EXHIBIT 10.1

 

Employee Stock Option Grant

 

On September 8, 2014, as approved by the Compensation Committee of the Pernix
Group, Inc. Board of Directors, employee stock option grants were awarded in the
amount and upon the terms and conditions set forth below.

 

General Terms of Grant:

 

·                  Form of grant: Stock option award for President and Chief
Executive Officer.

 

·                  Term and vesting of stock options: The stock option grants
vest equally over a 3 year period and are coterminous with the expiration date
of the plan or 10 years from the date of the grant, whichever occurs sooner.

 

·                  Grant date: September 8, 2014.

 

·                  Exercise Price for Stock Options: To be determined based on
fair market value.

 

·                  Number of stock options:

 

 

 

 

 

Stock Options

 

Nidal Z. Zayed, President and CEO

 

-

 

1,000,000

 

 

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