Form for Option Cancellation Agreement Sample Contracts

FORM FOR OPTION CANCELLATION AGREEMENT
Form for Option Cancellation Agreement • August 7th, 2013 • Cig Wireless Corp. • Communications services, nec • New York

THIS OPTION CANCELLATION AGREEMENT (the “Agreement”) is effective as of date forth on the signature page hereof by and among CiG Wireless Corp., a corporation incorporated in the State of Nevada (the “Company”) and the holder of options to purchase the Company’s common stock signatory hereto (the “Optionee”). Capitalized terms used herein and not otherwise defined shall have the meanings given to them in the Securities Purchase Agreement (the “Securities Purchase Agreement”) dated August 1, 2013 by and among the Company and each of the investors set forth on Schedule I thereto, as such Schedule may be amended from time to time in accordance with the terms of Securities Purchase Agreement.

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