Re: Amendment to Extend the Exercise Period of Vested Stock OptionsLetter Agreement • April 8th, 2016 • Griffin Industrial Realty, Inc. • Real estate • Delaware
This letter agreement (the “Letter Agreement”) sets forth the understanding by and between you and Griffin Industrial Realty, Inc., a Delaware corporation (the “Company”), regarding the exercise period with respect to your options to purchase an aggregate of 7,277 shares of the Company’s common stock, par value $0.001 per share (such options, the “Options”) pursuant to the 2009 Stock Option Plan, as amended (the “Stock Option Plan”), and those certain Non-Qualified Stock Option Agreements by and between the Company and you, dated as of May 12, 2009, May 11, 2010, May 10, 2011, May 17, 2012 and May 14, 2013 (the “Stock Option Agreements”) following your Termination of Directorship (as defined in the applicable Stock Option Agreement) on January 19, 2016. For the avoidance of doubt, this Letter Agreement does not apply to your options granted pursuant to those certain Non-Qualified Stock Option Agreements by and between the Company and you, dated as of May 13, 2014 and May 12, 2015. Capi
