RICH
PHARMACEUTICALS, INC.




2017 STOCK OPTION/STOCK ISSUANCE PLAN


 


Article
One

GENERAL PROVISIONS


I.                  
PURPOSE OF THE PLAN


This
2017 Stock Option/Stock Issuance Plan is intended to promote the interests of Rich Pharmaceuticals, Inc., a Nevada corporation
(the “Corporation”), by providing eligible persons with the opportunity to acquire a proprietary interest,
or otherwise increase their proprietary interest, in the Corporation as an incentive for them to remain in the service of the
Corporation. Capitalized terms herein shall have the meanings assigned to such terms in the attached Appendix.


The
2017 Stock Option/Stock Issuance Plan was adopted by the board of directors of the Corporation on March 30, 2017.


II.               
STRUCTURE OF THE PLAN


A.   
The Plan shall be divided into two (2) separate equity programs:


(i)           
the Option Grant Program under which eligible persons may, at the discretion of the Plan Administrator, be granted stock options
to purchase shares of Common Stock, and


(ii)           
the Stock Issuance Program under which eligible persons may, at the discretion of the Plan Administrator, be issued shares of
Common Stock directly, either through the immediate purchase of such shares or as a bonus for Services rendered to the Corporation
(or any Parent or Subsidiary).


B.    
The provisions of Article One and Article Four shall apply to both equity programs under the Plan and shall accordingly govern
the interests of all persons under the Plan.


C.    
 The Plan in aggregate, including both the Option Grant Program and Stock Issuance Program will have a maximum number of shares
issued not to exceed 600,000,000 shares (subject to adjustment as provided in Article One/Section V(C)).


III.            
ADMINISTRATION OF THE PLAN


A.   
The Plan shall be administered by the Board. However, any or all administrative functions otherwise exercisable by the Board may
be delegated to the Committee. Members of the Committee shall serve for such periods of time as the Board may determine and shall
be subject to removal by the Board at any time. The Board may also at any time terminate the functions of the Committee and reassume
all powers and authority previously delegated to the Committee.



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B.    
The Plan Administrator shall have full power and authority (subject to the provisions of the Plan) to establish such rules and
regulations as it may deem appropriate for proper administration of the Plan and to make such determinations under, and issue
such interpretations of, the Plan and any outstanding stock options or stock issuances thereunder as it may deem necessary or
advisable. Decisions of the Plan Administrator shall be final and binding on all parties who have an interest in the Plan or any
stock option or stock issuance thereunder.


C.    
The Plan Administrator shall have full authority to determine, (i) with respect to the stock option grants under the Option Grant
Program, which eligible persons are to receive stock option grants, the time or times when such stock option grants are to be
made, the number of shares to be covered by each such grant, the status of the granted stock option as either an Incentive Option
or a Non-Statutory Option, the time or times at which each stock option is to become exercisable, the vesting schedule (if any)
applicable to the stock option shares and the maximum term for which the stock option is to remain outstanding, and (ii) with
respect to stock issuances under the Stock Issuance Program, which eligible persons are to receive stock issuances, the time or
times when such issuances are to be made, the number of shares to be issued to each Participant, the vesting schedule (if any)
applicable to the issued shares and the consideration to be paid by the Participant for such shares. The Plan Administrator shall
also have fully authority and discretion to:


1.     
correct any defect, supply any omission, or reconcile or clarify any inconsistency in the Plan or any Stock Option Award Agreement
or Stock Issuance Agreement;


2.     
accelerate the vesting, or extend the post-termination exercise term, or waive restrictions, of stock option or stock awards at
any time and under such terms and conditions as it deems appropriate;


3.     
interpret the Plan and any Stock Option Award Agreement or Stock Issuance Agreement;


4.     
make all other decisions relating to the operation of the Plan; and


5.     
grant stock option or stock awards to Employees, non-employee members of the Board or the board of directors of any Parent or
Subsidiary or consultants who are foreign nationals on such terms and conditions different from those specified in the Plan, which
may be necessary or desirable to foster and promote achievement of the purposes of the Plan, and adopt such modifications, procedures,
and/or subplans (with any such subplans attached as appendices to the Plan) and the like as may be necessary or desirable to comply
with provisions of the laws or regulations of other countries or jurisdictions to ensure the viability of the benefits from stock
option or stock awards granted to Optionees or Participants employed in such countries or jurisdictions, or to meet the requirements
that permit the Plan to operate in a qualified or tax efficient manner, and/or comply with applicable foreign laws or regulations.



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IV.            
ELIGIBILITY


A.   
The persons eligible to participate in the Plan are as follows:


(i)           
Employees,


(ii)           
non-employee members of the Board or the non-employee members of the board of directors of any Parent or Subsidiary, and


(iii)           
consultants and other independent advisors who provide services to the Corporation (or any Parent or Subsidiary).


V.               
STOCK SUBJECT TO THE PLAN


A.   
The stock issuable under the Plan shall be shares of authorized but unissued or reacquired Common Stock. The maximum number of
shares of Common Stock which may be issued under this Plan is: 600,000,000 shares of Common Stock (the "Share Limit")(subject
to adjustment as provided in Article One/Section V(C)); and


B.    
Shares of Common Stock subject to outstanding stock options shall be available for subsequent issuance under the Plan to the extent
(i) the stock options expire or terminate for any reason prior to exercise in full or (ii) the stock options are cancelled in
accordance with the cancellation/re-grant provisions of Article Two. Unvested shares issued under the Plan and subsequently repurchased
by the Corporation, at the stock option exercise price paid per share, pursuant to the Corporation’s repurchase rights under
the Plan shall be added back to the number of shares of Common Stock reserved for issuance under the Plan and shall accordingly
be available for reissuance through one or more subsequent stock option grants or direct stock issuances under the Plan.


C.    
Should any change be made to the Common Stock by reason of any stock split, stock dividend, recapitalization, combination of shares,
exchange of shares or other change affecting the outstanding Common Stock as a class without the Corporation’s receipt of
consideration, appropriate adjustments shall be made to (i) the Share Limit, (ii) the number and/or class of outstanding securities
issuable under the Plan, (iii) the number and/or class of securities available for awards, (iv) the number and/or class of securities
covered by each outstanding award and (v) the number and/or class of securities and the exercise price per share in effect under
each outstanding stock option in order to prevent the dilution or enlargement of benefits thereunder. The adjustments determined
by the Plan Administrator shall be final, binding and conclusive. In no event shall any such adjustments be made in connection
with the conversion of one or more outstanding shares of the Corporation’s preferred stock into shares of Common Stock.
Any adjustment of shares of Common Stock pursuant to this Article One, Section V(C) shall be rounded down to the nearest whole
number of shares of Common Stock. Under no circumstances shall the Corporation be required to authorize or issue fractional shares.
To the extent permitted by applicable law, no consideration shall be provided as a result of any fractional shares not being issued
or authorized.



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VI.            
INDEMNIFICATION


To
the maximum extent permitted by applicable law, each member of the Plan Administrator, or of the Board, or any persons (including
without limitation Employees and officers) who are delegated by the Board or Plan Administrator to perform administrative functions
in connection with the Plan, shall be indemnified and held harmless by the Corporation against and from (i) any loss, cost,
liability, or expense that may be imposed upon or reasonably incurred by him or her in connection with or resulting from any claim,
action, suit, or proceeding to which he or she may be a party or in which he or she may be involved by reason of any action taken
or failure to act under the Plan or any award agreement, and (ii) from any and all amounts paid by him or her in settlement
thereof, with the Corporation’s approval, or paid by him or her in satisfaction of any judgment in any such claim, action,
suit, or proceeding against him or her, provided he or she shall give the Corporation an opportunity, at its own expense, to handle
and defend the same before he or she undertakes to handle and defend it on his or her own behalf. The foregoing right of indemnification
shall not be exclusive of any other rights of indemnification to which such persons may be entitled under the Corporation’s
articles of incorporation or bylaws, by contract, as a matter of law, or otherwise, or under any power that the Corporation may
have to indemnify them or hold them harmless.


VII.         
BENEFICIARIES


An
Optionee or Participant may designate one or more beneficiaries with respect to an award by timely filing the prescribed form
with the Corporation. A beneficiary designation may be changed by filing the prescribed form with the Corporation at any time
before the Participant’s or Optionee's death. If no beneficiary was designated or if no designated beneficiary survives
the Participant or Optionee, then after a Participant’s or Optionee's death any vested award(s) shall be transferred or
distributed to the Participant’s or Optionee's estate.


VIII.      
CALIFORNIA PARTICIPANTS


Awards
to California Participants shall also be subject to the following terms regarding the time period to exercise vested stock options
after termination of Service. These additional terms shall apply until such time that the shares of Common Stock are publicly
traded and/or the Corporation is subject to the reporting requirements of the 1934 Act: In the event of termination of an Optionee's
Service, (i) if such termination was for reasons other than death or Disability or cause, the Optionee shall have at least 30
days after the date of such termination to exercise any of his/her vested outstanding stock options (but in no event later than
the expiration of the term of such stock options established by the Plan Administrator as of the award date) or (ii) if such termination
was due to death or Disability, the Optionee shall have at least six months after the date of such termination to exercise any
of his/her vested outstanding stock options (but in no event later than the expiration of the term of such stock options established
by the Plan Administrator as of the award date). 



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IX.            
CODE SECTION 409A


Notwithstanding
anything in the Plan to the contrary, the Plan and awards granted hereunder are intended to comply with the requirements of Code
Section 409A and shall be interpreted in a manner consistent with such intention. In the event that any provision of the Plan
or an award agreement is determined by the Plan Administrator to not comply with the applicable requirements of Code Section 409A
or the Treasury Regulations or other guidance issued thereunder, the Plan Administrator shall have the authority to take such
actions and to make such changes to the Plan or an award agreement as the Plan Administrator deems necessary to comply with such
requirements. Each payment to a Participant or Optionee made pursuant to this Plan shall be considered a separate payment and
not one of a series of payments for purposes of Code Section 409A. Notwithstanding the foregoing or anything elsewhere in the
Plan or an award agreement to the contrary, if upon a Participant’s or Optionee's Separation From Service he/she is then
a “specified employee” (as defined in Code Section 409A), then solely to the extent necessary to comply with Code
Section 409A and avoid the imposition of taxes under Code Section 409A, the Corporation shall defer payment of “nonqualified
deferred compensation” subject to Code Section 409A payable as a result of and within six (6) months following such Separation
From Service under this Plan until the earlier of (i) the first business day of the seventh month following the Participant’s
or Optionee's Separation From Service, or (ii) ten (10) days after the Corporation receives written confirmation of the Participant’s
or Optionee's death. Any such delayed payments shall be made without interest. In no event whatsoever shall the Corporation be
liable for any additional tax, interest or penalties that may be imposed on a Participant or Optionee by Code Section 409A or
any damages for failing to comply with Code Section 409A.


X.               
GENERAL


A.   
Electronic Communications. Subject to compliance with applicable law and/or regulations, an award agreement or other
documentation or notices relating to the Plan and/or awards may be communicated to Participants and Optionees by electronic media.


B.    
Unfunded Plan. Insofar as it provides for awards, the Plan shall be unfunded. Although bookkeeping accounts may
be established with respect to Participants or Optionees who are granted awards under this Plan, any such accounts will be used
merely as a bookkeeping convenience. The Corporation shall not be required to segregate any assets which may at any time be represented
by awards, nor shall this Plan be construed as providing for such segregation, nor shall the Corporation or the Plan Administrator
be deemed to be a trustee of stock or cash to be awarded under the Plan.


C.    
Liability of Corporation Plan. The Corporation (or members of the Board or Plan Administrator) shall not be liable
to a Participant or Optionee or other persons as to: (i) the non-issuance or sale of shares of Common Stock as to which the Corporation
has been unable to obtain from any regulatory body having jurisdiction the authority deemed by the Corporation's counsel to be
necessary to the lawful issuance and sale of any shares of Common Stock hereunder; and (ii) any unexpected or adverse tax consequence
or any tax consequence expected, but not realized, by any Participant or Optionee or other person due to the grant, receipt, exercise
or settlement of any award granted under this Plan.


D.   
Reformation. In the event any provision of this Plan shall be held illegal or invalid for any reason, such provisions
will be reformed by the Board if possible and to the extent needed in order to be held legal and valid. If it is not possible
to reform the illegal or invalid provisions then the illegality or invalidity shall not affect the remaining parts of this Plan,
and this Plan shall be construed and enforced as if the illegal or invalid provision had not been included.



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E.    
Successor Provision. Any reference to a statute, rule or regulation, or to a section of a statute, rule or regulation,
is a reference to that statute, rule, regulation, or section as amended from time to time, both before and after the date the
Plan was adopted and including any successor provisions.


F.     
Governing Law. This Plan, and (unless otherwise provided in the Stock Option Award Agreement or Stock Issuance Agreement)
all awards, shall be construed in accordance with and governed by the laws of the State of California, but without regard to its
conflict of law provisions. The Plan Administrator may provide that any dispute as to any award shall be presented and determined
in such forum as the Plan Administrator may specify, including through binding arbitration. Unless otherwise provided in the Stock
Option Award Agreement or Stock Issuance Agreement, recipients of an award under the Plan are deemed to submit to the exclusive
jurisdiction and venue of the federal or state courts of California to resolve any and all issues that may arise out of or relate
to the Plan or any related Stock Option Award Agreement or Stock Issuance Agreement.


Article
Two

OPTION GRANT PROGRAM


I.                  
STOCK OPTION TERMS


Each
stock option shall be evidenced by a Stock Option Award Agreement between the Optionee and the Corporation in a form approved
by the Plan Administrator; provided, however, that each such agreement shall comply with the terms specified below. Each
document evidencing an Incentive Option shall, in addition, be subject to the provisions of the Plan applicable to such stock
options. The provisions of the various Stock Option Award Agreements entered into under the Plan need not be identical. The Stock
Option Award Agreement shall also specify whether the stock option is an Incentive Option and if not specified then the stock
option shall be a Non-Statutory Option. Additionally the Stock Option Award Agreement shall specify the number of shares of Common
Stock that are subject to the stock option, set forth the stock option's exercise price (pursuant to the terms specified below),
specify the date when all or any installment of the stock option is to become vested and/or exercisable and specify the term of
the stock option.


A.   
Exercise Price.


1.     
The exercise price per share shall be fixed by the Plan Administrator in accordance with the following provisions:


(i)           
The exercise price per share shall not be less than one hundred percent (100%) of the Fair Market Value per share of Common Stock
on the stock option grant date.


(ii)           
If the person to whom an Incentive Option is granted is a 10% Shareholder, then the exercise price per share shall not be less
than one hundred ten percent (110%) of the Fair Market Value per share of Common Stock on the Incentive Option grant date.



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2.     
Unless the terms of the Award and/or the Stock Option Award Agreement provide for cashless exercise, the exercise price shall
become immediately due upon exercise of the stock option and shall, subject to the documents evidencing the stock option, be payable
in cash or check made payable to the Corporation or by a promissory note as described in Section I of Article Four. Should the
Common Stock be registered under Section 12(g) of the 1934 Act at the time the stock option is exercised, then the exercise price
may also be paid as follows:


(i)           
in shares of Common Stock held for the requisite period necessary to avoid a charge to the Corporation’s earnings for financial
reporting purposes and valued at Fair Market Value on the Exercise Date, or


(ii)           
to the extent the stock option is exercised for vested shares, through a special sale and remittance procedure pursuant to which
the Optionee shall concurrently provide irrevocable written instructions to the Corporation to deliver the certificates for
the purchased shares directly to such brokerage firm in order to complete the sale.


Except
to the extent such sale and remittance procedure is utilized, payment of the exercise price for the purchased shares must be made
on the Exercise Date.


 B.    
Exercise and Term of Stock Options. Each stock option shall be exercisable at such time or times, during such period
and for such number of shares as shall be determined by the Plan Administrator and set forth in the documents evidencing the stock
option grant. However, no stock option shall have a term in excess of five (5) years measured from the stock option grant date. 


C.    
Effect of Termination of Service.


1.     
Unless the applicable Stock Option Award Agreement or employment agreement provides otherwise (and in such case, the Stock Option
Award Agreement or employment agreement shall govern as to the consequences of a termination of Service for such stock option
awards subject to the subsection (C)), the following provisions shall govern the exercise of any stock options held by the Optionee
at the time of cessation of Service or death:


(i)           
Should the Optionee cease to remain in Service for any reason other than Disability or death, then the Optionee shall have a period
of three (3) months following the date of such cessation of Service during which to exercise the vested portion of each outstanding
stock option held by such Optionee and all unvested portions of any outstanding stock option award shall be forfeited without
consideration as of the termination of Service date.



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(ii)           
Should Optionee’s Service terminate by reason of Disability, then the Optionee shall have a period of twelve (12) months
following the date of such cessation of Service during which to exercise the vested portion of each outstanding stock option held
by such Optionee and all unvested portions of any outstanding stock option award shall be forfeited without consideration as of
the termination of Service date.


(iii)           
If the Optionee dies while holding an outstanding stock option, then the personal representative of his or her estate or the person
or persons to whom the stock option is transferred pursuant to the Optionee’s will or the laws of inheritance shall have
a twelve (12)-month period following the date of the Optionee’s death to exercise the vested portion of such stock option
and all unvested portions of any outstanding stock option award shall be forfeited without consideration as of the date of death.


(iv)           
Under no circumstances, however, shall any such stock option be exercisable after the specified expiration of the stock option
term.


(v)           
During the applicable post-Service exercise period, the stock option may not be exercised in the aggregate for more than the number
of vested shares for which the stock option is exercisable on the date of the Optionee’s cessation of Service. Upon the
expiration of the applicable exercise period or (if earlier) upon the expiration of the stock option term, the stock option shall
terminate and cease to be outstanding for any vested shares for which the stock option has not been exercised.


2.     
The Plan Administrator shall have the discretion, either at the time a stock option is granted or at any time while the stock
option remains outstanding, provided that such time is prior to the forfeiture of the stock option, to:


(i)           
extend the period of time for which the stock option is to remain exercisable following Optionee’s cessation of Service
or death from the limited period otherwise in effect for that stock option to such greater period of time as the Plan Administrator
shall deem appropriate, but in no event beyond the expiration of the stock option term, and/or


(ii)           
permit the stock option to be exercised, during the applicable post-Service exercise period, not only with respect to the number
of vested shares of Common Stock for which such stock option is exercisable at the time of the Optionee’s cessation of Service
but also with respect to one or more additional installments in which the Optionee would have vested under the stock option had
the Optionee continued in Service.


D.   
Shareholder Rights. The holder of a stock option shall have no shareholder rights with respect to the shares subject
to the stock option until such person shall have exercised the stock option, paid the exercise price and any applicable withholding
taxes and become a holder of record of the purchased shares.



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E.    
Unvested Shares. The Plan Administrator shall have the discretion to grant stock options which are exercisable for
unvested shares of Common Stock. Should the Optionee cease Service while holding such unvested shares, the Corporation shall have
the right to repurchase, at the exercise price paid per share, all or (at the discretion of the Corporation and with the consent
of the Optionee) any of those unvested shares. The terms upon which such repurchase right shall be exercisable (including the
period and procedure for exercise and the appropriate vesting schedule for the purchased shares) shall be established by the Plan
Administrator and set forth in the document evidencing such repurchase right.


F.     
First Refusal Rights. Until such time as the Common Stock is first registered under Section 12(g) of the 1934
Act, the Corporation shall have the right of first refusal with respect to any proposed disposition by the Optionee (or any successor
in interest) of any shares of Common Stock issued under the Plan. Such right of first refusal shall be exercisable in accordance
with the terms established by the Plan Administrator and set forth in the document evidencing such right.


G.   
Limited Transferability of Stock Options. During the lifetime of the Optionee, the stock option shall be exercisable
only by the Optionee and shall not be assignable or transferable other than by will or by the laws of descent and distribution
following the Optionee’s death.


H.   
Withholding. The Corporation’s obligation to deliver shares of Common Stock upon the exercise of any stock
options granted under the Plan shall be subject to the satisfaction of all applicable federal, state and local income and employment
tax withholding requirements.


II.               
INCENTIVE OPTIONS


The
terms specified below shall be applicable to all Incentive Options. Except as modified by the provisions of this Section II, all
the provisions of the Plan shall be applicable to Incentive Options. Stock options which are specifically designated as Non-Statutory
Options shall not be subject to the terms of this Section II.


A.   
Eligibility. Incentive Options may only be granted to Employees.


B.    
Exercise Price. The exercise price per share shall not be less than one hundred percent (100%) of the Fair Market
Value per share of Common Stock on the stock option grant date.


C.    
Dollar Limitation. The aggregate Fair Market Value of the shares of Common Stock (determined as of the respective
date or dates of grant) for which one or more stock options granted to any Employee under the Plan (or any other stock option
plan of the Corporation or any Parent or Subsidiary) may for the first time become exercisable as Incentive Options during any
one (1) calendar year shall not exceed the sum of One Hundred Thousand Dollars ($100,000). To the extent the Employee holds two
(2) or more such stock options which become exercisable for the first time in the same calendar year, the foregoing limitation
on the exercisability of such stock options as Incentive Options shall be applied on the basis of the order in which such stock
options are granted. If and to the extent that any shares of Common Stock are issued under a portion of any Incentive Option that
exceeds the $100,000 limitation of Section 422 of the Code, such shares shall not be treated as issued under an Incentive Option
notwithstanding any designation otherwise. Certain decisions, amendments, interpretations and actions by the Plan Administrator
and certain actions by an Employee may cause an Incentive Option to cease to qualify as an Incentive Option pursuant to the Code
and by accepting an Incentive Option the Employee agrees in advance to such disqualifying action taken by either the Employee,
the Plan Administrator or the Corporation.



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D.   
10% Shareholder. If any Employee to whom an Incentive Option is granted is a 10% Shareholder, then the stock option
term shall not exceed five (5) years measured from the stock option grant date.


III.            
CORPORATE TRANSACTION


A.   
The shares subject to each stock option outstanding under the Plan at the time of a Corporate Transaction shall automatically
vest in full so that each such stock option shall, immediately prior to the effective date of the Corporate Transaction, become
fully exercisable for all of the shares of Common Stock at the time subject to that stock option and may be exercised for any
or all of those shares as fully vested shares of Common Stock. However, the shares subject to an outstanding stock option shall
not vest on such an accelerated basis if and to the extent: (i) such stock option is assumed by the successor corporation
(or parent thereof) in the Corporate Transaction and the Corporation’s repurchase rights with respect to the unvested stock
option shares are concurrently assigned to such successor corporation (or parent thereof) or (ii) such stock option is to be replaced
with a cash incentive program of the successor corporation which preserves the spread existing on the unvested stock option shares
at the time of the Corporate Transaction and provides for subsequent payout in accordance with the same vesting schedule applicable
to those unvested stock option shares or (iii) the acceleration of such stock option is subject to other limitations imposed by
the Plan Administrator at the time of the stock option grant.


B.    
All outstanding repurchase rights shall also terminate automatically, and the shares of Common Stock subject to those terminated
rights shall immediately vest in full, in the event of any Corporate Transaction, except to the extent: (i) those repurchase rights
are assigned to the successor corporation (or parent thereof) in connection with such Corporate Transaction or (ii) such accelerated
vesting is precluded by other limitations imposed by the Plan Administrator at the time the repurchase right is issued.


C.    
Immediately following the consummation of the Corporate Transaction, all outstanding stock options shall terminate and cease to
be outstanding, except to the extent assumed by the successor corporation (or parent thereof).


D.   
Each stock option which is assumed in connection with a Corporate Transaction shall be appropriately adjusted, immediately after
such Corporate Transaction, to apply to the number and class of securities which would have been issuable to the Optionee in consummation
of such Corporate Transaction, had the stock option been exercised immediately prior to such Corporate Transaction. Appropriate
adjustments shall also be made to (i) the number and class of securities available for issuance under the Plan following the consummation
of such Corporate Transaction and (ii) the exercise price payable per share under each outstanding stock option, provided
the aggregate exercise price payable for such securities shall remain the same.



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E.    
The Plan Administrator shall have the discretion, either at the time the stock option is granted or at any time while the stock
option remains outstanding, to provide for the automatic acceleration (in whole or in part) of one or more outstanding stock options
(and the automatic termination of one or more outstanding repurchase rights, with the immediate vesting of the shares of Common
Stock subject to those terminated rights) upon the occurrence of a Corporate Transaction, whether or not those stock options are
to be assumed or replaced (or those repurchase rights are to be assigned) in the Corporate Transaction.


F.     
The Plan Administrator shall also have full power and authority, either at the time the stock option is granted or at any time
while the stock option remains outstanding, to structure such stock option so that the shares subject to that stock option will
automatically vest on an accelerated basis should the Optionee’s Service terminate by reason of an Involuntary Termination
within a designated period (not to exceed eighteen (18) months) following the effective date of any Corporate Transaction in which
the stock option is assumed and the repurchase rights applicable to those shares do not otherwise terminate. Any such stock option
shall remain exercisable for the fully vested stock option shares until the earlier of (i) the expiration of the stock
option term or (ii) the expiration of the one (1)-year period measured from the effective date of the Involuntary Termination.
In addition, the Plan Administrator may provide that one or more of the outstanding repurchase rights with respect to shares held
by the Optionee at the time of such Involuntary Termination shall immediately terminate on an accelerated basis, and the shares
subject to those terminated rights shall accordingly vest.


G.   
The portion of any Incentive Option accelerated in connection with a Corporate Transaction shall remain exercisable as an Incentive
Option only to the extent the applicable One Hundred Thousand Dollar limitation is not exceeded. To the extent such dollar limitation
is exceeded, the accelerated portion of such stock option shall be exercisable as a Non-Statutory Option under the Federal tax
laws.


H.   
The grant of stock options under the Plan shall in no way affect the right of the Corporation to adjust, reclassify, reorganize
or otherwise change its capital or business structure or to merge, consolidate, dissolve, liquidate or sell or transfer all or
any part of its business or assets.


IV.            
CANCELLATION AND REGRANT OF STOCK OPTIONS


The
Plan Administrator shall have the authority to effect, at any time and from time to time, with the consent of the affected stock
option holders, the cancellation of any or all outstanding stock options under the Plan and to grant in substitution therefor
new stock options covering the same or different number of shares of Common Stock but with an exercise price per share based on
the Fair Market Value per share of Common Stock on the new stock option grant date.



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Article
Three

STOCK ISSUANCE PROGRAM


I.                  
STOCK ISSUANCE TERMS


Shares
of Common Stock may be issued under the Stock Issuance Program through direct and immediate issuances without any intervening
stock option grants. Each such stock issuance shall be evidenced by a Stock Issuance Agreement which complies with the terms specified
below.


A.   
Purchase Price.


1.     
The purchase price per share shall be fixed by the Plan Administrator but shall not be less than eighty-five percent (85%) of
the Fair Market Value per share of Common Stock on the issue date. However, the purchase price per share of Common Stock issued
to a 10% Shareholder shall not be less than one hundred and ten percent (110%) of such Fair Market Value.


2.     
Shares of Common Stock may be issued under the Stock Issuance Program for any of the following items of consideration which the
Plan Administrator may deem appropriate in each individual instance:


(i)           
cash or check made payable to the Corporation;


(ii)           
past services rendered to the Corporation (or any Parent or Subsidiary); or


(iii)           
a promissory note as described in Section I of Article Four.


 


B.    
Vesting Provisions.


1.     
Shares of Common Stock issued under the Stock Issuance Program may, in the discretion of the Plan Administrator, be fully and
immediately vested upon issuance or may vest in one or more installments over the Participant’s period of Service or upon
attainment of specified performance objectives.


2.     
Any new, substituted or additional securities or other property (including money paid other than as a regular cash dividend) which
the Participant may have the right to receive with respect to the Participant’s unvested shares of Common Stock by reason
of any stock dividend, stock split, recapitalization, combination of shares, exchange of shares or other change affecting the
outstanding Common Stock as a class without the Corporation’s receipt of consideration shall be issued subject to (i) the
same vesting requirements applicable to the Participant’s unvested shares of Common Stock and (ii) such escrow arrangements
as the Plan Administrator shall deem appropriate.



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3.     
The Participant shall have full shareholder rights with respect to any shares of Common Stock issued to the Participant under
the Stock Issuance Program, whether or not the Participant’s interest in those shares is vested. Accordingly, the Participant
shall have the right to vote such shares and to receive any regular cash dividends paid on such shares.


4.     
Should the Participant cease to remain in Service while holding one or more unvested shares of Common Stock issued under the Stock
Issuance Program or should the performance objectives not be attained with respect to one or more such unvested shares of Common
Stock, then those shares shall be immediately surrendered to the Corporation for cancellation, and the Participant shall have
no further shareholder rights with respect to those shares. To the extent the surrendered shares were previously issued to the
Participant for consideration paid in cash or cash equivalent (including the Participant’s purchase-money indebtedness),
the Corporation shall repay to the Participant the cash consideration paid for the surrendered shares and shall cancel the unpaid
principal balance of any outstanding purchase-money note of the Participant attributable to such surrendered shares.


5.     
The Plan Administrator may in its discretion waive the surrender and cancellation of one or more unvested shares of Common Stock
(or other assets attributable thereto) which would otherwise occur upon the non-completion of the vesting schedule applicable
to such shares. Such waiver shall result in the immediate vesting of the Participant’s interest in the shares of Common
Stock as to which the waiver applies. Such waiver may be effected at any time, whether before or after the Participant’s
cessation of Service or the attainment or non-attainment of the applicable performance objectives.


II.               
CORPORATE TRANSACTION


A.   
Upon the occurrence of a Corporate Transaction, all outstanding repurchase rights under the Stock Issuance Program shall terminate
automatically, and the shares of Common Stock subject to those terminated rights shall immediately vest in full, except to the
extent: (i) those repurchase rights are assigned to the successor corporation (or parent thereof) in connection with such Corporate
Transaction or (ii) such accelerated vesting is precluded by other limitations imposed by the Plan Administrator at the time the
repurchase right is issued.


B.    
The Plan Administrator shall have the discretionary authority, exercisable either at the time the unvested shares are issued or
any time while the Corporation’s repurchase rights with respect to those shares remain outstanding, to provide that those
rights shall automatically terminate on an accelerated basis, and the shares of Common Stock subject to those terminated rights
shall immediately vest, in the event the Participant’s Service should subsequently terminate by reason of an Involuntary
Termination within a designated period (not to exceed eighteen (18) months) following the effective date of any Corporate Transaction
in which those repurchase rights are assigned to the successor corporation (or parent thereof).



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III.            
SHARE ESCROW/LEGENDS


Unvested
shares may, in the Plan Administrator’s discretion, be held in escrow by the Corporation until the Participant’s interest
in such shares vests or may be issued directly to the Participant with restrictive legends on the certificates evidencing those
unvested shares.


Article
Four

MISCELLANEOUS


I.                  
FINANCING


The
Plan Administrator may permit any Optionee or Participant to pay the stock option exercise price or the purchase price for shares
issued to such person under the Plan by delivering a full-recourse, interest-bearing promissory note payable in one or more installments
and secured by the purchased shares. However, any promissory note delivered by a consultant must be secured by property in addition
to the purchased shares of Common Stock. In no event shall the maximum credit available to the Optionee or Participant exceed
the sum of (i) the aggregate stock option exercise price or purchase price payable for the purchased shares plus (ii) any
federal, state and local income and employment tax liability incurred by the Optionee or the Participant in connection with the
stock option exercise or share purchase.


II.               
EFFECTIVE DATE AND TERM OF PLAN


A.   
The Plan shall become effective when adopted by the Board.


 B.    
The Plan shall terminate upon the earliest of (i) the expiration of the five (5) year period measured from the date the
Plan is adopted by the Board, (ii) the date on which all shares available for issuance under the Plan shall have been issued or
(iii) the termination of all outstanding stock options in connection with a Corporate Transaction. All stock options and unvested
stock issuances outstanding at that time under the Plan shall continue to have full force and effect in accordance with the provisions
of the documents evidencing such stock options or issuances. 


III.            
AMENDMENT OF THE PLAN


A.   
The Board shall have complete and exclusive power and authority to amend or modify the Plan in any or all respects. However, no
such amendment or modification shall adversely affect the rights and obligations with respect to stock options or unvested stock
issuances at the time outstanding under the Plan unless the Optionee or the Participant consents to such amendment or modification.
In addition, certain amendments may require shareholder approval pursuant to applicable laws and regulations.



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B.    
To the extent permitted by applicable law, stock options may be granted under the Option Grant Program and shares may be issued
under the Stock Issuance Program which are in each instance in excess of the number of shares of Common Stock then available for
issuance under the Plan, provided any excess shares actually issued under those programs shall be held in escrow until there is
obtained shareholder approval of an amendment sufficiently increasing the number of shares of Common Stock available for issuance
under the Plan. If such shareholder approval is not obtained within twelve (12) months after the date the first such excess issuances
are made, then (i) any unexercised stock options granted on the basis of such excess shares shall terminate and cease to be outstanding
and (ii) the Corporation shall promptly refund to the Optionees and the Participants the exercise or purchase price paid for any
excess shares issued under the Plan and held in escrow, together with interest (at the applicable Short Term Federal Rate) for
the period the shares were held in escrow, and such shares shall thereupon be automatically cancelled and cease to be outstanding.


IV.            
USE OF PROCEEDS


Any
cash proceeds received by the Corporation from the sale of shares of Common Stock under the Plan shall be used for general corporate
purposes.


V.               
WITHHOLDING


The
Corporation’s obligation to deliver shares of Common Stock upon the exercise of any stock options or upon the issuance or
vesting of any shares issued under the Plan shall be subject to the satisfaction of all applicable federal, state and local income
and employment tax withholding requirements.


VI.            
LIMITATIONS ON RIGHTS


A.   
Retention Rights. Neither the Plan nor any award granted under the Plan shall be deemed to give any individual a
right to remain in Service as an Employee, consultant, or non-employee director of the Corporation, a Parent or a Subsidiary or
to receive any future awards under the Plan. The Corporation and its Parents and Subsidiaries reserve the right to terminate the
Service of any person at any time, and for any reason, subject to applicable laws, the Corporation's articles of incorporation
and bylaws and a written employment agreement (if any).


B.    
Regulatory Approvals. The implementation of the Plan, the granting of any stock options under the Plan and the issuance
of any shares of Common Stock (i) upon the exercise of any stock option or (ii) under the Stock Issuance Program shall be subject
to the Corporation’s procurement of all approvals and permits required by regulatory authorities having jurisdiction over
the Plan, the stock options granted under it and the shares of Common Stock issued pursuant to it.


C.    
Clawback Policy. The Corporation may (i) cause the cancellation of any award, (ii) require reimbursement of any
award by a Participant or Optionee and (iii) effect any other right of recoupment of equity or other compensation provided under
this Plan or otherwise in accordance with Corporation policies and/or applicable law (each, a “Clawback Policy”).
In addition, a Participant or Optionee may be required to repay to the Corporation certain previously paid compensation, whether
provided under this Plan or an award agreement or otherwise, in accordance with the Clawback Policy.


VII.         
NO EMPLOYMENT OR SERVICE RIGHTS


Nothing
in the Plan shall confer upon the Optionee or the Participant 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 Corporation (or any Parent or Subsidiary employing or retaining
such person) or of the Optionee or the Participant, which rights are hereby expressly reserved by each, to terminate such person’s
Service at any time for any reason, with or without cause.




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APPENDIX


The
following definitions shall be in effect under the Plan:


A.               
Board shall mean the Corporation’s Board of Directors.


B.                
California Participants shall mean a Participant or Optionee whose award under the Plan was issued in reliance on
Section 25102(o) of the California Corporation Code.


C.                
Code shall mean the Internal Revenue Code of 1986, as amended.


D.               
Committee shall mean a committee of two (2) or more Board members appointed by the Board to exercise one or more
administrative functions under the Plan.


E.                
Common Stock shall mean the Corporation’s common stock.


F.                 
Corporate Transaction shall mean either of the following shareholder-approved transactions to which the Corporation
is a party:


(i)           
a merger or consolidation in which securities possessing more than fifty percent (50%) of the total combined voting power of the
Corporation’s outstanding securities are transferred to a person or persons different from the persons holding those securities
immediately prior to such transaction, or


(ii)           
the sale, transfer or other disposition of all or substantially all of the Corporation’s assets in complete liquidation
or dissolution of the Corporation.


G.               
Corporation shall mean Rich Pharmaceuticals, Inc., a Nevada corporation.


H.               
Disability shall mean the inability of the Optionee or the Participant to engage in any substantial gainful activity
by reason of any medically determinable physical or mental impairment which can be expected to result in death or which has lasted
or can expected to last for a continuous period of not less than twelve (12) months and shall be determined by the Plan Administrator
on the basis of such medical evidence as the Plan Administrator deems warranted under the circumstances.


I.                   
Employee shall mean an individual who is in the employ of the Corporation (or any Parent or Subsidiary), subject
to the control and direction of the employer entity as to both the work to be performed and the manner and method of performance.


J.                  
Exercise Date shall mean the date on which the Corporation shall have received written notice of the stock option
exercise.



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K.                  Fair
Market Value per share of Common Stock on any relevant date shall be determined in accordance with the following provisions:


(i)           
If the Common Stock is at the time traded on the Nasdaq National Market, then the Fair Market Value shall be the closing selling
price per share of Common Stock on the date in question, as such price is reported by the National Association of Securities Dealers
on the Nasdaq National Market or any successor system. If there is no closing selling price for the Common Stock on the date in
question, then the Fair Market Value shall be the closing selling price on the last preceding date for which such quotation exists.


(ii)           
If the Common Stock is at the time listed on any Stock Exchange, then the Fair Market Value shall be the closing selling price
per share of Common Stock on the date in question on the Stock Exchange determined by the Plan Administrator to be the primary
market for the Common Stock, as such price is officially quoted in the composite tape of transactions on such exchange. If there
is no closing selling price for the Common Stock on the date in question, then the Fair Market Value shall be the closing selling
price on the last preceding date for which such quotation exists.


(iii)       If
the Common Stock is at the time neither listed on any Stock Exchange nor traded on the Nasdaq National Market, then the Fair Market
Value shall be determined by the Plan Administrator after taking into account such factors as the Plan Administrator shall deem
appropriate including the pricing of any recent equity or convertible debt capital raising the Company has completed or is proposed
to complete.


 


K.               
Incentive Option shall mean a stock option which satisfies the requirements of Code Section 422.


L.                
Involuntary Termination shall mean the termination of the Service of any individual which occurs by reason of:


(i)           
such individual’s involuntary dismissal or discharge by the Corporation for reasons other than Misconduct, or


(ii)           
such individual’s voluntary resignation following (A) a change in his or her position with the Corporation which materially
reduces his or her level of responsibility, (B) a reduction in his or her level of compensation (including base salary, fringe
benefits and target bonuses under any corporate-performance based bonus or incentive programs) by more than fifteen percent (15%)
or (C) a relocation of such individual’s place of employment by more than fifty (50) miles, provided and only if such change,
reduction or relocation is effected without the individual’s consent.


M.              
Misconduct shall mean the commission of any act of fraud, embezzlement or dishonesty by the Optionee or Participant,
any unauthorized use or disclosure by such person of confidential information or trade secrets of the Corporation (or any Parent
or Subsidiary), or any other intentional misconduct by such person adversely affecting the business or affairs of the Corporation
(or any Parent or Subsidiary) in a material manner. The foregoing definition shall not be deemed to be inclusive of all the acts
or omissions which the Corporation (or any Parent or Subsidiary) may consider as grounds for the dismissal or discharge of any
Optionee, Participant or other person in the Service of the Corporation (or any Parent or Subsidiary).



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N.               
1934 Act shall mean the Securities Exchange Act of 1934, as amended.


O.               
Non-Statutory Option shall mean a stock option that is not an Incentive Option.


P.                 
Option Grant Program shall mean the stock option grant program in effect under the Plan.


Q.               
Optionee shall mean any person to whom a stock option is granted under the Plan.


R.                
Parent shall mean any corporation (other than the Corporation) in an unbroken chain of corporations ending with
the Corporation, provided each corporation in the unbroken chain (other than the Corporation) owns, at the time of the determination,
stock possessing fifty percent (50%) or more of the total combined voting power of all classes of stock in one of the other corporations
in such chain.


S.                 
Participant shall mean any person who is issued shares of Common Stock under the Stock Issuance Program.


T.                
Plan shall mean this Rich Pharmaceuticals, Inc. 2017 Stock Option/Stock Issuance Plan as it may be amended from
time to time.


U.               
Plan Administrator shall mean either the Board or the Committee acting in its capacity as administrator of the Plan.


V.               
Service shall mean the provision of services to the Corporation (or any Parent or Subsidiary) by a person in the
capacity of an Employee, a non-employee member of the board of directors or a consultant, except to the extent otherwise specifically
provided in the documents evidencing the stock option grant.


W.              
Stock Exchange shall mean either the American Stock Exchange or the New York Stock Exchange.


X.               
Stock Issuance Agreement shall mean the written agreement entered into by the Corporation and the Participant at
the time of issuance of shares of Common Stock under the Stock Issuance Program.


Y.               
Stock Issuance Program shall mean the stock issuance program in effect under the Plan.


Z.                
Stock Option Award Agreement shall mean the written agreement described in Article Two, Section I evidencing each
award of a stock option under the Plan.


AA.          
Subsidiary shall mean any corporation (other than the Corporation) in an unbroken chain of corporations beginning
with the Corporation, provided each corporation (other than the last corporation) in the unbroken chain owns, at the time of the
determination, stock possessing fifty percent (50%) or more of the total combined voting power of all classes of stock in one
of the other corporations in such chain.


BB.           
10% Shareholder shall mean the owner of stock (as determined under Code Section 424(d)) possessing more than ten
percent (10%) of the total combined voting power of all classes of outstanding stock of the Corporation (or any Parent or Subsidiary).



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