Unassociated Document


     

      
        	
                Notice
                  of Grant of Stock Options 

              	 	 	 	
                Columbia
                  Laboratories, Inc. 

              	 
	
                and
                  Option Agreement 

              	 	 	 	
                ID:
                  59-2758596 

              	 
	 	 	 	 	 	
                354
                  Eisenhower Parkway 

              	 
	 	 	 	 	 	
                Plaza
                  1 Second Floor 

              	 
	 	 	 	 	 	
                Livingston,
                  NJ 07039 

              	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	
                Name

              	 	 	 	 	
                Option
                  Number:

              	 
	
                Street
                  Address

              	 	 	 	 	
                Plan:

              	 
	
                City,
                  State Zip Code

              	 	 	 	 	
                ID:

              	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	
                Effective
                  ____________, you have been granted a(n) Non-Qualified (Incentive)
                  Stock
                  Option to buy _________ shares
                  of Columbia Laboratories, Inc. (the "Company") stock at $_______
                  per
                  share.

              
	
                 

              	 	 	 	 	 	 
	
                The
                  total option price of the shares granted is
                  $______________.

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

              
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	
                Vest

              	 
	 	 	 	
                Shares

              	
                Vest
                  Type

              	
                (except
                  as provided above)

              	
                Expiration

              
	 	 	 	 	 	 	 
	 	 	 	 	
                On
                  Vest Date

              	 	 
	 	 	 	 	
                On
                  Vest Date

              	 	 
	 	 	 	 	
                On
                  Vest Date

              	 	 
	 	 	 	 	
                On
                  Vest Date

              	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	
                By
                  your signature and the Company's signature below, you and the Company
                  agree that these options are
                  granted under and governed by the terms and conditions of the Company's
                  Stock Option Plan as amended
                  and the Option Agreement, all of which are attached and made a
                  part of
                  this document.

              
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	
                Columbia
                  Laboratories, Inc.

              	 	 	 	 	
                Date

              	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	
                Name

              	 	 	 	 	
                Date