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Re: iateclube post# 75542

Tuesday, 08/25/2015 7:09:19 PM

Tuesday, August 25, 2015 7:09:19 PM

Post# of 232869
Or he is getting the chute and that is why the agreement is in place for 9 months and during that time he is entitle to compensation under every previous incentive plan:

Executive has previously been granted stock options and other compensatory equity awards under the Company’s 2002 Equity Incentive Plan, 2012 Equity Incentive Plan and 2015 Equity Incentive Plan (the “Plans”) as set forth on Exhibit A (the “Affected Awards”). Provided Executive (i) continues to make himself available for consulting services as contemplated by Section 3 and (ii) has not otherwise breached this Agreement, the Company will permit Executive to continue to vest in the Affected Awards at the regular monthly rate of vesting set forth in the award agreements, until the End Date. All Affected Awards will terminate, and cease to be exercisable, on the End Date. Executive agrees and confirms that he is not entitled to any stock options or other equity awards other than the Affected Awards set forth on Exhibit A.



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