Document:

MIMVI, INC.

AMENDED AND RESTATED 2010 STOCK
OPTION PLAN

STOCK OPTION LETTER AGREEMENT

 

STOCK OPTION
GRANT NOTICE

 

TO:

 

We are pleased to inform you that you have
been selected by the Mimvi, Inc. (the “Company”) to receive an option (the “Option”) to purchase shares
(the “Option Shares”) of the Company's Common Stock under the Company's 2010 Stock Option Plan (the “Plan”).

 

The terms of the Option are as set forth
in this Agreement and in the Plan, a copy of which is attached. The Plan is incorporated by reference into this Agreement, which
means that this Agreement is limited by and subject to the express terms and provisions of the Plan. Capitalized terms that are
not defined in this Agreement have the meanings given to them in the Plan.

 

The most important terms of the Option are summarized as follows:

 

	 	Grant Date:
	 	Number of Shares:
	 	Exercise Price:
	 	Expiration Date:
	 	Vesting Base Date:
	 	Type of Option:
	 	Vesting and Exercisability: The Option will vest and become exercisable according to the following schedule:
	 	Applicable Period of Continuous	Percent of Total Option
	 	Employment or Service with the	That Is Vested and Exercisable
	 	Company or Its Related	 
	 	Company	 
	 	 	 
	 	No portion of the shares subject to the Option shall be exercisable prior to the vesting of such shares.
	 	 	 	 

1. Termination of Option: The unvested
portion of the Option will terminate automatically and without further notice immediately upon termination (voluntary or involuntary)
of your employment or service relationship with the Company. The vested portion of the Option will terminate automatically and
without further notice on the earliest of the following dates:

 

    	 

    	 

    

 

1.1. three months after termination
of your employment or service relationship with the Company for any reason other than Disability or death;

 

1.2. one year after termination
of your employment or service relationship with the Company by reason of Disability or death; and

 

1.3. the Expiration Date; except,
that if the Company terminates your services for Cause you will forfeit the unexercised portion of the Option, including vested
and unvested shares, on the date you are notified of your termination. If you die while the Option is exercisable, the Option may
be exercised until one year after the date of death or the Expiration Date, whichever is earlier.

 

The Option must be exercised within three
months after termination of employment for reasons other than death or Disability and one year after termination of employment
due to Disability to qualify for the beneficial tax treatment afforded ISOs.

 

It is your responsibility to be aware
of the date your Option terminates.

 

2. ISO Qualification: The Option
is intended to qualify as an ISO under federal income tax law, but the Company does not represent or guarantee that the Option
qualifies as such. If the aggregate fair market value on the Grant Date of the shares with respect to which the Option first becomes
exercisable during any calendar year (under the Option and all other ISOs you hold) exceeds $100,000, the excess portion will be
treated as a nonqualified stock option, unless the Internal Revenue Service changes the rules and regulations governing the $100,000
limit for ISOs. A portion of the Option may be treated as a nonqualified stock option if certain events cause exercisability of
the Option to accelerate.

 

3. Notice of Disqualifying Disposition:
To obtain certain tax benefits afforded to ISOs you must hold the shares issued upon the exercise of the Option for two years after
the Grant Date and one year from the date of exercise. You may be subject to the alternative minimum tax at the time of exercise.
You should obtain tax advice when exercising the Option and prior to the disposition of the Option Shares. By accepting the Option,
you agree to promptly notify the Company if you dispose of any of the Option Shares within one year from the date you exercise
all or part of the Option or within two years from the Grant Date.

 

4. Method of Exercise: You may exercise
the Option by giving written notice to the Company, in form and substance satisfactory to the Company, which will state the election
to exercise the Option and the number of shares of Common Stock for which you are exercising the Option. The written notice must
be accompanied by full payment of the exercise price for the number of shares of Common Stock you are purchasing. You shall not,
under any circumstances, be permitted to exercise any unvested shares subject to the Option. The Company may, in its sole discretion
at the time of exercise, require you to sign an agreement, pursuant to which you will acknowledge certain securities laws matters
and grant to the Company certain repurchase and first offer rights to purchase the shares acquired by you upon exercise of the
Option.

 

5. Form of
Payment: You may pay the Option exercise price, in whole or in part, in cash, by check or, unless the Plan Administrator determines
otherwise, by (a) tendering (either -3-
actually or by attestation) mature shares of Common Stock (generally, shares you have held for a period of at least six
months) having a fair market value on the day prior to the date of exercise equal to the exercise price (you should consult your
tax advisor before exercising the Option with stock you received upon the exercise of an incentive stock option); (b) if and so
long as the Common Stock is registered under the Securities Exchange Act of 1934, as amended, delivery of a properly executed exercise
notice together with irrevocable instructions to a broker to deliver promptly to the Company the amount of sale or loan proceeds
necessary to pay the exercise price; or (c) if and so long as the Common Stock is registered under Section 12(b) or 12(g) of the
Securities Exchange Act of 1934, as amended (the "Exchange Act"), a properly executed exercise notice together with irrevocable
instructions to a broker to promptly deliver to the Company the amount of sale or loan proceeds to pay the exercise price and any
withholding tax obligations; or (d) such other consideration as the Plan Administrator may permit.

 

    	-2-

    	 

    

 

6. Repurchase and First Refusal Rights.
So long as the Common Stock is not registered under the Exchange Act, the Company may, in its sole discretion at the time of exercise,
require you to sign a stock purchase agreement, in the form to be provided, pursuant to which you will grant to the Company certain
repurchase and/or first refusal rights to purchase the Shares acquired by you upon exercise of the Option. Upon request to the
Company, you may review a current form of this agreement prior to exercise of the Option.

 

7. Withholding Taxes: As a condition
to the exercise of any portion of the Option that is treated as a nonqualified stock option, you must make such arrangements as
the Company may require for the satisfaction of any federal, state or local withholding tax obligations that may arise in connection
with such exercise. The Company has the right to retain without notice sufficient shares of stock to satisfy the withholding obligation.
Unless the Plan Administrator determines otherwise, you may satisfy the withholding obligation by electing to have the Company
withhold from the shares to be issued upon exercise that number of shares having a fair market value equal to the amount required
to be withheld (up to the minimum required federal tax withholding rate). The Company may also deduct from the shares to be issued
upon exercise any other amounts due from you to the Company.

 

8. Limited Transferability: During
your lifetime only you can exercise the Option. The Option is not transferable except by will or by the applicable laws of descent
and distribution, except that nonqualified stock options may be transferred to the extent permitted by the Plan Administrator.
The Plan provides for exercise of the Option by a designated beneficiary or the personal representative of your estate.

 

9. Market Standoff. In connection
with any underwritten public offering by the Company of its equity securities pursuant to an effective registration statement filed
under the Securities Act, including the Company's initial public offering, you agree that you will not sell, make any short sale
of, loan, hypothecate, pledge, assign, grant any option for the purchase of, or otherwise dispose or transfer for value or agree
to engage in any of the foregoing transactions with respect to, any of the Option Shares without the prior written consent of the
Company or its underwriters. Such limitations will be in effect for such period of time as may be requested by the Company or its
underwriters; provided, however, that in no event will such period exceed 180 days. This market standoff provision will be in effect
no longer than two years after the effective date of the Company's initial public offering.

 

10. Registration: Your particular
attention is directed to Section 16.3 of the Plan, which describes certain important conditions relating to federal and state securities
laws that must be satisfied before the Option can be exercised and before the Company can issue any shares to you. 

 

11. Binding Effect: This Agreement
will inure to the benefit of the successors and assigns of the Company and be binding upon you and your heirs, executors, administrators,
successors and assigns.

 

12. Limitation on Rights; No Right to
Future Grants; Extraordinary Item of Compensation: By entering into this Agreement and accepting the grant of the Option evidenced
hereby, you acknowledge: (a) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any
time; (b) that the grant of the Option is a one-time benefit which does not create any contractual or other right to receive future
grants of options, or benefits in lieu of options; (c) that all determinations with respect to any such future grants, including,
but not limited to, the times when options will be granted, the number of shares subject to each option, the option price, and
the time or times when each option will be exercisable, will be at the sole discretion of the Company; (d) that your participation
in the Plan is voluntary; (e) that the value of the Option is an extraordinary item of compensation which is outside the scope
of your employment contract, if any; (f) that the Option is not part of normal or expected compensation for purposes of calculating
any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or
similar payments; (g) that the vesting of the Option ceases upon termination of employment or service relationship with the Company
for any reason except as may otherwise be explicitly provided in the Plan or this Agreement or otherwise permitted by the Plan
Administrator; (h) that the future value of the underlying Option Shares is unknown and cannot be predicted with certainty; (i)
that if the underlying Option Shares do not increase in value, the Option will have no value; and (j) that, in accepting this Option,
you are agreeing to commit 100 percent of your professional time and efforts to your employment with the Company.

 

    	-3-

    	 

    

 

13. Acceleration: In the event of
a Company Transaction (as defined in the Plan), the then unvested portion of the Option shall vest and become immediately exercisable.

 

Please execute the attached Acceptance and Acknowledgment form
and return it to the undersigned at the address below.

 

	 	 	Very truly yours,
	 	 	MIMVI, INC.
	 	 	__________________________________
	 	 	,CFO
	 	 	Address 

 

    	-4-

    	 

    
  

ACCEPTANCE AND ACKNOWLEDGMENT

 

I, a resident of the State of California,
accept the Option described in this Agreement and in the Plan, and acknowledge receipt of a copy of this Agreement and a copy of
the Plan. I have read and understand the Plan.

 

Furthermore, I hereby agree that any work
done by me at the offices of the Company shall be for, and be the sole property of, the Company.

 

	 	Dated: __________	 	 
	 	 	 	Name
	 	 	 	 
	 		 	Address:
	 		 	
	 	Taxpayer ID Number	 	
	 	 	 	 
	 	 	 	 

  

    	-5-Exhibit 10.1

September 21, 2012

 

 

 

Mr. Ralph Schmitt

##########

San Jose, CA #####

 

Dear Ralph:

 

OCZ Technology Group, Inc. (“Company”) is pleased
to offer you the position of President and Chief Executive Officer reporting to the Chairman of the Board. You will remain
a Board Member if you accept this offer. The company will provide an indemnity agreement to you prior to your start date.
Your anticipated start date will be no later than Monday, October 15, 2012. This offer and your employment relationship will
be subject to the terms and conditions of this letter.

 

		1)	Compensation: If you decide to join us, your initial annual base salary will be $475,000, less applicable withholdings,
paid in accordance with Company’s normal payroll practices.  Future adjustments in compensation, if any, will be made
by the Board in its sole and absolute discretion.

 

 

 

		2)	Bonus Opportunity: You will be included in the OCZ Bonus Program. Your target bonus will be $475,000, and prorated to
your date of hire. Bonus achievement will be assessed on an annual basis against performance to the Program, so there is no guarantee
of payment. You must be an employee of OCZ as of the end of the corresponding fiscal year to be eligible for any payments.

 

 

 

		3)	Make Whole Commitment:
                                                                You
                                                                will be paid a one-time cash payment of $700,000 in recognition
                                                                of the compensation you will be forfeiting by leaving your current
                                                                employer. Assuming you join the Company on October 15, 2012, this
                                                                payment will be made after the November 30, 2012 payroll cycle
                                                                of the Company.

 

 

 

		4)	Equity: Per the approval of the Board of Directors, you will be granted the following equity options and RSUs:

 

		·	You will be granted an option to purchase 750,000 shares of the Company’s Common Stock under Company’s 2012 Equity
Compensation Plan (the “Plan”) at an exercise price equal to the fair market value of that stock on the date of the
grant (the “Option”). The Options will vest 25% at the end of your first year of employment and 1/36th of
the remaining balance each month thereafter for an additional 36 months, for a total vesting period of 48 months.

 

		·	As part of your Make Whole Commitment, you will also be granted Restricted Stock Units equivalent to $700,000 based
on the closing FMV on your date of hire. The RSUs will vest 100% on December 1, 2012 in recognition of the guaranteed compensation you are surrendering
by leaving your current employer.

 

 

 

		5)	Benefits: You will also be eligible for all standard fringe benefits available to other Company employees. This
includes the OCZ Health Benefits Package. You are eligible for enrollment upon date of hire with coverage commencing the first
day of the month following your date of hire. You will begin accruing 20 days of Paid Time Off per year on your first day of employment.

 

 

 

After 30 days of satisfactory employment, the company
will provide two times your base salary in life insurance coverage (up to $500,000), Long-Term Disability coverage, and you will
become eligible to participate in the 401(k) Plan in accordance with the Plan Document. OCZ reserves the right to change or eliminate
these benefits on a prospective basis at any time.

 

 

 

		6)	No Violation of Rights of Third Parties: By accepting this offer, you represent that you are not a party to any other
agreement which will interfere with your ability to fully and satisfactorily provide the services for which you are being employed
by the Company. During your employment with Company, you will not breach any agreement between you and any third party to keep
in confidence proprietary information, knowledge or data belonging to that third party that was acquired by you prior to your employment
with Company. In addition, you agree that you will not disclose to Company, or induce Company to use, any confidential or proprietary
information or material belonging to any previous employer or others. You agree not to enter into any agreement, whether written
or oral, in conflict with your promises in this provision.

 

 

 

		7)	At-Will Employment: If you accept our offer, your employment with OCZ will be “at-will.” This means your
employment is not for any specific period of time and can be terminated by you at any time for any reason. Likewise, OCZ may terminate
the employment relationship at any time, with or without cause or advance notice. In addition, OCZ reserves the right to modify
your position, duties and reporting relationship to meet business needs and to use its managerial discretion in deciding on appropriate
discipline. Any change to the at-will employment relationship must be by a specific, written agreement signed by you and OCZ’s
Chairman of the Board.

 

 

 

		8)	Contingencies: This offer is contingent upon the following:

 

		·	Signing Company’s Proprietary Information Agreement;

 

		·	Compliance with Federal I-9 requirements. Please bring suitable documentation with you on your first day of work verifying
your identify and legal authorization to work in the United States.

 

		9)	Complete Agreement. This letter, including the Proprietary Information Agreement that you will be asked to sign
upon your first day of employment, constitutes the entire agreement between you and Company relating to this subject matter and
supersedes all prior or contemporaneous agreements, understandings, negotiations or representations, whether oral or written, express
or implied, on this subject. This letter may not be modified or amended except by a specific, written agreement signed by you and
the Chairman of the Board.

 

Please indicate your acceptance of our offer of employment in
the terms and conditions set forth in this letter by signing and returning this letter to me.

 

We hope your employment with OCZ will prove mutually rewarding,
and we look forward to having you join us!

 

    	 

    	 	

    
 

Sincerely,

 

 

/s/Cindee Van Vleck

Cindee Van Vleck

Vice President

Human Resources

 

***

I have read this offer letter in its entirety, and agree to
and accept the terms and conditions of employment stated above. I understand and agree that my employment with Company is at-will.

 

	/s/Ralph Schmitt	 	October 8, 2012	
	 	 	 	 
	Ralph Schmitt	 	Date

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00208-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00208-of-00352.parquet"}]]