Common Contracts
5 similar Warrant Agreement contracts by Netfran Development Corp
EXHIBIT 10.16 WARRANT AGREEMENT Mr. Aziz Bennani will, upon the completion of an application by Ariel Way, Inc to become a public company or of an acquisition or merger of Ariel Way, Inc. with a public corporate entity making the surviving company a...Warrant Agreement • April 15th, 2005 • Netfran Development Corp • Patent owners & lessors
Mr. Aziz Bennani will, upon the completion of an application by Ariel Way, Inc to become a public company or of an acquisition or merger of Ariel Way, Inc. with a public corporate entity making the surviving company a public company with the Ariel Way, Inc.'s shareholders controlling at least eighty five percent (85%) of the surviving company, be granted a warrant, assuming that the total number of outstanding public shares of the Company is twenty million (20,000,000) shares of Common Stock, to acquire 780,000 shares of the Company's common stock at an exercise price of $0.010 per share (the "Warrant Shares") to vest as follows: (i) 40,000 Warrant Shares shall vest monthly each of the first twelve months during the term of an Employment Agreement with Mr. Bennani or immediately if Mr. Bennani's employment is terminated without cause or for good reason or due to a change in control, sale of a majority of the common stock or substantially all of the assets of the Company or merger of th
EXHIBIT 10.14 WARRANT AGREEMENT Ms. Voula Kanellias will, upon the completion of an application by Ariel Way, Inc to become a public company or of an acquisition or merger of Ariel Way, Inc. with a public corporate entity making the surviving company...Warrant Agreement • April 15th, 2005 • Netfran Development Corp • Patent owners & lessors
Ms. Voula Kanellias will, upon the completion of an application by Ariel Way, Inc to become a public company or of an acquisition or merger of Ariel Way, Inc. with a public corporate entity making the surviving company a public company with the Ariel Way, Inc.'s shareholders controlling at least eighty five percent (85%) of the surviving company, be granted a warrant, assuming that the total number of outstanding public shares of the Company is twenty million (20,000,000) shares of Common Stock, to acquire 600,000 shares of the Company's common stock at an exercise price of $0.010 per share (the "Warrant Shares") to vest as follows: (i) 40,000 Warrant Shares shall vest monthly each of the first twelve months during the term of an Employment Agreement with Ms. Kanellias or immediately if Ms. Kanellias's employment is terminated without cause or for good reason or due to a change in control, sale of a majority of the common stock or substantially all of the assets of the Company or merge
EXHIBIT 10.13 WARRANT AGREEMENT Mr. Anand Kumar will, upon the completion of an application by Ariel Way, Inc to become a public company or of an acquisition or merger of Ariel Way, Inc. with a public corporate entity making the surviving company a...Warrant Agreement • April 15th, 2005 • Netfran Development Corp • Patent owners & lessors
Mr. Anand Kumar will, upon the completion of an application by Ariel Way, Inc to become a public company or of an acquisition or merger of Ariel Way, Inc. with a public corporate entity making the surviving company a public company with the Ariel Way, Inc.'s shareholders controlling at least eighty five percent (85%) of the surviving company, be granted a warrant, assuming that the total number of outstanding public shares of the Company is twenty million (20,000,000) shares of Common Stock, to acquire 980,000 shares of the Company's common stock at an exercise price of $0.010 per share (the "Warrant Shares") to vest as follows: (i) 50,000 Warrant Shares shall vest monthly each of the first twelve months during the term of an Employment Agreement with Mr. Kumar or immediately if Mr. Kumar's employment is terminated without cause or for good reason or due to a change in control, sale of a majority of the common stock or substantially all of the assets of the Company or merger of the Com
EXHIBIT 10.15 WARRANT AGREEMENT Mr. Magdy Battikha will, upon the completion of an application by Ariel Way, Inc to become a public company or of an acquisition or merger of Ariel Way, Inc. with a public corporate entity making the surviving company a...Warrant Agreement • April 15th, 2005 • Netfran Development Corp • Patent owners & lessors
Mr. Magdy Battikha will, upon the completion of an application by Ariel Way, Inc to become a public company or of an acquisition or merger of Ariel Way, Inc. with a public corporate entity making the surviving company a public company with the Ariel Way, Inc.'s shareholders controlling at least eighty five percent (85%) of the surviving company, be granted a warrant, assuming that the total number of outstanding public shares of the Company is twenty million (20,000,000) shares of Common Stock, to acquire 780,000 shares of the Company's common stock at an exercise price of $0.010 per share (the "Warrant Shares") to vest as follows: (i) 40,000 Warrant Shares shall vest monthly each of the first twelve months during the term of an Employment Agreement with Mr. Battikha or immediately if Mr. Battikha's employment is terminated without cause or for good reason or due to a change in control, sale of a majority of the common stock or substantially all of the assets of the Company or merger o
EXHIBIT 10.12 WARRANT AGREEMENT Mr. Arne Dunhem will, upon the completion of an application by Ariel Way, Inc to become a public company or of an acquisition or merger of Ariel Way, Inc. with a public corporate entity making the surviving company a...Warrant Agreement • April 15th, 2005 • Netfran Development Corp • Patent owners & lessors
Mr. Arne Dunhem will, upon the completion of an application by Ariel Way, Inc to become a public company or of an acquisition or merger of Ariel Way, Inc. with a public corporate entity making the surviving company a public company with the Ariel Way, Inc.'s shareholders controlling at least eighty five percent (85%) of the surviving company, be granted a warrant, assuming that the total number of outstanding public shares of the Company is twenty million (20,000,000) shares of Common Stock, to acquire 1,150,000 shares of the Company's common stock at an exercise price of $0.010 per share (the "Warrant Shares") to vest as follows: (i) 60,000 Warrant Shares shall vest monthly each of the first twelve months during the term of an Employment Agreement with Mr. Dunhem or immediately if Mr. Dunhem's employment is terminated without cause or for good reason or due to a change in control, sale of a majority of the common stock or substantially all of the assets of the Company or merger of the
