Attached files
| file | filename |
|---|---|
| EX-10 - J. WILLIAM RINER EMPLOYMENT AGREEMENT - KonaTel, Inc. | rineremploymentagreement.htm |
| EX-10 - FORM OF LOCK-UP/LEAK-OUT AGREEMENT - KonaTel, Inc. | lockupleakoutagreementclean9.htm |
| EX-14 - CODE OF ETHICS - KonaTel, Inc. | codeofconductex14.htm |
| EX-10 - D. SEAN MCEWEN EMPLOYMENT AGREEMENT - KonaTel, Inc. | mcewenemploymentagreementlwb.htm |
| EX-2 - AGREEMENT AND PLAN OF MERGER - KonaTel, Inc. | mergeragreement.htm |
| EX-10 - FORM OF INCENTIVE STOCK OPTION AGREEMENT - KonaTel, Inc. | formofincentivestockoptionag.htm |
| EX-9 - SHAREHOLDER VOTING AGREEMENT - KonaTel, Inc. | shareholdervotingagreementlw.htm |
| EX-3.1 - AMENDED AND RESTATED ARTICLES OF INCORPORATION - KonaTel, Inc. | amendedrestatedarticlesofinc.htm |
| EX-3 - AMENDED AND RESTATED BYLAWS - KonaTel, Inc. | dalaamendedrestatedbylawslwb.htm |
| EX-10 - CHARLES L. SCHNEIDER, JR. EMPLOYMENT AGREEMENT - KonaTel, Inc. | schneideremployment.htm |
| 8-K/A - AMENDED CURRENT REPORT ON FORM 8-K/A DATED NOVEMBER 15, 2017 - KonaTel, Inc. | f8kcurrentreportdalakonatell.htm |
STOCK OPTION
CANCELLATION AGREEMENT
KonaTel, Inc.
1910 Minno Drive, Suite 210
Johnstown, Pennsylvania 15905
Re:
Stock Option Cancelation Agreement pursuant to the Agreement and Plan of Merger (the “Merger Agreement”), by and among Dala Petroleum Corp., a Delaware corporation (“Parent”), Mark Savage, Parent’s President, a director and a beneficial shareholder (“Mr. Savage”), Matthew Atkinson, Parent’s Secretary and a beneficial shareholder (“Mr. Atkinson”), and Dala Subsidiary Corp., a Nevada corporation and wholly-owned subsidiary of Parent (“Merger Subsidiary”); and KonaTel, Inc., a Nevada corporation (“Company”), and D. Sean McEwen, Company’s Chairman and sole shareholder (“Company Shareholder”)
Gentlemen:
In consideration of the completion and closing of the Merger Agreement and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the undersigned hereby cancels that certain Stock Option Agreement by and between the undersigned and the Company dated July 1, 2016, together with the option to purchase 2,000 shares of Company common stock at $500 per share, which, among other things, is the subject of such Stock Option Agreement.
Dated: December 18, 2017.
/s/ Charles L. Schneider, Jr.
Charles L. Schneider, Jr.