Common use of Compensation for Consulting Services Clause in Contracts

Compensation for Consulting Services. The Company shall pay to Consultant and/or assigns as instructed by Consultant for the Consulting Services rendered hereunder, the sum of 1,000,000 shares of restricted common stock of the Company (“Consultant Shares”) which shall be earned in the following manner: 1,000,000 shares will be earned by the Consultant and/or assigns in equal installments of 250,000 shares on December 1, 2007, March 1, 2008, June 1, 2008 and September 1, 2008. Said 1,000,000 shares of restricted common stock of the Company will be tendered to Consultant and/or assigns in one certificate on June 1, 2007; provided, however, that Consultant must return any unearned shares upon termination of this Agreement.

Appears in 4 contracts

Samples: Consulting Agreement (Pacific Copper Corp.), Consulting Agreement (Pacific Copper Corp.), Consulting Agreement (Pacific Copper Corp.)

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Compensation for Consulting Services. The Company shall pay to Consultant and/or assigns as instructed by Consultant for the Consulting Services rendered hereunder, the sum of $4,000 per month not in advance plus 1,000,000 shares of restricted common stock of the Company (“Consultant Shares”) which shall be earned in the following manner: 1,000,000 shares will be earned by the Consultant and/or assigns in equal installments of 250,000 shares on December 1, 2007, March 1, 2008, June 1, 2008 and September 1, 2008. Said 1,000,000 shares of restricted common stock of the Company will be tendered to Consultant and/or assigns in one certificate on June 1, 2007; provided, however, that Consultant must return any unearned shares upon termination of this Agreement.

Appears in 2 contracts

Samples: Consulting Agreement (Pacific Copper Corp.), Consulting Agreement (Pacific Copper Corp.)

Compensation for Consulting Services. The Company shall pay to Consultant and/or assigns as instructed by Consultant for the Consulting Services rendered hereunder, the sum of 1,000,000 1,5000,000 shares of restricted common stock of the Company (“Consultant Shares”) which shall be earned in the following manner: 1,000,000 1,500,000 shares will be earned by the Consultant and/or assigns in equal installments of 250,000 375,000 shares on December 1, 2007, March June 1, 2008, June December 1, 2008 and September June 1, 20082009. Said 1,000,000 1,500,000 shares of restricted common stock of the Company will be tendered to Consultant and/or assigns in one certificate on June 1, 2007execution of this Agreement; provided, however, that Consultant must return any unearned shares upon termination of this Agreement.

Appears in 1 contract

Samples: Consulting Agreement (Silver Reserve Corp.)

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Compensation for Consulting Services. The Company shall pay to Consultant and/or assigns as instructed by Consultant for the Consulting Services rendered hereunder, the sum of 1,000,000 1,500,000 shares of restricted common stock of the Company (“Consultant Shares”) which shall be earned in the following manner: 1,000,000 1,500,000 shares will be earned by the Consultant and/or assigns in equal installments of 250,000 375,000 shares on December 1, 2007, March June 1, 2008, June December 1, 2008 and September June 1, 20082009. Said 1,000,000 1,500,000 shares of restricted common stock of the Company will be tendered to Consultant and/or assigns in one certificate on June 1, 2007execution of this Agreement; provided, however, that Consultant must return any unearned shares upon termination of this Agreement.

Appears in 1 contract

Samples: Consulting Agreement (Silver Reserve Corp.)

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