0001193125-06-230441 Sample Contracts

PROGRESSIVE GAMING INTERNATIONAL CORPORATION Equity Incentive Plan
Stock Option Agreement • November 9th, 2006 • Progressive Gaming International Corp • Miscellaneous manufacturing industries

THIS STOCK OPTION AGREEMENT (“Agreement”) is made as of the date set forth below on which this Option was conditionally granted (“Date of Issuance”), between Progressive Gaming International Corporation, a Nevada corporation (the “Company”), and the Optionee named above (including any permitted successor, the “Optionee”). This Option is subject to all of the terms and conditions of the Progressive Gaming International Corporation 2005 Equity Incentive Plan (as from time to time amended, the “Plan”).

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PROGRESSIVE GAMING INTERNATIONAL CORPORATION DIRECTOR STOCK OPTION PLAN STOCK OPTION AGREEMENT
Stock Option Agreement • November 9th, 2006 • Progressive Gaming International Corp • Miscellaneous manufacturing industries

THIS STOCK OPTION AGREEMENT (“Agreement”) is made as of the Date of Issuance set forth below above, between Progressive Gaming International Corporation, a Nevada corporation (the “Company”), and the non-employee member of the Board of Directors of the Company named above (the “Optionee”) covering the issuance to the Optionee of a non-qualified stock option (the “Option”) under the Progressive Gaming International Corporation Director Stock Option Plan (as from time to time amended, the “Plan”).

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