Document:

Exhibit
    10.02
    NUTRITION
      21, INC.

    STOCK
      AWARD AGREEMENT

    

    This
      Stock Award Agreement (the “Agreement”) is made as of _______________ (the
“Effective Date”), by and between Nutrition 21, Inc., a New York corporation
      (the “Company”), and
      ________________________________________________________________ (the
“Awardee”).

    

    In
      consideration of the mutual promises and covenants contained herein, and for
      other good and valuable consideration, the receipt and sufficiency of which
      are
      hereby acknowledged, the parties hereto agree as follows:

    

    1. Grant
      of  Shares.
      The
      Company hereby grants to Awardee ____________ restricted shares of the Company's
      common stock (the “Award Shares”), subject to the terms and conditions of this
      Agreement.

    

    2. Vesting.
      Unless
      the Award Shares have been forfeited earlier pursuant to Section 3 hereof,
      one-third of the Award Shares shall vest on each of the first three
      anniversaries of the Effective Date. 

    

    3. Forfeiture.
      All
      Award
      Shares which have not vested prior to the date on which Awardee’s employment has
      been terminated for any reason (including Awardee’s resignation, death or
      disability, or termination by the Company with or without cause) shall be
      automatically forfeited on the date of termination. 

    

    4. Issuance
      of Award Shares Upon Vesting. The
      Company shall deliver to the Awardee one or more stock certificates representing
      Award Shares within 30 days of the date on which such shares become vested.
      Such
      stock certificates shall not include any fractional shares and shall not be
      issued for any Award Shares which have not vested in accordance with the terms
      and upon the conditions of this Agreement.

    

    5. Stock
      Certificates.
      The
      stock certificates evidencing the Award Shares shall be registered on the
      Company’s books in the name of the Awardee. The Company shall retain physical
      possession of such certificates until the Award Shares represented by such
      certificates become vested. If the Award Shares are forfeited, the Company
      will
      cause the Award Shares to be canceled or retired. Except as otherwise provided
      in Section 6, the Awardee shall be entitled to all rights of a stockholder
      of
      the Company, including the right to vote the Award Shares and to receive
      dividends and/or other distributions declared on such shares, prior to the
      date
      or dates on which such shares vest.

    

    6. Transferability
      Restrictions.

     

    (a)
      To
      the extent that the Award Shares have not vested, they are not transferable
      by
      the Awardee, whether by sale, assignment, exchange, pledge, or hypothecation,
      or
      by operation of law or otherwise.   

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    (b)
      Awardee represents that Awardee will on vesting acquire the Award Shares for
      his
      or her own account and not on behalf of others. Federal and state securities
      laws govern and restrict the right to offer, sell or otherwise dispose of any
      Award Shares (even if vested) unless otherwise covered by a Form S-8 or unless
      the offer, sale or other disposition thereof is otherwise registered under
      the
      Securities Act of 1933, as amended, (the "1933 Act") and state securities laws
      or, in the opinion of the Company's counsel, such offer, sales or other
      disposition is exempt from registration thereunder. The Company is not required
      to file a Form S-8 or any other registration statement. Awardee will in no
      event
      offer, sell or otherwise dispose of any Award Shares in any manner which would:
      (i) require the Company to file any registration statement (or similar filing
      under state laws) with the Securities and Exchange Commission or to amend or
      supplement any such filing or (ii) violate or cause the Company to violate
      the
      1933 Act, the rules and regulations promulgated thereunder or any other state
      or
      federal law. 

    

    (c)
      Stock
      certificates representing the Award Shares shall bear legends in substantially
      the following form, in addition to any other legends that may be required under
      federal or state securities laws:

     

    
      	
              "THE
                SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO A RESTRICTED
                STOCK AWARD AGREEMENT BETWEEN THE COMPANY AND THE REGISTERED OWNER
                OF THIS
                CERTIFICATE (OR HIS PREDECESSOR IN INTEREST). COPIES OF SAID AGREEMENT
                MAY
                BE OBTAINED UPON WRITTEN REQUEST TO THE SECRETARY OF THE COMPANY
                BY THE
                REGISTERED OWNER HEREOF."

            
	 
	
              “THE
                SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED
                PURSUANT TO THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR ANY
                STATE SECURITIES LAW, AND SUCH SECURITIES MAY NOT BE SOLD, TRANSFERRED
                OR
                OTHERWISE DISPOSED OF UNLESS THE SAME ARE REGISTERED AND QUALIFIED
                IN
                ACCORDANCE WITH THE ACT AND ANY APPLICABLE STATE SECURITIES LAWS,
                OR IN
                THE OPINION OF COUNSEL SATISFACTORY TO THE COMPANY SUCH REGISTRATION
                AND
                QUALIFICATION ARE NOT REQUIRED.”

            

    

     

    (d)
      The
      Company shall not be required to transfer on its books any of the Award Shares
      that shall have been sold or transferred in violation of any of the provisions
      set forth in this Agreement, or to treat any transferee to whom such shares
      have
      been so sold or transferred as a stockholder of the Company.

     

     

    
      
        
        

      

      
        -2-

        
          

        

      

      
        
        

      

    

    

    7. Not
      a Contract for Employment. No
      rights
      to continued employment with the Company shall be construed as arising under
      the
      terms of this Agreement.

    

    8.  Tax
      Matters.
      Awardee
      should immediately discuss the grants in this Agreement with their personal
      tax
      advisors. These advisors may advise that Awardee file a “Section 83 Election.”
These advisors may determine that the Election can only be filed within the
      first 30 days after the date of this Agreement.

    

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

    

     

    
      	 	NUTRITION 21,
              INC.
	 	 
	 	 
	 	By:                                                                                          
              
	 	Name: 
	 	Title:
	 	 
	 	 
	 	AWARDEE:
	 	 
	 	 
	 	                                                                                                
               
	 	 

    

     

    

     

    
      
        
        

      

      
        -3-Exhibit
    10.03
    NUTRITION
      21, INC.

    

    AWARD
      AGREEMENT

    

    

    THIS
      AGREEMENT,
      made as
      of «Grant_Date»,
      by and
      between Nutrition 21, Inc., a New York corporation, 4 Manhattanville Road,
      Purchase, New York 10577 (the “Company”), and «First_Last_Name
      and address»
      (the
“Grantee”).

    

    WITNESSETH:

    

    WHEREAS,
      the
      Grantee is now an employee or consultant of the Company and the Company desires
      to afford the Grantee an opportunity to acquire, or enlarge, stock ownership
      in
      the Company so that the Grantee may have a direct proprietary interest in the
      Company’s success:

    

    NOW,
      THEREFORE, in
      consideration of the covenants and agreements herein contained, the parties
      hereto hereby agree as follows:

    

    1. Grant
      of
      Award. Pursuant to the provisions of the Nutrition 21, Inc. [Stock Option Plan
      or Stock Plan] (the “Plan”), the Company hereby grants to the Grantee, subject
      to the terms and conditions of the Plan and subject further to the terms and
      conditions herein set forth, the following:

    

    (a) the
      right, pursuant to the Plan, to purchase from the Company all or any part of
      an
      aggregate of «Total_Options»
      shares
      of Common Stock ($.005 par value) of the Company at the purchase price of
«Grant_Price» per
      share
      (the “Stock Options”). The Stock Options are intended to be Incentive Stock
      Options under Section 422 of the Internal Revenue Code of 1986, as
      amended.

    

    (i) Such
      Stock Options shall vest and be exercisable as to one-third of such shares
      on
      the anniversary of «Grant_Date»
      (the
“Grant Date”), and as to an additional one-third of such shares on the second
      and third anniversaries of the Grant Date.

    

    (ii) Such
      Stock Options shall expire ten (10) years from the Grant Date or 89 days after
      termination of employment, whichever is earlier. 

    

    (iii) Any
      exercise of such Stock Options shall be accompanied by a  written
      notice to the Company specifying the number of shares as to which  the
      Stock
      Options are being exercised.

    

    (iv) At
      the
      time of any exercise, the purchase price shall be paid in cash, unless the
      Company offers a cashless exercise alternative. In that event, Grantee may
      elect
      to pay in cash or use the cashless exercise alternative. The purchase price
      equals the number of shares as to which the Stock Options are being exercised
      multiplied by the purchase price per share. The Company will make all necessary
      tax withholding at the time of exercise, in the manner and to the extent
      provided for by law. 

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    (v) The
      Stock
      Options are not transferable other than by will or by the  laws
      of
      descent and distribution. During the lifetime of Grantee, the Stock Options
      shall be exercisable only by the Grantee.

    

    (vi) The
      Grantee shall have no rights as a stockholder with respect to any shares of
      Common Stock subject to the Stock Options prior to the date of issuance of
      a
      certificate or certificates for such shares.

    

    2. Sale
      of
      Shares. Employee agrees to advise the company of the sale of shares  acquired
      by exercise of Stock Options, including the date(s) of sale, number of
 shares
      and price(s).

    

    3. Compliance
      With Law and Regulations. This award and the obligations of the  Company
      hereunder, shall be subject to all governmental laws, rules and  regulations
      and to such approvals by any government or regulatory agency as may  be
      required.

    

    4. Grantee
      Bound By Plan. The Grantee hereby acknowledges receipt of a copy of  the
      Plan
      and agrees to be bound by all the terms and provisions thereof. To the
 extent
      that this agreement is silent with respect to, or in any way inconsistent with
       the
      terms
      of the Plan, the provisions of the Plan shall govern.

    

    5. Notices.
      Any notices hereunder to the Company shall be sent to the following  address:
      Nutrition 21, Inc., 4 Manhattanville Road, Purchase, NY 10577, USA,  Attention:
      General Counsel; and any notice hereunder to the Grantee shall be  sent
      to
      Grantee at Grantee’s residence or work location.

    

    IN
      WITNESS WHEREOF, Nutrition
      21, Inc. has caused this Agreement to be executed by an authorized officer
      of
      the Company and the Grantee has executed this Agreement, both as of the day
      and
      year first above written.

     

     

    
      	 	By ______________________________
	 	
              General
                Counsel

            
	 	 
	 	 
	 	
               
______________________________

            
	 	
              Grantee/Employee
                Signature

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