Voting Rights of Securities Sold in this Offering
Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Investment Incentives & Bonuses*
$500+
Mini-cast keychain set and ActivArmor auto decal
$1,000+
ActivArmor investor cap, mini-cast keychain set, and auto decal
$10,000+
ActivArmor plant tour in Pueblo, CO, ActivArmor investor cap, auto decal, and mini-cast keychain set
$50,000+
ActivArmor plant tour in Pueblo, CO followed by coffee with CEO, ActivArmor investor cap, auto decal, and mini keychain set
$100,000+
5% bonus shares, ActivArmor plant tour in Pueblo, CO followed by lunch with CEO, ActivArmor investor cap, auto decal, and mini keychain set
*All perks occur when the offering is completed.
Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested.
