Issuance of Option. Upon execution of this Agreement, the Company hereby issues Holder an option to acquire 20,000,000 shares of the Company’s Common Stock at an exercise price equal to the volume weighted average price of the Company’s common stock for the twenty trading days prior to the date of the Purchase Agreement with Xxxxxx Fabrication L.L.C. and High Plains (but not less than $0.05 per share) (the Exercise Price”), subject to the terms of this Agreement (the “Option”).
Appears in 3 contracts
Samples: Stock Option Agreement (High Plains Gas, Inc.), Stock Option Agreement (High Plains Gas, Inc.), Stock Option Agreement (High Plains Gas, Inc.)
Issuance of Option. Upon execution of this Agreement, the Company hereby issues Holder an option to acquire 20,000,000 shares up to 1,000,000 Shares of the Company’s Common Stock Stock, fully paid and non-assessable at an exercise price equal to the volume weighted average price of the Company’s common stock for the twenty trading days prior to the date of the Purchase Agreement with Xxxxxx Fabrication L.L.C. and High Plains (but not less than $0.05 .50 per share) share (the “Exercise Price”), subject to the terms of this Agreement (the “"Option”").
Appears in 2 contracts
Samples: Employment Agreement (Discount Dental Materials, Inc.), Employment Agreement (Discount Dental Materials, Inc.)
