Document:

Exhibit 4.13

 

Miromatrix Medical Inc.

Non-Qualified Stock Option Agreement

Under the 2021 Equity Incentive Plan

 

Miromatrix Medical Inc. (the
 “Company”), pursuant to its 2021 Equity Incentive Plan (the “Plan”), hereby grants an Option to purchase shares
of the Company’s common stock to you, the Participant named below. The terms and conditions of the Option Award are set forth in
this Agreement, consisting of this cover page and the Option Terms and Conditions on the following pages, and in the Plan document, a
copy of which has been provided to you. Any capitalized term that is not defined in this Agreement shall have the meaning set forth in
the Plan as it currently exists or as it is amended in the future.

 

	Name
    of Participant:           **[_______________________]
	No. of Shares Covered:     **[_______]	Grant Date:	__________, 20__
	Exercise Price Per Share:         $**[______]	Expiration Date:	__________, 20__
	Vesting and Exercise Schedule:
	
     

    Dates

    

     
	
    Portion of Shares as to Which

    Option Becomes Vested and Exercisable

    

     

	 	 	 

By signing below or otherwise evidencing
your acceptance of this Agreement in a manner approved by the Company, you agree to all of the terms and conditions contained in this
Agreement and in the Plan document. You acknowledge that you have received and reviewed these documents and that they set forth the entire
agreement between you and the Company regarding your right to purchase shares of the Company’s common stock pursuant to this Option.

 

	PARTICIPANT:	 	Miromatrix Medical Inc.:
	 	 	 	 
	 	 	By:	
	 	 	Title:	

 

     

     

    

 

Miromatrix Medical Inc.

2021 Equity Incentive Plan

Non-Qualified Stock Option Agreement

 

Option Terms and Conditions

 

		1.	Non-Qualified Stock Option. This Option is not intended to be an “incentive
stock option” within the meaning of Section 422 of the Internal Revenue Code and will be interpreted accordingly.

 

		2.	Vesting and Exercisability of Option.

 

(a)       Scheduled
Vesting. This Option will vest and become exercisable as to the number of Shares and on the dates specified in the Vesting and Exercise
Schedule on the cover page to this Agreement, so long as your Service to the Company does not end. The Vesting and Exercise Schedule is
cumulative, meaning that to the extent the Option has not already been exercised and has not expired or been terminated or cancelled,
you or the person otherwise entitled to exercise the Option as provided in this Agreement may at any time purchase all or any portion
of the Shares subject to the vested portion of the Option.

 

(b)       Accelerated
Vesting. Notwithstanding Section 2(a), if and to the extent this Option is continued, assumed or replaced in connection with a Change
in Control, and if during the twenty-four months after such Change in Control your Service is terminated by the Company other than for
Cause, then this Option (or any replacement award) shall immediately vest and become exercisable in full and shall remain exercisable
for one year following your termination of Service. In addition, vesting and exercisability of this Option may be accelerated during the
term of the Option under the circumstances described in Sections 12(b) and 12(c) of the Plan, and at the discretion of the Committee in
accordance with Section 3(b)(2) of the Plan.

 

		3.	Expiration. This Option will expire and will no longer be exercisable at 5:00 p.m.
Central Time on the earliest of:

 

		(a)	The expiration date specified on the cover page of this Agreement;

 

		(b)	Upon your termination of Service for Cause;

 

		(c)	Upon the expiration of any applicable period specified in Section 6(e) of the Plan or Section 2 of this
Agreement during which this Option may be exercised after your termination of Service; or

 

		(d)	The date (if any) fixed for termination or cancellation of this Option pursuant to Section 12 of
the Plan.

 

		4.	Service Requirement. Except as otherwise provided in Section 6(e) of the Plan or Section
2 of this Agreement, this Option may be exercised only while you continue to provide Service to the Company or any Affiliate, and only
if you have continuously provided such Service since the Grant Date of this Option.

 

		5.	Exercise of Option. Subject to Section 4, the vested and exercisable portion of this Option
may be exercised in whole or in part at any time during the Option term by delivering a written or electronic notice of exercise to [•]
or to such other party as may be designated by such officer, and by providing for payment of the exercise price of the Shares being acquired
and any related withholding taxes. The notice of exercise must be in a form approved by the Company and state the number of Shares to be purchased, the method of payment
of the aggregate exercise price and the directions for the delivery of the Shares to be acquired, and must be signed or otherwise authenticated
by the person exercising the Option. If you are not the person exercising the Option, the person submitting the notice also must submit
appropriate proof of his/her right to exercise the Option.

 

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		6.	Payment of Exercise Price. When you submit your notice of exercise, you must include payment
of the exercise price of the Shares being purchased through one or a combination of the following methods:

 

		(a)	Cash (including personal check, cashier’s check or money order);

 

		(b)	By means of a broker-assisted cashless exercise in which you irrevocably instruct your broker to deliver
proceeds of a sale of all or a portion of the Shares to be issued pursuant to the exercise to the Company in payment of the exercise price
of such Shares; or

 

		(c)	By delivery to the Company of Shares (by actual delivery or attestation of ownership in a form approved
by the Company) already owned by you that are not subject to any security interest and that have an aggregate Fair Market Value on the
date of exercise equal to the exercise price of the Shares being purchased; or

 

		(d)	By authorizing the Company to retain, from the total number of Shares as to which the Option is being
exercised, that number of Shares having a Fair Market Value on the date of exercise equal to the exercise price for the total number of
Shares as to which the Option is being exercised.

 

However, if the Committee
determines, in any given circumstance, that payment of the exercise price with Shares or by authorizing the Company to retain Shares is
undesirable for any reason, you will not be permitted to pay any portion of the exercise price in that manner.

 

		7.	Withholding Taxes. You may not exercise this Option in whole or in part unless you make
arrangements acceptable to the Company for payment of any federal, state, local or foreign withholding taxes that may be due as a result
of the exercise of this Option. You hereby authorize the Company (or any Affiliate) to withhold from payroll or other amounts payable
to you any sums required to satisfy such withholding tax obligations, and otherwise agree to satisfy such obligations in accordance with
the provisions of Section 14 of the Plan. Unless otherwise determined by the Committee, you may satisfy such withholding tax obligations
by delivering Shares you already own or by having the Company retain a portion of the Shares being acquired upon exercise of the Option,
provided you notify the Company in advance of any exercise of your desire to pay withholding taxes in this manner. Delivery of Shares
upon exercise of this Option is subject to the satisfaction of applicable withholding tax obligations.

 

		8.	Delivery of Shares. As soon as practicable after the Company receives the notice of exercise
and payment of the exercise price as provided above, and has determined that all other conditions to exercise, including satisfaction
of withholding tax obligations and compliance with applicable laws as provided in Section 16(c) of the Plan, have been satisfied, it shall
deliver to the person exercising the Option, in the name of such person, the Shares being purchased, as evidenced by issuance of a stock
certificate or certificates, electronic delivery of such Shares to a brokerage account designated by such person, or book-entry registration
of such Shares with the Company’s transfer agent. The Company shall pay any original issue or transfer taxes with respect to the
issue or transfer of the Shares and all fees and expenses incurred by it in connection therewith. All Shares so issued shall be fully
paid and nonassessable.

 

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		9.	Transfer of Option. During your lifetime, only you (or your guardian or legal representative
in the event of legal incapacity) may exercise this Option except in the case of a transfer described below. You may not assign or transfer
this Option except (i) for a transfer upon your death in accordance with your will, by the laws of descent and distribution or pursuant
to a beneficiary designation submitted in accordance with Section 6(d) of the Plan, (ii) pursuant to a domestic relations order, or (iii)
with the prior written approval of the Company, by gift to a ”family member” as the term is defined under General Instruction
A(5) to Form S-8 under the Securities Act. The Option held by any such transferee will continue to be subject to the same terms and conditions
that were applicable to the Option immediately prior to its transfer and may be exercised by such transferee as and to the extent that
the Option has become exercisable and has not terminated in accordance with the provisions of the Plan and this Agreement.

 

		10.	No Stockholder Rights Before Exercise. Neither you nor any permitted transferee of this
Option will have any of the rights of a stockholder of the Company with respect to any Shares subject to this Option until a certificate
evidencing such Shares has been issued, electronic delivery of such Shares has been made to your designated brokerage account, or an appropriate
book entry in the Company's stock register has been made. No adjustments shall be made for dividends or other rights if the applicable
record date occurs before your stock certificate has been issued, electronic delivery of your Shares has been made to your designated
brokerage account, or an appropriate book entry in the Company's stock register has been made, except as otherwise described in the Plan.

 

		11.	Governing Plan Document. This Agreement and Option are subject to all the provisions of
the Plan, and to all interpretations, rules and regulations which may, from time to time, be adopted and promulgated by the Committee
pursuant to the Plan. If there is any conflict between the provisions of this Agreement and the Plan, the provisions of the Plan will
govern.

 

		12.	Choice of Law. This Agreement will be interpreted and enforced under the laws of the state
of Delaware (without regard to its conflicts or choice of law principles).

 

		13.	Binding Effect. This Agreement will be binding in all respects on your heirs, representatives,
successors and assigns, and on the successors and assigns of the Company.

 

		14.	Other Agreements. You agree that in connection with the exercise of this Option, you will
execute such documents as may be necessary to become a party to any stockholder, voting or similar agreements as the Company may require.

 

		15.	Restrictive Legends. The Company may place a legend or legends on any certificate representing
Shares issued upon the exercise of this Option summarizing transfer and other restrictions to which the Shares may be subject under applicable
securities laws, other provisions of this Agreement, or other agreements contemplated by Section 14 of this Agreement. You agree that
in order to ensure compliance with the restrictions referred to in this Agreement, the Company may issue appropriate “stop transfer”
instructions to its transfer agent.

 

		16.	Compensation Recovery Policy. To the extent that any compensation paid or payable pursuant
to this Agreement is considered “incentive-based compensation” within the meaning and subject to the requirements of Section
10D of the Exchange Act, such compensation shall be subject to potential forfeiture or recovery by the Company in accordance with any
compensation recovery policy adopted by the Board of Directors of the Company or any committee thereof in response to the requirements
of Section 10D of the Exchange Act and any implementing rules and regulations thereunder adopted by the Securities and Exchange Commission
or any national securities exchange on which the Company’s common stock is then listed.  This Agreement may be unilaterally amended
by the Company to comply with any such compensation recovery policy.

 

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		17.	Electronic Delivery and Acceptance. The Company may deliver any documents related to this
Option Award by electronic means and request your acceptance of this Agreement by electronic means. You hereby consent to receive all
applicable documentation by electronic delivery and to participate in the Plan through an on-line (and/or voice activated) system established
and maintained by the Company or the Company’s third-party stock plan administrator.

 

By signing the cover page of this Agreement or otherwise accepting
this Agreement in a manner approved by the Company, you agree to all the terms and conditions described above and in the Plan document.

 

    Page 5Exhibit 4.14

 

Miromatrix Medical Inc.

2021 EQUITY INCENTIVE PLAN

 

Restricted Stock Unit Award Agreement

 

Miromatrix Medical Inc. (the
 “Company”), pursuant to its 2021 Equity Incentive Plan (the “Plan”), hereby grants an award of Restricted Stock
Units to you, the Participant named below. The terms and conditions of this Award are set forth in this Restricted Stock Unit Award Agreement
(the “Agreement”), consisting of this cover page and the Terms and Conditions on the following pages, and in the Plan document,
a copy of which has been provided to you. Any capitalized term that is used but not defined in this Agreement shall have the meaning assigned
to it in the Plan as it currently exists or as it is amended in the future.

 

	Name of Participant:       [_______________________]
	Number of Restricted Stock Units:     [_______]	Grant Date:                                             __________, 20__
	Vesting Schedule:
	
    Scheduled Vesting Date

    [Insert date of next Annual Meeting of Shareholders]

      
	
    Number of Restricted Stock Units that Vest 

     

      

	 	 	 

By signing below or otherwise
evidencing your acceptance of this Agreement in a manner approved by the Company, you agree to all of the terms and conditions contained
in this Agreement and in the Plan document. You acknowledge that you have received and reviewed these documents and that they set forth
the entire agreement between you and the Company regarding this Award of Restricted Stock Units. If you fail to sign or accept this Agreement
by ____________, 20__, this Award shall be void and of no further force or effect.

 

	PARTICIPANT:	 	Miromatrix Medical Inc.

  

	 	 	By:	 
	 	 	Title:	 

  

    

     

    

 

Miromatrix Medical Inc.

2021 Equity Incentive Plan

Restricted Stock Unit Award Agreement

 

Terms and Conditions

 

1.       Grant
of Restricted Stock Units. The Company hereby confirms the grant to you, as of the Grant Date and subject to the terms and conditions
in this Agreement and the Plan, of the number of Restricted Stock Units specified on the cover page of this Agreement (the “Units”).
Each Unit represents the right to receive one Share of the Company’s common stock. Prior to their settlement or forfeiture in accordance
with the terms of this Agreement, the Units granted to you will be credited to an account in your name maintained by the Company. This
account shall be unfunded and maintained for book-keeping purposes only, with the Units simply representing an unfunded and unsecured
contingent obligation of the Company.

 

2.       Restrictions
Applicable to Units. Neither this Award nor the Units subject to this Award may be sold, assigned, transferred, exchanged or encumbered,
voluntarily or involuntarily, other than a transfer upon your death in accordance with your will, by the laws of descent and distribution
or pursuant to a beneficiary designation submitted in accordance with Section 6(d) of the Plan. Following any such transfer, this Award
shall continue to be subject to the same terms and conditions that were applicable to this Award immediately prior to its transfer. Any
attempted transfer in violation of this Section 2 shall be void and without effect. The Units and your right to receive Shares in
settlement of the Units under this Agreement shall be subject to forfeiture as provided in Section 5 until satisfaction of the vesting
conditions set forth in Section 4.

 

3.       No
Shareholder Rights. The Units subject to this Award do not entitle you to any rights of a holder of the Company’s common
stock. You will not have any of the rights of a shareholder of the Company (including without limitation any rights to dividends or dividend
equivalents) in connection with the grant or holding of Units subject to this Agreement unless and until Shares are issued to you upon
settlement of the Units as provided in Section 6.

 

4.       Vesting
of Units. For purposes of this Agreement, “Vesting Date” means any date, including the Scheduled Vesting Dates specified
in the Vesting Schedule on the cover page of this Agreement, on which Units subject to this Agreement vest as provided in this Section
4.

 

(a)               
Scheduled Vesting. If you remain a Service Provider continuously from the Grant Date specified on the cover page of this Agreement,
then the Units will vest in the amounts and on the Scheduled Vesting Date specified in the Vesting Schedule.

 

(b)               
Accelerated or Continued Vesting. The vesting of your outstanding Units will be accelerated in full upon a Change in Control in
which you cease to be a Service Provider. In addition, the vesting of your outstanding Units will be accelerated in full immediately prior
to the effective time of a Corporate Transaction that constitutes a Change in Control if this Award is not continued, assumed or replaced
in connection with such Change in Control. For purposes of this Section 4(b)(3), this Award will be considered assumed or replaced under
the circumstances specified in Section 12(b)(1) of the Plan.

 

5.       Effect
of Termination of Service. Except as otherwise provided in accordance with Section 4(b) above, if you cease to be a Service Provider,
you will forfeit all unvested Units.

 

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6.       Settlement
of Units. After any Units vest pursuant to Section 4, the Company shall, as soon as practicable (but no later than the
15th day of the third calendar month following the Vesting Date), cause to be issued and delivered to you (or to your
personal representative or your designated beneficiary or estate in the event of your death, as applicable) one Share in payment and
settlement of each vested Unit. Delivery of the Shares shall be effected by the issuance of a stock certificate to you, by an
appropriate entry in the stock register maintained by the Company’s transfer agent with a notice of issuance provided to you,
or by the electronic delivery of the Shares to a brokerage account you designate, and shall be subject to the tax withholding
provisions of Section 8 and compliance with all applicable legal requirements as provided in Section 17(c) of the Plan, and shall be
in complete satisfaction and settlement of such vested Units. The
Company will pay any original issue or transfer taxes with respect to the issue and transfer of Shares to you pursuant to this
Agreement, and all fees and expenses incurred by it in connection therewith. If the Units that vest include a fractional Unit, the
Company shall round the number of vested Units to the nearest whole Unit prior to issuance of Shares as provided herein. 

 

7.       Tax
Consequences and Withholding. In the event that the Company is required to withhold for federal, state or local taxes in connection
with the settlement of the Units, no Shares will be delivered to you in settlement of vested Units unless you have made arrangements acceptable
to the Company for payment of any federal, state, local or foreign withholding taxes that may be due as a result of the delivery of the
Shares. You hereby authorize the Company (or any Affiliate) to withhold from payroll or other amounts payable to you any sums required
to satisfy such withholding tax obligations, and otherwise agree to satisfy such obligations in accordance with the provisions of Section
14 of the Plan. Unless otherwise determined by the Committee, you may elect to satisfy such withholding tax obligations by having the
Company withhold a number of Shares that would otherwise be issued to you in settlement of the Units and that have a fair market value
equal to the amount of such withholding tax obligations by notifying the Company of such election prior to the Vesting Date.

 

8.       Notices.
Every notice or other communication relating to this Agreement shall be in writing and shall be mailed to or delivered (including electronically)
to the party for whom it is intended at such address as may from time to time be designated by it in a notice mailed or delivered to the
other party as herein provided. Unless and until some other address is so designated, all notices or communications by you to the Company
shall be mailed or delivered to the Company, to the attention of its Chief Financial Officer, at the Company’s headquarters, and
all notices or communications by the Company to you may be given to you personally or may be mailed or, if you are still a Service Provider,
emailed to you at the address indicated in the Company's records as your most recent mailing or email address.

 

9.       Additional
Provisions.

 

(a)       Governing
Plan Document. This Agreement and the Award are subject to all the provisions of the Plan, and to all interpretations, rules and regulations
which may, from time to time, be adopted and promulgated by the Committee pursuant to the Plan. If there is any conflict between the provisions
of this Agreement and the Plan, the provisions of the Plan will govern.

 

(b)       Governing
Law.  This Agreement, the parties’ performance hereunder, and the relationship between them shall be governed by,
construed, and enforced in accordance with the laws of the State of Delaware, without giving effect to the choice of law principles thereof.

 

(c)       Severability.
The provisions of this Agreement shall be severable and if any provision of this Agreement is found by any court to be unenforceable,
in whole or in part, the remainder of this Agreement shall nevertheless be enforceable and binding on the parties. You also agree that
any trier of fact may modify any invalid, overbroad or unenforceable provision of this Agreement so that such provision, as modified,
is valid and enforceable under applicable law.

 

(d)       Binding
Effect. This Agreement will be binding in all respects on your heirs, representatives, successors and assigns, and on the
successors and assigns of the Company.

 

(e)       Electronic
Delivery and Acceptance. The Company may deliver any documents related to this Restricted Stock Unit Award by electronic means and
request your acceptance of this Agreement by electronic means. You hereby consent to receive all applicable documentation by electronic
delivery and to participate in the Plan through an on-line (and/or voice activated) system established and maintained by the Company or
the Company’s third-party stock plan administrator.

 

By signing the cover page of this Agreement
or otherwise accepting this Agreement in a manner approved by the Company, you agree to all the terms and conditions described above and
in the Plan document.

 

    Page 3

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