NON-STATUTORY STOCK OPTION AGREEMENTNon-Statutory Stock Option Agreement • October 14th, 2021 • Biomerica Inc • In vitro & in vivo diagnostic substances • California
Contract Type FiledOctober 14th, 2021 Company Industry JurisdictionThis Stock Option Agreement (the “Agreement”) is made and entered into effective as of the date set forth on the Signature Page attached hereto by and between Biomerica, Inc., a Delaware corporation (the “Corporation”), and that person identified on the Signature Page below and attached hereto (the “Optionee”). This option is not intended to qualify and will not be treated as an “incentive stock option” with the meaning of Section 422 of the Internal Revenue Code (the “Code.”)