X0202 4 2007-01-16 0 0000894237 VISION SCIENCES INC /DE/ VSCI 0001217421 HADANI RON 417 RUTLAND AVENUE TEANECK NJ 07666 1 1 0 0 Chief Executive Officer Non-Qualified Stock Option 2007-01-16 4 A 0 400000 0 A 2017-01-19 Common Stock 400000 1520000 D The exercise price for such options shall be equal to the market price on closing of The Nasdaq Stock Market on January 19, 2007. The options shall vest in two installments based on certain milestones. Such milestones represent target levels or other achievements with respect to specific quantitative or qualitative performance related factors, or factors or criteria involving confidential commercial or business information, the disclosure of which would have an adverse effect on the Company and therefore have been omitted. /s/ Ron Hadani 2007-01-18