Common use of The Consultant’s Fee Clause in Contracts

The Consultant’s Fee. The Consultant recognizes and understands that the Company has a deficit in working capital, negative cash flows from operations, a stockholders’ deficit and recurring net losses. The Company’s independent auditors have expressed the opinion that these issues raise substantial doubt about the Company’s ability to continue as a going concern. Accordingly, the Consultant agrees to accept compensation for its services under this Agreement in the form of options to purchase shares of the Company’s common stock, rather than in cash, on the following terms:

The Consultant’s Fee. The Consultant recognizes and understands that the Company has a deficit in working capital, negative cash flows from operations, a stockholders’ ' deficit and recurring net losses. The Company’s 's independent auditors have expressed the opinion that these issues raise substantial doubt about the Company’s 's ability to continue as a going concern. Accordingly, the Consultant agrees to accept compensation for its services under this Agreement in the form of options to purchase shares of the Company’s 's common stock, rather than in cash, on the following terms:

The Consultant’s Fee. The Consultant recognizes and understands that the Company has a deficit in working capital, negative cash flows from operations, a stockholders’ deficit and recurring net losses. The Company’s independent auditors have expressed the opinion that these issues raise substantial doubt about the Company’s ability to continue as a going concern. Accordingly, the Consultant agrees to accept compensation for its services under this Agreement in the form of options shares to purchase shares of the Company’s common stock, rather than in cash, on the following terms:

The Consultant’s Fee. The Consultant recognizes and understands that the Company has a deficit in working capital, negative cash flows from operations, a stockholders’ ' deficit and recurring net losses. The Company’s 's independent auditors have expressed the opinion that these issues raise substantial doubt about the Company’s 's ability to continue as a going concern. Accordingly, the Consultant agrees to accept compensation for its his services under this Agreement in the form of options shares of the Company's common stock and warrants to purchase shares of the Company’s 's common stock, rather than in cash, on the following terms: