0001043873-06-000010 Sample Contracts

NOVADEL PHARMA INC. 1998 STOCK OPTION PLAN NONQUALIFIED STOCK OPTION AGREEMENT
Nonqualified Stock Option Agreement • March 15th, 2006 • Novadel Pharma Inc • Pharmaceutical preparations • Delaware

AGREEMENT, made as of this 17th day of January, 2006, by and between NOVADEL PHARMA INC., a Delaware corporation having offices at 25 Minneakoning Road, Flemington, NJ 08822 (the “Company”) and STEVEN B. RATOFF, 5291 N. Camino Sumo, Tucson, AZ 85718 (the “Optionee”).

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