Document:

Exhibit 4.11

 

 

ID
GLOBAL SOLUTIONS CORPORATION

STOCK
OPTION AGREEMENT

 

 

This
Stock Option Agreement ("Agreement") is made and entered into as of the date set forth below, by and
between ID GLOBAL SOLUTIONS CORPORATION,
a Delaware corporation (the "Company"), and the following granted as officer to the Company (herein, the "Optionee"):

 

In
consideration of the covenants herein set forth, the parties hereto agree as follows:

 

1.
Option Information.

	 	(a)	Date of Option:	September 25, 2015
	 	(b)	Optionee:	Maksim Umarov
	 	(c)	Number of Shares:	3,000,000
	 	(d)	Exercise Price:	$0.10 per share

 

2.
Acknowledgements.

	 	           (a) Optionee is an executive officer of
    the Company;
	 	 
	 	           (b) The Board of Directors (the “Board”) has authorized the granting to Optionee of a stock option ("Option")
to purchase shares of common stock of the Company ("Stock") upon the terms and conditions hereinafter stated and pursuant
to an exemption from registration under the Securities Act of 1933, as amended (the "Securities Act") provided by Rule 701
thereunder.

 

3.
Shares; Price. The Company hereby grants to Optionee the right to purchase, upon and subject to the terms and conditions
herein stated, the number of shares of Stock set forth in Section 1(c) above (the "Shares") for cash at the price
per Share set forth in Section 1(d) above (the "Exercise Price").

 

4.
Term of Option. This Option shall expire, and all rights hereunder to purchase the Shares, shall terminate five (5) years
from the date hereof. Nothing contained herein shall be construed to interfere in any way with the right of the Company to terminate
Optionee as a director to the Company, or to increase or decrease the compensation paid to Optionee from the rate in effect as
of the date hereof.

 

5.
Vesting of Option. Subject to the provisions of Sections 7 and 8 hereof, this Option shall vest in eight (8) equal tranches
of 3,000,000 shares per quarter commencing on September 30, 2015. 

 

     

     

    

  

6. Exercise.
This Option shall be exercised by delivery to the Company of (a) written notice of exercise stating the number of Shares
being purchased (in whole shares only) and such other information set forth on the form of Notice of Exercise attached hereto
as Appendix A, (b) a check or cash in the amount of the Exercise Price of the Shares covered by the notice (or
such other consideration as has been approved by the Board of Directors consistent with the Plan) and (c) a written
investment representation as provided for in Section 13 hereof. Notwithstanding anything to the contrary contained in this
Option, this Option may be exercised by presentation and surrender of this Option to the Company at its principal executive
offices with a written notice of the holder’s intention to effect a cashless exercise, including a calculation of the
number of shares of Common Stock to be issued upon such exercise in accordance with the terms hereof (a “Cashless
Exercise”). In the event of a Cashless Exercise, in lieu of paying the Exercise Price in cash, the holder shall
surrender this Option for that number of shares of Common Stock determined by multiplying the number of Shares to which it
would otherwise be entitled by a fraction, the numerator of which shall be the difference between the then current Market
Price per share of the Common Stock and the Exercise Price, and the denominator of which shall be the then current Market
Price per share of Common Stock. For example, if the holder is exercising 100,000 Options with a per Warrant exercise price
of $0.75 per share through a cashless exercise when the Common Stock’s current Market Price per share is $2.00 per
share, then upon such Cashless Exercise the holder will receive 62,500 shares of Common Stock. Market Price is defined as the
average of the last reported sale prices on the principal trading market for the Common Stock during the thirty (30) trading
days immediately preceding such date. This Option shall not be assignable or transferable, except by will or by the laws of
descent and distribution, and shall be exercisable only by Optionee during his or her lifetime.

 

7.
Termination of Service. If Optionee's service as a Director to the Company terminates for any reason, no further installments
shall vest pursuant to Section 5. 

 

8.
Death of Optionee. If the Optionee shall die while serving as a director to the Company, Optionee's personal representative
or the person entitled to Optionee's rights hereunder may at any time within ninety (90) days after the date of Optionee's death,
or during the remaining term of this Option, whichever is the lesser, exercise this Option and purchase Shares to the extent,
but only to the extent, that Optionee could have exercised this Option as of the date of Optionee's death; provided, in any case,
that this Option may be so exercised only to the extent that this Option has not previously been exercised by Optionee.

 

9.
No Rights as Shareholder. Optionee shall have no rights as a shareholder with respect to the Shares covered by any installment
of this Option until the effective date of the issuance of shares following exercise of this to Option, and no adjustment will
be made for dividends or other rights for which the record date is prior to the date such stock certificate or certificates are
issued except as provided in Section 10 hereof.

 

10.
Recapitalization. Subject to any required action by the shareholders of the Company, the number of Shares covered by this
Option, and the Exercise Price thereof, shall be proportionately adjusted for any increase or decrease in the number of issued
shares resulting from a subdivision or consolidation of shares or the payment of a stock dividend.

 

    2 

     

    

 

11. Taxation
upon Exercise of Option. Optionee understands that, upon exercise of this Option, Optionee will recognize income, for
Federal and state income tax purposes, in an amount equal to the amount by which the fair market value of the
Shares, determined as of the date of exercise, exceeds the Exercise Price. The acceptance of the Shares by Optionee shall
constitute an agreement by Optionee to report such income in accordance with then applicable law and to cooperate with
Company in establishing the amount of such income and corresponding deduction to the Company for its income tax purposes.
Withholding for federal or state income and employment tax purposes will be made, if and as required by law, from Optionee's
then current compensation, or, if such current compensation is insufficient to satisfy withholding tax liability, the Company
may require Optionee to make a cash payment to cover such liability as a condition of the exercise of this Option.

 

12.
Modification, Extension and Renewal of Options. The Board may modify, extend or renew this Option or accept the surrender
thereof (to the extent not theretofore exercised) and authorize the granting of a new option in substitution therefore (to the
extent not theretofore exercised). Notwithstanding the foregoing provisions of this Section 12, no modification shall, without
the consent of the Optionee, alter to the Optionee's detriment or impair any rights of Optionee hereunder.

 

13.
Investment Intent; Restrictions on Transfer.

 

			(a)
                                         Optionee represents and agrees that if Optionee exercises this Option in whole or in
                                         part, Optionee will in each case acquire the Shares upon such exercise for the purpose
                                         of investment and not with a view to, or for resale in connection with, any distribution
                                         thereof; and that upon such exercise of this Option in whole or in part, Optionee (or
                                         any person or persons entitled to exercise this Option under the provisions of Sections
                                         7 and 8 hereof) shall furnish to the Company a written statement to such effect, satisfactory
                                         to the Company in form and substance. If the Shares represented by this Option are registered
                                         under the Securities Act, either before or after the exercise of this Option in whole
                                         or in part, the Optionee shall be relieved of the foregoing investment representation
                                         and agreement and shall not be required to furnish the Company with the foregoing written
                                         statement.

                                         

			(b)
                                         Optionee further represents that Optionee has had access to the financial statements
                                         or books and records of the Company, has had the opportunity to ask questions of the
                                         Company concerning its business, operations and financial condition, and to obtain additional
                                         information reasonably necessary to verify the accuracy of such information.
	 	 	 
	 	 	(c) Unless and until the Shares represented by this Option are registered under the Securities Act, all certificates representing
the Shares and any certificates subsequently issued in substitution therefor and any certificate for any securities issued
pursuant to any stock split, share reclassification, stock dividend or other similar capital event shall bear legends in substantially
the following form:

 

    3 

     

    

 

 

THESE
SECURITIES HAVE NOT BEEN REGISTERED OR OTHERWISE QUALIFIED UNDER THE SECURITIES ACT OF 1933 (THE 'SECURITIES ACT') OR UNDER
THE APPLICABLE OR SECURITIES LAWS OF ANY STATE. NEITHER THESE SECURITIES NOR ANY INTEREST THEREIN MAY BE SOLD, TRANSFERRED,
PLEDGED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF REGISTRATION UNDER THE SECURITIES ACT OR ANY APPLICABLE SECURITIES LAWS OF
ANY STATE, UNLESS PURSUANT TO EXEMPTIONS THEREFROM.

 

THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE BEEN ISSUED PURSUANT TO THAT CERTAIN STOCK OPTION AGREEMENT DATED _________,
2015 BETWEEN THE COMPANY AND THE ISSUEE WHICH RESTRICTS THE TRANSFER OF THESE SHARES WHICH ARE SUBJECT TO REPURCHASE BY THE
COMPANY UNDER CERTAIN CONDITIONS.

 

and/or
such other legend or legends as the Company and its counsel deem necessary or appropriate. Appropriate stop transfer instructions
with respect to the Shares have been placed with the Company's transfer agent.

 

14.
Stand-off Agreement. Optionee agrees that, in connection with any registration of the Company's securities under the Securities
Act, and upon the request of the Company or any underwriter managing an underwritten offering of the Company's securities, Optionee
shall not sell, short any sale of, loan, grant an option for, or otherwise dispose of any of the Shares (other than Shares included
in the offering) without the prior written consent of the Company or such managing underwriter, as applicable, for a period of
up to one year following the effective date of registration of such offering.

 

15.
Notices. Any notice required to be given pursuant to this Option or the Plan shall be in writing and shall be deemed to
be delivered upon receipt or, in the case of notices by the Company, five (5) days after deposit in the U.S. mail, postage prepaid,
addressed to Optionee at the address last provided by Optionee for use in Company records related to Optionee.

 

16.
This Option has been granted, executed and delivered in the State of Ohio, and the interpretation and enforcement shall be governed
by the laws thereof and subject to the exclusive jurisdiction of the courts therein.

 

[SIGNATURE
PAGE FOLLOWS]

 

    4 

     

    

 

 

In
Witness Whereof, the parties hereto
have executed this Option as of the date first above written.

 

 

	COMPANY:
                                         

         
	ID
                                         GLOBAL SOLUTIONS CORPORATION,

                                         a Delaware corporation

         

         

        By:
        ___________________

        Name:
        Thomas R. Szoke

        Title:CEO

	 	 
	                                                   OPTIONEE:	 

        By:
        ____________________

        (signature)

        Name:Maksim
        Umarov

	 	 

 

 

    5 

     

    

 

Appendix
A

 

NOTICE
OF EXERCISE

 

ID GLOBAL
SOLUTIONS CORPORATION

_________________

_________________

_________________

 

Re:
Stock Option

 

1)       Notice
is hereby given pursuant to Section 6 of my Stock Option Agreement that I elect to purchase the number of shares set forth below
at the exercise price set forth in my option agreement:

 

Stock
Option Agreement dated: ______________

 

Number
of shares being purchased: ____________

 

Exercise
Price: $____________

 

A
check in the amount of the aggregate price of the shares being purchased is attached.

 

OR

 

2)       I
elect a cashless exercise pursuant to Section 6 of my Stock Option Agreement. The
Average Market Price as of _______ was $_______.

 

I
hereby confirm that such shares are being acquired by me for my own account for investment purposes, and not with a view to, or
for resale in connection with, any distribution thereof. I will not sell or dispose of my Shares in violation of the Securities
Act of 1933, as amended, or any applicable federal or state securities laws. Further, I understand that the exemption from taxable
income at the time of exercise is dependent upon my holding such stock for a period of at least one year from the date of exercise
and two years from the date of grant of the Option.

 

I
understand that the certificate representing the Option Shares will bear a restrictive legend within the contemplation of the
Securities Act and as required by such other state or federal law or regulation applicable to the issuance or delivery of the
Option Shares.

 

 

		By:	 
	 	 	(signature)
	 	Name:	 

 

 

 

-1-Exhibit 10.1

 

ID
Global Solutions Corporation 

160
East Lake Brantley Drive 

Longwood,
Florida 32779

  

September
25, 2015

 

Herbert
M. Seltzer

 

Letter
of Appointment – Board of Directors

 

Dear
Mr. Seltzer:

 

We
are pleased to offer you the role as a director of the Board of Directors (the “Board”) of ID Global Solutions Corporation
(the “Company”). This letter contains the terms of your appointment as a director of the Board of Directors of the
Company and will be effective from the date of the signing of this letter.

 

1.     Your
Duties:     

 

a)    You
will be expected to attend all meetings (either in person or by teleconference) of the Board of the Company, of which we expect
to hold approximately four per annum as well as sign all written consents if you deem appropriate. In addition, you will be expected
to perform such other duties as are reasonably contemplated by your holding office as a director of the Company or which may reasonably
be assigned to you by the Board from time to time.    

 

b)    As
a director you will:     

 

i)     Perform
to the best of your abilities and knowledge the duties reasonably assigned to you by the Board from time to time, whether during
or outside business hours and at such places as the Board reasonably requires;     

 

		ii)	Use
                                         all reasonable efforts to promote the interests of the Company;

  

		iii)	Attend
                                         directors’ meetings;

  

iv)   Act
in the best interests of the Company; and     

 

v)    Work
closely with the Board of Directors and the Chief Executive Officer.     

 

c)    As
you will appreciate, however, your time commitment will ultimately be a product of the matters confronting the Company from time
to time and matters properly requiring your attention as a director of the Company.     

 

		2.	Remuneration:

                                         

 

Options:
The Company shall grant you options to purchase 400,000 shares of the Company’s common stock at US$0.15 per share. The options
will expire five years from the vesting period. As long as you remain a director of the Company, the options will vest on a quarterly
basis in the amount of 100,000 options per quarter commencing on September 30, 2015.

 

    	1

    	 

    

 

3.    Expenses:
Subject to you providing the Company with receipts or other evidence of payment, the Company will pay for or reimburse you for
all travelling, hotel and other expenses reasonably incurred by you in connection with attending and returning from Board, Committee,
Company, meetings or otherwise in connection with the Company’s business. Reasonable travel and out of pocket expenses used in
connection with the business of the Company shall include:     

 

a)    Domestic
and international travel (economy class under 4 hours and business class over 4 hours); and     

 

b)    Hotel
accommodation.     

 

4.    Termination
of Appointment:     

 

a)    Your
appointment as the Director may be terminated at any time by the vote of the stockholders of the Company in accordance with the
certificate of incorporation and bylaws of the Company.    

 

b)    You
acknowledge and agree that if the shareholders of the Company terminate your appointment, you will have no claim of any kind against
the Company by reason of the termination.          

 

		c)	You
                                         are at liberty to terminate the appointment at any time by notice in writing to the Company.

                                         

5.    What
happens after termination of appointment?     

If your appointment is terminated for any reason or you resign for any reason:     

 

a)    The
Company may set off any amounts you owe the Company against any amounts the Company owes to you as a Director at the date of termination
except for amounts the Company is not entitled by law to set off;     

 

b)    You
must return all the Company’s property (including property leased by the Company) to the Company on termination including all
written or machine readable material, software, computers, credit cards, keys and vehicles; and     

 

		c)	You
                                         must not record any confidential information in any form after termination.

                                         

6.    Prohibited
Activities:    

 

a)    You
undertake to the Company that you will not during the term of your appointment engage in a business or an activity that would
place you in a position of conflict in respect of the performance of your duties.     

 

b)    The
terms of your appointment do not restrict you from accepting appointment as a director of any other company outside of the
Company’s industry, providing consulting services or any other business or other activity whatsoever. The Company acknowledges
and accepts your current roles as a director.      You recognize that the services to be performed by
you under the Agreement are special, unique and extraordinary. The parties confirm that it is reasonably necessary for the protection
of the Company’s goodwill that you agree, and accordingly, you do hereby agree and covenant, that during your term as director,
you will not, directly or indirectly, except for the benefit of the Company: 

 

		i.	become
                                         an officer, director, more than 2% stockholder, partner, associate, employee, owner,
                                         proprietor, agent, creditor, independent contractor, co-venturer or otherwise, or be
                                         interested in or associated with any other corporation, firm or business engaged in the
                                         same or any similar business competitive with that of the Company (including the Company’s
                                         present and future subsidiaries and affiliates) (the “Business”); or

 

    	2

    	 

    

 

		ii.	solicit,
                                         cause or authorize, directly or indirectly, to be solicited for or on behalf of himself
                                         or third parties from parties who were customers of the Company (including its present
                                         and future subsidiaries and affiliates) at any time during your term, any business similar
                                         to the business transacted by the Company with such customer; or

 

		iii.	accept
                                         or cause or authorize, directly or indirectly, to be accepted for or on behalf of your
                                         or third parties, business from any such customers of the Company (including its present
                                         and future subsidiaries and affiliates); or

 

		iv.	solicit,
                                         or cause or authorize, directly or indirectly, to be solicited for employment for or
                                         on behalf of you or third parties, any persons who were at any time during your term
                                         hereunder, employees of the Company (including its present and future subsidiaries and
                                         affiliates); or

 

		v.	employ
                                         or cause or authorize, directly or indirectly, to be employed for or on behalf of yourself
                                         or third parties, any such employees of the Company (including its present and future
                                         subsidiaries and affiliates); or

 

		vi.	use
                                         the tradenames, trademarks, or trade dress of any of the products of the Company (including
                                         its present and future subsidiaries and affiliates); or any substantially similar tradename,
                                         trademark or trade dress likely to cause, or having the effect of causing, confusion
                                         in the minds of manufacturers, customers, suppliers and retail outlets and the public
                                         generally.

 

You
acknowledge the intention that the Company shall have the broadest possible protection of the value of its business consistent
with public policy, and it will not violate the intent of the parties if any court should determine that, consistent with established
precedent of the forum state, the public policy of such state requires a more limited restriction in geographical area or duration
of the aforesaid covenant not to compete, contained in an appropriate decree.

 

		c)	Except
                                         as permitted in this Agreement or as approved by the Company, you will not (i) use any
                                         Confidential Information (as defined below) or (ii) disseminate or in any way disclose
                                         the Confidential Information to any person, firm, business or governmental agency or
                                         department. You may use the Confidential Information to perform your Duties for the benefit
                                         of Company. You shall treat all Confidential Information with the same degree of care
                                         as you accord to your own confidential information, but in no case shall you use less
                                         than reasonable care. You shall immediately give notice to Company of any unauthorized
                                         use or disclosure of the Confidential Information. You shall assist Company in remedying
                                         any the unauthorized use or disclosure of the Confidential Information. You agree not
                                         to communicate any information to Company in violation of the proprietary rights of any
                                         third party.

 

“Confidential
Information” means (a) any technical and non-technical information related to the Company’s business and current,
future and proposed products and services of Company, including for example and without limitation, Company innovations, intellectual
property, and information concerning research, development, design details and specifications, financial information, procurement
requirements, engineering and manufacturing information, customer lists, business forecasts, sales information, marketing plans
and business plans, and provided, in each case, that each is marked as “confidential” or “proprietary”
and (b) any information that Company has received from others that may be made known to you and that Company is obligated to treat
as confidential or proprietary, and provided, in each case, that each is marked as “confidential” or “proprietary”.

 

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7.     Notices
and Other Communications:     

a)     Service
of Notices     

 

A notice, demand, consent, approval or communication under this letter (collectively a “Notice”) must be:     

 

i)     In
writing and in English directed to the address advised by the recipient for notices, as varied by any notice; and     

 

ii)    Hand
delivered or sent by prepaid post or facsimile to that address.     

b)   Effective
on Receipt: A Notice given in accordance with section 7a takes effect when received (or at a later time specified in the Notice),
and is taken to be received:    

 

i)     If
hand delivered, on delivery;     

 

ii)    If
sent by prepaid post, two Business Days after the date of posting (or seven Business Days after the date of posting if posted
to or from outside The United States of America);     

 

iii)   If
sent by facsimile, when the sender’s facsimile system generates a message confirming successful transmission of the entire Notice
unless, within eight Business Hours after the transmission, the recipient informs the sender that it has not received the entire
Notice;

but if the delivery, receipt or transmission is not on a Business Day or is after 5.00pm on a Business Day, the Notice is taken
to be received at 9.00am on the Business Day after that delivery, receipt or transmission.     

 

		8.	Miscellaneous

                                         

a)    Alterations:
This letter may be altered only in writing signed by each party.     

 

b)    Approvals
and consents: Except where this letter expressly states otherwise, a party may, in its discretion, give conditionally or unconditionally
or withhold any approval or consent under this letter.     

 

c)    Assignment:
This letter may NOT be assigned by either party.     

 

		d)	Costs:
                                         Each party must pay its own costs of negotiating, preparing and executing this letter.

                                         

e)    Survival:
Any indemnity in this letter is independent and survives termination of this letter. Any other provision by its nature intended
to survive termination of this letter survives termination of this letter.     

 

f)    Counterparts:
This letter may be executed in counterparts. All executed counterparts constitute one document.     

 

g)    No
Merger: The rights and obligations of the parties under this letter do not merge on completion of any transaction contemplated
by this letter.     

 

h)    Entire
Agreement: This letter constitutes the entire agreement between the parties in connection with its subject matter and supersedes
all previous agreements or understandings between the parties in connection with its subject matter.     

  

    	4

    	 

    

 

i)     Further
Action: Each party must do, at its own expense, everything reasonably necessary (including executing documents) to give full effect
to this letter and the transactions contemplated by it.     

 

j)     Waiver:
A party does not waive a right, power or remedy if it fails to exercise or delays in exercising the right, power or remedy. A
single or partial exercise of a right, power or remedy does not prevent another or further exercise of that or another right,
power or remedy. A waiver of a right, power or remedy must be in writing and signed by the party giving the waiver.     

 

k)    Relationship:
Except where this letter expressly states otherwise, it does not create a relationship of employment, agency or partnership between
the parties.     

 

l)     Confidentiality:
A party may only use the confidential information of another party for the purposes of this letter, and must keep the existence
of this letter and the terms of it and the confidential information of another party confidential information except where:     

 

i)     The
information is public knowledge (but not because of a breach of this letter) or the party has independently created the information;     or    

 

		ii)	Disclosure
                                         is required by law or a regulatory body (including a relevant stock exchange).

                                         

m)   Announcements:
A public announcement in connection with this letter or a transaction contemplated by it must be agreed by the parties before
it is made, except if required by law or a regulatory body (including a relevant stock exchange).     

 

9.    Insurance:
The Company has directors’ and officers’ liability insurance under which you are covered in the US and elsewhere for all usual
risks during the term of your appointment as the Director. The Company will maintain that cover for the full term of your appointment.     

 

10.  Contract
for Services: This is a contract for services and is not a contract of employment.     

 

11.  Governing
Law: This Agreement shall be governed by the laws of the State of Florida (without giving effect to choice of law principles or
rules thereof that would cause the application of the laws of any jurisdiction other than the State of Florida) and the invalidity
or unenforceability of any provision hereof shall in no way affect the validity or enforceability of any other provision. Any
provision of this Agreement which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective
only to the extent of such prohibition or unenforceability without invalidating or affecting the remaining provisions hereof,
and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in
any other jurisdiction.     

 

[SIGNATURE
PAGE FOLLOWS]

 

    	5

    	 

    

 

Please
sign the attached copy of this letter to indicate that you have read, understood and accept the terms of your appointment.

 

Yours
Sincerely,

 

ID Global
Solutions Corporation 

 

	By:/s/ Thomas R. Szoke
	Name: Thomas R. Szoke
	Title: CEO and Director
	 
	Agreed to and accepted by:     
	 
	/s/ Herbert M. Seltzer
	Herbert M. Seltzer

 

    	6

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