Common use of CONVERSION SCHEDULE Clause in Contracts

CONVERSION SCHEDULE. The Shares shall, subject to the terms and conditions set forth in this Agreement, and subject to forfeiture as set forth herein, be convertible into Common Shares upon the attainment of certain business development and/or revenue attainment milestones by Employee, in accordance with the conversion schedule set forth on Schedule 1.

Appears in 3 contracts

Sources: Stock Bonus Agreement (Accesspoint Corp /Nv/), Stock Bonus Agreement (Accesspoint Corp /Nv/), Stock Bonus Agreement (Accesspoint Corp /Nv/)

CONVERSION SCHEDULE. The Shares shall, subject to the terms and conditions set forth in this Agreement, and subject to forfeiture as set forth herein, be convertible into Common Shares upon the attainment of certain business development and/or earnings and revenue attainment milestones by Employeethe Company, as defined at Article 1, in accordance with the conversion schedule set forth on Schedule 1.

Appears in 1 contract

Sources: Stock Bonus Agreement (Accesspoint Corp /Nv/)