📄 Extracted Text (335 words)
[JAWBONE HEALTH HEADER]
Deeember-January , 20198
Southern Trust Company, Inc.
6100 Red Hook Quarter, B3
St. Thomas, USVI 00802
Attn: Mr. Jeffrey Epstein, President
Dear Jef€reyMr. President,
On behalf of Jawbone Health Hub, Inc. (the "Company"), I am pleased to offer Southern
Trust Company, Inc. ("STC") a position as Senior Advisor to the Company.
The Board of Directors will recommend a grant to STC of a non-qualified option to
purchase 50 basis points of the Company's common stock. (The number of shares and the exercise
price per share are yet to be determined and will be pro forma for the Series A financing. If the
there is a later lower share adjusted exercise price per share STC's pricing will be adjusted.
k-htrify-that-pr4e1ng-w4114e-on-the-best-ter-ms-effer-ed-pr-evleushfwith-an-adjustment-te-refleet
better aubiequent offera to anyone clx. i.e., Moat Favorable Nation Statuafl. Based on STC's
acceptance of this agreement, STC's option will vest starting on flasertasting-Startexecution
of this agreement -Dotel-and will vest [equally on a monthly rate for the following 24 months
thdost-Favoyed-Nation-Matus-should-appl te-vesting-as-we144,This vesting schedule will be
subject to STC's continued service to the Company in the following capacity:
Senior Advisor: in this role, STC's primary activities will be to assist the Company as
reasonably requested on matters that STC determines in its discretion and in good faith are
reasonably within STC's knowledge, experience and skill set. SIC will in good faith and to the
best of it's current abilities execute on requested strategic help from the Company.
STC's options will be subject to the terms and conditions of our 2018 Stock Plan and
standard form of stock option agreement, which STC will be required to sign as a condition of
receiving the option. [Please forward current versions of the 2018 Stock Plan and the form of
Stock Option Agreement]
On behalf of the Company's management, we are excited about STC serving as an Advisor
and look forward to STC's input and guidance.
Regards, Agreed to and accepted,
Hosain Rahman Southern Trust Company, Inc.
Chief Executive Officer
EFTA00808905
By:
Jeffrey Epstein, president
EFTA00808906
ℹ️ Document Details
SHA-256
a9e265e5a6806350fc0cb28c4c5904858eb78eeab7401b9575a716fa42b3eabc
Bates Number
EFTA00808905
Dataset
DataSet-9
Document Type
document
Pages
2
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