Common use of Filing Effective Date Bonus Clause in Contracts

Filing Effective Date Bonus. If the Company’s Public Filing becomes effective on or before the date (the “Public Filing Effective Deadline”) that is the latest of: (A) twelve (12) months immediately following GSE Approval, (B) six (6) months immediately following the Public Filing, or (C) such later Public Filing effective date as approved by a vote stockholders holding at least seventy-five percent (75%) of the Registrable Shares, the Executive shall receive an additional lump sum cash payment from the Company equal to $200,000 (“Effective Date Bonus”), to be paid as soon as practicable after the Public Filing becomes effective, but in no event shall it be paid more than thirty (30) days thereafter. Executive’s eligibility for the bonus described in this section is subject to Executive’s continuing employment through the date that the Public Filing becomes effective, provided that if the Company terminates Executive’s employment with the Company without “Cause” or he resigns for “Good Reason” prior to the Public Filing Effective Deadline, then Executive shall remain eligible to receive 50% of the Effective Date Bonus, subject to the Public Filing becoming effective prior to the Public Filing Effective Date Deadline with such portion of the Effective Date Bonus to be paid at the same time as if the Executive had remained employed by the Company through the date that the Public Filing becomes effective. EXHIBIT 10.10

Filing Effective Date Bonus. If the Company’s Public Filing becomes effective on or before the date (the “Public Filing Effective Deadline”) that is the latest of: (A) twelve (12) months immediately following GSE Approval, (B) six (6) months immediately following the Public Filing, or (C) such later Public Filing effective date as approved by a vote stockholders holding at least seventy-five percent (75%) of the Registrable Shares, the Executive shall receive an additional lump sum cash payment from the Company equal to $200,000 300,000 (“Effective Date Bonus”), to be paid as soon as practicable after the Public Filing becomes effective, but in no event shall it be paid more than thirty (30) days thereafter. Executive’s eligibility for the bonus described in this section is subject to Executive’s continuing employment through the date that the Public Filing becomes effective, provided that if the Company terminates Executive’s employment with the Company without “Cause” or he resigns for “Good Reason” prior to the Public Filing Effective Deadline, then Executive shall remain eligible to receive 50% of the Effective Date Bonus, subject to the Public Filing becoming effective prior to the Public Filing Effective Date Deadline with such portion of the Effective Date Bonus to be paid at the same time as if the Executive had remained employed by the Company through the date that the Public Filing becomes effective. EXHIBIT 10.1010.8