0001144204-12-063216 Sample Contracts

WORLD SURVEILLANCE GROUP INC. NON-QUALIFIED STOCK OPTION AGREEMENT
Non-Qualified Stock Option Agreement • November 15th, 2012 • World Surveillance Group Inc. • Telephone communications (no radiotelephone) • Delaware

This option satisfies in full all commitments that the Company has to the Optionee with respect to the issuance of stock, stock options or other equity securities.

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NON-QUALIFIED STOCK OPTION AGREEMENT
World Surveillance • November 15th, 2012 • World Surveillance Group Inc. • Telephone communications (no radiotelephone) • Delaware

This option satisfies in full all commitments that the Company has to the Optionee with respect to the issuance of stock, stock options or other equity securities.

Agreement
Restricted Stock Agreement • November 15th, 2012 • World Surveillance Group Inc. • Telephone communications (no radiotelephone) • Delaware

This Agreement (the “Agreement”) between Glenn D. Estrella (“Estrella”), W. Jeffrey Sawyers (“Sawyers”) and Barbara M. Johnson (“Johnson,” and together with Estrella and Sawyers, the “Employees”) and World Surveillance Group Inc. (the “Company”) is effective on November 13, 2012 (the "Effective Date"), and is entered into by and between Estrella, the Company’s President and Chief Executive Officer, with an address of 1608 Sheridan Drive, Wall Township, NJ 07753, Sawyers, the Company’s Chief Financial Officer and Treasurer, with an address of 131 Calabria Springs Cove, Sanford, FL 32771, Johnson, the Company’s Vice President, General Counsel and Secretary, with an address of 2700 Harbortown Drive, Merritt Island, FL 32952, and the Company, a Delaware corporation with offices at State Road 405, Building M6-306A, Room 1400, Kennedy Space Center, FL 32815.

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