Document:

CHATAND,
INC.

 

NON-STATUTORY
STOCK OPTION GRANT AND AGREEMENT

 

THIS
Non-Statutory Stock Option Grant and Agreement (the “Agreement”),
dated as of February 29, 2016, made by and between chatAND, Inc., a Nevada corporation (the “Company”), and
the individual named below (“Optionee”). This Agreement is made pursuant to the terms and conditions of the
chatAND, Inc. 2011 Equity Incentive Plan (the “Plan”), a copy of which is attached to this Agreement as Exhibit
A, and the provisions of which are incorporated into this Agreement by reference. All terms not otherwise defined herein shall
have the meanings set forth in the Plan. In the event of any conflict between this Agreement and the Plan, the terms of the Plan
shall govern. The Option is intended to be a non-statutory stock option within the meaning of Section 422 of the Internal Revenue
Code of 1986, as amended (the “Code”).

 

OPTIONEE
NAME: _________________________

 

DATE
OF GRANT: February 29, 2016

 

VESTING
COMMENCEMENT DATE: February 29, 2016

 

NUMBER
OF SHARES OF COMMON STOCK (the “Shares”): ____________

 

	 	EXERCISE
    PRICE: 	$0.10
    per share
	 	 	 
	 	EXPIRATION
    DATE: 	February
    28, 2026
	 	 	 
	 	EARLY
    EXERCISE:	Yes
    [  ]	No
    [X]
	 	 	 	 
	 	VESTING
    SCHEDULE:	Optionee’s
    right to exercise the option granted in this Agreement shall vest as follows:

 

(a)All
of the Shares shall vest as of the date of grant.

 

(b)In
the event of Optionee’s death, disability or other termination of employment, the exercisability of this Option shall be
governed by Section 11(d) of the Plan.

 

(c)The
Option may not be exercised for fractional shares or for less than one hundred shares (100) Shares unless the remaining number
of Shares subject to exercise is less than 100.

 

(d)Shares
may not be exercised prior to the time they have vested (the “Unvested Shares”) in Optionee, unless and until
a majority of the Company’s Board of Directors has approved such early exercise by Optionee.

 

     

     

    

 

1.No
Transfer or Assignment of Option. This Option and the rights and privileges conferred hereby shall not be transferred, assigned,
pledged, or hypothecated in any way (whether by operation of law or otherwise) and shall not be subject to sale under execution,
attachment, or similar process. Upon any attempt to transfer, assign, pledge, hypothecate, or otherwise dispose of this option,
or of any right or privilege conferred hereby, contrary to the provisions of this Agreement, or upon any attempted sale under
any execution, attachment, or similar process upon the rights and privileges conferred hereby, this Option and the rights and
privileges conferred hereby shall immediately become null and void.

 

2.Method
of Exercise.

 

(a)Notice.
Optionee may exercise this Option by delivering a signed Notice of Exercise in substantially the form attached hereto to the officer
of the Company designated in such notice. Such Notice of Exercise shall be accompanied by payment in full of the aggregate purchase
price for the Shares as provided in Section 2(c).

 

(b)Restriction
on Exercise. This Option may not be exercised if the issuance of the Shares upon such exercise or the method of payment of
consideration for such Shares would constitute a violation of any applicable Federal or state securities law or any other law
or regulation. Furthermore, the method and manner of payment of the Option Price will be subject to the rules under Part 207 of
Title 12 of the Code of Federal Regulations (“Regulation G”) as promulgated by the Federal Reserve Board if
such rules apply to the Company at the date of exercise. As a condition to the exercise of this Option, the Company may require
Optionee to make any representation or warranty to the Company at the time of exercise of the Option as in the opinion of legal
counsel for the Company may be required by any applicable law or regulation, including the execution and delivery of an appropriate
representation statement. Accordingly, the stock certificates for the Shares issued upon exercise of this Option may bear appropriate
legends restricting transfer.

 

(c)Method
of Payment. Payment of the exercise price shall be by any of the following, or a combination thereof, at the election of Optionee:

 

a.cash;

 

b.certified
or bank cashier’s check; or

 

c.in
the event there exists a public market for the Company’s Common Stock on the date of exercise, by surrender of shares of
the Company’s Common Stock. If payment is made with already owned shares, payment shall be made as follows:

 

(i)Optionee
shall deliver to the Secretary of the Company a written notice which shall set forth the portion of the purchase price Optionee
wishes to pay with Common Stock, and the number of shares of such Common Stock the Optionee intends to surrender pursuant to the
exercise of this Option, which shall be determined by dividing the aforementioned portion of the purchase price by the Fair Market
Value per Share of the Common Stock at the close of the last business day immediately preceding the date of exercise of the Option,
as determined by the Committee;

 

(ii)Fractional
shares shall be disregarded, and Optionee shall pay any balance in cash;

 

     

     

    

 

(iii)The
written notice shall be accompanied by a duly endorsed blank stock power with respect to the number of Shares set forth in the
notice, and the certificate(s) representing said Shares shall be delivered to the Company at its principal offices within three
(3) working days from the date of the notice of exercise;

 

(iv)Optionee
hereby authorizes and directs the Secretary of the Company to transfer so many of the Shares represented by such certificate(s)
as are necessary to pay the purchase price in accordance with the provisions herein;

 

(v)If
any such transfer of Shares requires the consent of the California Commissioner of Corporations or of some other agency under
the securities laws of any other state, or an opinion of counsel for the Company or Optionee that such transfer may be effected
under applicable Federal and state securities laws, the time periods specified herein shall be extended for such periods as the
necessary request for consent to transfer is pending before said Commission or other agency, or until counsel renders such an
opinion, as the case may be. All parties agree to cooperate in making such request for transfer, or in obtaining such opinion
of counsel, and no transfer shall be effected without such consent or opinion if required by law; and

 

(vi)Notwithstanding
any other provision herein, Optionee shall only be permitted to pay the purchase price with shares of the Company’s Common
Stock owned by him as of the exercise date in the manner and within the time periods allowed under 17 CFR § 240.16b-3 promulgated
under the Securities Exchange Act of 1934 as such regulation is presently constituted, as it is amended from time to time, and
as it is interpreted now or hereafter by the Securities and Exchange Commission.

 

3.Term
and Expiration. This Option, if it has not earlier expired pursuant to the terms of this Agreement or the Plan, shall expire
in all events on the 10th anniversary of the Date of Grant set forth on the first page hereof.

 

4.Compliance
with State and Federal Securities Laws. No Shares shall be issued upon the exercise of this Option unless and until the Company
has determined that all applicable provisions of state and federal securities laws have been satisfied.

 

5.Adjustment
Upon Changes in Capitalization or Merger. The number of Shares covered by this Option shall be adjusted in accordance with
the provisions of Section 16 of the Plan in the event of changes in the capitalization or organization of the Company, or if the
Company is a party to a merger or other corporate reorganization.

 

6.Not
Employment Contract. Nothing in this Agreement or in the Plan shall confer upon Optionee any right to continue in the employ
of the Company (or any Subsidiary or Parent) or shall interfere with or restrict in any way the rights of the Company (or any
Subsidiary or Parent), which are hereby expressly reserved, to discharge Optionee at any time for any reason whatsoever, with
or without cause, subject to the provisions of applicable law. This is not an employment contract.

 

     

     

    

 

7.Income
Tax Withholding. Optionee authorizes the Company to report income and to withhold in accordance with applicable law from any
compensation payable to him or her any taxes required to be withheld by Federal, state or local laws as a result of the exercise
of this Option. Furthermore, in the event of any determination that the Company has failed to withhold a sum sufficient to pay
all withholding taxes due in connection with the exercise of this Option, Optionee agrees to pay the Company the amount of any
such deficiency in cash within five (5) days after receiving a written demand from the Company to do so, whether or not Optionee
is an Employee or service provider of the Company at that time.

 

8.Miscellaneous
Provisions.

 

(a)No
Rights as a Stockholder. Optionee shall have no rights as a stockholder with respect to any Shares subject to this Option
until the Shares have been issued in the name of Optionee.

 

(b)Confidentiality.
Optionee agrees and acknowledges that the terms and conditions of this Agreement, including without limitation the number of Shares
for which options have been granted, are confidential. Optionee agrees that he will not disclose these terms and conditions to
any third party, except to Optionee’s financial or legal advisors, tax preparer or family members, unless such disclosure
is required by law.

 

(c)Governing
Law. This Agreement and the rights and duties of the parties hereunder shall be governed and controlled as to validity, enforcement,
interpretation, construction, effect and in all other respects by the internal laws of the State of Nevada, without giving effect
to any choice or conflict of law provision or rule.

 

(d)Entire
Agreement. This Agreement, and the Plan, together with those documents that are referenced in this Agreement, are intended
to be the final, complete, and exclusive statement of the terms of the agreement between Optionee and the Company with regard
to the subject matter of this Agreement. This Agreement and the Plan supersede all other prior agreements, communications, and
statements, whether written or oral, express or implied, pertaining to that subject matter. This Agreement and the Plan may not
be contradicted by evidence of any prior or contemporaneous statements or agreements, oral or written, and may not be explained
or supplemented by evidence of consistent additional terms.

 

(e)Counterparts.
This Agreement may be executed in one or more counterparts all of which together shall constitute one and the same instrument.

 

[SIGNATURE
PAGE FOLLOWS]

 

     

     

    

 

IN
WITNESS WHEREOF, the Company and Optionee have executed this Non-Statutory Stock Option Grant and Agreement as of the date first
above written.

 

	 	CHATAND,
    INC.
	 	 
	 	By:	/s/
    Victoria Rudman
	 	Name:	Victoria
    Rudman
	 	Title:	Chief
    Financial Officer
	 	 	 
	 	OPTIONEE
	 	 
	 	 
	 	(signature)
	 	 
	 	Name:	 

 

	 	 	Address:
    	 
	 	 	 	 
	 	 	 	 

 

	 	Social
    Security No.:	 

 

     

     

    

 

Form
of Notice of Exercise

 

chatAND,
Inc.

244
5th Avenue

Suite
C68

New
York, NY 10001

 

Ladies
and Gentlemen:

 

This
constitutes notice under my stock option that I elect to purchase the number of shares for the price set forth below.

 

	 	Type
    of Option (check one):	____________________________
	 	 	 
	 	Stock
    Option Agreement dated: 	____________________________
	 	 	 
	 	Number
    of shares exercised:	____________________________
	 	 	 
	 	Early
    exercise election:	Yes
    [  ]	No
    [  ]
	 	 	 
	 	(if
    permitted under Stock Option Agreement)	 
	 	 	 
	 	Total
    Exercise Price:	$___________________________

 

By
this exercise, I agree (i) to provide the Company with such additional documents as it may require, if any, in accordance with
the provisions of the chatAND, Inc. 2011 Equity Incentive Plan, (ii) to pay (in the manner designated by the Company) any withholding
obligation relating to this option exercise and (iii) if this notice relates to the exercise of unvested shares under an early
exercise option, to immediately execute and deliver a Stock Restriction Agreement.

 

I
acknowledge that the shares being purchased by me hereunder have not been registered under the Securities Act of 1933, as amended
(the “Act”) and are “restricted securities” under Rule 701 and Rule 144 promulgated under the Act. I warrant
and represent to the Company that I have no present intention of distributing or selling the Shares, except as permitted under
the Act and any applicable state securities laws.

 

I
enclose my check for $______________ in full payment of the purchase price of said shares. Please register said shares in my name.

 

Dated:
__________________, 20___

 

	 	 
	 	Signature
	 	 
	 	 
	 	Name
    (Printed)
	 	 
	 	 
	 	 
	 	 
	 	Address
	 	 
	 	 
	 	Social
    Security No.SHARE
EXCHANGE AGREEMENT

 

This
SHARE EXCHANGE AGREEMENT (the “Agreement”) is effective as of February 29, 2016 (the “Effective Date”)
by and between chatAND, Inc., a Nevada corporation (the ‘‘Company”) and ___________________ (the “Option
Holder”)

 

RECITALS

 

WHEREAS,
the Company and the Option Holder are executing and delivering this Agreement in reliance upon the exemption from securities registration
afforded by Rule 144(d)(3)(ii) of the Securities Act of 1933, as amended (the “Securities Act”); and

 

WHEREAS,
as of the date hereof, the Option Holder holds options to purchase __________ shares of the Company’s common stock, par
value $0.001 with a per share exercise price of $0.10 (the “Options”).

 

AGREEMENT

 

NOW
THEREFORE, in consideration of the foregoing and the mutual obligations, undertakings and rights specified herein and for other
consideration the sufficiency and receipt of which is hereby acknowledged, the parties hereby agree as follows:

 

1.
Exchange of the Options. Subject to the terms of this Agreement, the Company and the Option Holder hereby agree that the Options
be exchanged in their entirety into ____________ shares of the Company’s common stock, par value $0.001, pursuant to Rule
144(d)(3)(ii) of the Securities Act. Subsequent to the conversion, the Option Holder acknowledges that the Options shall be fully
satisfied, cancelled and of no further force and effect.

 

2.
Representations and Warranties of the Option Holder. The Option Holder represents, warrants and agrees with the Company as
follows:

 

(a)
Due Execution. This Agreement has been duly executed and delivered by the Option Holder and constitutes a valid and binding
obligation of the Option Holder enforceable in accordance with its terms.

 

(b)
No Conflict. Neither the execution and delivery of this Agreement nor the consummation of the transactions contemplated
hereby will result in any breach or violation of, be in conflict with, or constitute a default under, any agreement or instrument
to which the Option Holder is a party or by which the Option Holder may be affected or is bound.

 

(c)
No Violation and Accredited Investor. The Option Holder is not subject to or obligated under any provisions of any law,
regulation, order, judgment or decree which would be breached or violated by the execution, delivery and performance of this Agreement
by the Option Holder and the consummation of the transactions contemplated hereby. Option Holder hereby represents and warrants
that the Option Holder is an “accredited investor” as such term if defined by the Securities Act.

 

     

     

    

 

3.
Miscellaneous.

 

(a)
Notices. All notices or other communications required or permitted by this Agreement or by law to be served on or given
to either party to this Agreement by the other party shall be in writing and shall be deemed duly served when personally delivered
to the Company at its corporate address or the Option Holder at their address of record on file with the Company’s transfer
agent.

 

(b)
Entire Agreement; Modifications; Waiver. This Agreement constitutes the entire agreement between the panics pertaining
to the subject matter contained in it, except for any other agreements referenced herein. This Agreement supersedes all prior
and contemporaneous agreements (other than those entered into in writing simultaneously with this Agreement), representations,
and understandings of the parties. No supplement, modification, or amendment of this Agreement shall be binding unless executed
in writing by all the parties. No waiver of any of the provisions of this Agreement shall be deemed, or shall constitute, a waiver
of any other provisions, whether or not similar, nor shall any waiver constitute a continuing waiver. No waiver shall be binding
unless executed in writing by the party making the waiver.

 

(c)
Necessary Acts. Each party to this Agreement agrees to perform any further acts and execute and deliver any further documents
that may be reasonably necessary to carry out the provisions of this Agreement.

 

(d)
Assignment. This Agreement and all the provisions hereof will be binding upon and inure to the benefit of the parties hereto
and their respective successors and permitted assigns.

 

(e)
Severability. If any provision of this Agreement is invalid, illegal, or unenforceable, the balance of this Agreement shall
remain in effect. If any provision is inapplicable to any person or circumstance, it shall nevertheless remain applicable to all
other persons and circumstances.

 

(f)
Disputes. Any dispute or other disagreement arising from or out of this Agreement shall be resolved in state court in New
York County, New York. Any such disputes may only be resolved by a bench trial. The interpretation and the enforcement of this
Agreement shall be governed by New York law as applied to contracts executed, delivered and to be performed entirely within the
State of New York.

 

(g)
Governing Law. The subject matter of this Agreement shall be governed by and construed in accordance with the laws of the
State of New York (without reference to its choice of law principles), and to the exclusion of the law of any other forum, without
regard to the jurisdiction in which any action or special proceeding may be instituted.

 

     

     

    

 

(h)
Attorneys’ Fees. Should any party hereto employ an attorney for the purpose of enforcing or constituting this Agreement,
or any judgment based on this Agreement, in any legal proceeding whatsoever, including insolvency, bankruptcy, arbitration, declaratory
relief or other litigation, the prevailing patty shall be entitled to receive from the other party or parties thereto reimbursement
for all reasonable attorneys’ fees and all reasonable costs, including but not limited to service of process, filing fees,
court and court reporter costs, investigative costs, expert witness fees, and the cost of any bonds, whether taxable or not, and
that such reimbursement shall be included in any judgment or final order issued in that proceeding. The “prevailing party”
means the party determined by the court to most nearly prevail and not necessarily the one in whose favor a judgment is rendered.

 

(i)
Execution of the Agreement. The Company and the Option Holder have the requisite corporate power and authority to enter
into and carry out the terms and conditions of this Agreement, as well as all transactions contemplated hereunder. All corporate
proceedings have been taken and all corporate authorizations and approvals have been secured which are necessary to authorize
the execution, delivery and performance by the Company and the Option Holder of this Agreement. This Agreement has been duly and
validly executed and delivered by the Company and the Option Holder and constitutes a valid and binding obligation, enforceable
in accordance with the respective terms herein. Upon delivery of this Agreement, this Agreement, and the other agreements and
exhibits referenced herein, will constitute the valid and binding obligations of Company and will be enforceable in accordance
with their respective terms. Delivery may take place via facsimile transmission.

 

(j)
Exclusive Agreement. This Agreement is the only Agreement executed by and between the Option Holder related to the material
described herein. There are no additional oral agreements or other understandings related to the matters described herein.

 

     

     

    

 

IN
WITNESS WHEREOF, the parties hereby have executed this Agreement as of the date first written above.

 

	chatAND,
    Inc.	 
	 	 
	By:	/s/
    Victoria Rudman	 
	 	Victoria
    Rudman	 
	 	Chief
    Financial Officer	 
	 	 	 
	By:

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