0001144204-06-013095 Sample Contracts

OPTION AND REIMBURSEMENT AGREEMENT
Option and Reimbursement Agreement • March 31st, 2006 • Oxis International Inc • Pharmaceutical preparations • California

This Option and Reimbursement Agreement (this “Agreement”) is made and entered into as of December 6, 2005 (“Effective Date”), by and among EverNew Biotech, Inc., a California corporation with an address located at 323 Vintage Park Drive, Foster City, San Mateo, California 94404 (“Evernew”), OXIS International, Inc., a Delaware corporation (“OXIS”), and each of the shareholders of Evernew (the “Shareholders”), which are listed on Exhibit A.

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EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • March 31st, 2006 • Oxis International Inc • Pharmaceutical preparations • California

This Executive Employment Agreement (“Agreement”), dated December 6, 2005, is between OXIS International, Inc., a Delaware corporation (the “Company”), Bio Check, Inc., a California corporation (“Bio Check”) and John Chen, an individual residing in California (“Executive”).

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