SECOND AMENDED AND RESTATED
POZEN INC. 2000 EQUITY COMPENSATION PLAN
INCENTIVE STOCK OPTION GRANT
This STOCK OPTION GRANT, dated as of ____________, 20__ (the “Date of Grant”), is delivered
by POZEN Inc. (the “Company”) to _______________ (the “Grantee”).
The Second Amended and Restated POZEN Inc. 2000 Equity Compensation Plan (the “Plan”),
provides for the grant of options to purchase shares of common stock of the Company. The Compensation
Committee (the “Committee”) of the Board of Directors has decided to make a stock option grant as an
inducement for the Grantee to promote the best interests of the Company and its stockholders. A copy of the
Plan is attached.
NOW, THEREFORE, the parties to this Agreement, intending to be legally bound hereby, agree as
1. Grant of Option .
(a) Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company
hereby grants to the Grantee an incentive stock option (the “Option”) to purchase _________ shares of common
stock of the Company (“Shares”) at an exercise price of $_____ per Share. The Option shall vest and become
exercisable according to Paragraph 2 below.
(b) The Option is designated as an incentive stock option, as described in Paragraph 5
below. However, if and to the extent the Option exceeds the limits for, or otherwise fails to qualify as, an
incentive stock option, as described in Paragraph 5, the Option shall be and be treated as a nonqualified stock
2. Exercisability of Option . The Option shall vest and become exercisable on the following dates, if the
Grantee is employed by, or providing service to, the Company (as defined in the Plan) on the applicable date:
Date Shares for Which the Option is Exercisable
[INSERT VESTING DATES/ SCHEDULE]
The exercisability of the Option is cumulative. If the foregoing schedule would produce fractio