Exhibit 10.2
NONSTATUTORY STOCK OPTION

Granted by

Zosano Pharma Corporation (the “Company”)

Under the Amended and Restated 2014 Equity and Incentive Plan

This option (this “Option”) is and shall be subject in every respect to the
provisions of the Company’s Amended and Restated 2014 Equity and Incentive Plan,
as amended from time to time (the “Plan”), which is incorporated herein by
reference and made a part hereof. The holder of this Option (the “Holder”)
hereby accepts this Option subject to all the terms and provisions of the Plan
and agrees that (a) in the event of any conflict between the terms hereof and
those of the Plan, the latter shall prevail, and (b) all decisions under and
interpretations of the Plan by the Board or the Committee shall be final,
binding and conclusive upon the Holder and his or her heirs and legal
representatives. The Notice of Grant provided to you through E*TRADE with
respect this Option (the “Notice of Grant”) is incorporated herein by reference
and made a part hereof. Capitalized terms used but not otherwise defined in this
Option shall have the meanings given to such terms in the Plan.

1. Name of Holder: [______]

2. Date of Grant: [______]

3. Number of Shares Subject to Option: [______]

4. Vesting Start Date: [______]

5. Vesting Schedule. [This Option shall vest and become exercisable in a single
installment on the first anniversary of the Vesting Start Date, subject to the
Holder’s continued service with the Company through such vesting date.] [This
Option shall be exercisable monthly in substantially equal installments over
four years from the Vesting Start Date so that the Option shall be fully vested
on the fourth anniversary of the Vesting Start Date, subject to the Holder’s
continued service with the Company through each applicable vesting date.] All
vesting shall cease upon the date, as determined by the Committee, that the
Holder’s service terminates for any reason (such date, the “Termination Date”).

6. Exercise Price Per Share: $[____]

7. Expiration Date: [_____]

8. Method of Exercise. This Option may be exercised by the delivery of written
notice to the Company setting forth the number of shares with respect to which
the Option is to be exercised, together with payment by (i) cash, or certified
or bank check or other instrument acceptable to the Administrator for an amount
equal to the aggregate exercise price of the shares being purchased; or (ii)
instructing a broker on the Holder’s behalf to sell shares of Stock otherwise
issuable to the Holder upon exercise of the Option and submit the proceeds of
such sale to the Company.

9. Termination of Services. This Option shall terminate on the earliest to occur
of:

(i) the Expiration Date set forth above;

(ii) three (3) months following the Termination Date upon any termination other
than for Disability or death; or

(iii) twelve (12) months following the Termination Date upon termination for
Disability or death, or if the Holder dies within three (3) months after his or
her Termination Date.

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10. Tax Withholding. The Company’s obligation to deliver shares shall be subject
to the Holder’s satisfaction of any federal, state and local income and
employment tax withholding requirements.

11. Adjustments. The Holder acknowledges that the Option is subject to
modification and termination in certain events as provided in Sections 4(b) and
20 of the Plan.

12. Certain Incorporations. Without limiting the generality of any other
provision of this Agreement, Sections 6(b) (“Non-transferability of Options”),
16 (“Section 409A Awards”), 18 (“Amendments and Termination”), 21(a) (“No
Distribution; Compliance with Legal Requirements”), 21(c) (“Other Compensation
Arrangements; No Employment Rights”), and 21(e) (“Forfeiture of Awards under
Sarbanes-Oxley Act”) of the Plan are hereby expressly incorporated into this
Agreement as if first set forth herein.

13. Entire Agreement; Governing Law. The Plan, the Notice of Grant and this
Agreement constitute the entire agreement of the parties and supersede in their
entirety all prior undertakings and agreements of the Company and the Holder
with respect to the subject matter hereof, provided that the Option shall be
subject to any accelerated vesting provisions in any written agreement between
the Holder and the Company or a Company plan pursuant to which the Holder
participates, in each case, in accordance with the terms therein. The laws of
the State of Delaware shall govern the interpretation, validity, administration,
enforcement and performance of the terms of this Agreement regardless of the law
that might be applied under principles of conflicts of laws.

14. Notice. Any notice to be given to the Company hereunder shall be deemed
sufficient if addressed to the Company and delivered to the office of the
Company, Zosano Pharma Corporation, 34790 Ardentech Court, Fremont, CA 94555,
attention of the President and CEO, or such other address as the Company may
hereafter designate. Any notice to be given to the Holder hereunder shall be
deemed sufficient if addressed to and delivered in person to the Holder at his
or her address furnished to the Company or when deposited in the mail, postage
prepaid, addressed to the Holder at such address.

IN WITNESS WHEREOF, the parties have executed this Option, or caused this Option
to be executed, as of the Date of Grant.
ZOSANO PHARMA CORPORATION
By:

Name:
Title:

The undersigned Holder hereby acknowledges receipt of a copy of the Plan, the
Notice of Grant and this Option, and agrees to the terms of this Option and the
Plan.