Option Exercise and Stock Issuance Agreement Sample Contracts

Notice of Grant of Stock Options and Option Agreement Electronic Sensor Technology, Inc., a Nevada corporation

Option Exercise and Stock Issuance Agreement • April 15th, 2005 • Electronic Sensor Technology, Inc • Mining & quarrying of nonmetallic minerals (no fuels) • California

• Contract Type
  Option Exercise and Stock Issuance Agreement
• Filed
  April 15th, 2005
• Company
  Electronic Sensor Technology, Inc
• Industry
  Mining & quarrying of nonmetallic minerals (no fuels)
• Jurisdiction
  California

Effective ___________ (the "Grant Date"), you have been granted a [Non-Statutory Stock Option/Incentive Stock Option] to purchase ___________________ shares of Electronic Sensor Technology, Inc., a Nevada corporation (the "Corporation"), Common Stock at $____ per share, subject to the vesting provisions set forth below (the "Option").