In consideration of the Advisor's services, the Company agrees to grant the Advisor an option or restricted stock grant of:
10,000 shares of BridgeTech Labs, Inc. common stock, representing approximately 0.1% of the Company's fully diluted capitalization as of the date hereof (pre-raise, 10,000,000 total authorized shares), to be issued from the Company's Employee Stock Option Pool (ESOP).
The grant shall be subject to the following vesting schedule:
(a) Cliff: No shares vest during the first six (6) months following the Effective Date;
(b) Monthly Vesting: Following the cliff, shares vest monthly in equal installments over the remaining eighteen (18) months, for a total vesting period of twenty-four (24) months;
(c) Acceleration: In the event of a Change of Control of the Company (merger, acquisition, or sale of substantially all assets), all unvested shares shall immediately accelerate and fully vest.
No cash compensation shall be paid to the Advisor under this Agreement. The Advisor acknowledges that the equity grant constitutes full consideration for the advisory services described herein.