Attached files

file filename
EX-10.4 - SELECTIS HEALTH, INC.ex10-4.htm
EX-10.3 - SELECTIS HEALTH, INC.ex10-3.htm
EX-10.1 - SELECTIS HEALTH, INC.ex10-1.htm
8-K - SELECTIS HEALTH, INC.form8-k.htm

 

GLOBAL HEALTHCARE REIT, INC.
NOTICE OF GRANT OF STOCK OPTION

 

Notice is hereby given of the following option grant (the “Option”) to purchase shares of the Common Stock of Global Healthcare REIT, Inc., a Utah corporation (the “Company”):

 

OPTIONEE: ZVI RHINE
   
GRANT DATE: APRIL 1 2018,
   
VESTING COMMENCEMENT DATE: APRIL 1, 2018
   
EXERCISE PRICE: $0.36 PER SHARE
   
NUMBER OF OPTION SHARES: 600,000 SHARES OF COMMON STOCK
   
EXPIRATION DATE: FIVE YEARS FOLLOWING GRANT DATE
   
TYPE OF OPTION:

[  ]      INCENTIVE STOCK OPTION

[X]     NON-STATUTORY STOCK OPTION

   
DATE EXERCISABLE: UPON EACH VESTING DATE
   
VESTING SCHEDULE:

150,000 ON GRANT DATE

 

150,000 TWELVE MONTHS FOLLOWING GRANT DATE

 

150,000 EIGHTEEN MONTHS FOLLOWING GRANT DATE

 

150,000 TWENTY-FOUR MONTHS FOLLOWING GRANT DATE

 

For purposes of the Option, the term “Service” shall mean the provision of full time services to the Company (or any Subsidiary or Affiliate) by a person in the capacity of an executive officer or employee.

 

 

 

 

Definitions. All capitalized terms in this Notice shall have the meaning assigned to them in this Notice or in the attached Stock Option Agreement.

 

DATED: ________________, 2016.

 

OPTIONEE:   COMPANY:
Zvi Rhine   Global Healthcare REIT, Inc.
     
Signature:   By:
     
     
Printed Name: Zvi Rhine    

 

Address: