0000950135-05-003189 Sample Contracts

PENWEST PHARMACEUTICALS CO. Employee Nonstatutory Stock Option Agreement Granted Under 2005 Stock Incentive Plan
Agreement • June 7th, 2005 • Penwest Pharmaceuticals Co • Pharmaceutical preparations
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PENWEST PHARMACEUTICALS CO. Director Restricted Stock Agreement Granted Under 2005 Stock Incentive Plan
Penwest Pharmaceuticals Co • June 7th, 2005 • Pharmaceutical preparations • Washington

This AGREEMENT is entered into as of [ ______ ], 20[ ___ ] (the “Grant Date”), between Penwest Pharmaceuticals Co., a Washington corporation (the “Company”), and [ ______ ] (the “Participant”).

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