Exhibit 10.3

Memory Pharmaceuticals Corp.

Notice of Stock Option Grant
Under 2004 Stock Incentive Plan

Notice is hereby given of the following option grant (the “Option”) to purchase
shares of Common Stock of Memory Pharmaceuticals Corp. (the “Company”):

Optionee:
________________________________________________________________________

Grant Date:
______________________________________________________________________

Vesting Commencement Date:
_______________________________________________________

Exercise Price: $ _______________________ per share

Number of Option Shares: ________________shares of Common Stock

Termination Date:
________________________________________________________________

Type of Option: __________ Incentive Stock Option

__________ Non-Statutory Stock Option

Vesting Schedule: The Option Shares shall initially be unvested. The Optionee
shall acquire a vested interest in the Option Shares in a series of sixteen
(16) successive equal quarterly installments upon the Optionee’s completion of
each quarter of Service over the forty-eight (48) month period measured from the
Vesting Commencement Date, with the first installment vesting on the three-month
anniversary of the Vesting Commencement Date. In no event shall any additional
Option Shares vest after the Optionee’s cessation of Service.

The Optionee understands and agrees that the Option is granted subject to and in
accordance with the terms of the Memory Pharmaceuticals Corp. 2004 Stock
Incentive Plan (the “Plan”). The Optionee further agrees to be bound by the
terms of the Option as set forth in this Notice of Grant and in the Stock Option
Agreement attached hereto as Exhibit A, as well as the terms of the Plan, which
is attached hereto as Exhibit B.

No Employment or Service Contract. Nothing in this Notice of Grant or in the
attached Stock Option Agreement or Plan shall confer upon the Optionee any right
to continue in Service for any period of specific duration or interfere with or
otherwise restrict in any way the rights of the Company (or any Parent or
Subsidiary employing or retaining the Optionee) or of the Optionee,

 

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which rights are hereby expressly reserved by each, to terminate the Optionee’s
Service at any time for any reason, with or without cause.

DATED: _________________, 20___

                      MEMORY PHARMACEUTICALS CORP.
 
           

      By:    

         

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      Title:    

         

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            OPTIONEE        
 
           
By:
           

 

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Address:
           

 

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ATTACHMENTS
Exhibit A — Stock Option Agreement
Exhibit B — 2004 Stock Incentive Plan