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Exhibit 10.33    
    


 
 

AMENDED AND RESTATED    
    
    BIOSITE INCORPORATED    
    
    2002 NONQUALIFIED    
    
    STOCK INCENTIVE PLAN    
    


        ARTICLE
1    INTRODUCTION.    



        The
Plan was adopted by the Board on November 7, 2002, to be effective on that date, and was amended by the Board on October 23, 2003. 


        The
purpose of the Plan is to promote the long-term success of the Company and the creation of stockholder value by (a) encouraging Participants to focus on critical
long-range objectives, (b) encouraging the attraction and retention of Participants with exceptional qualifications and (c) linking Participants directly to stockholder
interests through increased stock ownership. The Plan seeks to achieve this purpose by providing for Awards in the form of Restricted Shares, Stock Units, Options (which shall only include
nonstatutory stock options) or stock appreciation rights. The Plan also seeks to retain the services of persons not previously an employee or director of the Company, or following a  bona fide period of
non-employment, as an inducement material to the individual's entering into employment with the Company within the
meaning of Rule 4350(i)(1)(A) of the NASD Marketplace Rules, and to provide incentives for such persons to exert maximum efforts for the success of the Company and its affiliated corporations. 


        The
Plan shall be governed by, and construed in accordance with, the laws of the State of California. 


        ARTICLE
2    ADMINISTRATION.    



        2.1    Committee Composition.    The Plan shall be administered by the Committee. Except as provided below, the
Committee shall consist exclusively of directors of the Company, who shall be appointed by the Board. In addition, the composition of the Committee shall satisfy: 



        (a)   Such
requirements, if any, as the Securities and Exchange Commission may establish for administrators acting under plans intended to qualify for exemption under
Rule 16b-3 (or its successor) under the Exchange Act; and 


        (b)   Such
requirements as the Internal Revenue Service may establish for outside directors acting under plans intended to qualify for exemption under
section 162(m)(4)(C) of the Code. 




The
Board may act on its own behalf with respect to Outside Directors and may also appoint one or more separate committees composed of one or more officers of the Company who need not be directors of
the Company and who need not satisfy the foregoing requirements, who may administer the Plan with respect to Participants who are not "covered employees" under section 162(m)(3) of the Code and
who are not required to report pursuant to § 16(a) of the Exchange Act. 


        2.2    Committee Responsibilities.    The Committee shall (a) select the Participants who are to receive Awards
under the Plan, (b) determine the type, number, vesting requirements and other features and conditions of such Awards, (c) interpret the Plan and (d) make all other decisions
relating to the operation of the Plan. The Committee may adopt such rules or guidelines as it deems appropriate to implement the Plan. The Committee's determinations under the Plan shall be final and
binding on all persons. 











        ARTICLE
3    SHARES AVAILABLE FOR GRANTS.    



        3.1    Basic Limitation.    Common Shares issued pursuant to the Plan may be authorized but unissued shares or
treasury shares. The aggregate number of Common Shares available for Restricted Shares, Stock Units, Options and SARs awarded under the Plan shall not exceed one million fifty thousand
(1,050,000). This share reserve includes five hundred fifty thousand (550,000) Common Shares originally reserved under the Plan, plus five hundred thousand (500,000) Common Shares that are subject to
the limitations contained in Section 4.3 hereof. The limitation of this Section 3.1 shall be subject to adjustment pursuant to Article 10. 



        3.2    Additional Shares.    If Stock Units, Options or SARs are forfeited or if Options or SARs terminate for any
other reason before being exercised, then the corresponding Common Shares shall again become available for Awards under the Plan. If Restricted Shares are forfeited before any dividends have been paid
with respect to such Shares, then such Shares shall again become available for Awards under the Plan. If Stock Units are settled, then only the number of Common Shares (if any) actually issued in
settlement of such Stock Units shall reduce the number available under Section 3.1 and the balance shall again become available for Awards under the Plan. If SARs are exercised, then only the
number of Common Shares (if any) actually issued in settlement of such SARs shall reduce the number available under Section 3.1 and the balance shall again become available for Awards under the
Plan. 


        3.3    Dividend Equivalents.    Any dividend equivalents distributed under the Plan shall not be applied against the
number of Restricted Shares, Stock Units, Options or SARs available for Awards, whether or not such dividend equivalents are converted into Stock Units. 




        ARTICLE
4    ELIGIBILITY AND PARTICIPATION.    



        4.1    Eligibility.    Only Eligible Employees and consultants (who are natural persons) of the Company, Parent or
Subsidiary shall be eligible for designation as Participants by the Committee, provided, however, that Officers and members of the Board shall not be eligible for designation as Participants by the
Committee or the Board and shall not be eligible to receive any Awards under this Plan. 


        4.2    Participation.    Only persons eligible to participate in this Plan as provided in Section 4.1 above and
who are designated as Participants by the Committee and are granted specific Awards by the Committee under this Plan shall participate in this Plan. 


        4.3    Inducement Shares.    This Section 4.3 shall apply with respect to the five hundred thousand (500,000)
Common Shares reserved under this Plan by action of the Board on October 23, 2003 (the "Inducement Shares"). The persons who are eligible for Awards of Inducement Shares shall consist of
Eligible Employees whose potential contribution, in the judgment of the Committee, will benefit the future success of the Company and/or an affiliated corporation. An Award covering Inducement Shares
may be granted only to an Eligible Employee not previously an employee or Director of the Company, or following a bona fide period of
non-employment, as an inducement material to the individual's entering into employment with the Company within the meaning of Rule 4350(i)(1)(A) of the NASD Marketplace Rules. In
addition, notwithstanding any other provision of the Plan to the contrary, all such Awards covering Inducement Shares must be granted either by a majority of the Company's independent directors or a
committee comprised of a majority of independent directors. 




        ARTICLE
5    OPTIONS.    



        5.1    Stock Option Agreement.    Each grant of an Option under the Plan shall be evidenced by a Stock Option
Agreement between the Optionee and the Company. Such Option shall be subject to all applicable terms of the Plan and may be subject to any other terms that are not inconsistent with the Plan. The
provisions of the various Stock Option Agreements entered into under the Plan need not be identical. Options may be granted in consideration of a cash payment or in consideration of a reduction in the
Optionee's other compensation. A Stock Option Agreement 







may
provide that a new Option will be granted automatically to the Optionee when he or she exercises a prior Option and pays the Exercise Price in the form described in Section 6.2. 



        5.2    Number of Shares.    Each Stock Option Agreement shall specify the number of Common Shares subject to the
Option and shall provide for the adjustment of such number in accordance with Article 10. 


        5.3    Exercise Price.    Each Stock Option Agreement shall specify the Exercise Price provided that the Exercise
Price under an NSO shall in no event be less than the par value of the Common Shares subject to such NSO. In the case of an NSO, a Stock Option Agreement may specify an Exercise Price that varies in
accordance with a predetermined formula while the NSO is outstanding. 



        5.4    Exercisability and Term.    Each Stock Option Agreement shall specify the date when all or any installment of
the Option is to become exercisable. The Stock Option Agreement shall also specify the term of the Option. A Stock Option Agreement may provide for accelerated exercisability in the event of the
Optionee's death, disability or retirement or other events and may provide for expiration prior to the end of its term in the event of the termination of the Optionee's service. 


        Options
may be awarded in combination with SARs, and such an Award may provide that the Options will not be exercisable unless the related SARs are forfeited. NSOs may also be awarded in
combination with Restricted Shares or Stock Units, and such an Award may provide that the NSOs will not be exercisable unless the related Restricted Shares or Stock Units are forfeited. 


        5.5    Effect of Change in Control.    The Committee may determine, at the time of granting an Option or thereafter,
that such Option shall become fully exercisable as to all Common Shares subject to such Option in the event that a Change in Control occurs with respect to the Company. 


        5.6    Modification or Assumption of Options.    Within the limitations of the Plan, the Committee may modify, extend
or assume outstanding options. The foregoing notwithstanding, no modification of an Option shall, without the consent of the Optionee, alter or impair his or her rights or obligations under such
Option. 




        ARTICLE
6    PAYMENT FOR OPTION SHARES.    



        6.1    General Rule.    The entire Exercise Price of Common Shares issued upon exercise of Options shall be payable in
cash at the time when such Common Shares are purchased, except as follows. The Exercise Price may be paid in such form permitted in the Stock Option Agreement for such Options and the Committee may,
in its discretion at any time accept payment in any form(s) described in this Article 6. 


        6.2    Surrender of Stock.    To the extent that this Section 6.2 is applicable, payment for all or any part of
the Exercise Price may be made with Common Shares which have already been owned by the Optionee for more than six months. Such Common Shares shall be valued at their Fair Market Value on the date when
the new Common Shares are purchased under the Plan. 


        6.3    Exercise/Sale.    To the extent that this Section 6.3 is applicable, payment may be made by the delivery
(on a form prescribed by the Company) of an irrevocable direction to a securities broker approved by the Company to sell Common Shares and to deliver all or part of the sales proceeds to the Company
in payment of all or part of the Exercise Price and any withholding taxes. 


        6.4    Exercise/Pledge.    To the extent that this Section 6.4 is applicable, payment may be made by the
delivery (on a form prescribed by the Company) of an irrevocable direction to pledge Common Shares to a securities broker or lender approved by the Company, as security for a loan, and to deliver all
or part of the loan proceeds to the Company in payment of all or part of the Exercise Price and any withholding taxes. 










        6.5    Promissory Note.    To the extent that this Section 6.5 is applicable, payment may be made with a
full-recourse promissory note with interest at a rate to be determined by the Company; provided that the par value of the Common Shares shall be paid in cash. 


        6.6    Other Forms of Payment.    To the extent that this Section 6.6 is applicable, payment may be made in any
other form that is consistent with applicable laws, regulations and rules. 




        ARTICLE
7    STOCK APPRECIATION RIGHTS.    



        7.1    SAR Agreement.    Each grant of an SAR under the Plan shall be evidenced by an SAR Agreement between the
Optionee and the Company. Such SAR shall be subject to all applicable terms of the Plan and may be subject to any other terms that are not inconsistent with the Plan. The provisions of the various SAR
Agreements entered into under the Plan need not be identical. SARs may be granted in consideration of a reduction in the Optionee's other compensation. 


        7.2    Number of Shares.    Each SAR Agreement shall specify the number of Common Shares to which the SAR pertains and
shall provide for the adjustment of such number in accordance with Article 10. SARs granted to any Optionee in a single calendar year shall in no event pertain to more than 250,000 Common
Shares, subject to adjustment in accordance with Article 10. 


        7.3    Exercise Price.    Each SAR Agreement shall specify the Exercise Price. An SAR Agreement may specify an
Exercise Price that varies in accordance with a predetermined formula while the SAR is outstanding. 


        7.4    Exercisability and Term.    Each SAR Agreement shall specify the date when all or any installment of the SAR is
to become exercisable. The SAR Agreement shall also specify the term of the SAR. An SAR Agreement may provide for accelerated exercisability in the event of the Optionee's death, disability or
retirement or other events and may provide for expiration prior to the end of its term in the event of the termination of the Optionee's service. SARs may also be awarded in combination with Options,
Restricted Shares or Stock Units, and such an Award may provide that the SARs will not be exercisable unless the related Options, Restricted Shares or Stock Units are forfeited. An SAR may be included
in an NSO at the time of grant or thereafter. An SAR granted under the Plan may provide that it will be exercisable only in the event of a Change in Control. 



        7.5    Effect of Change in Control.    The Committee may determine, at the time of granting an SAR or thereafter, that
such SAR shall become fully exercisable as to all Common Shares subject to such SAR in the event that a Change in Control occurs with respect to the Company. 


        7.6    Exercise of SARs.    The exercise of an SAR shall be subject to the restrictions imposed by
Rule 16b-3 (or its successor) under the Exchange Act, if applicable. If, on the date when an SAR expires, the Exercise Price under such SAR is less than the Fair Market Value on
such date but any portion of such SAR has not been exercised or surrendered, then such SAR shall automatically be deemed to be exercised as of such date with respect to such portion. Upon exercise of
an SAR, the Optionee (or any person having the right to exercise the SAR after his or her death) shall receive from the Company (a) Common Shares, (b) cash or (c) a combination of
Common Shares and cash, as the Committee shall determine. The amount of cash and/or the Fair Market Value of Common Shares received upon exercise of SARs shall, in the aggregate, be equal to the
amount by which the Fair
Market Value (on the date of surrender) of the Common Shares subject to the SARs exceeds the Exercise Price. 


        7.7    Modification or Assumption of SARs.    Within the limitations of the Plan, the Committee may modify, extend or
assume outstanding SARs or may accept the cancellation of outstanding SARs (whether granted by the Company or by another issuer) in return for the grant of new SARs for the same or a different number
of shares and at the same or a different exercise price. The foregoing notwithstanding, no modification of an SAR shall, without the consent of the Optionee, alter or impair his or her rights or
obligations under such SAR. 











        ARTICLE
8    RESTRICTED SHARES AND STOCK UNITS.    



        8.1    Time, Amount and Form of Awards.    Awards under the Plan may be granted in the form of Restricted Shares, in
the form of Stock Units, or in any combination of both. Restricted Shares or Stock Units may also be awarded in combination with NSOs or SARs, and such an Award may provide that the Restricted Shares
or Stock Units will be forfeited in the event that the related NSOs or SARs are exercised. 


        8.2    Payment for Awards.    To the extent that an Award is granted in the form of newly issued Restricted Shares,
the Award recipient, as a condition to the grant of such Award, shall be required to pay the Company in cash an amount equal to the par value of such Restricted Shares. To the extent that an Award is
granted in the form of Restricted Shares from the Company's treasury or in the form of Stock Units, no cash consideration shall be required of the Award recipients. 


        8.3    Vesting Conditions.    Each Award of Restricted Shares or Stock Units shall become vested, in full or in
installments, upon satisfaction of the conditions specified in the Stock Award Agreement. A Stock Award Agreement may provide for accelerated vesting in the event of the Participant's death,
disability or retirement or other events. The Committee may determine, at the time of making an Award or thereafter, that such Award shall become fully vested in the event that a Change in Control
occurs with respect to the Company. 


        8.4    Form and Time of Settlement of Stock Units.    Settlement of vested Stock Units may be made in the form of
(a) cash, (b) Common Shares or (c) any combination of both, as determined by the Committee. The actual number of Stock Units eligible for settlement may be larger or smaller than
the number included in the original Award, based on predetermined performance factors. Methods of converting Stock Units into cash may include (without limitation) a method based on the average Fair
Market Value of Common Shares over a series of trading days. Vested Stock Units may be settled in a lump
sum or in installments. The distribution may occur or commence when all vesting conditions applicable to the Stock Units have been satisfied or have lapsed, or it may be deferred to any later date.
The amount of a deferred distribution may be increased by an interest factor or by dividend equivalents. Until an Award of Stock Units is settled, the number of such Stock Units shall be subject to
adjustment pursuant to Article 10. 


        8.5    Death of Recipient.    Any Stock Units Award that becomes payable after the recipient's death shall be
distributed to the recipient's beneficiary or beneficiaries. Each recipient of a Stock Units Award under the Plan shall designate one or more beneficiaries for this purpose by filing the prescribed
form with the Company. A beneficiary designation may be changed by filing the prescribed form with the Company at any time before the Award recipient's death. If no beneficiary was designated or if no
designated beneficiary survives the Award recipient, then any Stock Units Award that becomes payable after the recipient's death shall be distributed to the recipient's estate. 



        8.6    Creditors' Rights.    A holder of Stock Units shall have no rights other than those of a general creditor of
the Company. Stock Units represent an unfunded and unsecured obligation of the Company, subject to the terms and conditions of the applicable Stock Award Agreement. 




        ARTICLE
9    VOTING AND DIVIDEND RIGHTS.    



        9.1    Restricted Shares.    The holders of Restricted Shares awarded under the Plan shall have the same voting,
dividend and other rights as the Company's other stockholders. A Stock Award Agreement, however, may require that the holders of Restricted Shares invest any cash dividends received in additional
Restricted Shares. Such additional Restricted Shares shall be subject to the same conditions and restrictions as the Award with respect to which the dividends were paid. Such additional Restricted
Shares shall not reduce the number of Common Shares available under Article 3. 







        9.2    Stock Units.    The holders of Stock Units shall have no voting rights. Prior to settlement or forfeiture, any
Stock Unit awarded under the Plan may, at the Committee's discretion, carry with it a right to dividend equivalents. Such right entitles the holder to be credited with an amount equal to all cash
dividends paid on one Common Share while the Stock Unit is outstanding. Dividend equivalents may be converted into additional Stock Units. Settlement of dividend equivalents may be made in the form of
cash, in the form of Common Shares, or in a combination of both. Prior to distribution, any dividend equivalents which are not paid shall be subject to the same conditions and restrictions as the
Stock Units to which they attach. 




        ARTICLE
10    PROTECTION AGAINST DILUTION.    



        10.1    Adjustments.    In the event of a subdivision of the outstanding Common Shares, a declaration of a dividend
payable in Common Shares, a declaration of a dividend payable in a form other than Common Shares in an amount that has a material effect on the price of Common Shares, a combination or consolidation
of the outstanding Common Shares (by reclassification or otherwise) into a lesser number of Common Shares, a recapitalization, a spinoff or a similar occurrence, the Committee shall make such
adjustments as it, in its sole discretion, deems appropriate in one or more of (a) the number of Options, SARs, Restricted Shares and Stock Units available for future Awards under
Article 3, (b) the limitations set forth in Sections 5.2 and 7.2, (c) the number of NSOs to be granted to Outside Directors under Section 4.2, (d) the number of
Stock Units included in any prior Award which has not yet been settled, (e) the number of Common Shares covered by each outstanding Option and SAR or (f) the Exercise Price under each
outstanding Option and SAR. Except as provided in this Article 10, a Participant shall have no rights by reason of any issue by the Company of stock of any class or securities convertible into
stock of any class, any subdivision or consolidation of shares of stock of any class, the payment of any stock dividend or any other increase or decrease in the number of shares of stock of any class. 



        10.2    Reorganizations.    In the event that the Company is a party to a merger or other reorganization, outstanding
Options, SARs, Restricted Shares and Stock Units shall be subject to the agreement of merger or reorganization. Such agreement may provide, without limitation, for the assumption of outstanding Awards
by the surviving corporation or its parent, for their continuation by the Company (if the Company is a surviving corporation), for accelerated vesting and accelerated expiration, or for settlement in
cash. 




        ARTICLE
11    AWARDS UNDER OTHER PLANS.    



        The
Company may grant awards under other plans or programs. Such awards may be settled in the form of Common Shares issued under this Plan. Such Common Shares shall be treated for all
purposes under the Plan like Common Shares issued in settlement of Stock Units and shall, when issued, reduce the number of Common Shares available under Article 3. 


        ARTICLE
12    LIMITATION ON RIGHTS.    



        12.1    Retention Rights.    Neither the Plan nor any Award granted under the Plan shall be deemed to give any
individual a right to remain an employee, consultant or director of the Company, a Parent or a Subsidiary. The Company and its Parents and Subsidiaries reserve the right to terminate the service of
any employee, consultant or director at any time, with or without cause, subject to applicable laws, the Company's certificate of incorporation and by-laws and a written employment
agreement (if any). 


        12.2    Stockholders' Rights.    A Participant shall have no dividend rights, voting rights or other rights as a
stockholder with respect to any Common Shares covered by his or her Award prior to the issuance of a stock certificate for such Common Shares. No adjustment shall be made for cash dividends or other
rights for which the record date is prior to the date when such certificate is issued, except as expressly provided in Articles 8, 9 and 10. 


        12.3    Regulatory Requirements.    Any other provision of the Plan notwithstanding, the obligation of the Company to
issue Common Shares under the Plan shall be subject to all 










applicable
laws, rules and regulations and such approval by any regulatory body as may be required. The Company reserves the right to restrict, in whole or in part, the delivery of Common Shares
pursuant to any Award prior to the satisfaction of all legal requirements relating to the issuance of such Common Shares, to their registration, qualification or listing or to an exemption from
registration, qualification or listing. 




        ARTICLE
13    LIMITATION ON PAYMENTS.    



        13.1    Excise Tax.    If any acceleration of the vesting of a Participant's Awards under this Plan ("Acceleration")
would (i) constitute a "parachute payment" within the meaning of Section 280G of the Internal Revenue Code of 1986, as amended (the "Code"), and (ii) but for this sentence, be
subject to the excise tax imposed by Section 4999 of the Code (the "Excise Tax"), then such Acceleration shall be reduced to the Reduced Amount. The "Reduced Amount" shall be whichever of the
following which would provide the largest after-tax benefit to the Participant: (i) the largest portion of the Acceleration that would result in no portion of the Acceleration being
subject to the Excise Tax or (ii) the largest portion, up to and including the total, of the Acceleration, whichever amount, after taking into account all applicable federal, state and local
employment taxes, income taxes, and the Excise Tax (all computed at the highest applicable marginal rate), results in Participant's receipt, on an after-tax basis, of the greater amount of
the Acceleration notwithstanding that all or some portion of the Payment may be subject to the Excise Tax. In the event that the Acceleration is to be reduced, such Acceleration shall be cancelled in
the reverse order of the date of grant of the Participant's Awards unless the Participant elects in writing a different order for cancellation. 


        The
accounting firm engaged by the Company for general audit purposes as of the day prior to the effective date of the transaction triggering the Acceleration ("Triggering Transaction")
shall perform the foregoing calculations. If the accounting firm so engaged by the Company is serving as accountant or auditor for the individual, entity or group effecting the Triggering Transaction,
the Company shall appoint a nationally recognized accounting firm to make the determinations required hereunder. The Company shall bear all expenses with respect to the determinations by such
accounting firm required to be made hereunder. 


        13.2    Calculations.    The accounting firm engaged to make the determinations hereunder shall provide its
calculations, together with detailed supporting documentation, to the Corporation and Participant within fifteen (15) calendar days after the date on which Participant's right to Acceleration
arises (if requested at that time by the Company or Participant) or at such other time as requested by the Company or Participant. If the accounting firm determines that no Excise Tax is payable with
respect to an Acceleration, either before or after the application of the Reduced Amount, it shall furnish the Company and Participant with an opinion reasonably acceptable to Participant that no
Excise Tax will be imposed with respect to such Acceleration. Any good faith determination of the accounting firm made hereunder shall be final, binding and conclusive upon the Company and
Participant. 


        13.3    Related Corporations.    For purposes of this Article 13, the term "Company" shall include affiliated
corporations to the extent determined by the Auditors in accordance with section 280G(d)(5) of the Code. 




        ARTICLE
14    WITHHOLDING TAXES.    



        14.1    General.    To the extent required by applicable federal, state, local or foreign law, a Participant or his or
her successor shall make arrangements satisfactory to the Company for the satisfaction of any withholding tax obligations that arise in connection with the Plan. The Company shall not be required to
issue any Common Shares or make any cash payment under the Plan until such obligations are satisfied. 


        14.2    Share Withholding.    The Committee may permit a Participant to satisfy all or part of his or her withholding
or income tax obligations by having the Company withhold all or a portion of any Common Shares that otherwise would be issued to him or her or by surrendering all or a 










portion
of any Common Shares that he or she previously acquired. Such Common Shares shall be valued at their Fair Market Value on the date when taxes otherwise would be withheld in cash. Any payment
of taxes by assigning Common Shares to the Company may be subject to restrictions, including any restrictions required by rules of the Securities and Exchange Commission. 




        ARTICLE
15    ASSIGNMENT OR TRANSFER OF AWARDS.    



        15.1    General.    An Award granted under the Plan shall not be anticipated, assigned, attached, garnished, optioned,
transferred or made subject to any creditor's process, whether voluntarily, involuntarily or by operation of law, except as approved by the Committee. However, this Article 15 shall not
preclude a Participant from designating a beneficiary who will receive any outstanding Awards in the event of the
Participant's death, nor shall it preclude a transfer of Awards by will or by the laws of descent and distribution. 



        15.2    Trusts.    Neither this Article 15 nor any other provision of the Plan shall preclude a Participant
from transferring or assigning Restricted Shares to (a) the trustee of a trust that is revocable by such Participant alone, both at the time of the transfer or assignment and at all times
thereafter prior to such Participant's death, or (b) the trustee of any other trust to the extent approved in advance by the Committee in writing. A transfer or assignment of Restricted Shares
from such trustee to any person other than such Participant shall be permitted only to the extent approved in advance by the Committee in writing, and Restricted Shares held by such trustee shall be
subject to all of the conditions and restrictions set forth in the Plan and in the applicable Stock Award Agreement, as if such trustee were a party to such Agreement. 




        ARTICLE
16    FUTURE OF THE PLAN.    



        16.1    Term of the Plan.    The Plan, as set forth herein, was adopted on November 7, 2002, and became
effective November 7, 2002. The Plan shall remain in effect until it is terminated under Section 16.2. 



        16.2    Amendment or Termination.    The Board may, at any time and for any reason, amend or terminate the Plan. An
amendment of the Plan shall be subject to the approval of the Company's stockholders only to the extent required by applicable laws, regulations or rules or applicable stock exchange rules. No Awards
shall be granted under the Plan after the termination thereof. The termination of the Plan, or any amendment thereof, shall not affect any Award previously granted under the Plan. 




        ARTICLE
17    DEFINITIONS.    



        17.1 "Award" means any award of an Option, an SAR, a Restricted Share or a Stock Unit under the Plan. 


        17.2 "Board" means the Company's Board of Directors, as constituted from time to time. 


        17.3 "Change in Control" shall mean the occurrence of any of the following events: 



        (a)   The
consummation of a merger or consolidation of the Company with or into another entity or any other corporate reorganization, if more than 50% of the combined voting
power of the continuing or surviving entity's securities outstanding immediately after such merger, consolidation or other
reorganization is owned by persons who were not stockholders of the Company immediately prior to such merger, consolidation or other reorganization; 


        (b)   A
change in the composition of the Board, as a result of which fewer than one-half of the incumbent directors are directors who either: 



        (A)  Had
been directors of the Company 24 months prior to such change; or 


        (B)  Were
elected, or nominated for election, to the Board with the affirmative votes of at least a majority of the directors who had been directors of the Company
24 months 














prior
to such change and who were still in office at the time of the election or nomination; or 




        (c)   Any
"person" (as such term is used in sections 13(d) and 14(d) of the Exchange Act) by the acquisition or aggregation of securities is or becomes the beneficial owner,
directly or indirectly, of securities of the Company representing 50% or more of the combined voting power of the Company's then outstanding securities ordinarily (and apart from rights accruing under
special circumstances) having the right to vote at elections of directors (the "Base Capital Stock"); except that any change in the relative beneficial ownership of the Company's securities by any
person resulting solely from a reduction in the aggregate number of outstanding shares of Base Capital Stock, and any decrease thereafter in such person's ownership of securities, shall be disregarded
until such person increases in any manner, directly or indirectly, such person's beneficial ownership of any securities of the Company. 




        The
term "Change in Control" shall not include a transaction, the sole purpose of which is to change the state of the Company's incorporation. 


        17.4 "Code" means the Internal Revenue Code of 1986, as amended. 


        17.5 "Committee" means a committee of the Board, as described in Article 2. 


        17.6 "Common Share" means one share of the common stock of the Company. 


        17.7 "Company" means Biosite Incorporated, a Delaware corporation. 


        17.8 "Eligible Employee" means a common-law employee of the Company, a Parent or a Subsidiary. 


        17.9 "Exchange Act" means the Securities Exchange Act of 1934, as amended. 


        17.10 "Exercise Price," in the case of an Option, means the amount for which one Common Share may be purchased upon exercise
of such Option, as specified in the applicable Stock Option Agreement. "Exercise Price," in the case of an SAR, means an amount, as specified in the applicable SAR Agreement, which is subtracted from
the Fair Market Value of one Common Share in determining the amount payable upon exercise of such SAR. 


        17.11 "Fair Market Value" means the market price of Common Shares, determined by the Committee as follows: 



        (a)   If
the Common Shares were traded over-the-counter on the date in question but was not traded on the Nasdaq Stock Market or the Nasdaq National
Market, then the Fair Market Value shall be equal to the mean between the last reported representative bid and asked prices quoted for such date by the principal automated inter-dealer quotation
system on which the Common Shares are quoted or, if the Common Shares are not quoted on any such system, by the "Pink Sheets" published by the National Quotation Bureau, Inc.; 


        (b)   If
the Common Shares were traded over-the-counter on the date in question and were traded on the Nasdaq Stock Market or the Nasdaq National
Market, then the Fair Market Value shall be equal to the last-transaction price quoted for such date by the Nasdaq Stock Market or the Nasdaq National Market; 



        (c)   If
the Common Shares were traded on a stock exchange on the date in question, then the Fair Market Value shall be equal to the closing price reported by the applicable
composite transactions report for such date; and 


        (d)   If
none of the foregoing provisions is applicable, then the Fair Market Value shall be determined by the Committee in good faith on such basis as it deems appropriate. 




        Whenever
possible, the determination of Fair Market Value by the Committee shall be based on the prices reported in the Western Edition of The Wall Street
Journal. Such determination shall be conclusive and binding on all persons. 







        17.12 "ISO" means an incentive stock option described in section 422(b) of the Code. 


        17.13 "NSO" means a stock option not described in section 422 or 423 of the Code. 



        17.14 "Officer" means a person who is an officer of the Company within the meaning of Section 16 of the Exchange Act
and the rules and regulations promulgated there thereunder and also means a person who holds a Vice President or higher position with the Company. 


        17.15 "Option" means a nonstatutory stock option granted under the Plan and entitling the holder to purchase one Common
Share. The term "Option" shall not include an incentive stock option described section 422 of the Code. 


        17.16 "Optionee" means an individual or estate who holds an Option or SAR. 



        17.17 "Outside Director" shall mean a member of the Board who is not a common-law employee of the Company, a
Parent or a Subsidiary. 


        17.18 "Parent" means any corporation (other than the Company) in an unbroken chain of corporations ending with the Company,
if each of the corporations other than the Company owns stock possessing 50% or more of the total combined voting power of all classes of stock in one of the other corporations in such chain. A
corporation that attains the status of a Parent on a date after the adoption of the Plan shall be considered a Parent commencing as of such date. 



        17.19 "Participant" means an individual or estate who holds an Award as provided in Section 4.2. 


        17.20 "Plan" means this Amended and Restated Biosite Incorporated 2002 Nonqualified Stock Incentive Plan, as amended from
time to time. 


        17.21 "Restricted Share" means a Common Share awarded under the Plan. 


        17.22 "SAR" means a stock appreciation right granted under the Plan. 



        17.23 "SAR Agreement" means the agreement between the Company and an Optionee which contains the terms, conditions and
restrictions pertaining to his or her SAR. 


        17.24 "Stock Award Agreement" means the agreement between the Company and the recipient of a Restricted Share or Stock Unit
which contains the terms, conditions and restrictions pertaining to such Restricted Share or Stock Unit. 


        17.25 "Stock Option Agreement" means the agreement between the Company and an Optionee which contains the terms, conditions
and restrictions pertaining to his or her Option. 


        17.26 "Stock Unit" means a bookkeeping entry representing the equivalent of one Common Share, as awarded under the Plan. 


        17.27 "Subsidiary" means any corporation (other than the Company) in an unbroken chain of corporations beginning with the
Company, if each of the corporations other than the last corporation in the unbroken chain owns stock possessing 50% or more of the total combined voting power of all classes of stock in one of the
other corporations in such chain. A corporation that attains the status of a Subsidiary on a date after the adoption of the Plan shall be considered a Subsidiary commencing as of such date. 




        ARTICLE
18    EXECUTION.    


        To
record the adoption of the Plan by the Board, the Company has caused its duly authorized officer to affix the corporate name and seal hereto. 



	 	 	BIOSITE INCORPORATED
	

 	
 	

By	

/s/  KIM D. BLICKENSTAFF      












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Exhibit 10.33


AMENDED AND RESTATED BIOSITE INCORPORATED 2002 NONQUALIFIED STOCK INCENTIVE PLAN