Stock Option Termination Agreement between Transax International Limited and Adam Wasserman dated December 30, 2011
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This agreement confirms that Adam Wasserman's option to purchase 100,000 shares of Transax International Limited at $0.06 per share, granted under the company's 2004 Stock Option Plan, has not been exercised or assigned and is now terminated. Adam Wasserman also acknowledges he has no further rights to purchase company securities or receive compensation from the company.
EX-10.44 15 exh10-44.htm STOCK OPTION TERMINATION AGREEMENT DATED DECEMBER 30, 2011 BETWEEN TRANSAX INTERNATIONAL LIMITED AND ADAM WASSERMAN exh10-44.htm
Exhibit 10.44
Stock Option Termination Agreement
Re: Options to purchase 100,000 shares of Transax International Limited, a Colorado corporation (the “Company”) common stock, $0.00001 par value, at an exercise price of $0.06 per share (the “Stock Options”) issued under the Company’s 2004 Stock Option Plan
The undersigned hereby confirms and agrees that the above referenced Stock Options have not been exercised or assigned by the undersigned and are hereby terminated. Further, the undersigned confirms and agrees that the undersigned has no other rights to purchase any securities of the Company or receive any compensation from the Company.
/s/ Adam Wasserman
Adam Wasserman
Date: December 30, 2011
