Common use of R E C I T A L Clause in Contracts

R E C I T A L. The Board of Directors of the Company (the "Board") has determined that it is in the best interests of the Company to grant the option provided for herein to the Holder in consideration of services rendered and to be rendered to the Company.

Appears in 8 contracts

Samples: Stock Option Agreement (Multiple Zones International Inc), Stock Option Agreement (Multiple Zones International Inc), Stock Option Agreement (Multiple Zones International Inc)

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