0001104659-07-016777 Sample Contracts

STOCK OPTION AWARD AGREEMENT
Stock Option Award Agreement • March 6th, 2007 • Friendly Ice Cream Corp • Retail-eating places

THIS AGREEMENT, dated as of the 1st day of November, 2006 (the “Grant Date”) and entered into by and between Friendly Ice Cream Corporation (the “Company”) and

KEY EXECUTIVE STOCK OPTION AWARD AGREEMENT FRIENDLY ICE CREAM CORPORATION
Key Executive Stock Option Award Agreement • March 6th, 2007 • Friendly Ice Cream Corp • Retail-eating places • Massachusetts

THIS KEY EXECUTIVE STOCK OPTION AWARD AGREEMENT (the “Agreement”), dated as of the 8th day of January, 2007 (the “Grant Date”) and entered into by and between Friendly Ice Cream Corporation (the “Company”) and GEORGE M. CONDOS (the “Recipient”).

AGREEMENT
Employment Agreement • March 6th, 2007 • Friendly Ice Cream Corp • Retail-eating places • Delaware

This Agreement is made as of the 8th day of January, 2007, by and between Friendly Ice Cream Corporation, a Massachusetts corporation (the “Company”), and George M. Condos (“Employee”).