Summary of Repricing Number of Remaining Securities Weighted Average Contractual Life of Underlying Stock Exercise Price Per Stock Options Options Repriced Share Repriced (in Years) Executive Officers 3,500,000 $ 0.0793 8.7 Outside Directors 4,500,000 $ 0.075 8.9 Employees 1,211,500 $ 0.075 8.8 Consultants 312,000 $ 0.075 8.9 Total 9,523,500 $ 0.0766 8.8
EX-10.2 3 exhibit2.htm EX-10.2 EX-10.2
Exhibit 10.2
Summary of Repricing
| Number of | Remaining | |||||||||||
| Securities | Weighted Average | Contractual Life of | ||||||||||
| Underlying Stock | Exercise Price Per | Stock Options | ||||||||||
| Options Repriced | Share | Repriced (in Years) | ||||||||||
Executive Officers | 3,500,000 | $ | 0.0793 | 8.7 | ||||||||
Outside Directors | 4,500,000 | $ | 0.075 | 8.9 | ||||||||
Employees | 1,211,500 | $ | 0.075 | 8.8 | ||||||||
Consultants | 312,000 | $ | 0.075 | 8.9 | ||||||||
Total | 9,523,500 | $ | 0.0766 | 8.8 | ||||||||
