Common use of Compensation/Stock Issuance Clause in Contracts

Compensation/Stock Issuance. Ninety days after successful employment, the Company agrees to issue 25,000 shares of the Company’s common stock (the “Shares”) to the Executive in consideration of his services. Upon issuance of the common stock, the shares shall be considered outstanding and fully paid. The Shares shall be subject to the following terms and conditions:

Appears in 3 contracts

Samples: Employment, Lock Up and Options Agreement (AMERICATOWNE Inc.), Employment, Lock Up and Options Agreement (AMERICATOWNE Inc.), Employment, Lock Up and Options Agreement (AMERICATOWNE Inc.)

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Compensation/Stock Issuance. Ninety days after successful employment, the Company agrees to issue 25,000 100,000 shares of the Company’s common stock (the “Shares”) to the Executive in consideration of his her services. Upon issuance of the common stock, the shares shall be considered outstanding and fully paid. The Shares shall be subject to the following terms and conditions:

Appears in 1 contract

Samples: Employment, Lock Up and Options Agreement (AMERICATOWNE Inc.)

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