Amendment To Option Agreement Sample Contracts

IGI, Inc. – Form of Amendment to Option Agreements Issued Under the 2009 Equity Incentive Plan (March 15th, 2017)

This Amendment, effective as of the date set forth below, amends the terms of each of your option agreements outstanding on the date hereof (the "Agreements") issued by Teligent, Inc. (the "Company") to you under its 2009 Equity Incentive Plan (the "Plan"). All capitalized terms used in this Amendment without definition or reference have the meanings set forth in the Agreements or in the Plan.

KokiCare, Inc. – Tenth Amendment to Option Agreement (March 15th, 2017)

This amendment ("Tenth Amendment") is being entered into by and between Advanced Inhalation Therapies Limited ("AIT") and Pulmonox Technologies Corporation ("Pulmonox"), for the purpose of amending the Option Agreement originally entered by AIT and Pulmonox on 31st August 2015 (the "Option Agreement").

KokiCare, Inc. – Tenth Amendment to Option Agreement (January 20th, 2017)

This amendment ("Tenth Amendment") is being entered into by and between Advanced Inhalation Therapies Limited ("AIT") and Pulmonox Technologies Corporation ("Pulmonox"), for the purpose of amending the Option Agreement originally entered by AIT and Pulmonox on 31st August 2015 (the "Option Agreement").

Timberline Resources – First Amendment to Option Agreement (November 17th, 2016)

This First Amendment to Option Agreement (First Amendment Agreement), is made effective as of the 19th day of October, 2016 (Effective Date), by and between Talapoosa Development Corp., a Delaware corporation (Buyer) and Timberline Resources Corporation, a Delaware corporation (Timberline Parent), whose addresses are 101 East Lakeside Avenue, Coeur dAlene, Idaho 83814 and American Gold Capital US Inc., a Nevada corporation (American Gold), Gunpoint Exploration US Ltd., a Nevada corporation (Gunpoint US) and Gunpoint Exploration Ltd., a British Columbia corporation (Gunpoint Parent and collectively with American Gold and Gunpoint US, the Sellers), whose addresses are Suite 1620 1140 West Pender Street, Vancouver, British Columbia, Canada V6E 4G1. Buyer, Timberline Parent and Sellers are referred to herein individually as a Party and collectively as the Parties.

Elio Motors, Inc. – Amendment to Option Agreements (July 25th, 2016)

This Amendment to Option Agreements (this "Amendment") is entered into effective as of the __ day of May, 2016, by and between ELIO MOTORS, INC., an Arizona corporation (the "Company"), and STUART LICHTER ("Optionee").

1347 Property Insurance Holdings, Inc. – FIFTH AMENDMENT TO OPTION AGREEMENT by and Between DOUGLAS N. RAUCY and 1347 PROPERTY INSURANCE HOLDINGS, INC. Dated as of June 14, 2016 (June 16th, 2016)

FIFTH AMENDMENT TO OPTION AGREEMENT dated as of June 14, 2016 (this "Amendment"), between Douglas N. Raucy ("Raucy") and 1347 Property Insurance Holdings, Inc., a Delaware corporation ("PIH").

Profire Energy, Inc. 2010 Equity Incentive Plan Amendment AMENDMENT TO OPTION AGREEMENTS (June 13th, 2016)

This AMENDMENT TO OPTION AGREEMENTS (this "Amendment") is made and entered into effective as of [ __ ], 2015 by Profire Energy, Inc. (the "Company") with respect to each Option Agreement listed on Schedule A (each, an "Option Agreement" and collectively, the "Option Agreements") heretofore executed by the Company which provides for the grant of an Option pursuant to the Profire Energy, Inc., 2010 Equity Incentive Plan (the "Plan"). Capitalized terms used but not otherwise defined herein shall have the meanings given them in the Option Agreements.

Nevada Gold & Casinos, Inc. – First Amendment to Option Agreement (April 25th, 2016)

THIS FIRST AMENDMENT TO OPTION AGREEMENT is entered into by and between Clear Creek County Development Company LLC, a Colorado Limited Liability Company, (hereinafter "Clear Creek" or "Purchaser") and GOLD MOUNTAIN DEVELOPMENT LLC, LLC, AND NEVADA GOLD & CASINOS, INC., (hereinafter collectively the "Seller" or "Nevada Gold").

1347 Property Insurance Holdings, Inc. – FOURTH AMENDMENT TO OPTION AGREEMENT by and Between DOUGLAS N. RAUCY and 1347 PROPERTY INSURANCE HOLDINGS, INC. Dated as of December 15, 2015 (December 17th, 2015)

FOURTH AMENDMENT TO OPTION AGREEMENT dated as of December 15, 2015 (this "Amendment"), between Douglas N. Raucy ("Raucy") and 1347 Property Insurance Holdings, Inc., a Delaware corporation ("PIH").

Yulong Eco-Materials Ltd – Amendment to Option Agreement (September 28th, 2015)

This Amendment to Option Agreement (this "Amendment") is dated June 24, 2015, and is entered into in Pingdingshan City, Henan Province, People's Republic of China ("PRC" or "China") by and among Zhengzhou Xing De Enterprise Management & Consulting Co., Ltd. ("Party A"), Pingdingshan Xulong Renewable Resource Co., Ltd. ("Party B"), YU Zhenhua (the "Prior Shareholder"), ZHU Yulong (the "Shareholder"), and YI Wei (the "New Shareholder," and with the Shareholder, the "Shareholders"). Party A, Party B, the Prior Shareholder and the Shareholders are sometimes referred to individually as a "Party" and collectively as the "Parties."

TEKMIRA PHARMACEUTICALS Corp – Third Amendment to Option Agreement (August 7th, 2015)

This THIRD AMENDMENT TO OPTION AGREEMENT (this "Third Amendment"), dated as of May 22, 2015, is by and among Monsanto Canada, Inc., a Canadian corporation ("Monsanto Canada"), Tekmira Pharmaceuticals Corporation, a British Columbia corporation ("Tekmira"), Protiva Biotherapeutics Inc., a British Columbia corporation ("Protiva"), and Protiva Agricultural Development Company Inc., a British Columbia corporation (the "Company").

Profire Energy, Inc. 2010 Equity Incentive Plan Amendment AMENDMENT TO OPTION AGREEMENTS (June 15th, 2015)
1347 Property Insurance Holdings, Inc. – THIRD AMENDMENT TO OPTION AGREEMENT by and Between DOUGLAS N. RAUCY and 1347 PROPERTY INSURANCE HOLDINGS, INC. Dated as of June 1, 2015 (June 2nd, 2015)

THIRD AMENDMENT TO OPTION AGREEMENT dated as of June 1, 2015 (this "Amendment"), between Douglas N. Raucy ("Raucy") and 1347 Property Insurance Holdings, Inc., a Delaware corporation ("PIH").

1347 Property Insurance Holdings, Inc. – SECOND AMENDMENT TO OPTION AGREEMENT by and Between DOUGLAS N. RAUCY and 1347 PROPERTY INSURANCE HOLDINGS, INC. Dated as of March 13, 2015 (March 17th, 2015)

SECOND AMENDMENT TO OPTION AGREEMENT dated as of March 13, 2015 (this "Amendment"), between Douglas N. Raucy ("Raucy") and 1347 Property Insurance Holdings, Inc., a Delaware corporation ("PIH").

First Amendment to Option Agreement (January 12th, 2015)

This First Amendment (this "Amendment"), dated as of January 5, 2015 (the "Amendment Effective Date"), amends that certain Option Agreement (the "Option Agreement"), dated October 27, 2014 (the "Effective Date"), between Amarantus Bioscience Holdings, Inc., a Nevada corporation ("Amarantus") and Lonza Walkersville, Inc., a Delaware corporation ( "Lonza"). The parties identified above are sometimes hereinafter individually referred to as a "Party" and collectively as the "Parties".

Kemet Corp. – Amendment No. 1 to Option Agreement (September 4th, 2014)

This AMENDMENT NO. 1 TO OPTION AGREEMENT (this "Amendment") is entered into and effective as of August 29, 2014, by and between NEC Corporation, a Japanese corporation with its principal place of business at 7-1, Shiba 5-chome, Minato-ku, Tokyo 108-8001, Japan ("NEC Corporation"), and KEMET Electronics Corporation, a Delaware corporation with its principal place of business at 2835 Kemet Way, Simpsonville, South Carolina 29681 ("Purchaser"). NEC Corporation and Purchaser may hereafter be referred to collectively as the "Parties," or individually as a "Party."

Empire Resorts – Amendment to Option Agreement (August 14th, 2014)

THIS AMENDMENT TO OPTION AGREEMENT (the "Amendment Agreement") is made as of this 20th day of June, 2014, by and between EPT CONCORD II, LLC, having an office at c/o Entertainment Properties Trust, 909 Walnut Street, Suite 200, Kansas City, Missouri 64106 ("EPT") and MONTICELLO RACEWAY MANAGEMENT, INC., with an Office at c/o Empire Resorts, Inc. 204 Route 17B, Monticello, New York 12701 ("MRMI").

1347 Property Insurance Holdings, Inc. – FIRST AMENDMENT TO OPTION AGREEMENT by and Between DOUGLAS N. RAUCY and 1347 PROPERTY INSURANCE HOLDINGS, INC. Dated as of June 19, 2014 (June 19th, 2014)

FIRST AMENDMENT TO OPTION AGREEMENT dated as of June 19, 2014 ("Amendment"), between Douglas N. Raucy ("Raucy") and 1347 Property Insurance Holdings, Inc., a Delaware corporation ("PIH").

Texas Vanguard Oil Co – First Amendment to Option Agreement (October 22nd, 2013)

This First Amendment to Option Agreement (herein called the "Amendment") is made and entered into on this 13th day of October, 2013, but effective for all purposes as of the Effective Time (as such term is defined in the Option Agreement), by and between Texas Vanguard Oil Company, a Texas corporation (herein called "TVOC"), and Trivista Energy LLC, a Texas limited liability company (herein called "Trivista"), upon the terms and conditions set forth herein. TVOC and Trivista are individually referred to herein each, individually, as a "Party" and collectively as the "Parties".

Texas Vanguard Oil Co – Second Amendment to Option Agreement (October 22nd, 2013)

This Second Amendment to Option Agreement (herein called the "Second Amendment") is made and entered into on this 20th day of October, 2013, but effective for all purposes as of the Effective Time (as such term is defined in the Option Agreement), by and between Texas Vanguard Oil Company, a Texas corporation (herein called "TVOC"), and Trivista Energy LLC, a Texas limited liability company (herein called "Trivista"), upon the terms and conditions set forth herein. TVOC and Trivista are individually referred to herein each, individually, as a "Party" and collectively as the "Parties".

Passport Potash Inc – Amendment to Option Agreement (August 26th, 2013)

THIS AMENDMENT TO OPTION AGREEMENT (this Amendment) is entered into this 4th day of December, 2009, by and between TWIN BUTTES RANCH, LLC, an Arizona limited liability company (Optionor), and PASSPORT METALS, INC., a Quebec registered corporation (Optionee).

Passport Potash Inc – Second Amendment to Option Agreement Between Passport Potash, Inc. And Twin Buttes Ranch, Llc (August 23rd, 2013)

THIS SECOND AMENDMENT TO OPTION AGREEMENT (this "Second Amendment") is made effective this 20th day of August, 2013, by and between TWIN BUTTES RANCH, LLC an Arizona limited liability company ("Optionor"), and PASSPORT POTASH, INC., a British Columbia corporation ("Optionee").

Silverstar Mining Corp. – Second Amendment to Option Agreement (May 21st, 2013)

THIS AMENDMENT AGREEMENT (the "Agreement") dated as of October_______, 2012 is made among ARRIBA RESOURCES INC., a company incorporated under the laws of British Columbia ("Arriba"), MINERA ARRIBA S.A. DE C.V., a company incorporated under the laws of Mexico ("Arriba Mexico") and MINAS DE ALTA LEY LA PALMA, S.A. DE C.V., a company incorporated under the laws of Mexico (the "Optionor" and together with Arriba and Arriba Mexico, the "Parties").

Silverstar Mining Corp. – First Amendment to Option Agreement (May 21st, 2013)

THIS AMENDMENT AGREEMENT (the "Agreement") dated as of September 8, 2011 is made among ARRIBA RESOURCES INC., a company incorporated under the laws of British Columbia ("Arriba"), MINERA ARRIBA S.A. DE C.V., a company incorporated under the laws of Mexico ("Arriba Mexico") and MINAS DE ALTA LEY LA PALMA, S.A. DE C.V., a company incorporated under the laws of Mexico (the "Optionor" and together with Arriba and Arriba Mexico, the "Parties").

Quest Resource Holding Corp – Amendment No. 1 to Option Agreement (April 30th, 2013)

THIS AMENDMENT NO. 1 TO OPTION AGREEMENT (this Amendment), dated as of April 29, 2013, is made by and between Earth911, Inc., a Delaware corporation (Buyer), and Quest Resources Group, LLC, a Delaware limited liability company (Seller).

Silverstar Mining Corp. – Second Amendment to Option Agreement (February 19th, 2013)

THIS AMENDMENT AGREEMENT (the "Agreement") dated as of October_______, 2012 is made among ARRIBA RESOURCES INC., a company incorporated under the laws of British Columbia ("Arriba"), MINERA ARRIBA S.A. DE C.V., a company incorporated under the laws of Mexico ("Arriba Mexico") and MINAS DE ALTA LEY LA PALMA, S.A. DE C.V., a company incorporated under the laws of Mexico (the "Optionor" and together with Arriba and Arriba Mexico, the "Parties").

Silverstar Mining Corp. – First Amendment to Option Agreement (February 19th, 2013)

THIS AMENDMENT AGREEMENT (the "Agreement") dated as of September 8, 2011 is made among ARRIBA RESOURCES INC., a company incorporated under the laws of British Columbia ("Arriba"), MINERA ARRIBA S.A. DE C.V., a company incorporated under the laws of Mexico ("Arriba Mexico") and MINAS DE ALTA LEY LA PALMA, S.A. DE C.V., a company incorporated under the laws of Mexico (the "Optionor" and together with Arriba and Arriba Mexico, the "Parties").

Amendment to Option Agreement (November 1st, 2012)

THIS AMENDMENT TO OPTION AGREEMENT ("Amendment") is made and entered into as of December 2, 1996, by and among THE NORTH AMERICAN COAL CORPORATION, a Delaware corporation with its principal office at Dallas, Texas (hereinafter referred to as "NAC"); and SOUTHWESTERN ELECTRIC POWER COMPANY, a Delaware corporation with its principal office at Shreveport, Louisiana (hereinafter referred to as "SWEPCO"); and LONGVIEW NATIONAL BANK, having an office at Longview, Texas (hereinafter referred to as "Escrow Agent").

Second Amendment to Option Agreement (November 1st, 2012)

THIS SECOND AMENDMENT TO OPTION AGREEMENT ("Amendment") is made and entered into as of January 1, 2008, by and among THE NORTH AMERICAN COAL CORPORATION (formerly known as Nortex Mining Company), a Delaware corporation with its principal office at Dallas, Texas (hereinafter referred to as "NACCO"); and SOUTHWESTERN ELECTRIC POWER COMPANY, a Delaware corporation with its principal office at Columbus, Ohio (hereinafter referred to as "SWEPCO"); and REGIONS BANK, having an office at Longview, Texas (hereinafter referred to as "Regions" or "Escrow Agent").

Gse Holding Inc. – Form of Amendment to Option Agreement (October 19th, 2011)

This Amendment (this Amendment) to certain Option Agreements (as defined below) is entered into as of , by and between GEO Holdings Corp. (the Company) and (the Participant).

American Energy Development Corp. – First Amendment to Option Agreement (September 22nd, 2011)

THIS FIRST AMENDMENT TO OPTION AGREEMENT (this "Amendment") is made effective as of September 19, 2011 (the "Effective Date"), by and between RANGE MICHIGAN LLC, a Wyoming limited liability company with a mailing address of P.O. Box 726, 504 Fremont, Thermopolis, WY 82443-2913 ("Range"), and AMERICAN ENERGY DEVELOPMENT CORP. (F/K/A LJM ENERGY CORP.), a Nevada corporation with a mailing address of 9190 Double Diamond Parkway, Reno NV 89521 ("AED").

American Liberty Petroleum Corp. – Third Amendment to Option Agreement (June 20th, 2011)

This Third Amendment to Option Agreement (this "Amendment") is entered into effective as of June 9, 2011 ("Effective Date"), by and between American Liberty Petroleum Corp. (formerly known as "Oreon Rental Corporation"), a Nevada domestic corporation ("Buyer"), and Desert Discoveries, LLC, a Nevada domestic limited-liability company ("Seller").

Grant Hartford Corp – SECOND AMENDMENT TO GRANT HARTFORD OPTION AGREEMENT THIS SECOND AMENDMENT TO OPTION AGREEMENT Is Made as of the 28th Day of June, 2010. (April 21st, 2011)

WHEREAS, the parties hereto entered into an Amendment to said Option Agreement on or about the 24th day of January, 2008, whereby Article 3.1(d) of the said Option Agreement was amended; and

Grant Hartford Corp – SECOND AMENDMENT TO GRANT HARTFORD OPTION AGREEMENT THIS SECOND AMENDMENT TO OPTION AGREEMENT Is Made as of the 28th Day of June, 2010. (April 20th, 2011)

WHEREAS, the parties hereto entered into an Amendment to said Option Agreement on or about the 24th day of January, 2008, whereby Article 3.1(d) of the said Option Agreement was amended; and

Grant Hartford Corp – SECOND AMENDMENT TO GRANT HARTFORD OPTION AGREEMENT THIS SECOND AMENDMENT TO OPTION AGREEMENT Is Made as of the 28th Day of June, 2010. (April 15th, 2011)

WHEREAS, the parties hereto entered into an Amendment to said Option Agreement on or about the 24th day of January, 2008, whereby Article 3.1(d) of the said Option Agreement was amended; and