EX-10.5 12 blockchain_ex1005ii.htm AUTOLOTTO OPTION

Exhibit 10.5 (ii)

 

AUTOLOTTO, INC.

NOTICE OF TOKEN GRANT

 

Notice is hereby given of the following grant (the “TOKEN GRANT”) of tokens to be issued by AutoLotto, Inc. or any of its controlled affiliates and / or subsidiaries (the “Corporation”):

 

Grantee: Blockchain Industries, Inc.
   
Grant Date: January 17, 2018  
   
Exercise Price: $ The private pre-sale price published to the Grantee per token
   
Number of Option Tokens: Token value equal to twice the principal and interest due to the Grantee for promissory notes issued and executed under Series 2017C by the Corporation, on the commencement of the private pre-sale of the Initial Coin Offering of   the Corporation or any of its subsidiaries
   
Expiration Date: January 16, 2020
   
Date Exercisable: Within a period of ten (10) calendar days following notice, by the Corporation, of any Initial Coin Offering.

 

 

DATED: January 17, 2018

 

AUTOLOTTO, INC.

 

By: /s/ Matt Clemenson

 

Name: Matt Clemenson

 

Title: President

 

 

OPTIONEE

 

By: /s/ Patrick Moynihan

 

Name: Patrick Moynihan

 

Title: Chairman/CEO

Address: _______________

Email: patrick@blockchainind.com

 

Phone: ____________