Mariah ICS will take off when this happens.
In addition, B.Fulmer may be entitled to up to a further 1,000,000 options based on the achievement of the following
performance milestones:
• The first quarter where Thelma transaction fees, licence fees or other non-billing company revenues in the US
exceeds US$1,000,000: 500,000 options with an exercise price of 30 cents will vest and be exercisable at 1/3
per annum as above
• The first quarter where total revenues for Thelma-US exceeds US$6,000,000: 500,000 options with an exercise
price of 30 cents will vest and be exercisable at 1/3 per annum as above
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