Compensation to the Consultant. 1. The DISTRICT shall compensate the CONSULTANT as follows:
Compensation to the Consultant. The Consultant will be compensated for the Consulting Services by way of the Company paying the Consultant US $8,000 per month payable on the last day of each month.
Compensation to the Consultant. 7.1 The COUNTY shall compensate the CONSULTANT for authorized Work Assignments using the following methods of compensation. The method of compensation shall be determined by the COUNTY based on the Work Assignment to be performed.
Compensation to the Consultant. 1. The DISTRICT agrees to pay the CONSULTANT in accordance with the fee, rate and/or price schedule information, inclusive of reimbursable expenses, for performing the basic services required by this AGREEMENT subject to the limitations set forth herein this Article VII and EXHIBIT “A”.
Compensation to the Consultant. The Consultant shall be compensated for the Consulting Services and its costs as follows:
Compensation to the Consultant. In the event of termination not the result of a breach by the Consultant, the Consultant shall be compensated for Services performed prior to the effective date of termination or suspension.
Compensation to the Consultant. The Consultant shall be compensated for the Consulting Services by way of the Company issuing 100,000 restricted shares of common stock of the Company on a post forward stock split basis that was effective March 2, 2007 (the “Consultant Shares”) to the Consultant within 10 days of the full execution of this Agreement, with such Consultant Shares being deemed to have been earned by the Consultant as of January 1, 2007. The Consultant Shares shall be held in escrow by the Company’s legal counsel acting as the escrow agent in accordance with the terms and provisions of the Escrow Agreement attached hereto as Schedule “A”. If the Consultant is terminated prior to the end of the Term in accordance with this Agreement, then the Parties hererto agree that the percentage of the Consultant Shares equivalent to the number of days remaining in the Term after the date of termination divided by 365 days shall be surrendered by the Consultant to the Company for cancellation. The Consultant agrees that in the case of the Consultan’s termination prior to the completion of the Term, the Company is authorized to provide a copy of the termination notice and written instructions to the escrow agent with respect to the amount of Consultant Shares to be delivered back to the Company for surrender and cancellation, with the Company providing a copy of such written instructions to the Consultant.
Compensation to the Consultant. The Consultant shall be compensated for the Consulting Services by way of the Company paying the Consultant a compensation of US$5,000 per month payable on the last day of each month. However, if the Company is successful in raising US$12,000,000 or more in debt or equity in a single offering, then the Company shall pay the Consultant a compensation to be negotiated between the parties hereto that is comparable to other CEO’s of other listed bio-pharmaceutical companies in similar circumstances. In addition, the Company shall arrange to have 9,000,000 stock options granted to the Consultant having an exercise price of US$0.06 per share, vesting provisions in accordance with the terms of the stock option agreement, an expiry date of five years from the date of the grant of such stock options, and an anti-dilution provision which will allow the stock options to acquire the same percentage of shares of common stock of the Company, based on the amount of outstanding shares immediately prior to any financing, if the outstanding shares are increased due to any equity or convertible debenture financing up to an aggregate total of US$20,000,000, with such anti-dilution provisions being of no effect over and above an aggregate of US$20,000,000 raised by the Company through any equity or convertible debenture financing.
Compensation to the Consultant for Alternate Bid design services shall be included in the total fee compensation. The fee shall not vary whether or not the Owner accepts the Alternate Bid items for the Construction Contract.
Compensation to the Consultant. 2.1 In consideration for the services to be provided by the Consultant, the Company shall:
