Document:

AMENDMENT
      AGREEMENT

     

    THIS
      AMENDMENT AGREEMENT (this “Amendment”)
      is
      entered into as of May 2, 2007, by and among Thomas Equipment, Inc., a Delaware
      corporation (“Thomas
      Equipment”),
      Thomas Ventures, Inc., a Delaware corporation (“Thomas
      Ventures”
and
      together with Thomas Equipment, each a “Company”
and
      collectively the “Companies”),
      and
      Laurus Master Fund, Ltd. (“Laurus”).

     

    BACKGROUND

     

    Companies
      and Laurus are parties to a Security and Purchase Agreement dated as of November
      9, 2004 (as amended, restated, supplemented or otherwise modified from time
      to
      time, the “Security
      and Purchase Agreement”)
      pursuant to which Laurus provides Companies with certain financial
      accommodations.

     

    In
      connection with the Security and Purchase Agreement, Thomas Equipment and Laurus
      are parties to (a) a Registration Rights Agreement dated as of November 8,
      2006
      (as amended, restated, supplemented or otherwise modified from time to time,
      the
“2006
      RRA”)
      pursuant to which Thomas Equipment, among other things, has agreed to file
      a
      registration statement covering the Registrable Securities (as therein defined)
      and (b) a Registration Rights Agreement dated as of January 11, 2007 (as
      amended, restated, supplemented or otherwise modified from time to time, the
      “2007
      RRA”
      together with the 2006 RRA, each a “Registration
      Rights Agreement”
and
      collectively, the “Registration
      Rights Agreements”)
      pursuant to which Thomas Equipment, among other things, has agreed to file
      a
      registration statement covering the Registrable Securities (as therein
      defined).

     

    Pursuant
      to that certain Default Notice dated August 17, 2006 from Laurus to the
      Companies and certain other parties listed therein, Laurus notified Companies
      that various Events of Default have occurred and are continuing under the
      Agreement (the “Existing
      Defaults”).

     

    The
      Companies have requested that Laurus amend each Registration Rights Agreement
      and, notwithstanding the occurrence and continuance of the Existing Defaults,
      Laurus is willing to do so on the terms and conditions hereafter set
      forth.

     

    NOW,
      THEREFORE, in consideration of the agreements set forth herein, and for other
      good and valuable consideration, the receipt and sufficiency of which are hereby
      acknowledged, the parties hereto hereby agree as follows:

     

    1. Definitions.
      All
      capitalized terms not otherwise defined herein shall have the meanings given
      to
      them in the Security and Purchase Agreement.

     

    2. Amendments
      to Registration Rights Agreement.
      Subject
      to satisfaction of the conditions precedent set forth in Section 3 below, the
      following defined terms set forth in Section 1 of each Registration Rights
      Agreement are hereby amended in their entirety to provide as
      follows:

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    “Effectiveness
      Date”
      means,
      (i) with respect to the Registration Statement required to be filed in
      connection with the shares of Common Stock issuable upon exercise of the
      Warrants issued on the date hereof, December 24, 2007 and (ii) with respect
      to
      each additional Registration Statement required to be filed hereunder (if any),
      a date no later than thirty (30) days following the applicable Filing
      Date.”

     

    “Filing
      Date”
      means,
      with respect to (1) the Registration Statement required to be filed in
      connection with the shares of Common Stock issuable to the Holder upon exercise
      of a Warrant, October 24, 2007, and (2) the Registration Statement required
      to
      be filed in connection with the shares of Common Stock issuable to the Holder
      as
      a result of adjustments to the Exercise Price made pursuant to Section 4 of
      the
      Warrant or otherwise, thirty (30) days after the occurrence of such event or
      the
      date of the adjustment of the Exercise Price.

     

    3. Conditions
      of Effectiveness.
      This
      Amendment shall become effective upon satisfaction of the following conditions
      precedent: Laurus shall have received (i) a copy of this Amendment executed
      by
      Companies and consented and agreed to by each Guarantor, and (ii) all such
      other
      certificates, instruments, documents, agreements and opinions of counsel as
      may
      be required by Laurus or its counsel, each of which shall be in form and
      substance satisfactory to Laurus and its counsel.

     

    4. Representations
      and Warranties.
      Each
      Company hereby represents and warrants as follows:

     

    (a) This
      Amendment, the Security and Purchase Agreement and each Registration Rights
      Agreement, as amended hereby, constitute legal, valid and binding obligations
      of
      Companies and are enforceable against Companies in accordance with their
      respective terms.

     

    (b) Upon
      the
      effectiveness of this Amendment, each Company hereby reaffirms all covenants,
      representations and warranties made in the Security and Purchase Agreement
      and
      each Registration Rights Agreement, as applicable, to the extent the same are
      not amended hereby and agree that all such covenants, representations and
      warranties shall be deemed to have been remade as of the effective date of
      this
      Amendment.

     

    (c) Companies
      have no defense, counterclaim or offset with respect to the Security and
      Purchase Agreement, each Registration Rights Agreement or any Ancillary
      Agreement.

     

    5. Effect
      on the Registration Rights Agreements.

     

    (a) Upon
      the
      effectiveness of Section
      2
      hereof,
      each reference in each Registration Rights Agreement to “this Agreement,”
“hereunder,” “hereof,” “herein” or words of like import shall mean and be a
      reference to each Registration Rights Agreement, as applicable, as amended
      hereby.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    (b) Except
      as
      specifically amended herein, the Security and Purchase Agreement, each
      Registration Rights Agreement, and all other documents, instruments and
      agreements executed and/or delivered in connection therewith, shall remain
      in
      full force and effect, and are hereby ratified and confirmed.

     

    (c) The
      execution, delivery and effectiveness of this Amendment shall not operate as
      a
      waiver of any right, power or remedy of Laurus, nor constitute a waiver of
      any
      provision of the Security and Purchase Agreement, each Registration Rights
      Agreement, any Ancillary Agreement or any other documents, instruments or
      agreements executed and/or delivered under or in connection
      therewith.

     

    6. Waiver
      of Liquidated Damages under Registration Rights Agreements.
      Laurus
      hereby waives all liquidated damages which would otherwise have been payable
      by
      Thomas Equipment to Laurus through the date hereof under and in accordance
      with
      Section 2(b) of each Registration Rights Agreement. 

     

    7. Existing
      Defaults.

     

    (a) Each
      Company acknowledges that (a) the occurrence and continuance of the Existing
      Defaults entitles Laurus to exercise its rights and remedies under the Security
      and Purchase Agreement, the Ancillary Agreements and applicable law including,
      without limitation, (i) the right to declare all Obligations due and payable
      and
      (ii) the right to enforce and exercise any and all of its rights, remedies,
      Liens and security interests under the Security and Purchase Agreement and
      the
      Ancillary Agreements and (b) Laurus’ (i) entering into this Amendment, (ii)
      continuing to provide financial accommodations to the Companies and (iii)
      voluntary forbearance, if any, from exercising any of its rights or remedies
      is
      not intended (and should not be construed) as a waiver of the Existing Defaults
      or Laurus’ rights and remedies with respect thereto, all of which are reserved
      and preserved by Laurus. Any waiver of any Existing Default shall only be
      effective if set forth in a written instrument executed and delivered in
      accordance with the terms of the Security and Purchase Agreement.

     

    (b) Nothing
      contained herein shall (a) limit in any manner whatsoever each Company’s, each
      guarantor’s and each other Person’s obligation to comply with, and Laurus’ right
      to insist on such Company’s, such guarantor’s and such other Person’s compliance
      with, each and every term of the Security and Purchase Agreement and the
      Ancillary Agreements, or (b) constitute a waiver of any Event of Default
      (including, without limitation, any Existing Default) or any right or remedy
      available to Laurus, or of any Company’s, any guarantor’s or any other Person’s
      obligation to pay and perform all of its obligations, in each case whether
      arising under the Security and Purchase Agreement, the Ancillary Agreements,
      applicable law and/or in equity, all of which rights and remedies howsoever
      arising are hereby expressly reserved, are not waived and may be exercised
      by
      Laurus at any time.

     

    8. Governing
      Law.
      This
      Amendment shall be binding upon and inure to the benefit of the parties hereto
      and their respective successors and assigns and shall be governed by and
      construed in accordance with the laws of the State of New York.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    9. Headings.
      Section
      headings in this Amendment are included herein for convenience of reference
      only
      and shall not constitute a part of this Amendment for any other
      purpose.

     

    10. Counterparts;
      Facsimile.
      This
      Amendment may be executed by the parties hereto in one or more counterparts,
      each of which shall be deemed an original and all of which when taken together
      shall constitute one and the same agreement. Any signature delivered by a party
      by facsimile or electronic transmission shall be deemed to be an original
      signature hereto.

     

    [Signature
      Pages to Follow]

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    IN
      WITNESS WHEREOF, this Amendment has been duly executed as of the day and year
      first written above.

     

    
      	 	 	 
	 	
              THOMAS
                EQUIPMENT, INC.

            
	 
 	 
 	 
 
	
            	By:  	/s/
              MICHAEL LUTHER
	 	
              

              Name:
                Michael Luther

              Title:
                CRO

            

    

     

    
      	 	 	 
	 	
              
                THOMAS
                  VENTURES, INC.

              

            
	 
 	 
 	 
 
	
            	By:  	/s/
              MICHAEL LUTHER
	 	
              

              Name:
                Michael Luther

              Title:
                CRO

            

    

     

    
      	 	 	 
	 	
              
                
                  LAURUS
                    MASTER FUND, LTD.

                

              

            
	 
 	 
 	 
 
	
            	By:  	/s/
              DAVID GRIN
	 	
              

              
                Name:
                  David Grin

                Title:
                  Fund ManagerUnassociated Document

    Exhibit
      10.1

    

    

    HANA
      BIOSCIENCES, INC.

     

    2004
      STOCK INCENTIVE PLAN

    

    (including
      amendments through June 22, 2007)

     

    1.  Purpose.
      The
      purpose of the 2004 Stock Incentive Plan (the “Plan”)
      of
      Hana Biosciences, Inc. (the “Company”)
      is to
      increase stockholder value and to advance the interests of the Company by
      furnishing a variety of economic incentives (“Incentives”)
      designed to attract, retain and motivate employees, certain key consultants
      and
      directors of the Company. Incentives may consist of opportunities to purchase
      or
      receive shares of Common Stock, $.001 par value, of the Company (“Common
      Stock”)
      on
      terms determined under this Plan.

     

    2.  Administration.
      The
      Plan shall be administered by the board of directors of the Company (the
“Board
      of Directors”)
      or by
      a stock option or compensation committee (the “Committee”)
      of the
      Board of Directors. The Committee shall consist of not less than two directors
      of the Company and shall be appointed from time to time by the Board of
      Directors. Each member of the Committee shall be (i) a “non-employee
      director” within the meaning of Rule 16b-3 of the Securities
      Exchange Act of 1934 (including the regulations promulgated thereunder, the
      “1934
      Act”)
      (a
“Non-Employee
      Director”),
      and
      (ii)
      shall be an “outside director” within the meaning of Section 162(m) under the
      Internal Revenue Code of 1986, as amended (the “Code”)
      and
      the regulations promulgated thereunder. The Committee shall have complete
      authority to award Incentives under the Plan, to interpret the Plan, and to
      make
      any other determination which it believes necessary and advisable for the proper
      administration of the Plan. The Committee’s decisions and matters relating to
      the Plan shall be final and conclusive on the Company and its participants.
      If
      at any time there is no stock option or compensation committee, the term
“Committee”, as used in the Plan, shall refer to the Board of
      Directors.

     

    3.  Eligible
      Participants.
      Officers of the Company, employees of the Company or its subsidiaries, members
      of the Board of Directors, and consultants or other independent contractors
      who
      provide services to the Company or its subsidiaries shall be eligible to receive
      Incentives under the Plan when designated by the Committee. Participants may
      be
      designated individually or by groups or categories (for example, by pay grade)
      as the Committee deems appropriate. Participation by officers of the Company
      or
      its subsidiaries and any performance objectives relating to such officers must
      be approved by the Committee. Participation by others and any performance
      objectives relating to others may be approved by groups or categories (for
      example, by pay grade) and authority to designate participants who are not
      officers and to set or modify such targets may be delegated.

     

    4.  Types
      of Incentives.
      Incentives under the Plan may be granted in any one or a combination of the
      following forms: (a) incentive stock options and non-statutory stock options
      (Section 6); (b) stock appreciation rights (“SAR
      s”)
      (Section 7); (c) stock awards (Section 8); (d) restricted stock (Section 8);
      and
      (e) performance shares (Section 9).

     

    5.  Shares
      Subject to the Plan.

     

    5.1  Number
      of Shares.
      Subject
      to adjustment as provided in Section 10.6, the number of shares of Common Stock
      which may be issued under the Plan shall not exceed 7,000,000 shares of Common
      Stock. Shares of Common Stock that are issued under the Plan or are subject
      to
      outstanding Incentives will be applied to reduce the maximum number of shares
      of
      Common Stock remaining available for issuance under the Plan.

     

    5.2  Cancellation.
      To the
      extent that cash in lieu of shares of Common Stock is delivered upon the
      exercise of an SAR pursuant to Section 7.4, the Company shall be deemed, for
      purposes of applying the limitation on the number of shares, to have issued
      the
      greater of the number of shares of Common Stock which it was entitled to issue
      upon such exercise or on the exercise of any related option. In the event that
      a
      stock option or SAR granted hereunder expires or is terminated or canceled
      unexercised as to any shares of Common Stock, such shares may again be issued
      under the Plan either pursuant to stock options, SARs or otherwise. In the
      event
      that shares of Common Stock are issued as restricted stock or pursuant to a
      stock award and thereafter are forfeited or reacquired by the Company pursuant
      to rights reserved upon issuance thereof, such forfeited and reacquired shares
      may again be issued under the Plan, either as restricted stock, pursuant to
      stock awards or otherwise. The Committee may also determine to cancel, and
      agree
      to the cancellation of, stock options in order to make a participant eligible
      for the grant of a stock option at a lower price than the option to be
      canceled.

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

    

     

    5.3  Type
      of Common Stock.
      Common
      Stock issued under the Plan in connection with stock options, SARs, performance
      shares, restricted stock or stock awards, may be authorized and unissued shares
      or treasury stock, as designated by the Committee.

     

    6.  Stock
      Options.
      A stock
      option is a right to purchase shares of Common Stock from the Company. The
      Committee may designate whether an option is to be considered an incentive
      stock
      option or a non-statutory stock option. To the extent that any incentive stock
      option granted under the Plan ceases for any reason to qualify as an “incentive
      stock option” for purposes of Section 422 of the Code, such incentive stock
      option will continue to be outstanding for purposes of the Plan but will
      thereafter be deemed to be a non-statutory stock option. Each stock option
      granted by the Committee under this Plan shall be subject to the following
      terms
      and conditions:

     

    6.1  Price.
      The
      option price per share shall be determined by the Committee, subject to
      adjustment under Section 10.6.

     

    6.2  Number.
      The
      number of shares of Common Stock subject to the option shall be determined
      by
      the Committee, subject to adjustment as provided in Section 10.6. The number
      of
      shares of Common Stock subject to a stock option shall be reduced in the same
      proportion that the holder thereof exercises a SAR if any SAR is granted in
      conjunction with or related to the stock option. Notwithstanding the foregoing,
      no person shall receive grants of Stock Options under the Plan that exceed
      1,000,000 shares during any one fiscal year of the Company.

     

    6.3  Duration
      and Time for Exercise.
      Subject
      to earlier termination as provided in Section 10.4, the term of each stock
      option shall be determined by the Committee but shall not exceed ten years
      and
      one day from the date of grant. Each stock option shall become exercisable
      at
      such time or times during its term as shall be determined by the Committee
      at
      the time of grant. The Committee may accelerate the exercisability of any stock
      option. Subject to the foregoing and with the approval of the Committee, all
      or
      any part of the shares of Common Stock with respect to which the right to
      purchase has accrued may be purchased by the Company at the time of such accrual
      or at any time or times thereafter during the term of the option.

     

    6.4  Manner
      of Exercise.
      A stock
      option may be exercised, in whole or in part, by giving written notice to the
      Company, specifying the number of shares of Common Stock to be purchased and
      accompanied by the full purchase price for such shares. The option price shall
      be payable (a) in United States dollars upon exercise of the option and may
      be
      paid by cash, uncertified or certified check or bank draft; (b) at the
      discretion of the Committee, by delivery of shares of Common Stock in payment
      of
      all or any part of the option price, which shares shall be valued for this
      purpose at the Fair Market Value on the date such option is exercised; or (c)
      at
      the discretion of the Committee, by instructing the Company to withhold from
      the
      shares of Common Stock issuable upon exercise of the stock option shares of
      Common Stock in payment of all or any part of the exercise price and/or any
      related withholding tax obligations, which shares shall be valued for this
      purpose at the Fair Market Value or in such other manner as may be authorized
      from time to time by the Committee. The shares of Common Stock delivered by
      the
      participant pursuant to Section 6.4(b) must have been held by the participant
      for a period of not less than six months prior to the exercise of the option,
      unless otherwise determined by the Committee. 

     

    6.5  Not
      a
      Stockholder.
      Prior
      to the issuance of Common Stock upon exercise of a stock option, a participant
      shall have no rights as a stockholder of the Company. 

     

    6.6  Incentive
      Stock Options. Notwithstanding anything in the Plan to the contrary, the
      following additional provisions shall apply to the grant of stock options which
      are intended to qualify as Incentive Stock Options (as such term is defined
      in
      Section 422 of the Code):

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    

     

    (a)  The
      aggregate Fair Market Value (determined as of the time the option is granted)
      of
      the shares of Common Stock with respect to which Incentive Stock Options are
      exercisable for the first time by any participant during any calendar year
      (under the Plan and any other incentive stock option plans of the Company or
      any
      subsidiary or parent corporation of the Company) shall not exceed $100,000.
      The
      determination will be made by taking incentive stock options into account in
      the
      order in which they were granted. If such excess only applies to a portion
      of an
      Incentive Stock Option, the Committee, in its discretion, will designate which
      shares will be treated as shares to be acquired upon exercise of an Incentive
      Stock Option.

     

    (b)  Any
      Incentive Stock Option certificate authorized under the Plan shall contain
      such
      other provisions as the Committee shall deem advisable, but shall in all events
      be consistent with and contain all provisions required in order to qualify
      the
      options as Incentive Stock Options.

     

    (c)  All
      Incentive Stock Options must be granted within ten years from the earlier of
      the
      date on which this Plan was adopted by Board of Directors or the date this
      Plan
      was approved by the stockholders.

     

    (d)  Unless
      sooner exercised, all Incentive Stock Options shall expire no later than 10
      years after the date of grant.

     

    (e)  The
      option price for Incentive Stock Options shall be not less than the Fair Market
      Value of the Common Stock subject to the option on the date of
      grant.

     

    (f)  If
      Incentive Stock Options are granted to any participant who, at the time such
      option is granted, would own (within the meaning of Section 422 of the Code)
      stock possessing more than 10% of the total combined voting power of all classes
      of stock of the employer corporation or of its parent or subsidiary corporation,
      (i) the option price for such Incentive Stock Options shall be not less than
      110% of the Fair Market Value of the Common Stock subject to the option on
      the
      date of grant and (ii) such Incentive Stock Options shall expire no later than
      five years after the date of grant.

     

    7.  Stock
      Appreciation Rights.
      An SAR
      is a right to receive, without payment to the Company, a number of shares of
      Common Stock, cash or any combination thereof, the amount of which is determined
      pursuant to the formula set forth in Section 7.4. An SAR may be granted (a)
      with
      respect to any stock option granted under this Plan, either concurrently with
      the grant of such stock option or at such later time as determined by the
      Committee (as to all or any portion of the shares of Common Stock subject to
      the
      stock option), or (b) alone, without reference to any related stock option.
      Each
      SAR granted by the Committee under this Plan shall be subject to the following
      terms and conditions:

     

    7.1  Number.
      Each
      SAR granted to any participant shall relate to such number of shares of Common
      Stock as shall be determined by the Committee, subject to adjustment as provided
      in Section 10.6. In the case of an SAR granted with respect to a stock option,
      the number of shares of Common Stock to which the SAR pertains shall be reduced
      in the same proportion that the holder of the option exercises the related
      stock
      option.

     

    7.2  Duration.
      Subject
      to earlier termination as provided in Section 10.4, the term of each SAR shall
      be determined by the Committee but shall not exceed ten years and one day from
      the date of grant. Unless otherwise provided by the Committee, each SAR shall
      become exercisable at such time or times, to such extent and upon such
      conditions as the stock option, if any, to which it relates is exercisable.
      The
      Committee may in its discretion accelerate the exercisability of any
      SAR.

     

    7.3  Exercise.
      An SAR
      may be exercised, in whole or in part, by giving written notice to the Company,
      specifying the number of SARs which the holder wishes to exercise. Upon receipt
      of such written notice, the Company shall, within 90 days thereafter, deliver
      to
      the exercising holder certificates for the shares of Common Stock or cash or
      both, as determined by the Committee, to which the holder is entitled pursuant
      to Section 7.4 .

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

    

     

    7.4  Payment.
      Subject
      to the right of the Committee to deliver cash in lieu of shares of Common Stock
      (which, as it pertains to officers and directors of the Company, shall comply
      with all requirements of the 1934 Act), the number of shares of Common Stock
      which shall be issuable upon the exercise of an SAR shall be determined by
      dividing:

     

    (a)  the
      number of shares of Common Stock as to which the SAR is exercised multiplied
      by
      the amount of the appreciation in such shares (for this purpose, the
“appreciation” shall be the amount by which the Fair Market Value of the shares
      of Common Stock subject to the SAR on the exercise date exceeds (1) in the
      case
      of an SAR related to a stock option, the purchase price of the shares of Common
      Stock under the stock option or (2) in the case of an SAR granted alone, without
      reference to a related stock option, an amount which shall be determined by
      the
      Committee at the time of grant, subject to adjustment under Section 10.6);
      by

     

    (b)  the
      Fair
      Market Value of a share of Common Stock on the exercise date.

     

    In
      lieu
      of issuing shares of Common Stock upon the exercise of a SAR, the Committee
      may
      elect to pay the holder of the SAR cash equal to the Fair Market Value on the
      exercise date of any or all of the shares which would otherwise be issuable.
      No
      fractional shares of Common Stock shall be issued upon the exercise of an SAR;
      instead, the holder of the SAR shall be entitled to receive a cash adjustment
      equal to the same fraction of the Fair Market Value of a share of Common Stock
      on the exercise date or to purchase the portion necessary to make a whole share
      at its Fair Market Value on the date of exercise.

     

    7.5  Not
      Stockholder.
      The
      grant of an SAR to a participant shall not create any rights in such participant
      as a stockholder of the Company, until the payment of shares of Common Stock,
      if
      any, with respect to an award.

     

    8.  Stock
      Awards and Restricted Stock.
      A stock
      award consists of the transfer by the Company to a participant of shares of
      Common Stock, without other payment therefor, as additional compensation for
      services to the Company. A share of restricted stock consists of shares of
      Common Stock which are sold or transferred by the Company to a participant
      at a
      price determined by the Committee (which price shall be at least equal to the
      minimum price required by applicable law for the issuance of a share of Common
      Stock) and subject to restrictions on their sale or other transfer by the
      participant. The transfer of Common Stock pursuant to stock awards and the
      transfer and sale of restricted stock shall be subject to the following terms
      and conditions:

     

    8.1  Number
      of Shares.
      The
      number of shares to be transferred or sold by the Company to a participant
      pursuant to a stock award or as restricted stock shall be determined by the
      Committee.

     

    8.2  Sale
      Price.
      The
      Committee shall determine the price, if any, at which shares of restricted
      stock
      shall be sold to a participant, which may vary from time to time and among
      participants and which may be below the Fair Market Value of such shares of
      Common Stock at the date of sale.

     

    8.3  Restrictions.
      All
      shares of restricted stock transferred or sold hereunder shall be subject to
      such restrictions as the Committee may determine, including, without limitation
      any or all of the following:

     

    (a)  a
      prohibition against the sale, transfer, pledge or other encumbrance of the
      shares of restricted stock, such prohibition to lapse at such time or times
      as
      the Committee shall determine (whether in annual or more frequent installments,
      at the time of the death, disability or retirement of the holder of such shares,
      or otherwise);

     

    (b)  a
      requirement that the holder of shares of restricted stock forfeit, or (in the
      case of shares sold to a participant) resell back to the Company at his or
      her
      cost, all or a part of such shares in the event of termination of his or her
      employment or consulting engagement during any period in which such shares
      are
      subject to restrictions;

     

    (c)  such
      other conditions or restrictions as the Committee may deem
      advisable.

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

    

     

    8.4  Escrow.
      In
      order to enforce the restrictions imposed by the Committee pursuant to Section
      8.3, the participant receiving restricted stock shall enter into an agreement
      with the Company setting forth the conditions of the grant. Shares of restricted
      stock shall be registered in the name of the participant and deposited, together
      with a stock power endorsed in blank, with the Company. Each such certificate
      shall bear a legend in substantially the following form:

     

    The
      transferability of this certificate and the shares of Common Stock represented
      by it are subject to the terms and conditions (including conditions of
      forfeiture) contained in the 2004 Stock Incentive Plan of Hana Biosciences,
      Inc. (the
      “Company”), and an agreement entered into between the registered owner and the
      Company. A copy of the Plan and the agreement is on file in the office of the
      secretary of the Company.

     

    8.5  End
      of
      Restrictions.
      Subject
      to Section 10.5, at the end of any time period during which the shares of
      restricted stock are subject to forfeiture and restrictions on transfer, such
      shares will be delivered free of all restrictions to the participant or to
      the
      participant’s legal representative, beneficiary or heir.

     

    8.6  Stockholder.
      Subject
      to the terms and conditions of the Plan, each participant receiving restricted
      stock shall have all the rights of a stockholder with respect to shares of
      stock
      during any period in which such shares are subject to forfeiture and
      restrictions on transfer, including without limitation, the right to vote such
      shares. Dividends paid in cash or property other than Common Stock with respect
      to shares of restricted stock shall be paid to the participant currently. Unless
      the Committee determines otherwise in its sole discretion, any dividends or
      distributions (including regular quarterly cash dividends) paid with respect
      to
      shares of Common Stock subject to the restrictions set forth above will be
      subject to the same restrictions as the shares to which such dividends or
      distributions relate. In the event the Committee determines not to pay dividends
      or distributions currently, the Committee will determine in its sole discretion
      whether any interest will be paid on such dividends or distributions. In
      addition, the Committee in its sole discretion may require such dividends and
      distributions to be reinvested (and in such case the participant consents to
      such reinvestment) in shares of Common Stock that will be subject to the same
      restrictions as the shares to which such dividends or distributions
      relate.

     

    9.  Performance
      Shares.
      A
      performance share consists of an award which shall be paid in shares of Common
      Stock, as described below. The grant of performance share shall be subject
      to
      such terms and conditions as the Committee deems appropriate, including the
      following:

     

    9.1  Performance
      Objectives.
      Each
      performance share will be subject to performance objectives for the Company
      or
      one of its operating units to be achieved by the end of a specified period.
      The
      number of performance shares granted shall be determined by the Committee and
      may be subject to such terms and conditions, as the Committee shall determine.
      If the performance objectives are achieved, each participant will be paid in
      shares of Common Stock or cash. If such objectives are not met, each grant
      of
      performance shares may provide for lesser payments in accordance with formulas
      established in the award.

     

    9.2  Not
      Stockholder.
      The
      grant of performance shares to a participant shall not create any rights in
      such
      participant as a stockholder of the Company, until the payment of shares of
      Common Stock with respect to an award.

     

    9.3  No
      Adjustments.
      No
      adjustment shall be made in performance shares granted on account of cash
      dividends which may be paid or other rights which may be issued to the holders
      of Common Stock prior to the end of any period for which performance objectives
      were established.

     

    9.4  Expiration
      of Performance Share.
      If any
      participant’s employment or consulting engagement with the Company is terminated
      for any reason other than normal retirement, death or disability prior to the
      achievement of the participant’s stated performance objectives, all the
      participant’s rights on the performance shares shall expire and terminate unless
      otherwise determined by the Committee. In the event of termination of employment
      or consulting by reason of death, disability, or normal retirement, the
      Committee, in its own discretion may determine what portions, if any, of the
      performance shares should be paid to the participant.

     

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

    

    10.  General.

     

    10.1  Effective
      Date.
      The
      Plan will become effective upon its approval by the Company’s stockholders.
      Unless approved by the stockholders within one year after the date of the Plan’s
      adoption by the Board of Directors, the Plan shall not be effective for any
      purpose.

     

    10.2  Duration.
      The
      Plan shall remain in effect until all Incentives granted under the Plan have
      either been satisfied by the issuance of shares of Common Stock or the payment
      of cash or been terminated under the terms of the Plan and all restrictions
      imposed on shares of Common Stock in connection with their issuance under the
      Plan have lapsed. No Incentives may be granted under the Plan after the tenth
      anniversary of the date the Plan is approved by the stockholders of the
      Company.

     

    10.3  Non-transferability
      of Incentives.
      No
      stock option, SAR, restricted stock or performance award may be transferred,
      pledged or assigned by the holder thereof (except, in the event of the holder’s
      death, by will or the laws of descent and distribution to the limited extent
      provided in the Plan or the Incentive), or pursuant to a qualified domestic
      relations order as defined by the Code or Title I of the Employee Retirement
      Income Security Act, or the rules thereunder, and the Company shall not be
      required to recognize any attempted assignment of such rights by any
      participant. Notwithstanding the preceding sentence, stock options may be
      transferred by the holder thereof to Employee’s spouse, children, grandchildren
      or parents (collectively, the “Family
      Members”),
      to
      trusts for the benefit of Family Members, to partnerships or limited liability
      companies in which Family Members are the only partners or stockholders, or
      to
      entities exempt from federal income taxation pursuant to Section 501(c)(3)
      of
      the Internal Revenue Code of 1986, as amended. During a participant’s lifetime,
      a stock option may be exercised only by him or her, by his or her guardian
      or
      legal representative or by the transferees permitted by the preceding
      sentence.

     

    10.4  Effect
      of Termination or Death.
      In the
      event that a participant ceases to be an employee of or consultant to the
      Company for any reason, including death or disability, any Incentives may be
      exercised or shall expire at such times as may be determined by the
      Committee.

     

    10.5  Additional
      Conditions.
      Notwithstanding anything in this Plan to the contrary: (a) the Company may,
      if
      it shall determine it necessary or desirable for any reason, at the time of
      award of any Incentive or the issuance of any shares of Common Stock pursuant
      to
      any Incentive, require the recipient of the Incentive, as a condition to the
      receipt thereof or to the receipt of shares of Common Stock issued pursuant
      thereto, to deliver to the Company a written representation of present intention
      to acquire the Incentive or the shares of Common Stock issued pursuant thereto
      for his or her own account for investment and not for distribution; and (b)
      if
      at any time the Company further determines, in its sole discretion, that the
      listing, registration or qualification (or any updating of any such document)
      of
      any Incentive or the shares of Common Stock issuable pursuant thereto is
      necessary on any securities exchange or under any federal or state securities
      or
      blue sky law, or that the consent or approval of any governmental regulatory
      body is necessary or desirable as a condition of, or in connection with the
      award of any Incentive, the issuance of shares of Common Stock pursuant thereto,
      or the removal of any restrictions imposed on such shares, such Incentive shall
      not be awarded or such shares of Common Stock shall not be issued or such
      restrictions shall not be removed, as the case may be, in whole or in part,
      unless such listing, registration, qualification, consent or approval shall
      have
      been effected or obtained free of any conditions not acceptable to the Company.
      Notwithstanding any other provision of the Plan or any agreements entered into
      pursuant to the Plan, the Company will not be required to issue any shares
      of
      Common Stock under this Plan, and a participant may not sell, assign, transfer
      or otherwise dispose of shares of Common Stock issued pursuant to any Incentives
      granted under the Plan, unless (a) there is in effect with respect to such
      shares a registration statement under the Securities Act of 1933, as amended
      (the “Securities
      Act”),
      and
      any applicable state or foreign securities laws or an exemption from such
      registration under the Securities Act and applicable state or foreign securities
      laws, and (b) there has been obtained any other consent, approval or permit
      from
      any other regulatory body which the Committee, in its sole discretion, deems
      necessary or advisable. The Company may condition such issuance, sale or
      transfer upon the receipt of any representations or agreements from the parties
      involved, and the placement of any legends on certificates representing shares
      of Common Stock, as may be deemed necessary or advisable by the Company in
      order
      to comply with such securities law or other restrictions.

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

    

     

    10.6  Adjustment.
      In the
      event of any recapitalization, stock dividend, stock split, combination of
      shares or other change in the Common Stock, the number of shares of Common
      Stock
      then subject to the Plan, including shares subject to restrictions, options
      or
      achievements of performance shares, shall be adjusted in proportion to the
      change in outstanding shares of Common Stock. In the event of any such
      adjustments, the purchase price of any option, the performance objectives of
      any
      Incentive, and the shares of Common Stock issuable pursuant to any Incentive
      shall be adjusted as and to the extent appropriate, in the discretion of the
      Committee, to provide participants with the same relative rights before and
      after such adjustment.

     

    10.7  Incentive
      Plans and Agreements.
      Except
      in the case of stock awards, the terms of each Incentive shall be stated in
      a
      plan or agreement approved by the Committee. The Committee may also determine
      to
      enter into agreements with holders of options to reclassify or convert certain
      outstanding options, within the terms of the Plan, as Incentive Stock Options
      or
      as non-statutory stock options and in order to eliminate SARs with respect
      to
      all or part of such options and any other previously issued
      options.

     

    10.8  Withholding.

     

    (a)  The
      Company shall have the right to withhold from any payments made under the Plan
      or to collect as a condition of payment any taxes required by law to be
      withheld. At any time when a participant is required to pay to the Company
      an
      amount required to be withheld under applicable income tax laws in connection
      with a distribution of Common Stock or upon exercise of an option or SAR, the
      participant may satisfy this obligation in whole or in part by electing (the
      “Election”)
      to
      have the Company withhold from the distribution shares of Common Stock having
      a
      value up to the minimum amount of withholding taxes required to be collected
      on
      the transaction. The value of the shares to be withheld shall be based on the
      Fair Market Value of the Common Stock on the date that the amount of tax to
      be
      withheld shall be determined (“Tax
      Date”).

     

    (b)  Each
      Election must be made prior to the Tax Date. The Committee may disapprove of
      any
      Election, may suspend or terminate the right to make Elections, or may provide
      with respect to any Incentive that the right to make Elections shall not apply
      to such Incentive. An Election is irrevocable.

     

    (c)  If
      a
      participant is an officer or director of the Company within the meaning of
      Section 16 of the Exchange Act, then an Election is subject to the following
      additional restrictions:

     

    (i)  No
      Election shall be effective for a Tax Date which occurs within six months of
      the
      grant or exercise of the award, except that this limitation shall not apply
      in
      the event death or disability of the participant occurs prior to the expiration
      of the six-month period.

     

    (ii)  The
      Election must be made either six months prior to the Tax Date or must be made
      during a period beginning on the third business day following the date of
      release for publication of the Company’s quarterly or annual summary statements
      of sales and earnings and ending on the twelfth business day following such
      date.

     

    10.9  No
      Continued Employment, Engagement or Right to Corporate Assets.
      No
      participant under the Plan shall have any right, because of his or her
      participation, to continue in the employ of the Company for any period of time
      or to any right to continue his or her present or any other rate of
      compensation. Nothing contained in the Plan shall be construed as giving an
      employee, a consultant, such persons’ beneficiaries or any other person any
      equity or interests of any kind in the assets of the Company or creating a
      trust
      of any kind or a fiduciary relationship of any kind between the Company and
      any
      such person.

     

    10.10  Deferral
      Permitted.
      Payment
      of cash or distribution of any shares of Common Stock to which a participant
      is
      entitled under any Incentive shall be made as provided in the Incentive. Payment
      may be deferred at the option of the participant if provided in the
      Incentive.

     

    
      
         

      

      
        7

        
          

        

      

      
         

      

    

    

    10.11  Amendment
      of the Plan.
      The
      Board may amend or discontinue the Plan at any time. However, no such amendment
      or discontinuance shall adversely change or impair, without the consent of
      the
      recipient, an Incentive previously granted. Further, no such amendment shall,
      without approval of the stockholders of the Company, (a) increase the maximum
      number of shares of Common Stock which may be issued to all participants under
      the Plan, (b) change or expand the types of Incentives that may be granted
      under
      the Plan, (c) change the class of persons eligible to receive Incentives under
      the Plan, or (d) materially increase the benefits accruing to participants
      under
      the Plan.

    

    10.12  Sale,
      Merger, Exchange or Liquidation.
      Unless
      otherwise provided in the agreement for an Incentive, in the event of an
      acquisition of the Company through the sale of substantially all of the
      Company’s assets or through a merger, exchange, reorganization or liquidation of
      the Company or a similar event as determined by the Committee (collectively
      a
“transaction”), the Committee shall be authorized, in its sole discretion, to
      take any and all action it deems equitable under the circumstances, including
      but not limited to any one or more of the following:

     

    (a)  providing
      that the Plan and all Incentives shall terminate and the holders of (i) all
      outstanding vested options shall receive, in lieu of any shares of Common Stock
      they would be entitled to receive under such options, such stock, securities
      or
      assets, including cash, as would have been paid to such participants if their
      options had been exercised and such participant had received Common Stock
      immediately prior to such transaction (with appropriate adjustment for the
      exercise price, if any), (ii) performance shares and/or SARs that entitle
      the participant to receive Common Stock shall receive, in lieu of any shares
      of
      Common Stock each participant was entitled to receive as of the date of the
      transaction pursuant to the terms of such Incentive, if any, such stock,
      securities or assets, including cash, as would have been paid to such
      participant if such Common Stock had been issued to and held by the participant
      immediately prior to such transaction, and (iii) any Incentive under this
      Agreement which does not entitle the participant to receive Common Stock shall
      be equitably treated as determined by the Committee. 

     

    (b)  providing
      that participants holding outstanding vested Common Stock based Incentives
      shall
      receive, with respect to each share of Common Stock issuable pursuant to such
      Incentives as of the effective date of any such transaction, at the
      determination of the Committee, cash, securities or other property, or any
      combination thereof, in an amount equal to the excess, if any, of the Fair
      Market Value of such Common Stock on a date within ten days prior to the
      effective date of such transaction over the option price or other amount owed
      by
      a participant, if any, and that such Incentives shall be cancelled, including
      the cancellation without consideration of all options that have an exercise
      price below the per share value of the consideration received by the Company
      in
      the transaction. 

     

    (c)  providing
      that the Plan (or replacement plan) shall continue with respect to Incentives
      not cancelled or terminated as of the effective date of such transaction and
      provide to participants holding such Incentives the right to earn their
      respective Incentives on a substantially equivalent basis (taking into account
      the transaction and the number of shares or other equity issued by such
      successor entity) with respect to the equity of the entity succeeding the
      Company by reason of such transaction.

     

    (d)  providing
      that all unvested, unearned or restricted Incentives, including but not limited
      to restricted stock for which restrictions have not lapsed as of the effective
      date of such transaction, shall be void and deemed terminated, or, in the
      alternative, for the acceleration or waiver of any vesting, earning or
      restrictions on any Incentive.

     

    The
      Board
      may restrict the rights of participants or the applicability of this
      Section  10.12 to the extent necessary to comply with Section 16(b) of the
      Securities Exchange Act of 1934, the Internal Revenue Code or any other
      applicable law or regulation. The grant of an Incentive award pursuant to the
      Plan shall not limit in any way the right or power of the Company to make
      adjustments, reclassifications, reorganizations or changes of its capital or
      business structure or to merge, exchange or consolidate or to dissolve,
      liquidate, sell or transfer all or any part of its business or assets.

     

    
      
         

      

      
        8

        
          

        

      

      
         

      

    

    

    10.13  Definition
      of Fair Market Value.
      For
      purposes of this Plan, the “Fair
      Market Value”
of
      a
      share of Common Stock at a specified date shall, unless otherwise expressly
      provided in this Plan, be the amount which the Committee or the Board of
      Directors determines in good faith to be 100% of the fair market value of such
      a
      share as of the date in question; provided, however, that notwithstanding the
      foregoing, if such shares are listed on a U.S. securities exchange or are quoted
      on the Nasdaq National Market or Nasdaq Small-Cap Market (“Nasdaq”),
      then
      Fair Market Value shall be determined by reference to the last sale price of
      a
      share of Common Stock on such U.S. securities exchange or Nasdaq on the
      applicable date. If such U.S. securities exchange or Nasdaq is closed for
      trading on such date, or if the Common Stock does not trade on such date, then
      the last sale price used shall be the one on the date the Common Stock last
      traded on such U.S. securities exchange or Nasdaq.

     

    10.14  Breach
      of Confidentiality, Assignment of Inventions, or Non-Compete
      Agreements.
      Notwithstanding anything in the Plan to the contrary, in the event that a
      participant materially breaches the terms of any confidentiality, assignment
      of
      inventions, or non-compete agreement entered into with the Company or any
      subsidiary of the Company, whether such breach occurs before or after
      termination of such participant’s employment or other service with the Company
      or any subsidiary, the Committee in its sole discretion may immediately
      terminate all rights of the participant under the Plan and any agreements
      evidencing an Incentive then held by the participant without notice of any
      kind.

     

    10.15  Governing
      Law.
      The
      validity, construction, interpretation, administration and effect of the Plan
      and any rules, regulations and actions relating to the Plan will be governed
      by
      and construed exclusively in accordance with the laws of the State of Delaware,
      notwithstanding the conflicts of laws principles of any
      jurisdictions.

     

    10.16  Successors
      and Assigns.
      The
      Plan will be binding upon and inure to the benefit of the successors and
      permitted assigns of the Company and the participants in the Plan

    

    
      
         

      

      
        9

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00125-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00125-of-00352.parquet"}]]