STOCK OPTION PLAN OF ENDO TECHNIC INTERNATIONAL CORPORATION
NON-QUALIFIED STOCK OPTION AGREEMENT
This Non-Qualified Stock Option Agreement (the “Agreement”) is made by and between Endo Technic International
Corporation, a Delaware corporation (the “Company”), and (the “Optionee”) as of the date set forth on the
signature page hereto.
A. The Board of Directors of the Company (the “Board”) has established the Stock Option Plan of the Company (the
“Plan”), for the purpose of providing to Employees and Directors of the Company and others an opportunity to acquire shares
of the Company’s $.001 par value common stock (the “Shares”); and
B. The Board of Directors or the Stock Option Committee of the Company’s Board of Directors (the “Committee”)
appointed to administer the Plan has determined that it would be to the advantage and best interest of the Company and its
shareholders to grant the non-qualified stock option provided for herein (the “Option”) to the Optionee as an inducement to
remain in the service of the Company and as an incentive for increased efforts during such service, and has advised the
Company thereof and instructed it to issue the Option.
NOW, THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable
consideration, receipt of which is hereby acknowledged, the parties hereto do hereby agree as follows:
Whenever the following terms are used in this Agreement, they shall have the meaning specified below unless the context
clearly indicate to the contrary. Capitalized terms used herein and not otherwise defined shall have the meaning set forth in the
Plan. The masculine pronoun shall include the feminine and neuter, and the singular the plural, where the context so indicates.
Section 1.1 - Code
“Code” shall mean the Internal Revenue Code of 1986, as - amended.
Section 1.2 - Company