0000891618-05-000644 Sample Contracts

CONNETICS CORPORATION NON-QUALIFIED STOCK OPTION AGREEMENT
Non-Qualified Stock Option Agreement • August 26th, 2005 • Connetics Corp • Pharmaceutical preparations • California

Connetics Corporation, a Delaware corporation (“Connetics” or the “Corporation”), hereby grants to Luis Pena (the “Optionee”) an option to purchase 30,000 shares of Common Stock (the “Option”) subject to the following terms and conditions of this Non-Qualified Stock Option Agreement (the “Option Agreement”):

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