0001047469-03-028082 Sample Contracts

AMYLIN PHARMACEUTICALS, INC. 2003 NON-EMPLOYEE DIRECTORS' STOCK OPTION PLAN STOCK OPTION AGREEMENT (NONSTATUTORY STOCK OPTION)
Plan Stock Option Agreement • August 18th, 2003 • Amylin Pharmaceuticals Inc • Pharmaceutical preparations

Pursuant to your Stock Option Grant Notice ("Grant Notice") and this Stock Option Agreement, Amylin Pharmaceuticals, Inc. (the "Company") has granted you an option pursuant to the Company's 2003 Non-Employee Directors' Stock Option Plan (the "Plan") to purchase the number of shares of the Company's Common Stock indicated in your Grant Notice at the exercise price indicated in your Grant Notice. Options granted under the Plan are issued under the Company's 2001 Equity Incentive Plan (the "Incentive Plan"), and any shares of the Company's Common Stock issued upon exercise of your option will be issued out of shares reserved for issuance under the Incentive Plan. Defined terms not explicitly defined in this Stock Option Agreement but defined in the Incentive Plan shall have the same definitions as in the Incentive Plan except to the extent otherwise defined in the Plan.

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