ORBSAT CORP RESTRICTED STOCK AGREEMENT (Non-Assignable)Restricted Stock Agreement • March 31st, 2022 • NextPlat Corp • Telephone communications (no radiotelephone) • Florida
THIS RESTRICTED STOCK AGREEMENT (this “Agreement”) certifies that on December 16, 2021 (the “Award Date”), Charles M. Fernandez (“Holder”) was awarded a restricted stock award of 275,000 shares of fully paid and non-assessable shares (the “Restricted Shares”) of the common stock (par value $0.0001 per share) of Orbsat Corp (the “Corporation”), a Nevada corporation, which Restricted Shares shall vest and be issued pursuant to the vesting schedule set forth in Paragraph 1(b) below (the “Vesting Schedule”). A determination of the Compensation Committee (the “Committee”) of the Board of Directors of the Corporation (the “Board”) as to any questions which may arise with respect to the interpretation of the provisions of this award shall be final.
ORBSAT CORP STOCK OPTION AGREEMENTStock Option Agreement • March 31st, 2022 • NextPlat Corp • Telephone communications (no radiotelephone) • Nevada
This STOCK OPTION AGREEMENT (the “Option Agreement”), effective as of the October 8, 2021 (the “Grant Date”), is between Orbsat Corp, a Nevada corporation (the “Company”), and Andrew S. Cohen (the “Optionee”), the Executive Vice President of the Company.
ORBSAT CORP RESTRICTED STOCK AGREEMENT (Non-Assignable)Orbsat Corp • March 31st, 2022 • NextPlat Corp • Telephone communications (no radiotelephone) • Florida
THIS CERTIFIES that on October 8, 2021 (the “Award Date”), Andrew S. Cohen (“Holder”) was issued a restricted stock award of 25,000 shares of fully paid and non-assessable shares (“Restricted Shares”) of the Common Stock (par value $0.0001 per share) of Orbsat Corp (the “Corporation”), a Nevada corporation, which Restricted Shares shall be issued pursuant to the vesting schedule set forth in Paragraph 1(b) below (the “Vesting Schedule”). A determination of the Compensation Committee (the “Committee”) of the Board of Directors of the Corporation (the “Board”) as to any questions which may arise with respect to the interpretation of the provisions of this award shall be final.
