Harris & Harris Group Inc. Non-Qualified Stock Option Grant and Vesting Schedule (November 2009)

Harris & Harris Group Inc. granted non-qualified stock options (NQSOs) to several employees on November 11, 2009, at an exercise price of $4.49 per share. The options vest in three stages: 25% on November 11, 2010, 50% on November 11, 2011, and the remaining 25% on November 11, 2012. All options expire on November 11, 2014, if not exercised. The agreement lists the number of options granted to each employee and outlines the vesting and expiration terms.