OPTION TO PURCHASE SHARES OF COMMON STOCK OF NANO MAGIC INC.Nano Magic Inc. • November 19th, 2024 • Coating, engraving & allied services • Delaware
This Option is granted to ___________ (the “Holder”) and entitles Holder to purchase, at a price of $0.31 per share (the “Exercise Price”) subject to adjustment under Section 4 below), from Nano Magic Inc., a Delaware corporation (the “Company”), at any time and from time to time until on or before the 5th anniversary of the date stated above, up to ________ fully paid and nonassessable shares (the “Option Shares”) of Common Stock, $0.0001 par value per share (the “Stock”).
OPTION TO PURCHASE SHARES OF COMMON STOCK OF NANO MAGIC INC.Nano Magic Inc. • November 19th, 2024 • Coating, engraving & allied services • Delaware
This Option is granted under Exhibit B to the Employment Agreement between the Holder and the Company and certifies that Tom J. Berman (the “Holder”) is entitled for a term of 5 years from the date above to purchase, at a price of $0.31 per share (the “Exercise Price”) subject to adjustment under Section 4 below), from Nano Magic Inc., a Delaware corporation (the “Company”), up to 500,000 fully paid and nonassessable shares (the “Option Shares”) of Common Stock, $0.0001 par value per share (the “Stock”) (subject to vesting under Section 1).
