0001193125-04-140189 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • August 13th, 2004 • Synthetic Blood International Inc • Services-commercial physical & biological research • California

THIS EMPLOYMENT AGREEMENT (“Agreement”) is made effective as of February 1, 2000, between Synthetic Blood International, Inc., a New Jersey corporation, (hereinafter sometimes referred to as “SBI” or the “Corporation”) and Richard Kiral (“Employee”).

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SYNTHETIC BLOOD INTERNATIONAL, INC. STOCK WARRANT AGREEMENT
Stock Warrant Agreement • August 13th, 2004 • Synthetic Blood International Inc • Services-commercial physical & biological research • California

THIS STOCK WARRANT AGREEMENT is made this xxx day of xxxxxxxxx 200x by and between Synthetic Blood International, Inc, a corporation formed under the laws of the State of New Jersey (the “Company”), and xxxxxxxxxx, a citizen and resident of the State of xxxxxxxxx (the “Warrant Holder”).

OFFSHORE RESTRICTED SECURITIES SUBSCRIPTION AGREEMENT
Offshore Restricted Securities Subscription Agreement • August 13th, 2004 • Synthetic Blood International Inc • Services-commercial physical & biological research • California

This Agreement is executed in reliance upon the transaction exemption afforded by Regulation S (“Regulation S”) as promulgated by the Securities and Exchange Commission (“SEC”), under the Securities Act of 1933, as amended, (the “1933 Act”).

SYNTHETIC BLOOD INTERNATIONAL, INC. STOCK OPTION AGREEMENT
Stock Option Agreement • August 13th, 2004 • Synthetic Blood International Inc • Services-commercial physical & biological research • California

THIS STOCK OPTION AGREEMENT is made this xx day of xxxxxxx, 200x by and between Synthetic Blood International, Inc, a corporation formed under the laws of the State of New Jersey (the “Company”), and xxxxx, an offshore investor (the “Optionee”).

EMPLOYMENT AGREEMENT
Employment Agreement • August 13th, 2004 • Synthetic Blood International Inc • Services-commercial physical & biological research • California

THIS EMPLOYMENT AGREEMENT (“Agreement”) is made effective as of July 31, 2002, between Synthetic Blood International, Inc., a New Jersey corporation (hereinafter sometimes referred to as “SBI” or the “Corporation”) and Robert Nicora (“Employee”).

SYNTHETIC BLOOD INTERNATIONAL, INC. INCENTIVE STOCK OPTION AGREEMENT
Incentive Stock Option Agreement • August 13th, 2004 • Synthetic Blood International Inc • Services-commercial physical & biological research • California

THIS INCENTIVE STOCK OPTION AGREEMENT is made this xx day of Month, 200x by and between Synthetic Blood International, Inc, a corporation formed under the laws of the State of New Jersey (the “Company”), and xxxxxxxxxxxxxx, a citizen and resident of the State of California (the “Optionee”).

SYNTHETIC BLOOD INTERNATIONAL, INC. INCENTIVE STOCK OPTION AGREEMENT
Incentive Stock Option Agreement • August 13th, 2004 • Synthetic Blood International Inc • Services-commercial physical & biological research • California

THIS INCENTIVE STOCK OPTION AGREEMENT is made this xx day of Month, 200x by and between Synthetic Blood International, Inc, a corporation formed under the laws of the State of New Jersey (the “Company”), and xxxxxxxxxxxxxx, a citizen and resident of the State of California (the “Optionee”).

LICENSE AGREEMENT
License Agreement • August 13th, 2004 • Synthetic Blood International Inc • Services-commercial physical & biological research • Ohio

THIS AGREEMENT made and effective as of the date of last signing (herein the “Effective Date”) by and between SYNTHETIC BLOOD INTERNATIONAL, INC., hating a principal place of business at 3189 Airway Avenue, Building C, Costa Mesa, CA 92626 (hereinafter “Company”), and CHILDREN’S HOSPITAL RESEARCH FOUNDATION an operating, division of Children’s Hospital Medical Center (hereinafter “CHRF”), having a principal place of business at 3333 Burnet Avenue, Cincinnati, Ohio 45229-3039, TJSA.

SYNTHETIC BLOOD INTERNATIONAL, INC. STOCK OPTION AGREEMENT
Stock Option Agreement • August 13th, 2004 • Synthetic Blood International Inc • Services-commercial physical & biological research • California

THIS STOCK OPTION AGREEMENT is made this 3rd day of December, 2003 by and between Synthetic Blood International, Inc, a corporation formed under the laws of the State of New Jersey (the “Company”), and Andreas Camenzind, a citizen and resident of Zurich, Switzerland (the “Optionee”).

AGREEMENT SYNTHETIC BLOOD INTERNATIONAL, INC. San Diego, California, 92101
Agreement • August 13th, 2004 • Synthetic Blood International Inc • Services-commercial physical & biological research

THIS AGREEMENT is by and between Leland C. Clark, Jr., Ph.D., (hereinafter referred to as “Clark”) and Synthetic Blood International, Inc. (hereinafter referred to as “Synthetic”).

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