Exhibit 10.3

 

Nuvelo, Inc.

 

NOTICE OF GRANT OF STOCK OPTION

 

                         (the “Optionee”) has been granted an option (the
“Option”) to purchase certain shares of Stock of Nuvelo, Inc. pursuant to the
Nuvelo, Inc. 2004 Equity Incentive Plan (the “Plan”), as follows:

 

Date of Option Grant:

  

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Option Number:

  

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Number of Option Shares:

  

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Exercise Price:

   $             per share

Begin Vest Date:

  

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Option Expiration Date:

  

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Tax Status of Option:

  

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The total option price of the shares granted is $                        .

 

Shares in each period will become fully vested on the date shown.

 

Shares

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Expiration

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Full Vest

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Vest Type

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Begin Vest Date

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  On Vest Date  

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By their signatures below, the Company and the Optionee agree that the Option is
governed by this Notice and by the provisions of the Plan and the Stock Option
Agreement, both of which are attached to and made a part of this document. The
Optionee acknowledges receipt of copies of the Plan and the Stock Option
Agreement, represents that the Optionee has read and is familiar with their
provisions, and hereby accepts the Option subject to all of their terms and
conditions.

 

Nuvelo, Inc.

     

OPTIONEE

By:                        

Signature

Its:

                       

Date

Address:   675 Almanor Avenue

Sunnyvale, CA 94085

                   

Address

                           

 

ATTACHMENTS:

 

2004 Equity Incentive Plan as amended to the Date of Option Grant; Stock Option
Agreement and Exercise Notice

 

Date:

 

Time: