Common use of Consideration for License Clause in Contracts

Consideration for License. In consideration for the grant of the License by the Licensor to the Licensee pursuant to Section 1 of this Agreement, the Licensee hereby issues to the Licensor 4,605,337 shares of common stock in the Licensee. Accordingly, Licensor will have all of the rights, authority, and duties set forth for him as a shareholder of the Licensee.

Consideration for License. In As consideration for the grant of the License by the Licensor to the Licensee pursuant to Section 1 of rights and licenses granted in this Agreement, the Licensee hereby issues to the Licensor 4,605,337 shall receive 1,500,000 shares of Licensor common stock in the currently held by Licensee. AccordinglySublicense royalty rates, Licensor will have all of the rights, authoritylicensee sales commissions, and duties set forth for him as a shareholder of terms and conditions shall be determined from time to time by the LicenseeLicensor.

Consideration for License. In consideration for the grant of the License by the Licensor to the Licensee pursuant to Section 1 of this Agreement, the Licensee hereby issues to the Licensor 4,605,337 10,000,000 shares of common stock in the Licensee. Accordingly, Licensor will have all of the rights, authority, and duties set forth for him it as a shareholder of the Licensee.

Consideration for License. In As the sole and exclusive consideration for the grant of the License by the Licensor to the Licensee pursuant to Section 1 of rights and licenses granted in this Agreement, the Licensee hereby issues to Licensor shall receive, on the Licensor 4,605,337 date hereof, 5,000 shares of common stock in the Licensee. Accordingly, Licensor will have all of the rights, authority, and duties set forth for him as a shareholder of the Licensee.