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EXHIBIT 99.2
COLLATERAL THERAPEUTICS, INC.
NOTICE OF GRANT OF STOCK OPTION
Notice is hereby given of the following option grant (the "Option") to
purchase shares of the Common Stock of Collateral Therapeutics, Inc. (the
"Corporation"):
OPTIONEE: ________
GRANT DATE: ______
VESTING COMMENCEMENT DATE: ____
EXERCISE PRICE: $___ per share
NUMBER OF OPTION SHARES: _______ shares
EXPIRATION DATE: ______
TYPE OF OPTION: _____ Incentive Stock Option (to the extent they
qualify as such)
_____ Non-Statutory Stock Option
EXERCISE SCHEDULE:
Optionee understands and agrees that the Option is granted subject to
and in accordance with the terms of the Collateral Therapeutics, Inc. 1998 Stock
Incentive Plan (the "Plan"). Optionee further agrees to be bound by the terms of
the Plan and the terms of the Option as set forth in the Stock Option Agreement
attached hereto as EXHIBIT A. Optionee hereby acknowledges receipt of a copy of
the official prospectus for the Plan in the form attached hereto as EXHIBIT B. A
copy of the Plan is available upon request made to the Corporate Secretary at
the Corporation's principal offices. Also enclosed is a memo outlining steps to
be taken for exercising your option.
NO EMPLOYMENT OR SERVICE CONTRACT. Nothing in this Notice or in the
attached Stock Option Agreement or in the Plan shall confer upon Optionee any
right to continue in Service for any period of specific duration or interfere
with or otherwise restrict in any way the rights of the Corporation (or any
Parent or Subsidiary employing or retaining Optionee) or of Optionee, which
rights are hereby expressly reserved by each, to terminate Optionee's Service at
any time for any reason, with or without cause.
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DEFINITIONS. All capitalized terms in this Notice shall have the
meaning assigned to them in this Notice or in the attached Stock Option
Agreement.
DATED: _________________________, ______
COLLATERAL THERAPEUTICS, INC.
By:
Title
___________________________________
OPTIONEE
Address:
Exhibit A - Stock Option Agreement
Exhibit B - Plan Summary and Prospectus
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