0001104659-04-034294 Sample Contracts

EXELIXIS, INC. Stock Option Agreement (Incentive and Nonstatutory Stock Options)
Stock Option Agreement • November 8th, 2004 • Exelixis Inc • Services-commercial physical & biological research

Pursuant to your stock option grant as evidenced by the Certificate of Stock Option Grant on the Smith Barney Stock Plan Services website (“the Grant Certificate”) and this Stock Option Agreement, Exelixis, Inc. (the “Company”) has granted you an option under its 2000 Equity Incentive Plan (the “Plan”) to purchase the number of shares of the Company’s Common Stock indicated in your Grant Certificate at the exercise price indicated in your Grant Certificate. Defined terms not explicitly defined in this Stock Option Agreement but defined in the Plan shall have the same definitions as in the Plan.

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EXELIXIS, INC. STOCK OPTION AGREEMENT (NONSTATUTORY STOCK OPTION)
Stock Option Agreement • November 8th, 2004 • Exelixis Inc • Services-commercial physical & biological research

Pursuant to your Certificate of Stock Option Grant on the Smith Barney Stock Plan Services website (“the Grant Certificate”) and this Stock Option Agreement, Exelixis, Inc. (the “Company”) has granted you an option under its 2000 Non-Employee Directors’ Stock Option Plan (the “Plan”) to purchase the number of shares of the Company’s Common Stock indicated in your Grant Certificate at the exercise price indicated in your Grant Certificate. Defined terms not explicitly defined in this Stock Option Agreement but defined in the Plan shall have the same definitions as in the Plan.

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