Consideration Clause Example with 5 Variations from Business Contracts

This page contains Consideration clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Consideration. In consideration of the performance of the Services as a Advisor of the Company's Advisory Council for a period of one year from the Effective Date of this Agreement, the Company agrees to issue 900,000 shares of its restricted common stock (the "Shares") to the Advisor. The shares will vest at a rate of 75, 000 per month during the term. In the event that this agreement is terminated for any reason prior to the Termination Date, the Advisor agrees to return to the Company for cancellation any p...ortion of the Shares that have not vested. The Shares will be issued upon the execution of this Agreement. View More
Found in SEAFARER EXPLORATION CORP contract

Variations of a "Consideration" Clause from Business Contracts

Consideration. In consideration of the performance of the Services as a Advisor of the Company's Advisory Council for a period of one year from the Effective Date of this Agreement, the Company agrees to issue 900,000 issue500.000 shares of its restricted common stock (the "Shares") to the Advisor. The shares will vest at a rate of 75, 000 41.666 per month during the term. In the event that this agreement is terminated for any reason prior to top the Termination Date, the Advisor agrees to return to the Compan...y for cancellation any portion of the Shares that have not vested. The Shares will be issued upon the execution of this Agreement. View More
Found in SEAFARER EXPLORATION CORP contract
Consideration. In consideration of the performance of the Services as a Advisor of the Company's Advisory Council for a period of one year from the Effective Date of this Agreement, the Company agrees to issue 900,000 shares of its restricted common stock (the "Shares") to the Advisor. The shares will vest at a rate of 75, 000 per month during the term. In the event that this agreement is terminated for any reason prior to the Termination Date, the Advisor agrees to return to the Company for cancellation any p...ortion of the Shares that have not vested. The Shares will be issued upon the execution of this Agreement. View More
Found in SEAFARER EXPLORATION CORP contract
Consideration. In consideration of the performance of the Services as a Advisor of the Company's Advisory Council for a period of one year from the Effective Date of this Agreement, the Company agrees to issue 900,000 360.000 shares of its restricted common stock (the "Shares") to the Advisor. The shares will vest at a rate of 75, 000 30,000 per month during the term. In the event that this agreement is terminated for any reason prior to top the Termination Date, the Advisor agrees to return to the Company for... cancellation any portion of the Shares that have not vested. The Shares will be issued upon the execution of this Agreement. View More
Found in SEAFARER EXPLORATION CORP contract
Consideration. In consideration of the performance of the Services as a Advisor of the Company's Advisory Council for a period of one year from the Effective Date of this Agreement, the Company agrees to issue 900,000 500.000 shares of its restricted common stock (the "Shares") to the Advisor. The shares will vest at a rate of 75, 000 41,667 per month during the term. In the event that this agreement is terminated for any reason prior to top the Termination Date, the Advisor agrees to return to the Company for... cancellation any portion of the Shares that have not vested. The Shares will be issued upon the execution of this Agreement. View More
Found in SEAFARER EXPLORATION CORP contract
Consideration. In consideration of the performance of the Services as a Advisor of the Company's Advisory Council for a period of one year from the Effective Date of this Agreement, the Company agrees to issue 900,000 issue309,000 shares of its restricted common stock (the "Shares") to the Advisor. The shares will vest at a rate of 75, 25. 000 per month during the term. In the event that this agreement is terminated for any reason prior to top the Termination Date, the Advisor agrees to return to the Company f...or cancellation any portion of the Shares that have not vested. The Shares will be issued upon the execution of this Agreement. View More
Found in SEAFARER EXPLORATION CORP contract