RECITALSNon-Qualified Stock Option Agreement • September 16th, 2002 • Reality Wireless Networks Inc • Services-computer programming services • Washington
September 12, 2002Reality Wireless Networks Inc • September 16th, 2002 • Services-computer programming services
In connection with the registration on Form S-8 under the Securities Act of 1933, as amended, of 1,000,000 shares of common stock (the "Shares") to be issued under (i) the Reality Wireless Networks, Inc. (the "Company") 2001 Stock Option Plan (the "Plan"), (ii) the Non-Qualified Stock Option Agreement dated May 9, 2002 by and between the Company and Mr. Breckenridge McKinley, (iii) the Non-Qualified Stock Option Agreement dated June 7, 2002 by and between the Company and The Otto Law Group, PLLC, (iv) the Non-Qualified Stock Option Agreement dated September 11, 2002 by and between the Company and Jay Schrewter, we have examined such documents and have reviewed such questions of law as we have considered necessary and appropriate for the purposes of this opinion and, based thereon, we advise you that, in our opinion, when the Shares have been issued and sold pursuant to the applicable provisions of the Plan, each of the above-referenced non-qualified stock option agreements and in accor
