Special Retirement Award Agreement Sample Contracts

SPECIAL RETIREMENT AWARD AGREEMENT
Special Retirement Award Agreement • August 12th, 2021 • 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] certain rights to purchase up to: [# of options granted] total Shares for [exercise price $X.XX] 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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