INCENTIVE STOCK OPTION AGREEMENT
BROADWIND ENERGY, INC.
2007 EQUITY INCENTIVE PLAN
THIS AGREEMENT is entered into and effective as of the day of ,
20 , by and between Broadwind Energy, Inc., a Delaware corporation (the “ Company ”) and
(“ Participant” ).
A. Participant on the date hereof is a key employee or officer of the Company or one of its
B. The Company wishes to grant incentive stock options to Participant pursuant to this Agreement
and the 2007 Equity Incentive Plan (the “ Plan ”); and
C. The Administrator has authorized the grant of an incentive stock option to Participant to give
Participant an inducement to acquire a proprietary interest in the Company and an added incentive to advance the
interests of the Company and has determined that, as of the effective date of this Agreement, the fair market value
of the Company’s common stock is Dollars (__DOCTEXT__nbsp; ) per share.
In consideration of the premises and of the mutual covenants herein contained, the parties hereto agree as
ARTICLE I. GRANT OF OPTION
The Company hereby grants to Participant the right, privilege, and option (the “ Option ”) to purchase up
to ( ) shares (the “ Option Shares ”) of the Company’s Common Stock, according
to the terms and subject to the conditions hereinafter set forth and as set forth in the Plan. [The per share
price to be paid by Participant in the event of an exercise of the Option shall be Dollars
($ ) OR: Because Participant owns stock possessing more than ten percent (10%) of the
total combined voting power of all classes of stock of the Company or its Parent or any Subsidiary, the
per share price to be paid by Participant in the event