In consideration of the grant of the foregoing Restricted Stock Units and the eligibility for the Special Incentive Bonus, the Company and the Executive hereby agree that the non-qualified stock options to purchase 900,000 shares of the Company’s common stock, which were granted to the Executive as an equity retention award in connection with the Executive’s appointment to the Board on August 8, 2017, are hereby terminated and cancelled effective as of the date of this Agreement.
non-qualified stock options