SEC Contract Filing

Filing Date: 2016-01-08

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>f8k010716ex10i_oringclear.htm
<DESCRIPTION>AMENDED AND RESTATED NON-STATUTORY STOCK OPTION AGREEMENT DATED OCTOBER 6, 2015 BETWEEN T. RIGGS ECKELBERRY AND THE COMPANY
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<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>Exhibit 10.1</B></P>

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<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ORIGINCLEAR,
INC.</B></FONT></P>

<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>AMENDED
AND RESTATED</B></FONT></P>

<P STYLE="font: bold 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; letter-spacing: -0.15pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">EMPLOYEE
NONSTATUTORY STOCK OPTION AGREEMENT</FONT></P>

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<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: -0.15pt"><B>T<FONT STYLE="font-variant: small-caps">his
Amended and Restated Employee Nonstatutory Stock Option Agreement </FONT></B>(&quot;<B>Agreement</B>&quot;) is made and entered
into as of the date set forth below, by and between </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">OriginClear,
Inc.<FONT STYLE="letter-spacing: -0.15pt">, a Nevada corporation (the &quot;<B>Company</B>&quot;), and the employee of the Company
or any subsidiary thereof (&quot;<B>Optionee</B>&quot;) named in Section 1(b):</FONT></FONT></P>

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<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: -0.15pt">In
consideration of the covenants herein set forth, the parties hereto agree as follows:</FONT></P>

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<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">1. <U>Option Information.</U></P>

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 <TD STYLE="width: 5%; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT></TD>
 <TD STYLE="width: 38%; border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Date of Option:&#9;06 October , 2015</FONT></TD>
 <TD STYLE="width: 51%; line-height: 107%">&nbsp;</TD></TR>
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 <TD STYLE="line-height: 107%">&nbsp;</TD>
 <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: -0.15pt">(b)</FONT></TD>
 <TD STYLE="border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Optionee: T. &#9;Riggs Eckelberry/Tener Riggs Eckelberry </FONT></TD>
 <TD STYLE="line-height: 107%">&nbsp;</TD></TR>
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 <TD STYLE="line-height: 107%">&nbsp;</TD>
 <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)&#9;</FONT></TD>
 <TD STYLE="border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Number of Shares:&#9;55,000,000</FONT></TD>
 <TD STYLE="line-height: 107%">&nbsp;</TD></TR>
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 <TD STYLE="line-height: 107%">&nbsp;</TD>
 <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)</FONT></TD>
 <TD STYLE="border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exercise Price:&#9;$0.0375</FONT></TD>
 <TD STYLE="line-height: 107%">&nbsp;</TD></TR>
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<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">2. <U>Acknowledgements.</U></P>

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