0001214659-20-003959 Sample Contracts

INCENTIVE STOCK OPTION AGREEMENT
Incentive Stock Option Agreement • May 1st, 2020 • VerifyMe, Inc. • Miscellaneous chemical products • Nevada

THIS INCENTIVE STOCK OPTION AGREEMENT (the “Agreement”) entered into as of January 7, 2020 (the “Grant Date”) between VerifyMe, Inc., (the “Company”) and Margaret Gezerlis (the “Optionee”).

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RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • May 1st, 2020 • VerifyMe, Inc. • Miscellaneous chemical products • Nevada

This Restricted Stock Agreement (this “Agreement”) entered into as of April 16, 2020, sets forth the terms and conditions of an award (this “Award”) of restricted stock granted by VerifyMe, Inc., a Nevada corporation (the “Company”), to Patrick White (the “Recipient”).

FORM OF NON-QUALIFIED STOCK OPTION AGREEMENT
Form of Non-Qualified Stock Option Agreement • May 1st, 2020 • VerifyMe, Inc. • Miscellaneous chemical products • Nevada

THIS NON-QUALIFIED STOCK OPTION AGREEMENT (the “Agreement”) entered into as of ________ (the “Grant Date”) between VerifyMe, Inc., (the “Company”) and ________ (the “Optionee”).

VERIFYME, INC. Amendment to NON-QUALIFIED STOCK OPTION AGREEMENT
Non-Qualified Stock Option Agreement • May 1st, 2020 • VerifyMe, Inc. • Miscellaneous chemical products

This Amendment (the “Amendment”), dated as of April 16, 2020, by and between VerifyMe, Inc., a Nevada corporation (the “Company”), and Norman Gardner (the “Optionee”), amends the Non-Qualified Option Agreement (the “Agreement”) dated January 2018 by and between the Company and the Optionee. Terms used herein and otherwise undefined have the meanings given such terms in the Agreement.

VERIFYME, INC. Amendment to NON-QUALIFIED STOCK OPTION AGREEMENTS NON-Plan
Non-Qualified Stock • May 1st, 2020 • VerifyMe, Inc. • Miscellaneous chemical products

This Amendment (the “Amendment”), dated as of April 16, 2020, by and between VerifyMe, Inc., a Nevada corporation (the “Company”), and Patrick White (the “Optionee”), amends the Non-Qualified Option Agreement Non-Plan dated April 17, 2018 and the Non-Qualified Option Agreement Non-Plan dated August 2017, each by and between the Company and the Optionee (collectively, the “Agreements”). Terms used herein and otherwise undefined have the meanings given such terms in the respective Agreement.

VERIFYME, INC.
Letter Agreement • May 1st, 2020 • VerifyMe, Inc. • Miscellaneous chemical products • New York

This letter agreement sets forth the agreement between VerifyMe, Inc., a Nevada corporation (the “Company”), and you, Bruce Evans (the “Investor”) in connection with your unsecured promissory note from the Company for the principal amount of $75,000 (the “Note”) and your investment in the Company’s February 2020 private placement (the “Private Placement”) of senior secured convertible debentures and warrants to purchase shares of common stock of the Company.

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