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E XHIBIT 10.1
STOCK OPTION
CANCELLATION AGREEMENT
‘This Stock Option Cancellation Agreement is made
effective as of the 4 th
day of January, 2007 between Renovis, Inc. (the
"Company") and [
] (the "Optionee").
WHEREAS, on the dates set forth on Exhibit A , the
Optionee was granted options (the "Options") to purchase the number
of shares of the Company’s common stock set forth on
Exhibit A (the "Shares") at the per share exercise prices
set forth on Exhibit A pursuant to the Company’s
Amended and Restated 2003 Stock Plan (the "2003 Stock Plan");
and
WHEREAS, the Company desires to cancel the Options and the
Optionee desires to relinquish any right, title or interest the
Optionee may have in or to the Options, the Shares subject to the
Options, and any agreement, written or oral, relating to the
Options (each an "Option Agreement").
NOW, THEREFORE, in consideration of the covenants and
undertakings contained herein, and for other good and valuable
consideration, the sufficiency of which is hereby acknowledged, the
Company and the Optionee agree as follows:
1. Effective as of the date hereof, and upon payment by the
Company of $0.001 per share, the Optionee shall surrender the
Options to the Compa
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