Common use of Compensation Shares Clause in Contracts

Compensation Shares. The compensation for the Services rendered by the Contractor pursuant to this Agreement shall be payable in 1,500,000 shares of the Company's common stock to be registered pursuant to a registration statement on Form S-8 (the “Compensation Shares”) for the Term, payable by July 3, 2006.

Appears in 2 contracts

Samples: Consulting Agreement (Luna Technologies International Inc), Consulting Agreement (Luna Technologies International Inc)

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Compensation Shares. The compensation for the Services rendered by the Contractor pursuant to this Agreement shall be payable in 1,500,000 8,000 shares per month of the Company's restricted common stock to be registered pursuant to a registration statement on Form S-8 (the “Compensation Shares”) for the Term, payable by July 3, 2006.

Appears in 2 contracts

Samples: Consulting Agreement (Service Air Group Inc), Consulting Agreement (Service Air Group Inc)

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Compensation Shares. The compensation for the Services rendered by the Contractor pursuant to this Agreement shall also be payable in 1,500,000 500,000 shares of the Company's common stock to be registered pursuant to a registration statement on Form S-8 (the “Compensation Shares”) for the Term, payable by July 3, 2006.

Appears in 1 contract

Samples: Consulting Agreement (Luna Technologies International Inc)

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