the Options are subject to the following conditions and milestones:
(i) 1/3rd upon completion of the Product Portfolio (Milestone 1);
(ii) 1/3rd upon delivery of a Working Wearable Prototype by 15 January 2016 (Milestone 2); and
(iii) 1/3rd upon commencement of commercial production by December 2016 (Milestone 3);
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