EXHIBIT 99.3


                             STOCK OPTION AGREEMENT

GRANTEE:          SAMPLE                             OPTION NO.        XX-XX-XXX

ADDRESS: ______________________


OPTION TO PURCHASE:            ____________ (______) SHARES of CRYO-CELL
                               International, Inc. COMMON STOCK

 EXERCISE PRICE PER SHARE:     _______ and __/100 Dollars ($_____)

 EXPIRATION DATE:              ______________

         CRYO-CELL International, Inc. (CCEL), (the "Grantor"), hereby grants to
the above named Grantee an option to purchase shares of its Common Stock at the
purchase price above. The grant of option(s) is pursuant to and subject to all
terms and conditions agreed upon between the Grantor and Grantee. The price per
share and number of shares will be adjusted in the event of a stock split, stock
dividend, merger or consolidation or other recapitalization.

         Unless otherwise provided by rider to the Option Agreement, signed by
both the Grantor and the Grantee, this Agreement entitles the Grantee to
purchase the stock or any portion thereof within the specified three (3) year
period. The options granted hereunder shall expire at the end of the five year
period.

         Options may be exercised subject to Rule 144 holding period by written
notice given by the Grantee to the Grantor on forms provided by the Grantor for
such purpose. The purchase price of the shares under this Option Agreement shall
be paid in full at the time of exercise. Shares issued hereunder will not be
registered under the Securities Act and will bear a restrictive legend, which
enables the Grantee to sell their shares pursuant to SEC Rule 144.

This Option Agreement is not assignable or transferable.

CRYO-CELL International, Inc.


By:__________________________________                 __________________________
     Daniel D. Richard, CEO                           Non-Employee Director