Common use of Shares in the Company Clause in Contracts

Shares in the Company. In exchange for the Consulting Services as specified in paragraphs 2.1 and 2.2 hereof, Xxxxxxx shall have the Company issue75,000 of the Company's Shares to the Consultant, immediately upon incorporation of the Company. If the Company fails to issue shares to the Consultant, Xxxxxxx shall assign 75,000 of his shares to the Consultant.

Appears in 2 contracts

Samples: Service Agreement (Ameri-Can Reailway Systems Inc), Service Agreement (Ameri-Can Reailway Systems Inc)

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Shares in the Company. In exchange for the Consulting Services as specified in paragraphs 2.1 and 2.2 hereof, Xxxxxxx shall have the Company issue75,000 issue50,000 of the Company's Shares to the Consultant, immediately upon incorporation of the Company. If the Company fails to issue shares to the Consultant, Xxxxxxx shall assign 75,000 50,000 of his shares to the Consultant.

Appears in 1 contract

Samples: Service Agreement (Ameri-Can Reailway Systems Inc)

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Shares in the Company. In exchange for the Consulting Services as specified in paragraphs 2.1 and 2.2 hereof, Xxxxxxx shall have the Company issue75,000 issue 50,000 of the Company's Shares to the Consultant, immediately upon incorporation of the Company. If the Company fails to issue shares to the Consultant, Xxxxxxx shall assign 75,000 50,000 of his shares to the Consultant.

Appears in 1 contract

Samples: Service Agreement (Ameri-Can Reailway Systems Inc)

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