Common use of Stock and Stock Options Clause in Contracts

Stock and Stock Options. Company acknowledges that Director is an owner of Common Stock and may hold options to purchase stock in Company, and that the rights attributable to these securities (the "Securities") shall not be affected by the execution of this Agreement.

Appears in 2 contracts

Samples: Board Member Agreement (Pokertek, Inc.), Board Member Agreement (Pokertek, Inc.)

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Stock and Stock Options. Company acknowledges that Director is an owner of both Common and Preferred Stock and may hold options holds an option to purchase stock in Company, and that the rights attributable to these securities (the "Securities") shall not be affected by the execution of this Agreement. In addition, in consideration of the services to be rendered under this Agreement, Company agrees to grant Director the following grant of 100,000 shares of Company's Common Stock.

Appears in 2 contracts

Samples: Board of Directors Agreement (Atomic Paintball Inc), Board of Directors Agreement (Atomic Paintball Inc)

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