Common use of Terms of Compensation Clause in Contracts

Terms of Compensation. In the event Consultant successfully performs all services found in Section 1 of this Agreement, Company shall compensate Consultant by issuing him Two Million Five Hundred Thousand (2,500,000) shares of common stock ("Shares"). Within 30 days after the completion of such a merger, the Company shall file a registration statement on Form S-8 and the Consultant shall have the right to register the Shares pursuant to that registration statement or if such form of registration statement is no longer available to Consultant as a result of the adoption of new laws with respect to such form.

Appears in 1 contract

Samples: Independent Contractor Agreement (Australian Agriculture & Property Development CORP)

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Terms of Compensation. In the event Consultant successfully performs all services found in Section 1 of this Agreement, Company shall compensate Consultant by issuing him Two One Million Five Seven Hundred Fifty Thousand Shares (2,500,0001,750,000) shares of common stock ("Shares"). Within 30 days after the completion of such a merger, the Company shall file a registration statement on Form S-8 and the Consultant shall have the right to register the Shares pursuant to that registration statement or if such form of registration statement is no longer available to Consultant as a result of the adoption of new laws with respect to such form.

Appears in 1 contract

Samples: Independent Contractor Agreement (Global Wireless Satellite Networks Usa Inc)

Terms of Compensation. In the event Consultant successfully performs all services found in Section 1 of this Agreement, Company shall compensate Consultant by issuing him Two Seventeen Million Five Hundred Thousand (2,500,00017,000,000) shares of common stock ("Shares"). Within 30 days after the completion of such a merger, the Company shall file a registration statement on Form S-8 and the Consultant shall have the right to register Eight Million (8,000,000) of the Shares pursuant to that registration statement or if such form of registration statement is no longer available to Consultant as a result of the adoption of new laws with respect to such formstatement.

Appears in 1 contract

Samples: Independent Contractor Agreement (Multi Tech International Corp)

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Terms of Compensation. In the event Consultant successfully performs all services found in Section 1 of this Agreement, Company shall compensate Consultant by issuing him Two Four Million Five Hundred Thousand (2,500,0004,000,000) shares of unrestricted common stock ("Shares"). Within 30 days after the completion of such a merger, the Company shall file as registered by a registration statement on Form S-8 and the Consultant shall have the right to register the Shares pursuant to that registration statement or if such form of registration statement is no longer available to Consultant as a result of the adoption of new laws with respect to such formS-8.

Appears in 1 contract

Samples: Independent Contractor Agreement (Atlanticwine Agencies Inc)

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