0001437749-20-017743 Sample Contracts

Non-Qualified Stock Option Award Agreement
Award Agreement • August 13th, 2020 • Sypris Solutions Inc • Industrial instruments for measurement, display, and control

Effective as of [day/month/year] (“Grant Date”), the Company hereby grants to [Optionee Name] an option (the “Options”) to purchase up to: [# of options granted] shares of Common Stock (each, a “Share” and collectively, the “Shares”) for $ [Price] per Share until the [6th anniversary of grant date] (“Expiration Date”) on the terms of this Agreement (the “Terms”) and the 2020 Sypris Omnibus Plan (“Plan”) as follows:

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Non-Qualified Stock Option Award Agreement
Award Agreement • August 13th, 2020 • Sypris Solutions Inc • Industrial instruments for measurement, display, and control

Effective as of [month/day/year] (“Grant Date”), the Company hereby grants to [Optionee Name] an option (the “Options”) to purchase up to: [# of options granted] shares of Common Stock (each, a “Share” and collectively, the “Shares”) for $ [Price] per Share until [5th anniversary of the grant date] (the “Expiration Date”) on the terms of this Agreement (the “Terms”) and the 2020 Sypris Omnibus Plan (as amended from time to time, the “Plan”) as follows:

Non-Qualified Stock Options
Sypris Solutions Inc • August 13th, 2020 • Industrial instruments for measurement, display, and control

Effective as of [month/day/year] (“Grant Date”), the Company hereby grants to [Optionee Name] certain rights to purchase up to: [# of options granted] total Shares for $ [Price] per Share until [5th Anniversary of Grant Date] (“Expiration Date”) on the Terms of this Agreement, the attached Program, and the 2020 Sypris Omnibus Plan (“Plan”) as follows:

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