Common use of Stock Grant Clause in Contracts

Stock Grant. Executive will be granted one hundred sixty thousand (160,000) restricted shares of Common Stock (the “Stock Grant”) as part of his equity compensation component. The stock will vest pursuant to the following schedule when the price thresholds identified immediately below have been achieved, which thresholds will be measured and approved based on a 30-trading day volume weighted average price (VWAP):

Stock Grant. Executive will be granted one hundred sixty thousand million (160,0001,000,000) restricted shares of Common Stock (the “Stock Grant”) ), as part of his equity compensation component. The stock will fully vest pursuant to the following schedule when the price thresholds identified immediately below have been achievedper share of the Common Stock, which thresholds will be measured and approved based on a 30-trading day volume weighted average price (VWAP):) is equal to at least $0.20 per share.

Stock Grant. Executive will be granted one hundred sixty thousand (160,000) restricted 1% of the Company’s total outstanding shares of Common Stock (the “Stock Grant”) ), calculated after the Rights Offering, as part of his equity compensation component. The stock will vest pursuant to the following schedule when the price thresholds identified immediately below have been achieved, which thresholds will be measured and approved based on a 30-trading day volume weighted average price (VWAP):): o 20% @ $0.30/share o 30% @ $0.40/share o 30% @ $0.50/share o 20% @ $0.60/share

Stock Grant. Executive will be granted one hundred sixty thousand million (160,0001,000,000) restricted shares of Common Stock (the “Stock Grant”) as part of his equity compensation component. The stock will vest pursuant to the following schedule when the at such time that a $0.20/share price thresholds identified immediately below have threshold has been achieved, which thresholds threshold will be measured and approved based on a 30-trading day volume weighted average price (VWAP):). Reference is also made to Executive’s prior stock grant, which is reflected on Exhibit C attached hereto.

Stock Grant. Executive will be granted one hundred sixty thousand (160,000) restricted 2% of the Company’s total outstanding shares of Common Stock (the “Stock Grant”) ), calculated after the Rights Offering, as part of his equity compensation component. The stock will vest pursuant to the following schedule when the price thresholds identified immediately below have been achieved, which thresholds will be measured and approved based on a 30-trading day volume weighted average price (VWAP):): o 20% @ $0.30/share o 30% @ $0.40/share o 30% @ $0.50/share o 20% @ $0.60/share