0001193125-26-385357 Sample Contracts

NON-QUALIFIED STOCK OPTION AGREEMENT UNDER THE APNIMED, INC. 2026 INDUCEMENT PLAN

Non-Qualified Stock Option Agreement • September 8th, 2026 • Apnimed, Inc. • Pharmaceutical preparations

• Contract Type
  Non-Qualified Stock Option Agreement
• Filed
  September 8th, 2026
• Company
  Apnimed, Inc.
• Industry
  Pharmaceutical preparations

Pursuant to the Apnimed, Inc. 2026 Inducement Plan as amended through the date hereof (the “Plan”), Apnimed, Inc. (the “Company”) hereby grants to the Optionee named above an option (the “Stock Option”) to purchase on or prior to the Expiration Date specified above all or part of the number of shares of Common Stock, par value $0.00001 per share (the “Stock”), of the Company specified above at the Option Exercise Price per Share specified above subject to the terms and conditions set forth herein and in the Plan. For the avoidance of doubt, this Award is not issued under the Company’s 2026 Stock Option and Incentive Plan, as amended from time to time, and does not reduce the share reserve under such equity plan. This Award has been granted as an inducement pursuant to Rule 5635(c)(4) of the Marketplace Rules of The Nasdaq Stock Market LLC. This Stock Option is not intended to be an “incentive stock option” under Section 422 of the Internal Revenue Code of 1986, as amended.