Document:

Exhibit 10.2

EXHIBIT 10.2

THE SECURITIES REPRESENTED BY THIS WARRANT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF
1933 (THE “ACT”) OR UNDER THE SECURITIES LAWS OF ANY STATE. THESE SECURITIES MAY NOT BE OFFERED
FOR SALE, SOLD, OR OTHERWISE TRANSFERRED, EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT
FILED UNDER THE SECURITIES ACT OF 1933 OR PURSUANT TO AN EXEMPTION FROM THE REGISTRATION
REQUIREMENTS OF SUCH ACT, THE AVAILABILITY OF WHICH EXEMPTION MUST BE ESTABLISHED TO THE REASONABLE
SATISFACTION OF THE COMPANY.  THE TRANSFER OF THIS INSTRUMENT IS RESTRICTED AS DESCRIBED HEREIN.

Issue Date:                           , 2010

FORM OF STOCK PURCHASE WARRANT

1st DETECT CORPORATION

For value received, including performance of services (the “Services”) for the Company
as a [insert employment position or relationship to Company] thereof, subject to the terms and
conditions herein, 1st Detect Corporation, a Delaware corporation (the “Company”), hereby
grants to [insert grantee name] (the “Holder”) the right to purchase from the Company
[                     (                    )] shares (the “Shares”) of the Company’s Common Stock, par value
$0.001 per share (“Common Stock”). The number of Shares shall be subject to adjustment
pursuant to Section 6 hereof.

1. Exercise Price. The purchase price for each Share shall be $[     ] per share, as adjusted
from time to time pursuant to Section 6 hereof (the “Exercise Price”), and shall be payable
upon exercise pursuant to Section 4 hereof.

2. Vesting.

	 	(a)	 	This stock purchase warrant (this “Warrant”) shall vest
and become exercisable as follows: 50% of the Shares shall vest and become
exercisable on the first anniversary of the Issue Date and 50% of the Shares
shall vest and become exercisable on the second anniversary of the Issue Date;
provided, that no Shares shall vest unless on such vesting date the Holder has,
since the Issue Date, continuously provided Services to the Company. Upon
vesting, the Shares will remain exercisable until 5:00 p.m., Central time on
the seventh anniversary of the Issue Date.

	 	(b)	 	Notwithstanding the foregoing, all of the Shares shall
immediately and automatically vest and become exercisable upon the occurrence
of a “Change of Control” of the Company, defined herein as the consummation of

(i) the sale of all or substantially all of the assets of the Company on a
consolidated basis to an unrelated person or entity;

 

 

 

(ii) a merger, reorganization or consolidation in which the outstanding shares
of capital stock of the Company are converted into or exchanged for securities of
the successor entity and the holders of the Company’s outstanding voting power
immediately prior to such transaction do not own at least a majority of the
outstanding voting power of the successor entity immediately upon completion of such
transaction;

(iii) the sale of all or a majority of the capital stock of the Company to an
unrelated person or entity; or

(iv) any other transaction in which the holders of the Company’s outstanding
voting power immediately prior to such transaction do not own at least a majority of
the outstanding voting power of the Company or a successor entity immediately upon
completion of the transaction;

provided, however, that neither of the following shall be deemed a “Change of
Control” of the Company: (x) the transfer of the capital stock of the Company to an
affiliate of the transferor or (y) the issuance of a dividend in the form of the
capital stock of the Company or the capital stock of any affiliate of the Company.

3. Effect of Termination of Employment or Services.

	 	(a)	 	The Shares granted pursuant to this Warrant shall vest in
accordance with Section 2(a) above, as long as the Holder continues to perform
Services for the Company. If, however, prior to the date on which the Shares
vest pursuant to Section 2(a), either:

(i) the Company terminates the Holder’s Services, or

(ii) the Holder voluntarily ceases to perform Services for the Company,

in each case, without the Holder’s immediate rehire by the Company, then the portion of the right
to purchase all of the Shares vested immediately prior to the date of termination shall remain
vested and shall be exercisable by the Holder and the right to purchase the Shares that have not
previously vested in accordance with Section 2(a) above shall, as of the date of such termination
or cessation of Services, be forfeited by the Holder to the Company.

4. Method of Exercise; Expenses.

	 	(a)	 	While the Shares remain exercisable in accordance with
Section 2, the Holder may exercise, in whole or in part, and from time to time,
the purchase rights evidenced hereby. Such exercise will be effected by the
Holder:

(i) surrendering this Warrant to the Company at the address shown beneath the
Company’s signature in this Warrant, together with a duly executed notice of
exercise in the form of Exhibit A attached hereto (the “Notice of
Exercise”); and

 

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(ii) delivering cash, a check payable to, or a wire transfer to the account of,
the Company in an amount equal to the product of (x) the Exercise Price multiplied
by (y) the number of Shares being purchased.

	 	(b)	 	Each exercise of this Warrant will be deemed to have been
effected immediately prior to the close of business on the day on which the
Holder will have exercised the purchase rights as provided in Section 4(a).
Upon such exercise, the Company shall issue as soon as practicable a stock
certificate in proper form representing the number of Shares so purchased.

	 	(c)	 	If this Warrant is exercised in part only, the Company shall
execute and deliver a new Warrant of the same tenor evidencing the right of the
Holder to purchase the balance of the Shares purchasable hereunder upon the
same terms and conditions as herein set forth.

	 	(d)	 	The Company will pay all expenses, taxes (other than transfer
taxes) and other charges payable in connection with the preparation, issuance
and delivery of this Warrant and the Shares.

5. Valid Issuance of Shares. The Company covenants that: (i) it will at all times keep
reserved for issuance upon exercise hereof such number of Shares as will be issuable upon such
exercise, and (ii) the Shares, when issued pursuant to the exercise of this Warrant, will be duly
and validly issued, fully paid and nonassessable.

6. Adjustments. The number of and kind of securities purchasable upon exercise of this
Warrant shall be subject to adjustment from time to time as follows:

	 	(a)	 	Subdivisions, Combinations and Other Issuances. If the Company
shall at any time prior to the expiration of this Warrant subdivide its Common
Stock, by stock split or otherwise, or combine its Common Stock, or issue
additional shares of its Common Stock as a dividend with respect to any shares
of its Common Stock, the number of Shares issuable on the exercise of this
Warrant shall forthwith be proportionately increased in the case of a
subdivision or stock dividend, or proportionately decreased in the case of a
combination. In such event, the Exercise Price shall be adjusted to equal (i)
the Exercise Price in effect immediately prior to such adjustment multiplied by
the number of shares of Common Stock for which this Warrant is exercisable
immediately prior to the adjustment divided by (ii) the number of shares for
which this Warrant is exercisable immediately after such adjustment. Any
adjustment under this Section 6(a) shall become effective at the close of
business on the date the subdivision or combination becomes effective, or as of
the record date of
such dividend, or in the event that no record date is fixed, upon the making
of such dividend.

 

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	 	(b)	 	Reclassification, Reorganization and Consolidation. In case of
any reclassification, capital reorganization, or change in the Common Stock of
the Company (other than as a result of a subdivision, combination, or stock
dividend provided for in Section 6(a) above), then, as a condition of such
reclassification, reorganization or change, lawful provision shall be made, and
duly executed documents evidencing the same from the Company or its successor
shall be delivered to Holder, so that Holder shall have the right at any time
prior to the expiration of this Warrant to purchase the kind and amount of
 shares of stock and other securities and property receivable in connection with
such reclassification, reorganization, or change by a holder of the same number
of shares of Common Stock as were purchasable by Holder immediately prior to
such reclassification, reorganization, or change, and the exercise price
therefor shall be appropriately adjusted. In any such case appropriate
provisions shall be made with respect to the rights and interest of Holder so
that the provisions hereof shall thereafter be applicable with respect to any
 shares of stock or other securities and property deliverable upon exercise
hereof.

	 	(c)	 	Limitation on Adjustments. Notwithstanding the foregoing, no
adjustment in the Exercise Price shall be required unless such adjustment would
require an increase or decrease of at least one cent ($.01) in such price;
provided, however, that any adjustments which by reason of this Section 6 are
not required to be made shall be carried forward and taken into account in any
subsequent adjustment. Notwithstanding anything in this Section 6 to the
contrary, the Exercise Price shall not be reduced to less than the then
existing par value of the Common Stock as a result of any adjustment made
hereunder.

7. No Fractional Shares or Scrip. No fractional shares or scrip representing fractional
shares will be issued upon the exercise of this Warrant. The Company shall make any adjustment
therefor by rounding the number of shares obtainable upon exercise to the next highest whole number
of shares.

8. Stockholder Rights. Subject to the limitations and restrictions contained herein, upon
exercise of this Warrant in accordance with Section 2 hereof, the Holder shall have all rights as a
stockholder of the Company with respect to the purchased Shares, including the right to vote and
receive dividends and distributions.

9. Restrictions on Transfer. Absent prior written consent of the Board of Directors of the
Company, this Warrant may not be sold, assigned, transferred, pledged or otherwise encumbered,
whether voluntarily or involuntarily, by operation of law or otherwise, during the period beginning
on the Issue Date and ending on the second anniversary of the date such Shares shall have become
vested and exercisable pursuant to Section 2. Consistent with the foregoing, no right or benefit
under this Warrant shall be subject to transfer, sale, assignment, pledge,
encumbrance or charge, whether voluntary, involuntary, by operation of law or otherwise (other
than by will or the laws of descent and distribution), and any attempt to transfer, sell, assign,
pledge, encumber or charge the same shall be void. If the Holder shall become bankrupt or attempt
to transfer, assign, sell, pledge, encumber or charge any right or benefit hereunder, or if any
creditor shall attempt to subject the same to a writ of garnishment, attachment, execution,
sequestration or any other form of process or involuntary lien or seizure, then such right or
benefit shall cease and terminate.

 

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10. Limitation of Rights. Nothing in this Warrant shall be construed to:

	 	(a)	 	give the Holder any right to be awarded any further Restricted
Stock or any other equity in the Company in the future, even if Restricted
Stock or other equity awards are granted on a regular or repeated basis;

	 	(b)	 	give the Holder or any other person any interest in any
specified asset or assets of the Company or any subsidiary of the Company; or

	 	(c)	 	confer upon the Holder the right to continue in the service of
the Company, or affect the right of the Company to terminate the service of the
Holder at any time or for any reason.

11. Drag Along Rights. If at any time the Company or the owners of a majority of the Company
approves a sale of (i) all of the stock of the Company to one or more independent third parties
through one or more related transactions, (ii) all or substantially all of the assets of the
Company to one or more independent third parties through one or more related transactions, or (iii)
any other transaction where control of the Company is transferred to one or more independent third
parties, in each case including if structured as a merger, consolidation, joint venture or other
similar transaction (each, an “Approved Sale”), the Holder will consent to and raise no
objections against the Approved Sale and shall waive any dissenters’ rights, appraisal rights or
similar rights in connection with such Approved Sale. If the Approved Sale is structured as a sale
of stock, then the Holder will, if requested by the Company, sell or otherwise transfer its any and
all Shares purchased hereunder (or any portion thereof if requested), on the terms and conditions
approved by the Company. The Holder will promptly take all reasonable actions deemed necessary or
desirable, in the reasonable judgment of the Company, in connection with and to facilitate the
consummation of the Approved Sale, including the execution of all agreements and instruments
reasonably requested by the Company. The Company will use reasonable efforts to notify the Holder
in writing not less than ten (10) business days before the proposed consummation of an Approved
Sale; provided, however, that the Holder agrees not to, directly or indirectly, without the prior
written consent of the Company, disclose to any other person any information related to such
potential Approved Sale, other than disclosures to legal counsel in confidence or as otherwise
necessary to protect the Holder’s rights under this Warrant or applicable law, or as otherwise
required by law.

12. Successors and Assigns. This Warrant shall bind and inure to the benefit of and be
enforceable by the Holder, the Company and their respective permitted successors and assigns
(including personal representatives, heirs and legatees), except that the Holder may not assign
any rights or obligations under this Warrant except to the extent and in the manner expressly
permitted herein.

 

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13. Amendments. This Warrant cannot be modified, altered or amended except by an agreement in
writing signed by both the Company and the Holder.

14. Severability; Counterparts. The invalidity or unenforceability of any provision hereof
shall in no way affect the validity or enforceability of any other provision. This Warrant may be
executed in two or more counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the same instrument.

15. Notices. Any notice or other communication required or permitted hereunder shall be given
in writing and shall be deemed given, effective and received upon prepaid delivery in person or by
courier or upon the earlier of delivery or the third business day after deposit in the United
States mail if sent by certified mail, with postage and fees prepaid, addressed to the other party
at its address as shown beneath its signature in this Warrant, or to such other address as such
party may designate in writing from time to time by notice to the other party in accordance with
this Section 12.

16. Governing Law. This Warrant shall be governed by, construed and enforced in accordance
with the laws of the State of Texas.

[Signature Page Follows]

 

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IN WITNESS WHEREOF, the Company has caused this Warrant to be duly executed and attested to as
of the date first written above.

	 	 	 	 	 	 	 
	 	 	1st DETECT CORPORATION	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 
	 
	 	 	 	 	 	 
	 	 	Address:	 	 
	 
	 	 	 	 	 	 
	ACCEPTED AND AGREED:
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	HOLDER
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 

	 	 	 	 	 	 
	Address:
	 	 	 	 	 	 

[Signature Page To Warrant]

 

 

 

Exhibit A

NOTICE OF EXERCISE

Dated:                     ,      

To: 1ST DETECT CORPORATION

The undersigned hereby irrevocably elects and agrees to purchase                      shares of the
Company’s Common Stock covered by the Warrant, dated                           , 20     , and makes payment herewith
in full therefor of the total exercise price of $                    .

The undersigned hereby represents that the undersigned is exercising such Warrant for its own
account or the account of an affiliate and will not sell or otherwise dispose of the underlying
Warrant Shares in violation of applicable securities laws. If said number of shares is less than
all of the shares purchasable hereunder the undersigned requests that a new Warrant evidencing the
right to purchase the remaining Warrant Shares (which new Warrant shall in all other respects be
identical to the Warrant exercised hereby) be registered in the name of                      whose
address is:

	 	 	 	 	 	 	 	 	 	 	 
	Printed Name of Warrant Holder:	 	 	 	 
	 

	 	 	 	 	 	 	 	 

	 	 
	Signature:
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Printed Name of Signing Party:	 	 	 	 
	 

	 	 	 	 	 	 	 	 

	 	 
	Title of Signing Party:	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Address of Warrant Holder:Exhibit 10.3

EXHIBIT 10.3

FORM OF RESTRICTED STOCK AGREEMENT

This Restricted Stock Agreement (this “Agreement”) is by and between Astrogenetix,
Inc., a Delaware corporation (the “Company”) and [Recipient Name] (the “Recipient”) as of
                          , 2010 (the “Grant Date”).

W I T N E S S E T H

WHEREAS, the Recipient is performing services (the “Services”) for the Company as a
[insert employment position or relationship to Company] thereof;

WHEREAS, the Special Committee of the Board of Directors of the Company (the “Special
Committee”) has determined that it is in the best interests of the Company and its stockholders
to grant shares of Restricted Stock (as defined below) to the Recipient as set forth below in order
to recognize and reward his performance and his individual contributions to the Company in
connection with the Services; and

WHEREAS, pursuant to the recommendation of the Special Committee, the Board of Directors of
the Company has authorized and approved the grant of Restricted Stock to the Recipient by the
Company, subject to the terms and conditions of this Agreement.

NOW, THEREFORE, in consideration of the mutual covenants and conditions hereafter set forth
and for other good and valuable consideration, the Company and the Recipient agree as follows:

1. Restricted Stock. In order to reward the performance and to encourage the continuing
contribution by Recipient to the successful performance of the Company, and in consideration of the
covenants and promises of the Recipient herein contained, the Company hereby grants to the
Recipient as of the Grant Date, [     ] shares of the Company’s Common Stock, par value $0.001 per
share (the “Restricted Stock”), subject to the conditions and restrictions set forth below.

2. Vesting Provisions.

	 	(a)	 	The shares of Restricted Stock shall vest as follows: 50% of
the Restricted Stock shall vest on the first anniversary of the Grant Date and
50% of the Restricted Stock shall vest on the second anniversary of the Grant
Date; provided, that no shares of Restricted Stock shall vest unless on such
vesting date the Recipient has, since the Grant Date, continuously provided
Services to the Company.

 

 

 

	 	(b)	 	The Restricted Stock will be transferred of record to the
Recipient and a certificate or certificates representing such Restricted Stock
will be issued in the name of the Recipient immediately upon the execution of
this Agreement. The Restricted Stock certificate(s) will bear a legend as
provided by the Company, conspicuously referring to the terms, conditions
and restrictions of this Agreement. Subject to Section 10, the Company may
deliver such Restricted Stock certificate(s) to the Recipient, retain
custody of such Restricted Stock certificate(s) prior to vesting or require
the Recipient to enter into an escrow arrangement under which such
Restricted Stock certificate(s) will be held by an escrow agent.

3. Effect of Termination of Employment or Services.

	 	(a)	 	The Restricted Stock granted pursuant to this Agreement shall
vest in accordance with Section 2(a) above, as long as the Recipient continues
to provide Services to the Company. If, however, prior to the date on which
the Restricted Stock vests pursuant to Section 2(a), either:

(i) the Company terminates the Recipient’s Services, or

(ii) the Recipient voluntarily ceases to perform Services for the Company,

in each case, without the Recipient’s immediate rehire by the Company, then the Recipient
shall retain the portion of all Restricted Stock vested immediately prior to the date of
termination and the shares of Restricted Stock that have not previously vested in accordance
with Section 2(a) above shall, as of the date of such termination or cessation of Services,
be forfeited by the Recipient to the Company.

4. Effect of Change of Control. All of the shares of Restricted Stock awarded pursuant to
this Agreement shall immediately and automatically vest upon the occurrence of a “Change of
Control” of the Company, defined herein as the consummation of

	 	(a)	 	the sale of all or substantially all of the assets of the
Company on a consolidated basis to an unrelated person or entity;

	 	(b)	 	a merger, reorganization or consolidation in which the
outstanding shares of capital stock of the Company are converted into or
exchanged for securities of the successor entity and the holders of the
Company’s outstanding voting power immediately prior to such transaction do not
own at least a majority of the outstanding voting power of the successor entity
immediately upon completion of such transaction;

	 	(c)	 	the sale of all or a majority of the capital stock of the
Company to an unrelated person or entity; or

 

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	 	(d)	 	any other transaction in which the holders of the Company’s
outstanding voting power immediately prior to such transaction do not own at
least a majority of the outstanding voting power of the Company or a successor
entity immediately upon completion of the transaction;

provided, however, that neither of the following shall be deemed a “Change of
Control” of the Company: (i) the transfer of the capital stock of the Company to an
affiliate of the transferor or (ii) the issuance of a dividend in the form of the
capital stock of the Company or the capital stock of any affiliate of the Company.

5. Restrictions on Transfer. Absent prior written consent of the Board of Directors of the
Company, the shares of Restricted Stock granted hereunder to the Recipient may not be sold,
assigned, transferred, pledged or otherwise encumbered, whether voluntarily or involuntarily, by
operation of law or otherwise, during the period beginning on the Grant Date and ending on the
second anniversary of the date such shares of Restricted Stock shall have become vested pursuant to
Section 2. Consistent with the foregoing, no right or benefit under this Agreement shall be
subject to transfer, sale, assignment, pledge, encumbrance or charge, whether voluntary,
involuntary, by operation of law or otherwise (other than by will or the laws of descent and
distribution), and any attempt to transfer, sell, assign, pledge, encumber or charge the same shall
be void. If the Recipient shall become bankrupt or attempt to transfer, assign, sell, pledge,
encumber or charge any right or benefit hereunder, or if any creditor shall attempt to subject the
same to a writ of garnishment, attachment, execution, sequestration or any other form of process or
involuntary lien or seizure, then such right or benefit shall cease and terminate.

6. Limitation of Rights. Nothing in this Agreement shall be construed to:

	 	(a)	 	give the Recipient any right to be awarded any further
Restricted Stock or any other equity in the Company in the future, even if
Restricted Stock or other equity awards are granted on a regular or repeated
basis;

	 	(b)	 	give the Recipient or any other person any interest in any
specified asset or assets of the Company or any subsidiary of the Company; or

	 	(c)	 	confer upon the Recipient the right to continue in the service
of the Company, or affect the right of the Company to terminate the service of
the Recipient at any time or for any reason.

7. Drag Along Rights. If at any time the Company or the owners of a majority of the Company
approves a sale of (i) all of the stock of the Company to one or more independent third parties
through one or more related transactions, (ii) all or substantially all of the assets of the
Company to one or more independent third parties through one or more related transactions, or (iii)
any other transaction where control of the Company is transferred to one or more independent third
parties, in each case including if structured as a merger, consolidation, joint venture or other
similar transaction (each, an “Approved Sale”), the Recipient will consent to and raise no
objections against the Approved Sale and shall waive any dissenters’ rights, appraisal rights or
similar rights in connection with such Approved Sale. If the Approved Sale is structured as a sale
of stock, then the Recipient will, if requested by the Company, sell or
otherwise transfer its Restricted Stock awarded hereunder (or any portion thereof if
requested), on the terms and conditions approved by the Company. The Recipient will promptly take
all reasonable actions deemed necessary or desirable, in the reasonable judgment of the Company, in
connection with and to facilitate the consummation of the Approved Sale, including the execution of
all agreements and instruments reasonably requested by the Company. The Company will use
reasonable efforts to notify the Recipient in writing not less than ten (10) business days before
the proposed consummation of an Approved Sale; provided, however, that the Recipient agrees not to,
directly or indirectly, without the prior written consent of the Company, disclose to any other
person any information related to such potential Approved Sale, other than disclosures to legal
counsel in confidence or as otherwise necessary to protect the Recipient’s rights under this
Agreement or applicable law, or as otherwise required by law.

 

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8. Prerequisites to Benefits. Neither the Recipient nor any person claiming through the
Recipient shall have any right or interest in the Restricted Stock awarded hereunder, unless and
until all the terms, conditions and provisions of this Agreement that affect the Recipient or such
other person shall have been complied with as specified herein.

9. Rights as a Stockholder. Subject to the limitations and restrictions contained herein, the
Recipient shall have all rights as a stockholder of the Company with respect to the shares of
Restricted Stock, including the right to vote and receive dividends and distributions.

10. Securities Act. The Recipient understands that the shares of Restricted Stock have not
been issued in a transaction registered under the Securities Act of 1933, as amended (together with
the rules and regulations promulgated thereunder, the “Securities Act”) or any state
securities law, and agrees that the Company will not be required to deliver any shares of
Restricted Stock pursuant to this Agreement if, in the opinion of counsel for the Company, such
issuance would violate the Securities Act, or any other applicable federal or state securities laws
or regulations.

11. Federal and State Taxes. The Recipient hereby acknowledges and understands that the
Recipient will be required, for income tax purposes, to include the fair market value of the
Restricted Stock as of the applicable vesting date as ordinary income for the year in which the
Restricted Stock becomes vested unless an election is filed by the Recipient with the Internal
Revenue Service (and, if necessary, the proper state taxing authorities) within 30 days of the
Grant Date, electing pursuant to Section 83(b) of the Internal Revenue Code (and similar state tax
provisions, if applicable) to be taxed currently on the fair market value of the Restricted Stock
as of the Grant Date. The Recipient represents that the Recipient has consulted any tax advisors
the Recipient deems advisable in connection with the Restricted Stock and the filing of an election
under Section 83(b) and similar tax provisions. The Recipient hereby assumes all responsibility
for filing such election and paying any taxes resulting from such election or from the failure to
file such election. If the Recipient makes an election under Section 83(b) with respect to the
Restricted Stock, the Recipient agrees to deliver a copy of such election to the Company
concurrently with the filing of such election with the Internal Revenue Service. In such event,
the Recipient shall make arrangements satisfactory to the Company to pay in the current year any
federal, state or local taxes required to be withheld with respect to such Restricted Stock. If
the Recipient fails to make such payments, then any provision of this Agreement to the contrary
notwithstanding, the Company (or its subsidiaries, if any) shall, to the
extent permitted by law, have the right to deduct from any payments of any kind otherwise due
from the Company or its subsidiaries to or with respect to the Recipient, whether or not pursuant
to this Agreement and regardless of the form of payment, any federal, state or local taxes of any
kind required by law to be withheld with respect to such Restricted Stock.

 

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12. Entire Agreement. This Agreement constitutes the entire agreement of the Company and the
Recipient with respect to the subject matter hereof and supersedes in its entirety all prior
undertakings and agreements of the parties with respect to the subject matter hereof.

13. Notice. Any notice or other communication required or permitted hereunder shall be given
in writing and shall be deemed given, effective and received upon prepaid delivery in person or by
courier or upon the earlier of delivery or the third business day after deposit in the United
States mail if sent by certified mail, with postage and fees prepaid, addressed to the other party
at its address as shown beneath its signature in this Agreement, or to such other address as such
party may designate in writing from time to time by notice to the other party in accordance with
this Section 13.

14. Amendment. This Agreement cannot be modified, altered or amended except by an agreement
in writing signed by both the Company and the Recipient.

15. Severability; Counterparts. The invalidity or unenforceability of any provision hereof
shall in no way affect the validity or enforceability of any other provision. This Agreement may
be executed in two or more counterparts, each of which shall be deemed an original, but all of
which together shall constitute one and the same instrument.

16. Consent of Spouse. The Recipient’s spouse, if any, shall execute and deliver to the
Company a consent of spouse substantially in the form of Exhibit A hereto, effective on the
date hereof. Notwithstanding the execution and delivery thereof, such consent shall not be deemed
to confer or convey to the spouse any rights in the Recipient’s Restricted Stock that do not
otherwise exist by operation of law or pursuant to this Agreement.

17. Successors and Assigns. This Agreement shall bind and inure to the benefit of and be
enforceable by the Recipient, the Company and their respective permitted successors and assigns
(including personal representatives, heirs and legatees), except that the Recipient may not assign
any rights or obligations under this Agreement except to the extent and in the manner expressly
permitted herein.

18. Governing Law. This Agreement shall be governed by, construed and enforced in accordance
with the laws of the State of Texas.

[Signature Page Follows]

 

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IN WITNESS WHEREOF, the Company has caused this Agreement to be duly executed by its officers
thereunto duly authorized, and the Recipient has hereunto set his hand as of the day and year first
above written.

	 	 	 	 	 	 	 
	 	 	ASTROGENETIX, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 
	 
	 	 	 	 	 	 
	 	 	Address:	 	 
	 
	 	 	 	 	 	 
	 	 	RECIPIENT	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 
	 	 	Address:	 	 

Signature Page to Restricted Stock Agreement

 

 

 

EXHIBIT A

CONSENT OF SPOUSE

I,                                         , spouse of                        
                 , acknowledge that I have read the
Restricted Stock Agreement, dated as of                           , 2010, to which this Consent is attached as
Exhibit A (the “Agreement”), and that I know the contents of the Agreement. I am
aware that the Agreement contains provisions regarding certain rights of the Company in shares of
capital stock of the Company which my spouse may own, including any interest I might have therein.

I hereby agree that my interest, if any, in any shares of capital stock of the Company subject
to the Agreement shall be irrevocably bound by the Agreement and further understand and agree that
any community property interest I may have in such shares of capital stock of the Company shall be
similarly bound by the Agreement.

I am aware that the legal, financing and related matters contained in the Agreement are
complex and that I am free to seek independent professional guidance or counsel with respect to
this Consent. I have either sought such guidance or counsel or have determined after reviewing the
Agreement carefully that I will waive such right.

Dated:                     

	 	 	 	 	 
	 

	 	 

Signature of Stockholder’s Spouse
	 	 
	 
	 	 	 	 
	 

	 	 

Print Name

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