BET Top 25 Shareholders, page-8

They have to earn the performance rights before they can be converted to options payable at .18cent

the performance rights are date range bound......for every $ they bring to BET within a particular date range they will get a performance right.....which will convert to an option at the end of the date range......the options have a 2 year expiry date and will convert to an ordinary share if they pay the .18cent conversion.

to achieve the >94M options by the end of the agreement....they would need to have brought in $16.9M in Rev to BET......and would also pay $16.9M to convert the Options to Ordinary Shares.

the 19.9% of shares clause is to ensure that should there be a restructure in share capital then the agreement would not put them over the max......