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6.0. EDSR 02-10-1997
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6.0. EDSR 02-10-1997
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City Government
type
EDSR
date
2/10/1997
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• 2. CONSIDERATION <br /> 2.1. Issuance of Stock. In consideration for the services <br /> provided to the Company hereunder, the Company, at the time of execution of <br /> the Company lease attached as Exhibit A hereto, shall convey and issue to <br /> the EDA (Landlord), Larry Hickman (Building Owner), and Genesis Business <br /> Centers, Ltd. (EDA Business Incubator Consultant), a number of shares of <br /> the voting common stock of the Company ("Shares") as follows: <br /> A) For the service provided in Rent of Available Space: <br /> EDA (Landlord) Shares equal to <br /> dollars per square foot of <br /> space leased per year. <br /> Larry Hickman (Building Shares equal to <br /> Owner) dollars per square foot of <br /> space leased per year. <br /> Genesis Business Centers, Shares equal to <br /> Ltd. (EDA Business dollars per square foot of <br /> Incubator Consultant) space leased per year. <br /> B) For the service provided in construction of leasehold <br /> improvements: <br /> EDA (Landlord) Shares equal, in dollar <br /> value, to % of the total <br /> cost of leasehold <br /> improvements. <br /> All Shares issued to the EDA, Larry Hickman, and Genesis Business <br /> Centers, Ltd., pursuant to this Agreement shall be subject to any restrictions <br /> on transferability under state and federal securities laws, and shall be <br /> entitled to all rights and privileges to which other shares of voting common <br /> stock the Company are subject. <br /> 2.2. Adjustments Stock Issued. In the event that the <br /> shares of voting common stock of the Company are changed into or <br /> exchanged for a different number or kind of shares or other securities of the <br /> Company or of another corporation by reason of any reorganization, merger, <br /> consolidation, recapitalization, reclassification, stock, split, combination of <br /> shares of dividends payable in capital stock, the Company shall convey and <br /> issue to the EDA, Larry Hickman, and Genesis Business Centers, Ltd. <br /> additional shares of the voting common stock of the Company. <br /> • <br />
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