OPTION TO PURCHASE COMMON STOCKPurchase Common Stock • January 12th, 2012 • Bitzio, Inc. • Sugar & confectionery products • Nevada
THIS CERTIFIES that, for value received, Jose Rivera (the “Holder”), shall be entitled to acquire from BITZIO, INC., a Nevada corporation (the “Company”), subject to the terms and conditions contained herein, at any time during the period from 9:00 a.m. (Pacific Time) on January 7, 2012 through 5:00 p.m. (Pacific Time) on January 6, 2017 or such earlier date as provided herein (the “Exercise Period”), 500,000 shares (individually, a “Option Share” and collectively, the “Option Shares”) of “Common Stock” (as hereinafter defined), at a purchase price of $0.28 per share (the “Exercise Price”), subject to adjustment from time to time pursuant to the provisions of Section 2. For purposes of this Option, the term “Common Stock” shall mean the $0.001 par value common stock of the Company.
