Common use of Accelerated Option Vesting Clause in Contracts

Accelerated Option Vesting. Option shares shall vest at the earlier of, (i) the vesting schedule as outlined in paragraph (e) above, and (ii) the Company’s achievement of cumulative gross revenue milestones (i.e., the sum of all revenues recognized since commencement of operations), with cumulative revenue milestones and amount of shares vesting as follows: $1,400,000 – $1,800,000 1,000,000 $1,800,001 – $2,200,000 1,000,000 $2,200,001 – $2,600,000 1,000,000 $2,600,001 – $3,000,000 1,000,000 $3,000,001 – $3,400,000 1,000,000 $3,400,001 – $3,800,000 1,000,000 $3,800,001 – $4,200,000 1,000,000 $4,200,001 – $4,600,000 1,000,000 Greater than $4,600,000 1,000,000

Accelerated Option Vesting. Option shares shall vest at the earlier of, (i) the vesting schedule as outlined in paragraph (e) above, and (ii) the Company’s achievement of cumulative gross revenue milestones (i.e., the sum of all revenues recognized since commencement of operations), with cumulative revenue milestones and amount of shares vesting as follows: $1,400,000 – $1,800,000 1,000,000 500,000 $1,800,001 – $2,200,000 1,000,000 500,000 $2,200,001 – $2,600,000 1,000,000 500,000 $2,600,001 – $3,000,000 1,000,000 500,000 $3,000,001 – $3,400,000 1,000,000 500,000 $3,400,001 – $3,800,000 1,000,000 500,000 $3,800,001 – $4,200,000 1,000,000 500,000 $4,200,001 – $4,600,000 1,000,000 500,000 Greater than $4,600,000 1,000,000500,000