Common use of Compensation of Consultant Clause in Contracts

Compensation of Consultant. The Company shall pay the Consultant $102,500 (205,000 shares based upon a price of $0.50 per share) on successful conclusion of the work performed at the end of the initial term. Any fees to be paid in cash or shares in the Company at the closing market price ruling as of the date of commencement of this contract (Shares to be issued under regulation S-8) as mutually agreed between the parties.

Appears in 2 contracts

Samples: Consultant & Advisory Agreement (Electronic Game Card Inc), Consulting Agreement (Electronic Game Card Inc)

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Compensation of Consultant. The Company shall pay the Consultant $102,500 (205,000 shares based upon a price of $0.50 per share) 150,000 on successful conclusion of the work performed at the end of the initial term. Any fees to be paid in cash or shares in the Company at the closing market price ruling as of the date of commencement of this contract (Shares to be issued under regulation S-8) as mutually agreed between the parties, which is deemed to be Forty cents ($0.40) per share for a total of Three Hundred and Seventy Five Thousand (375,000) shares.

Appears in 1 contract

Samples: Consulting Agreement (Electronic Game Card Inc)

Compensation of Consultant. The Company shall pay the Consultant $102,500 (205,000 shares based upon a price of $0.50 per share) 95,000 on successful conclusion of the work performed at the end of the initial term. Any fees to be paid in cash or shares in the Company at the closing market price ruling as of the date of commencement of this contract (Shares to be issued under regulation S-8) as mutually agreed between the parties, which is deemed to be Seventeen and a half cents ($0.475) per share for a total of Two Hundred Thousand (200,000) shares.

Appears in 1 contract

Samples: Consulting & Advisory Agreement (Electronic Game Card Inc)

Compensation of Consultant. The Company shall pay the Consultant $102,500 (205,000 shares based upon a price of $0.50 per share) pound)100,000 on successful conclusion of the work performed at the end of the initial term. Any fees to be paid in cash or shares in the Company at the closing market price ruling as of the date of commencement of this contract (Shares to be issued under regulation S-8) as mutually agreed between the parties, which is deemed to be Forty cents ($0.40) per share for a total of Four Hundred Ninety Six Thousand Nine Hundred Forty Three (496,943) shares.

Appears in 1 contract

Samples: Consulting Agreement (Electronic Game Card Inc)

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Compensation of Consultant. The Company shall pay the Consultant $102,500 (205,000 pound)125,000 (391,867 shares based upon a price of $0.50 0.644 per share) on ON successful conclusion of the work performed at the end of the initial term. Any fees to be paid in cash or shares in the Company at the closing market price ruling as of the date of commencement of this contract (( Shares to be issued under regulation S-8) as mutually agreed between the parties.

Appears in 1 contract

Samples: Consulting Agreement (Electronic Game Card Inc)

Compensation of Consultant. The Company shall pay the Consultant $102,500 100,000 (205,000 200,000 shares based upon a price of $0.50 per share) on successful conclusion of the work performed at the end of the initial term. Any fees to be paid in cash or shares in the Company at the closing market price ruling as of the date of commencement of this contract (Shares to be issued under regulation S-8) as mutually agreed between the parties.

Appears in 1 contract

Samples: Consulting & Advisory Agreement (Electronic Game Card Inc)

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