0000950133-05-000121 Sample Contracts

MARTEK BIOSCIENCES CORPORATION 2004 STOCK INCENTIVE PLAN NONQUALIFIED STOCK OPTION AGREEMENT
Nonqualified Stock Option Agreement • January 13th, 2005 • Martek Biosciences Corp • Biological products, (no disgnostic substances)

Martek Biosciences Corporation, a Delaware corporation (the “Company”), hereby grants an option to purchase shares of its common stock, $.10 par value, (the “Stock”) to the optionee named below. The terms and conditions of the option are set forth in this cover sheet, in the attachment, and in the Company’s 2004 Stock Incentive Plan (the “Plan”).

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MASTER EQUIPMENT LEASE
Master Equipment Lease • January 13th, 2005 • Martek Biosciences Corp • Biological products, (no disgnostic substances) • New York

Lessee: MARTEK BIOSCIENCES KINGSTREE CORPORATION, a corporation organized and registered under the laws of the State of Delaware.

MARTEK BIOSCIENCES CORPORATION 2003 NEW EMPLOYEE STOCK OPTION PLAN STOCK OPTION AGREEMENT (NON-QUALIFIED)
Stock Option Agreement • January 13th, 2005 • Martek Biosciences Corp • Biological products, (no disgnostic substances) • Delaware

This Option Agreement is made as of ___, 2003, by and between Martek Biosciences Corporation, a Delaware corporation (the “Company”), and ___, an individual who is employed by, or providing services to, the Company or one of its Affiliates (the “Optionee”).

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