0001354488-15-000734 Sample Contracts

ALGAE DYNAMICS CORP. NONQUALIFIED SHARE OPTION AGREEMENT
Nonqualified Share Option Agreement • February 18th, 2015 • Algae Dynamics Corp. • Medicinal chemicals & botanical products • Ontario

THIS NONQUALIFIED SHARE OPTION AGREEMENT (this “Agreement”) dated December 11, 2014 between Algae Dynamics Corp., a Canadian corporation (the “Company”), and Ross Eastley (“Optionee”).

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ALGAE DYNAMICS CORP. NONQUALIFIED SHARE OPTION AGREEMENT
Nonqualified Share Option Agreement • February 18th, 2015 • Algae Dynamics Corp. • Medicinal chemicals & botanical products • Ontario

THIS NONQUALIFIED SHARE OPTION AGREEMENT (this “Agreement”) dated December 11, 2014 between Algae Dynamics Corp., a Canadian corporation (the “Company”), and Sandra Elsley (“Optionee”).

MUTUAL RELEASE AGREEMENT
Mutual Release Agreement • February 18th, 2015 • Algae Dynamics Corp. • Medicinal chemicals & botanical products

This document is a mutual release (“Release”) between ALGAE DYNAMICS CORP., a Canadian corporation (the “Company”), and SANDRA ELSLEY, an Ontario resident (“Elsley”). At times, the individual and entity set forth above will be collectively referred to as the “Parties.”

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