0000950156-09-000111 Sample Contracts

IGI LABORATORIES, INC. NON-QUALIFIED STOCK OPTION AWARD AGREEMENT
Non-Qualified Stock Option Award Agreement • June 30th, 2009 • Igi Inc • Biological products, (no disgnostic substances) • Delaware

THIS NON-QUALIFIED STOCK OPTION AWARD AGREEMENT (this “Agreement”) is made as of June 29, 2009 (the “Effective Date”), between IGI Laboratories, Inc. (the “Company”) and Hemanshu Pandya (the “Optionee”).

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IGI LABORATORIES, INC. FORM OF AWARD AGREEMENT FOR RESTRICTED SHARES
Award Agreement • June 30th, 2009 • Igi Inc • Biological products, (no disgnostic substances) • Delaware

THIS AWARD AGREEMENT FOR RESTRICTED SHARES (this “Agreement”) is made as of ___________, 2009 (the “Effective Date”), between IGI Laboratories, Inc. (the “Company”) and Hemanshu Pandya (the “Grantee”).

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NON-QUALIFIED STOCK OPTION AWARD AGREEMENT
Non-Qualified Stock Option Award Agreement • June 30th, 2009 • Igi Inc • Biological products, (no disgnostic substances) • Delaware

THIS NON-QUALIFIED STOCK OPTION AWARD AGREEMENT (this “Agreement”) is made as of June 1, 2009 (the “Effective Date”), between IGI Laboratories, Inc. (the “Company”) and Bijoy K. Singh (the “Optionee”).

Sample 1
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