RELEASE OF PERFORMANCE SHARES FROM ESCROW. 9.1 Release of shares of natural resource issuer - Holders of performance shares of a natural resource issuer will be entitled to the pro-rata release of those performance shares on the basis of 15% of the original number of performance shares for every $100,000 expended on exploration and development of a resource property by
Appears in 7 contracts
Samples: Escrow Agreement (Sovereign Chief Ventures LTD), Escrow Agreement (Minco Mining & Metals Corp), Escrow Agreement (Global Election Systems Inc)
RELEASE OF PERFORMANCE SHARES FROM ESCROW. 9.1 Release of shares of natural resource issuer - Holders of performance shares of a natural resource issuer will be entitled to the pro-rata release of those performance shares on the basis of 15% of the . original number of performance shares for every $100,000 expended on exploration and development of a resource property by
Appears in 1 contract
