Common use of Compensation; Grant of Stock Option Clause in Contracts

Compensation; Grant of Stock Option. In consideration for the services to be provided by the Consultant to the Company under the terms of this Agreement, the Company agrees to grant to the Consultant upon the execution of this Agreement A) $225,000.00 or 15 million free trading shares of stock to be registered in an S8 and a non-qualified stock option (the "Option") to purchase up to the number of shares (the "Shares") of the Company's common stock (the "Common Stock") as set forth below, which shall vest and be exercisable at the prices and on the terms set forth below: 1) $600,000 option for shares of common stock @ a 50% discount from the closing "bid" price for the ten (10) trading days immediately preceding the date of exercise.

Compensation; Grant of Stock Option. In consideration for the services to be provided by the Consultant to the Company under the terms of this Agreement, the Company agrees to grant to the Consultant upon the execution of this Agreement A) $225,000.00 or 15 million free trading shares of stock to be registered in an S8 and a non-qualified stock option (the "Option") to purchase up to the number of shares (the "Shares") of the Company's common stock (the "Common Stock") as set forth below, which shall vest and be exercisable at the prices and on the terms set forth below: 1) $600,000 300,000 option for shares of common stock @ a 50% discount from the closing "bid" price for the ten (10) trading days immediately preceding the date of exercise.

Compensation; Grant of Stock Option. In consideration for the services to be provided by the Consultant to the Company under the terms of this Agreement, the Company agrees to grant to the Consultant upon the execution of this Agreement A) Year One: $225,000.00 75,000.00 or 15 million free trading shares of stock to be registered in an S8 and a non-qualified stock option (the "Option") to purchase up to the number of shares (the "Shares") of the Company's common stock (the "Common Stock") as set forth below, which shall vest and be exercisable at the prices and on the terms set forth below: 1) $600,000 option for shares 150,000.00 of free trading common stock @ a 50% discount from the closing "bid" price for the ten (10) trading days immediately preceding the date of exerciseexercise of the option.