Document:

Form of Nontransferable Stock Option Agreement under 2006 Plan

 Exhibit 4.3 
 NON-EMPLOYEE DIRECTOR STOCK OPTION GRANT 
 NONTRANSFERABLE STOCK OPTION AGREEMENT,
dated XXXXX, between Memry Corporation, a Delaware corporation (the “Company”), and XXXXX (the “Optionee”, which term as used herein shall be deemed to include any successor to the Optionee by will or by the laws of
descent and distribution, unless the context shall otherwise require). 
 Pursuant to the Company’s 2006 Long-Term Incentive Plan, as
may be amended from time to time (as so amended, the “Plan”), the Company approved the issuance to the Optionee, effective as of XXXX, (the “Grant Date”), of a Non-qualified Stock Option to purchase up to an aggregate of XXXX
shares of common stock, $0.01 par value, of the Company (the “Common Stock”), at the price (the “Option Price”) of $X.XX per share, upon the terms and conditions hereinafter set forth. 
 NOW, THEREFORE, in consideration of the mutual premises and undertakings hereinafter set forth, the parties hereto agree as follows: 

1. Option; Option Price. The Company hereby grants to the Optionee the option (the “Option”) to purchase, subject to the
terms and conditions of this Agreement and the Plan (which are incorporated by reference herein and which in all cases shall control in the event of any conflict with the terms, definitions and provisions of this Agreement), shares of Common Stock
of the Company at an exercise price per share equal to the Option Price, which Option is not intended to qualify for federal income tax purposes as an “incentive stock option” within the meaning of Section 422 of the Internal
Revenue Code of 1986, as amended (the “Code”). A copy of the Plan as in effect on the date hereof has been supplied to the Optionee, and the Optionee hereby acknowledges receipt thereof. 
 2. Term. The term (the “Option Term”) of the Option commenced on the Grant Date and shall expire on the tenth anniversary of the
Grant Date, unless such Option shall theretofore have been terminated in accordance with the terms hereof or of the Plan. 
 3. Time of
Exercise. Unless accelerated at the discretion of the Company or as otherwise provided herein, the Option shall become exercisable as to the total number of shares of Common Stock subject to the Option in accordance with Exhibit A attached
hereto. Subject to the provisions of Sections 5 and 8 hereof, shares as to which the Option becomes 
 Memry Corporation, 3 Berkshire
Boulevard, Bethel, CT 06801 

 exercisable pursuant to the foregoing provisions may be purchased at any time thereafter prior to the expiration or
termination of the Option. 
 4. Termination of Option. (a) The unexercised portion of the Option, (which portion was
otherwise vested and exercisable on the date of termination) (the “Unexercised Portion”) shall automatically terminate and shall become null and void and be of no further force or effect upon the first to occur of the following:

 (i) the expiration of the Option Term; 
 (ii) with respect to the portion of the Option that has become vested and exercisable in accordance with Exhibit A attached hereto as of
the date of such termination of services, the expiration of (1) three months from the date that the Optionee ceases to serve as a director of the Company for any reason (other than death) or (2) in the event of the Optionee’s death
either while serving as a director of the Company or during the three-month period set forth in clause (1) above, one year from the date of the Optionee’s death; 
 (iii) except to the extent permitted by Section 15(a) of the Plan, the date on which the Option or any part thereof or right or
privilege relating thereto is transferred (otherwise than by will or the laws of descent and distribution), assigned, pledged, hypothecated, attached or otherwise disposed of by the Optionee. 
 (b) Any unexercised portion of the Option which is not vested and exercisable on the date the Optionee ceases to serve as a director of the Company
shall automatically terminate and shall become null and void and be of no further force or effect at midnight on the date 12 months from the date that the Optionee ceases to serve as a director of the Company, provided, however, that if such
termination is due to a voluntary resignation that occurs within one year of a Change in Control (defined in Exhibit A), the unvested portion of the Option shall continue to vest in accordance with Exhibit A and the term of such portion of the
Option shall terminate upon the expiration of the Option Term. 
 5. Procedure for Exercise. (a) The Option may be
exercised, from time to time, in whole or in part (but for the purchase of whole shares only), by delivery of a written notice (the “Notice”) from the Optionee to the Secretary of the Company, which Notice shall: 
 (i) state that the Optionee elects to exercise the Option; 
 (ii) state the number of shares of Common Stock with respect to which the Option is being exercised (the “Optioned Shares”);

 (iii) state the method of payment for the Optioned Shares pursuant to Section 5(b) hereof; 
 Memry Corporation, 3 Berkshire Boulevard, Bethel, CT 06801 

 (iv) state the date upon which the Optionee desires to consummate the purchase of the
Optioned Shares (which date must be prior to the termination of such Option and no later than 30 days from the delivery of such Notice); 
 (v) include any representations of the Optionee required under Section 8(b) hereof; and 
 (vi) if the Option shall be exercised pursuant to Section 10 hereof by any person other than the Optionee, include evidence to the satisfaction of the Company of the right of such person to exercise the Option. 
 (b) Payment of the Option Price for the Optioned Shares shall be made (i) in cash or by personal or certified check, (ii) by delivery of stock
certificates (in negotiable form) representing shares of Common Stock that have been owned of record by the Optionee for at least six months prior to the date of exercise and that have a Fair Market Value on the date of exercise equal to the product
of (A) the number of Optioned Shares which are being purchased pursuant to the exercise of such Option, multiplied by (B) the applicable Option Price, (iii) a combination of either of the methods set forth in clauses (i) and
(ii) above, (iv) (A) by arrangements which are acceptable to the Company and as permitted by applicable law whereby the Optionee relinquishes a portion of the Option, or (B) in compliance with any other cashless exercise program
authorized by the Company for use in connection with the Plan at the time of such exercise, or (v) in such other consideration as shall be acceptable to the Company. For the purpose of the preceding clause (iv)(A), the fair market value of the
portion of the Option that is relinquished shall be the Fair Market Value at the time of exercise of the number of Optioned Shares subject to the portion of the Option that is relinquished less the aggregate Option Price specified in the Option with
respect to such Optioned Shares. 
 (c) The Company shall issue a stock certificate in the name of the Optionee (or such other person
exercising the Option in accordance with the provisions of Section 10 hereof) for the Optioned Shares as soon as practicable after receipt of the Notice and payment of the aggregate Option Price for such shares. 
 6. No Rights as a Stockholder. The Optionee shall not have any privileges of a stockholder of the Company with respect to any Optioned
Shares until the date of issuance of a stock certificate pursuant to Section 5(c) hereof. 
 7. Adjustments. In the event
of any change in corporate capitalization, such as a stock dividend, stock split or reverse stock split, or an extraordinary corporate transaction, such as a merger, reorganization, consolidation, recapitalization, spin-off, separation or other
distribution of stock or property of the Company, any reorganization (whether or not such reorganization comes within the definition of such term in Section 368 of the Code), or any partial or complete liquidation of the Company, the Committee
shall make such substitution or adjustments to reflect such change or transaction in the number, kind and grant price of shares subject to this Option, and/or otherwise make such adjustments or changes as is equitable, in each case, as it may
determine to be appropriate in its sole discretion; provided, however, that the number of Shares subject to this Option shall always be a whole number. 
 Memry Corporation, 3 Berkshire Boulevard, Bethel, CT 06801 

 8. Additional Provisions Related to Exercise. (a) The Option shall be exercisable only
on such date or dates and during such period and for such number of shares of Common Stock as are set forth in this Agreement. 
 (b) To
exercise the Option, the Optionee shall follow the procedures set forth in Section 5 hereof. Unless at the time of exercise of the Option there shall be, in the opinion of counsel for the Company, a valid and effective registration statement
under the Securities Act of 1933 (the “‘33 Act”) and appropriate qualification and registration under applicable state securities laws relating to the Optioned Shares being acquired pursuant to the Option, the Optionee shall be
required, upon exercise of the Option, to give to the Company a written representation, in a form reasonably satisfactory to the Company, that he or she is acquiring the Optioned Shares for his or her own account for investment and not with a view
to, or for sale in connection with, the resale or distribution of any such shares. The Optionee shall be further required to agree that he or she will not sell or transfer any Optioned Shares acquired pursuant to exercise of the Option until he or
she requests and receives an opinion of the Company’s counsel to the effect that such proposed sale or transfer will not result in a violation of the ‘33 Act, or a registration statement covering the sale or transfer of the shares has been
declared effective by the Securities and Exchange Commission, or he or she obtains a no-action letter from the Securities and Exchange Commission with respect to the proposed transfer. 
 (c) Stock certificates representing shares of Common Stock acquired upon the exercise of the Option that have not been registered under the Securities
Act shall bear the following legend: 
 THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF
1933, AS AMENDED. THEY MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED, HYPOTHECATED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF A REGISTRATION STATEMENT IN EFFECT WITH RESPECT TO THE SECURITIES UNDER SUCH ACT OR AN OPINION OF COUNSEL IN FORM AND
SUBSTANCE SATISFACTORY TO THE COMPANY THAT SUCH SALE, OFFER FOR SALE, PLEDGE, HYPOTHECATION OR OTHER DISPOSITION DOES NOT VIOLATE THE PROVISIONS OF SUCH ACT OR UNLESS SOLD PURSUANT TO RULE 144 OF SUCH ACT. 
 9. No Evidence of Service. Nothing contained in the Plan or this Agreement shall confer upon the Optionee any right to continue to serve as
a director of the Company or interfere in any way with the right of the Company (subject to the terms of any separate agreement to the contrary) to increase or decrease the Optionee’s compensation at any time. 
 10. Restriction on Transfer. The Option may not be transferred, pledged, assigned, hypothecated or otherwise disposed of in any way by the
Optionee, except by will or 
 Memry Corporation, 3 Berkshire Boulevard, Bethel, CT 06801 

 by the laws of descent and distribution or as may otherwise be required by law, and may be exercised
during the lifetime of the Optionee only by the Optionee. If the Optionee dies, the Option shall thereafter be exercisable, during the period specified in Section 4(a)(ii) hereof, by his or her executors or administrators to the full extent to
which the Option was exercisable by the Optionee at the time of his or her death. The Option shall not be subject to execution, attachment or similar process. Any attempted assignment, transfer, pledge, hypothecation or other disposition of the
Option contrary to the provisions hereof, and the levy of any execution, attachment or similar process upon the Option, shall be null and void and without effect. 
 11. Notices. All notices or other communications which are required or permitted hereunder shall be in writing and sufficient if (i) personally delivered, (ii) sent by nationally-recognized
overnight courier or (iii) sent by registered or certified mail, postage prepaid, return receipt requested, addressed as follows: 
 If
to the Optionee, to the address set forth on the signature page hereto; and 
 If to the Company, to: 
 Memry Corporation 
 3 Berkshire Boulevard

 Bethel, Connecticut 06801 
 Attention: Secretary 
 or to such other address as the party to whom notice is to be given may have furnished to each other party in writing in
accordance herewith. Any such communication shall be deemed to have been given (i) when delivered, if personally delivered or if sent by nationally recognized overnight courier, and (ii) on the third Business Day (as hereinafter defined)
following the date on which the piece of mail containing such communication is posted, if sent by mail. As used herein, “Business Day” means a day that is not a Saturday, Sunday or a day on which banking institutions in the city to which
the notice or communication is to be sent are not required to be open. 
 12. Taxes. Whenever shares of Common Stock are to be
delivered to the Optionee upon exercise of the Option, the Company shall be entitled to require as a condition of delivery that the Optionee remit or, in appropriate cases, agree to remit when due, an amount sufficient to satisfy all current or
estimated future federal, state and local withholding taxes and employment tax requirements relating thereto. 
 13. No Waiver.
No waiver of any breach or condition of this Agreement shall be deemed to be a waiver of any other or subsequent breach or condition, whether of like or different nature. 
 14. Optionee Undertaking. The Optionee hereby agrees to take whatever additional actions and execute whatever additional documents the Company may in its reasonable judgment deem necessary or advisable
in order to carry out or effect one or more of the obligations or restrictions imposed on the Optionee pursuant to the express provisions of this Agreement. 
 Memry Corporation, 3 Berkshire Boulevard, Bethel, CT 06801 

 15. Modification of Rights. The rights of the Optionee are subject to modification and
termination in certain events as provided in this Agreement and the Plan. 
 16. Governing Law. This Agreement shall be
governed by, and construed in accordance with, the laws of the State of Delaware applicable to contracts made and to be wholly performed therein. 
 17. Counterparts. This Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original, but all of which together shall constitute one and the same instrument. 
 18. Entire Agreement. This Agreement and the Plan constitute the entire agreement between the parties with respect to the subject matter
hereof, and supersede all previously written or oral negotiations, commitments, representations and agreements with respect thereto. 
 Memry
Corporation, 3 Berkshire Boulevard, Bethel, CT 06801 

 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first written
above. 
  

			
	MEMRY CORPORATION
		
	By:	 	  

	Name:	 	Robert P. Belcher
	Title:	 	President and Chief Executive Officer
	
	Optionee: XXXXXXX
		
	Signature:	 	  

		
	Date:	 	  

	Address:	 	

 EXHIBIT A 
 Subject to the terms and limitations specified in this Agreement, one-third (1/3) of the Option issued hereunder shall become exercisable on each of
the first three anniversaries of the Grant Date subject to the director’s continuation of service as a Director of the Company through such anniversary date; provided, however, all options shall continue to become exercisable in the event of
the Optionee’s voluntary resignation from the Company’s Board of Directors within one year of a Change of Control (which exercisability may be effected by the Company retroactively). 
 Memry Corporation, 3 Berkshire Boulevard, Bethel, CT 06801Amendment to Trust Account

 Exhibit 10.4 
 Execution Copy 
 AMENDMENT NO. 1 
 TO 
 TRUST ACCOUNT AGREEMENT 
 This AMENDMENT NO. 1 TO TRUST ACCOUNT AGREEMENT (the “Amendment”) is made as of June 2, 2006 by and between HAPC, INC, (formerly
Healthcare Acquisition Partners Corp,), a Delaware corporation (the “Company”), and JPMORGAN CHASE BANK, N.A., a national banking association, as account agent (the “Account Agent”). 
 RECITALS: 
 WHEREAS, the
Company and the Account Agent are parties to that certain Trust Account Agreement, dated as of April 11, 2006 (the “Agreement”); 
 WHEREAS, pursuant to the Agreement, the Account Property, as that term is defined in the Agreement, is invested in a JPMorgan Chase Bank Money Market Deposit Account fully collateralized by United States government securities, upon
the terms and subject to the conditions set forth therein; 
 WHEREAS, any interest earned and payable on the invested Account
Property will constitute income to the Company and result in income taxes payable by the Company; 
 WHEREAS, the Company has
determined that such investment will generate greater returns than a non-income tax generating investment and is in the best interests of the Company’s stockholders; 
 WHEREAS, the Company has requested that the Account Agent amend the Agreement to permit distributions to the Company of a portion of the interest earned on the investment of the Account Property in an amount
equal to the income tax liability of the Company resulting from interest earned on die Account Property, with any interest earned on the investment of the Account Property not so distributed to remain in the account; 
 WHEREAS, the board of directors of the Company has determined that this Amendment is not materially adverse to, and is in the best interests of,
the stockholders of the Company; and 
 WHEREAS, capitalized terms used but not defined herein have the respective meanings ascribed
thereto in the Agreement; 
 NOW, THEREFORE, in consideration of the premises herein contained and other good and valuable
consideration, the sufficiency of which is hereby acknowledged, the parties agree as follows: 
 Section 1. Amendments.

  

	 	(a)	The following is hereby added to the Agreement directly after Section 3(d): 

 (e) Upon written instructions from the Company, the Account Agent shall deliver to the Company, on a quarterly basis, from the interest
earned on the investment of Account Property, an amount equal to the income taxes payable by the Company arising solely from such interest earned on the Account Property as specified in such written notice, with any and all interest earned on the
investment of Account Property not so distributed to remain in the account. 
  

	 	(b)	The parenthetical at the end of the sentence in Section 6(f) is hereby deleted in its entirety. 

 Section 2. Effect of Amendments. Except to the extent expressly amended hereby, the Agreement
shall remain in full force and effect in all respects. 
 Section 3. Governing Law. This Amendment shall be governed by and
construed in accordance with the laws of the State of New York applicable to contracts formed and to be performed entirely within the State of New York, without regard to the conflict of law provisions thereof to the extent such principles would
require or permit the application of the laws of another jurisdiction, 
 Section 4. Execution of Amendment. This Amendment may
be executed in several counterparts, each one of which shall constitute an original, and together shall constitute but one instrument. 
 [Signatures follow on next page.] 
  

 2 

 IN WITNESS WHEREOF, the parties have duly executed this Amendment No. 1 to Trust Account Agreement
as of the date first written above. 
  

			
	HAPC, INC.
		
	By:	 	/s/ John E. Voris
	Name:	 	JOHN E. VORIS
	Title:	 	CEO
	
	 JPMORGAN CHASE Bank, N.A., as
     Account Agent

		
	By:	 	/s/ Daren M. Dinicola
	Name:	 	Daren M. Dinicola
	Title:	 	V.P.

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