0000931763-03-000822 Sample Contracts

NOVOSTE CORPORATION NON-QUALIFIED STOCK OPTION AGREEMENT
Novoste Corporation Non-Qualified Stock Option Agreement • March 31st, 2003 • Novoste Corp /Fl/ • Electromedical & electrotherapeutic apparatus • Florida

THIS AGREEMENT (the “Agreement”), is dated as of October 16, 2002, by and between NOVOSTE CORPORATION, a Florida corporation (the “Company”), and Alfred J. Novak (the “Optionee”), pursuant to the Company’s 2002 Chief Executive Officer Stock Option Plan (the “Plan”).

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October 8, 2002 Mr. Alfred J. Novak 9375 S.W. 60th Avenue Miami, FL 33156 Dear Al:
Novoste Corp /Fl/ • March 31st, 2003 • Electromedical & electrotherapeutic apparatus • Georgia

We are delighted to welcome you as you join Novoste Corporation (“Novoste”) as its new President and Chief Executive Officer (CEO). This letter sets forth the agreement between you and Novoste as to the terms and conditions of your employment by Novoste.

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