Common use of Representatives of Optionee Clause in Contracts

Representatives of Optionee. Optionee acknowledges that Optionee has received, read and understood the Option Agreement and this Notice and agrees to abide by and be bound by the terms and conditions of the Option Agreement and this Notice. Submitted by: Accepted by: OPTIONEE: PEREGRINE PHARMACEUTICALS, INC. By: ____________________________ By: __________________________ Name: __________________________ Address: ________________________ _______________________________

Representatives of Optionee. Optionee acknowledges that Optionee has received, read and understood the Option Agreement and this Notice and agrees to abide by and be bound by the terms and conditions of the Option Agreement and this Notice. Submitted by: Accepted by: OPTIONEE: PEREGRINE PHARMACEUTICALS, INC. By: :__________________________________ By: :__________________________________ Name: :________________________________ Address: :______________________________ _____________________________________

Representatives of Optionee. Optionee acknowledges that Optionee has received, read and understood the Option Agreement and this Notice and agrees to abide by and be bound by the terms and conditions of the Option Agreement and this Notice. Submitted by: Accepted by: OPTIONEE: PEREGRINE PHARMACEUTICALS, INC. By: ____________________________ By: __________________________ Name: __________________________ Address: ________________________ :__________________________________ By:__________________________________