Advisory Agreements. The Parties agree that, upon completion of the Securities Exchange, Valdy shall enter into five year advisory agreements with each of Xxxxx Xxxxxx and Xxxxxx Xxxxxx in a form and substance reasonably acceptable to Valdy, INX and each of Xx. Xxxxxx and Xx. Xxxxxx with respect to their respective agreement, and such agreements shall provide for the issuance to Xx. Xxxxxx and Xx. Xxxxxx, as applicable, of 500,000 immediately vesting five year options to purchase Valdy Shares at a price of $1.25 per share and 500,000 immediately vesting five year options to purchase Valdy shares at a price of $2.50 per share.
Appears in 5 contracts
Samples: Securities Exchange Agreement, Securities Exchange Agreement, Securities Exchange Agreement
