ADVENTRX Pharmaceuticals, Inc. 2008 Omnibus Incentive Plan
[Non-Statutory] [Incentive] Stock Option Grant Agreement
THIS [NON-STATUTORY] [INCENTIVE] STOCK OPTION GRANT AGREEMENT (this
“Agreement”), effective as of , 20___(the “Grant Date”), is entered into by and between
ADVENTRX Pharmaceuticals, Inc., a Delaware corporation (the “Company”), and (the
1. Grant of Option . The Company hereby grants to the Grantee a [non-statutory] stock option (the
“Option”) to purchase
shares of common stock of the Company, par value $0.001 per share (the “Shares”), at the exercise price of $
per Share (the “Exercise Price”). The Option is [not] intended to qualify as an incentive stock
option under Section 422 of the Code.
2. Subject to the Plan . This Agreement is subject to the provisions of the ADVENTRX Pharmaceuticals,
Inc. 2008 Omnibus Incentive Plan (the “Plan”), and, unless the context requires otherwise, terms used herein shall
have the same meaning as in the Plan. In the event of a conflict between the provisions of the Plan and this
Agreement, the Plan shall control.
3. Term of Option . Unless the Option terminates earlier pursuant to the provisions of this Agreement, the
Option shall expire on the tenth anniversary of the Grant Date.
4. Vesting . The Option shall become vested with respect to one-fourth of the Shares on [Month/Day/Year]
and as to one forty-eighth of the Shares at the end of each successive month thereafter until all of the Shares have
vested; provided , however, that the Grantee is then providing Services.
5. Exercise of Option
(a) Manner of Exercise . To the extent vested, the Option may be exercised, in whole or in part, by delivering
written notice to the Company in accordance with paragraph (g) of Section 8 in such form as the Company may
require from time to time. Such notice shall specify the number of Shares subject to t