Common use of Form of Retainer Fee Payment Clause in Contracts

Form of Retainer Fee Payment. For each 2008 monthly retainer fee payment, Consultant may elect to receive payment in the form of common stock of eDOORWAYS Corporation or its successor(s) rather than in a cash payment. In the event that Consultant elects to receive common stock, the number of shares to be received by Consultant shall be calculated by dividing the amount of the monthly retainer fee payment by the average trading price for the five days prior to the date payment is due.

Form of Retainer Fee Payment. For each 2008 monthly retainer fee payment, Consultant may elect to shall receive payment in the form of common stock of eDOORWAYS Corporation or its successor(s) rather than in a cash payment. In the event that Consultant elects to receive common stock, the The number of shares to be received by Consultant shall be calculated by dividing the amount of the monthly retainer fee payment by the average eDoorways stock trading price for on the five days prior to first day of the date month that the payment is due.

Form of Retainer Fee Payment. For each 2008 monthly retainer fee payment, Consultant may elect to shall receive payment in the form of common stock of eDOORWAYS Corporation or its successor(s) rather than in a cash payment. In the event that Consultant elects to receive common stock, the The number of shares to be received by Consultant shall be calculated by dividing the amount of the monthly retainer fee payment by the average eDOORWAYS stock trading price for on the five days prior to first day of the date month that the payment is due.