0001144204-06-010771 Sample Contracts

ZIOPHARM, INC. Option for the Purchase of Shares of Common Stock October 15, 2004
Option Agreement • March 20th, 2006 • Ziopharm Oncology Inc • Services-specialty outpatient facilities, nec • New York

This Option is being granted pursuant to the Section 4.1 of that certain License Agreement dated as of October 15, 2004 by and between the Company and DEKK-Tec, Inc. (the “License Agreement”). Capitalized terms not otherwise defined in this Option shall have the meanings ascribed to such terms in the License Agreement.

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ZIOPHARM Oncology, Inc. Stock Option Agreement (Non-Statutory)
Stock Option Agreement • March 20th, 2006 • Ziopharm Oncology Inc • Services-specialty outpatient facilities, nec • New York

This Stock Option Agreement is made and entered into as of the ___ day of ______________, 200__, between _____________________ (“Director”) and ZIOPHARM Oncology, Inc., a Delaware corporation (the “Company”).

Ziopharm Oncology, Inc. Stock Option Agreement (Non-Statutory)
Stock Option Agreement • March 20th, 2006 • Ziopharm Oncology Inc • Services-specialty outpatient facilities, nec • New York

This Stock Option Agreement is made and entered into as of the ___ day of ___________, 200__, between _________________ (“Employee”) and ZIOPHARM Oncology, Inc., a Delaware corporation (the “Company”).

ZIOPHARM, INC. Option for the Purchase of Shares of Common Stock
Option Agreement • March 20th, 2006 • Ziopharm Oncology Inc • Services-specialty outpatient facilities, nec • New York

FOR VALUE RECEIVED, ZIOPHARM, INC., a Delaware corporation (the "Company"), hereby certifies that THE UNIVERSITY OF TEXAS M.D. ANDERSON CANCER CENTER or its registered assigns (the "Holder") is entitled to purchase from the Company, subject to the provisions of this Option, at any time following the Vesting Date (as defined below) and prior to 5:00 P.M. Eastern Standard Time on the date that is five years from the Vesting Date (the "Termination Date"), fully paid and non-assessable shares of the Common Stock, $.001 par value, of the Company ("Common Stock") at an initial per share exercise price equal to $0.001(the "Per Share Exercise Price"), or an aggregate exercise price of (the "Aggregate Exercise Price"). The shares of Common Stock deliverable upon such exercise are sometimes referred to in this Option as the "Option Shares."

Ziopharm Oncology, Inc. Incentive Stock Option Agreement
Incentive Stock Option Agreement • March 20th, 2006 • Ziopharm Oncology Inc • Services-specialty outpatient facilities, nec • New York

This Stock Option Agreement is made and entered into as of the ___ day of ___________, 200__, between _________________ (“Employee”) and ZIOPHARM Oncology, Inc., a Delaware corporation (the “Company”).

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