Common use of Consultant and the Clause in Contracts

Consultant and the. Principals each covenants and agrees that the Shares shall be and represent full payment and discharge of any claim by Consultant and the Principals for any compensation, commission or other earnings of any kind against the Company and any current or future parent, subsidiary or affiliates of the Company, other than the Balance. Consultant and the Principals each further covenants and agrees that the value of the Shares represented by the Balance, as determined herein, shall be reported to Consultant on IRS Form 1099 for the year 2002.

Consultant and the. Principals Principal each covenants and agrees that the Shares shall be and represent full payment and discharge of any claim by Consultant and the Principals Principal for any compensation, commission or other earnings of any kind against the Company and any current or future parent, subsidiary or affiliates of the Company, other than the Balance. Consultant and the Principals Principal each further covenants and agrees that the value of the Shares represented by the Balance, as determined herein, shall be reported to Consultant on IRS Form 1099 for the year 20022002 and 2003.