MCIG, INC.

NOTICE OF GRANT OF STOCK OPTION

Notice is hereby given of the following option grant (the “Option”) to purchase
shares of the Common Stock of mCig, Inc., (the “Corporation”):

Grant #:

Optionee:

Grant Date:

Vesting Commencement Date:

Exercise Price:

Number of Option Shares:

Expiration Date:

Type of Option:

Date Exercisable:

Vesting Schedule:

Termination Period: This option may be exercised for three months after the
optionee's Termination Date, except that if the Optionee's Termination of
Service is for Cause, this option shall terminate on the Termination Date. Upon
the death or Disability of the optionee, this option may be exercised for 12
months after the optionee's Termination Date. Special termination periods are
set forth in Section 1 of the Purchase Agreement. In no event may this option be
exercised later than the Term of Award/Expiration Date provided above.

Optionee understands and agrees that the Option is granted subject to and in
accordance with the terms of the 2017 mCIG, Inc. Stock Option Plan (the “Plan”).
Optionee further agrees to be bound by the terms of the Plan and the terms of
the Option as set forth in the Stock Option Agreement attached hereto as Exhibit
A.

Optionee hereby acknowledges receipt of a copy of the Purchase Agreement in the
form attached hereto as Exhibit B and is bound to the terms and conditions of
the Purchase Agreement.

REPURCHASE RIGHTS. OPTIONEE HEREBY AGREES THAT ALL OPTION SHARES ACQUIRED UPON
THE EXERCISE OF THE OPTION SHALL BE SUBJECT TO CERTAIN REPURCHASE RIGHTS AND
RIGHTS OF FIRST REFUSAL EXERCISABLE BY THE CORPORATION AND ITS ASSIGNS.

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At Will Employment. Nothing in this Notice or in the attached Stock Option
Agreement or Plan shall confer upon Optionee any right to continue in Service
for any period of specific duration or interfere with or otherwise restrict in
any way the rights of the Corporation (or any Parent or Subsidiary employing or
retaining Optionee) or of Optionee, which rights are hereby expressly reserved
by each, to terminate Optionee’s Service at any time for any reason, with or
without cause.

Definitions. All capitalized terms in this Notice shall have the meaning
assigned to them in this Notice or in the attached Stock Option Agreement.

DATED: December 2, 2016

MCIG, INC.

By:   Name: PAUL ROSENBERG   Title: PRESIDENT

 

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Acknowledgement. I hereby acknowledge that I have received a copy of the Option,
the mCig, Inc., 2017 Stock Option Plan, and the Purchase Agreement.

OPTIONEE

Name:

Address:

Tax ID

Attachments:
Exhibit A - Stock Option Plan
Exhibit B – Purchase Agreement

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EXHIBIT A

STOCK OPTION PLAN

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EXHIBIT B

PURCHASE AGREEMENT

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PURCHASE AGREEMENT

Grant of Option. The Administrator has granted to the optionee named in the
Notice of Stock Option Grant attached hereto as an exhibit to this Option
Agreement (the "Optionee") an option (the "Option") to purchase the number of
Shares, as set forth in the Notice of Stock Option Grant, at the exercise price
per Share set forth in the Notice of Stock Option Grant (the "Exercise Price"),
subject to the terms and conditions of this Option Agreement and the Plan. This
Option is intended to be a Nonstatutory Stock Option ("NSO") or an Incentive
Stock Option ("ISO"), as provided in the Notice of Stock Option Grant.

1.      Vesting/Right to Exercise.   a.      This Option is exercisable during
its term in accordance with the Vesting Schedule set forth in the Notice of
Stock Option Grant and the applicable provisions of this Option Agreement and
the Plan. In no event will this Option become exercisable for additional Shares
after a Termination of Service for any reason. Notwithstanding the foregoing,
this Option becomes exercisable in full if the Company is subject to a Change in
Control before the Optionee's Termination of Service, and within 12 months after
the Change in Control the Optionee is subject to a Termination of Service
resulting from: (i) the Optionee's involuntary discharge by the Company (or the
Affiliate employing him or her) for reasons other than Cause (defined below),
death or Disability; or (ii) the Optionee's resignation for Good Reason (defined
below). This Option may also become exercisable in accordance with para. __
below.   b.      The term "Cause" shall mean (1) the Optionee's theft,
dishonesty, or falsification of any documents or records of the Company or any
Affiliate; (2) the Optionee's improper use or disclosure of confidential or
proprietary information of the Company or any Affiliate that results or will
result in material harm to the Company or any Affiliate; (3) any action by the
Optionee which has a detrimental effect on the reputation or business of the
Company or any Affiliate; (4) the Optionee's failure or inability to perform any
reasonable assigned duties after written notice from the Company or an
Affiliate, and a reasonable opportunity to cure, such failure or inability; (5)
any material breach by the Optionee of any employment or service agreement
between the Optionee and the Company or an Affiliate, which breach is not cured
pursuant to the terms of such agreement; (6) the Optionee's conviction after the
issuance of the stock option (including any plea of guilty or nolo contendere)
of any criminal act which impairs the Optionee's ty to perform his or her duties
with the Company or an Affiliate; or (7) violation of a material Company policy.
  c.      The term "Good Reason" shall mean, as determined by the Administrator,
(A) a material adverse change in the Optionee's title, stature, authority, or
responsibilities with the Company (or the Affiliate employing him or her); (B) a
material reduction in the Optionee's base salary or annual bonus opportunity; or

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  (C) receipt of notice that the Optionee's principal workplace will be
relocated by more than 50 miles. 2.      Method of Exercise. This Option is
exercisable by delivering to the Administrator a fully executed "Exercise
Notice" or by any other method approved by the Administrator. The Exercise
Notice shall provide that the Optionee is electing to exercise the Option, the
number of Shares in respect of which the Option is being exercised (the
"Exercised Shares"), and such other representations and agreements as may be
required by the Administrator. Payment of the full aggregate Exercise Price as
to all Exercised Shares must accompany the Exercise Notice. This Option shall be
deemed exercised upon receipt by the Administrator of such fully executed
Exercise Notice accompanied by such aggregate Exercise Price. The Optionee is
responsible for filing any reports of remittance or other foreign exchange
filings required in order to pay the Exercise Price. 3.      Limitation on
Exercise.   a.      The grant of the Option and the issuance of Shares upon
exercise of the Option are subject to compliance with all Applicable Laws. This
Option may not be exercisedif the issuance of Shares upon exercise would
constitute a violation of anyApplicable Laws. In addition, this Option may not
be exercised unless (i) a registrationstatement under the Securities Act of
1933, as amended (the "SecuritiesAct") is in effect at the time of exercise of
this Option with respect to Shares; or (ii) in the opinion of legal counsel to
the Company, the Shares issuableupon exercise of this Option may be issued in
accordance with the terms of an applicable exemption from the registration
requirements of the Securities Act.The Optionee is cautioned that unless the
foregoing conditions are satisfied,theOptionee may not be able to exercise the
Option when desired even though the Optionis vested. As a further condition to
the exercise of this Option, the Companymay require the Optionee to satisfy any
qualifications that may be necessaryor appropriate, to evidence compliance with
any applicable law or regulation and to make any representation or warranty with
respect thereto as may be requested by the Company. Any Shares that are issued
will be "restricted securities" as that term is defined in Rule 144 under the
Securities Act, and will bear an appropriate restrictive legend, unless they are
registered under the Securities Act. The Company is under no obligation to
register the Shares issuable upon exercise of this Option.   b.      Special
Termination Period. If exercise of the Option on the last day of the termination
period set forth in Section 1 is prevented by operation of paragraph (A) of this
Section 2.3, then this Option shall remain exercisable until 14 days after the
first date that paragraph (A) no longer operates to prevent exercise of the
Option. 4.      Method of Payment. Payment of the aggregate Exercise Price shall
be by any of the following methods; provided, however, the payment shall be in
strict compliance with all procedures established by the Administrator:

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 * Cash
 * check or wire transfer
 * subject to any conditions or limitations established by the Administrator,
   other Shares that have a Fair Market Value on the date of surrender or
   attestation equal to the aggregate Exercise Price
 * consideration received by the Company under a broker-assisted sale and
   remittance program acceptable to the Administrator (Officers and Directors
   shall not be permitted to use this procedure if this procedure would violate
   Section 402 of the Sarbanes-Oxley Act of 2002, as amended)
 * subject to any conditions or limitations established by the Administrator,
   retention by the Company of so many of the Shares that would otherwise have
   been delivered upon exercise of the Option as have a Fair Market Value on the
   exercise date equal to the aggregate exercise price of all Shares as to which
   the Option is being exercised, provided that the Option is surrendered and
   cancelled as to such Shares
 * any combination of the foregoing methods of payment.

5.      Leave of Absence.   a.      The Optionee shall not incur a Termination
of Service when the Optionee goes on a bona fide leave of absence, if the leave
was approved by the Company (or Affiliate employing him or her) in writing and
if continued crediting of service is required by the terms of the leave or by
applicable law. The Optionee shall incur a Termination of Service when the
approved leave ends, however, unless the Optionee immediately returns to active
work.   b.      For purposes of ISOs, no leave of absence may exceed three
months, unless the right to reemployment upon expiration of such leave is
provided by statute or contract. If the right to reemployment is not so provided
by statute or contract, the Optionee will be deemed to have incurred a
Termination of Service on the first day immediately following such three-month
period of leave for ISO purposes and this Option shall cease to be treated as an
ISO and shall terminate upon the expiration of the three-month period that
begins the date the employment relationship is deemed terminated. 6.     
Non-Transferability of Option. This Option may not be transferred in any manner
other than by will or by the laws of descent and distribution, and may be
exercised during the lifetime of the Optionee only by the Optionee. The terms of
this Option Agreement and the Plan shall be binding upon the executors,
administrators, heirs, successors, and assigns of the Optionee. This Option may
not be assigned, pledged, or hypothecated by the Optionee whether by operation
of law or otherwise, and is not subject to execution, attachment, or similar
process. Notwithstanding the foregoing, if this Option is designated as a
Nonstatutory Stock Option, the Administrator may, in its sole discretion, allow
the Optionee to transfer this Option as a gift to one or more family members.
For purposes of this Option Agreement, "family member" means a child, stepchild,

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  grandchild, parent, stepparent, grandparent, spouse, former spouse, sibling,
niece, nephew, mother-in-law, father-in-law, son-in-law, daughter-in-law,
brother-in-law, or sister-in-law (including adoptive relationships), any
individual sharing the Optionee's household (other than a tenant or employee), a
trust in which one or more of these individuals have more than 50% of the
beneficial interest, a foundation in which the Optionee or one or more of these
persons control the management of assets, and any entity in which the Optionee
or one or more of these persons own more than 50% of the voting interest.
Notwithstanding the foregoing, during any Qualification Period, this Option may
not be transferred in any manner other than by will, by the laws of descent and
distribution, or, if it is designated as a Nonstatutory Stock Option, as
permitted by Rule 701 of the Securities Act of 1933, as amended, as the
Administrator may determine in its sole discretion.     7.      Term of Option.
This Option may be exercised only within the term set out in the Notice of Stock
Option Grant, and may be exercised during such term only in accordance with this
Option Agreement and the Plan. 8.      Tax Obligations.   a.      Withholding
Taxes. The Optionee shall make appropriate arrangements with the Administrator
for the satisfaction of all applicable Federal, state, local, and foreign income
taxes, employment tax, and any other taxes that are due as a result of the
Option exercise. With the Administrator's consent, these arrangements may
include withholding Shares that otherwise would be issued to the Optionee
pursuant to the exercise of this Option. The Company may refuse to honor the
exercise and refuse to deliver Shares if such withholding amounts are not
delivered at the time of exercise.   b.      Notice of Disqualifying Disposition
of ISO Shares. If the Option is an ISO, and if the Optionee sells or otherwise
disposes of any of the Shares acquired pursuant to the exercise of the ISO on or
before the later of (i) the date two years after the Grant Date, or (ii) the
date one year after the date of exercise, the Optionee shall immediately notify
the Administrator in writing of such disposition. The Optionee may be subject to
income tax withholding by the Company on the compensation income recognized by
the Optionee. 9.      Special Termination Period if the Optionee Subject to
Section 16(b). If a sale within the applicable termination period set forth in
Section 1 of Shares acquired upon the exercise of this Option would subject the
Optionee to suit under Section 16(b) of the Exchange Act, this Option shall
remain exercisable until the earliest to occur of (i) the tenth day following
the date on which a sale of such shares by the Optionee would no longer be
subject to such suit, (ii) the 190th day after the Optionee's Termination of
Service, or (iii) the Expiration Date. 10.      Special Termination Period if
the Optionee Subject to Blackout Period. The Company has established an Insider
Trading Policy (as such policy may be amended from time to time, the "Policy")
relative to trading while in possession of material, undisclosed information.
The Policy prohibits officers, directors, employees, and consultants of the
Company and its subsidiaries from trading in securities of the Company during
certain "Blackout Periods" as described in the Policy. If the last day of the
termination period set forth in Section 1 is during such a Blackout Period, then
this Option shall remain exercisable until 14 days after the first date that
there is no longer in effect a Blackout Period applicable to the Optionee.

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11. Change in Control. Upon a Change in Control before the Optionee's
Termination of Service, the Option will be assumed or an equivalent option or
right substituted by the successor corporation or a parent or subsidiary of the
successor corporation. If the successor corporation refuses to assume or
substitute for the Option, then immediately before and contingent on the
consummation of the Change in Control, the Optionee will fully vest in and have
the right to exercise the Option. In addition, if the Option becomes fully
vested and exercisable in lieu of assumption or substitution in the event of a
Change in Control, the Administrator will notify the Optionee in writing or
electronically that the Option will be fully vested and exercisable for a period
determined by the Administrator in its sole discretion, and the Option will
terminate upon the expiration of such period.

12. Restrictions on Resale. The Optionee shall not sell any Shares at a time
when Applicable Law, Company policies or an agreement between the Company and
its underwriters prohibit a sale. This restriction shall apply as long as the
Optionee is a Service Provider and for such period after the Optionee's
Termination of Service as the Administrator may specify.

13. Lock-Up Agreement. In connection with any underwritten public offering of
Shares made by the Company pursuant to a registration statement filed under the
Securities Act, the Optionee shall not offer, sell, contract to sell, pledge,
hypothecate, grant any option to purchase or make any short sale of, or
otherwise dispose of any Shares (including but not limited to Shares subject to
this Option) or any rights to acquire Shares of the Company for such period
beginning on the date of filing of such registration statement with the
Securities and Exchange Commission and ending at the time as may be established
by the underwriters for such public offering; provided, however, that such
period shall end not later than 180 days from the effective date of such
registration statement. The foregoing limitation shall not apply to shares
registered for sale in such public offering.

14. Entire Agreement; Governing Law. This Option Agreement and the Plan
constitute the entire agreement of the parties with respect to the subject
matter hereof and supersede in their entirety all prior undertakings and
agreements of the Company and Optionee with respect to the subject matter
hereof, and may not be modified adversely to the Optionee's interest except by
means of a writing signed by the Company and Optionee. This Option Agreement is
governed by the internal substantive laws, but not the choice of law rules, of
Nevada.

15. No Guarantee of Continued Service. The vesting of the Option pursuant to the
Vesting Schedule hereof is earned only by continuing as a Service Provider at
the will of the Company (and not through the act of being hired, being granted
an Option, or purchasing Shares hereunder). This Option Agreement, the
transactions contemplated hereunder, and the Vesting Schedule set forth herein
constitute neither an express nor an implied promise of continued engagement as
a Service Provider for the vesting period, for any period, or at all, and shall
not interfere with Optionee's right or the Company's right to terminate
Optionee's relationship as a Service Provider at any time, with or without
Cause.

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By the Optionee's signature and the signature of the Company's representative on
the Notice of Stock Option Grant, the Optionee and the Company agree that this
Option is granted under and governed by the terms and conditions of this Option
Agreement and the Plan. The Optionee has reviewed this Option Agreement and the
Plan in their entirety, has had an opportunity to obtain the advice of counsel
before executing this Option Agreement and fully understands all provisions of
this Option Agreement and the Plan. The Optionee hereby agrees to accept as
binding, conclusive, and final all decisions or interpretations of the
Administrator upon any questions relating to this Option Agreement and the Plan.

The Optionee further agrees that the Company may deliver all documents relating
to the Plan or this Option (including prospectuses required by the Securities
and Exchange Commission), and all other documents that the Company is required
to deliver to its security holders or the Optionee (including annual reports,
proxy statements and financial statements), either by e-mail or by e-mail notice
of a Web site location where those documents have been posted. The Optionee may
at any time (i) revoke this consent to e-mail delivery of those documents; (ii)
update the e-mail address for delivery of those documents; (iii) obtain at no
charge a paper copy of those documents, in each case by writing the Company. The
Optionee may request an electronic copy of any of those documents by requesting
a copy in writing from the Company. The Optionee understands that an e-mail
account and appropriate hardware and software, including a computer or
compatible cell phone and an Internet connection, will be required to access
documents delivered by e-mail.