Common use of Conversion Wages Clause in Contracts

Conversion Wages. The Company and Employee hereby agree that Conversion Wages shall convert into 50,000 shares of Preferred Stock (“Conversion Shares”) to Employee.

Appears in 3 contracts

Samples: Conversion Agreement (Wellstar International, Inc.), Conversion Agreement (Wellstar International, Inc.), Conversion Agreement (Wellstar International, Inc.)

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Conversion Wages. The Company and Employee hereby agree that the Conversion Wages shall convert into 50,000 shares of Preferred Stock (“Conversion Shares”) to EmployeeStock.

Appears in 2 contracts

Samples: Conversion Agreement (Wellstar International, Inc.), Conversion Agreement (Wellstar International, Inc.)

Conversion Wages. The Company and Employee hereby agree that Conversion Wages shall convert into 50,000 5,000,000 shares of Preferred Stock (“Conversion Shares”) to Employee.

Appears in 1 contract

Samples: Conversion Agreement (Bonanza Oil & Gas, Inc.)

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Conversion Wages. The Company and Employee hereby agree that Conversion Wages shall convert into 50,000 50,978 shares of the Company’s Preferred Stock (“Conversion Shares”) to Employee).

Appears in 1 contract

Samples: Conversion Agreement (Sanswire Corp.)

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