INTERNATIONAL STEM CELL CORPORATION NON-QUALIFIED STOCK OPTION AGREEMENT (Time- Based Vesting)Non-Qualified Stock Option Agreement • March 23rd, 2010 • International Stem Cell CORP • Pharmaceutical preparations • California
THIS NON-QUALIFIED STOCK OPTION AGREEMENT (this “Agreement”) dated as of, (“Grant Date”), is between International Stem Cell Corporation, a Delaware Corporation (the “Company”), and (the “Recipient”). The stock option granted by this Agreement has not been granted under the International Stem Cell Corporation 2006 Equity Participation Plan (the “Plan”). However, for administrative convenience and simplicity, the parties refer to the Plan for certain defined terms and standard provisions. Capitalized terms used in this Agreement without definition shall have the meaning ascribed to such terms in the Plan.
