DUSKA THERAPEUTICS, INC.
INCENTIVE STOCK OPTION AGREEMENT
THIS INCENTIVE STOCK OPTION AGREEMENT (“Agreement”), is made as of the day of , 200 by
and between Duska Therapeutics, Inc., a Nevada corporation (the “Company”), and (“Optionee”).
Pursuant to the 2004 Equity Incentive Plan (the “Plan”) of the Company, the Board of Directors of the Company or a
committee to which administration of the Plan is delegated by the Board of Directors (in either case, the “Administrator”) has
authorized the granting to Optionee of an incentive stock option to purchase the number of shares of Common Stock of the
Company specified in Section 1 hereof, at the price specified therein, such option to be for the term and upon the terms and
conditions hereinafter stated.
NOW, THEREFORE, in consideration of the promises and of the undertakings of the parties hereto contained herein, it is
1. Number of Shares; Option Price . Pursuant to said action of the Administrator, the Company hereby grants to Optionee
the option (“Option”) to purchase, upon and subject to the terms and conditions of the Plan, shares of Common Stock
of the Company (“Shares”) at the price of $ per share.
2. Term . This Option shall expire on the day before the [fifth: 10% stockholder] anniversary of the date of grant
of the Option (the “Expiration Date”), unless such Option shall have been terminated prior to that date in accordance with the
provisions of the Plan or this Agreement. The term “Affiliate” as used herein shall have the meaning as set forth in the Plan.
3. Shares Subject to Exercise . This Option shall be exercisable in installments as to [ % of the Shares on and after the
first anniversary of the date hereof, ___% of the Shares on and after the second anniversary of the date hereof, % of the
Shares on and after the t