Document:

Exhibit
10.8

 

EXECUTIVE
EMPLOYMENT AGREEMENT

 

This
EXECUTIVE EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into as of the 8th
day of September, 2020 (the “Effective Date”) by and between VIVOS THERAPEUTICS, INC., a Delaware corporation
having its principal place of business at 9137 S. Ridgeline Blvd., Suite 135, Highlands Ranch, Colorado 80129 (the “Company”)
and BRAD AMMAN, an individual currently residing in Littleton, Colorado (the “Executive”). As
used herein, the term “Parties” shall be used to refer to the Company and Executive jointly.

 

RECITALS

 

A.
Company is engaged in the business of, among other things, developing and marketing products for the treatment of sleep and breathing
disorders;

 

B.
Executive is currently employed by Company as Chief Financial Officer;

 

C.
Company desires to continue to employ Executive in the capacity of an executive officer of Company, and Executive desires to be
employed in such capacity and on the terms and conditions set forth in this Agreement;

 

D.
The success of Company depends to a substantial extent upon maintaining strict secrecy with respect to confidential information
and trade secrets relating to the business of Company;

 

E.
Executive, by reason of Executive’s employment with Company, is being given access to and will acquire, or has been given
access to and acquired, knowledge of confidential and sensitive business information and trade secrets of Company, and may further
be involved in customer, product, and/or intellectual property development during the course of Executive’s employment;

 

F.
Executive acknowledges that Company has informed Executive that it is only willing to continue to employ Executive in reliance
upon the agreements and covenants of Executive herein, and that executing and complying with this Agreement is an express condition
of continued employment.

 

AGREEMENT

 

NOW,
THEREFORE, in consideration of the mutual covenants hereinafter set forth, the Parties agree as follows:

 

1.
Employment.

 

(a)
Company hereby employs Executive to serve as the Chief Financial Officer of Company on the terms and conditions set forth herein.
In such capacity, Executive shall have the responsibilities normally associated with such position, subject to the direction and
supervision of the Board of Directors of Company (the “Board”), including the duties set forth in Attachment
A. Company shall not materially alter Executive’s title, duties, obligations or responsibilities without Executive’s
prior written consent.

 

    	 

    	 

    

 

(b)
Executive accepts employment hereunder and agrees that, during the term of Executive’s employment, Executive will observe
and comply with the policies and rules of Company and devote substantially all Executive’s time during normal business hours
and best efforts to the performance of Executive’s duties hereunder, which duties shall be performed in an efficient and
competent manner and to the best of Executive’s ability. Executive further agrees that, during the term of this Agreement,
Executive will not, without the prior written consent of the Board, directly or indirectly engage in any manner in any business
or other endeavor, either as an owner, employee, officer, director, independent contractor, agent, partner, advisor, or in any
other capacity calling for the rendition of Executive’s personal services. This restriction shall not preclude Executive
from having passive investments, and devoting reasonable time to the supervision thereof (so long as such does not create a conflict
of interest or interfere with Executive’s obligations hereunder), in any business or enterprise that is not in competition
with any business or enterprise of Company or any of its parents, subsidiaries or affiliates. This Agreement shall not limit Executive’s
community, religious, or charitable activities so long as such activities do not impair or interfere with Executive’s performance
of the services contemplated by this Agreement.

 

(c)
Executive’s employment and the place of performance of Executive’s duties will be at Company’s corporate headquarters
and/or at a separate office facility in Denver, Colorado, or at such other location as mutually agreed upon by Executive and Company.
Company shall not require Executive to relocate outside of the Denver, Colorado, area without Executive’s prior written
consent.

 

2.
Compensation; Benefits.

 

For
all services rendered by Executive to or on behalf of Company, Company shall provide or cause to be provided to Executive, subject
to making any and all withholdings and deductions required of Company by law with all other income tax consequences being borne
by Executive, the following:

 

(a)
Base Salary. Executive shall receive an annualized base salary of One Hundred Eighty Thousand and 00/100 Dollars ($180,000.00),
which will be increased to Two Hundred Thirty Thousand Five Hundred Fifty-Eight Dollars and 00/100 Dollars ($230,558.00) per year
after consummation of the Company’s initial public offering (the “Base Salary”), payable in accordance
with the normal payroll practices of Company, and net of applicable withholding and deductions. Executive’s Base Salary
shall be reviewed annually by the Board. Any increases in such Base Salary shall be at the sole discretion of the Board; provided,
however, that the adjustment shall be the greater of a) if Company is public, base salary equivalent to the fiftieth (50th)
percentile for public companies (listed on Nasdaq, NYSE or NYSE-MKT for year ending the prior December 31 or later) in similar
or like industries or of comparable revenue size and/or EBITDA for companies in lieu of comparable industry benchmarks, or b)
two percent (2%) increase of the Base Salary. The Board of Directors shall have the right to increase the Base Salary more often
than annually at its sole discretion.

 

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(b)
Management Incentive Plan. Executive shall be eligible for incentive compensation in accordance with Attachment B
(the “Management Incentive Plan”), attached hereto and made a part hereof by this reference. Incentive
compensation shall be paid not less frequently than annually, and prorated as applicable.

 

(c)
Incentive Stock Options; Stock Option Plan; Stock Purchase Plan. Executive shall be eligible to participate in Company’s
Stock Option Plan and Stock Purchase Plan during the term of employment as determined by the Board in its sole discretion and
subject to the terms of any such plans.

 

(d)
Expense Reimbursement. Executive shall be provided with American Express and/or Visa/Master Card credit cards issued in
the name of Company for purposes of paying business expenses, including without limitation, business travel, entertainment, lodging
and similar activities. Additionally, Executive shall be entitled to receive proper reimbursement for all reasonable out-of-pocket
business expenses incurred directly by Executive in performing Executive’s duties and obligations under this Agreement.
Company shall reimburse Executive for such business expenses on a monthly basis, upon submission by Executive of appropriate receipts,
vouchers or other documents in accordance with Company’s policy.

 

(e)
Fringe Benefits. Executive shall be entitled to participate in any fringe benefit plans as adopted by the Company from
time to time and applicable to other employees of Company, including without limitation profit-sharing, 401(k), incentive savings,
group life insurance, salary continuation, and disability plans, subject to the terms and conditions of each such plan. Company
will provide Executive with Company-paid medical and dental insurance. Company reserves the right to adopt, amend, modify, replace,
or discontinue any such fringe benefit plan or its relative contribution to such plan at any time and in its sole discretion.

 

(f)
Cellular Telephone & Internet. Company shall provide Executive with a Company-paid cellular telephone and high speed
internet access for use on Company business and Company shall be responsible for all costs and expenses incurred in connection
with the operation and use of such services, including but not limited to, monthly service charges and maintenance; provided,
however, that Company shall not be responsible for costs and expenses incurred for personal use by Executive.

 

(g)
Paid Time Off. Executive shall be eligible for four (4) weeks of paid time off annually. Accrued but unused paid time off
will be compensated in accordance with Company’s policy as established by Company from time to time. Executive may take
the paid time off at any time during the year, so long as it does not create hardship for Company. In addition, Executive shall
be eligible for such other days off as shall be determined by Company from time to time and shall be entitled to paid sick leave
and paid holidays in accordance with Company’s policies applicable to other executive employees. Upon the termination of
this Agreement for any reason whatsoever, Executive shall have the right to receive any accrued but unused paid time off.

 

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3.
Term and Termination.

 

(a)
Term. Unless terminated earlier, the term of this Agreement shall be for the period commencing with the Effective Date
and continuing until terminated by either party in accordance with this Section 3 (the “Term”).

 

(b)
Termination By Company for Cause. Company may terminate this Agreement immediately at any time for Cause. For purposes
of this Agreement, “Cause” shall mean (i) any act of dishonesty or fraud with respect to Company; (ii) commission
of a felony or a crime involving moral turpitude or the entrance of a plea of guilty or nolo contendere to a felony or a crime
involving moral turpitude; (iii) any other criminal act, reasonably determined by the Board, to cause material harm to Company’s
standing and reputation; (iv) any action involving a material breach of the terms of the Agreement, including Executive’s
continued material failure to perform Executive’s duties to Company after thirty (30) days’ written notice thereof
to Executive (spelling out in sufficient detail such failures), without correction of such failure; or (v) gross negligence or
willful misconduct by Executive with respect to Company, as reasonably determined by the Board; or (vi) any acts that violate
any policy of Company relating to discrimination or harassment. In the event of a termination for Cause, Executive shall be entitled
to receive Executive’s Base Salary and Management Incentive Plan compensation, if any, only through the date of termination
for Cause, and Executive’s Option Shares shall be deemed vested only through the date of such termination for Cause. However,
if a dispute arises between Company and Executive that is not resolved within sixty (60) days and neither party initiates arbitration
proceedings, Company shall have the option, but not the obligation, to pay Executive the lump sum of six (6) months of Executive’s
Base Salary in effect at the time of termination (the “Severance Payment”), rather than Executive’s Base
Salary and Management Incentive Plan compensation, if any, through the date of termination for Cause, and Executive’s Option
Shares shall continue to be deemed vested through the date of such termination for Cause. Such determination to pay the Severance
Payment in lieu of Executive’s Base Salary and Management Incentive Plan compensation shall be made in the reasonable judgment
of the Board. If Company elects to make the Severance Payment, the Parties hereto agree that such payment shall be Executive’s
complete and exclusive remedy for such a termination for Cause. Executive agrees to execute a separation agreement in a form acceptable
to Company containing standard and customary releases as a condition precedent to receiving the Severance Payment.

 

(c)
Termination By Company Without Cause. Company may terminate this Agreement immediately at any time without Cause by giving
Executive written notice specifying the effective date of such termination. In the event of a termination without Cause, Executive
shall be entitled to receive Management Incentive Plan compensation in accordance with the terms and conditions of Attachment
B, as well as Executive’s Base Salary in effect at the time of termination for a period of one year, plus health benefits,
payable in periodic installments on Company’s regular paydays, and all of Executive’s Option Shares shall be deemed
vested. Provided, however, that Executive agrees to execute a separation agreement in a form acceptable to Company containing
standard and customary releases as a condition precedent to receiving any such benefits.

 

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(d)
Termination By Executive For Good Reason. Executive shall be entitled to terminate this Agreement immediately at any time
for Good Reason by giving Company written notice of such termination. For purposes of this Agreement, “Good Reason”
shall mean (i) the assignment to Executive of duties inconsistent with the position and nature of Executive’s employment
as Chief Financial Officer, the substantial and material reduction of the duties of Executive, which is inconsistent with the
position and nature of Executive’s employment as Chief Financial Officer, or the change of Executive’s title indicating
a substantial and material change in the position and nature of Executive’s employment; (ii) a reduction in compensation
and benefits that would diminish the aggregate value of Executive’s compensation and benefits without Executive’s
written consent (except in the case of an equal reduction in salaries for all senior executives because of the financial condition
of Company); or (iii) the failure by Company to obtain from any successor an agreement to assume and perform this Agreement; provided,
however, that Executive shall not have the right to terminate this Agreement for Good Reason unless: (A) Executive has provided
written notice to Company of the intent to terminate the Agreement under this provision identifying the specific condition Executive
believes to constitute Good Reason; (B) Company has been given at least 30 days after receiving such notice to cure such condition;
and (C) Company fails to reasonably cure the condition. If Executive resigns with Good Reason, this Agreement shall terminate
but: (a) Executive shall continue to receive Management Incentive Plan compensation, if any, in accordance with the terms and
conditions of Attachment B and Executive’s Base Salary then in effect for a period of two years, payable in periodic
installments on Company’s regular paydays; and (b) all of Executive’s Incentive Option Shares shall be deemed vested.
Provided, however, that Executive agrees to execute a separation agreement in a form acceptable to Company containing standard
and customary releases as a condition precedent to receiving any such benefits.

 

(e)
Termination By Executive Without Good Reason. Executive may also terminate this Agreement at any time without Good Reason
by giving Company at least sixty (60) days’ prior written notice. In such event, Executive shall be entitled to receive
Executive’s Base Salary and Management Incentive Plan compensation, if any, only through the date of such resignation and
Executive’s Option Shares shall be deemed vested only through the date of such resignation.

 

(f)
Termination Due To Disability. If Executive becomes so incapacitated by reason of accident, illness, or other disability
that Executive is unable to carry on substantially all of the normal duties and obligations of Executive under this Agreement
for a continuous period of one-hundred-eighty (180) days (the “Incapacity Period”), this Agreement shall terminate
but: (a) Executive shall continue to receive, through the end of Company’s fiscal year, Management Incentive Plan compensation
in accordance with the terms and conditions of Attachment B; (b) Executive’s Base Salary then in effect during the
Incapacity Period and for the six (6) month period thereafter (the “Extended Period”), payable in periodic
installments on Company’s regular paydays, reduced by the amount of any payment(s) received by Executive pursuant to any
disability insurance policy proceeds; and (c) Executive’s Option Shares shall be deemed vested through the Extended Period.
For purposes of the foregoing, Executive’s permanent disability or incapacity shall be determined in accordance with Company’s
disability insurance policy, if such a policy is then in effect, or if no such policy is then in effect, such permanent disability
or incapacity shall be determined by Company’s Board in its good faith judgment based upon Executive’s inability to
perform normal and reasonable duties and obligations.

 

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(g)
Termination Due To Death. If Executive dies during the Term of this Agreement, (a) Company shall pay to the estate of Executive
Executive’s Management Incentive Plan compensation, if any, through the end of Company’s current fiscal year, in accordance
with the terms and conditions of Attachment B; (b) Company shall pay to the estate of Executive Executive’s Base
Salary for the Extended Period beginning on the date of death, payable in periodic installments on Company’s regular paydays;
and (c) Executive’s Option Shares shall be deemed vested through the date of the Extended Period. Other death benefits will
be determined in accordance with the terms of Company’s benefit plans and programs.

 

(h)
Termination in Connection with a Change In Control. In the event of a Change In Control (as defined below), and notwithstanding
the fact that Executive may continue to provide services from and after the Change In Control, on the date of a Change In Control,
(a) Executive shall receive Management Incentive Plan compensation in accordance with the terms and conditions of Attachment
B and a lump sum payment equivalent to two years of Executive’s Base Salary then in effect; and (b) all of Executive’s
Incentive Option Shares (as such term is defined herein) shall be deemed vested. For purposes of this Agreement, “Change
In Control” shall mean, excepting therefrom any initial public offering or transactions or series of transactions, including
a reverse merger or similar transaction that results in Company becoming registered with the United States Securities and Exchange
Commission either solely or as a wholly-owned subsidiary of a public company, (1) a merger or consolidation in which securities
possessing more than fifty percent (50%) of the total combined voting power of Company’s outstanding securities are transferred
to a person or persons different from the persons holding those securities immediately prior to such transaction in a transaction
approved by the stockholders, or the sale, transfer, or other disposition of more than fifty percent (50%) of the total combined
voting power of Company’s outstanding securities to a person or persons different from the persons holding those securities
immediately prior to such transaction; (2) the sale, transfer or other disposition of all or substantially all of Company’s
assets in complete liquidation; or (3) dissolution of Company other than in connection with a transaction described in this Section
3(h).

 

(i)
Provisions of Agreement that Survive Termination. No termination of this Agreement shall affect any of the rights and obligations
of the Parties hereto under Sections 4 through 9, and it is expressly contemplated by the Parties that such rights and obligations
shall survive such termination in accordance with the terms of such sections.

 

(j)
Resignation from Positions. Upon termination of Executive hereunder for any reason, Executive agrees that Executive shall
be deemed to have resigned from all officer, director, management or board positions to which Executive may have been elected
or appointed by reason of Executive’s employment or involvement with Company, specifically including but not limited to
any other boards and/or industry associations in which Executive serves as a result of or in Executive’s capacity as Chief
Financial Officer (collectively, the “Associations”). Executive agrees to promptly execute and deliver to Company
or its designee any other document, including without limitation a letter of resignation, reasonably requested by Company to effectuate
the purposes of this Section 3(j). If Company is unable, after reasonable effort, to secure Executive’s signature on any
document that Company deems to be necessary to effectuate the purposes of this Section 3(j), Executive hereby designates and appoints
Company and its duly authorized officers and agents as Executive’s agent and attorney-in-fact, to act for and on Executive’s
behalf to execute, verify and submit to any appropriate third party any such document, which shall thereafter have the same legal
force and effect as if executed by Executive.

 

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4.
Restrictive Covenants.

 

In
order to protect Company’s legitimate business interests, including but not limited to confidential or trade secret business
information, relationships with customers, the goodwill of Company, and loyalty to Company, Executive agrees as follows:

 

(a)
Non-Competition. During Executive’s employment with Company and, if Executive’s employment is terminated for
any reason whatsoever, whether by Executive or Company and whether with or without Cause or Good Reason, for a period of twenty
four (24) months after the date of such termination (the “Termination Date”), Executive agrees that Executive
will not, directly or indirectly, for Executive’s own account, or on behalf any other person, company or entity (and whether
as an employee, director, officer, shareholder, associate, partner, manager, agent, advisor, independent contractor, consultant
or otherwise), engage in a Competitive Business within the Restricted Area. The following definitions shall apply to this Section
4(a):

 

(i)
The term “Competitive Business” means any business whose products, services, or activities compete in whole
or in part with the products services, or activities of Company, or planned products, services, or activities in which Executive
was involved, during Executive’s employment with Company.

 

(ii)
The term “Restricted Area” shall mean the continental United States.

 

(b)
Non-Solicitation. During Executive’s employment with Company and, if Executive’s employment is terminated for
any reason whatsoever, whether by Executive or Company and whether with or without Cause or Good Reason, for a period of twenty
four (24) months after the Termination Date, Executive agrees that Executive will not, either personally or as an employee, agent,
director, officer, shareholder, associate, partner, manager, agent, advisor, independent contractor, proprietor, consultant or
otherwise:

 

(i)
directly or indirectly solicit or accept business from or otherwise divert from Company any customers or prospective customers
of Company for products or services that are similar to or competitive with products or services offered or sold by Company, or
planned products, services, or activities in which Executive was involved, during Executive’s employment with Company;

 

(ii)
directly or indirectly attempt to attract any actual or prospective customer, supplier, or vendor away from Company or use information
regarding Company’s customers, suppliers, or vendors in any way which would detrimentally affect Company;

 

(iii)
directly or indirectly solicit, hire, recruit, divert or take away from Company the services of any of the employees or agents
of Company, or induce in any way any non-performance of any of the obligations of such employees or agents to Company; and

 

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(iv)
undertake, or engage in, any employment or business activities involving the disclosure or use of Company’s intellectual
property, trade secrets, or Confidential Information.

 

(c)
Scope of Restrictions. For the purposes of Section 4(b)(i) and 4(b)(ii), above, the actual and prospective customers, vendors,
and suppliers restricted shall only be those with which Company conducted business in the twenty-four (24) month period preceding
the date of solicitation or the Termination Date, whichever is earlier, and with which Executive had contact or about which Executive
learned Confidential Information. The restrictions in Section 4(b) shall be without limitation as to geography.

 

(d)
Tolling of Restrictive Covenants. Should Executive violate any of the terms of Section 4 of this Agreement, the duration
of the restrictions contained in Section 4 shall be extended by the duration of time during which Executive was in violation of
the same.

 

(e)
Property of Company. Any property, confidential information, and all other business information, data, or documents, shall
be and remain solely and exclusively the property of Company. During Executive’s employment, Executive shall not remove
from the property or premises of Company any confidential information or any other documents or data relating to the business,
work, services or sales of Company, or copies thereof, unless authorized by Company and required for Executive to perform Executive’s
duties under this Agreement. Upon the termination of Executive’s employment (regardless of whether such termination is with
or without Cause or Good Reason), Executive shall promptly deliver to Company all property, documents, files, data, and other
items (whether maintained in electronic or hard copy format) obtained in the course of Executive’s employment with Company,
including any Company-leased vehicle, whether or not Executive believes such items constitute or contain confidential information,
and without retaining any copies, notes, or excerpts thereof. At Company’s request, Executive shall permit Company or its
designee to review any computer, devices, or data storage hardware on which Executive stored or accessed any business information
of Company or its customers to confirm that such business information has been permanently removed and deleted therefrom.

 

(f)
Remedies. Executive acknowledges that the restrictions contained herein are reasonable, mutually beneficial, and necessary
in order to protect Company’s legitimate business interests, that any violation thereof would result in irreparable injury
to Company and that Executive therefore acknowledges and agrees that, in the event of any violation hereof, Executive shall be
authorized and entitled to obtain temporary, preliminary, and permanent injunctive relief, as well as an equitable accounting
of all profits or benefits arising out of such violation, which rights and remedies shall be cumulative and in addition to any
other rights or remedies to which Company may be entitled.

 

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(g)
Inventions; Intellectual Property; Confidential Information. The Employee Nondisclosure and Invention, IP and Copyright
Assignment Agreement between Company and Executive dated _________ (the “Nondisclosure Agreement”) is incorporated
and made a part hereof by this reference. Notwithstanding the other provisions of this Agreement and the Nondisclosure Agreement,
Executive will not be held criminally or civilly liable under any Federal or State trade secret law for the disclosure of a trade
secret that: (A) is made (i) in confidence to a Federal, State, or local government official, either directly or indirectly, or
to an attorney, and (ii) solely for the purpose of reporting or investigating a suspected violation of law; or (B) is made in
a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal. In addition, if Executive
files a lawsuit for retaliation by Company for reporting a suspected violation of law, Executive may disclose the trade secret
to Executive’s attorney and use the trade secret information in the court proceeding if Executive files any document containing
the trade secret under seal and does not disclose the trade secret except pursuant to court order.

 

5.
Non-Disparagement.

 

Following
the termination of Executive’s employment hereunder for any reason, Executive agrees that Executive shall not make any statements
disparaging Company, its Board, its business, and/or the officers, directors, stockholders, or employees of Company or the Associations.
Nothing in this Agreement shall prohibit Executive from responding to a subpoena, court order or similar legal process; provided,
however, that prior to Executive making any disclosures required by a subpoena or other court order relating to Company,
Executive shall provide Company with written notice of the subpoena, court order or similar legal process sufficiently in advance
of such disclosure to afford Company a reasonable opportunity to challenge the subpoena, court order or similar legal process.

 

6.
Non-Assignability.

 

It
is understood that this Agreement has been entered into personally by the Parties. Neither party shall have the right to assign,
transfer, encumber or dispose of any duties, rights or payments due hereunder, which duties, rights and payments with respect
hereto are expressly declared to be non-assignable and non-transferable, being based upon the personal services of Executive,
and any attempted assignment or transfer shall be null and void and without binding effect on either party; provided, however,
that Company may assign this Agreement to any parent, subsidiary, affiliate or successor corporation.

 

7.
Indemnification.

 

Company
agrees that it shall indemnify and hold harmless Executive in connection with legal proceedings seeking to impose liability on
Executive in such Executive’s capacity as an officer or employee of Company to the fullest extent permitted under Company’s
Articles of Incorporation and Bylaws. In furtherance thereof, Company and Executive each agree to execute and deliver an indemnification
agreement by and between Company and Executive in a form acceptable to Company. Further, Executive shall be entitled to coverage
under the Directors and Officers Liability Insurance program to the same extent as other senior executives of Company. However,
in order to receive indemnification under this provision, (a) Executive must notify Company immediately, in writing, of any legal
proceedings seeking to impose liability on Executive in such Executive’s capacity as a director, officer or employee of
Company; and (b) is not permitted to settle any claims without written consent from Company.

 

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8.
Complete Agreement.

 

Except
as to any prior intellectual property, non-competition, non-solicitation and non-disclosure covenants or agreements entered into
between Company and Executive, this Agreement constitutes the full understanding and entire employment agreement of the Parties,
and supersedes and is in lieu of any and all other understandings or agreements between Company and Executive. Nothing herein
is intended to limit any rights or duties Executive has under the terms of any applicable incentive compensation, benefit plan
or other similar agreements.

 

9.
Disputes.

 

Notwithstanding
Section 4 reserving the right to seek injunctive relief, this Section of this Agreement will be enforceable for the duration of
Executive’s employment with Company, and thereafter with respect to any such claims arising from or relating to Executive’s
employment or cessation of employment with Company. THE PARTIES ACKNOWLEDGE THAT THEY MUST ARBITRATE ALL SUCH EMPLOYMENT-RELATED
CLAIMS, AND THAT THEY MAY NOT FILE A LAWSUIT IN COURT, OTHER THAN FOR THE PURPOSES OF SEEKING INJUNCTIVE RELIEF UNDER SECTION
4.

 

Any
dispute or claim arising to or in any way related to this Agreement shall be settled by binding arbitration in Denver, Colorado,
but any dispute or controversy arising out of or interpreting this Agreement shall be settled in accordance with the laws of the
State of Colorado as if this Agreement were executed and all actions were performed hereunder within the State of Colorado. All
arbitration shall be conducted in accordance with the rules and regulations of the American Arbitration Association (“AAA”).
AAA shall designate an arbitrator from an approved list of arbitrators following both Parties’ review and deletion of those
arbitrators on the approved list having a conflict of interest with either party. Each party shall pay its own expenses associated
with such arbitration and except for Company’s obligations under the Securities Exchange Act of 1934, if any, the Parties
agree to keep all such matters confidential. A demand for arbitration shall be made within a reasonable time after the claim,
dispute or other matter has arisen and in no event shall such demand be made after the date when institution of legal or equitable
proceedings based on such claim, dispute or other matter in question would be barred by the applicable statutes of limitations.
The decision of the arbitrators shall be rendered within 60 days of submission of any claim or dispute, shall be in writing and
mailed to all the Parties included in the arbitration. The decision of the arbitrator shall be binding upon the Parties and judgment
in accordance with that decision may be entered in any court having jurisdiction thereof.

 

The
only claims or disputes excluded from binding arbitration under this Agreement are the following: any claim by Executive for workers’
compensation benefits or for benefits under a Company plan that provides its own arbitration procedure; and any claim by either
Party for equitable relief, including but not limited to, a temporary restraining order, preliminary injunction or permanent injunction
against the other party. This agreement to submit all covered claims to binding arbitration in no way alters the exclusivity of
Executive’s remedy in the event of any termination with or without Cause.

 

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10.
Amendments.

 

Any
amendment to this Agreement shall be made only in writing and signed by each of the Parties hereto.

 

11.
Governing Law.

 

The
internal laws of the State of Colorado shall govern the construction and enforcement of this Agreement.

 

12.
Notices.

 

Any
notice required or authorized hereunder shall be deemed delivered when deposited, postage prepaid, in the United States mail,
certified, with return receipt requested, addressed to the Parties as follows:

 

	If
    to Executive:	Brad
    Amman
	 	__________
	 	____________
		
	With
    a copy to:	
	 	
	If
    to Company:	Vivos
    Therapeutics, Inc.
	 	9137
    S. Ridgeline Blvd #135 
	 	Highlands
                                         Ranch, CO 80129

        

        Attention:
        Board of Directors

	 	 
	With
    a copy to: 	 

 

13.
Code Section 409A.

 

(a)
This Agreement is intended to comply with Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”)
and related U.S. Treasury regulations or pronouncements (“Section 409A”) and any ambiguous provision will be
construed in a manner that is compliant with or exempt from the application of Section 409A. Any reference to an Executive’s
termination of employment shall mean a cessation of the employment relationship between the Executive and Company which constitutes
a “separation from service” as determined in accordance with Section 409A.

 

(b)
Anything in this Agreement to the contrary notwithstanding, if on the date of termination of Executive’s employment with
Company, as a result of such termination, Executive would receive any payment that, absent the application of this Section 13
would be subject to interest and additional tax imposed pursuant to Section 409A(a) as a result of the application of Section
409A(a)(2)(B)(i) of the Code, then no such payment shall be made prior to the date that is the earliest of (i) 6 months after
the date of termination of Executive’s employment; (ii) Executive’s death; or (iii) such other date as will cause
such payment not to be subject to such interest and additional tax.

 

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14.
Excise Tax .

 

(a)
Anything in this Agreement to the contrary notwithstanding, in the event it shall be determined that any payment, award, benefit
or distribution (including, without limitation, the acceleration of any payment, award, distribution or benefit), by Company or
its subsidiaries to or for the benefit of Executive (whether pursuant to the terms of this Agreement or otherwise, but determined
without regard to any additional payments required under this Section 14) (a “Payment”) would be subject to
the excise tax imposed by Section 4999 of the Code or any corresponding provisions of state or local tax law, or any interest
or penalties are incurred by Executive with respect to such excise tax (such excise tax, together with any such interest and penalties,
are hereinafter collectively referred to as, the “Excise Tax”), then Executive shall be entitled to receive
an additional payment (a “Gross-Up Payment”) in an amount such that after payment by Executive of all taxes
(including any Excise Tax, income tax or employment tax) imposed upon the Gross-Up Payment and any interest or penalties imposed
with respect to such taxes, Executive retains from the Gross-Up Payment an amount equal to the excess, if any, of (i) the Excise
Tax imposed upon the Payments, and (ii) the Excise Tax, if any, that would have been imposed on the Payments if the Executive
had not served as a non-employee director of Company prior to the Effective Date (and, therefore, Executive’s non-employee
director compensation had not been taken into account in the Excise Tax computation). The payment of a Gross-Up Payment under
this Section 14(a) shall not be conditioned upon Executive’s termination of employment. Notwithstanding the foregoing provisions
of this Section 14, if it shall be determined that Executive is entitled to a Gross-Up Payment, but that the portion of the Payments
that would be treated as “parachute payments” under Section 2800 of the Code does not exceed the Safe Harbor Amount
(as defined in the following sentence) by more than $100,000, then no Gross-up Payment shall be made to Executive and the amounts
payable under this Agreement shall be reduced so that the Payments, in the aggregate, are reduced to the Safe Harbor Amount. The
“Safe Harbor Amount” is the greatest amount of payments in the nature of compensation that are contingent on a Change
in Control for purposes of Section 280G of the Code that could be paid to Executive without giving rise to any Excise Tax. The
reduction of the amounts payable hereunder, if applicable, shall be made by reducing the cash payments under Section 3. For purposes
of reducing the payments to the Safe Harbor Amount, only amounts payable under this Agreement (and no other Payments) shall be
reduced. If the reduction of the amounts payable under this Agreement would not result in a reduction of the Payments to the Safe
Harbor Amount, no amounts payable under this Agreement shall be reduced pursuant to this Section 14(a).

 

    	12

    	 

    

 

(b)
Subject to the provisions of Section 14(c), all determinations required to be made under this Section 14, including the determination
of whether a Gross-Up Payment is required and of the amount of any such Gross-Up Payment, shall be made by Company’s independent
auditors or such other accounting firm agreed by the Parties hereto (the “Accounting Firm”), which shall provide
detailed supporting calculations to Company within 15 business days after the receipt of notice from Company that Executive has
received a Payment, or such earlier time as is requested by Company, provided that any determination that an Excise Tax is payable
by Executive shall be made on the basis of substantial authority. Company will promptly provide copies of such supporting calculations
to Executive. The Initial Gross-Up Payment, if any, as determined pursuant to this Section 14(b), shall be paid to Executive (or
for the benefit of the Executive to the extent of Company’s withholding obligation with respect to applicable taxes) no
later than the later of (i) the due date for the payment of any Excise Tax; and (ii) the receipt of the Accounting Firm’s
determination. If the Accounting firm determines that no Excise Tax is payable by Executive, it shall furnish Company with a written
opinion that substantial authority exists for Executive not to report any Excise Tax on his Federal income tax return and, as
a result, Company is not required to withhold Excise Tax from payments to Executive. Company will promptly provide a copy of any
such opinion to Executive. Any determination by the Accounting Firm meeting the requirements of this Section 14(b) shall be binding
upon Company and Executive. As a result of the uncertainly in the application of Section 4999 of the Code at the time of the initial
determination by the Accounting Firm hereunder, it is possible that Gross-Up Payments which will not have been made by Company
should have been made (“Underpayment”), consistent with the calculations required to be made hereunder. In
the event that Company exhausts its remedies pursuant to Section 14(c) and Executive thereafter is required to make a payment
of Excise Tax, the Accounting Firm shall determine the amount of the Underpayment, if any, that has occurred and any such Underpayment
shall be promptly paid by Company to or for the benefit of Executive. The fees and disbursements of the Accounting Firm shall
be paid by Company.

 

(c)
Executive shall notify Company in writing of any claim by the Internal Revenue Service that, if successful, would require the
payment by Company of a Gross-Up Payment. Such notification shall be given as soon as practicable but not later than ten business
days after Executive receives written notice of such claim and shall apprise Company of the nature of such claim and the date
on which such Claim is requested to be paid. Executive shall not pay such claim prior to the expiration of the 30-day period following
the date on which it gives such notice to Company (or such shorter period ending on the date that any payment of taxes with respect
to such claim is due). If Company notifies Executive in writing prior to the expiration of such period that it desires to contest
such claim, Executive shall:

 

(i)
give Company any information reasonably requested by Company relating to such claim;

 

(ii)
take such action in connection with contesting such claim as Company shall reasonably request in writing from time to time, including,
without limitation, accepting legal representation with respect to such claim by an attorney reasonably selected by Company;

 

(iii)
cooperate with Company in good faith in order to effectively contest such claim; and

 

(iv)
permit Company to participate in any proceedings relating to such claim; provided, however that Company shall bear and pay directly
all costs and expenses (including additional interest and penalties) incurred in connection with such contest and shall indemnify
and hold Executive harmless, on an after-tax basis, for any Excise Tax, income tax or employment tax, including interest and penalties
with respect thereto, imposed as a result of such representation and payment of costs and expenses. Without limitation on the
foregoing provisions of this Section 14(c), Company shall control all proceedings taken in connection with such contest and, at
its sole option, may pursue or forgo any and all administrative appeals, proceedings, hearings and conferences with the taxing
authority in respect of such claim and may, at its sole option, either direct Executive to pay the tax claimed and sue for a refund
or contest the claim in any permissible manner, and Executive agrees to prosecute such contest to a determination before any administrative
tribunal, in a court of initial jurisdiction and in one or more appellate courts, as Company shall determine; provided, however,
that if Company directs Executive to pay such claim and sue for a refund, Company shall advance the amount of such payment to
Executive on an interest-free basis and shall indemnify and hold Executive harmless, on an after-tax basis, from any Excise Tax,
income tax or employment tax, including interest or penalties with respect thereto, imposed with respect to such advance (except
that if such a loan would not be permitted under applicable law, Company may not direct Executive to pay the claim and sue for
a refund); and further provided that any extension of the statute of limitations relating to the payment of taxes for the taxable
year of Executive with respect to which such contested amount is claimed to be due is limited solely to such contested amount.
Furthermore, Company’s control of the contest shall be limited to issues with respect to which a Gross-Up Payment would
be payable hereunder and Executive shall be entitled to settle or contest, as the case may be, any other issue raised by the Internal
Revenue Service or any other taxing authority.

 

    	13

    	 

    

 

(d)
If, after the receipt by Executive of an amount advanced by Company pursuant to Section 14(c), Executive becomes entitled to receive
any refund with respect to such claim, Executive shall (subject to Company’s complying with the requirements to Section
14(c)) promptly pay Company the amount of such refund (together with any interest paid or credited thereon after taxes applicable
thereto). If, after the receipt by Executive of an amount advanced by Company pursuant to Section 14(c), a determination is made
that Executive shall not be entitled to any refund with respect to such claim and Company does not notify Executive in writing
of its intent to contest such denial of refund prior to the expiration of 30 days after such determination, then such advance
shall be forgiven and shall not be required to be repaid and the amount of such advance shall offset, to the extent thereof, the
amount of the Gross-Up Payment required to be paid.

 

15.
Binding Effect.

 

This
Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors, permitted assigns, heirs,
executors and legal representatives.

 

16.
Counterparts.

 

This
Agreement may be executed by the Parties hereto in separate counterparts, each of which when so executed and delivered shall be
an original but all such counterparts together shall constitute one and the same instrument. Each counterpart may consist of two
copies hereof each signed by one of the Parties hereto.

 

17.
Construction.

 

Headings
in this Agreement are for convenience only and shall not control the meaning of this Agreement. Whenever applicable, masculine
and neutral pronouns shall equally apply to the feminine genders; the singular shall include the plural and the plural shall include
the singular. The Parties have reviewed and understand this Agreement, and each has had a full opportunity to negotiate this Agreement’s
terms and to consult with counsel of their own choosing. Therefore, the Parties expressly waive all applicable common law and
statutory rules of construction that any provision of this Agreement should be construed against this Agreement’s drafter,
and agree that this Agreement and all amendments thereto shall be construed as a whole, according to the fair meaning of the language
used.

 

18.
Severability and Modification by Court.

 

If
any court of competent jurisdiction declares any provision of this Agreement invalid or unenforceable, the remainder of this Agreement
shall remain fully enforceable. To the extent that any such court concludes that any provision of this Agreement is void or voidable,
the court shall reform such provision(s) to render the provision(s) enforceable, but only to the extent absolutely necessary to
render the provision(s) enforceable and only in view of the Parties’ express desire that Company be protected to the greatest
extent allowed by law from unfair competition, unfair solicitation and/or the misuse or disclosure of its confidential information
and records containing such information.

 

[Signature
Page to follow.]

 

    	14

    	 

    

 

THIS
CONTRACT CONTAINS A BINDING ARBITRATION PROVISION WHICH MAY BE ENFORCED BY THE PARTIES.

 

IN
WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the day of the date first written above.

 

	 	VIVOS
    THERAPEUTICS, INC.
	 	 	 
	 	By:
    	/s/
    R. Kirk Huntsman
	 	 	 
	 	Title:
    	Chief
    Executive Officer
	 	 	 
	 	EXECUTIVE:
	 	 
	 	

/s/ Brad Amman

	 	BRAD AMMAN

 

    	15

    	 

    

 

Attachment
A

 

Job
Description for Chief Financial Officer

 

Job
Title: Chief Financial Officer

 

Department:
Executive

 

Reports
To: Chief Executive Officer

 

SUMMARY

 

The
Chief Financial Officer (“CFO”) has primary responsibility for assisting the CEO in developing the strategic
direction and positioning of the Company.

 

The
CFO is accountable for the accounting and financial operations of the Company.

 

The
CFO leads and directs Vivos by performing the following duties personally or through subordinate managers.

 

ESSENTIAL
DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

 

	 	●	assist
    the CEO in developing, for the Board’s approval, a strategic direction and positioning to ensure the Corporation’s
    success; 
	 	 	 
	 	●	together
    with the CEO, develop and recommend to the Board an annual operating plan, financial forecast and financial budget that support
    the Corporation’s long term strategy;
	 	 	 
	 	●	create,
    coordinate, and evaluate the financial controls and supporting information systems of the Corporation; 
	 	 	 
	 	●	together
    with the CEO, approve and coordinate changes and improvements to disclosure controls and procedures and internal control over
    financial reporting;
	 	 	 
	 	●	ensure
    that effective internal controls are in place and take steps to enhance, where necessary, the internal control systems within
    the Corporation; 
	 	 	 
	 	●	keep
    the Board aware of the financial position and financial development of the Corporation; 
	 	 	 
	 	●	develop
    appropriate key performance indicators to monitor and drive the financial performance of the Corporation;
	 	 	 
	 	●	ensure
    proper training of all personnel working on financial, accounting, audit or fiscal matters;
	 	 	 
	 	●	oversee
    and monitor the Corporation’s financial position, banking and financing activities and capital structure and monitor
    the respect of banking and financial covenants and hedging arrangements, as applicable;
	 	 	 
	 	●	ensure
    the adequacy of the Corporation’s insurance coverage;
	 	 	 
	 	●	oversee
    and monitor effective tax strategies and compliance for the Corporation;
	 	 	 
	 	●	coordinate
    the preparation of the Corporation’s financial statements and management discussion and analysis (annual and interim);
    
	 	 	 
	 	●	review,
    approve and present the Corporation’s annual and interim earnings releases, financial statements and management discussion
    and analysis; 

 

    	16

    	 

    

 

	 	●	certify
    documents as required under securities laws;
	 	 	 
	 	●	oversee
    the mandate and the work of the internal auditor of the Corporation;
	 	 	 
	 	●	coordinate
    the annual audit (and any special or non-recurring audit) with the Corporation’s external auditors;
	 	 	 
	 	●	coordinate
    the review, and liaise with the external auditors as required, of all financial information disclosed in any offering documents
    of the Corporation;
	 	 	 
	 	●	communicate
    transparently and collaborate to the fullest extent possible with the Corporation’s external auditors;
	 	 	 
	 	●	oversee
    the Corporation’s processes for identifying, assessing and managing the principal risks of the Corporation’s business;
	 	 	 
	 	●	assist
    the Corporation’s Audit Committee in performing its duties required under the applicable securities laws and the Audit
    Committee Charter;
	 	 	 
	 	●	attend
    meetings of the Board and its Committees and present the financial information necessary or relevant to the Board or such
    Committees for discharging its and their duties; 
	 	 	 
	 	●	ensure
    the information communicated to the public fairly portrays the position of the Corporation;
	 	 	 
	 	●	establish
    and maintain lines of communications with the investor community and oversee the dissemination of the Corporation’s
    press releases, annual report, communications with analysts and the media and investor relations; and
	 	 	 
	 	●	perform
    other functions related to the office of the CFO or as may be reasonably requested by the Corporation’s CEO or Board.
	 	 	 
	 	●	Any
    other job, duty or task reasonably assigned from time to time by the Board of Directors of Vivos, acting reasonably.

 

    	17EX-4.1

 Exhibit 4.1 
  

 
 ZQ|CERT#|COY|CLS|RGSTRY|ACCT#|TRANSTYPE|RUN#|TRANS# 
COMMON STOCK PAR VALUE $0.0001 COMMON STOCK 
tarsus 
Certificate Number ZQ00000000 
Shares 
* * 000000* * * * * * * * * * * * * * * * * * 
* * * 000000* * * * * * * * * * * * * * * * *

* * * * 000000* * * * * * * * * * * * * * * * 
* * * * * 000000* * * * * * * *
* * * * * * * 
* * * * * * 000000* * * * * * * * * * * * * * 
TARSUS
PHARMACEUTICALS, INC INCORPORATED UNDER THE LAWS OF THE STATE OF DELAWARE 
THIS CERTIFIES THAT 
MR. SAMPLE & MRS. SAMPLE & MR. SAMPLE & MRS. SAMPLE 
** Mr. Alexander David Sample
**** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample 
**** Mr. Alexander David Sample
**** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David 
Sample **** Mr. Alexander David Sample
**** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander 
David Sample **** Mr. Alexander David Sample
**** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. 
Alexander David Sample **** Mr. Alexander David Sample
**** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** 
Mr. Alexander David Sample **** Mr. Alexander David Sample
**** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample 
**** Mr. Alexander David Sample **** Mr. Alexander David Sample
**** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David 
Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample
**** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander 
David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample
**** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. 
Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample
**** Mr. Alexander David Sample **** Mr. Alexander David Sample **** 
Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample
**** Mr. Alexander David Sample **** Mr. Sample **** Mr. Sample 
SEE REVERSE FOR CERTAIN DEFINITIONS 
CUSIP 87650L 10 3 
is the owner of 
***ZERO HUNDRED THOUSAND ZERO HUNDRED ZERO***

**000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares*** 
*000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares**** 
000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****0 
00000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****00 
0000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000 
000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****0000 
00**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****00000 
0**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000 
**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000* 
*Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000** 
Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**S 
THIS CERTIFICATE IS TRANSFERABLE IN CITIES DESIGNATED BY THE TRANSFER AGENT, AVAILABLE ONLINE AT www.computershare.com 
FULLY-PAID AND NON-ASSESSABLE SHARES OF COMMON STOCK OF

Tarsus Pharmaceuticals, Inc (hereinafter called the “Company”), transferable on the books of the Company in person or by duly authorized attorney, upon
surrender of this Certificate properly endorsed. This Certificate and the shares represented hereby, are issued and shall be held subject to all of the provisions of the Certificate of Incorporation, as amended, and the By-Laws, as amended, of the Company (copies of which are on file with the Company and with the Transfer Agent), to all of which each holder, by acceptance hereof, assents. This Certificate is not valid unless
countersigned and registered by the Transfer Agent and Registrar. 
Witness the facsimile seal of the Company and the facsimile signatures of its duly authorized
officers. 
FACSIMILE SIGNATURE TO COME 
President 
FACSIMILE SIGNATURE TO COME 
Secretary 
TARSUS PHARMACEUTICALS, INC DELAWAR E CORPORATE SEAL 11/17/2016 
DATED DD-MMM-YYYY 
COUNTERSIGNED AND REGISTERED: 
COMPUTERSHARE TRUST COMPANY, N.A. 
TRANSFER AGENT AND REGISTRAR, 
By 
AUTHORIZED SIGNATURE 
SECURITY INSTRUCTIONS ON REVERSE 
1234567 
tarsus 
PO BOX 505006, Louisville, KY 40233-5006 
MR A SAMPLE DESIGNATION (IF ANY) ADD 1 
ADD 2 
ADD 3 
ADD 4 
CUSIP/IDENTIFIER XXXXXX XX X 
Holder ID XXXXXXXXXX 
Insurance Value 1,000,000.00 
Number of Shares 123456 
DTC 12345678 123456789012345 
Certificate Numbers Num/No. Denom. Total 
1234567890/1234567890 1 1 1 
1234567890/1234567890 2 2 2 
1234567890/1234567890 3 3 3 
1234567890/1234567890 4 4 4 
1234567890/1234567890 5 5 5 
1234567890/1234567890 6 6 6 
Total Transaction 7 

  
  

TARSUS PHARMACEUTICALS, INC 
 THE COMPANY WILL FURNISH WITHOUT
CHARGE TO EACH SHAREHOLDER WHO SO REQUESTS, A SUMMARY OF THE POWERS, DESIGNATIONS, PREFERENCES AND RELATIVE, PARTICIPATING, OPTIONAL OR OTHER SPECIAL RIGHTS OF EACH CLASS OF STOCK OF THE COMPANY AND THE QUALIFICATIONS, LIMITATIONS OR RESTRICTIONS OF
SUCH PREFERENCES AND RIGHTS, AND THE VARIATIONS IN RIGHTS, PREFERENCES AND LIMITATIONS DETERMINED FOR EACH SERIES, WHICH ARE FIXED BY THE CERTIFICATE OF INCORPORATION OF THE COMPANY, AS AMENDED, AND THE RESOLUTIONS OF THE BOARD OF DIRECTORS OF THE
COMPANY, AND THE AUTHORITY OF THE BOARD OF DIRECTORS TO DETERMINE VARIATIONS FOR FUTURE SERIES. SUCH REQUEST MAY BE MADE TO THE OFFICE OF THE SECRETARY OF THE COMPANY OR TO THE TRANSFER AGENT. THE BOARD OF DIRECTORS MAY REQUIRE THE OWNER OF A LOST
OR DESTROYED STOCK CERTIFICATE, OR HIS LEGAL REPRESENTATIVES, TO GIVE THE COMPANY A BOND TO INDEMNIFY IT AND ITS TRANSFER AGENTS AND REGISTRARS AGAINST ANY CLAIM THAT MAY BE MADE AGAINST THEM ON ACCOUNT OF THE ALLEGED LOSS OR DESTRUCTION OF ANY SUCH
CERTIFICATE. 
  

															
	
The following abbreviations, when used in the inscription on the face of this certificate, shall be construed as though they were written
out in full according to applicable laws or regulations:
  

	    	 	TEN COM	 	- as tenants in common	 	UNIF GIFT MIN ACT -	 	  
	 	Custodian	 	  
	 	    
	 	 		 		 		 	(Cust)	 		 	(Minor)	 	 
	 	 	TEN ENT	 	- as tenants by the entireties	 		 	under Uniform Gifts to Minors Act	 	  
	 	 
	 	 		 		 		 		 		 	(State)	 	 

															
	    	 	JT TEN	 	 - as joint tenants with right of survivorship and not as tenants in common
	 	UNIF TRF MIN ACT -	 	  
	 	Custodian (until age	 	  
	 	)
	 	 		 		 	(Cust)	 		 		 	 

																	
	 	 		 		 		 	  
	 	under Uniform Transfers to Minors Act	 		 	  
	 	 
	 	 		 		 		 	(Minor)	 		 		 	(State)	 	    
	  

Additional abbreviations may also be used though not in the above list.

  

			
		  	PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF ASSIGNEE
	For value received,
                                        
hereby sell, assign and transfer unto	  	    

 

	
	  

	 (PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING POSTAL ZIP CODE, OF
ASSIGNEE)

       

 
  

      
  

 

			
	  
	  	Shares
	 of the common stock represented by the within Certificate, and do hereby irrevocably constitute and
appoint
	  	
		
	  
	  	Attorney
	 to transfer the said stock on the books of the within-named Company with full power of substitution
in the premises.
	  	

  

									
	Dated:	  	  
	  	20                    	 		  	
Signature(s) Guaranteed: Medallion Guarantee Stamp

THE SIGNATURE(S) SHOULD BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION (Banks, Stockbrokers, Savings and Loan Associations and Credit Unions)
WITH MEMBERSHIP IN AN APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM, PURSUANT TO S.E.C. RULE 17Ad-15.

	  
 Signature:
	  	  
  
	 	
	  
 Signature:
	  	  
  
	 	    
		  	 Notice:  The signature to this assignment must correspond with the name as
written upon the face of the certificate, in every particular, without alteration or enlargement, or any change whatever.
	 	
		  	    	  		 	
		  	    	  		 	

 
  

							
	  
 SECURITY INSTRUCTIONS

 
 THIS IS WATERMARKED PAPER, DO NOT ACCEPT WITHOUT NOTING WATERMARK. HOLD TO LIGHT TO
VERIFY WATERMARK.
	 	  
 

	 	 The IRS requires that the named transfer agent (“we”) report the cost basis of certain shares or units acquired after
January 1, 2011. If your shares or units are covered by the legislation, and you requested to sell or transfer the shares or units using a specific cost basis calculation method, then we have processed as you requested. If you did not specify a
cost basis calculation method, then we have defaulted to the first in, first out (FIFO) method. Please consult your tax advisor if you need additional information about cost basis.

 
 If you do not keep in contact with the issuer or do not have any activity in your
account for the time period specified by state law, your property may become subject to state unclaimed property laws and transferred to the appropriate state.

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