Document:

MARLTON TECHNOLOGIES, INC.
                             STOCK OPTION AGREEMENT

            THIS STOCK OPTION (the "Option") is granted as of the 20th day of
December 2004, by MARLTON TECHNOLOGIES, INC., a Pennsylvania corporation (the
"Company") to SCOTT J. TARTE (the "Optionee").

                              W I T N E S S E T H :

            1. Grant. Pursuant to the Company's 2001 Equity Incentive Plan (the
"Plan"), the Company hereby grants to the Optionee Stock Options (the "Options")
to purchase on the terms and conditions set forth herein, an aggregate of One
Hundred Twenty-Five Thousand (125,000) shares (appropriately adjusted for any
subsequent stock splits, stock combinations or similar capital restructuring) of
the Company's Common Stock, no par value per share (the "Option Shares"), at a
purchase price per share of Eight-two and One-half Cents ($.825) (the "Option
Price").

            2. Term. This Option Agreement and Optionee's right to exercise
Options vested in accordance with Paragraph 3 shall terminate on the earlier of
(i) December 19, 2009, or (ii) upon termination of Optionee's employment or
Employment Agreement with the Company, provided that in the event of termination
due to Optionee's death or disability, Optionee (or Optionee's spouse or estate)
may exercise this Option Agreement for a period of six months following the date
of termination as to Options fully vested on or before the date of termination.

            3. Vesting. The Options will vest in full on the date of this
Agreement.

            4. Method of Exercise and Payment. Vested Options may be exercised
from time to time, in whole or in part. The Option may be exercised by written
notice to the Company specifying the total number of Option Shares to be
exercised. The notice shall be accompanied by payment in cash or by check equal
to the aggregate Option Price of all Option Shares covered by such notice.

            5. Notices. Any notice to be given to the Company shall be addressed
to the Company at its principal executive office, and any notice to be given to
the Optionee shall be addressed to the Optionee at the address then appearing on
the records of the Company or at such other address as either party hereafter
may designate in writing to the other. Any such notice shall be deemed to have
been duly given when deposited in the United States mail, addressed as
aforesaid, registered or certified mail, and with proper postage and
registration or certification fees prepaid.

            6. General. This Option shall not be assignable by Optionee. Stock
certificates representing the Option Shares acquired shall bear any legends
required by applicable state and federal securities laws. Company stock
issuances are unregistered, requiring a one year holding period.

            7. Tax Provision. This Option Agreement shall be interpreted and
construed in a manner consistent with, and to satisfy the requirements of, the
incentive stock option provisions of the Internal Revenue Code of 1986, as it
may be amended from time to time (the "Code") and of the Plan. This Option
Agreement is intended to satisfy the requirements of the Plan, Section 422A(b)
of the Code and qualify for special tax treatment under Section 421 et seq. of
the Code.

            IN WITNESS WHEREOF, the parties have executed this Option Agreement
as of the day and year first above written.

                                           MARLTON TECHNOLOGIES, INC.

Attest:

______________________________             By:____________________________
Alan I. Goldberg, Secretary                    Robert B. Ginsburg, President

Witness:

______________________________                ____________________________
                                              Optionee:  Scott J. TarteMay 12, 2005

Mr. Scott Tarte
Marlton Technologies, Inc.
2828 Charter Road
Philadelphia, PA 19154

Re:  Employment Agreement dated November 20, 2001

Dear Scott:

      Confirming the actions of the Compensation Committee of the Board of
Directors of Marlton Technologies, Inc. ("Company"):

      Effective January 1, 2005, your annual base salary was increased to
$250,000.

      As described in Note 7 of the Item 11 Summary Compensation Table included
in the Company's Form 10-K/A for the fiscal year ended December 31, 2004, you
have waived (i) your rights to the salary reductions described in Notes 2, 3 and
6 of such Table, and (ii) except as contemplated by Note 4 to such Table, your
entitlement pursuant to your Employment Agreement to parity with Jeffrey Harrow
and Robert B. Ginsburg in salary and bonus for all periods through December 31,
2004.

      The Company shall provide you with reimbursement of life and disability
insurance premiums of up to $9,500 per year.

      The provisions of your Employment Agreement relating to the above subject
matter are superseded by this amendment; otherwise the Employment Agreement
shall remain in full force and effect in accordance with its terms and shall
constitute the legal, valid and binding agreement of the Company.

                                       ---------------------------------
                                       Richard Vague
                                       Chairman of Compensation Committee

Agreed this _____ day of May, 2005.

----------------------------------
           Scott TarteMay 12, 2005

Mr. Jeffrey Harrow
Marlton Technologies, Inc.
2828 Charter Road
Philadelphia, PA 19154

Re:  Employment Agreement dated November 20, 2001

Dear Jeff:

      Confirming the actions of the Compensation Committee of the Board of
Directors of Marlton Technologies, Inc. ("Company"):

      Effective January 1, 2005, your annual base salary was increased to
$250,000.

      As described in Note 7 of the Item 11 Summary Compensation Table included
in the Company's Form 10-K/A for the fiscal year ended December 31, 2004, you
have waived (i) your rights to the salary reductions described in Notes 2, 3 and
6 of such Table, and (ii) except as contemplated by Note 4 to such Table, your
entitlement pursuant to your Employment Agreement to parity with Scott Tarte and
Robert B. Ginsburg in salary and bonus for all periods through December 31,
2004.

      The Company shall provide you with reimbursement of life and disability
insurance premiums of up to $9,500 per year.

      The provisions of your Employment Agreement relating to the above subject
matter are superseded by this amendment; otherwise the Employment Agreement
shall remain in full force and effect in accordance with its terms and shall
constitute the legal, valid and binding agreement of the Company.

                                       ---------------------------------
                                       Richard Vague
                                       Chairman of Compensation Committee

Agreed this _____ day of May, 2005.

----------------------------------
         Jeffrey HarrowMay 12, 2005

Mr. Robert Ginsburg
Marlton Technologies, Inc.
2828 Charter Road
Philadelphia, PA 19154

Re:  Employment Agreement dated November 20, 2001

Dear Bob:

      Confirming the actions of the Compensation Committee of the Board of
Directors of Marlton Technologies, Inc. ("Company"):

      Effective January 1, 2005, your annual base salary was changed to $200,000
based on your commitment to devote not less than 80% of your business time to
Marlton, subject to further adjustment, based on an annual rate of $250,000 for
100% of your business time, if and when you devote more or less of your business
time to the Company.

      As described in Note 7 of the Item 11 Summary Compensation Table included
in the Company's Form 10-K/A for the fiscal year ended December 31, 2004, you
have waived (i) your rights to the salary reductions described in Notes 2, 3 and
6 of such Table, and (ii) except as contemplated by Note 4 to such Table, your
entitlement pursuant to your Employment Agreement to parity with Scott Tarte and
Jeffrey Harrow in salary and bonus for all periods through December 31, 2004.

      The following phrase shall be added to the end of the last sentence of
Section 5(a) of your Employment Agreement: ", subject to proportionate reduction
in the event the Employee devotes less than 100% of his business time to the
Company."

      The Company shall provide you with reimbursement of life and disability
insurance premiums of up to $9,500 per year.

      You have waived the requirement under your Employment Agreement and under
the Stockholders' Agreement dated November 20, 2001 that the Company and its
Board of Directors use their best efforts to cause you to be elected and
re-elected to the Company's Board of Directors, as long as the Company provides
you with Board observer rights allowing you to receive notice and all materials
for Board meetings as provided to Board members and the right to attend Board
meetings without voting rights.

      The provisions of your Employment Agreement relating to the above subject
matter are superseded by this amendment; otherwise the Employment Agreement
shall remain in full force and effect in accordance with its terms and shall
constitute the legal, valid and binding agreement of the Company.

                                       ---------------------------------
                                       Richard Vague
                                       Chairman of Compensation Committee

Agreed this _____ day of May, 2005.

----------------------------------
       Robert B. GinsburgMay 12, 2005

Mr. Alan I. Goldberg
Marlton Technologies, Inc.
2828 Charter Road
Philadelphia, PA 19154

Re:  Employment Agreement dated December 11, 1992, as amended

Dear Alan:

      Confirming the actions of the Compensation Committee of the Board of
Directors of Marlton Technologies, Inc. ("Company"):

      Effective January 1, 2005 and in accordance with the terms of your
Employment Agreement, your annual base salary was changed to $184,481 for your
employment on a thirty hour per week basis.

      Your Employment Agreement entitlement to future annual salary increases of
3% will be eliminated, and your salary will be reviewed annually by the Company
to consider future increases in your salary, consistent with the Company's
general consideration for senior level executives of the Company.

      Effective January 1, 2005, your existing bonus plan will be replaced with
a bonus plan to be determined annually by the Company, consistent with the
Company's general consideration for senior level executives of the Company.

      As described in Note 7 of the Item 11 Summary Compensation Table included
in the Company's Form 10-K/A for the fiscal year ended December 31, 2004, you
have waived your rights to the salary reductions described in Notes 2, 3 and 6
of such Table.

      The Company shall provide you with reimbursement of life and disability
insurance premiums of up to $9,500 per year.

      You have waived the requirement under your Employment Agreement that the
Company and its Board of Directors use their best efforts to cause you to be
elected and re-elected to the Company's Board of Directors, as long as the
Company provides you with Board observer rights allowing you to receive notice
and all materials for Board meetings as provided to Board members and the right
to attend Board meetings without voting rights.

      The provisions of your Employment Agreement relating to the above subject
matter are superseded by this amendment; otherwise the Employment Agreement
shall remain in full force and effect in accordance with its terms and shall
constitute the legal, valid and binding agreement of the Company.

                                       ---------------------------------
                                       Richard Vague
                                       Chairman of Compensation Committee

Agreed this _____ day of May, 2005.

----------------------------------
         Alan I. Goldberg

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