Common use of Stock and Stock Options Clause in Contracts

Stock and Stock Options. Company acknowledges that Director is an owner of Common Stock, and that the rights attributable to these securities (the "Securities") shall not be affected by the execution of this Agreement. In addition, in consideration of the services to be rendered under this Agreement, Company agrees to grant Director the following shares and stock options subject to the approval of the Board of Directors (the "Options"):

Appears in 3 contracts

Samples: Consultant Agreement for Service (Tornado Gold International Corp), Employee Agreement for Service (Tornado Gold International Corp), Consultant Agreement for Service On (Tornado Gold International Corp)

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Stock and Stock Options. Company acknowledges that Director is an owner of Common StockStock and may hold options to purchase stock in Company, and that the rights attributable to these securities (the "Securities") shall not be affected by the execution of this Agreement. In addition, in consideration of the services to be rendered under this Agreement, Company agrees to grant Director the following shares and stock options subject to the approval of the Board of Directors (the "Options"):.

Appears in 2 contracts

Samples: Board Member Agreement (Pokertek, Inc.), Board Member Agreement (Pokertek, Inc.)

Stock and Stock Options. Company acknowledges that Director is an owner of both Common Stockand Preferred Stock and holds an option to purchase stock in Company, and that the rights attributable to these securities (the "Securities") shall not be affected by the execution of this Agreement. In addition, in consideration of the services to be rendered under this Agreement, Company agrees to grant Director the following grant of 100,000 shares and stock options subject to the approval of the Board of Directors (the "Options"):Company's Common Stock.

Appears in 2 contracts

Samples: Agreement Board of Directors (Atomic Paintball Inc), Agreement Board of Directors (Atomic Paintball Inc)

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Stock and Stock Options. i. Company acknowledges that Director is an owner of Common StockStock and may hold options to purchase stock in Company, and that the rights attributable to these securities (the "Securities") shall not be affected by the execution of this Agreement. In addition, in consideration of the services to be rendered under this Agreement, Company agrees to grant Director the following shares and stock options subject to the approval of the Board of Directors (the "Options"):.

Appears in 2 contracts

Samples: Board Member Agreement (Pokertek, Inc.), Pokertek, Inc.

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