ENPATH MEDICAL, INC.Non-Employee Director and Medical Advisory Board Stock Option Agreement • March 24th, 2005 • Enpath Medical Inc • Surgical & medical instruments & apparatus • Minnesota
Pursuant to the Company’s 1999 Non-Employee Director and Medical Advisory Board Stock Option Plan (“Plan”), adopted in July 1999, for the purpose of encouraging ownership of shares of the Common Stock of the Company (“Common Shares”) by Non-Employee Directors and Medical Advisory Board Members (as defined in the Plan), the Company desires to afford Optionee an option to purchase Common Shares. This option does not qualify as an incentive stock option under Section 422A of the Internal Revenue Code of 1986, as amended.
