Additional Stock. Once the "BVM Bag" technology is completed and the products associated with this technology are ready for market, Company will convey to Developer one hundred and fifty thousand shares of restricted stock in the Company. Developer's rights to such shares shall automatically vest upon any change of ownership covered by Paragraph 3.05 [original agreement].
Appears in 3 contracts
Sources: Contract for Assignment of Rights (Emergency Filtration Products Inc/ Nv), Contract for Assignment of Rights (Emergency Filtration Products Inc/ Nv), Contract for Assignment of Rights (Emergency Filtration Products Inc/ Nv)