Common use of CONSIDERATION FOR THE GRANT OF OPTION Clause in Contracts

CONSIDERATION FOR THE GRANT OF OPTION. 5.1 In order to keep the right and Option granted to [Placer] in respect of the Property in good standing and in force and effect, [Placer] shall be obligated to: (a) CASH PAYMENTS Pay to [Mr. Almarez] as follows: (i) $2000 upon execution of thix Xxxxxxxxx; (b) PROPERTY PAYMENTS AND ASSESSMENT WORK Pay, or cause to be paid, to [Mr. Almarez], or on [Mr. Almarez]'s behalf as [Placer] xxx xxxxxxxxe, all Propxxxx xxxxxxxs and assessment work required to keep the Concessions and this Option in good standing during the term of this Agreement.

CONSIDERATION FOR THE GRANT OF OPTION. 5.1 In order to keep the right and Option granted to [Placer] in respect of the Property in good standing and in force and effect, [Placer] shall be obligated to: (a) CASH PAYMENTS Pay to [Mr. Almarez] as follows: (i) $2000 upon execution of thix this Xxxxxxxxx; (be) PROPERTY PAYMENTS AND ASSESSMENT WORK Pay, or cause to be paid, to [Mr. Almarez], or on [Mr. Almarez]'s behalf as [Placer] xxx xxxxxxxxemay xxxxxxxxx, all Propxxxx Propexxx xxxxxxxs and assessment work required to keep the Concessions and this Option in good standing during the term of this Agreement.

CONSIDERATION FOR THE GRANT OF OPTION. 5.1 In order to keep the right and Option granted to [Placer] in respect of the Property in good standing and in force and effect, [Placer] shall be obligated to: (a) CASH PAYMENTS Pay to [Mr. Almarez] as follows: (i) $2000 upon execution of thix this Xxxxxxxxx; (b) PROPERTY PAYMENTS AND ASSESSMENT WORK Pay, or cause to be paid, to [Mr. Almarez], or on [Mr. Almarez]'s behalf as [Placer] xxx xxxxxxxxemax xxxxxxxxx, all Propxxxx xxxxxxxs Properxx xxxxxxxx and assessment work required to keep the Concessions and this Option in good standing during the term of this Agreement.

CONSIDERATION FOR THE GRANT OF OPTION. 5.1 In order to keep the right and Option granted to [Placer] in respect of the Property in good standing and in force and effect, [Placer] shall be obligated to: (a) CASH PAYMENTS Pay to [Mr. Almarez] as follows: (i) $2000 upon execution of thix Xxxxxxxxxthis Axxxxxxxx; (be) PROPERTY PAYMENTS AND ASSESSMENT WORK Pay, or cause to be paid, to [Mr. Almarez], or on [Mr. Almarez]'s behalf as [Placer] xxx xxxxxxxxemay dxxxxxxxx, all Propxxxx xxxxxxxs xll Propertx xxxxxxxx and assessment work required to keep the Concessions and this Option in good standing during the term of this Agreement.