JAMBA JUICE COMPANY

NON-QUALIFIED STOCK OPTION AGREEMENT

THIS AGREEMENT is made as of the date set forth above between Jamba Juice Company, a California corporation (the "Company"), and the Optionee named above (the "Optionee").

RECITAL

The Board of Directors of the Company, or a duly appointed Compensation Committee (either of which is referred to herein as the "Committee") thereof, has determined that it is to the advantage and interest of the Company and its shareholders to grant the option provided for herein to the Optionee as an inducement to remain in the service of the Company and as an incentive for increased effort during such service. In consideration of the mutual covenants herein contained, the parties hereto agree as follows:

1. Grant of Option

(a) Pursuant to and subject to the terms and conditions of the Company's Amended and Restated 1994 Stock Incentive Plan (the "Plan") to the Optionee the right and option (the "Option") to purchase on the terms and conditions hereinafter set forth all or any part of an aggregate of shares (the "Shares") of the presently authorized and unis sued Common Stock of the Company (the "Common Stock") at the purchase price of $______per share. Unless otherwise specified on Exhibit "a" attached hereto, the Option shall be exercisable as follows:

(i) At the end of the first year from the date of grant, 25% of the shares subject to the Option, or any part thereof; and

(ii) In equal monthly installments over the next three years, the remaining 75% of the shares subject to the Option, or any part thereof.

(b) Nothing contained herein shall be construed to limit or restrict the right of the Company to terminate the Optionee's employment at any time, with or without cause, or to increase or decrease the Optionee's compensation from the rate in existence at the time the Option is granted.

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