EX-4.20 AGREEMENT - SURRENDER OF STOCK OPTIONS - EMPLOYEESSurrender of Stock Options • October 17th, 2001 • Consygen Inc • Services-prepackaged software
The undersigned is the holder of options to purchase _________________ shares of common stock ("Options") of ConSyGen, Inc. (the "Company"). The agreement(s) evidencing the Options are hereby amended to (i) reduce the exercise price to $_____ per share, (ii) increase option shares to purchase to _______________, and (iii) provide that the Options shall not be exercisable until such time as the Company increases to at least 125,000,000 the number of its authorized but unissued shares of common stock and completes an S-8 registration.
