Stock Consideration. a) In accordance with the Employment Agreement and in consideration of the waiver and release of claims set forth in Section 1 above, and in exchange for executing this Agreement, the Company agrees to issue to Executive 1,196,673 shares of the Company’s common stock (“Stock Consideration”) in exchange for the Outstanding Amount.
Appears in 1 contract
Stock Consideration. a) In accordance with the Employment Agreement and in consideration of the waiver and release of claims set forth in Section 1 above, and in exchange for executing this Agreement, the Company agrees to issue to Executive 1,196,673 1,785,096 shares of the Company’s common stock (“Stock Consideration”) in exchange for the Outstanding Amount.
Appears in 1 contract
Stock Consideration. a) In accordance with the Employment Agreement and in consideration of the waiver and release of claims set forth in Section 1 above, and in exchange for executing this Agreement, the Company agrees to issue to Executive 1,196,673 433,096 shares of the Company’s common stock (“Stock Consideration”) ), in exchange for the Outstanding Amount.
Appears in 1 contract
Stock Consideration. a) In accordance with the Employment Agreement and in consideration of the waiver and release of claims set forth in Section 1 above, and in exchange for executing this Agreement, the Company agrees to issue to Executive 1,196,673 1,785,096 shares of the Company’s common stock (“Stock Consideration”) ), in exchange for the Outstanding Amount.
Appears in 1 contract
Stock Consideration. a) In accordance with the Employment Agreement and in consideration of the waiver and release of claims set forth in Section 1 above, and in exchange for executing this Agreement, the Company agrees to issue to Executive 1,196,673 150,483 shares of the Company’s common stock (“Stock Consideration”) ), in exchange for the Outstanding Amount.
Appears in 1 contract