Compensation in Shares Sample Clauses

Compensation in Shares. As consideration for the provision of the Services for the Term, the Company shall compensate and issue to the Consultant one million five hundred thousand (1,500,000) Rule 144 shares of the Company (the "Compensation"). It is expected that these shares shall be issued within forty-five (45) days of the Effective Date.
Sample 1
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Compensation in Shares. As consideration for the provision of the Services for the Term, the Company shall compensate and issue to the Consultant five million (5,000,000) S-8 shares and fifteen million (15,000,000) Rule 144 shares of the Company (the "Compensation"). It is expected that the S-8 shares be issued fully paid and non-assessable as soon as possible following execution of this and all related agreements. It is expected that the Rule 144 shares shall be issued in two certificates: seven million five hundred thousand (7,500,000) Rule 144 shares to be issued fully paid and non-assessable as soon as possible following execution of this and all related agreements and seven million five hundred thousand (7,500,000) Rule 144 shares to be issued fully paid and non-assessable on or about August 1, 2015.
Sample 1
Compensation in Shares. As consideration for the signing of this Agreement and agreeing to the provision of the Services, the Company shall compensate and issue to the Senior Advisor Rule 144 shares of the Company equal in value to six thousand dollars ($6,000) per month for the term of the Agreement, such shares issued quarterly. Not withstanding the foregoing, the Company reserves the right to pay this fee in whole in or part in cash at its sole discretion. In addition, the Company shall compensate and issue to the Senior Advisor 400,000 Rule 144 shares of the Company within three (3) months of the Effective Date.
Sample 1

Related to Compensation in Shares

  • Full Compensation The payments that will be made to Employee or for his benefit pursuant to this Separation Agreement shall compensate him for and extinguish any and all claims he may have arising out of his employment with Deluxe or his employment termination as of the effective date of the Release, including but not limited to claims for attorneys' fees and costs, and any and all claims for any type of legal or equitable relief.

  • Cash Compensation The Company shall pay to the Executive compensation for his services during the Contract Period as follows:

  • Bonus Compensation The Executive shall not receive any bonus payment whatsoever pursuant to Section 3.02 or the Bonus Plan except such bonus which is already earned and due to be paid up to and including the Termination Date, notwithstanding any period following the Termination Date during which the Executive may receive any payments or benefits under the terms of the Agreement.

  • Incentive and Bonus Compensation The Executive shall be eligible to participate in the Company’s existing and future bonus and stock option plans and other incentive compensation programs for similarly situated executives (collectively, “Plans”), to the extent that the Executive is qualified to participate in any such Plan under the generally applicable provisions thereof in effect from time to time. Such eligibility is not a guarantee of participation in or of the receipt of any award, payment or other compensation under any Plan. To the extent the Executive does participate in a Plan and the Plan does not expressly provide otherwise, the Chief Executive Officer and/or the Board, as appropriate, may determine all terms of participation (including, without limitation, the type and size of any award, payment or other compensation and the timing and conditions of receipt thereof by the Executive) in the Chief Executive Officer’s or the Board’s sole and absolute discretion. Nothing herein shall be deemed to prohibit the Company or the Board from amending or terminating any and all Plans in its sole and absolute discretion. Except as otherwise provided herein, the terms of each Plan shall govern the Executive’s rights and obligations thereunder during the Executive’s employment and upon the termination thereof. Without limiting the generality of the foregoing, the definition of “Cause” hereunder shall not supersede the definition of “cause” in any Plan (unless the Plan expressly defers to the definition of “cause” under an executive’s employment agreement) and any rights of the Executive hereunder upon and subsequent to the termination of the Executive’s employment shall be in addition to, and not in lieu of, any right of the Executive under any Plan then in effect upon or subsequent to a termination of employment.

  • Incentive Bonus Compensation The Executive shall be eligible for incentive bonus compensation for each Fiscal Year in an amount to be determined by the Board of Directors or any committee thereof ("INCENTIVE BONUS COMPENSATION").

  • Equity Compensation Executive will continue to be eligible to receive stock and option grants, and other equity compensation awards (“Awards”), as determined by the Board or any committee thereof in the Board’s or such committee’s sole discretion.

  • Equity-Based Compensation The Executive shall retain all rights to any equity-based compensation awards to the extent set forth in the applicable plan and/or award agreement.

  • Stock Based Compensation Executive will be eligible to participate in the Company's Employee Stock Purchase Plan and to be considered by the Compensation Committee for grants or awards of stock options or other stock-based compensation under the Company's Stock Incentive Plan or similar plans from time to time in effect. All such grants or awards shall be governed by the governing Plan and shall be evidenced by the Company's then standard form of stock option, restricted stock or other applicable agreement.

  • Annual Bonus Compensation In addition to your Salary, during the Employment Term you shall be eligible to earn an annual bonus for each whole or partial calendar year during the Employment Term, determined and payable as follows (the “Bonus”):

  • Adviser’s Compensation Each Fund shall pay to the Adviser, as compensation for the Adviser’s services hereunder, a fee, determined as described in Schedule A that is attached hereto and made a part hereof. Such fee shall be computed daily and paid not less than monthly in arrears by each Fund. The method for determining net assets of a Fund for purposes hereof shall be the same as the method for determining net assets for purposes of establishing the offering and redemption prices of Fund shares as described in the Fund’s Registration Statement. In the event of termination of this Agreement, the fee provided in this Section shall be computed on the basis of the period ending on the last business day on which this Agreement is in effect subject to a pro rata adjustment based on the number of days elapsed in the current month as a percentage of the total number of days in such month.

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