0001158957-11-000069 Sample Contracts

INTERNATIONAL ISOTOPES INC. CLASS J WARRANT
International Isotopes Inc • March 31st, 2011 • Industrial instruments for measurement, display, and control • New York

International Isotopes Inc., a Texas corporation (the “Company”), hereby certifies that, for value received, __________________ or its registered assigns (the “Holder”), is entitled to purchase from the Company up to a total of ______shares of common stock, $0.01 par value per share (the “Common Stock”), of the Company (each such share, a “Warrant Share” and all such shares, the “Warrant Shares”) at an exercise price equal to $0.43 per share (as adjusted from time to time as provided in Section 9, the “Exercise Price”), at any time and from time to time from and after March 25, 2011 and through and including September 25, 2011 (the “Expiration Date”), and subject to the following terms and conditions.

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MODIFICATION #1 TO THE AGREEMENNT
International Isotopes Inc • March 31st, 2011 • Industrial instruments for measurement, display, and control

THIS MODIFICATION #1 is made to the Amended and Restated Employment Agreement entered into on June 23, 2010 by and between INTERNATIONAL ISOTOPES INC., a public corporation incorporated in the state of Texas (hereinafter “INIS”) and STEPHEN LAFLIN, (hereinafter “Mr. Laflin”).

MODIFICATION #2 TO THE AGREEMENNT
International Isotopes Inc • March 31st, 2011 • Industrial instruments for measurement, display, and control

THIS MODIFICATION #2 is made to the Amended and Restated Employment Agreement entered into on June 23, 2010 by and between INTERNATIONAL ISOTOPES INC., a public corporation incorporated in the state of Texas (hereinafter “INIS”) and STEPHEN LAFLIN, (hereinafter “Mr. Laflin”).

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