Company: TOMZ
Filing Date: 2025-09-30
Form Type: ARS
Source: 0001654954-25-011264
Chunk: 78

Company: TOMI Environmental Solutions, Inc.
Filing Date: 2025-09-30
Form: ARS
Chunk 78
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 on May 15, 2024 and have a term of ten years.                                                              |
| (11) | Options pursuant to the 2016 Plan vested on January 3, 2020 and have a term of five years.                                |
| (12) | Options pursuant to the 2016 Plan vested on January 15, 2020 and have a term of five years.                               |
| (13) | Warrants vested on April 24, 2020 and have a term of ten years.                                                           |
| (14) | Options pursuant to the 2016 Plan vested on October 01, 2020 and have a term of five years.                               |
| (15) | Options vested on January 18, 2022 and have a term of ten years.                                                          |
| (16) | Options vested on January 26, 2023 and have a term of ten years.                                                          |
| (17) | Options vested on May 15, 2024 and have a term of ten years.                                                              |
| (18) | Warrants vested on April 24, 2020 and have a term of ten years.                                                           |
| (19) | Options vested on January 18, 2022 and have a term of ten years.                                                          |
| (20) | Options vested on January 26, 2023 and have a term of ten years.                                                          |

| 48 |

Employment Agreements, Termination of Employment and Change-in-Control Arrangements

Except as described below, we currently have no employment agreements with any of our executive officers, nor any compensatory plans or arrangements resulting from the resignation, retirement or any other termination of any of our executive officers, from a change-in-control, or from a change in any executive officer’s responsibilities following a change-in-control.

Employment Agreements

We have entered into employment agreements with each of the named executive officers and generally include the named executive officer’s initial base salary and an indication of equity compensation opportunities.

Halden S. Shane

On September 22, 2020, we entered into a three-year employment agreement with Dr. Shane, effective October 1, 2020. The agreement provides for a base annual salary of $500,000. The agreement also provides for a signing bonus of 375,000 warrants. Dr. Shane is also entitled to a cash performance bonus and an annual issuance of an option to purchase 31,250 shares of common stock from the 201