Common use of Grant and Terms of Option Clause in Contracts

Grant and Terms of Option. Pursuant to action of the Compensation Committee of the Board of Directors of the Company (“Compensation Committee”), the Company grants, effective May 20, 2019 (“Date of Grant”) to Optionee the option to purchase all or any part of 100,000 shares of the common stock of the Company ("Common Stock") planned to vest over four (4) years as set forth in the table below, at the purchase price of $19.28 per share, which is the fair market value of the Common Stock determined as the NASDAQ official closing price on the Date of Grant; provided, however, that the right to exercise such option shall be, and is hereby, restricted as follows: (a) No shares may be purchased prior to May 20, 2019. Subject to the terms of this Agreement, the 100,000 stock options shall vest in installments provided that the following conditions are triggered:

Grant and Terms of Option. Pursuant to action of the Compensation Committee of the Board of Directors of the Company (“Compensation CommitteeBoard of Directors”), the Company grants, effective May 20June 22, 2019 2018 (“Date of Grant”) to Optionee the option to purchase all or any part of 100,000 Fifty Thousand (50,000) shares of the common stock of the Company ("Common Stock") planned ), to vest annually over a period of four (4) years as set forth in the table belowbelow table, at the purchase price of $19.28 16.65 per share, which is the fair market value of the Common Stock determined as the official NASDAQ official closing share price on the Date of Grant; provided, however, that the right to exercise such option shall be, and is hereby, restricted as follows: (a) No shares may be purchased prior to May 20June 22, 20192018. Subject to the terms of this Agreement, the 100,000 50,000 stock options shall vest in installments provided that the following conditions are triggeredannually as follows:

Grant and Terms of Option. Pursuant to action of the Compensation Committee of the its Board of Directors of the Company (“Compensation Committee”)Directors, the Company grants, effective May 20June 7, 2019 2018 (“Date of Grant”) ), to Optionee the option to purchase all or any part of 100,000 One Hundred Thousand (100,000) shares of the common stock of the Company ("Common Stock") planned to vest over four for a period of three (43) years as set forth in from the table belowDate of Grant, at the purchase price of $19.28 17.75 per share, which is the fair market value of the Common Stock determined as the official NASDAQ official closing share price on the Date of Grant; , provided, however, that the right to exercise such option shall be, and is hereby, restricted as follows: (a) No shares may be purchased prior to May 20June 8, 20192018. Subject to (i) the terms of this Agreement, and (ii) that Optionee continues to perform services for the Company as a consultant prior to the applicable vesting date, the 100,000 stock options shall vest in three installments provided that the following conditions are triggered:

Grant and Terms of Option. Pursuant to action of the Compensation Committee of the Board of Directors of the Company (“Compensation CommitteeBoard of Directors”), the Company grants, effective May 2014, 2019 2018, (“Date of Grant”) ), to Optionee the option to purchase all or any part of 100,000 Fifty Thousand (50,000) shares of the common stock of the Company ("Common Stock") planned ), to vest annually over a period of four (4) years as set forth in the table belowbelow table, at the purchase price of $19.28 14.70 per share, which is the fair market value of the Common Stock determined as the official NASDAQ official closing share price on the Date of Grant; provided, however, that the right to exercise such option shall be, and is hereby, restricted as follows: (a) No shares may be purchased prior to May 2014, 2019. Subject to the terms of this Agreement, the 100,000 50,000 stock options shall vest in installments provided that the following conditions are triggeredannually as follows: