Combined Incentive and Nonqualified Stock Option Agreement Sample Contracts

COMBINED INCENTIVE AND NONQUALIFIED STOCK OPTION AGREEMENT
Combined Incentive and Nonqualified Stock Option Agreement • July 23rd, 2004 • Global Precision Medical Inc • Mining & quarrying of nonmetallic minerals (no fuels) • British Columbia

WHEREAS, Global Precision Medical Inc., a Wyoming corporation (the "Company"), believes that it is in the best interests of the Company to make its stock available to selected employees, directors, consultants or independent contractors of or to the Company or any of its present or future parent or subsidiary corporations or to any other person providing good and valuable consideration to the Company, as an inducement to maintain the initial and/or continuing participation of <<FirstName>> <<LastName>> (the "Optionee") within the Company; and

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COMBINED INCENTIVE AND NONQUALIFIED STOCK OPTION AGREEMENT
Combined Incentive and Nonqualified Stock Option Agreement • September 8th, 2003 • Global Precision Medical Inc • Mining & quarrying of nonmetallic minerals (no fuels) • British Columbia

WHEREAS, Global Precision Medical Inc., a British Columbia corporation (the "Company"), believes that it is in the best interests of the Company to make its stock available to selected employees, directors, consultants or independent contractors of or to the Company or any of its present or future parent or subsidiary corporations or to any other person providing good and valuable consideration to the Company, as an inducement to maintain the initial and/or continuing participation of Lindsay Semple (the "Optionee") within the Company; and WHEREAS the Board of Directors of the Company has granted an incentive or nonqualified stock option to the Optionee under the terms hereof, and WHEREAS the Company has established the Company's 2002 Option Plan (the "Plan") for the purpose of making shares of ownership of the Company available to selected employees, directors, consultants or independent contractors of or to the Company or any of its present or future parent or subsidiary cor

COMBINED INCENTIVE AND NONQUALIFIED STOCK OPTION AGREEMENT
Combined Incentive and Nonqualified Stock Option Agreement • September 8th, 2003 • Global Precision Medical Inc • Mining & quarrying of nonmetallic minerals (no fuels) • British Columbia

WHEREAS, Global Precision Medical Inc., a British Columbia corporation (the "Company"), believes that it is in the best interests of the Company to make its stock available to selected employees, directors, consultants or independent contractors of or to the Company or any of its present or future parent or subsidiary corporations or to any other person providing good and valuable consideration to the Company, as an inducement to maintain the initial and/or continuing participation of James Elliott (the "Optionee") within the Company; and WHEREAS the Board of Directors of the Company has granted an incentive or nonqualified stock option to the Optionee under the terms hereof, and WHEREAS the Company has established the Company's 2002 Option Plan (the "Plan") for the purpose of making shares of ownership of the Company available to selected employees, directors, consultants or independent contractors of or to the Company or any of its present or future parent or subsidiary corpor

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