Common use of Surrender of Options Clause in Contracts

Surrender of Options. As additional consideration for the Shares, William Pursley, the Company's Chief Executive Officer, hereby ag▇▇▇▇, ▇▇ ▇▇▇ ▇▇rection of Xechem, to surrender his options to purchase 43,000,000 shares of the common stock, par value $ .00001 per share, of Xechem.

Surrender of Options. As additional consideration for the Shares, William Pursley, the Company's Chief Executive Officer, hereby agCompan▇'▇ ▇▇▇▇, ▇▇ ▇▇▇ ▇▇rection ▇▇▇tive Officer, hereby agrees, at the direction of Xechem, to surrender his options to purchase 43,000,000 shares of the common stock, par value $ .00001 per share, of Xechem.