DEBT EXTENSION AGREEMENTDebt Extension Agreement • January 26th, 2022 • PASSUR Aerospace, Inc. • Search, detection, navagation, guidance, aeronautical sys • New York
This Debt Extension Agreement (this “Agreement”) is made and entered into as of this 26th day of January 2022, by and between G. S. Beckwith Gilbert, of 35 Vista Drive, Greenwich, CT 06830 (“Lender”), and PASSUR Aerospace, Inc. (formerly MEGADATA CORPORATION), a New York corporation, with a principal place of business at 3452 Lake Lynda Drive, Suite 190, Orlando FL, 32817 (“Borrower” or “PASSUR Aerospace”):
PASSUR AEROSPACE, INC. INCENTIVE STOCK OPTION AGREEMENT FOR [ insert name of optionee here ] Agreement2009 Stock Incentive Plan • January 26th, 2022 • PASSUR Aerospace, Inc. • Search, detection, navagation, guidance, aeronautical sys
PASSUR AEROSPACE, INC.2019 Stock Incentive Plan • January 26th, 2022 • PASSUR Aerospace, Inc. • Search, detection, navagation, guidance, aeronautical sys
Grant of Option. PASSUR Aerospace, Inc. (the “Company”) hereby grants, as of [Date] (the “Date of Grant”), to [Grantee] (the “Grantee”) an Award of Restricted Stock Units (the “RSU”) with respect to [___________] shares of the Company’s common stock, $0.01 par value per share (the “Grant”). The RSU shall be subject to the terms and conditions in this Agreement (the “Agreement”). The RSUs are being granted pursuant to the Company’s 2019 Stock Incentive Plan, as amended (the “Plan”), which is incorporated herein for all purposes. The Grantee hereby acknowledges receipt of a copy of the Plan and agrees to be bound by all of the terms and conditions hereof and thereof and all applicable laws and regulations.
