Acceptance of Option Amendment Sample Contracts

Acceptance of Option Amendment
Acceptance of Option Amendment • August 7th, 2008 • Sunesis Pharmaceuticals Inc • Pharmaceutical preparations

By signing below, I hereby accept the offer of Sunesis Pharmaceuticals, Inc. (the “Company”) to amend my outstanding stock options (set forth on Schedule 1 hereto) that will have vested as of my termination of employment with the Company, together with any options that will vest in the event I sign that certain Release Agreement provided to me by the Company on June 13, 2008 and I allow such Release Agreement to become effective (collectively, “Options”) to extend the post-termination exercise period of such Options until the earlier of (i) the original end of the term of each such Option or (ii) June 30, 2009. I understand that any Option so amended may cease to qualify as an “incentive stock option” to the extent such Option previously would have qualified as an “incentive stock option.” I have been encouraged by the Company to consult with my tax advisor for guidance on the tax implications of this Acceptance of Option Amendment. Except as described in this Acceptance of Option Amen

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