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 50,000,000 Shares of the Company's common stock at the price per share of .07 which was the closing price as of September 30, 2002. The foregoing Options will immediately vest and 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 filed 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 50,000,000 Shares 7,000,000 shares of the Company's common stock at the price per share of .07 $.04 which was the closing price as of September 30February 11, 20022003. The foregoing Options will vest immediately vest and 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 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 50,000,000 Shares 23,000,000 shares of the Company's common stock at the price per share of .07 $.042 which was the closing price as of September 30January 23, 20022003. The foregoing Options will vest immediately vest and 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 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: 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 50,000,000 Shares 625,000 shares of the Company's common stock at the price $0.12 per share of .07 which was the closing price as of September 30, 2002share. The foregoing Options will immediately options shall vest at the end of the Initial Period and 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 filed by the Company. This option has been approved by the Board of Directors.

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 50,000,000 Shares 23.000,000 shares of the Company's common stock at the price per share of .07 $.044 which was the closing price as of September 30June 1 1, 20022003. The foregoing Options will vest immediately vest and will 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 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 50,000,000 1.500.000 Shares of the Company's common stock at the price per share of .07 .079 which was the closing price as of September 30January 7, 2002. The foregoing Options will immediately vest and will be part of at the Stock Option Agreement end to be created by the Company. The shares underlying this Option will be registered by the Company with the next registration statement 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)

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

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 50,000,000 Shares 2,000,000 shares of the Company's common stock at the price per share of .07 $.037 which was the closing price as of September 30, 2002April 17. 2003. The foregoing Options will vest immediately vest and 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 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 50,000,000 Shares 23,000,000 shares of the Company's common stock at the price per share of .07 $.042 which was the closing price as of September 30December 26, 2002. The foregoing Options will vest immediately vest and 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 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)

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