Compensation and Payment Terms. The Consultant shall be paid $5,000 per month for the above services. Consultant shall xxxx semi-monthly. All amounts shall be paid within 5 days of invoice. Consultant shall receive 5,000,000 shares of stock which shall vest quarterly over a period of two years which shall be developed by the Board of Directors and commensurate with the Consultants position as CEO and board member.
Appears in 1 contract
Samples: Consulting, Confidentiality and Proprietary Rights Agreement (DigiPath,Inc.)
Compensation and Payment Terms. The Consultant shall be paid $5,000 per month for the above services. Consultant shall xxxx semi-monthly. All amounts shall be paid within 5 days of invoice. Consultant shall receive 5,000,000 shares of stock which shall vest quarterly over a period of two years which shall be developed by the Board of Directors and commensurate with the Consultants position as CEO and board member.. 4EXPENSES:
Appears in 1 contract
Samples: And Proprietary Rights Agreement
Compensation and Payment Terms. The Consultant shall be paid $5,000 5,500 per month for the above services, commencing on the Effective Date. Consultant shall xxxx semi-monthly. All amounts shall be paid within 5 days of invoice. Consultant shall receive 5,000,000 500,000 shares of stock which shall vest quarterly over a period of two years which one year. After such time, Company and Consultant shall be developed by the Board of Directors and commensurate with the Consultants position as CEO and board member.agree to stock compensation on a go forward basis. 4EXPENSES:
Appears in 1 contract
Samples: Rights Agreement
Compensation and Payment Terms. The Consultant shall be paid $5,000 5,500 per month for the above services, commencing on the Effective Date. Consultant shall xxxx semi-monthly. All amounts shall be paid within 5 days of invoice. Consultant shall receive 5,000,000 500,000 shares of stock which shall vest quarterly over a period of two years which one year. After such time, Company and Consultant shall be developed by the Board of Directors and commensurate with the Consultants position as CEO and board memberagree to stock compensation on a go forward basis.
Appears in 1 contract
Samples: Consulting, Confidentiality and Proprietary Rights Agreement (DigiPath,Inc.)
