0001092662-06-000025 Sample Contracts

CHEMBIO DIAGNOSTICS, INC. STOCK OPTION AGREEMENT (Directors’ Non-Qualified Stock Option)
Stock Option Agreement • April 3rd, 2006 • Chembio Diagnostics, Inc. • Pharmaceutical preparations • New York

THIS STOCK OPTION AGREEMENT (this “Agreement”) is made and entered into as of the _____________ day of _____________, ______________ by and between Chembio Diagnostics, Inc., a Nevada corporation (the “Company”), and _________________ (the “Optionee”).

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CHEMBIO LETTERHEAD]
Letter Agreement • April 3rd, 2006 • Chembio Diagnostics, Inc. • Pharmaceutical preparations

Re: Securities Purchase Agreement dated as of January 26, 2005 among Chembio Diagnostics, Inc. (“Chembio”), Crestview Capital Master, LLC (“Crestview”), and other purchasers (the “Agreement”)

CHEMBIO DIAGNOSTIC SYSTEMS, INC. STOCK OPTION AGREEMENT (Incentive Option)
Stock Option Agreement • April 3rd, 2006 • Chembio Diagnostics, Inc. • Pharmaceutical preparations • Colorado

THIS STOCK OPTION AGREEMENT (the “Agreement”) is made and entered into as of the ___ day of __________ 1999 by and between Chembio Diagnostic Systems, Inc., a Delaware corporation (the “Company”), and _______________ (the “Optionee”).

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