0001104659-05-045484 Sample Contracts

MEDICALCV, INC. DIRECTOR STOCK OPTION AGREEMENT PURSUANT TO 2005 DIRECTOR STOCK OPTION PLAN
Director Stock Option Agreement • September 23rd, 2005 • Medicalcv Inc • Surgical & medical instruments & apparatus • Minnesota

OPTION AGREEMENT dated as of , by and between MedicalCV, Inc., a Minnesota corporation (the “Company”), and , an individual eligible to receive options under the Plan (“Optionee”). Unless otherwise defined herein, capitalized terms shall have the meaning set forth in the Company’s 2005 Director Stock Option Plan.

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