Common use of GRANT TERMINATION Clause in Contracts

GRANT TERMINATION. The Company hereby grants to the Participant Options to purchase a total of Fifteen Thousand (15,000) shares of Common Stock of the Company, exercisable as provided in the vesting schedule set forth in Section 4 below at Two Dollars ($2.00) per share (the “Option Price”). These Options shall terminate 12 months after the Participant’s death or total disability, or ten years from the Award Date.

GRANT TERMINATION. The Company hereby grants to the Participant Options to purchase a total of Fifteen Thousand One Million (15,0001,000,000) shares of Common Stock of the Company, exercisable as provided in the vesting schedule set forth in Section 4 below at Two Dollars Thirty Cents ($2.000.30) per share (the “Option Price”). These Options shall terminate 12 months after the Participant’s death or total disability, or ten years from the Award Date.

GRANT TERMINATION. The Company hereby grants to the Participant Options to purchase a total of Fifteen One Hundred Thousand (15,000100,000) shares of Common Stock of the Company, exercisable as provided in the vesting schedule set forth in Section 4 below at Two Dollars Thirty Cents ($2.000.30) per share (the “Option Price”). These Options shall terminate 12 months after the Participant’s death or total disability, or ten years from the Award Date.

GRANT TERMINATION. The Company hereby grants to the Participant Options to purchase a total of Fifteen Five Hundred Thousand (15,000500,000) shares of Common Stock of the Company, exercisable as provided in the vesting schedule set forth in Section 4 below at Two Dollars Fifty Cents ($2.000.50) per share (the “Option Price”). These Options shall terminate 12 months after the Participant’s death or total disability, or ten years from the Award Date.

GRANT TERMINATION. The Company hereby grants to the Participant Options to purchase a total of Fifteen Thousand (15,000Ten Thousand(10,000) shares of Common Stock of the Company, exercisable as provided in the vesting schedule set forth in Section 4 below at Two Eight Dollars ($2.008.00) per share (the “Option Price”). These Options shall terminate 12 months after the Participant’s death or total disability, or ten years from the Award Date.

GRANT TERMINATION. The Company hereby grants to the Participant Options to purchase a total of Fifteen Thousand (15,000Twenty Five Thousand(25,000) shares of Common Stock of the Company, exercisable as provided in the vesting schedule set forth in Section 4 below at Two Four Dollars ($2.004.00) per share (the “Option Price”). These Options shall terminate 12 months after the Participant’s death or total disability, or ten years from the Award Date.

GRANT TERMINATION. The Company hereby grants to the Participant Options to purchase a total of Fifteen Twenty Thousand (15,00020,000) shares of Common Stock of the Company, exercisable as provided in the vesting schedule set forth in Section 4 below at Two Ten Dollars ($2.0010.00) per share (the “Option Price”). These Options shall terminate immediately upon termination for Cause, 12 months after the Participant’s death or total disability, or ten years from the Award Date.

GRANT TERMINATION. The Company hereby grants to the Participant Options to purchase a total of Fifteen Ten Thousand (15,00010,000) shares of Common Stock of the Company, exercisable as provided in the vesting schedule set forth in Section 4 below at Two Ten Dollars ($2.0010.00) per share (the “Option Price”). These Options shall terminate immediately upon termination for Cause, 12 months after the Participant’s death or total disability, or ten years from the Award Date.