EXHIBIT 4.9

 

	
DATED
    	
2011
    


 

 

[OPTION HOLDER]

 

and

 

SUPERGEN, INC.

 

 




 

REPLACEMENT OPTION CERTIFICATE

relating to the

Astex Technology Share Option Plan for Consultants

 




 











 

THIS REPLACEMENT OPTION CERTIFICATE is made on

2011

 

BETWEEN

 

(1)           [OPTION HOLDER] of [                            ] (the “Optionholder”); and

 

(2)           SUPERGEN, INC. whose registered office is at 4140 Dublin Boulevard, Suite 200, Dublin, CA 94568 USA (the “Acquiring Company”);

 

INTRODUCTION

 

(A)          The Optionholder is the holder of an option granted by Astex Therapeutics Limited (the “Company”) under the rules of the Astex Technology Share Option Plan for Consultants (the “Plan”), the details of which are set out in Schedule 1 (the “Old Option”).

 

(B)           The Acquiring Company has acquired all of the shares in the Company by means of a scheme of arrangement (the “Scheme”).  Pursuant to rule 5.5 of the Plan rules, the Acquiring Company would like to grant a new replacement option (the “ New Option”) to the Optionholder.

 

(C)           The Optionholder released the rights under the Old Option in consideration for the grant of the New Option in a Form of Election in response to a rollover proposal made in a letter to Optionholders dated [          ] conditional upon the Scheme being effective.

 

AGREED TERMS

 

1.             Grant of New Option

 

1.1           The Acquiring Company grants the New Option under the terms of the Plan so that the Optionholder has an option to acquire the number of ordinary shares in the Acquiring Company at the Exercise Price as is set out in Schedule 2.

 

1.2           Subject to clause 1.1, the Acquiring Company and the Optionholder agree that the terms and conditions of the New Option are the same as the terms and conditions for the Old Option and that the Option Certificate for the Old Option shall be referred to for such details.

 

1.3           The New Option is granted and exercisable subject to the terms and conditions set out in the rules of the Plan, save that all references to the Company in the rules of the Plan shall be read and construed as references to the Acquiring Company.

 

1.4           The New Option may not be exercised later than the day before the tenth anniversary of the Date of Grant of the Old Option.

 

2.             GENERAL PROVISIONS

 

2.1           This deed may be executed in any number of counterparts all of which taken together shall constitute one and the same instrument.  Any party to this deed may enter into this deed by executing any such counterpart.

 

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2.2           This deed shall be governed by and construed in accordance with English law and the parties irrevocably submit to the non-exclusive jurisdiction of the English Courts to settle any claims, disputes or issues which may arise out of this deed.

 

This Replacement Option Certificate has been executed and delivered as a deed on the date written above.

 

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SCHEDULE 1

 

Details of Old Option

 

	
Date of   Grant
    	
 
    	
[         ]
    
	
Number of   shares in Astex
   Therapeutics Limited
    	
 
    	
[         ]
    
	
Exercise   Price
    	
 
    	
[         ]
    
	
Vesting
    	
 
    	
As set   out in the Option
   Certificate for the Old
   Option
    


 

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SCHEDULE 2

 

Details of New Option

 

	
Date of   Grant
    	
 
    	
[         ]
    
	
Number of   shares in
   Supergen, Inc.
    	
 
    	
[         ]
    
	
Exercise   Price
    	
 
    	
[         ]
    
	
Vesting
    	
 
    	
As set   out in the Option
   Certificate for the Old
   Option
    


 

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SIGNED as a DEED
    	
 
    	
)
    
	
by SUPERGEN, INC.
    	
 
    	
)
    
	
acting by the under-mentioned
    	
 
    	
)
    
	
person(s) acting on the authority
    	
 
    	
)
    
	
of the Company in accordance
    	
 
    	
)
    
	
with the laws of the territory of
    	
 
    	
)
    
	
its incorporation:
    	
 
    	
)
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
Authorised signatory
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
SIGNED as a DEED
    	
 
    	
)
    
	
by [OPTION   HOLDER]
    	
 
    	
)
    
	
 
    	
 
    	
 
    
	
in the presence of:
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
Witness signature:
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
Name:
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
Address:
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
Occupation:
    	
 
    	
 
    


 

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