Common use of Compensation to Consultant for Consulting Services Clause in Contracts

Compensation to Consultant for Consulting Services. In consideration for the consulting services rendered to the Company as described in Section 2.00 of this Agreement, together with other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Company hereby agrees to pay Consultant the following consulting fees (the “Fees”): 4.01 Payment of Commencement Fee to Consultant by the Company. In consideration for Consultant’s undertaking a preliminary evaluation of the Company and Consultant’s preliminary assessment of the challenges and difficulties facing the Company, the Company shall pay and deliver to Consultant (at Consultant’s address stated on the first page of this Agreement) the fees highlighted under Fee Structure on page 17 of this document. 4.01.01 Issue and deliver to Consultant, at Consultant’s address stated on this Agreement, one (1) or more stock certificates (the “Certificates”) equivalent to fee, highlighted under the Fee Structure. Each Certificate shall bear a restricted securities legend in accordance with the Securities Act of 1933. These Fees shall be for all purposes non-refundable in every respect. In the event that the Company later elects to terminate this Agreement at any time following the commencement of the Term, the Fee shall not be refunded and no amount or portion of either shall be due or returned to the Company. In addition, the Company’s Corporate Secretary shall execute and deliver the Certificate of Corporate Secretary (attached hereto as Exhibit B) with a manually executed copy of this Agreement. 4.01.02 Deliver a true and accurate photocopy of the Board of Directors’ resolution duly adopted by the Company’s Board of Directors authorizing the issuance of the Shares in accordance with this Agreement. 4.01.03 Deliver a true and accurate photocopy of the Board of Directors’ resolution(s) duly adopted by the Company’s Board of Directors authorizing and approving this Agreement. 4.01.04 Deliver the Certificate(s) with a true photocopy of the Legal Opinion to Consultant (or any person designated by Consultant) at Consultant’s address first shown on the first page of this Agreement via overnight express mail, postage prepaid, or via similar prepaid overnight express delivery at no cost to Consultant. 4.01.05 If requested at the time that the Fee is or will be paid, Consultant agrees to execute an investment questionnaire and an investment agreement as is customary for the issuance of the Shares in transactions similar to the transactions contemplated by this Agreement and the said investment agreement shall not be held or interpreted so as to contradict or contravene this Agreement or the obligations recited herein in any way. 4.02 The Parties hereto acknowledge and agree that Consultant has foregone significant alternative opportunities in entering into this Agreement and assuming the obligations set forth in Section 2.00 of this Agreement. The Company further acknowledges and agrees that it derives substantial benefit from the execution of this Agreement and the ability to announce its relationship with Consultant. 4.03 The shares of the Common Stock issued as a Fee shall constitute payment for Consultant’s agreement to consult to the Company and are a non-refundable, non-apportionable, and non-ratable retainer and the Fee are not and shall not be construed as a prepayment for future services. In the event that the Company terminates this Agreement prior to the completion of the Term of this Agreement, for any reason whatsoever, it is agreed and understood that the Fee shall not be refundable or returned to the Company.

Compensation to Consultant for Consulting Services. In consideration for the consulting services rendered to the Company as described in Section 2.00 of this Agreement, together with other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Company hereby agrees to pay Consultant the following consulting fees (the “Fees”): 4.01 Payment of Commencement Fee to Consultant by the Company. In consideration for Consultant’s undertaking a preliminary evaluation of the The Company and Consultant’s preliminary assessment of the challenges and difficulties facing the Company, the Company shall pay and deliver to Consultant (at Consultant’s address stated on the first page of this Agreement) the fees highlighted under Fee Structure on page 17 of this document. 4.01.01 Issue will issue and deliver to Consultant, at Consultant’s address stated on this Agreement, one (1) or more stock certificates (the “Certificates”) equivalent to fee, highlighted under representing one million five hundred thousand shares (1,500,000) of the Fee Structurecompany’s common stock. Each Certificate shall bear a restricted securities legend in accordance with the Securities Act of 1933. These Fees shall be for all purposes non-refundable in every respect. In the event that the Company later elects to terminate this Agreement at any time following the commencement of the Term, the Fee shall not be refunded and no amount or portion of either shall be due or returned to the Company. In addition, the Company’s Corporate Secretary shall execute and deliver the Certificate of Corporate Secretary (attached hereto as Exhibit B) with a manually executed copy of this Agreement. 4.01.02 Deliver , and the Company agrees to deliver a true and accurate photocopy of the Board of Directors’ resolution duly adopted by the Company’s Board of Directors authorizing the issuance of the Shares in accordance with this Agreement. 4.01.03 Deliver a true and accurate photocopy of the Board of Directors’ resolution(s) duly adopted by the Company’s Board of Directors authorizing and approving this Agreement. 4.01.04 Deliver the Certificate(s) with a true photocopy of the Legal Opinion to Consultant (or any person designated by Consultant) at Consultant’s address first shown on the first page of this Agreement via overnight express mail, postage prepaid, or via similar prepaid overnight express delivery at no cost to Consultant. 4.01.05 If requested at the time that the Fee is or will be paid, Consultant agrees to execute an investment questionnaire and an investment agreement as is customary for the issuance of the Shares in transactions similar to the transactions contemplated by this Agreement and the said investment agreement shall not be held or interpreted so as to contradict or contravene this Agreement or the obligations recited herein in any way. 4.02 The Parties hereto acknowledge and agree that Consultant has foregone significant alternative opportunities in entering into this Agreement and assuming the obligations set forth in Section 2.00 of this Agreement. The Company further acknowledges and agrees that it derives substantial benefit from the execution of this Agreement and the ability to announce its relationship with ConsultantAgreement. 4.03 The shares of the Common Stock issued as a Fee shall constitute payment for Consultant’s agreement to consult to the Company services and are a non-refundable, non-apportionableapportion able, and non-ratable retainer and the Fee are not and shall not be construed as a prepayment for future services. In the event that the Company terminates this Agreement prior to the completion of the Term of this Agreement, for any reason whatsoever, it is agreed and understood that the Fee shall not be refundable or returned to the Company.

Compensation to Consultant for Consulting Services. In consideration for the consulting services rendered to the Company as described in Section 2.00 of this Agreement, together with other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Company hereby agrees to pay Consultant the following consulting fees (the “"Fees”"): 4.01 Payment of Commencement Fee to Consultant by the Company. In consideration for Consultant’s undertaking a preliminary evaluation of the Company and Consultant’s preliminary assessment of the challenges and difficulties facing the Company, the Company shall pay and deliver to Consultant (at Consultant’s address stated on the first page of this Agreement) the fees highlighted under Fee Structure on page 17 of this document. 4.01.01 Issue and deliver to Consultant, at Consultant’s 's address stated on the first page of this Agreement, one (1) or more stock certificates (the “Certificates”"Certifi­cates") equivalent to fee, highlighted under representing 3% of the Fee StructureCompany's outstanding Common Stock (the "Stock Fee"). Each Certificate shall bear a restricted securities legend le­gend in accordance with the Securities Act of 1933. These Stock Com­mencement Fees shall be for all purposes non-refundable in every respect. re­spect, In the event that the Company later elects to terminate this Agreement at any time following the commencement of the Term, the Stock Fee shall not be refunded and no amount or portion of either shall be due dnc or returned to the Company. In addition, the Company’s Corporate 's Corpo­rate Secretary shall execute and deliver the Certificate of Corporate Secretary Sec­retary (attached hereto as Exhibit B) with a manually executed copy of this Agreement. 4.01.02 4.02 Deliver a true and accurate photocopy of the Board of Directors’ resolution ' resolu­tion duly adopted by the Company’s 's Board of Directors authorizing the issuance of the Shares in accordance with this Agreement. 4.01.03 4.03 Deliver a true and accurate photocopy of the Board of Directors’ resolution(s* resolu­tion^) duly adopted by the Company’s 's Board of Directors authorizing and approving this Agreement. 4.01.04 Deliver the Certificate(s) with a true photocopy of the Legal Opinion to Consultant (or any person designated by Consultant) at Consultant’s address first shown on the first page of this Agreement via overnight express mail, postage prepaid, or via similar prepaid overnight express delivery at no cost to Consultant. 4.01.05 4.04 If requested at the time that the Slock Fee is or will be he paid, . Consultant agrees to execute an investment questionnaire and an investment agreement agree­ment as is customary for fur the issuance of the Shares in transactions similar simi­lar to the transactions contemplated by this Agreement and the said investment in­vestment agreement shall not be held or interpreted so as to contradict or contravene this Agreement or the obligations recited herein in any way. 4.02 4.05 The Parties hereto acknowledge and agree that Consultant has foregone significant alternative opportunities in entering into this Agreement and assuming the obligations set forth in Section 2.00 of this Agreement. The Company further acknowledges and agrees that it derives substantial substan­tial benefit from the execution of this Agreement and the ability to announce an­nounce its relationship with witli Consultant. 4.03 4.06 The shares of the Common Stock issued as a Stock Fee shall constitute payment for Consultant’s 's agreement to consult to the Company and are a non-refundable, non-apportionableapportion able, and non-ratable retainer and the Stock Fee are not and shall not be construed as a prepayment for future services. In the die event that the Company terminates this Agreement prior to the completion of the Term of this Agreement, for any reason whatsoeverwhat­soever, it is agreed and understood that the Stock Fee shall not be refundable re­fundable or returned to the Company. 4.07 Nothing herein shall limit the right of CGC to transfer the shares re­ceived as consideration hereunder to its employees pursuant to and ac­cording to the terms and conditions of their respective employment agreements.