Cannapay definition
Examples of Cannapay in a sentence
In consideration for the Vendor’s assignment and sale of the Purchased Assets, the Company will issue the Vendor 200,000 units in the capital of Cannapay (each, a “Unit”) at a deemed price of $0.10 per Unit.
The Vendor agrees to serve as the Director of Product and Content Development for Cannapay commencing on the Effective Date.
The Vendor and Cannapay will enter into an employment agreement (the “Employment Agreement”) which will be entered into as a collateral agreement alongside this Agreement.
For all such expenses and disbursements the Vendor shall supply Cannapay with originals of all receipts, invoices or statements in respect of which the Vendor seeks reimbursement, in such form as may reasonably be required by the Company and at such times or intervals as may be required by the Company or Cannapay.
Each unit will consist of one fully paid and non-assessable common share in the capital of Cannapay (each, a “Share”) and one full common share purchase warrant (each, a “Warrant”).
Cannapay agrees to reimburse the Vendor for the Vendor’s reasonable expenses or disbursements actually and reasonably incurred or made in connection with the performance of services under this Agreement, including the Vendor’s monthly cellphone ▇▇▇▇.