X0206 3 2016-11-01 0 0000949721 Meridian Waste Solutions, Inc. MRDN 0001689581 Davis Jackson W Jr 1410 RICHARDS CIRCLE ALPHARETTA GA 30009 1 Common Stock, $0.025 par value per share 1000 D NonEmployee Stock Option (Right to Purchase) 20 2021-11-01 Common Stock, par value $0.025 per share 3750 D Reflects 1 - for - 20 reverse stock split effected by the Company on November 3, 2016. In connection with his appointment to the Board, Mr. Davis received, pursuant to a stock option agreement entered into as of November 1, 2016, by and between the Company and Mr. Davis, stock options to purchase up to three thousand seven hundred fifty (3,750) shares of the Company?s common stock, par value $0.025 per share, at an exercise price per share equal to $20.00, giving effect to the Company's 1for20 reverse split. The options are exercisable for a period of five (5) years and vest in equal amounts over a period of three (3) years at the rate of three hundred thirteen (313) options per fiscal quarter at the end of such quarter, commencing in the quarter ended December 31, 2016, and prorated for the number of days Mr. Davis served on Board during the first fiscal quarter. /s/ Jackson W. Davis, Jr. 2016-11-14