Common use of Grant; Type of Option Clause in Contracts

Grant; Type of Option. The Company hereby grants to the Participant an option (the “Option”) to purchase the number of Shares of Common Stock of the Company equal to the number of Option Shares set forth above. The Option is being granted pursuant to the terms of the BioRestorative Therapies, Inc. 2021 Stock Incentive Plan (the “Plan”). The Option is intended to be an Incentive Stock Option within the meaning of Section 422 of the Code to the maximum extent permitted by Applicable Law, although the Company makes no representation or guarantee that the Option will qualify as an Incentive Stock Option.

Grant; Type of Option. The Company hereby grants to the Participant an option (the “Option”) to purchase the number of Shares of Common Stock of the Company equal to the number of Option Shares set forth above. The Option is being granted pursuant to the terms of the BioRestorative Therapies, Inc. 2021 Stock Incentive Plan (the “Plan”). The Option is intended to be a Non-Qualified Stock Option and not an Incentive Stock Option within the meaning of Section 422 of the Code to the maximum extent permitted by Applicable Law, although the Company makes no representation or guarantee that the Option will qualify as an Incentive Stock OptionCode.

Grant; Type of Option. The Company hereby grants to the Participant an option (the “Option”) to purchase the number of Shares of Common Stock of the Company equal to the number of Option Shares set forth above. The Option is being granted pursuant to the terms of the BioRestorative Therapies, Inc. 2021 Stock Incentive Plan (the “Plan”). The Option is intended to be an Incentive Stock Option within the meaning of Section 422 of the Code to the maximum extent permitted by Applicable LawCode, although the Company makes no representation or guarantee that the Option will qualify as an Incentive Stock Option.

Grant; Type of Option. The Company hereby grants to the Participant an option (the “Option”) to purchase the total number of Shares shares of Common Stock of the Company equal to the number of Option Shares set forth above, at the Exercise Price set forth above. The Option is being granted pursuant to the terms of the BioRestorative TherapiesUnited Security Bancshares, Inc. 2021 Stock 2013 Incentive Plan (the “Plan”). The Option is intended to be a Nonqualified Stock Option and not an Incentive Stock Option within the meaning of Section 422 of the Code to the maximum extent permitted by Applicable Law, although the Company makes no representation or guarantee that the Option will qualify as an Incentive Stock OptionInternal Revenue Code.

Grant; Type of Option. The Company hereby grants to the Participant an option (the “Option”) to purchase the total number of Shares shares of Common Stock of the Company equal to the number Number of Option Shares set forth above, at the Exercise Price set forth above. The Option is being granted pursuant to the terms of the BioRestorative TherapiesUnited Security Bancshares, Inc. 2021 Stock 2013 Incentive Plan (the “Plan”). The Option is intended to be a Nonqualified Stock Option and not an Incentive Stock Option within the meaning of Section 422 of the Code to the maximum extent permitted by Applicable Law, although the Company makes no representation or guarantee that the Option will qualify as an Incentive Stock OptionInternal Revenue Code.

Grant; Type of Option. The Company hereby grants to the Participant an option (the “Option”) to purchase the number of Shares of Common Stock of the Company equal to the number of Option Shares set forth above. The Option is being granted pursuant to the terms of the BioRestorative Therapies, Inc. 2021 Stock Incentive Plan (the “Plan”). The Option is intended to be an Non-Qualified Stock Option and not an Incentive Stock Option within the meaning of Section 422 of the Code to the maximum extent permitted by Applicable Law, although the Company makes no representation or guarantee that the Option will qualify as an Incentive Stock OptionCode.