Common use of Project Bonus Clause in Contracts

Project Bonus. Consultant/Employee shall receive a further stock bonus of 250,000 shares of restricted common stock upon completion of milestones one (1) through four (4) above upon the condition that such milestone accomplishments of the Company are so reflected in the Company's stock reaching $5.00 or above for period of 120 days.

Appears in 3 contracts

Sources: Consulting/Employment Agreement (Conectisys Corp), Employment Agreement (Conectisys Corp), Employment Agreement (Conectisys Corp)