ARCADIA RESOURCES, INC.
NON-QUALIFIED STOCK OPTION AGREEMENT
THIS NON-QUALIFIED STOCK OPTION AGREEMENT (the "Agreement") is made as of the effective
date specified below (the "Effective Date") by and between ARCADIA RESOURCES, INC., a Nevada
corporation (the "Company"), and the undersigned employee of the Company or one or more of the Company's
subsidiaries (the "Optionee"). The Company and Optionee are sometimes referred to individually as a "Party" and
collectively as the "Parties."
A. The Company desires that Optionee exert his or her utmost efforts to improve the business and increase the
assets of the Company.
B. As a matter of separate inducement and not in lieu of salary, other compensation or benefits payable for the
services of Optionee, the Company desires to grant Optionee the right and option, but not the obligation, to
purchase shares of the Company's fully-paid and non-assessable common stock (the "Common Stock"). Shares
of the Common Stock are individually referred to as a "Share" and collectively as the "Shares."
NOW, THEREFORE, in consideration of the mutual covenants set forth below, and other good and valuable
consideration, the adequacy and receipt of which are acknowledged, the Parties agree as follows:
1. GRANT OF OPTION. Subject to and contingent on satisfaction of all of the terms and conditions of this
Agreement, the Company hereby grants to Optionee the right and option to purchase from the Company, during
the Term of the Option and at the Exercise Price, up to the aggregate number of Shares of the Common Stock
specified in Exhibit "A," attached hereto and incorporated herein by reference (the "Option"), to the extent that
the Option shall have vested. The number of Shares subject to the Option are subject to adjustment as provided
in this Agreement. Nothing in this Agreement shall confer upon Optionee any right to commence or continue
employment with the Company or of any of its subsidiaries, nor interfere in any way with