0001354488-15-000734 Sample Contracts

ALGAE DYNAMICS CORP. NONQUALIFIED SHARE OPTION AGREEMENT

Nonqualified Share Option Agreement • February 18th, 2015 • Algae Dynamics Corp. • Medicinal chemicals & botanical products • Ontario

• Contract Type
  Nonqualified Share Option Agreement
• Filed
  February 18th, 2015
• Company
  Algae Dynamics Corp.
• Industry
  Medicinal chemicals & botanical products
• Jurisdiction
  Ontario

THIS NONQUALIFIED SHARE OPTION AGREEMENT (this “Agreement”) dated December 11, 2014 between Algae Dynamics Corp., a Canadian corporation (the “Company”), and Ross Eastley (“Optionee”).

ALGAE DYNAMICS CORP. NONQUALIFIED SHARE OPTION AGREEMENT

Nonqualified Share Option Agreement • February 18th, 2015 • Algae Dynamics Corp. • Medicinal chemicals & botanical products • Ontario

• Contract Type
  Nonqualified Share Option Agreement
• Filed
  February 18th, 2015
• Company
  Algae Dynamics Corp.
• Industry
  Medicinal chemicals & botanical products
• Jurisdiction
  Ontario

THIS NONQUALIFIED SHARE OPTION AGREEMENT (this “Agreement”) dated December 11, 2014 between Algae Dynamics Corp., a Canadian corporation (the “Company”), and Sandra Elsley (“Optionee”).

MUTUAL RELEASE AGREEMENT

Mutual Release Agreement • February 18th, 2015 • Algae Dynamics Corp. • Medicinal chemicals & botanical products

• Contract Type
  Mutual Release Agreement
• Filed
  February 18th, 2015
• Company
  Algae Dynamics Corp.
• Industry
  Medicinal chemicals & botanical products

This document is a mutual release (“Release”) between ALGAE DYNAMICS CORP., a Canadian corporation (the “Company”), and SANDRA ELSLEY, an Ontario resident (“Elsley”). At times, the individual and entity set forth above will be collectively referred to as the “Parties.”