Document:

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                                                                    Exhibit 4.8
FORM OF WARRANT--EXHIBIT B

                              SAFLINK Corporation

  THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933 OR ANY STATE SECURITIES LAWS AND, UNLESS SO REGISTERED,
MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EXEMPTION FROM, OR IN A
TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES
ACT AND APPLICABLE STATE SECURITIES LAWS.

                       WARRANT TO PURCHASE COMMON SHARES

  Warrant to purchase up to [____________] shares of the $0.01 par value common
stock of SAFLINK Corporation (subject to adjustment)

  This certifies that, for value received,      , or its successors or assigns
(the "Holder"), is entitled, subject to the terms set forth below, to purchase
from SAFLINK Corporation (the "Company") up to [_________] shares (the
"Warrant Shares") of the $0.01 par value common stock of the Company ("Common
Stock"), upon surrender of this certificate at 18650 N.E. 67th Court, Suite
210, Redmond, WA 98052, or such other place as the Company may designate in
writing to the Holder, and the simultaneous payment therefor in lawful money
of the United States of America of the Exercise Price (as hereinafter
defined). The number, character and Exercise Price of such shares are subject
to adjustment as provided herein. The term "Warrant" as used herein shall
include this certificate, the securities represented by this certificate and
any warrants delivered in substitution or exchange for this certificate as
provided herein.

  This Warrant is issued in connection with that certain loan agreement by and
among the Holder and the Company (the "Loan Agreement") dated as of      ,
2000 (the "Warrant Issue Date").

  1. Term of Warrant. Subject to the terms and conditions set forth herein,
this Warrant shall be exercisable, in whole or in part, during the period of
time (the "Exercise Period") commencing on the Warrant Issue Date and ending
at 5:00 p.m. on the last day of the sixtieth (60th) full calendar month after
the Warrant Issue Date.

  2. Exercise Price. Subject to Section 9(a), the price at which the Holder may
exercise this Warrant (the "Exercise Price") shall be at a fixed price of One
United States Dollar and Fifty Cents (U.S. $1.50) per share.

  3. Vesting of Warrant. Effective as of the Warrant Issue Date, the Warrant
shall be fully vested and exercisable, and the Holder shall have the right to
purchase up to [___________] shares of the Company's Common Stock pursuant to
the terms and conditions of this Warrant.

  4. Exercise of the Warrant. Subject to the provisions of Section 5 below,
the purchase rights represented by this Warrant are exercisable by the Holder,
in whole or in part, at any time, and from time to time during the Exercise
Period, by the Holder's surrender of this Warrant at 18650 N.E. 67th Court,
Suite 210, Redmond, WA 98052, or such other place as the Company may designate
in writing to Holder, and the simultaneous payment therefor in lawful money of
the United States of America of the Exercise Price in immediately available
funds. This Warrant shall be deemed exercised on the date immediately prior
thereto, and the Holder shall be entitled to receive the shares of Common
Stock of the Company and be treated for all purposes as the holder of record
of such shares as of the close of business on such date. As promptly as
practicable, but in no event later than 10 business days thereafter, the
Company shall issue and deliver, at its sole cost and expense, to the person
or persons entitled to receive the same a certificate or certificates for the
number of shares issuable upon such exercise. In the event that this Warrant
is exercised in part, the Company, at its sole cost and expense, shall execute
and deliver a new warrant of like tenor as this Warrant, exercisable for the
remaining number of shares for which this Warrant may then be exercised, and
shall cancel this Warrant only upon issuance of such new warrant. There shall
be no cashless conversion of the Warrant.

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  5. Redemption. This Warrant may be redeemed by the Company by giving written
notice of such redemption ("Warrant Redemption Notice") to the Holder on or
prior to the last day of the sixtieth (60th) full calendar month after the
Warrant Issue Date (the "Redemption"). The redemption price shall be three
hundred percent (300%) of the Exercise Price (the "Redemption Price"). The
Company shall be entitled to redeem the Warrant only in the event that the
last reported sale price on the principal securities exchange or market for
the Company's Common Stock equals or exceeds the Redemption Price for any
twenty (20) trading day period prior to such notice. The Redemption shall
occur within thirty (30) days of the Warrant Redemption Notice at a time place
and date selected by the Company at which time the Company shall pay the
Redemption Price and the Holder shall deliver to the Company in consideration
thereof this Warrant Certificate.

  6. Rights as a Stockholder. The Holder shall not be entitled to vote,
receive dividends or be deemed to be the owner of record of the shares of
Common Stock of the Company to which this Warrant relates unless and until the
Holder exercises this Warrant, and then the Holder shall enjoy such rights
only to the extent of such exercise.

  7. Transfer of Warrant.

    (a) Warrant Register. The Company will maintain a register (the "Warrant
  Register") maintaining the names and addresses of the Holder or Holders.
  Any Holder of this Warrant or any portion thereof may change his/her
  address as shown on the Warrant Register by written notice to the Company
  requesting such change. Any notice or written communication required or
  permitted to be given to the Holder may be delivered or given by mail to
  such Holder as shown on the Warrant Register and at the address shown on
  the Warrant Register. Until this Warrant is transferred on the Warrant
  Register of the Company, the Company may treat the Holder as shown on the
  Warrant Register as the absolute owner of this Warrant for all purposes,
  notwithstanding any notice to the contrary.

    (b) Warrant Agent. The Company may, by written notice to the Holder,
  appoint an agent for the purpose of maintaining the Warrant Register
  referred to in Section 6(a) above, issuing the Common Stock or other
  securities then issuable upon the exercise of this Warrant, exchanging this
  Warrant, replacing this Warrant, or any or all of the foregoing.
  Thereafter, any such registration, issuance, exchange, or replacement, as
  the case may be, shall be made at the office of such agent.

    (c) Exchange of Warrant upon a Transfer. On surrender of this Warrant for
  exchange, properly endorsed and subject to the provisions of this Warrant
  with respect to compliance with the Act and with the limitations on
  assignments and transfers and contained in this Section 7, the Company at
  its expense shall issue to or on the order of the Holder a new Warrant or
  Warrants of like tenor, in the name of the Holder or as the Holder (on
  payment by the Holder of any applicable transfer taxes) may direct, for the
  number of shares issuable upon exercise hereof.

    (d) Compliance with Securities Laws.

      (i) The Holder of this Warrant, by acceptance hereof, acknowledges
    that this Warrant and the shares of Common Stock to be issued upon
    exercise hereof are being acquired solely for the Holder's own account
    (and not as a nominee for any other party), and for investment (except
    to the extent that a distribution may be effected pursuant to the
    registration rights granted hereunder), and that the Holder will not
    offer, sell or otherwise dispose of this Warrant or any shares of the
    Common Stock to be issued upon exercise hereof except under
    circumstances that will not result in a violation of the Act or any
    state securities laws. Upon exercise of this Warrant, the Holder shall,
    if requested by the Company, confirm in writing, in a form satisfactory
    to the Company, that the shares of Common Stock so purchased are being
    acquired solely for the Holder's own account and not as a nominee for
    any other party, for investment, and not with a view toward
    distribution or resale (except to the extent that a distribution may be
    effected pursuant to the registration rights granted hereunder).

      (ii) This Warrant and all shares of Common Stock issued upon exercise
    hereof or conversion thereof shall be stamped or imprinted with a
    legend in substantially the following form (in addition to any legend
    required by state securities laws):

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      THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE
      SECURITIES ACT OF 1933 OR ANY STATE SECURITIES LAWS AND, UNLESS SO
      REGISTERED, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN
      EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION
      REQUIREMENTS OF THE SECURITIES ACT AND APPLICABLE STATE SECURITIES
      LAWS.

  8. Reservation of Stock. The Company covenants that during the Exercise
Period, the Company will reserve from its authorized and unissued shares of
Common Stock a sufficient number of shares to provide for the issuance of
Common Stock upon the exercise of the Warrant and, from time to time, will
take all steps necessary to amend its certificate of incorporation (the
"Certificate") to provide sufficient authorized reserved shares of Common
Stock issuable upon exercise of the Warrant. The Company further covenants
that all shares that may be issued upon exercise of the rights represented by
this Warrant and payment of the Exercise Price, all as set forth herein, will
be free from all taxes, liens and charges in respect of the issue hereof
(other than taxes in respect of any transfer occurring contemporaneously or
otherwise specified herein). The Company agrees that its issuance of this
Warrant shall constitute full authority to its officers who are charged with
the duty of executing stock certificates to execute and issue the necessary
certificates for shares of Common Stock upon the exercise of this Warrant.

  9. Registration Rights.

    (a) Registration Initiated by Company. If the Company at any time prior
  to the termination of this Section proposes to register an offering of its
  securities of the same class as the shares underlying the Warrant under the
  Securities Act of 1933 (the "Securities Act"), either for its own account
  or for the account of or at the request of one or more persons holding
  securities of the Company, the Company will:

      (i) give written notice thereof to the Holder (which shall include a
    list of the jurisdictions in which the Company intends to attempt to
    qualify such securities under the applicable blue sky or other state
    securities laws) within 10 business days of its receipt of a request
    from one or more persons holding securities of the Company to register
    securities, or from its decision to effect a registration of securities
    (other than securities to be registered on Form S-8 or S-4 or such
    successor forms as may be adopted by the Securities and Exchange
    Commission in connection with employee benefit plans or stock
    compensation arrangements or an acquisition) for its own account,
    whichever first occurs; and

      (ii) use its commercially reasonable efforts to include in such
    registration (and any related qualification under blue sky laws or
    other compliance), and in any underwriting involved therein, all the
    Registrable Shares (as defined herein) as specified in a written
    request by Holder made within 30 days after receipt of such written
    notice from the Company, except as set forth in Sections (b) and (c)
    below; provided, however, that if at any time after giving written
    notice to the Holder of its intention to register Company securities
    under the Securities Act, the Company shall determine not to register
    any such securities, the Company may, at its election, give written
    notice of such determination to the Holder and, thereupon, shall be
    relieved of its obligation to register such Registrable Shares pursuant
    to this Section 9 in connection with such registration, without
    prejudice, however, to any rights of the Holder to request that such
    registration be effected as a registration under other provisions of
    this Warrant, and provided further that if at any time after giving
    written notice to the Holder of its intention to register Company
    securities under the Securities Act, the Company shall determine to
    delay the registration of such securities or suspend the use of such
    registration statement, the Company shall be permitted to delay the
    registration of such shares underlying the Warrant or suspend the use
    of such registration statement for the same period as the delay in
    registering the securities to be registered by the Company or the
    suspension of the use of such registration statement for its own
    account or for others.

      For purposes of this Section 8, "Registrable Shares" means (i) the
    shares underlying the Warrant, and (ii) any shares of Common Stock
    issued as a dividend or other distribution with respect to, or in
    exchange for or in replacement of, the shares underlying the Warrant;
    provided, however, that any shares previously sold to the public
    pursuant to a registered public offering or pursuant to Rule 144 or

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    Rule 145 under the Securities Act, and any shares otherwise sold or
    transferred in a transaction in which the transferor's rights under
    this Warrant are not assigned in accordance with this Warrant, shall
    cease to be Registrable Securities.

    (b) Amount to be Included. In the event that shares underlying the
  Warrant are requested to be included in any registration initiated pursuant
  to Section (a) that contemplates an underwritten public offering, and if,
  in the good faith judgment of the managing underwriter of such public
  offering, the inclusion of all of the shares underlying the Warrant
  originally covered by a request for registration, together with the number
  or amount of securities that were intended to be offered by other persons
  holding securities of the Company who hold registration rights, would
  interfere with the successful marketing of such securities, then, such
  managing underwriter may limit the number or amount of securities to be
  included in the registration such that all persons holding securities of
  the Company (including the Holder) who hold registration rights and who
  have requested registration (collectively, the "Security Holders") shall
  participate in the underwritten public offering pro rata based upon the
  total number or amount of securities to be offered by the total number or
  amount of securities held by each Security Holder (including the number or
  amount of securities which each such Security Holder may then be entitled
  to receive upon the exercise of any option or warrant, or the exchange or
  conversion of any security, held by such Security Holder). If any such
  Security Holder would thus be entitled to include more securities than such
  Security Holder requested to be registered, the excess shall be allocated
  among the other Security Holders pro rata in a manner similar to that
  described in the previous sentence.

    (c) Underwriting. If the registration of which the Company gives notice
  is for a registered public offering involving an underwriting, the Company
  shall so advise the Holder as a part of the written notice given pursuant
  to Section (a). In such event, the right of each shareholder requesting
  registration pursuant to this Section 9 shall be conditioned upon its
  participation in such underwriting and the inclusion of the Registrable
  Shares in the underwriting to the extent provided herein (the "Requesting
  Shareholder"). The Requesting Shareholder shall (together with the Company
  and the other security holders (if any) distributing their securities
  through such underwriting) enter into an underwriting agreement in
  customary form with the underwriter or underwriters selected for such
  underwriting by the Company (including, without limitation, customary lock-
  up provisions as required by the underwriter). If the Requesting
  Shareholder disapproves of the terms of any such underwriting, it may elect
  to withdraw therefrom by written notice to the Company and the underwriter.
  Any Registrable Shares excluded or withdrawn from such underwriting shall
  be withdrawn from such registration.

    (d) Withdrawal from Registration. The Holder may, at any time prior to
  the effective date of the registration statement relating to such
  registration, revoke such request under this Section 9 by delivering
  written notice of such revocation to Company.

    (e) Expenses of Registration. The Company shall bear all Company
  registration expenses incurred in connection with each registration
  pursuant to Section 9, excluding any underwriting discounts, brokerage
  commissions, or similar expenses.

    (f) Maintaining an Effective Registration Statement. Except as otherwise
  provided herein, the Company shall keep such registration statement
  described in Section 9 effective until such time when the Holder shall have
  completed the offering and sale of the Common Stock described in such
  registration statement, provided such period of time shall not exceed 60
  days.

    (g) Termination of Registration Rights. The registration rights set forth
  in this Section 9 shall terminate in the event that all Registrable Shares
  are permitted to be sold pursuant to Rule 144 under the Securities Act in a
  three month period.

  10. Merger, Sale of Assets and other Fundamental Corporate Changes. If at
any time during the Exercise Period there shall be a sale of all or
substantially all of the Company's assets, or a merger, consolidation or
reorganization of the Company in which the Company is not the surviving
entity, or other transaction in which the shares of the Company are converted
into shares of another entity (a "Corporate Change Event"), the

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Company shall provide the Holder with written notice of such Corporate Change
Event at least ten (10) business days prior to the date on which a record will
be taken of stockholders of the Company with respect to such event (or, if the
Company notifies its stockholders of such record date less than ten (10)
business days prior to such record date, then the Company shall provide Holder
such notice at the same time that it provides its stockholders with such
notice).

  11. No Impairment. The Company shall not, by amendment of its charter,
through a reorganization, transfer of assets, consolidation, merger,
dissolution, issuance or sale of securities or any other voluntary action,
avoid or seek to avoid the observance or performance of any of the terms
required to be observed by the Company pursuant to this Warrant, and shall
assist in carrying out all of the provisions of this Warrant that may be
necessary or appropriate to protect Holder's rights hereunder against
impairment.

  12. Adjustments. The number of securities purchasable hereunder is subject
to adjustment from time to time during the Exercise Period in order to
preserve the value of this Warrant as follows:

    (a) If the Company at any time during the Exercise Period splits,
  subdivides or combines the securities as to which purchase rights under
  this Warrant exist into a different number of securities of the same class,
  the Holder shall be entitled to acquire a proportionate number of
  securities of the same class at a price per share that is also adjusted
  proportionately.

    (b) If the Company at any time during the Exercise Period changes any of
  the securities as to which purchase rights under this Warrant exist into
  another class of securities of the Company, this Warrant shall thereafter
  represent the right, but not the obligation, with respect to the securities
  that were subject to the purchase rights under this Warrant immediately
  prior to such change, to acquire such number of securities of such other
  class as would have been issuable as a result of such change had the Holder
  exercised this Warrant immediately prior to such change.

    (c) If at any time during the Exercise Period, the holders of the Common
  Stock of the Company become entitled to receive, without consideration
  therefor, other or additional stock or other securities or property (other
  than cash) of the Company, then this Warrant shall represent the right, but
  not the obligation, to acquire, in addition to the number of shares of the
  security receivable upon exercise of this Warrant that the Holder is
  otherwise entitled to acquire, and without payment of additional
  consideration for the right to acquire such additional property, the amount
  of such other or additional stock or other securities or property (other
  than cash) of the Company that such holder would have been entitled to
  receive had it been the holder of record of the security receivable to
  which purchase rights under this Warrant relate at the time the holders of
  the Company's Common Stock became entitled to receive such property.

  13. Miscellaneous.

    (a) Successors. All the covenants and provisions hereof by or for the
  benefit of the Company or the Holder shall bind and inure to the benefit of
  their respective successors and assigns, without regard to the conflict of
  laws provisions thereof.

    (b) Governing Law. This Warrant shall be deemed to be a contract made
  under the laws of the State of Delaware and for all purposes shall be
  construed in accordance with the laws of said State.

    (c) Saturdays, Sundays, Holidays. If the last or appointed day for the
  taking of any action or the expiration of any right required or granted
  herein shall be a Saturday or a Sunday or shall be a legal holiday in the
  State of Delaware, then such action may be taken or such right may be
  exercised on the next succeeding day not a legal holiday.

    (d) Amendment. This Warrant and any term hereof may not be changed,
  waived, discharged or amended except by an instrument in writing signed by
  the party against whom enforcement of such change, waiver, discharge or
  amendment is sought.

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  IN WITNESS WHEREOF, the Company has caused this Warrant to be executed by its
duly authorized officer.

Dated      .

                                          SAFLINK CORPORATION

                                          By: _________________________________
                                          Name: James W. Shepperd
                                          Title: Chief Financial Officer

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                          FORM OF ELECTION TO PURCHASE

  (To be executed by the Holder to exercise the right to purchase shares of
Common Stock under the foregoing Warrant)

To SAFLINK Corporation:

  In accordance with the Warrant enclosed with this Form of Election to
Purchase, the undersigned hereby irrevocably elects to purchase SAFLINK
Corporation shares of Common Stock ("Common Stock"), $.01 par value per share,
of SAFLINK Corporation, and encloses herewith $    in cash or certified or
official bank check or checks, which sum represents the aggregate Exercise
Price (as defined in the Warrant) for the shares of Common Stock available for
purchase under and pursuant to the Warrant, together with any applicable taxes
payable by the undersigned pursuant to the Warrant.

  The undersigned requests that certificates for the shares of Common Stock
issuable upon this exercise be issued in the name of:

--------------------------------------------------------------------------------

whose address is:

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and whose social security number or tax identification number is:

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------
(Please print name and address)

Dated:      ,

                                          [      ].:

                                          By: _________________________________
                                          Name:
                                          Title:

                                       7<PAGE>

                                                                   Exhibit 10.26

                          RESTRICTED STOCK AGREEMENT

         RESTRICTED STOCK AGREEMENT dated as of January 1, 2000 (the "Grant
Date") between UCAR International Inc. (the "Company") and Gilbert E. Playford
(the "Recipient").

                                   BACKGROUND

         The Board of Directors of the Company (the "Board") has determined that
it is in the best interests of the Company and its stockholders to provide
incentives to the Recipient by, among other things, granting him 100,000 shares
(the "Shares") of its common stock, par value $.01 per share (the "Common
Stock"), subject to the restrictions and conditions set forth herein. Except as
otherwise provided herein, all capitalized terms used but not defined herein
shall have the meanings ascribed to them in the Employment Agreement between the
Company and the Recipient, as in effect at the relevant time (the "Employment
Agreement").

         In consideration of the covenants contained herein and other good and
valuable consideration, receipt of which is hereby acknowledged, the parties
agree as follows:

                                   ARTICLE 1

                           GRANT OF RESTRICTED SHARES

        1.1      GRANT OF RESTRICTED SHARES.  The Shares are hereby granted to
the Recipient.  The Shares consist of treasury shares that have previously been
listed on the New York Stock Exchange.

        1.2      RESTRICTIONS. All of the Shares are subject to the restrictions
and conditions set forth in Article 2.

                                   ARTICLE 2

               VESTING AND OTHER RESTRICTIONS ON RESTRICTED SHARES

        2.1      UNVESTED SHARES.  All of the Shares are unvested.  Shares shall
vest as, but only as, provided in Section 2.2.

        2.2      VESTING.

                (a) The first 70,000 of the Shares shall vest on June 30, 2003
so long as the Recipient is then employed as a senior executive officer of the
Company. The remaining 30,000 of the Shares shall vest on December 31, 2004 so
long as the Recipient is then employed as a senior executive officer of the
Company.

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                (b) Notwithstanding Section 2.2(a), all unvested Shares shall
vest immediately upon:

                    (i)    Termination of Employment of the Recipient by reason
                           of the Recipient's death or Disability;

                    (ii)   Termination of Employment of the Recipient by the
                           Company without Cause, which for the purposes of
                           this Agreement includes Termination of Employment by
                           the Company to facilitate its pursuit of any
                           litigation initiated by the Company unless the Board
                           determines at the time of such Termination that the
                           Recipient has or may have liability to the Company in
                           connection with the subject matter of such lawsuit;
                           and

                    (iii)  Resignation by the Recipient from employment with
                           Company for Good Reason.

                (c) This Agreement does not change the procedural or other
provisions under the Employment Agreement applicable to a Termination of
Employment; provided, however, that, if the Board makes a determination
described in Sections 2.2(b)(ii) and 2.3 (c)(i)and it is subsequently determined
that the Recipient does not have such liability to the Company, then all
unvested Shares which are forfeited pursuant to Section 2.3(c)(i) by reason of
such determination shall be returned to the Recipient in full satisfaction of
all liability which the Company may have to the Recipient in respect of all
matters related to such forfeiture.

        2.3     FORFEITURE.

                (a)  Except to the extent vested under Section 2.2(b), all
Shares shall be forfeited on June 30, 2003 if the Recipient is not then employed
as a senior executive officer of the Company.

                (b)  Except to the extent vested under Section 2.2(a) or 2.2(b),
30,000 Shares shall be forfeited on December 31, 2004 if the Recipient is not
then employed as a senior executive officer of the Company.

                (c)  All unvested Shares shall be forfeited upon:

                     (i)    Termination of Employment of the Recipient by the
                            Company for Cause, which for purposes of this
                            Agreement includes Termination of Employment by the
                            Company upon a determination by the Board at the
                            time of such Termination that the Recipient has
                            or may have liability to the Company in connection
                            with the subject matter of any lawsuit mentioned in
                            Section 2.2(b)(ii);

                     (ii)   Resignation by the Recipient from employment with
                            the Company without Good Reason;

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                     (iii)  Retirement of the Recipient; or

                     (iv)   Termination of Employment of the Recipient with
                            Company at the end of the Term of the Employment
                            Agreement (regardless of which party gives
                            notice of non-renewal or the reasons therefor).

        2.4    REVERSION TO TREASURY SHARES. All Shares which are forfeited
pursuant to Section 2.3 shall automatically (and without further action by the
Company or the Recipient) revert back to the Company and shall thereupon again
constitute treasury shares.

        2.5    CERTIFICATES EVIDENCING SHARES.

               (a)  The Shares will be evidenced by two (2) stock certificates
in the amounts of 70,000 Shares and 30,000 Shares, respectively (the
"Certificates"). Prior to vesting, (i) the Certificates will be held by the
Company, together with blank stock powers executed by the Recipient, and (ii)
the Shares will be subject to stop transfer instructions given by the Company to
the transfer agent for the Common Stock. Upon the vesting of any Shares, the
Certificate evidencing such Shares and the related stock power will be given to
the Recipient. Upon forfeiture of any Shares, the Company will cancel the
Certificate(s) evidencing such Shares and destroy the related stock power(s).

               (b)  Each Certificate will bear a restrictive legend on its
reverse side in substantially the following form:

                  THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES
                  ACT OF 1933, AS AMENDED (THE "ACT"), OR THE SECURITIES LAWS OF
                  ANY STATE AND HAVE BEEN ISSUED IN RELIANCE UPON EXEMPTIONS
                  THEREFROM. THESE SECURITIES MAY NOT BE PLEDGED, HYPOTHECATED,
                  SOLD OR OTHERWISE TRANSFERRED IN THE ABSENCE OF EFFECTIVE
                  REGISTRATION UNDER THE ACT AND APPLICABLE STATE SECURITIES
                  LAWS OR AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT
                  REGISTRATION IS NOT REQUIRED THEREUNDER. THE TRANSFER OF THESE
                  SECURITIES IS RESTRICTED UNDER THE RESTRICTED STOCK AGREEMENT
                  DATED AS OF JANUARY 1, 2000 BETWEEN THE COMPANY AND GILBERT E.
                  PLAYFORD.

        2.6    TRANSFER OF SHARES.

               (a)  Unvested Shares cannot be transferred or pledged; provided,
however, that unvested Shares can be transferred to family members of the
Recipient and trusts for the benefit of the Recipient and such family members so
long as the proposed transferee (i) agrees in writing to be bound by the terms
of this Agreement, including those set forth in Articles 2 and 3, (ii) gives a
blank, executed stock power to the Company to be held with the Certificate
representing the Shares so transferred and (iii) complies with such other terms

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<PAGE>

and conditions as the Company may in good faith impose. Any attempt to effect a
transfer of unvested Shares other than in accordance with this Section 2.6(a)
shall be null and void.

               (b)  To the extent necessary to permit resale by the Recipient or
such family members or trusts of vested Shares, the Company will, upon request,
use reasonable efforts to register the resale of such Shares under the
Securities Act of 1933, as amended (the "Act"), so long as the Company is
permitted to do so on Form S-3 or S-8 or a similar abbreviated form and subject
to such terms and conditions as Company may in good faith impose.

                                   ARTICLE 3

                           INVESTMENT REPRESENTATIONS

        3.1   INVESTMENT REPRESENTATIONS. The Recipient hereby represents and
warrants that he is acquiring the Shares for investment solely for his own
account and not with a view to distribution of the Shares. The Recipient
acknowledges that neither the issuance nor the resale of the Shares has been
registered under the Act and that an instruction will be given to the Company's
transfer agent for the Common Stock that the Shares are subject to restrictions
on transfer in accordance with this Agreement.

                                   ARTICLE 4

                                  MISCELLANEOUS

        4.1   NOTICES. All notices, requests and demands given to a party must
be given in writing and shall be deemed to have been duly given or made when
delivered by hand or three days after being deposited in the mail, postage
prepaid, or, in the case of telecopy notice, when received, addressed as follows
or to such other address of which the intended receiving party shall have been
duly notified hereunder:

              (a)   If to the Company, to the following address:

                                   UCAR International Inc.
                                   3102 West End Avenue, Suite 1100
                                   Nashville, Tennessee  37203
                                   Attn: General Counsel
                                   Telecopy: (615) 760-7785

               (b)   If to the Recipient, to the following address:

                                    Gilbert E. Playford
                                    5200 St. Andrews Island Drive
                                    Grand Harbor
                                    Vero Beach, Florida  32967
                                    (561) 564-0936

        4.2    AMENDMENT.  This Agreement may be amended only by a writing
executed by the parties which specifically states that it is amending this
Agreement.

                                       4

<PAGE>

        4.3    GOVERNING LAW. This Agreement shall be governed by and construed
and enforced in accordance with the laws of the State of Delaware applicable to
contracts made and to be performed therein without regard to the conflicts of
law principles thereof.

        4.4    TITLES.  Titles are provided herein for convenience only and
shall not serve as a basis for interpretation or construction of this Agreement.

        4.5    COUNTERPARTS.  This Agreement may be executed in counterparts,
which together shall constitute one and the same instrument.

                  IN WITNESS WHEREOF, this Agreement has been executed and
delivered by the parties as of the date first written above.

RECIPIENT                                   UCAR INTERNATIONAL INC.

 /s/ G. E. Playford                         By: /s/ Karen G. Narwold
----------------------------                   --------------------------------
    Gilbert E. Playford                     Name: Karen G. Narwold
                                                 ------------------------------
                                            Title: Vice President
                                                  -----------------------------

                                       5
<PAGE>

                                   STOCK POWER

FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers unto

-------------------------------------------------------------------------------

              ----------------------------------------------------
      Please insert social security or other identifying number of assignee

                                **SEVENTY THOUSAND**
              ------------------------------------------- (70,000) shares of the
Common Stock of UCAR International Inc. standing in his name on the books of
said Corporation represented by Certificate No.    UC0360      herewith and does
                                                -------------
hereby irrevocably constitute and appoint ______________________ attorney to
transfer the said shares on the books of said Corporation with full power of
substitution in the premises.

                                                /s/ G. E. Playford
Dated: _____________________                    _____________________________
                                                   Gilbert E. Playford

In presence of

________________________________

                                       6

<PAGE>

                                   STOCK POWER

FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers unto

-------------------------------------------------------------------------------

              ----------------------------------------------------
      Please insert social security or other identifying number of assignee

                                **THIRTY THOUSAND**
              ------------------------------------------- (30,000) shares of the
Common Stock of UCAR International Inc. standing in his name on the books of
said Corporation represented by Certificate No. _____________  herewith and does
hereby irrevocably constitute and appoint ______________________ attorney to
transfer the said shares on the books of said Corporation with full power of
substitution in the premises.

                                                /s/ G. E. Playford
Dated: _____________________                    _____________________________
                                                   Gilbert E. Playford

In presence of

________________________________

                                       7

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