Common use of Issuance of Shares for Entering into Agreement Clause in Contracts

Issuance of Shares for Entering into Agreement. As consideration for NTX entering into this Agreement, Client agrees to cause 13,000,000 shares of its common stock, par value $.001 per share, to be issued in amounts of 6,500,000 shares to Xxxxxx X. Xxxxxxx and 6,500,000 shares to Xxxxx X. Xxxxxx, affiliates of NTX. When issued, said shares shall be free trading shares, registered with the U.S. Securities and Exchange Commission on its Form S-8 or similar registration. The registration and issuance of said shares shall take place by no later than 5 days following the execution and delivery of this Agreement, and all costs in connection therewith shall be borne by NTX. NOTE: NTX SHALL HAVE NO OBLIGATION TO PERFORM ANY DUTIES PROVIDED FOR HEREIN IF PAYMENT [CASH AND/OR STOCK] IS NOT RECEIVED BY NTX WITHIN 15 DAYS OF MUTUAL EXECUTION OF THIS AGREEMENT BY THE PARTIES. IN ADDITION, NTX'S OBLIGATIONS UNDER THIS AGREEMENT SHALL BE SUSPENDED IF ANY PAYMENT OWING HEREUNDER IS MORE THAN FIFTEEN (15) DAYS DELINQUENT. FURTHERMORE, THE RECEIPT OF ANY FEES DUE TO NTX UPON EXECUTION OF THIS AGREEMENT ARE NOT CONTINGENT UPON ANY PRIOR PERFORMANCE OF ANY DUTIES WHATSOEVER DESCRIBED WITHIN THIS AGREEMENT.

Appears in 1 contract

Samples: Business Consulting Agreement (Age Research Inc)

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Issuance of Shares for Entering into Agreement. As consideration for NTX WPI entering into this Agreement, Client agrees to cause 13,000,000 300,000 shares of its common stock, par value $.001 per share, to be issued in amounts of 6,500,000 150,000 shares to Xxxxxxx Xxxxxx X. Xxxxxxx and 6,500,000 150,000 shares to Xxxxx X. XxxxxxXxxxxx , affiliates of NTXWPI. When issued, said shares shall be free trading shares, registered with the U.S. Securities and Exchange Commission on its Form S-8 or similar registration. The registration and issuance of said shares shall take place by no later than 5 15 days following the execution and delivery of this Agreement, and all costs in connection therewith shall be borne by NTXClient. NOTE: NTX WPI SHALL HAVE NO OBLIGATION TO PERFORM ANY DUTIES PROVIDED FOR HEREIN IF PAYMENT [CASH AND/OR STOCK] IS NOT RECEIVED BY NTX WPI WITHIN 15 DAYS OF MUTUAL EXECUTION OF THIS AGREEMENT BY THE PARTIES. IN ADDITION, NTX'S WPI’S OBLIGATIONS UNDER THIS AGREEMENT SHALL BE SUSPENDED IF ANY PAYMENT OWING HEREUNDER IS MORE THAN FIFTEEN (15) DAYS DELINQUENT. FURTHERMORE, THE RECEIPT OF ANY FEES DUE TO NTX WPI UPON EXECUTION OF THIS AGREEMENT ARE NOT CONTINGENT UPON ANY PRIOR PERFORMANCE OF ANY DUTIES WHATSOEVER DESCRIBED WITHIN THIS AGREEMENT.

Appears in 1 contract

Samples: Securities Purchase Agreement (Remedent Usa Inc/Az)

Issuance of Shares for Entering into Agreement. As consideration for NTX Consultants entering into this Agreement, Client agrees to cause 13,000,000 2,250,000 shares of its common stock, par value $.001 per share, to be immediately issued in amounts of 6,500,000 750,000 shares to Xxxxxx X. Xxxxxxx and 6,500,000 Mark Bergendahl, 750,000 shares to Xxxxx X. XxxxxxRichard Walker and 000,000 xxxxxs to Bradley Wilhite. Xx xxxxxxxx, affiliates Client shall cause 3,270,000 xxxxxx xx xxx common stock to be issued sixty days (60) from the date of NTXthis Agreement in amounts of 1,090,000 shares to Mark Bergendahl, 1,090,000 shares to Richard Walker and 1,000,000 xxxxxx to Bradley Wilhite. When issuedIn xxxxxxxx, said Client shall cause 3,270,000 xxxxxx xx xts common stock to be issued ninety days (90) from the date of this Agreement in amounts of 1,090,000 shares to Mark Bergendahl, 1,090,000 shares to Richard Walker and 0,000,000 xxxxes to Bradley Wilhite. Xxxx xxxxxx, xxxx shares shall be free trading sharesfxxx xxxxxxx xxares, registered with the U.S. Securities and Exchange Commission on its Form S-8 or similar registration. The registration and issuance of said shares shall take place by no later than 5 15 days following the execution and delivery of this Agreement, and all costs in connection therewith shall be borne by NTXClient. NOTE: NTX CONSULTANTS SHALL HAVE NO OBLIGATION TO PERFORM ANY DUTIES PROVIDED FOR HEREIN IF PAYMENT [CASH AND/OR STOCK] IS NOT RECEIVED BY NTX CONSULTANTS WITHIN 15 DAYS OF MUTUAL EXECUTION OF THIS AGREEMENT BY THE PARTIES. IN ADDITION, NTXCONSULTANTS'S OBLIGATIONS UNDER THIS AGREEMENT SHALL BE SUSPENDED IF ANY PAYMENT OWING HEREUNDER IS MORE THAN FIFTEEN (15) DAYS DELINQUENT. FURTHERMORE, THE RECEIPT OF ANY FEES DUE TO NTX CONSULTANTS UPON EXECUTION OF THIS AGREEMENT ARE NOT CONTINGENT UPON ANY PRIOR PERFORMANCE OF ANY DUTIES WHATSOEVER DESCRIBED WITHIN THIS AGREEMENT.

Appears in 1 contract

Samples: Consulting Agreement (Dimensional Visions Inc/ De)

Issuance of Shares for Entering into Agreement. As consideration for NTX WPI entering into this Agreement, Client agrees to cause 13,000,000 300,000 shares of its common stock, par value $.001 per share, to be issued in amounts of 6,500,000 150,000 shares to Xxxxxx X. Xxxxxxx Richard Walker and 6,500,000 150,000 shares to xx Xxxxx X. XxxxxxAbsher , affiliates of NTXxx XXX. When issuedXxxx xxxxxx, said shares shall be free trading shares, registered with the U.S. Securities and Exchange Commission on its Form S-8 or similar registration. The registration and issuance of said shares shall take place by no later than 5 15 days following the execution and delivery of this Agreement, and all costs in connection therewith shall be borne by NTXClient. NOTE: NTX WPI SHALL HAVE NO OBLIGATION TO PERFORM ANY DUTIES PROVIDED FOR HEREIN IF PAYMENT [CASH AND/OR STOCK] IS NOT RECEIVED BY NTX WPI WITHIN 15 DAYS OF MUTUAL EXECUTION OF THIS AGREEMENT BY THE PARTIES. IN ADDITION, NTXWPI'S OBLIGATIONS UNDER THIS AGREEMENT SHALL BE SUSPENDED IF ANY PAYMENT OWING HEREUNDER IS MORE THAN FIFTEEN (15) DAYS DELINQUENT. FURTHERMORE, THE RECEIPT OF ANY FEES DUE TO NTX WPI UPON EXECUTION OF THIS AGREEMENT ARE NOT CONTINGENT UPON ANY PRIOR PERFORMANCE OF ANY DUTIES WHATSOEVER DESCRIBED WITHIN THIS AGREEMENT.

Appears in 1 contract

Samples: Business Consulting Agreement (Remedent Usa Inc/Az)

Issuance of Shares for Entering into Agreement. As consideration for NTX Consultants entering into this Agreement, Client agrees to cause 13,000,000 2,250,000 shares of its common stock, par value $.001 per share, to be immediately issued in amounts of 6,500,000 750,000 shares to Xxxxxx X. Xxxxxxx and 6,500,000 Mark Bergendahl, 750,000 shares to Xxxxx X. XxxxxxRichard Walker and 750,000 sxxxxx xx Xxxxxxy Wilhite. In addition, affiliates Cxxxxx xxxll cause 3,270,000 sharxx xx xxx xxxxxn stock to be issued sixty days (60) from the date of NTXthis Agreement in amounts of 1,090,000 shares to Mark Bergendahl, 1,090,000 shares to Richard Walker and 1,090,000 xxxxxx xx Xxadley Wilhite. In addixxxx, Xxxxxx xhall cause 3,270,000 shares of xxx xxxxxn stock to be issued ninety days (90) from the date of this Agreement in amounts of 1,090,000 shares to Mark Bergendahl, 1,090,000 shares to Richard Walker and 1,090,000 xxxxxx xx Xxadley Wilhite. When issued, said shares xxxx xxxres shall be free trading sharesxxxxxx, registered xxxxxxered with the U.S. Securities and Exchange Commission on its Form S-8 or similar registration. The registration and issuance of said shares shall take place by no later than 5 15 days following the execution and delivery of this Agreement, and all costs in connection therewith shall be borne by NTXClient. NOTE: NTX CONSULTANTS SHALL HAVE NO OBLIGATION TO PERFORM ANY DUTIES PROVIDED FOR HEREIN IF PAYMENT [CASH AND/OR STOCK] IS NOT RECEIVED BY NTX CONSULTANTS WITHIN 15 DAYS OF MUTUAL EXECUTION OF THIS AGREEMENT BY THE PARTIES. IN ADDITION, NTXCONSULTANTS'S OBLIGATIONS UNDER THIS AGREEMENT SHALL BE SUSPENDED IF ANY PAYMENT OWING HEREUNDER IS MORE THAN FIFTEEN (15) DAYS DELINQUENT. FURTHERMORE, THE RECEIPT OF ANY FEES DUE TO NTX CONSULTANTS UPON EXECUTION OF THIS AGREEMENT ARE NOT CONTINGENT UPON ANY PRIOR PERFORMANCE OF ANY DUTIES WHATSOEVER DESCRIBED WITHIN THIS AGREEMENT.

Appears in 1 contract

Samples: Consulting Agreement (Dimensional Visions Inc/ De)

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Issuance of Shares for Entering into Agreement. As consideration for NTX WPI entering into this Agreement, Client agrees to cause 13,000,000 300,000 shares of its common stock, par value $.001 per share, to be issued in amounts of 6,500,000 150,000 shares to Xxxxxxx Xxxxxx X. Xxxxxxx and 6,500,000 150,000 shares to Xxxxx X. Xxxxxx, affiliates of NTXWPI. When issued, said shares shall be free trading shares, registered with the U.S. Securities and Exchange Commission on its Form S-8 or similar registration. The registration and issuance of said shares shall take place by no later than 5 15 days following the execution and delivery of this Agreement, and all costs in connection therewith shall be borne by NTXClient. NOTE: NTX WPI SHALL HAVE NO OBLIGATION TO PERFORM ANY DUTIES PROVIDED FOR HEREIN IF PAYMENT [CASH AND/OR STOCK] IS NOT RECEIVED BY NTX WPI WITHIN 15 DAYS OF MUTUAL EXECUTION OF THIS AGREEMENT BY THE PARTIES. IN ADDITION, NTXWPI'S OBLIGATIONS UNDER THIS AGREEMENT SHALL BE SUSPENDED IF ANY PAYMENT OWING HEREUNDER IS MORE THAN FIFTEEN (15) DAYS DELINQUENT. FURTHERMORE, THE RECEIPT OF ANY FEES DUE TO NTX WPI UPON EXECUTION OF THIS AGREEMENT ARE NOT CONTINGENT UPON ANY PRIOR PERFORMANCE OF ANY DUTIES WHATSOEVER DESCRIBED WITHIN THIS AGREEMENT.

Appears in 1 contract

Samples: Business Consulting Agreement (Remedent Usa Inc/Az)

Issuance of Shares for Entering into Agreement. As consideration for NTX entering into this Agreement, Client agrees to cause 13,000,000 10,000,000 shares of its common stock, par value $.001 per share, to be issued in amounts of 6,500,000 5,000,000 shares to Xxxxxx X. Xxxxxxx and 6,500,000 5,000,000 shares to Xxxxx X. Xxxxxx, affiliates of NTX. When issued, said shares shall be free trading shares, registered with the U.S. Securities and Exchange Commission on its Form S-8 or similar registration. The registration and issuance of said shares shall take place by no later than 5 15 days following the execution and delivery of this Agreement, and all costs in connection therewith shall be borne by NTXClient. NOTE: NTX SHALL HAVE NO OBLIGATION TO PERFORM ANY DUTIES PROVIDED FOR HEREIN IF PAYMENT [CASH AND/OR STOCK] IS NOT RECEIVED BY NTX WITHIN 15 DAYS OF MUTUAL EXECUTION OF THIS AGREEMENT BY THE PARTIES. IN ADDITION, NTX'S OBLIGATIONS UNDER THIS AGREEMENT SHALL BE SUSPENDED IF ANY PAYMENT OWING HEREUNDER IS MORE THAN FIFTEEN (15) DAYS DELINQUENT. FURTHERMORE, THE RECEIPT OF ANY FEES DUE TO NTX UPON EXECUTION OF THIS AGREEMENT ARE NOT CONTINGENT UPON ANY PRIOR PERFORMANCE OF ANY DUTIES WHATSOEVER DESCRIBED WITHIN THIS AGREEMENT.

Appears in 1 contract

Samples: Business Consulting Agreement (Pacel Corp)

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