Stock Payments. A stock payment of 6,000,000 Shares (Six Million Shares) of Power common restricted stock with a one year hold period in two equal installments with 3,000,000 shares to be paid upon signing of this agreement, and the remaining 3,000,000 shares to be paid upon commencing operations. Greeting Card Lotto(TM) License Agreement - Page 11 of 19 --------------------------------------------------------------------------------
Appears in 1 contract
Sources: Proprietary Technology Usage License Agreement (Power Direct Inc)
Stock Payments. A stock payment of 6,000,000 Shares (Six Million Shares) of Power common restricted stock with a one year hold period in two equal installments with 3,000,000 shares to be paid upon signing of this agreement, and the remaining 3,000,000 shares to be paid upon commencing operations. E-lO Greeting Card Lotto(TM) License Agreement - Page 11 of 19 --------------------------------------------------------------------------------
Appears in 1 contract
Sources: Proprietary Technology Usage License Agreement (Cardstakes Com Inc)