Document:

AURIGA
      LABORATORIES, INC.

    2006
      Stock Option Plan

    NOTICE
      OF AMENDED STOCK OPTION GRANT

     

    Grantee:
      Chuck Bearchell

    

    On
      November 8, 2006, you were previously granted an option to purchase 750,000
      shares of common stock; this grant hereby replaces, terminates, and amends
      this
      prior grant. You are now granted an option to purchase Common Stock
      (“Common
      Stock”)
      of
      Auriga Laboratories, Inc. (the “Company”)
      as
      follows:

     

    
      	
              Option
                Amendment Date

            	
              September
                1, 2007

            
	 	 
	
              Prior
                Board Approval Date:

            	
              11/8/2006

            
	 	 
	
              Prior
                Date of Grant:

            	
              11/8/2006

            
	 	 
	
              Prior
                Vesting Commencement Date:

            	
              11/8/2006

            
	 	 
	
              Exercise
                Price Per Share:

            	
              1.26

            
	 	 
	
              Total
                Number of Shares Granted:

            	
              50,000

            
	 	 
	
              Type
                of Option:

            	
              NON-STATUTORY
                STOCK OPTION

            
	 	 
	
              Term/Expiration
                Date:

            	
              11/8/2016

            
	 	 
	
              Vesting
                Schedule:

            	
              All
                shares subject to the option are hereby fully vested.

            
	 	 
	
              Termination
                Period: 

            	
              This
                Option may be exercised for three months after termination of employment
                or consulting relationship except as set out in Sections 6 and 7
                of the
                Stock Option Agreement (but in no event later than the Expiration
                Date).

            

    

     

    By
      your
      signature and the signature of the Company’s representative below, you and the
      Company agree that this option is granted under and governed by the terms and
      conditions of the 2006 STOCK OPTION PLAN and the Stock Option Agreement, both
      of
      which are attached and made a part of this document.

    
      	 	 	 	 
	
              GRANTEE

            	 	 	
              AURIGA
                LABORATORIES, INC.

            
	 	 	 	 
	
              /s/
                Charles R. Bearchell

            	 	 	By: /s/
              Philip S. Pesin
	
              

              Signature

            	 	 	
              
                

              

              Name:
                Philip
                S. Pesin 

              Title:
                Chief
                Executive Officer 

            
	 	 	 	 
	
              Charles
                R. Bearchell

            	 	 	 
	
              
                
Print
                Name

            	 	 	 

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    AURIGA
      LABORATORIES, INC.

    2006
      STOCK OPTION PLAN

    STOCK
      OPTION AGREEMENT

     

    1. Grant
      of Option.
      Auriga
      Laboratories, Inc., a Delaware corporation (the “Company”),
      hereby grants to GRANTEE (“Optionee”)
      an
      option (the “Option”)
      to
      purchase a total number of shares of Common Stock (the “Shares”)
      set
      forth in the Notice of Stock Option Grant, at the exercise price per share
      set
      forth in the Notice of Stock Option Grant (the “Exercise
      Price”)
      subject to the terms, definitions and provisions of the Auriga Laboratories,
      Inc. 2006 Stock Option Plan (the “Plan”)
      adopted by the Company, which is incorporated herein by reference. Unless
      otherwise defined herein, the terms defined in the Plan shall have the same
      defined meanings in this Option.

     

    If
      designated an Incentive Stock Option, this Option is intended to qualify as
      an
      Incentive Stock Option as defined in Section 422 of the Code.

     

    2. Exercise
      of Option.
      This
      Option shall be exercisable during its Term in accordance with the Vesting
      Schedule set out in the Notice of Stock Option Grant and with the provisions
      of
      Sections 7 and 8 of the Plan as follows:

     

    (a) Right
      to Exercise.

     

    (i) This
      Option may be exercised in whole or in part at any time after the Date of Grant,
      as to Shares which have not yet vested under the vesting schedule indicated
      on
      the Notice of Stock Option Grant; provided, however, that Optionee shall execute
      as a condition to such exercise of this Option, the Early Exercise Notice and
      Restricted Stock Purchase Agreement attached hereto as Exhibit
      A
      (the
“Early
      Exercise Agreement”).
      If
      Optionee chooses to exercise this Option solely as to Shares which have vested
      under the vesting schedule indicated on the Notice of Stock Option Grant,
      Optionee shall complete and execute the form of Exercise Notice and Restricted
      Stock Purchase Agreement attached hereto as Exhibit
      B (the
      “Exercise
      Agreement”).
      Notwithstanding the foregoing, the Company may in its discretion prescribe
      or
      accept a different form of notice of exercise and/or stock purchase agreement
      if
      such forms are otherwise consistent with this Agreement, the Plan and
      then-applicable law. 

     

    (ii) This
      Option may not be exercised for a fraction of a share.

     

    (iii) In
      the
      event of Optionee’s death, disability or other termination of employment or
      consulting relationship, the exercisability of the Option is governed by
      Sections 5, 6 and 7 below, subject to the limitation contained in Section
      2(a)(iv) below.

     

    (iv) In
      no
      event may this Option be exercised after the Expiration Date of this Option
      as
      set forth in the Notice of Stock Option Grant.

     

    (b) Method
      of Exercise.
      This
      Option shall be exercisable by execution and delivery of the Early Exercise
      Agreement or the Exercise Agreement, whichever is applicable, or of any other
      written notice approved for such purpose by the Company which shall state the
      election to exercise the Option, the number of Shares in respect of which the
      Option is being exercised, and such other representations and agreements as
      to
      the holder’s investment intent with respect to such shares of Common Stock as
      may be required by the Company pursuant to the provisions of the Plan. Such
      written notice shall be signed by Optionee and shall be delivered in person
      or
      by certified mail to the Secretary of the Company. Subject to Section 2(c)
      below, the written notice shall be accompanied by payment of the Exercise Price.
      This Option shall be deemed to be exercised upon receipt by the Company of
      such
      written notice accompanied by the Exercise Price.

     

    No
      Shares
      will be issued pursuant to the exercise of an Option unless such issuance and
      such exercise shall comply with all relevant provisions of applicable law,
      including the requirements of any stock exchange upon which the Shares may
      then
      be listed. Assuming such compliance, for income tax purposes the Shares shall
      be
      considered transferred to Optionee on the date on which the Option is exercised
      with respect to such Shares.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    (c) Net
      Issue Exercise.

     

    (i) In
      lieu
      of exercising this Option in the manner provided above in Section 2(b), the
      Optionee may elect to receive shares equal to the value of this Option (or
      the
      portion thereof being canceled) by surrender of this Option at the principal
      office of the Company together with the Early Exercise Agreement or Exercise
      Agreement, as the case may be, duly executed by such Optionee, in which event
      the Company shall issue to holder a number of shares of Common Stock computed
      using the following formula:

    

    X
      =
 Y
      (A -
      B)

    A

    Where  X
      = The
      number of shares of Common Stock to be issued to the Optionee.

    

    Y
      = The
      number of shares of Common Stock purchasable under this Option (at the date
      of
      such calculation).

    

    A
      = The
      Fair Market Value of one share of Common Stock (at the date of such
      calculation).

    

    B
      = The
      Purchase Price (as adjusted to the date of such calculation).

    

    3. Method
      of Payment.
      Payment
      of the Exercise Price shall be by cash, check, or any other form approved by
      the
      Company), or any other method permitted under the Plan; provided however that
      the Administrator may refuse to allow Optionee to tender a particular form
      of
      payment (other than cash or check) if, in the Administrator’s sole discretion,
      acceptance of such form of consideration would not be in the best interests
      of
      the Company at such time.

     

    4. Restrictions
      on Exercise.
      This
      Option may not be exercised until such time as the Plan has been approved by
      the
      shareholders of the Company, or if the issuance of such Shares upon such
      exercise or the method of payment of consideration for such shares would
      constitute a violation of any applicable federal or state securities or other
      law or regulation, including any rule under Part 207 of Title 12 of the Code
      of
      Federal Regulations as promulgated by the Federal Reserve Board. As a condition
      to the exercise of this Option, the Company may require Optionee to make any
      representation and warranty to the Company as may be required by any applicable
      law or regulation.

     

    5. Termination
      of Relationship.
      In the
      event of termination of Optionee’s Continuous Status as an Employee or
      Consultant, Optionee may, to the extent otherwise so entitled at the date of
      such termination (the “Termination
      Date”),
      exercise this Option during the Termination Period set forth in the Notice
      of
      Stock Option Grant. To the extent that Optionee was not entitled to exercise
      this Option at such Termination Date, or if Optionee does not exercise this
      Option within the Termination Period, the Option shall terminate.

     

    6. Disability
      of Optionee.

     

    (a) Notwithstanding
      the provisions of Section 5 above, in the event of termination of Optionee’s
      Continuous Status as an Employee or Consultant as a result of his or her total
      and permanent disability (as defined in Section 22(e)(3) of the Code), Optionee
      may, but only within twelve months from the Termination Date (but in no event
      later than the Expiration Date set forth in the Notice of Stock Option Grant
      and
      in Section 9 below), exercise this Option to the extent he or she was entitled
      to exercise it at such Termination Date. To the extent that Optionee was not
      entitled to exercise the Option on the Termination Date, or if Optionee does
      not
      exercise such Option to the extent so entitled within the time specified in
      this
      Section 6(a), the Option shall terminate.

     

    (b) Notwithstanding
      the provisions of Section 5 above, in the event of termination of Optionee’s
      consulting relationship or Continuous Status as an Employee as a result of
      a
      disability not constituting a total and permanent disability (as set forth
      in
      Section 22(e)(3) of the Code), Optionee may, but only within six months from
      the
      Termination Date (but in no event later than the Expiration Date set forth
      in
      the Notice of Stock Option Grant and in Section 9 below), exercise the Option
      to
      the extent Optionee was entitled to exercise it as of such Termination Date;
      provided, however, that if this is an Incentive Stock Option and Optionee fails
      to exercise this Incentive Stock Option within three months from the Termination
      Date, this Option will cease to qualify as an Incentive Stock Option (as defined
      in Section 422 of the Code) and Optionee will be treated for federal income
      tax
      purposes as having received ordinary income at the time of such exercise in
      an
      amount generally measured by the difference between the Exercise Price for
      the
      Shares and the Fair Market Value of the Shares on the date of exercise. To
      the
      extent that Optionee was not entitled to exercise the Option at the Termination
      Date, or if Optionee does not exercise such Option to the extent so entitled
      within the time specified in this Section 6(b), the Option shall
      terminate.

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    7. Death
      of Optionee.
      In the
      event of the death of Optionee (a) during the Term of this Option and while
      an
      Employee or Consultant of the Company and having been in Continuous Status
      as an
      Employee or Consultant since the date of grant of the Option, or (b) within
      30
      days after Optionee’s Termination Date, the Option may be exercised at any time
      within six months following the date of death (but in no event later than the
      Expiration Date set forth in the Notice of Stock Option Grant and in Section
      9
      below), by Optionee’s estate or by a person who acquired the right to exercise
      the Option by bequest or inheritance, but only to the extent of the right to
      exercise that had accrued at the Termination Date.

     

    8. Non-Transferability
      of Option.
      This
      Option may not be transferred in any manner otherwise than by will or by the
      laws of descent or distribution and may be exercised during the lifetime of
      Optionee only by him or her. The terms of this Option shall be binding upon
      the
      executors, administrators, heirs, successors and assigns of
      Optionee.

     

    9. Term
      of Option.
      This
      Option may be exercised only within the Term set forth in the Notice of Stock
      Option Grant, subject to the limitations set forth in Section 6 of the
      Plan.

     

    10. Tax
      Consequences.
      Set
      forth below is a brief summary as of the date of this Option of certain of
      the
      federal and state tax consequences of exercise of this Option and disposition
      of
      the Shares under the laws in effect as of the Date of Grant. THIS SUMMARY IS
      NECESSARILY INCOMPLETE, AND THE TAX LAWS AND REGULATIONS ARE SUBJECT TO CHANGE.
      OPTIONEE SHOULD CONSULT A TAX ADVISER BEFORE EXERCISING THIS OPTION OR DISPOSING
      OF THE SHARES.

     

    (a) Exercise
      of Incentive Stock Option.
      If this
      Option qualifies as an Incentive Stock Option, there will be no regular federal
      or state income tax liability upon the exercise of the Option, although the
      excess, if any, of the Fair Market Value of the Shares on the date of exercise
      over the Exercise Price will be treated as an adjustment to the alternative
      minimum tax for federal tax purposes and may subject Optionee to the alternative
      minimum tax in the year of exercise.

     

    (b) Exercise
      of Nonstatutory Stock Option.
      If this
      Option does not qualify as an Incentive Stock Option, there may be a regular
      federal income tax liability and a state income tax liability upon the exercise
      of the Option. Optionee will be treated as having received compensation income
      (taxable at ordinary income tax rates) equal to the excess, if any, of the
      fair
      market value of the Shares on the date of exercise over the Exercise Price.
      If
      Optionee is a current or former employee, the Company may be required to
      withhold from Optionee’s compensation or collect from Optionee and pay to the
      applicable taxing authorities an amount equal to a percentage of this
      compensation income at the time of exercise.

     

    (c) Disposition
      of Shares.
      In the
      case of a Nonstatutory Stock Option, if Shares are held for more than one year,
      any gain realized on disposition of the Shares will be treated as long-term
      capital gain for federal and state income tax purposes. In the case of an
      Incentive Stock Option, if Shares transferred pursuant to the Option are held
      for more than one year after exercise and are disposed of at least two years
      after the Date of Grant, any gain realized on disposition of the Shares will
      also be treated as long-term capital gain for federal and state income tax
      purposes. In either case, the long-term capital gain will be taxed for federal
      income tax and alternative minimum tax purposes at a maximum rate of 20% if
      the
      Shares are held more than one year after exercise. If Shares purchased under
      an
      Incentive Stock Option are disposed of within one year after exercise or within
      two years after the Date of Grant, any gain realized on such disposition will
      be
      treated as compensation income (taxable at ordinary income rates) to the extent
      of the difference between the Exercise Price and the lesser of (i) the Fair
      Market Value of the Shares on the date of exercise, or (ii) the sale price
      of
      the Shares.

     

    
      
        
        

      

      
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    (d) Notice
      of Disqualifying Disposition of Incentive Stock Option
      Shares.
      If the
      Option granted to Optionee herein is an Incentive Stock Option, and if Optionee
      sells or otherwise disposes of any of the Shares acquired pursuant to the
      Incentive Stock Option on or before the later of (i) the date two years after
      the Date of Grant, or (ii) the date one year after the date of exercise,
      Optionee shall immediately notify the Company in writing of such disposition.
      Optionee acknowledges and agrees that he or she may be subject to income tax
      withholding by the Company on the compensation income recognized by Optionee
      from the early disposition by payment in cash or out of the current earnings
      paid to Optionee.

     

    11. Withholding
      Tax Obligations.

     

    (a) General
      Withholding Obligations.
      As a
      condition to the exercise of Option granted hereunder, Optionee shall make
      such
      arrangements as the Administrator may require for the satisfaction of any
      federal, state, local or foreign withholding tax obligations that may arise
      in
      connection with the exercise, receipt or vesting of the Option. The Company
      shall not be required to issue any Shares under the Plan until such obligations
      are satisfied. Optionee understands that, upon exercising a Nonstatutory Stock
      Option, he or she will recognize income for tax purposes in an amount equal
      to
      the excess of the then Fair Market Value of the Shares over the Exercise Price.
      If Optionee is an employee, the Company will be required to withhold from
      Optionee’s compensation, or collect from Optionee and pay to the applicable
      taxing authorities an amount equal to a percentage of this compensation income.
      Additionally, Optionee may at some point be required to satisfy tax withholding
      obligations with respect to the disqualifying disposition of an Incentive Stock
      Option. Optionee shall satisfy his or her tax withholding obligation arising
      upon the exercise of this Option by one or some combination of the following
      methods: (i) by cash or check payment, (ii) out of Optionee’s current
      compensation, (iii) if permitted by the Administrator, in its discretion, by
      surrendering to the Company Shares which (A) in the case of Shares previously
      acquired from the Company, have been owned by Optionee for more than six months
      on the date of surrender, and (B) have a Fair Market Value determined as of
      the
      applicable Tax Date (as defined in Section 11(c) below) on the date of surrender
      equal to the amount required to be withheld, or (iv) by electing to have the
      Company withhold from the Shares to be issued upon exercise of the Option,
      or
      the Shares to be issued in connection with the Stock Purchase Right, if any,
      that number of Shares having a Fair Market Value determined as of the applicable
      Tax Date equal to the amount required to be withheld.

     

    (b) Stock
      Withholding to Satisfy Withholding Tax Obligations.
      In the
      event the Administrator allows Optionee to satisfy his or her tax withholding
      obligations as provided in Section 11(a)(iii) or (iv) above, such satisfaction
      must comply with the requirements of this Section (11)(b) and all applicable
      laws. All elections by Optionee to have Shares withheld to satisfy tax
      withholding obligations shall be made in writing in a form acceptable to the
      Administrator and shall be subject to the following restrictions:

     

    (i) the
      election must be made on or prior to the applicable Tax Date (as defined in
      Section 11(c) below);

     

    (ii) once
      made, the election shall be irrevocable as to the particular Shares of the
      Option as to which the election is made; and

     

    (iii) all
      elections shall be subject to the consent or disapproval of the
      Administrator.

     

    In
      the
      event the election to have Shares withheld is made by Optionee and the Tax
      Date
      is deferred under Section 83 of the Code because no election is filed under
      Section 83(b) of the Code, Optionee shall receive the full number of Shares
      with
      respect to which the Option is exercised but Optionee shall be unconditionally
      obligated to tender back to the Company the proper number of Shares on the
      Tax
      Date.

     

    (c) Definitions.
      For
      purposes of this Section 11, the Fair Market Value of the Shares to be withheld
      shall be determined on the date that the amount of tax to be withheld is to
      be
      determined under the Applicable Laws (the “Tax
      Date”). 

     

    
      
        
        

      

      
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    12. Market
      Standoff Agreement.
      In
      connection with the initial public offering of the Company’s securities and upon
      request of the Company or the underwriters managing such underwritten offering
      of the Company’s securities, Optionee agrees not to sell, make any short sale
      of, loan, grant any option for the purchase of, or otherwise dispose of any
      securities of the Company (other than those included in the registration)
      without the prior written consent of the Company or such underwriters, as the
      case may be, for such period of time (not to exceed 180 days) from the effective
      date of such registration as may be requested by the Company or such managing
      underwriters and to execute an agreement reflecting the foregoing as may be
      requested by the underwriters at the time of the Company’s initial public
      offering.

     

    [Signature
      Page Follows]

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

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

    
      	 	 	 
	 	
              AURIGA
                LABORATORIES, INC.

            
	 
 	 
 	 
 
	
            	By:  	/s/
              Philip S. Pesin
	 	
              
Name:
Philip
              S. Pesin 
              Title:
                Chief
                Executive Officer 

            

    

     

    OPTIONEE
      ACKNOWLEDGES AND AGREES THAT THE VESTING OF SHARES PURSUANT TO THE OPTION HEREOF
      IS EARNED ONLY BY CONTINUING CONSULTANCY OR EMPLOYMENT AT THE WILL OF THE
      COMPANY (NOT THROUGH THE ACT OF BEING HIRED, BEING GRANTED THIS OPTION OR
      ACQUIRING SHARES HEREUNDER). OPTIONEE FURTHER ACKNOWLEDGES AND AGREES THAT
      NOTHING IN THIS AGREEMENT, NOR IN THE COMPANY’S STOCK OPTION PLAN WHICH IS
      INCORPORATED HEREIN BY REFERENCE, SHALL CONFER UPON OPTIONEE ANY RIGHT WITH
      RESPECT TO CONTINUATION OF EMPLOYMENT OR CONSULTANCY BY THE COMPANY, NOR SHALL
      IT INTERFERE IN ANY WAY WITH OPTIONEE’S RIGHT OR THE COMPANY’S RIGHT TO
      TERMINATE OPTIONEE’S EMPLOYMENT OR CONSULTANCY AT ANY TIME, WITH OR WITHOUT
      CAUSE.

     

    Optionee
      acknowledges receipt of a copy of the Plan and represents that he or she is
      familiar with the terms and provisions thereof, and hereby accepts this Option
      subject to all of the terms and provisions thereof. Optionee has reviewed the
      Plan and this Option in their entirety, has had an opportunity to obtain the
      advice of counsel prior to executing this Option and fully understands all
      provisions of the Option. Optionee hereby agrees to accept as binding,
      conclusive and final all decisions or interpretations of the Administrator
      upon
      any questions arising under the Plan or this Option.

     

    
      	 	 	 
	Dated:
              August
              27, 2007	        	/s/
              Charles R. Bearchell
	 	
              

              Signature-
                Chuck Bearchell

            

    

    

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

      

    EXHIBIT
      A

     

    AURIGA
      LABORATORIES, INC.

     

    2006
      Stock Option Plan

    EARLY
      EXERCISE NOTICE AND RESTRICTED STOCK PURCHASE
      AGREEMENT

     

    This
      Agreement (“Agreement”)
      is
      made as of __________________________, by and between Auriga Laboratories,
      Inc.,
      a Delaware corporation (the “Company”),
      and
      __________________________________ (“Purchaser”).
      To
      the extent any capitalized terms used in this Agreement are not defined, they
      shall have the meaning ascribed to them in the 2006 Stock Option
      Plan.

     

    1. Exercise
      of Option.
      Subject
      to the terms and conditions hereof, Purchaser hereby elects to exercise his
      or
      her option to purchase _________________ shares of the Common Stock (the
“Shares”)
      of the
      Company under and pursuant to the Company’s 2006 Stock Option Plan (the
“Plan”)
      and
      the Stock Option Agreement dated _________________ (the “Option
      Agreement”).
      Of
      these Shares, Purchaser has elected to purchase _________________
      of
      those
      Shares which have become vested as of the date hereof under the Vesting Schedule
      set forth in the Notice of Stock Option Grant (the “Vested
      Shares”)
      and
      ____________ Shares which have not yet vested under such Vesting Schedule (the
      “Unvested
      Shares”).
      The
      purchase price for the Shares shall be $____________ per Share for a total
      purchase price of $_______________, which amount shall be paid for by a check
      in
      the amount of $____________. The term “Shares”
refers
      to the purchased Shares and all securities received in replacement of the Shares
      or as stock dividends or splits, all securities received in replacement of
      the
      Shares in a recapitalization, merger, reorganization, exchange or the like,
      and
      all new, substituted or additional securities or other properties to which
      Purchaser is entitled by reason of Purchaser’s ownership of the
      Shares.

     

    2. Time
      and Place of Exercise.
      The
      purchase and sale of the Shares under this Agreement shall occur at the
      principal office of the Company simultaneously with the execution and delivery
      of this Agreement in accordance with the provisions of Section 2(b) of the
      Option Agreement. On such date, the Company will deliver to Purchaser a
      certificate representing the Shares to be purchased by Purchaser (which shall
      be
      issued in Purchaser’s name) against payment of the purchase price therefor by
      Purchaser by (a) check made payable to the Company, (b) cancellation of
      indebtedness of the Company to Purchaser, (c) delivery of shares of the Common
      Stock of the Company in accordance with Section 3 of the Option Agreement,
      or
      (d) a combination of the foregoing.

     

    3. Limitations
      on Transfer.
      In
      addition to any other limitation on transfer created by applicable securities
      laws, Purchaser shall not assign, encumber or dispose of any interest in the
      Shares while the Shares are subject to the Company’s Repurchase Option (as
      defined below). After any Shares have been released from such Repurchase Option,
      Purchaser shall not assign, encumber or dispose of any interest in such Shares
      except in compliance with the provisions below and applicable securities
      laws.

     

    (a) Repurchase
      Option.

     

    (i) In
      the
      event of the voluntary or involuntary termination of Purchaser’s employment or
      consulting relationship with the Company for any reason (including death or
      disability), with or without cause, the Company shall upon the date of such
      termination (the “Termination
      Date”)
      have
      an irrevocable, exclusive option (the “Repurchase
      Option”)
      for a
      period of 90 days from such date to repurchase all or any portion of the Shares
      held by Purchaser as of the Termination Date which have not yet been released
      from the Company’s Repurchase Option at the original purchase price per Share
      specified in Section 1 (adjusted for any stock splits, stock dividends and
      the
      like).

     

    (ii) Unless
      the Company notifies Purchaser within 90 days from the date of termination
      of
      Purchaser’s employment or consulting relationship that it does not intend to
      exercise its Repurchase Option with respect to some or all of the Shares, the
      Repurchase Option shall be deemed automatically exercised by the Company as
      of
      the 90th day following such termination, provided that the Company may notify
      Purchaser that it is exercising its Repurchase Option as of a date prior to
      such
      90th day. Unless Purchaser is otherwise notified by the Company pursuant to
      the
      preceding sentence that the Company does not intend to exercise its Repurchase
      Option as to some or all of the Shares to which it applies at the time of
      termination, execution of this Agreement by Purchaser constitutes written notice
      to Purchaser of the Company’s intention to exercise its Repurchase Option with
      respect to all Shares to which such Repurchase Option applies. The Company,
      at
      its choice, may satisfy its payment obligation to Purchaser with respect to
      exercise of the Repurchase Option by either (A) delivering a check to Purchaser
      in the amount of the purchase price for the Shares being repurchased, or (B)
      in
      the event Purchaser is indebted to the Company, canceling an amount of such
      indebtedness equal to the purchase price for the Shares being repurchased,
      or
      (C) by a combination of (A) and (B) so that the combined payment and
      cancellation of indebtedness equals such purchase price. In the event of any
      deemed automatic exercise of the Repurchase Option pursuant to this Section
      3(a)(ii) in which Purchaser is indebted to the Company, such indebtedness equal
      to the purchase price of the Shares being repurchased shall be deemed
      automatically canceled as of the 90th day following termination of Purchaser’s
      employment or consulting relationship unless the Company otherwise satisfies
      its
      payment obligations. As a result of any repurchase of Shares pursuant to this
      Section 3(a), the Company shall become the legal and beneficial owner of the
      Shares being repurchased and shall have all rights and interest therein or
      related thereto, and the Company shall have the right to transfer to its own
      name the number of Shares being repurchased by the Company, without further
      action by Purchaser.

     

    
      
        
        

      

      
        A-1

        
          

        

      

      
        
        

      

    

     

    (iii) One
      hundred percent (100%) of the Shares shall initially be subject to the
      Repurchase Option. The Unvested Shares shall be released from the Repurchase
      Option in accordance with the Vesting Schedule set forth in the Notice of Stock
      Option Grant until all Shares are released from the Repurchase Option.
      Fractional shares shall be rounded to the nearest whole share.

     

    (b) Right
      of First Refusal.
      Before
      any Shares held by Purchaser or any transferee of Purchaser (either being
      sometimes referred to herein as the “Holder”)
      may be
      sold or otherwise transferred (including transfer by gift or operation of law),
      the Company or its assignee(s) shall have a right of first refusal to purchase
      the Shares on the terms and conditions set forth in this Section 3(b) (the
      “Right
      of First Refusal”).

     

    (i) Notice
      of Proposed Transfer.
      The
      Holder of the Shares shall deliver to the Company a written notice (the
“Notice”)
      stating: (i) the Holder’s bona fide intention to sell or otherwise transfer such
      Shares; (ii) the name of each proposed purchaser or other transferee
      (“Proposed
      Transferee”);
      (iii)
      the number of Shares to be transferred to each Proposed Transferee; and (iv)
      the
      terms and conditions of each proposed sale or transfer. The Holder shall offer
      the Shares at the same price (the “Offered
      Price”)
      and
      upon the same terms (or terms as similar as reasonably possible) to the Company
      or its assignee(s).

     

    (ii) Exercise
      of Right of First Refusal.
      At any
      time within 30 days after receipt of the Notice, the Company and/or its
      assignee(s) may, by giving written notice to the Holder, elect to purchase
      all,
      but not less than all, of the Shares proposed to be transferred to any one
      or
      more of the Proposed Transferees, at the purchase price determined in accordance
      with subsection (iii) below.

     

    (iii) Purchase
      Price.
      The
      purchase price (“Purchase
      Price”)
      for
      the Shares purchased by the Company or its assignee(s) under this Section 3(b)
      shall be the Offered Price. If the Offered Price includes consideration other
      than cash, the cash equivalent value of the non-cash consideration shall be
      determined by the Board of Directors of the Company in good faith.

     

    (iv) Payment.
      Payment
      of the Purchase Price shall be made, at the option of the Company or its
      assignee(s), in cash (by check), by cancellation of all or a portion of any
      outstanding indebtedness of the Holder to the Company (or, in the case of
      repurchase by an assignee, to the assignee), by net exercise pursuant to Section
      2(c) of the Option Agreement, or by any combination thereof within 30 days
      after
      receipt of the Notice or in the manner and at the times set forth in the
      Notice.

     

    (v) Holder’s
      Right to Transfer.
      If all
      of the Shares proposed in the Notice to be transferred to a given Proposed
      Transferee are not purchased by the Company and/or its assignee(s) as provided
      in this Section 3(b), then the Holder may sell or otherwise transfer such Shares
      to that Proposed Transferee at the Offered Price or at a higher price, provided
      that such sale or other transfer is consummated within 60 days after the date
      of
      the Notice and provided further that any such sale or other transfer is effected
      in accordance with any applicable securities laws and the Proposed Transferee
      agrees in writing that the provisions of this Section 3 shall continue to apply
      to the Shares in the hands of such Proposed Transferee. If the Shares described
      in the Notice are not transferred to the Proposed Transferee within such period,
      or if the Holder proposes to change the price or other terms to make them more
      favorable to the Proposed Transferee, a new Notice shall be given to the
      Company, and the Company and/or its assignees shall again be offered the Right
      of First Refusal before any Shares held by the Holder may be sold or otherwise
      transferred.

     

    
      
        
        

      

      
        A-2

        
          

        

      

      
        
        

      

    

     

    (vi) Exception
      for Certain Family Transfers.
      Anything to the contrary contained in this Section 3(b) notwithstanding, the
      transfer of any or all of the Shares during Purchaser’s lifetime or on
      Purchaser’s death by will or intestacy to Purchaser’s Immediate Family (as
      defined below) or a trust for the benefit of Purchaser’s Immediate Family shall
      be exempt from the provisions of this Section 3(b). “Immediate
      Family”
as
      used
      herein shall mean spouse, lineal descendant or antecedent, father, mother,
      brother or sister. In such case, the transferee or other recipient shall receive
      and hold the Shares so transferred subject to the provisions of this Section,
      and there shall be no further transfer of such Shares except in accordance
      with
      the terms of this Section 3.

     

    (c) Involuntary
      Transfer.

     

    (i) Company’s
      Right to Purchase upon Involuntary Transfer.
      In the
      event, at any time after the date of this Agreement, of any transfer by
      operation of law or other involuntary transfer (including divorce or death,
      but
      excluding, in the event of death, a transfer to Immediate Family as set forth
      in
      Section 3(b)(vi) above) of all or a portion of the Shares by the record holder
      thereof, the Company shall have the right to purchase all of the Shares
      transferred at the greater of the purchase price paid by Purchaser pursuant
      to
      this Agreement or the Fair Market Value of the Shares on the date of transfer.
      Upon such a transfer, the person acquiring the Shares shall promptly notify
      the
      Secretary of the Company of such transfer. The right to purchase such Shares
      shall be provided to the Company for a period of 30 days following receipt
      by
      the Company of written notice by the person acquiring the Shares.

     

    (ii) Price
      for Involuntary Transfer.
      With
      respect to any stock to be transferred pursuant to Section 3(c)(i), the price
      per Share shall be a price set by the Board of Directors of the Company that
      will reflect the current value of the stock in terms of present earnings and
      future prospects of the Company. The Company shall notify Purchaser or his
      or
      her executor of the price so determined within 30 days after receipt by it
      of
      written notice of the transfer or proposed transfer of Shares. However, if
      the
      Purchaser does not agree with the valuation as determined by the Board of
      Directors of the Company, the Purchaser shall be entitled to have the valuation
      determined by an independent appraiser to be mutually agreed upon by the Company
      and the Purchaser and whose fees shall be borne equally by the Company and
      the
      Purchaser.

     

    (d) Assignment.
      The
      right of the Company to purchase any part of the Shares may be assigned in
      whole
      or in part to any shareholder or shareholders of the Company or other persons
      or
      organizations.

     

    (e) Restrictions
      Binding on Transferees.
      All
      transferees of Shares or any interest therein will receive and hold such Shares
      or interest subject to the provisions of this Agreement, including, insofar
      as
      applicable, the Repurchase Option. In the event of any purchase by the Company
      hereunder where the Shares or interest are held by a transferee, the transferee
      shall be obligated, if requested by the Company, to transfer the Shares or
      interest to the Purchaser for consideration equal to the amount to be paid
      by
      the Company hereunder. In the event the Repurchase Option is deemed exercised
      by
      the Company pursuant to Section 3(a)(ii) hereof, the Company may deem any
      transferee to have transferred the Shares or interest to Purchaser prior to
      their purchase by the Company, and payment of the purchase price by the Company
      to such transferee shall be deemed to satisfy Purchaser’s obligation to pay such
      transferee for such Shares or interest, and also to satisfy the Company’s
      obligation to pay Purchaser for such Shares or interest. Any sale or transfer
      of
      the Shares shall be void unless the provisions of this Agreement are
      satisfied.

     

    (f) Termination
      of Rights.
      The
      Right of First Refusal and the Company’s right to repurchase the Shares in the
      event of an involuntary transfer pursuant to Section 3(c) above shall terminate
      upon the listing of Common Stock of the Company on a national
      exchange.

     

    (g) Market
      Standoff Agreement.
      In
      connection with the initial public offering of the Company’s securities and upon
      request of the Company or the underwriters managing such underwritten offering
      of the Company’s securities, Purchaser agrees not to sell, make any short sale
      of, loan, grant any option for the purchase of, or otherwise dispose of any
      securities of the Company (other than those included in the registration)
      without the prior written consent of the Company or such underwriters, as the
      case may be, for such period of time (not to exceed 180 days) from the effective
      date of such registration as may be requested by the Company or such managing
      underwriters and to execute an agreement reflecting the foregoing as may be
      requested by the underwriters at the time of the Company’s initial public
      offering.

     

    
      
        
        

      

      
        A-3

        
          

        

      

      
        
        

      

    

     

    4. Escrow
      of Unvested Shares.
      For
      purposes of facilitating the enforcement of the provisions of Section 3 above,
      Purchaser agrees, immediately upon receipt of the certificate(s) for the Shares
      subject to the Repurchase Option, to deliver such certificate(s), together
      with
      an Assignment Separate from Certificate in the form attached to this Agreement
      as Attachment
      A
      executed
      by Purchaser and by Purchaser’s spouse (if required for transfer), in blank, to
      the Secretary of the Company, or the Secretary’s designee, to hold such
      certificate(s) and Assignment Separate from Certificate in escrow and to take
      all such actions and to effectuate all such transfers and/or releases as are
      in
      accordance with the terms of this Agreement. Purchaser hereby acknowledges
      that
      the Secretary of the Company, or the Secretary’s designee, is so appointed as
      the escrow holder with the foregoing authorities as a material inducement to
      make this Agreement and that said appointment is coupled with an interest and
      is
      accordingly irrevocable. Purchaser agrees that said escrow holder shall not
      be
      liable to any party hereof (or to any other party). The escrow holder may rely
      upon any letter, notice or other document executed by any signature purported
      to
      be genuine and may resign at any time. Purchaser agrees that if the Secretary
      of
      the Company, or the Secretary’s designee, resigns as escrow holder for any or no
      reason, the Board of Directors of the Company shall have the power to appoint
      a
      successor to serve as escrow holder pursuant to the terms of this
      Agreement.

     

    5. Investment
      and Taxation Representations.
      In
      connection with the purchase of the Shares, Purchaser represents to the Company
      the following:

     

    (a) Purchaser
      is aware of the Company’s business affairs and financial condition and has
      acquired sufficient information about the Company to reach an informed and
      knowledgeable decision to acquire the Shares. Purchaser is purchasing the Shares
      for investment for his or her own account only and not with a view to, or for
      resale in connection with, any “distribution” thereof within the meaning of the
      Securities Act. Purchaser does not have any present intention to transfer the
      Shares to any other person or entity.

     

    (b) Purchaser
      understands that the Shares have not been registered under the Securities Act
      by
      reason of a specific exemption therefrom, which exemption depends upon, among
      other things, the bona fide nature of Purchaser’s investment intent as expressed
      herein.

     

    (c) Purchaser
      understands that the Shares are “restricted securities” under applicable U.S.
      federal and state securities laws and that, pursuant to these laws, Purchaser
      must hold the Shares indefinitely unless they are registered with the Securities
      and Exchange Commission and qualified by state authorities, or an exemption
      from
      such registration and qualification requirements is available. Purchaser
      acknowledges that the Company has no obligation to register or qualify the
      Shares for resale. Purchaser further acknowledges that if an exemption from
      registration or qualification is available, it may be conditioned on various
      requirements including, but not limited to, the time and manner of sale, the
      holding period for the Shares, and requirements relating to the Company which
      are outside of the Purchaser’s control, and which the Company is under no
      obligation and may not be able to satisfy.

     

    (d) Purchaser
      understands that Purchaser may suffer adverse tax consequences as a result
      of
      Purchaser’s purchase or disposition of the Shares. Purchaser represents that
      Purchaser has consulted any tax consultants Purchaser deems advisable in
      connection with the purchase or disposition of the Shares and that Purchaser is
      not relying on the Company for any tax advice.

     

    6. Restrictive
      Legends and Stop-Transfer Orders.

     

    (a) Legends.
      The
      certificate or certificates representing the Shares shall bear the following
      legends (as well as any legends required by applicable state and federal
      corporate and securities laws):

     

    (i) THE
      SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE
      SECURITIES ACT OF 1933, AND HAVE BEEN ACQUIRED FOR INVESTMENT AND NOT WITH
      A
      VIEW TO, OR IN CONNECTION WITH, THE SALE OR DISTRIBUTION THEREOF. NO SUCH SALE
      OR DISTRIBUTION MAY BE EFFECTED WITHOUT AN EFFECTIVE REGISTRATION STATEMENT
      RELATED THERETO OR AN OPINION OF COUNSEL IN A FORM SATISFACTORY TO THE COMPANY
      THAT SUCH REGISTRATION IS NOT REQUIRED UNDER THE SECURITIES ACT OF
      1933.

     

    
      
        
        

      

      
        A-4

        
          

        

      

      
        
        

      

    

     

    (ii) THE
      SHARES REPRESENTED BY THIS CERTIFICATE MAY BE TRANSFERRED ONLY IN ACCORDANCE
      WITH THE TERMS OF AN AGREEMENT BETWEEN THE COMPANY AND THE SHAREHOLDER, A COPY
      OF WHICH IS ON FILE WITH THE SECRETARY OF THE COMPANY.

     

    (b) Stop-Transfer
      Notices.
      Purchaser agrees that, in order to ensure compliance with the restrictions
      referred to herein, the Company may issue appropriate “stop transfer”
instructions to its transfer agent, if any, and that, if the Company transfers
      its own securities, it may make appropriate notations to the same effect in
      its
      own records.

     

    (c) Refusal
      to Transfer.
      The
      Company shall not be required (i) to transfer on its books any Shares that
      have
      been sold or otherwise transferred in violation of any of the provisions of
      this
      Agreement or (ii) to treat as owner of such Shares or to accord the right to
      vote or pay dividends to any purchaser or other transferee to whom such Shares
      shall have been so transferred.

     

    (d) Removal
      of Legend.
      When
      all of the following events have occurred, the Shares then held by Purchaser
      will no longer be subject to the legend referred to in Section 6(a)(ii): (i)
      the
      termination of the Right of First Refusal; (ii) the expiration or termination
      of
      the market standoff provisions of Section 3(g) (and of any agreement entered
      pursuant to Section 3(g)); and (iii) the expiration or exercise in full of
      the
      Repurchase Option. After such time, and upon Purchaser’s request, a new
      certificate or certificates representing the Shares not repurchased shall be
      issued without the legend referred to in Section 6(a)(ii), and delivered to
      Purchaser.

     

    7. No
      Employment Rights.
      Nothing
      in this Agreement shall affect in any manner whatsoever the right or power
      of
      the Company, or a Parent or Subsidiary of the Company, to terminate Purchaser’s
      employment or consulting relationship, for any reason, with or without
      cause.

     

    8. Section
      83(b) Election.
      Purchaser understands that Section 83(a) of the Internal Revenue Code of 1986,
      as amended (the “Code”),
      taxes
      as ordinary income for a Nonstatutory Stock Option and as alternative minimum
      taxable income for an Incentive Stock Option the difference between the amount
      paid for the Shares and the Fair Market Value of the Shares as of the date
      any
      restrictions on the Shares lapse. In this context, “restriction”
means
      the right of the Company to buy back the Shares pursuant to the Repurchase
      Option set forth in Section 3(a) of this Agreement. Purchaser understands that
      Purchaser may elect to be taxed at the time the Shares are purchased, rather
      than when and as the Repurchase Option expires, by filing an election under
      Section 83(b) (an “83(b)
      Election”)
      of the
      Code with the Internal Revenue Service within 30 days from the date of purchase.
      Even if the Fair Market Value of the Shares at the time of the execution of
      this
      Agreement equals the amount paid for the Shares, the election must be made
      to
      avoid income and alternative minimum tax treatment under Section 83(a) in the
      future. Purchaser understands that failure to file such an election in a timely
      manner may result in adverse tax consequences for Purchaser. Purchaser further
      understands that an additional copy of such election form should be filed with
      his or her federal income tax return for the calendar year in which the date
      of
      this Agreement falls. Purchaser acknowledges that the foregoing is only a
      summary of the effect of United States federal income taxation with respect
      to
      purchase of the Shares hereunder, and does not purport to be complete. Purchaser
      further acknowledges that the Company has directed Purchaser to seek independent
      advice regarding the applicable provisions of the Code, the income tax laws
      of
      any municipality, state or foreign country in which Purchaser may reside, and
      the tax consequences of Purchaser’s death.

     

    Purchaser
      agrees that he or she will execute and deliver to the Company with this executed
      Agreement a copy of the Acknowledgment and Statement of Decision Regarding
      Section 83(b) Election (the “Acknowledgment”)
      attached hereto as Attachment
      B.
      Purchaser further agrees that he or she will execute and submit with the
      Acknowledgment a copy of the 83(b) Election attached hereto as Attachment
      C
      (for tax
      purposes in connection with the early exercise of an option) if Purchaser has
      indicated in the Acknowledgment his or her decision to make such an
      election.

     

    
      
        
        

      

      
        A-5

        
          

        

      

      
        
        

      

    

     

    9. Miscellaneous.

     

    (a) Governing
      Law.
      This
      Agreement and all acts and transactions pursuant hereto and the rights and
      obligations of the parties hereto shall be governed, construed and interpreted
      in accordance with the laws of the State of Georgia, without giving effect
      to
      principles of conflicts of law.

     

    (b) Entire
      Agreement; Enforcement of Rights.
      This
      Agreement sets forth the entire agreement and understanding of the parties
      relating to the subject matter herein and merges all prior discussions between
      them. No modification of or amendment to this Agreement, nor any waiver of
      any
      rights under this Agreement, shall be effective unless in writing signed by
      the
      parties to this Agreement. The failure by either party to enforce any rights
      under this Agreement shall not be construed as a waiver of any rights of such
      party.

     

    (c) Severability.
      If one
      or more provisions of this Agreement are held to be unenforceable under
      applicable law, the parties agree to renegotiate such provision in good faith.
      In the event that the parties cannot reach a mutually agreeable and enforceable
      replacement for such provision, then (i) such provision shall be excluded from
      this Agreement, (ii) the balance of the Agreement shall be interpreted as if
      such provision were so excluded and (iii) the balance of the Agreement shall
      be
      enforceable in accordance with its terms.

     

    (d) Construction.
      This
      Agreement is the result of negotiations between and has been reviewed by each
      of
      the parties hereto and their respective counsel, if any; accordingly, this
      Agreement shall be deemed to be the product of all of the parties hereto, and
      no
      ambiguity shall be construed in favor of or against any one of the parties
      hereto.

     

    (e) Notices.
      Any
      notice required or permitted by this Agreement shall be in writing and shall
      be
      deemed sufficient when delivered personally or sent by telegram or fax or 48
      hours after being deposited in the U.S. mail, as certified or registered mail,
      with postage prepaid, and addressed to the party to be notified at such party’s
      address as set forth below or as subsequently modified by written
      notice.

     

    (f) 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 constitute one
      instrument.

     

    (g) Successors
      and Assigns.
      The
      rights and benefits of this Agreement shall inure to the benefit of, and be
      enforceable by the Company’s successors and assigns. The rights and obligations
      of Purchaser under this Agreement may only be assigned with the prior written
      consent of the Company.

     

    (h) Georgia
      Corporate Securities Law.
      THE
      SALE OF THE SECURITIES WHICH ARE THE SUBJECT OF THIS AGREEMENT HAS NOT BEEN
      QUALIFIED WITH THE COMMISSIONER OF CORPORATIONS OF THE STATE OF GEORGIA, OR
      ANY
      OTHER STATE, AND THE ISSUANCE OF THE SECURITIES OR THE PAYMENT OR RECEIPT OF
      ANY
      PART OF THE CONSIDERATION THEREFOR PRIOR TO THE QUALIFICATION IS UNLAWFUL,
      UNLESS THE SALE OF SECURITIES IS EXEMPT FROM QUALIFICATION. THE RIGHTS OF ALL
      PARTIES TO THIS AGREEMENT ARE EXPRESSLY CONDITIONED UPON THE QUALIFICATION
      BEING
      OBTAINED, UNLESS THE SALE IS SO EXEMPT.

     

    (i) California
      Corporate Securities Law.
      THE
      SALE OF THE SECURITIES WHICH ARE THE SUBJECT OF THIS AGREEMENT HAS NOT BEEN
      QUALIFIED WITH THE DEPARTMENT OF CORPORATIONS OF THE STATE OF CALIFORNIA, OR
      ANY
      OTHER STATE, AND THE ISSUANCE OF THE SECURITIES OR THE PAYMENT OR RECEIPT OF
      ANY
      PART OF THE CONSIDERATION THEREFOR PRIOR TO THE QUALIFICATION IS UNLAWFUL,
      UNLESS THE SALE OF SECURITIES IS EXEMPT FROM QUALIFICATION. THE RIGHTS OF ALL
      PARTIES TO THIS AGREEMENT ARE EXPRESSLY CONDITIONED UPON THE QUALIFICATION
      BEING
      OBTAINED, UNLESS THE SALE IS SO EXEMPT.

     

    [Signature
      Page Follows]

     

    
      
        
        

      

      
        A-6

        
          

        

      

      
        
        

      

    

    The
      parties have executed this Agreement as of the date first set forth
      above.

    
      	 	 	 
	 	
              COMPANY:

            
	 	 
	 	
              AURIGA
                LABORATORIES, INC.

            
	 
 	 
 	 
 
	
            	By:  	
            
	 	
              
                

              

              Name:

              Title:

            
	 	 

              Address: 
                 10635
                Santa Monica Blvd. #120

              Los
                Angeles, CA 90025

            

    

     

    
      
        	 	 	 
	 	 	
                PURCHASER:

              
	 
 	 
 	 
 
	
              	        	
              
	 	
                

                Signature

              
	 	 
	 	
                
                  
Print
                  Name

              
	 	 
	 	
                
                  
Address

              
	 	 
	 	
                
                  
Address

              

      

    
      
        
        

      

      
        A-7

        
          

        

      

      
        
        

      

    

      

    ATTACHMENT
      A

     

    ASSIGNMENT
      SEPARATE FROM CERTIFICATE

     

    FOR
      VALUE
      RECEIVED and pursuant to that certain Early Exercise Notice and Restricted
      Stock
      Purchase Agreement between the undersigned (“Purchaser”)
      and
      Auriga Laboratories, Inc. (the “Company”)
      dated
      _______________, ____ (the “Agreement”),
      Purchaser hereby sells, assigns and transfers unto the Company
      _________________________________ (________) shares of the Common Stock of
      the
      Company, standing in Purchaser’s name on the books of the Company and
      represented by Certificate No. ____, and does hereby irrevocably constitute
      and
      appoint ________________________________________________ to transfer said stock
      on the books of the Company with full power of substitution in the premises.
      THIS ASSIGNMENT MAY ONLY BE USED AS AUTHORIZED BY THE AGREEMENT AND THE
      ATTACHMENTS THERETO.

     

    Dated:
      ______________________

    
      	 	 	 
	 	 	
              Signature:

            
	 
 	 
 	 
 
	
            	
            	 
	 	
              
                
                  
Signature

              

            
	 	 
	 	
              
                
Print
                Name

            

    

     

    Instruction:
      Please
      do not fill in any blanks other than the signature line. The purpose of this
      assignment is to enable the Company to exercise its Repurchase Option set forth
      in the Agreement without requiring additional signatures on the part of
      Purchaser.

     

    
      
        
        

      

      
        A-A-1

        
          

        

      

      
        
        

      

    

    ATTACHMENT
      B

     

    ACKNOWLEDGMENT
      AND STATEMENT OF DECISION

    REGARDING
      SECTION 83(b) ELECTION

     

    The
      undersigned (which term includes the undersigned’s spouse), a purchaser of
      ___________ shares of Common Stock of Auriga Laboratories, Inc., a Delaware
      corporation (the “Company”)
      by
      exercise of an option (the “Option”)
      granted pursuant to the Company’s 2006 Stock Option Plan (the “Plan”),
      hereby states as follows:

     

    1. The
      undersigned acknowledges receipt of a copy of the Plan relating to the offering
      of such shares. The undersigned has carefully reviewed the Plan and the option
      agreement pursuant to which the Option was granted.

     

    2. The
      undersigned either [check and complete as applicable]:

     

    
      	 	
              (a)

            	 	 	
              has
                consulted, and has been fully advised by, the undersigned’s own tax
                advisor, _____________________________________, whose business address
                is
                ______________________________, regarding the federal, state and
                local tax
                consequences of purchasing shares under the Plan, and particularly
                regarding the advisability of making elections pursuant to Section
                83(b)
                of the Internal Revenue Code of 1986, as amended (the “Code”)
                and pursuant to the corresponding provisions, if any, of applicable
                state
                law; or

            

    

     

    (b) ____ has
      knowingly chosen not to consult such a tax advisor.

     

    3. The
      undersigned hereby states that the undersigned has decided [check as
      applicable]:

     

    
      	 	
              (a)

            	 	 	
              to
                make an election pursuant to Section 83(b) of the Code, and is submitting
                to the Company, together with the undersigned’s executed Early Exercise
                Notice and Restricted Stock Purchase Agreement, an executed form
                entitled
                “Election Under Section 83(b) of the Internal Revenue Code of 1986;”
                or

            

    

     

    
      	 	
              (b)

            	 	 	
              not
                to make an election pursuant to Section 83(b) of the
                Code.

            

    

     

    4. Neither
      the Company nor any subsidiary or representative of the Company has made any
      warranty or representation to the undersigned with respect to the tax
      consequences of the undersigned’s purchase of shares under the Plan or of the
      making or failure to make an election pursuant to Section 83(b) of the Code
      or
      the corresponding provisions, if any, of applicable state law.

    
      	 	 	 
	Date: 	
            	
            
	 	
              
Signature

    

     

    
      
        
        

      

      
        A-B-1

        
          

        

      

      
        
        

      

    

     

    ATTACHMENT
      C

     

    ELECTION
      UNDER SECTION 83(b)

    OF
      THE INTERNAL REVENUE CODE OF 1986

     

    The
      undersigned taxpayer hereby elects, pursuant to Section 83(b) of the Internal
      Revenue Code, to include in taxpayer’s gross income or alternative minimum
      taxable income, as applicable, for the current taxable year, the amount of
      any
      income that may be taxable to taxpayer in connection with taxpayer’s receipt of
      the property described below:

     

    1. The
      name,
      address, taxpayer identification number and taxable year of the undersigned
      are
      as follows:

     

    NAME
      OF
      TAXPAYER: _________________________________

     

    ADDRESS:    ________________________________________

     

    ________________________________________

     

    IDENTIFICATION
      NO. OF TAXPAYER: ___________________

     

    TAXABLE
      YEAR: __________

     

    2. The
      property with respect to which the election is made is described as
      follows:

     

    _________________
      shares of the Common Stock of Auriga Laboratories, Inc., a Delaware corporation
      (the “Company”).

     

    3. The
      date
      on which the property was transferred is: _______________

     

    4. The
      property is subject to the following restrictions:

     

    Repurchase
      option at cost in favor of the Company upon termination of taxpayer’s employment
      or consulting relationship.

     

    5. The
      fair
      market value at the time of transfer, determined without regard to any
      restriction other than a restriction which by its terms will never lapse, of
      such property is: $____________________

     

    The
      amount (if any) paid for such property: $____________________

     

    The
      undersigned has submitted a copy of this statement to the person for whom the
      services were performed in connection with the undersigned’s receipt of the
      above-described property. The transferee of such property is the person
      performing the services in connection with the transfer of said
      property.

     

    The
      undersigned understands that the foregoing election may not be revoked except
      with the consent of the Commissioner.

     

    
      	 	 	 
	Dated:
              	
            	
            
	 	
              
Signature

    

      

    
      
        
        

      

      
        A-C-1

        
          

        

      

      
        
        

      

    

    RECEIPT
      AND CONSENT

     

    The
      undersigned hereby acknowledges receipt of a photocopy of Certificate No. ______
      for __________________ shares of Common Stock of Auriga Laboratories, Inc.
      (the
“Company”).

     

    The
      undersigned further acknowledges that the Secretary of the Company, or his
      or
      her designee, is acting as escrow holder pursuant to the Early Exercise Notice
      and Restricted Stock Purchase Agreement Purchaser has previously entered into
      with the Company. As escrow holder, the Secretary of the Company, or his or
      her
      designee, holds the original of the aforementioned certificate issued in the
      undersigned’s name.

     

    
      	 	 	 
	Dated:
              	
            	
            
	 	
              
Name:

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    EXHIBIT
      B

     

    AURIGA
      LABORATORIES, INC.

     

    2006
      Stock Option Plan

    EXERCISE
      NOTICE AND RESTRICTED STOCK PURCHASE AGREEMENT

     

    This
      Agreement (“Agreement”)
      is
      made as of ______________, by and between Auriga Laboratories, Inc., a Delaware
      corporation (the “Company”),
      and
      ____________ (“Purchaser”).
      To
      the extent any capitalized terms used in this Agreement are not defined, they
      shall have the meaning ascribed to them in the 2006 Stock Option
      Plan.

     

    1. Exercise
      of Option.
      Subject
      to the terms and conditions hereof, Purchaser hereby elects to exercise his
      or
      her option to purchase __________ shares of the Common Stock (the “Shares”)
      of the
      Company under and pursuant to the Company’s 2006 Stock Option Plan (the
“Plan”)
      and
      the Stock Option Agreement dated ______________, (the “Option
      Agreement”).
      The
      purchase price for the Shares shall be $_________ per Share for a total purchase
      price of $_______________. The term “Shares”
refers
      to the purchased Shares and all securities received in replacement of the Shares
      or as stock dividends or splits, all securities received in replacement of
      the
      Shares in a recapitalization, merger, reorganization, exchange or the like,
      and
      all new, substituted or additional securities or other properties to which
      Purchaser is entitled by reason of Purchaser’s ownership of the
      Shares.

     

    2. Time
      and Place of Exercise.
      The
      purchase and sale of the Shares under this Agreement shall occur at the
      principal office of the Company simultaneously with the execution and delivery
      of this Agreement in accordance with the provisions of Section 2(b) of the
      Option Agreement. On such date, the Company will deliver to Purchaser a
      certificate representing the Shares to be purchased by Purchaser (which shall
      be
      issued in Purchaser’s name) against payment of the purchase price therefor by
      Purchaser by (a) check made payable to the Company, (b) cancellation of
      indebtedness of the Company to Purchaser, (c) delivery of shares of the Common
      Stock of the Company in accordance with Section 3 of the Option Agreement,
      or
      (d) a combination of the foregoing.

     

    3. Limitations
      on Transfer.
      In
      addition to any other limitation on transfer created by applicable securities
      laws, Purchaser shall not assign, encumber or dispose of any interest in the
      Shares except in compliance with the provisions below and applicable securities
      laws.

     

    (a) Right
      of First Refusal.
      Before
      any Shares held by Purchaser or any transferee of Purchaser (either being
      sometimes referred to herein as the “Holder”)
      may be
      sold or otherwise transferred (including transfer by gift or operation of law),
      the Company or its assignee(s) shall have a right of first refusal to purchase
      the Shares on the terms and conditions set forth in this Section 3(a) (the
      “Right
      of First Refusal”).

     

    (i) Notice
      of Proposed Transfer.
      The
      Holder of the Shares shall deliver to the Company a written notice (the
“Notice”)
      stating: (i) the Holder’s bona fide intention to sell or otherwise transfer such
      Shares; (ii) the name of each proposed purchaser or other transferee
      (“Proposed
      Transferee”);
      (iii)
      the number of Shares to be transferred to each Proposed Transferee; and (iv)
      the
      terms and conditions of each proposed sale or transfer. The Holder shall offer
      the Shares at the same price (the “Offered
      Price”)
      and
      upon the same terms (or terms as similar as reasonably possible) to the Company
      or its assignee(s).

     

    (ii) Exercise
      of Right of First Refusal.
      At any
      time within 30 days after receipt of the Notice, the Company and/or its
      assignee(s) may, by giving written notice to the Holder, elect to purchase
      all,
      but not less than all, of the Shares proposed to be transferred to any one
      or
      more of the Proposed Transferees, at the purchase price determined in accordance
      with subsection (iii) below.

     

    (iii) Purchase
      Price.
      The
      purchase price (“Purchase
      Price”)
      for
      the Shares purchased by the Company or its assignee(s) under this Section 3(a)
      shall be the Offered Price. If the Offered Price includes consideration other
      than cash, the cash equivalent value of the non-cash consideration shall be
      determined by the Board of Directors of the Company in good faith.

     

    
      
        
        

      

      
        B-1

        
          

        

      

      
        
        

      

    

     

    (iv) Payment.
      Payment
      of the Purchase Price shall be made, at the option of the Company or its
      assignee(s), in cash (by check), by cancellation of all or a portion of any
      outstanding indebtedness of the Holder to the Company (or, in the case of
      repurchase by an assignee, to the assignee), by net exercise pursuant to Section
      2(c) of the Option Agreement, or by any combination thereof within 30 days
      after
      receipt of the Notice or in the manner and at the times set forth in the
      Notice.

     

    (v) Holder’s
      Right to Transfer.
      If all
      of the Shares proposed in the Notice to be transferred to a given Proposed
      Transferee are not purchased by the Company and/or its assignee(s) as provided
      in this Section 3(a), then the Holder may sell or otherwise transfer such Shares
      to that Proposed Transferee at the Offered Price or at a higher price, provided
      that such sale or other transfer is consummated within 60 days after the date
      of
      the Notice and provided further that any such sale or other transfer is effected
      in accordance with any applicable securities laws and the Proposed Transferee
      agrees in writing that the provisions of this Section 3 shall continue to apply
      to the Shares in the hands of such Proposed Transferee. If the Shares described
      in the Notice are not transferred to the Proposed Transferee within such period,
      or if the Holder proposes to change the price or other terms to make them more
      favorable to the Proposed Transferee, a new Notice shall be given to the
      Company, and the Company and/or its assignees shall again be offered the Right
      of First Refusal before any Shares held by the Holder may be sold or otherwise
      transferred.

     

    (vi) Exception
      for Certain Family Transfers.
      Anything to the contrary contained in this Section 3(a) notwithstanding, the
      transfer of any or all of the Shares during Purchaser’s lifetime or on
      Purchaser’s death by will or intestacy to Purchaser’s Immediate Family (as
      defined below) or a trust for the benefit of Purchaser’s Immediate Family shall
      be exempt from the provisions of this Section 3(a). “Immediate
      Family”
as
      used
      herein shall mean spouse, lineal descendant or antecedent, father, mother,
      brother or sister. In such case, the transferee or other recipient shall receive
      and hold the Shares so transferred subject to the provisions of this Section,
      and there shall be no further transfer of such Shares except in accordance
      with
      the terms of this Section 3.

     

    (b) Involuntary
      Transfer.

     

    (i) Company’s
      Right to Purchase upon Involuntary Transfer.
      In the
      event, at any time after the date of this Agreement, of any transfer by
      operation of law or other involuntary transfer (including divorce or death,
      but
      excluding, in the event of death, a transfer to Immediate Family as set forth
      in
      Section 3(a)(vi) above) of all or a portion of the Shares by the record holder
      thereof, the Company shall have the right to purchase all of the Shares
      transferred at the greater of the purchase price paid by Purchaser pursuant
      to
      this Agreement or the Fair Market Value of the Shares on the date of transfer.
      Upon such a transfer, the person acquiring the Shares shall promptly notify
      the
      Secretary of the Company of such transfer. The right to purchase such Shares
      shall be provided to the Company for a period of 30 days following receipt
      by
      the Company of written notice by the person acquiring the Shares.

     

    (ii) Price
      for Involuntary Transfer.
      With
      respect to any stock to be transferred pursuant to Section 3(b)(i), the price
      per Share shall be a price set by the Board of Directors of the Company that
      will reflect the current value of the stock in terms of present earnings and
      future prospects of the Company. The Company shall notify Purchaser or his
      or
      her executor of the price so determined within 30 days after receipt by it
      of
      written notice of the transfer or proposed transfer of Shares. However, if
      the
      Purchaser does not agree with the valuation as determined by the Board of
      Directors of the Company, the Purchaser shall be entitled to have the valuation
      determined by an independent appraiser to be mutually agreed upon by the Company
      and the Purchaser and whose fees shall be borne equally by the Company and
      the
      Purchaser.

     

    (c) Assignment.
      The
      right of the Company to purchase any part of the Shares may be assigned in
      whole
      or in part to any shareholder or shareholders of the Company or other persons
      or
      organizations.

     

    (d) Restrictions
      Binding on Transferees.
      All
      transferees of Shares or any interest therein will receive and hold such Shares
      or interest subject to the provisions of this Agreement. Any sale or transfer
      of
      the Shares shall be void unless the provisions of this Agreement are
      satisfied.

     

    
      
        
        

      

      
        B-2

        
          

        

      

      
        
        

      

    

     

    (e) Termination
      of Rights.
      The
      Right of First Refusal and the Company’s right to repurchase the Shares in the
      event of an involuntary transfer pursuant to Section 3(b) above shall terminate
      upon the listing of Common Stock of the Company on a national
      exchange.

     

    (f) Market
      Standoff Agreement.
      In
      connection with the initial public offering of the Company’s securities and upon
      request of the Company or the underwriters managing such underwritten offering
      of the Company’s securities, Purchaser agrees not to sell, make any short sale
      of, loan, grant any option for the purchase of, or otherwise dispose of any
      securities of the Company (other than those included in the registration)
      without the prior written consent of the Company or such underwriters, as the
      case may be, for such period of time (not to exceed 180 days) from the effective
      date of such registration as may be requested by the Company or such managing
      underwriters and to execute an agreement reflecting the foregoing as may be
      requested by the underwriters at the time of the Company’s initial public
      offering.

     

    4. Investment
      and Taxation Representations.
      In
      connection with the purchase of the Shares, Purchaser represents to the Company
      the following:

     

    (a) Purchaser
      is aware of the Company’s business affairs and financial condition and has
      acquired sufficient information about the Company to reach an informed and
      knowledgeable decision to acquire the Shares. Purchaser is purchasing the Shares
      for investment for his or her own account only and not with a view to, or for
      resale in connection with, any “distribution” thereof within the meaning of the
      Securities Act.

     

    (b) Purchaser
      understands that the Shares have not been registered under the Securities Act
      by
      reason of a specific exemption therefrom, which exemption depends upon, among
      other things, the bona fide nature of Purchaser’s investment intent as expressed
      herein.

     

    (c) Purchaser
      understands that the Shares are “restricted securities” under applicable U.S.
      federal and state securities laws and that, pursuant to these laws, Purchaser
      must hold the Shares indefinitely unless they are registered with the Securities
      and Exchange Commission and qualified by state authorities, or an exemption
      from
      such registration and qualification requirements is available. Purchaser
      acknowledges that the Company has no obligation to register or qualify the
      Shares for resale. Purchaser further acknowledges that if an exemption from
      registration or qualification is available, it may be conditioned on various
      requirements including, but not limited to, the time and manner of sale, the
      holding period for the Shares, and requirements relating to the Company which
      are outside of the Purchaser’s control, and which the Company is under no
      obligation and may not be able to satisfy.

     

    (d) Purchaser
      understands that Purchaser may suffer adverse tax consequences as a result
      of
      Purchaser’s purchase or disposition of the Shares. Purchaser represents that
      Purchaser has consulted any tax consultants Purchaser deems advisable in
      connection with the purchase or disposition of the Shares and that Purchaser
      is
      not relying on the Company for any tax advice.

     

    5. Restrictive
      Legends and Stop-Transfer Orders.

     

    (a) Legends.
      The
      certificate or certificates representing the Shares shall bear the following
      legends (as well as any legends required by applicable state and federal
      corporate and securities laws):

     

    (i) THE
      SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE
      SECURITIES ACT OF 1933, AND HAVE BEEN ACQUIRED FOR INVESTMENT AND NOT WITH
      A
      VIEW TO, OR IN CONNECTION WITH, THE SALE OR DISTRIBUTION THEREOF. NO SUCH SALE
      OR DISTRIBUTION MAY BE EFFECTED WITHOUT AN EFFECTIVE REGISTRATION STATEMENT
      RELATED THERETO OR AN OPINION OF COUNSEL IN A FORM SATISFACTORY TO THE COMPANY
      THAT SUCH REGISTRATION IS NOT REQUIRED UNDER THE SECURITIES ACT OF
      1933.

     

    (ii) THE
      SHARES REPRESENTED BY THIS CERTIFICATE MAY BE TRANSFERRED ONLY IN ACCORDANCE
      WITH THE TERMS OF AN AGREEMENT BETWEEN THE COMPANY AND THE SHAREHOLDER, A COPY
      OF WHICH IS ON FILE WITH THE SECRETARY OF THE COMPANY.

     

    
      
        
        

      

      
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    (b) Stop-Transfer
      Notices.
      Purchaser agrees that, in order to ensure compliance with the restrictions
      referred to herein, the Company may issue appropriate “stop transfer”
instructions to its transfer agent, if any, and that, if the Company transfers
      its own securities, it may make appropriate notations to the same effect in
      its
      own records.

     

    (c) Refusal
      to Transfer.
      The
      Company shall not be required (i) to transfer on its books any Shares that
      have
      been sold or otherwise transferred in violation of any of the provisions of
      this
      Agreement or (ii) to treat as owner of such Shares or to accord the right to
      vote or pay dividends to any purchaser or other transferee to whom such Shares
      shall have been so transferred.

     

    (d) Removal
      of Legend.
      When
      all of the following events have occurred, the Shares then held by Purchaser
      will no longer be subject to the legend referred to in Section 5(a)(ii): (i)
      the
      termination of the Right of First Refusal; and (ii) the expiration or
      termination of the market standoff provisions of Section 3(f) (and of any
      agreement entered pursuant to Section 3(f)). After such time, and upon
      Purchaser’s request, a new certificate or certificates representing the Shares
      not repurchased shall be issued without the legend referred to in Section
      5(a)(ii), and delivered to Purchaser.

     

    6. No
      Employment Rights.
      Nothing
      in this Agreement shall affect in any manner whatsoever the right or power
      of
      the Company, or a Parent or Subsidiary of the Company, to terminate Purchaser’s
      employment or consulting relationship, for any reason, with or without
      cause.

     

    7. Miscellaneous.

     

    (a) Governing
      Law.
      This
      Agreement and all acts and transactions pursuant hereto and the rights and
      obligations of the parties hereto shall be governed, construed and interpreted
      in accordance with the laws of the State of Georgia, without giving effect
      to
      principles of conflicts of law.

     

    (b) Entire
      Agreement; Enforcement of Rights.
      This
      Agreement sets forth the entire agreement and understanding of the parties
      relating to the subject matter herein and merges all prior discussions between
      them. No modification of or amendment to this Agreement, nor any waiver of
      any
      rights under this Agreement, shall be effective unless in writing signed by
      the
      parties to this Agreement. The failure by either party to enforce any rights
      under this Agreement shall not be construed as a waiver of any rights of such
      party.

     

    (c) Severability.
      If one
      or more provisions of this Agreement are held to be unenforceable under
      applicable law, the parties agree to renegotiate such provision in good faith.
      In the event that the parties cannot reach a mutually agreeable and enforceable
      replacement for such provision, then (i) such provision shall be excluded from
      this Agreement, (ii) the balance of the Agreement shall be interpreted as if
      such provision were so excluded and (iii) the balance of the Agreement shall
      be
      enforceable in accordance with its terms.

     

    (d) Construction.
      This
      Agreement is the result of negotiations between and has been reviewed by each
      of
      the parties hereto and their respective counsel, if any; accordingly, this
      Agreement shall be deemed to be the product of all of the parties hereto, and
      no
      ambiguity shall be construed in favor of or against any one of the parties
      hereto.

     

    (e) Notices.
      Any
      notice required or permitted by this Agreement shall be in writing and shall
      be
      deemed sufficient when delivered personally or sent by telegram or fax or 48
      hours after being deposited in the U.S. mail, as certified or registered mail,
      with postage prepaid, and addressed to the party to be notified at such party’s
      address as set forth below or as subsequently modified by written
      notice.

     

    (f) 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 constitute one
      instrument.

     

    (g) Successors
      and Assigns.
      The
      rights and benefits of this Agreement shall inure to the benefit of, and be
      enforceable by the Company’s successors and assigns. The rights and obligations
      of Purchaser under this Agreement may only be assigned with the prior written
      consent of the Company.

     

    
      
        
        

      

      
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    (h) Georgia
      Corporate Securities Law.
      THE
      SALE OF THE SECURITIES WHICH ARE THE SUBJECT OF THIS AGREEMENT HAS NOT BEEN
      QUALIFIED WITH THE COMMISSIONER OF CORPORATIONS OF THE STATE OF GEORGIA, OR
      ANY
      OTHER STATE, AND THE ISSUANCE OF THE SECURITIES OR THE PAYMENT OR RECEIPT OF
      ANY
      PART OF THE CONSIDERATION THEREFOR PRIOR TO THE QUALIFICATION IS UNLAWFUL,
      UNLESS THE SALE OF SECURITIES IS EXEMPT FROM QUALIFICATION. THE RIGHTS OF ALL
      PARTIES TO THIS AGREEMENT ARE EXPRESSLY CONDITIONED UPON THE QUALIFICATION
      BEING
      OBTAINED, UNLESS THE SALE IS SO EXEMPT.

     

    (i) California
      Corporate Securities Law.
      THE
      SALE OF THE SECURITIES WHICH ARE THE SUBJECT OF THIS AGREEMENT HAS NOT BEEN
      QUALIFIED WITH THE DEPARTMENT OF CORPORATIONS OF THE STATE OF CALIFORNIA, OR
      ANY
      OTHER STATE, AND THE ISSUANCE OF THE SECURITIES OR THE PAYMENT OR RECEIPT OF
      ANY
      PART OF THE CONSIDERATION THEREFOR PRIOR TO THE QUALIFICATION IS UNLAWFUL,
      UNLESS THE SALE OF SECURITIES IS EXEMPT FROM QUALIFICATION. THE RIGHTS OF ALL
      PARTIES TO THIS AGREEMENT ARE EXPRESSLY CONDITIONED UPON THE QUALIFICATION
      BEING
      OBTAINED, UNLESS THE SALE IS SO EXEMPT.

     

    [Signature
      Page Follows]

     

    
      
        
        

      

      
        B-5

        
          

        

      

      
        
        

      

    

    The
      parties have executed this Agreement as of the date first set forth
      above.

    
      
        	 	 	 
	 	
                COMPANY:

              
	 	 
	 	
                
                  AURIGA
                    LABORATORIES, INC.

                

              
	 
 	 
 	 
 
	
              	By:  	
              
	 	
                
                  

                

                Name:

                Title:

              
	 	 

                Address:   10635
                  Santa Monica Blvd. #120

                Los
                  Angeles, CA 90025

              

      

       

      
        	 	 	 
	 	 	
                PURCHASER:

              
	
              	        	
              
	 	
                

                Signature

              
	 	 
	 	
                
                  
Print
                  Name

              
	 	 
	 	
                
                  
Address

              
	 	 
	 	
                
                  
Address

              

      

       

      
        
          
          

        

        
          B-6

          
            

          

        

        
          
          

        

      

    

     

    RECEIPT

     

    Auriga
      Laboratories, Inc. (the “Company”)
      hereby
      acknowledges receipt of (check as applicable):

     

    _____     A
      check
      in the amount of $__________

     

    _____     The
      cancellation of indebtedness in the amount of $__________

     

    _____     ______
      shares of (or cancellation of the right to exercise) the Company’s Common Stock
      with a fair market value of $__________

     

    given
      by
      ____________ as consideration for Certificate No. ______ for ___________ shares
      of Common Stock of the Company.

     

    Dated:
      ________________________     

     

    
      	 	 	 
	 	
              AURIGA
                LABORATORIES, INC.

            
	 
 	 
 	 
 
	
            	By:  	
            
	 	
              

              Name:

              
                Title:Exhibit
      10.1

    

    

    AMENDMENT
      TO EACH OF 

    AMENDED
      AND RESTATED 1991 INCENTIVE STOCK 

    OPTION
      PLAN OF NYFIX, INC.; JAVELIN

    TECHNOLOGIES
      INC. 1999 STOCK OPTION/STOCK

    ISSUANCE
      PLAN; AND NYFIX, INC. 2001 STOCK

    OPTION
      PLAN

     

     

    On
      May
      15, 2007, the Board of Directors of NYFIX, Inc. amended each of the
      above-referenced Plans by approving (1) extending them to apply to exercises
      of
      options granted under any equity plan where the payment for and delivery of
      shares will be completed after December 31, 2006 and (2) modifying them to
      require that any exercise of options be completed no later than the earlier
      of
      (i) the last day of the 30-day period following the date the Company is current
      in filing its periodic reports with the Securities and Exchange Commission
      and
      its S-8 Registration Statement covering shares issuable under such options
      is
      again effective and (ii) the tenth anniversary of the grant date of such option,
      or, in the case of options issued under the 1991 Incentive Stock Option Plan
      to
      an employee who terminated employment prior to the tenth anniversary of the
      grant date, 90 days after such termination of employment.

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