0000891618-06-000045 Sample Contracts

CONNETICS CORPORATION NON-QUALIFIED STOCK OPTION AGREEMENT
Non-Qualified Stock Option Agreement • February 1st, 2006 • Connetics Corp • Pharmaceutical preparations • California

This Option may be exercised for (3) three months after the Optionee ceases to be a Service Provider for any reason other than death or Disability. In the event the Optionee ceases to be a Service Provider as the result of death or Disability, this Option may be exercised for (12) twelve months after the Optionee ceases to be a Service Provider. In no event shall this Option be exercised later than the Term/Expiration Date as provided above.

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