Common use of Consideration for the License Clause in Contracts

Consideration for the License. In consideration for Licensor’s grant of the right and license to use the Licensed Marks as provided herein, Licensee shall issue to Licensor 0.6512 shares of common stock of Licensee (the “Licensee Shares”), such that, following the issuance of the Licensee Shares, Licensor shall own, free and clear of all liens, 0.6512 shares of common stock of Licensee, which represent all of the issued and outstanding shares of Licensee.

Consideration for the License. In consideration for Licensor’s grant of the right and license to use the Licensed Marks as provided herein, Licensee shall issue to Licensor 0.6512 [ ] shares of common stock of Licensee (the “Licensee Shares”), such that, following the issuance of the Licensee Shares, Licensor shall own, free and clear of all liens, 0.6512 [ ] shares of common stock of Licensee, which represent all of the issued and outstanding shares of Licensee.