0001104659-20-117717 Sample Contracts

VALLON PHARMACEUTICALS, INC. NONQUALIFIED STOCK OPTION AGREEMENT
Nonqualified Stock Option Agreement • October 23rd, 2020 • Vallon Pharmaceuticals, Inc. • Pharmaceutical preparations • Delaware

Vallon Pharmaceuticals, Inc. (the “Company”), grants to the Grantee named below, in accordance with the terms of Vallon Pharmaceuticals, Inc. 2018 Equity Incentive Plan (the “Plan”) and this Nonqualified Stock Option Agreement (the “Agreement”), an option (the “Stock Option”) to purchase the number of shares of common stock of the Company (the “Shares”) at the exercise price per Share (“Exercise Price”) as follows:

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VALLON PHARMACEUTICALS, INC. INCENTIVE STOCK OPTION AGREEMENT
Incentive Stock Option Agreement • October 23rd, 2020 • Vallon Pharmaceuticals, Inc. • Pharmaceutical preparations • Delaware

Vallon Pharmaceuticals, Inc. (the “Company”), grants to the Grantee named below, in accordance with the terms of Vallon Pharmaceuticals, Inc. 2018 Equity Incentive Plan (the “Plan”) and this Incentive Stock Option Agreement (the “Agreement”), an option (the “Stock Option”) to purchase the number of shares of common stock of the Company (the “Shares”) at the exercise price per Share (“Exercise Price”) as follows:

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