Document:

BIOMETRX,
      INC.

    NONQUALIFIED
      STOCK OPTION AGREEMENT

    

    

    This
      Stock Option Agreement is made by and between bioMETRX, Inc., a corporation
      formed under the laws of the State of Delaware (the “Company”), and the
      individual (“Optionee”) specified on the attached Notice of Grant of Stock
      Options and Option Agreement (the “Notice”).

    

    WITNESSETH:

    

    WHEREAS,
      the Optionee is a valued employee of the Company; and

    

    WHEREAS,
      the Company considers it desirable and in its best interest that the Optionee
      be
      provided an inducement to acquire an ownership interest in the Company and
      an
      additional incentive to advance the interest of the Company through the grant
      of
      an option to purchase shares of the $.001 par value common stock of the Company
      pursuant to the provisions of the Company’s 2005 Equity Incentive Plan (the
“Plan”).

    

    NOW,
      THEREFORE, in consideration of the premises contained herein and in the Plan,
      it
      is agreed as follows:

    

    (1) Grant
      of Option.
      Subject
      to the terms and conditions contained herein and in the Plan, the Company hereby
      grants the Optionee the right, privilege and option (the “Option”) to purchase
      the number of shares specified in the attached Notice of the $.001 par value
      common stock of the Company at a price per share specified in the attached
      Notice, the fair market value of each such share on the date of grant. The
      future value of such shares is unknown and cannot be predicted with certainty.
      If such shares do not increase in value, the Option will have no
      value.

    

    (2) Term
      and Vesting of Option.
      The term
      of the Option shall be for the period set forth on the Notice, but in no event
      for more than ten (10) years (“Term”) from the date of this Agreement and,
      subject to the terms and provisions hereof and the Plan, the Option shall vest
      and Optionee may exercise the Option in accordance with the vesting schedule
      specified in the attached Notice and within the Term. Subject to the foregoing,
      the Option may be exercised in whole or in part with respect to all or any
      portion of the shares to which it relates.

    

    (3) Method
      of Exercise.
      The
      Option shall be exercised by the transmittal of written notice thereof to the
      Company at its principal place of business. Such notice shall specify the number
      of shares which the Optionee elects to purchase, shall be signed by the Optionee
      and shall be accompanied by payment of the purchase price for the shares which
      the Optionee elects to purchase. Such payment may be made in whole or in part
      (i) in cash, (ii) by authorizing a Company-approved third party to sell the
      shares (or a sufficient portion of the shares) acquired upon exercise of the
      Option and remit to the Company a sufficient portion of the sale proceeds to
      pay
      the entire purchase price and any tax withholding resulting from such exercise,
      or (iii) by any other means authorized by the Plan. The Company may instruct
      the
      broker to deposit the entire sale proceeds into a Company owned account for
      further distribution to the Optionee, net of the entire purchase price and
      any
      tax withholding resulting from such exercise.

    

    (4) Termination
      of Option.
      The
      Option shall terminate on the earliest to occur of the following:

     

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

     

    (a) The
      expiration date set forth on the Notice or ten (10) years from the date of
      this
      Agreement.

    

    (b) Three
      (3)
      months after the termination of the Optionee’s director relationship with the
      Company, unless such termination is the result of disability, death or
      retirement.

    

    (c) In
      the
      case of termination as a result of disability or death, one (1) year after
      the
      date of such termination.

    

    (d) In
      the
      case of termination as a result of retirement (as determined by the
      administrator of the Plan in its sole discretion), five (5) years after the
      date
      of such termination.

    

    (5) Plan;
      Restrictions.
      In all
      respects this Agreement and the Option granted herein shall be subject to the
      terms and provisions of the Plan which has been, or is being, provided, or
      otherwise made available, to the Optionee and is incorporated herein by
      reference. Accordingly, the rights of the Optionee under this Agreement and
      the
      shares of common stock of the Company which the Optionee may purchase hereunder
      are subject to certain restrictions as set forth in the Plan.

    

    (6) Rights
      Prior to Exercise of Option.
      The
      Optionee shall have no rights as a stockholder with respect to the shares of
      stock subject to the Option until the exercise of his rights hereunder and
      the
      issuance and delivery to Optionee of a certificate or certificates evidencing
      such shares.

    

    (7) Transferability.
      Except
      as otherwise provided in this Section, the Option is not transferable other
      than
      by will or the laws of descent and distribution, and the Option may be
      exercised, during the lifetime of the Optionee, only by the Optionee. However,
      the Optionee, with the approval of the Committee, may transfer the Option for
      no
      consideration to or for the benefit of the Optionee’s Immediate Family
      (including, without limitation, to a trust for the benefit of the Optionee’s
      Immediate Family or to a partnership or limited liability company for one or
      more members of the Optionee’s Immediate Family), subject to such limits as the
      Committee may establish, and the transferee shall remain subject to all the
      terms and conditions applicable to the Option prior to such transfer. The
      forgoing right to transfer the Option shall apply to the right to consent to
      amendments to this Agreement. The term “Immediate Family” shall mean the
      Optionee’s spouse, parents, children, stepchildren, adoptive relationships,
      sisters, bothers and grandchildren (and, for this purpose, shall also include
      the Optionee).

    

    (8) Termination
      of the Plan; No Right to Future Grants; Extraordinary Item of
      Compensation.
      By
      entering into the Notice and Stock Option Agreement, the Optionee acknowledges:
      (i) that the Plan is discretionary in nature and may be suspended or terminated
      by the Company at any time; (ii) that the grant of the Option is a one-time
      benefit which does not create any contractual or other right to receive future
      grants of options, or benefits in lieu of options; (iii) that all determinations
      with respect to any such future grants, including, but not limited to, the
      times
      when options shall be granted, the number of shares subject to each option,
      the
      option price, and the time or times when each option shall be exercisable,
      will
      be at the sole discretion of the Company; (iv) that the Optionee’s participation
      in the Plan is voluntary; (v) that the value of the option is an extraordinary
      item of compensation which is outside the scope of the Optionee’s employment
      contract, if any; and (vi) that the Option is not part of normal or expected
      compensation for purposes of calculating any severance, resignation, redundancy,
      end of service payments, bonuses, long-service awards, pension or retirement
      benefits or similar payments.

     

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

     

    (9) Data
      Privacy.
      By
      entering into the Notice and Stock Option Agreement, the Optionee: (i)
      authorizes the Company and Subsidiary, and any agent of the Company and
      Subsidiary administering the Plan or providing Plan recordkeeping services,
      to
      disclose to the Company or any of its subsidiaries such information and data
      as
      the Company or any such subsidiary shall request in order to facilitate the
      grant of options and the administration of the Plan; (ii) waives any data
      privacy rights he or she may have with respect to such information; and (iii)
      authorizes the Company and Subsidiary to store and transmit such information
      in
      electronic form.

    

    (10) Applicable
      Laws and Consent to Jurisdiction.
      The
      validity, construction, interpretation and enforceability of this Agreement
      shall be determined and governed by the laws of the State of State without
      giving effect to the principles of conflicts of laws. For the purpose of
      litigating any dispute that arises under this Agreement, the parties hereby
      consent to exclusive jurisdiction in the State of New Yorkand agree that such
      litigation shall be conducted in the courts of Nassau County, New York or the
      federal courts of the United States for Nassau County, New York.

    

    (11) Severability.
      The
      provisions of this Agreement are severable and if any one or more provisions
      may
      be determined to be illegal or otherwise unenforceable, in whole or in part,
      the
      remaining provisions, and any partially unenforceable provision to the extent
      enforceable in any jurisdiction, shall nevertheless be binding and
      enforceable.

    

    (13) Waiver.
      The
      waiver by the Company of a breach of any provision of this Agreement by Optionee
      shall not operate or be construed as a waiver of any subsequent breach by
      Optionee.

    

    (14) Binding
      Effect.
      The
      provisions of this Agreement shall be binding upon the parties hereto, their
      successors and assigns, including, without limitation, the estate of the
      Optionee and the executors, administrators or trustees of such estate and any
      receiver, trustee in bankruptcy or representative of the creditors of the
      Optionee.

    

    (15) Construction.
      This
      Agreement is subject to and shall be construed in accordance with the Plan,
      the
      terms of which are explicitly made applicable hereto. Unless otherwise defined
      herein, capitalized terms in this Agreement shall have the same definitions
      as
      set forth in the Plan. In the event of any conflict between the provisions
      hereof and those of the Plan, the provisions of the Plan shall
      govern.

     

     

    
      	 	 	 	 
	 	 	 	 
	
              

            	 	 	
              

            
	bioMETRX,
              Inc.	 	 	Date

    

     

    
      	 	 	 	 
	 	 	 	 
	
              

            	 	 	
              

            
	Optionee	 	 	Date

    

     

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

     

    NOTICE
      OF GRANT OF STOCK OPTIONS

    

     

     

    
      	Name	No.
              of Options	Exercise Price	Expiration Date 	Vesting

    

     

     

    4BIOMETRX,
      INC.

    NONQUALIFIED
      STOCK OPTION AGREEMENT

    

    This
      Stock Option Agreement is made by and between bioMETRX, Inc., a corporation
      formed under the laws of the State of Delaware (the “Company”), and the
      individual (“Optionee”) specified on the attached Notice of Grant of Stock
      Options and Option Agreement (the “Notice”).

    

    WITNESSETH:

    

    WHEREAS,
      the Optionee is the Chief Operating Officer of the Company whose services are
      valuable to the Company; and

    

    WHEREAS,
      the Company considers it desirable and in its best interest that the Optionee
      be
      provided an inducement to acquire an ownership interest in the Company and
      an
      additional incentive to advance the interest of the Company through the grant
      of
      an option to purchase shares of the $.001 par value common stock of the
      Company.

    

    NOW,
      THEREFORE, in consideration of the premises contained herein, it is agreed
      as
      follows:

    

    (1) Grant
      of Option.
      Subject
      to the terms and conditions contained herein, the Company hereby grants the
      Optionee the right, privilege and option (the “Option”) to purchase the number
      of shares specified in the attached Notice of the $.001 par value common stock
      of the Company at a price per share specified in the attached
      Notice.

    

    (2) Term
      and Vesting of Option.
      The term
      of the Option shall be five (5) years (“Term”) from the date of this Agreement
      and, subject to the terms and provisions hereof. The Option shall vest and
      Optionee may exercise the Option in accordance with the vesting schedule
      specified in the attached Notice and within the Term. Subject to the foregoing,
      the Option may be exercised in whole or in part with respect to all or any
      portion of the shares to which it relates.

    

    (3) Method
      of Exercise.
      The
      Option may be exercised in the following manner(s):

    

    (a) The
      Option shall be exercised by the transmittal of written notice thereof to the
      Company at its principal place of business. Such notice shall specify the number
      of shares which the Optionee elects to purchase, shall be signed by the Optionee
      and shall be accompanied by payment of the purchase price for the shares which
      the Optionee elects to purchase. Such payment may be made in whole or in part
      (i) in cash or (ii) by authorizing a Company-approved third party to sell the
      shares (or a sufficient portion of the shares) acquired upon exercise of the
      Option and remit to the Company a sufficient portion of the sale proceeds to
      pay
      the entire purchase price and any tax withholding resulting from such exercise.
      The Company may instruct the broker to deposit the entire sale proceeds into
      a
      Company owned account for further distribution to the Optionee, net of the
      entire purchase price and any tax withholding resulting from such
      exercise.

    

    (b) Notwithstanding
      anything to the contrary contained in Section 3(a), 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 Optionee’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 Optionee shall surrender this Option for that number
      of shares of common stock determined by multiplying the number of Option 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 of common stock. For example, if the Optionee is
      exercising 100,000 Options with a per-Option exercise price of $0.75 per share
      through a Cashless Exercise, when the common stock’s current market price is
      $2.00 per share, that upon such Cashless Exercise the holder will receive 62,500
      shares of common stock.

     

     

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

    
 

    (4) Termination
      of Option.
      The
      Option shall terminate on the earliest to occur of the following:

    

    (a) The
      expiration date set forth on the Notice or five (5) years from the date of
      this
      Agreement.

    

    (b) Three
      (3)
      months after the termination of the Optionee’s employment with the Company,
      unless such termination is the result of disability, death or
      retirement.

    

    (c) In
      the
      case of termination as a result of disability or death, one (1) year after
      the
      date of such termination.

    

    (d) In
      the
      case of termination as a result of retirement (as determined by the Company’s
      Board of Directors in its sole discretion), three (3) years after the date
      of
      such termination.

    

    (5) Rights
      Prior to Exercise of Option.
      The
      Optionee shall have no rights as a stockholder with respect to the shares of
      stock subject to the Option until the exercise of his rights hereunder and
      the
      issuance and delivery to Optionee of a certificate or certificates evidencing
      such shares.

    

    (6) Transferability.
      Except
      as otherwise provided in this Section, the Option is not transferable other
      than
      by will or the laws of descent and distribution, and the Option may be
      exercised, during the lifetime of the Optionee, only by the Optionee. However,
      the Optionee, with the approval of the Company’s Board of Directors, may
      transfer the Option for no consideration to or for the benefit of the Optionee’s
      Immediate Family (including, without limitation, to a trust for the benefit
      of
      the Optionee’s Immediate Family or to a partnership or limited liability company
      for one or more members of the Optionee’s Immediate Family), subject to such
      limits as the Board of Directors may establish, and the transferee shall remain
      subject to all the terms and conditions applicable to the Option prior to such
      transfer. The forgoing right to transfer the Option shall apply to the right
      to
      consent to amendments to this Agreement. The term “Immediate Family” shall mean
      the Optionee’s spouse, parents, children, stepchildren, adoptive relationships,
      sisters, bothers and grandchildren (and, for this purpose, shall also include
      the Optionee).

    

    (7) No
      Right to Future Grants; Extraordinary Item of Compensation.
      By
      entering into the Notice and Stock Option Agreement, the Optionee acknowledges:
      (i) that the grant of the Option is a one-time benefit which does not create
      any
      contractual or other right to receive future grants of options, or benefits
      in
      lieu of options; (ii) that all determinations with respect to any such future
      grants, including, but not limited to, the times when options shall be granted,
      the number of shares subject to each option, the option price, and the time
      or
      times when each option shall be exercisable, will be at the sole discretion
      of
      the Company; (iii) that the Optionee’s acceptance of this option is voluntary;
      (iv) that the value of the option is an extraordinary item of compensation
      which
      is outside the scope of the Optionee’s employment contract, if any; and (v) that
      the Option is not part of normal or expected compensation for purposes of
      calculating any severance, resignation, redundancy, end of service payments,
      bonuses, long-service awards, pension or retirement benefits or similar
      payments.

     

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    
 

    (8) Data
      Privacy.
      By
      entering into the Notice and Stock Option Agreement, the Optionee: (i)
      authorizes the Company and Subsidiary, and any agent of the Company and
      Subsidiary, to disclose to the Company or any of its subsidiaries such
      information and data as the Company or any such subsidiary shall request in
      order to facilitate the grant of options; (ii) waives any data privacy rights
      he
      or she may have with respect to such information; and (iii) authorizes the
      Company and Subsidiary to store and transmit such information in electronic
      form.

    

    (9) Applicable
      Laws and Consent to Jurisdiction.
      The
      validity, construction, interpretation and enforceability of this Agreement
      shall be determined and governed by the laws of the State of State without
      giving effect to the principles of conflicts of laws. For the purpose of
      litigating any dispute that arises under this Agreement, the parties hereby
      consent to exclusive jurisdiction in the State of New York and agree that such
      litigation shall be conducted in the courts of Nassau County, New York or the
      federal courts of the United States for Nassau County, New York.

    

    (10) Severability.
      The
      provisions of this Agreement are severable and if any one or more provisions
      may
      be determined to be illegal or otherwise unenforceable, in whole or in part,
      the
      remaining provisions, and any partially unenforceable provision to the extent
      enforceable in any jurisdiction, shall nevertheless be binding and
      enforceable.

    

    (11) Waiver.
      The
      waiver by the Company of a breach of any provision of this Agreement by Optionee
      shall not operate or be construed as a waiver of any subsequent breach by
      Optionee.

    

    (12) Binding
      Effect.
      The
      provisions of this Agreement shall be binding upon the parties hereto, their
      successors and assigns, including, without limitation, the estate of the
      Optionee and the executors, administrators or trustees of such estate and any
      receiver, trustee in bankruptcy or representative of the creditors of the
      Optionee.

     

     

    
      	 	 	 	 
	 	 	 	 
	
              

            	 	 	
              

            
	bioMETRX,
              Inc.	 	 	Date

      	 	 	 	 
	 	 	 	 
	
              

            	 	 	
              

            
	Optionee	 	 	Date

    

     

     

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

     

    
 

    NOTICE
      OF GRANT OF STOCK OPTIONS

    

     

     

    
      	Name	No. of Options	Exercise Price	Expiration Date	Vesting

    

     

     

    4

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