive”).

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RESTRICTED SHARE AWARD AGREEMENT pursuant to the FIRST ALBANY COMPANIES INC. 1999 LONG-TERM INCENTIVE PLAN
Restricted Share Award Agreement • June 30th, 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

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