Common use of Equity for Services Clause in Contracts

Equity for Services. The Company will grant the Consultant a Five Year (5) Stock Option in the Company's common stock for 600,000 shares of the Company's common stock at the c1osing stock price per share as of March 17,1999. The foregoing Options will vest at the end of the Initial Period and v ill be part of the Stock Option Agreement to be created by the Company. The shares underlying this Option will be registered by the Company with the next registration statement fi1ed by the Company. This option has been approved by the Board of Directors.

Appears in 1 contract

Samples: Consulting Agreement (NCT Group Inc)

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Equity for Services. The Company will grant the Consultant Consultants a Five Year (5) Stock Option in the Company's common stock for 600,000 7,000,000 shares of the Company's common stock at the c1osing stock price per share of $.04 which was the closing price as of March 17,1999February 11, 2003. The foregoing Options will vest at the end of the Initial Period immediately and v ill will be part of the Stock Option Agreement to be created by the Company. The shares underlying sharesunderlying this Option will be registered by the Company with the next registration statement fi1ed filed by the Company. This option has been approved by the Board of Directors. All previous options as amended shall continue to be in full force and effect.

Appears in 1 contract

Samples: Consulting Agreement (NCT Group Inc)

Equity for Services. The Company will grant the Consultant a Five Year (5) Stock Option in the Company's common stock for 600,000 shares 50,000,000 Shares of the Company's common stock at the c1osing stock price per share of .07 which was the closing price as of March 17,1999September 30, 2002. The foregoing Options will immediately vest at the end of the Initial Period and v ill will be part of the Stock Option Agreement to be created by the Company. The shares underlying this Option will be registered by the Company with the next registration statement fi1ed filed by the Company. This option has been approved by the Board of Directors.

Appears in 1 contract

Samples: NCT Group Inc

Equity for Services. The Company will grant the Consultant Consultants a Five Year (5) Stock Option in the Company's common stock for 600,000 2,000,000 shares of the Company's common stock at the c1osing stock price per share of $.037 which was the closing price as of March 17,1999April 17. 2003. The foregoing Options will vest at the end of the Initial Period immediately and v ill will be part of the Stock Option Agreement to be created by the Company. The shares underlying this Option will be registered by the Company with the next registration statement fi1ed filed by the Company. This option has been approved by the Board of Directors. All previous options as amended shall continue to be in full force and effect.

Appears in 1 contract

Samples: Consulting Agreement (NCT Group Inc)

Equity for Services. The Company will grant the Consultant a Five Year (5) Stock Option in the Company's common stock for 600,000 shares 1.500.000 Shares of the Company's common stock at the c1osing stock price per share of .079 which was the closing price as of March 17,1999January 7, 2002. The foregoing Options will vest at the end of the Initial Period and v ill be part of the Stock Option Agreement to be created by the Company. The shares underlying this Option will be registered by the Company with the next registration statement fi1ed filed by the Company. This option has been approved by the Board of Directors. All previous options as amended shall continue to be in full force and effect.

Appears in 1 contract

Samples: Consulting Agreement (NCT Group Inc)

Equity for Services. The Company will grant the Consultant a Five Year (5) Stock Option in the Company's common stock for 600,000 625,000 shares of the Company's common stock at the c1osing stock price $0.12 per share as of March 17,1999share. The foregoing Options will options shall vest at the end of the Initial Period and v ill will be part of the Stock Option Agreement to be created by the Company. The shares underlying this Option option will be registered by the Company with the next registration statement fi1ed filed by the Company. This option has been approved by the Board of Directors.

Appears in 1 contract

Samples: NCT Group Inc

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Equity for Services. The Company will grant the Consultant Consultants a Five Year (5) Stock Option in the Company's common stock for 600,000 23,000,000 shares of the Company's common stock at the c1osing stock price per share of $.042 which was the closing price as of March 17,1999December 26, 2002. The foregoing Options will vest at the end of the Initial Period immediately and v ill will be part of the Stock Option Agreement to be created by the Company. The shares underlying this Option will be registered by the Company with the next registration statement fi1ed filed by the Company. This option has been approved by the Board of Directors. All previous options as amended shall continue to be in full force and effect.

Appears in 1 contract

Samples: NCT Group Inc

Equity for Services. The Company will grant the Consultant Consultants a Five Year (5) Stock Option in the Company's common stock for 600,000 23.000,000 shares of the Company's common stock at the c1osing stock price per share of $.044 which was the closing price as of March 17,1999June 1 1, 2003. The foregoing Options will vest at the end of the Initial Period immediately and v ill be part of the Stock Option Agreement to be created by the Company. The shares underlying this Option will be registered by the Company with the next registration statement fi1ed filed by the Company. This option has been approved by the Board of Directors. All previous options as amended shall continue to be in full force and effect.

Appears in 1 contract

Samples: Consulting Agreement (NCT Group Inc)

Equity for Services. The Company will grant the Consultant Consultants a Five Year (5) Stock Option in the Company's common stock for 600,000 23,000,000 shares of the Company's common stock at the c1osing stock price per share of $.042 which was the closing price as of March 17,1999January 23, 2003. The foregoing Options will vest at the end of the Initial Period immediately and v ill will be part of the Stock Option Agreement to be created by the Company. The shares underlying this Option will be registered by the Company with the next registration statement fi1ed filed by the Company. This option has been approved by the Board of Directors. Al-1 previous options as amended shall continue to be in full force and effect.

Appears in 1 contract

Samples: NCT Group Inc

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