Document:

THIS  STOCK  PURCHASE  AGREEMENT is made this 7th day of June, 2000, by and
between (SEE ATTACHED SCHEDULE A) or their assigns (hereinafter jointly referred
to  as  the  "BUYER"),  having an address at 192 Searidge Court, Shell Beach, CA
93449, and John D. Ericsson having an address at 1198 Gulf Breeze Parkway, Suite
8,  Gulf  Breeze,  FL  32561 (hereinafter referred to as the "Shareholder"), and
Gump  &  Company,  Inc.  (hereinafter  referred  to  as  the  "Company"  or  the
"Corporation"),  a  Delaware  corporation, having an address at 1198 Gulf Breeze
Parkway,  Suite  8,  Gulf Breeze, FL 32561. (The Shareholder and the Company are
hereinafter  collectively  referred  to  in  this  agreement  as  the  "Seller",
"Shareholder",  "Sellers"  or  the  "Selling  Parties").

     RECITALS:

     WHEREAS, the Shareholder owns 249,792 shares of the Company's common stock;

     WHEREAS,  the  BUYER  desires  to  purchase  all  of  the  shares which are
presently owned by Shareholder and the Shareholder is willing to sell the shares
to  the  BUYER,  all  on  the  terms  as  set  forth  below;  and

     WHEREAS,  the  Corporation  desires  that  this transaction be consummated.

     THEREFORE,  IN  CONSIDERATION  OF  THE  MUTUAL  COVENANTS,  AGREEMENTS,
REPRESENTATIONS,  AND  WARRANTIES CONTAINED IN THIS AGREEMENT, THE PARTIES AGREE
AS  FOLLOWS:

ARTICLE  ONE

PURCHASE  AND  SALE  OF  SHARES

1.0     BUYER  agrees  to  purchase  from  the  Shareholder, and the Shareholder
agrees  to  sell to the BUYER, at the closing, 249,792 shares of common stock of
the  COMPANY  (hereinafter  referred  to as the "Shares"), free and clear of all
claims,  liens,  or  encumbrances  of any kind except as described below, for an
aggregate  price  of ONE HUNDRED FIFTY THOUSAND DOLLARS ($150,000.00) payable at
closing.  BUYER'S  aggregated  shares  shall be bought and prorated individually
according  to  the  attached  Schedule  A.

ARTICLE  TWO
REPRESENTATIONS  AND  WARRANTIES  OF  THE  SELLER

2.0     The  Selling Parties, jointly and severally, represent and warrant that:
2.1     The  Corporation  is a corporation duly organized, validly existing, and
in good standing under the laws of Delaware, its state of incorporation, and has
all  necessary  corporate  powers  to  own  its  properties  and to carry on its
business  as  now  owned  and  operated  by  it.  Neither  the  ownership of its
properties  nor  the  nature  of  its  business  requires  the Corporation to be
qualified  in  any  jurisdiction  other  than  the  state  of its incorporation.
2.2     The  authorized  capital  stock  of  the  Corporation consists of Twenty
Million (20,000,000) shares of common stock, having a par value of $.01 each, of
which  Three Hundred Thirty Thousand (330,000) shares are issued and outstanding
(the  "Outstanding  Shares"),  and  Two  Million (2,000,000) shares of preferred
stock,  having  a  par  value of $.001 each (the "Preferred Stock"), of which no
shares  are  issued  and  outstanding.  All  the  Outstanding Shares are validly
issued,  fully  paid,  and nonassessable, and such shares have been so issued in
full  compliance  with  all  federal  and  state  securities  laws. There are no
outstanding subscriptions, options, rights, warrants, convertible securities, or
other  agreements  or  commitments  obligating  the  Corporation  to issue or to
transfer  from treasury any additional shares of its capital stock of any class.
2.3     Shareholder  is the owner, beneficially and of record, of all the Shares
free  and  clear  of  all  liens,  encumbrances,  security agreements, equities,
options,  claims,  charges,  and  restrictions.  Shareholder  has  full power to
transfer  the  Shares  to Buyer without obtaining the consent or approval of any
other  person  or  governmental  authority.
2.4     Exhibit  A  to this agreement sets forth a complete and detailed list of
all  assets  and  liabilities  of  the  Corporation.
2.5     Except  as  described  on  Exhibit  A,  there  has  not  been  any:
(1)     Mortgage,  pledge,  or other encumbrance of any asset of the Corporation
or  agreement  to  do  so;
(2)     Commencement or notice or threat of commencement of any civil litigation
or  any  governmental  proceeding against or investigation of the Corporation or
its  affairs;
(3)     Other  event  or condition of any character that has or might reasonably
have a material and adverse effect on the financial condition, business, assets,
liabilities,  or  prospects  of  the  Corporation;  or
(4)     Debt, liability, or obligation of any nature, whether accrued, absolute,
contingent,  or  otherwise,  and  whether  due  or  to  become  due.
2.6     Within  the  times  and in the manner prescribed by law, the Corporation
has filed all federal, state, and local tax returns required by law and has paid
all  taxes,  assessments,  and  penalties  due and payable. There are no present
disputes  as  to  taxes  of  any  nature  payable  by  the  Corporation.
2.7     The  Corporation  has  good  and  marketable title to all its assets and
interests  in  assets,  whether  real, personal, mixed, tangible, or intangible,
which  constitute  all  the  assets and interests in assets that are used in the
businesses  of  the  Corporation.  All  these  assets  are  free  and  clear  of
restrictions  on  or conditions to transfer or assignment, and free and clear of
mortgages,  liens,  pledges, charges, encumbrances, equities, claims, easements,
rights  of  way,  covenants,  conditions,  or  restrictions
2.8     The  Corporation has complied in all material respects with all federal,
state,  and local environmental protection laws and regulations and has not been
cited  for  any  violation  of  any  such law or regulation. No material capital
expenditures will be required for compliance with any applicable federal, state,
or  local  laws  or  regulations  now in force relating to the protection of the
environment.  There is no pending audit known to Selling Parties or any of their
officers  by any federal, state, or local governmental authority with respect to
groundwater,  soil,  or  air  monitoring;  the  storage,  burial,  release,
transportation,  or  disposal of hazardous substances; or the use of underground
storage  tanks  by  the  Corporation  or  relating  to  the  facilities  of  the
Corporation. The Corporation does not have any agreement with any third party or
federal,  state,  or  local  governmental  authority  relating  to  any  such
environmental  matter  or  any  environmental  cleanup.
2.9     The  Corporation  has complied with all requirements of the Occupational
Safety and Health Act and its California equivalents and regulations promulgated
under  any such legislation, the consequences of a violation of which could have
a material adverse effect on its operations, and with all orders, judgments, and
decrees  of  any tribunal under such legislation that apply to their business or
properties.
2.10     The  Corporation  is  not  in  violation of any provision of the Export
Administration  Act  of  1979  or  the  Foreign  Corrupt  Practices Act of 1977.
2.11     The  Corporation  has  not directly or indirectly paid or delivered any
fee,  commission,  or  other  money  or  property, however characterized, to any
finder,  agent, government official, or other party, in the United States or any
other  country,  that  is in any manner related to the business or operations of
the  Corporation, and that Shareholder or the Corporation knows or has reason to
believe  to  have  been  illegal  under  any federal, state, or local law of the
United  States or any other country having jurisdiction. The Corporation has not
participated,  directly  or indirectly, in any boycott or other similar practice
affecting  any  of its actual or potential customers. The Corporation has at all
times  done  business  in  an  open  and  ethical  manner.
2.12     The  Corporation  has  complied  with,  and is not in violation of, any
other  applicable  federal,  state,  or  local  statute,  law,  or  regulation
(including,  without  limitation, any applicable building, zoning, environmental
protection,  or other law, ordinance, or regulation) affecting its properties or
the  operation  of  its  businesses.
2.13     There  is  not pending, or, to the best actual knowledge of Shareholder
and  the  Corporation,  threat-ened,  any  suit,  action, arbitration, or legal,
administrative,  or  other  proceeding, or governmental investigation against or
affecting  the  Corporation  or  any  of  its  businesses,  assets, or financial
condition.
2.14     The  Corporation  is  not  in default with re-spect to any order, writ,
injunction,  or  decree  of  any  federal,  state,  local,  or  foreign  court,
department,  agency,  or  instrumentality.
2.15     The  consummation  of  the  transactions contemplated by this agreement
will  not result in or constitute any of the following: (1) a breach of any term
or  provision  of this agreement; (2) a default or an event that, with notice or
lapse  of time or both, would be a default, breach, or violation of the articles
of  incorporation or bylaws of the Corporation or any lease, license, promissory
note,  conditional  sales  contract,  commitment,  indenture,  mortgage, deed of
trust,  or  other  agreement, instrument, or arrangement to which Shareholder or
the  Corporation is a party or by which any of them or the property of either of
them  is  bound;  (3)  an  event  that  would  permit any party to terminate any
agreement  or to accelerate the maturity of any indebtedness or other obligation
of  the  Corporation;  or (4) the creation or imposition of any lien, charge, or
encumbrance  on  any  of  the  properties  of  the  Corporation.
2.16     Selling  Parties  have the right, power, legal ca-pacity, and authority
to  enter  into, and perform their respective obligations under, this agreement;
and  no  approvals  or  consents  of  any persons other than Selling Parties are
necessary in connection with it. The execution and delivery of this agreement by
the  Corporation  have  been  duly authorized by all necessary corporate action.
2.17     Selling  Parties will furnish to Buyer for its examination prior to the
closing  (1)  original  articles of incorporation and bylaws of the Corporation;
(2)  the  minute  books of the Corporation containing all records required to be
set  forth  of  all  proceedings,  consents,  actions,  and  meetings  of  the
share-holders  and  boards  of  directors  of  the Corporation; (3) all permits,
orders,  and  consents  issued with respect to the Corporation, or any security,
and  all  applications for such permits, orders, and consents; and (4) the stock
transfer  books  of  the  Corporation setting forth all transfers of any capital
stock.
2.18     None  of  the representations and warranties made by Shareholder or the
Corporation,  or  made  in  any  certificate  or  memorandum  furnished or to be
furnished  by  either  of  them or on their behalf, contains or will contain any
untrue  statement  of  a  material  fact,  or  omits  to state any material fact
necessary  to  make the statements made, in the light of the circumstances under
which  they  were  made,  not  misleading.

ARTICLE  THREE

REPRESENTATIONS  AND  WARRANTIES  OF  BUYER
3.0     Buyer  represents  and  warrants  that:

3.1     No  consent,  approval,  or authorization of, or declaration, filing, or
registration with, any United States federal or state governmental or regulatory
authority  is  required  to  be made or obtained by Buyer in connection with the
execution,  delivery,  and performance of this agreement and the consummation of
the  transactions  contemplated  by  this  agreement.

ARTICLE  FOUR

THE  CLOSING
4.0     The  transfer  of the Shares by Shareholder to Buyer (the Closing) shall
take place at the offices of Robert M. Kern, Esq. at 5:00 p.m. local time, on or
before June 7, 2000, or at such other time and place as the parties may agree to
in  writing  (the  "Closing  Date").
4.1     At  the  Closing,  Shareholder  shall  deliver  to  Buyer  the following
instruments,  in  form  and  substance  satisfactory  to  Buyer and its counsel,
against  delivery  of  the  items  specified  in  paragraph  4.2:
a.     A  certificate or certificates representing the Shares, registered in the
name of Shareholder, duly endorsed by Shareholder for transfer or accompanied by
an  assignment  of  the  Shares  duly  executed  by Shareholder, with signatures
medallion  guaranteed by a member of the New York Stock Exchange or by a bank or
trust  company,  and with all required documentary stock transfer stamps affixed
or  accompanied  by Shareholder's personal check for the amount of these stamps.
On  submission  of  that  certificate  or  certificates  to  the Corporation for
transfer,  the  Corporation  shall issue to Buyer a certificate representing the
Shares,  registered  in  the  Buyer's  name.
b.     The  stock  books, stock ledgers, minute books, and corporate records and
seals  of  the  Corporation.
c.     Except  as  otherwise specified by Buyer, the written resignations of all
the  officers  and  directors  of  the  Corporation.
d.     All  other  documents  as  required  by  Buyer  and as set forth in a due
diligence  checklist  approved  by  counsel  for  Buyer.
4.2     At  the  Closing,  Buyer  shall deliver to Shareholder One Hundred Fifty
Thousand  Dollars  ($150,000.00)  against  delivery  of  the  items specified in
paragraph  4.1.

ARTICLE  FIVE

COSTS
5.0     Each  party  represents and warrants that it has dealt with no broker or
finder  in  connection with any transaction contemplated by this agreement, and,
as  far  as it knows, no broker or other person is entitled to any commission or
finder's  fee  in  connection  with  any  of  these  transactions.
5.1     Selling  Parties and Buyer each agree to indemnify and hold harmless one
another against any loss, liability, damage, cost, claim, or expense incurred by
reason  of  any  brokerage,  commission,  or  finder's fee alleged to be payable
because  of  any  act,  omission,  or  statement  of  the  indemnifying  party.
5.2     Each  party  shall pay all costs and expenses incurred or to be incurred
by  it  in  negotiating and preparing this agreement and in closing and carrying
out  the  transactions  contemplated  by  this  agreement.

ARTICLE  SIX

MISCELLANEOUS
6.0     The  subject  headings  of  the  paragraphs  and  subparagraphs  of this
agreement  are  included  for  convenience  only  and  shall  not  affect  the
construction  or  interpretation  of  any  of  its  provisions.
6.1     This  agreement  constitutes  the  entire  agreement between the parties
pertaining  to  the  subject matter contained in it and supersedes all prior and
contemporaneous  agreements, representations, and understandings of the parties.
No  supplement,  modification,  or  amendment of this agreement shall be binding
unless  executed  in  writing  by  all  the  parties.  No  waiver  of any of the
provisions  of  this agreement shall be deemed, or shall constitute, a waiver of
any  other  provision, whether or not similar, nor shall any waiver constitute a
continuing  waiver. No waiver shall be binding unless executed in writing by the
party  making  the  waiver.
6.2     This  agreement  may  be  executed  simultaneously  in  one  or  more
counterparts,  each  of  which  shall  be  deemed  an original, but all of which
together  shall  constitute  one  and  the  same  instrument.
6.3     Nothing  in  this  agreement, whether express or implied, is intended to
confer  any  rights  or  remedies  under  or  by reason of this agreement on any
persons  other  than  the  parties  to  it  and  their respective successors and
assigns,  nor is anything in this agreement intended to relieve or discharge the
obligation or liability of any third persons to any party to this agreement, nor
shall  any  provision  give any third persons any right of subrogation or action
over  against  any  party  to  this  agreement.
6.4     This  agreement  shall be binding on, and shall inure to the benefit of,
the parties to it and their respective heirs, legal representatives, successors,
and  assigns.
6.5     All  representations,  warranties,  covenants,  and  agreements  of  the
parties contained in this agreement, or in any instrument, certificate, opinion,
or  other  writing  provided  for  in  it,  shall  survive  the  Closing.
6.6     All  notices,  requests,  demands,  and  other communications under this
agreement shall be in writing and shall be deemed to have been duly given on the
date of service if served personally on the party to whom notice is to be given,
or  on  the second day after mailing if mailed to the party to whom notice is to
be  given,  by  first  class mail, registered or certified, postage prepaid, and
properly  addressed  to  the addresses set forth above. Any party may change its
address  for  purposes  of  this  paragraph  by giving the other parties written
notice  of  the new address in the manner set forth above. A copy of any notices
shall  be  sent  to  Robert  M. Kern, 23676 Blythe Street, West Hills, CA 91304.
6.7     This  agreement  shall be construed in accordance with, and governed by,
the  laws  of  the State of California as applied to contracts that are executed
and  performed  entirely  in  California.
6.8     If  any  provision of this agreement is held invalid or unenforceable by
any  court of final jurisdiction, it is the intent of the parties that all other
provisions  of  this  agreement be construed to remain fully valid, enforceable,
and  binding  on  the  parties.

ARTICLE  SEVEN

SIGNATURES
IN  WITNESS  WHEREOF,  the parties to this agreement have duly executed it as of
the  day  and  year  first  above  written.

     GUMP  &  COMPANY,  INC.

     By:___________________________          _______________________
        John  Ericsson,  President               John  Ericsson

     CALIFORNIA  BROKERAGE  SERVICES,  INC.

     By:_____________________________________          _______________________
          Mark  A.  DiSalvo                         Robert  M.  Kern

<PAGE>
                                    EXHIBIT A
            COMPLETE AND DETAILED LIST OF ALL ASSETS AND LIABILITIES

No  Assets

No  Liabilities

<PAGE>
                                   SCHEDULE A
                            (COMPLETE LIST OF BUYERS)

California  Brokerage  Services,  Inc.          164,792  Shares

Robert  M.  Kern                                 85,000  Shares

<PAGE>TECHNICLONE CORPORATION

                   FORM OF NONQUALIFIED STOCK OPTION AGREEMENT

THIS OPTION AND THE SECURITIES ISSUABLE UPON EXERCISE HEREOF HAVE NOT BEEN
REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"),
OR ANY STATE SECURITIES LAW, AND MAY NOT BE SOLD, TRANSFERRED, PLEDGED,
HYPOTHECATED OR OTHERWISE DISPOSED OF OR EXERCISED UNLESS (i) A REGISTRATION
STATEMENT UNDER THE SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS SHALL
HAVE BECOME EFFECTIVE WITH REGARD THERETO, OR (ii) AN EXEMPTION FROM
REGISTRATION UNDER THE SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS IS
AVAILABLE IN CONNECTION WITH SUCH OFFER, SALE OR TRANSFER.

AN INVESTMENT IN THESE SECURITIES INVOLVES A HIGH DEGREE OF RISK. OPTIONEE MUST
RELY ON THEIR OWN ANALYSIS OF THE INVESTMENT AND ASSESSMENT OF THE RISKS
INVOLVED.

         This Nonqualified Consultant Stock Option Agreement (the "Agreement")
is entered into as of ___________ by and between TECHNICLONE CORPORATION, a
Delaware corporation (the "Company") and __________ (the "Optionee").

         1. GRANT OF OPTION. The Company hereby grants to Optionee an option
(the "Option") to purchase all or any portion of a total of
______________(xxxxx) shares (the "Shares") of the Common Stock of the Company
at a purchase price of $xxxxx per share (the "Exercise Price"), subject to the
terms and conditions set forth herein and in the Plan. This Option is intended
to qualify as an "nonqualified stock option" as defined in Section 422 of the
Internal Revenue Code of 1986, as amended (the "Code").

         2. VESTING OF OPTION. The right to exercise this Option shall vest with
respect to ______________ (xxxxx) shares on ____________and with respect to
____________ (xxxxx) shares on _____________ and with respect to
_____________(xxxxx) shares on ___________ and with respect to _____________
(xxxxx) shares on ___________, when this Option, unless sooner terminated, will
have become exercisable as to all the Shares issuable hereunder. This Option
shall be exercisable, in the manner set forth in Section 4 hereof, from time to
time in whole or in part as to any and all vested installments, provided,
however, that this Option shall not be exercised as to any fractional shares.

         No additional shares shall vest after the date of termination of
Optionee (as defined in Section 3 below), but this Option shall continue to be
exercisable in accordance with Section 3 below with respect to that number of
shares that have vested as of the date of termination of Optionee.

<PAGE>

         3. TERM OF OPTION. Optionee's right to exercise this Option shall
terminate upon the first to occur of the following:

                  (a) the expiration of ten (10) years from the date of this
Agreement;

                  (b) the expiration of twelve (12) months from the date
Optionee is terminated if such termination is due to permanent disability of the
Optionee (as defined in Section 22(e)(3) of the Code);

                  (c) the expiration of twelve (12) months from the date of
terminated if such termination is due to the Optionee's death; or

                  (d) the expiration of ninety (90) days from the date Optionee
is terminated if such termination occurs for any reason other than permanent
disability or death; or

         A transfer of the Optionee's services, without an intervening period,
from the Company to, or to the Company from, any subsidiary and/or parent of the
Company, or between subsidiaries, shall not be considered a termination.

         4. EXERCISE OF OPTION. On or after the vesting of any portion of this
Option in accordance with Section 2 above, and until termination of this Option
in accordance with Section 3 above, the portion of this Option which has vested
may be exercised in whole or in part by the Optionee (or, after his or her
death, by the person designated in Section 5 below) by delivery of the following
to the Company at its principal executive offices:

                  (a) A written notice of exercise which identifies this
Agreement and states the number of Shares (which may not be less than 100, or
all of the Shares if less than 100 Shares then remain covered by this Option)
then being purchased (but no fractional Shares may be purchased);

                  (b) Payment of the Exercise Price in full for the number of
shares then being purchased (i) in cash, (ii) by check, (iii) with the prior
written consent of the Committee, by execution and delivery of Optionee's
promissory note in the principal amount of the aggregate Exercise Price, with
such term, interest rate and other terms and conditions, including, without
limitation, requiring the shares acquired upon exercise to be pledged to the
Company to secure payment of the note, as the Committee may specify, (iv) with
the prior written consent of the Committee, by the delivery of shares of Common
Stock of the Company owned by the Optionee having a fair market value on the
date of exercise equal to the aggregate Exercise Price of the shares as to which
such Option is exercised, (v) by cancellation of indebtedness of the Company to
the Optionee, (vi) with the Committee's written consent, the cancellation by
Optionee of other options to purchase a number of shares of Common Stock of the
Company that have an aggregate fair market value, net of the aggregate exercise
price thereof, which is equal to the aggregate exercise price of the options
being exercised, provided the options being cancelled are held and are then
fully exercisable by the Optionee, (vii) provided that a public market for the

                                       2
<PAGE>

Company's Common Stock exists, through a "same day sale" commitment from the
Optionee and a broker-dealer that is a member of the National Association of
Securities Dealers (an "NASD Dealer") whereby the Optionee irrevocably elects to
exercise the Option and to sell a portion of the shares so purchased to pay for
the Exercise Price and whereby the NASD Dealer irrevocably commits upon receipt
of such shares to forward the Exercise Price directly to the Company, (viii)
provided that a public market for the Company's Common Stock exists, through a
"margin" commitment from the Optionee and an NASD Dealer whereby the Optionee
irrevocably elects to exercise the Option and to pledge the shares so purchased
to the NASD Dealer in a margin account as security for a loan from the NASD
Dealer in the amount of the Exercise Price, and whereby the NASD Dealer
irrevocably commits upon receipt of such shares to forward the Exercise Price
directly to the Company, or (ix) by any combination of the foregoing methods of
payment;

                  (c) A check or cash in the amount reasonably requested by the
Company to satisfy the Company's withholding obligations, if any, under federal,
state or other applicable tax laws with respect to the taxable income, if any,
recognized by the Optionee in connection with the exercise, in whole or in part,
of the Option (unless the Company and Optionee shall have made other
arrangements for deductions or withholding from Optionee's wages, bonus or other
income paid to Optionee by the Company or any parent or subsidiary of the
Company, provided such arrangements satisfy the requirements of applicable tax
laws); and

                  (d) A letter agreement, if requested by the Company, in such
form and substance as the Company may require, setting forth the investment
intent of, and agreements restricting the transferability of the Option Shares
from, the Optionee or person designated in Section 5 below, as the case may be.

         As used in this Agreement, the term "Committee" shall refer to the
committee of the Board of Directors of the Company appointed to administer the
Plan, and if no such committee has been appointed, the term Committee shall mean
the Board of Directors.

         5. DEATH OF OPTIONEE; NO ASSIGNMENT. The rights of the Optionee under
this Agreement may not be assigned or transferred except by will or by the laws
of descent and distribution, and may be exercised during the lifetime of the
Optionee only by such Optionee. Any attempt to sell, pledge, assign,
hypothecate, transfer or dispose of this Option in contravention of this
Agreement or the Plan shall be void and shall have no effect. If the Optionee
should die prior to the termination of this Option, and provided Optionee's
rights hereunder shall have vested pursuant to Section 2 hereof, Optionee's
legal representative, his or her legatee, or the person who acquired the right
to exercise this Option by reason of the death of the Optionee (individually, a
"Successor") shall succeed to the Optionee's rights and obligations under this
Agreement. After the death of the Optionee, only a Successor may exercise this
Option.

                                       3
<PAGE>

         6. REPRESENTATIONS AND WARRANTIES OF OPTIONEE.

                  (a) Optionee represents and warrants that this Option is being
acquired by Optionee for his or her personal account, for investment purposes
only, and not with a view to the distribution, resale or other disposition
thereof.

                  (b) Optionee acknowledges that the Company may issue Shares
upon the exercise of this Option without registering such Common Stock under the
Securities Act of 1933, as amended (the "Act"), on the basis of certain
exemptions from such registration requirement. Accordingly, Optionee agrees that
his or her exercise of the Option may be expressly conditioned upon his or her
delivery to the Company of an investment agreement that will include such
representations and undertakings as the Company may reasonably require in order
to assure the availability of such exemptions, including a representation that
Optionee is acquiring the Shares for investment and not with a present intention
of selling or otherwise disposing such Shares and agreements by the Optionee
that the Shares may be transferred only in compliance with applicable federal
and state securities laws and that the certificates evidencing the Shares shall
bear a legend indicating such non-registration under the Act and the resulting
restrictions on transfer. Optionee acknowledges that, because Shares received
upon exercise of an Option may be unregistered, Optionee may be required to hold
the Shares indefinitely unless they are subsequently registered for resale under
the Act or an exemption from such registration is available.

                  (c) Optionee represents and warrants that he either (i) has a
pre-existing business or personal relationship with the Company or any of its
officers, directors or principal shareholders, or (ii) has a business or
financial experience either alone or with such Optionee's investor
representative sufficient to have the capacity to protect such Optionee's
interest in connection with the acquisition of the Option and, upon exercise
thereof, Shares.

         7. LIMITATION OF COMPANY'S LIABILITY FOR NONISSUANCE. During the term
of the Agreement, the Company agrees at all times to reserve and keep available,
and to use its reasonable best efforts to obtain from any regulatory body having
jurisdiction any requisite authority in order to issue and sell, such number of
shares of its Common Stock as shall be sufficient to satisfy its obligations
hereunder. Inability of the Company to obtain, from any regulatory body having
jurisdiction, authority deemed by the Company's counsel to be necessary for the
lawful issuance and sale of any shares of its Common Stock hereunder and under
the Plan shall relieve the Company of any liability in respect of the
nonissuance or sale of such shares as to which such requisite authority shall
not have been obtained.

          8. RESTRICTIVE LEGENDS. Optionee hereby acknowledges that federal
securities laws and the securities laws of the state in which he or she resides
may require the placement of certain restrictive legends upon the Shares issued
upon exercise of this Option, and Optionee hereby consents to the placing of any
such legends upon certificates evidencing the Shares as the Company, or its
counsel, may deem necessary.

                                       4
<PAGE>

         9. ADJUSTMENTS UPON CHANGES IN CAPITAL STRUCTURE, MERGER, ETC.

                  (a) In the event of any changes in the outstanding shares of
Common Stock of the Company resulting from a stock split, reverse stock split,
stock dividend, reclassification or similar change in the capital structure of
the Company, appropriate adjustments shall be made to the number and kind of
Shares subject to this Option and to the Exercise Price per Share, in accordance
with the provisions of Section 10.1 of the Plan.

                  (b) In the event of a merger, consolidation or other
reorganization in which the Company is not the surviving corporation, or
although it is the surviving corporation, the holders of its voting shares
immediately prior to such transaction will own less than 50% of the Company's
voting shares after the consummation of such transaction, ("Change in Control")
this Option, if not already exercisable, shall concurrent with and conditioned
upon the effective date of the proposed transaction, be accelerated and the
Optionee shall have the right to exercise the Option in respect to any or all of
the Shares on the effective date of the transaction after which this Option
shall terminate unless a successor corporation assumes this Option, provides
substantially similar consideration to Optionee as was provided to the
shareholders of the Company, or substitutes substantially equivalent options of
the successor corporation with appropriate adjustments as to the number and kind
of shares and the Exercise Price, in accordance with the Plan. In the event of a
Change in Control the Committee shall cause written notice of the proposed
transaction to be given to the Optionee not less than fifteen (15) days prior to
the anticipated effective date of the proposed transaction.

         10. NO CONSULTING CONTRACT CREATED. Nothing in this Agreement shall be
construed to constitute or be evidence of any right with respect to continuance
of consulting for the Company or any subsidiary or parent of the Company, or to
limit in any way the right of the Company or any subsidiary or parent of the
Company to terminate Optionee's consulting agreement at any time, with or
without cause.

         11. NO RIGHTS AS SHAREHOLDER. The Optionee (or a Successor pursuant to
Section 5 hereof) shall have no rights as a shareholder with respect to any
Shares covered by this Option until the date of the issuance of a stock
certificate or certificates to him or her for such Shares, notwithstanding the
exercise of this Option.

         12. NOTICES. Any notice, demand or request required or permitted to be
given under this Agreement shall be in writing and shall be deemed given when
delivered personally or three (3) days after being deposited in the United
States mail, as certified or registered mail, with postage prepaid, and
addressed, if to the Company, at its principal place of business, Attention: the
Chief Financial Officer, and if to the Optionee, at his or her most recent
address as shown in the employment or stock records of the Company.

         13. GOVERNING LAW. The validity, construction, interpretation, and
effect of this Option shall be governed by and determined in accordance with the
laws of the State of California.

                                       5
<PAGE>

         14. SEVERABILITY. Should any provision or portion of this Agreement be
held to be unenforceable or invalid for any reason, the remaining provisions and
portions of this Agreement shall be unaffected by such holding.

         15. COUNTERPARTS. This Agreement may be executed in two or more
counterparts, each of which shall be deemed an original and all of which
together shall be deemed one instrument.

         16. CALIFORNIA CORPORATE SECURITIES LAW. The grant of the Option and
the sale of the shares that are the subject of this Agreement have not been
qualified with the Commissioner of Corporations of the State of California and
the grant of the Option, and the issuance of such shares or the payment or
receipt of any part of the consideration therefor, prior to such qualification
is unlawful, unless the sale of such shares is exempt from such qualification by
Section 25100, 25102 or 25105 of the California Corporate Securities Law of
1968, as amended. The rights of all parties to this Agreement are expressly
conditioned upon such qualification being obtained, unless the sale is so
exempt.

         IN WITNESS WHEREOF, the parties have executed this Agreement as of the
date first above written.

                                          TECHNICLONE  CORPORATION

                                          By:  _______________________________

                                          Title: _____________________________

         The Optionee hereby accepts this Option subject to all the terms and
provisions hereof. The Optionee hereby agrees to accept as binding, conclusive
and final all decisions or interpretations of the Committee upon any questions
arising under this Agreement. The Optionee authorizes the Company to withhold in
accordance with applicable law from any compensation payable to him or her any
taxes required to be withheld by federal, state or local law as a result of the
exercise of this Option.

                                          "OPTIONEE"

                                          ____________________________________
                                          Name

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