Compensation for Consulting Services. The Company shall pay to Consultant and/or assigns as instructed by Consultant for the Minimum Consulting Services and the Financial Public Relations portion of the Consulting Services rendered hereunder, the sum of two-million-two-hundred thousand (2,200,000) shares of restricted common stock of the Company which shall be payable in the follow manner: One-million (1,000,000) shares will be due and payable to Consultant and/or assigns immediately upon signing of this Agreement, two-hundred thousand (200,000) shares will be due and payable to Consultant and/or assigns on March 31, 2002, and the remaining one-million (1,000,000) shares will be due and payable to Consultant and/or assigns in equal installments of one-hundred thousand (100,000) shares beginning on April 30, 2002 and ending on January 31, 2003. Said two-million two-hundred thousand (2,200,000) shares of restricted common stock of the Company shall be immediately delivered to and will be held in escrow by the Honorable ▇▇▇ ▇▇▇▇▇▇, Attorney at Law, ▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (“Escrow Agent”). Said amounts of common shares will be tendered to ▇▇▇ ▇▇▇▇▇▇ in separate certificates as instructed in Exhibit “A”, attached hereto, in the amounts and in the name(s) as described in Exhibit “A”, all of which will be dated as of the date of this Agreement. An Investment letter(s), attached hereto as Exhibit B, prepared by the Company and duly executed by an authorized representative will be attached to each certificate delivered to the Escrow Agent. ▇▇. ▇▇▇▇▇▇ shall deliver each certificate to Consultant on the dates and in the amounts stated in Exhibit “A”. The shares will be earned when delivered by Escrow Agent to Consultant and/or assigns. In addition, subject to paragraph 5 herein below, if Consultant provides Additional Consulting Services to the Company, it shall be compensated for such Additional Consulting Services at the rate of $1,200 for each such additional person/day. Consultant shall be required to keep records indicating service performed under Paragraph 2 and 3 hereinabove. Consultant shall submit monthly invoices to Company indicating nature and extent of said consulting services provided.
Appears in 1 contract
Sources: Consulting Agreement (Cytogenix Inc)
Compensation for Consulting Services. The Company shall pay to Consultant and/or assigns as instructed by Consultant for the Minimum Consulting Services and the Financial Public Relations portion of the Consulting Services said services rendered hereunder, the sum of twoOne Million (1,000,000) shares of 144 restricted common stock of the Company which shall be due and payable in the follow manner: 83,337 thousand shares will be due and payable immediately upon signing of this Agreement, and the remaining Nine Hundred Sixteen Thousand Six Hundred Six Hundred Sixty-millionthree (916,663) shares will be due and payable in eleven (11) equal installments of 83,333 shares beginning on September 31, 2007 and ending on July 31, 2008. Said installments will be issued on the last day of each month by the Company’s agent, Nevada Agency and Trust Company (NATCO), and mailed directly to Consultant at the address listed herein below. Such arrangement will be subject to a standing order submitted by the Company to NATCO, a copy of which is attached hereto as Exhibit A. Consultant shall send the Company monthly invoices describing services provided, due at the time each certificate is scheduled to be issued, no later than the last day of each month. If the parties mutually agree to the Extended Consulting Period, the Company shall pay to Consultant for said services rendered during the Extended Consulting Period, the sum of Three Hundred Thirty-two-hundred thousand Three Thousand Three Hundred and Thirty (2,200,000333,330) shares of restricted common stock of the Company which shall be payable in the follow manner: One-million (1,000,000) shares will be due and payable to Consultant and/or assigns immediately upon signing of this Agreement, two-hundred thousand in six (200,0006) shares will be due and payable to Consultant and/or assigns on March 31, 2002, and the remaining one-million (1,000,000) shares will be due and payable to Consultant and/or assigns in equal installments of one-hundred thousand (100,000) 55,555 shares beginning on April 30Cytogenix, 2002 and ending on January 31, 2003. Said two-million two-hundred thousand (2,200,000) shares of restricted common stock of the Company shall be immediately delivered to and will be held in escrow by the Honorable Inc. ________ ▇▇▇▇▇▇ ▇▇▇▇▇▇, Attorney at LawInc. ________ beginning on August 31, ▇▇▇▇ ▇▇▇▇▇▇▇▇2008 and ending on January 31, ▇▇▇▇▇ ▇▇▇2009. In a similar manner as above, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (“Escrow Agent”). Said amounts of common shares said installments will be tendered to ▇▇▇ ▇▇▇▇▇▇ in separate certificates as instructed in Exhibit “A”issued on the last day of each month by the Company’s agent, attached hereto, in the amounts Nevada Agency and in the name(s) as described in Exhibit “A”, all of which will be dated as of the date of this Agreement. An Investment letter(sTrust Company (NATCO), attached hereto as Exhibit Band mailed directly to Consultant at the address listed herein below, prepared subject to a new standing order submitted by the Company and duly executed by an authorized representative will to NATCO, a copy of which shall be attached to each certificate delivered to the Escrow Agent. ▇▇. ▇▇▇▇▇▇ shall deliver each certificate to Consultant on the dates and in the amounts stated in Exhibit “A”. The shares will be earned when delivered by Escrow Agent to Consultant and/or assigns. In addition, subject to paragraph 5 herein below, if Consultant provides Additional Consulting Services to the Company, it shall be compensated for such Additional Consulting Services at the rate time of $1,200 for each such additional person/day. Consultant shall be required to keep records indicating service performed under Paragraph 2 and 3 hereinabove. Consultant shall submit monthly invoices to Company indicating nature and extent of said consulting services providedextension.
Appears in 1 contract
Sources: Consulting Agreement (Cytogenix Inc)
Compensation for Consulting Services. The Company shall pay to Consultant and/or assigns as instructed by Consultant for the Minimum Consulting Services and the Financial Public Relations portion of the Consulting Services said services rendered hereunder, the sum of twoOne Million (1,000,000) shares of 144 restricted common stock of the Company which shall be due and payable in the follow manner: 83,337 thousand shares will be due and payable immediately upon signing of this Agreement, and the remaining Nine Hundred Sixteen Thousand Six Hundred Six Hundred Sixty-millionthree (916,663) shares will be due and payable in eleven (11) equal installments of 83,333 shares beginning on September 31, 2007 and ending on July 31, 2008. Said installments will be issued on the last day of each month by the Company’s agent, Nevada Agency and Trust Company (NATCO), and mailed directly to Consultant at the address listed herein below. Such arrangement will be subject to a standing order submitted by the Company to NATCO, a copy of which is attached hereto as Exhibit A. Consultant shall send the Company monthly invoices describing services provided, due at the time each certificate is scheduled to be issued, no later than the last day of each month. If the parties mutually agree to the Extended Consulting Period, the Company shall pay to Consultant for said services rendered during the Extended Consulting Period, the sum of Three Hundred Thirty-two-hundred thousand Three Thousand Three Hundred and Thirty (2,200,000333,330) shares of restricted common stock of the Company which shall be payable in the follow manner: One-million (1,000,000) shares will be due and payable to Consultant and/or assigns immediately upon signing of this Agreement, two-hundred thousand in six (200,0006) shares will be due and payable to Consultant and/or assigns on March 31, 2002, and the remaining one-million (1,000,000) shares will be due and payable to Consultant and/or assigns in equal installments of one-hundred thousand (100,000) 55,555 shares Page 1 of 6 Cytogenix, Inc. ________ TMS Investments, Inc. ________ beginning on April 30August 31, 2002 2008 and ending on January 31, 20032009. Said two-million two-hundred thousand (2,200,000) shares of restricted common stock of the Company shall be immediately delivered to and In a similar manner as above, said installments will be held in escrow issued on the last day of each month by the Honorable ▇▇▇ ▇▇▇▇▇▇Company’s agent, Attorney at Law, ▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Nevada Agency and Trust Company (“Escrow Agent”). Said amounts of common shares will be tendered to ▇▇▇ ▇▇▇▇▇▇ in separate certificates as instructed in Exhibit “A”, attached hereto, in the amounts and in the name(s) as described in Exhibit “A”, all of which will be dated as of the date of this Agreement. An Investment letter(sNATCO), attached hereto as Exhibit Band mailed directly to Consultant at the address listed herein below, prepared subject to a new standing order submitted by the Company and duly executed by an authorized representative will to NATCO, a copy of which shall be attached to each certificate delivered to the Escrow Agent. ▇▇. ▇▇▇▇▇▇ shall deliver each certificate to Consultant on the dates and in the amounts stated in Exhibit “A”. The shares will be earned when delivered by Escrow Agent to Consultant and/or assigns. In addition, subject to paragraph 5 herein below, if Consultant provides Additional Consulting Services to the Company, it shall be compensated for such Additional Consulting Services at the rate time of $1,200 for each such additional person/day. Consultant shall be required to keep records indicating service performed under Paragraph 2 and 3 hereinabove. Consultant shall submit monthly invoices to Company indicating nature and extent of said consulting services providedextension.
Appears in 1 contract
Sources: Consulting Agreement (Cytogenix Inc)
Compensation for Consulting Services. The Company shall pay to Consultant and/or assigns as instructed by Consultant for the Minimum Consulting Services and the Financial Public Relations portion of the Consulting Services said services rendered hereunder, the sum of twoOne Million (1,000,000) shares of 144 restricted common stock of the Company which shall be due and payable in the follow manner: 83,337 thousand shares will be due and payable immediately upon signing of this Agreement, and the remaining Nine Hundred Sixteen Thousand Six Hundred Six Hundred Sixty-millionthree (916,663) shares will be due and payable in eleven (11) equal installments of 83,333 shares beginning on September 31, 2007 and ending on July 31, 2008. Said installments will be issued on the last day of each month by the Company’s agent, Nevada Agency and Trust Company (NATCO), and mailed directly to Consultant at the address listed herein below. Such arrangement will be subject to a standing order submitted by the Company to NATCO, a copy of which is attached hereto as Exhibit A. Consultant shall send the Company monthly invoices describing services provided, due at the time each certificate is scheduled to be issued, no later than the last day of each month. If the parties mutually agree to the Extended Consulting Period, the Company shall pay to Consultant for said services rendered during the Extended Consulting Period, the sum of Three Hundred Thirty-two-hundred thousand Three Thousand Three Hundred and Thirty (2,200,000333,330) shares of restricted common stock of the Company which shall be payable in the follow manner: One-million (1,000,000) shares will be due and payable to Consultant and/or assigns immediately upon signing of this Agreement, two-hundred thousand in six (200,0006) shares will be due and payable to Consultant and/or assigns on March 31, 2002, and the remaining one-million (1,000,000) shares will be due and payable to Consultant and/or assigns in equal installments of one-hundred thousand (100,000) 55,555 shares Cytogenix, Inc. ________ Chasseur Corporation ________ beginning on April 30August 31, 2002 2008 and ending on January 31, 20032009. Said two-million two-hundred thousand (2,200,000) shares of restricted common stock of the Company shall be immediately delivered to and In a similar manner as above, said installments will be held in escrow issued on the last day of each month by the Honorable ▇▇▇ ▇▇▇▇▇▇Company’s agent, Attorney at Law, ▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Nevada Agency and Trust Company (“Escrow Agent”). Said amounts of common shares will be tendered to ▇▇▇ ▇▇▇▇▇▇ in separate certificates as instructed in Exhibit “A”, attached hereto, in the amounts and in the name(s) as described in Exhibit “A”, all of which will be dated as of the date of this Agreement. An Investment letter(sNATCO), attached hereto as Exhibit Band mailed directly to Consultant at the address listed herein below, prepared subject to a new standing order submitted by the Company and duly executed by an authorized representative will to NATCO, a copy of which shall be attached to each certificate delivered to the Escrow Agent. ▇▇. ▇▇▇▇▇▇ shall deliver each certificate to Consultant on the dates and in the amounts stated in Exhibit “A”. The shares will be earned when delivered by Escrow Agent to Consultant and/or assigns. In addition, subject to paragraph 5 herein below, if Consultant provides Additional Consulting Services to the Company, it shall be compensated for such Additional Consulting Services at the rate time of $1,200 for each such additional person/day. Consultant shall be required to keep records indicating service performed under Paragraph 2 and 3 hereinabove. Consultant shall submit monthly invoices to Company indicating nature and extent of said consulting services providedextension.
Appears in 1 contract
Sources: Consulting Agreement (Cytogenix Inc)