<table><tbody><tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<td style="width: 0.75in; font: 10pt Times New Roman, Times, Serif"></td><td style="width: 0.25in; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">●</font></td><td style="text-align: justify; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Mr.
                                         Horsey was awarded a stock option to purchase 200,000 shares of the Company’s common
                                         stock at an exercise price of $2.00 per share which vests in equal installments over
                                         a five-year period.</font></td></tr></tbody></table>
<table><tbody><tr>
<td></td><td><font>●</font></td><td><font>Mr.
                                         Horsey was awarded a stock option to purchase 200,000 shares of the Company’s common
                                         stock at an exercise price of $2.00 per share which vests in equal installments over
                                         a five-year period.</font></td></tr></tbody></table>