Disaster Preparedness Systems Inc. Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • December 20th, 2006 • Disaster Preparedness Systems Inc. • Nevada

THIS AGREEMENT is made this 30th day of Decemeber, 2004, by and among Global Preparedness Systems Inc., a Nevada corporation (the “Company” or “Employer”), and Ronald Rogers (“Employee”).

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TECHNOLOGY TRANSFER AGREEMENT
Technology Transfer Agreement • December 20th, 2006 • Disaster Preparedness Systems Inc. • Nevada

This TECHNOLOGY TRANSFER AGREEMENT is entered into as of July 7, 2006 and shall be effective for all purposes as of December 15, 2004 (the “Effective Date”) by and between Duck Marine Systems, Inc., a British Columbia corporation (“Duck”), Disaster Preparedness Systems, Inc., a Nevada corporation f/k/a Global Preparedness Systems, inc. (“DPSI”), Mark J. Henrickson and Ronald R. Rogers (collectively, the “Inventors”).

Void after 5:00 P.M. New York City time on the last day of the Exercise Period, as defined below COMMON STOCK PURCHASE WARRANT OF DISASTER PREPAREDNESS SYSTEMS, INC. Issue Date: September 1, 2006
Disaster Preparedness Systems Inc. • December 20th, 2006 • Nevada

This is to certify that, FOR VALUE RECEIVED, _________________ (the “Holder”), is entitled to purchase, subject to the provisions of this Warrant, from Disaster Preparedness Systems, Inc., a Nevada corporation (the “Company”), at an exercise price per share of $0.50, subject to adjustment as provided in this Warrant (the “Warrant Exercise Price”), ________________ (___________) shares of common stock, no par value (the “Common Stock”). The shares of Common Stock deliverable upon such exercise, and as adjusted from time to time, are hereinafter sometimes referred to as the “Warrant Shares.”

Void after 5:00 P.M. New York City time on the last day of the Exercise Period, as defined below COMMON STOCK PURCHASE WARRANT OF DISASTER PREPAREDNESS SYSTEMS, INC. Issue Date: _______________ ___, 2006
Disaster Preparedness Systems Inc. • December 20th, 2006 • Nevada

This is to certify that, FOR VALUE RECEIVED, Octant Holdings Limited (the “Holder”), is entitled to purchase, subject to the provisions of this Warrant, from Disaster Preparedness Systems, Inc., a Nevada corporation (the “Company”), at an exercise price per share of $0.50, subject to adjustment as provided in this Warrant (the “Warrant Exercise Price”), EIGHT HUNDRED FIFTY THOUSAND (850,000) shares of common stock, no par value (the “Common Stock”). The shares of Common Stock deliverable upon such exercise, and as adjusted from time to time, are hereinafter sometimes referred to as the “Warrant Shares.”

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