0001193125-08-126635 Sample Contracts

CHARLES & COLVARD, LTD. Independent Contractor Nonqualified Stock Option Agreement
Stock Option Agreement • June 2nd, 2008 • Charles & Colvard LTD • Jewelry, silverware & plated ware • North Carolina

THIS AGREEMENT (together with Schedule A, attached hereto, the “Agreement”), effective as of , 200 (the “Grant Date”), between CHARLES & COLVARD, LTD., a North Carolina corporation (the “Corporation”), and , an individual in service to the Corporation or an Affiliate (the “Participant”);

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CHARLES & COLVARD, LTD. Restricted Stock Award Agreement
Restricted Stock Award Agreement • June 2nd, 2008 • Charles & Colvard LTD • Jewelry, silverware & plated ware • North Carolina

THIS AGREEMENT (together with Schedule A, attached hereto, the “Agreement”), made effective as of , 200 (as defined below, the “Grant Date”), between CHARLES & COLVARD, LTD., a North Carolina corporation (the “Corporation”), and , an Employee, Director or Independent Contractor of the Corporation or an Affiliate (the “Participant”);

CHARLES & COLVARD, LTD. Employee Incentive Stock Option Agreement
Employee Incentive Stock Option Agreement • June 2nd, 2008 • Charles & Colvard LTD • Jewelry, silverware & plated ware • North Carolina

THIS AGREEMENT (together with Schedule A, attached hereto, the “Agreement”), effective as of , 200 (the “Grant Date”), between CHARLES & COLVARD, LTD., a North Carolina corporation (the “Corporation”), and , an Employee of the Corporation or an Affiliate (the “Participant”);

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