OPTION AGREEMENT AGREEMENT, dated as of August 31, 1995, by and between JOE KUBOFF (the Holder") and Automobile Protection Corporation - APCO (the "Company"). WHEREAS, the Holder has agreed to receive the option herein set forth as consideration for...Option Agreement Agreement • March 29th, 1996 • Automobile Protection Corp Apco • Services-management services • Georgia
OPTION AGREEMENT AGREEMENT, dated as of August 31, 1995, by and between JOE KUBOFF (the Holder") and Automobile Protection Corporation - APCO (the "Company"). WHEREAS, the Holder has agreed to receive the option herein set forth as consideration for services of Holder to the Company NOW, THEREFORE, in consideration of the covenants herein contained, the parties hereto agree as follows: 1. In consideration of the services of Holder to Company, the Company hereby grants to the Holder the right to purchase up to 12,000 shares of the Common Stock, $.00l per value ("Common Stock") of the Company at an exercise price equivalent to $2.44 per share of Common Stock, as follows: the Holder shall have the right to purchase one-third of the shares of Common Stock purchasable under this agreement on June 30 in each of 1996, 1997 and 1998, provided that during the term of this agreement the Holder sells not less than 4,000 EasyCare service contracts during each period ending June 30 and either (a) t
OPTION AGREEMENT AGREEMENT, dated as of October 10, 1995, by and between Joseph Gibbs (the "Holder") and Automobile Protection Corporation - APCO (the "Company"). WHEREAS, the Holder has agreed to receive the option herein set forth as consideration...Option Agreement Agreement • March 29th, 1996 • Automobile Protection Corp Apco • Services-management services • Georgia
