SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Zia Sun(zsun) -- Ignore unavailable to you. Want to Upgrade?


To: Francois Goelo who wrote (5552)11/7/1999 8:33:00 PM
From: StockDung  Respond to of 10354
 
Re: GEOFFREY EITEN and Juni Subject 30086

SCHEDULE A-2

GRANT OF OPTIONS TO GEOFFREY EITEN IN ADVANCE OF SERVICES RENDERED

A. Grant of Options and Option Exercise Price. As compensation for the
services to be rendered by Consultant hereunder, Client herewith issues and
grants to Consultant stock options (the "Options") to purchase an aggregate of
2,500,000 shares of Client's Common Stock at an exercise price of $.06 per
share. The Options are exercisable upon and subject to the terms and conditions
contained herein. The Options are exercisable during the period commencing on
the date hereof and ending five years subsequent to the termination date of this
Agreement. Additional options will be issued by the Client to the Consultant to
maintain the Consultant's stock position at 10% of the outstanding shares not
including acquisitions not brought forth by the Consultant. Employee, board of
directors, internal consultants, Anthony V. Milone, Terry S. Klein and outside
sales reps stock options will not be part of the consideration when determining
the amount of options to be granted to the Consultant. Options will be
distributed on a quarterly basis.