OPTION SURRENDER AGREEMENTOption Surrender Agreement • May 15th, 2015 • Vape Holdings, Inc. • Electric housewares & fans • California
The undersigned holder of non-statutory stock options (the “Company Options”) to acquire shares of common stock of the Company, par value $0.00001, granted pursuant to the 2014 Incentive and Nonstatutory Stock Option Plan (the “Plan”), agrees to surrender each Company Option set forth on Exhibit A hereto (the “Surrendered Options”). The undersigned is permitted to surrender, for no consideration, Company Options pursuant to Section 10 of their Nonstatutory Stock Option Agreement (the “Option Agreement”)
STOCK SURRENDER AGREEMENTStock Surrender Agreement • May 15th, 2015 • Vape Holdings, Inc. • Electric housewares & fans • California
This STOCK SURRENDER AGREEMENT (the “Agreement”) dated as of May 11, 2015, by and among the individuals listed on Schedule A (each a “Shareholder” and collectively, “Shareholders”) and VAPE Holdings, Inc. (the “Company”).
