CYTODYN INC. STOCK OPTION AWARD AGREEMENT (FOR NON-EMPLOYEE DIRECTORS)Stock Option Award Agreement • July 24th, 2013 • Naydenov Jordan G • Pharmaceutical preparations • Oregon
This STOCK OPTION AWARD AGREEMENT (this “Option Agreement”) is made effective as of June 1, 2013, by and between CytoDyn Inc., a Colorado corporation (the “Corporation”), and Jordan Naydenov (the “Participant”).
THIS STOCK OPTION AND THE COMMON STOCK ISSUABLE UPON EXERCISE HEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 OR APPLICABLE STATE SECURITIES LAWS. NEITHER THIS STOCK OPTION NOR THE COMMON STOCK ISSUABLE UPON EXERCISE HEREOF MAY BE...Stock Option Award Agreement • July 24th, 2013 • Naydenov Jordan G • Pharmaceutical preparations • Oregon
This STOCK OPTION AWARD AGREEMENT (this “Option Agreement”) is made August 9, 2011, by and between CytoDyn Inc., a Colorado corporation (the “Company”), and Jordan Naydenov (the “Grantee”).
FORM OF 2009 COMMON STOCK WARRANT AGREEMENTNaydenov Jordan G • July 24th, 2013 • Pharmaceutical preparations • California
This is to certify that, for value received, Jordan Naydenov, or a proper assignee (in case, the “Holder”), is entitled to purchase, subject to the provisions of this Warrant A, from CytoDyn, Inc (“CytoDyn”), at any time after 180 days from the date of the execution of the (Promissory Note) (the “Commencement Date”) to 5:00 p.m., California time, on the next business day five (5) years form the Commencement Date, (the “Expiration Date”) at which time this Warrant A shall expire and become void, one (1) share for each $1.00 invested, (“Warrant A Shares”) of Common Stock (the “Common Stock”) of CytoDyn, Inc., a Colorado corporation (the “Company”). This Warrant A shall be exercisable at One Dollar ($1.00) per share (the “Exercise Price”). The number of shares of Common Stock to be received upon exercise of this Warrant A and the Exercise price shall be adjusted from time to time as set forth below. This Warrant A also is subject to the following terms and conditions:
