Common use of Stock Bonus Clause in Contracts

Stock Bonus. Executive will be entitled to seven million (7,000,000) shares of the Company's Common Stock at his completion of the first (12) twelve months of service under this contract. These shares will be issued at the first opportunity after Executive has completed twelve (12) months of service as President when there are sufficient authorized shares to do so. These shares shall vest to the Executive at a rate of one twelfth per month starting as of July 1, 2000.

Stock Bonus. Executive will be entitled to seven four million five hundred thousand (7,000,0004,500,000) shares of the Company's Common Stock common stock at his the completion of the first twelve (12) twelve months of service under this contract. These shares will shall be issued at the first opportunity after Executive has completed the first twelve (12) months of service under this contract as President Chief Financial Officer when there are sufficient shares authorized shares to do so. These shares shall vest to the Executive at a rate of one twelfth per month starting as of July 1, 2000.

Stock Bonus. Executive will be entitled to seven nine million (7,000,0009,000,000) shares of the Company's Common Stock common stock at his the completion of the first twelve (12) twelve months of service under this contract. These shares will shall be issued at the first opportunity after Executive has completed the first twelve (12) months of service under this contract as President Chief Executive Officer when there are sufficient shares authorized shares to do so. These shares shall vest to the Executive at a rate of one twelfth per month starting as of July 1, 2000.

Stock Bonus. Executive will be entitled to seven two million (7,000,0002,000,000) shares of the Company's Common Stock at his completion of the first twelve (12) twelve months of service under this contract. These shares will shall be issued at the first opportunity after Executive has completed the first twelve (12) months of service as President Corporate Controller when there are sufficient authorized shares to do so. These shares shall vest to the Executive at a rate of one twelfth per month starting as of July 1, 2000.

Stock Bonus. Executive will be entitled to seven three million (7,000,0003,000,000) shares Shares of the Company's Common Stock at his completion of the first twelve (12) twelve months of service under this contract. These shares will be issued at the first opportunity after Executive has completed the first twelve (12) months of service as President Vice President, Business Development when there are sufficient authorized shares to do so. These shares shall vest to the Executive at a rate of one twelfth per month starting as of July 1, 2000.