Document ID: 11112

Text:
b. Stock Compensation. Employee acknowledges he has received 500,000 Series M Preferred shares that are fully vested and considered compensation in full for service prior to the execution of this agreement .Employee acknowledges that any Series M Shares issued prior to or pursuant to this Agreement will not be registered pursuant to the Securities Act of 1933 , shall constitute restricted securities as that term is defined in Rule 144 promulgated under the Securities Act of 1933 and shall contain the following restrictive legend:

Named Entities:
10
12
Shares
58
61
Act
73
74
Regulation

Tokenized Text:
b
.
Stock
Compensation
.
Employee
acknowledges
he
has
received
500
,
000
Series
M
Preferred
shares
that
are
fully
vested
and
considered
compensation
in
full
for
service
prior
to
the
execution
of
this
agreement
.
Employee
acknowledges
that
any
Series
M
Shares
issued
prior
to
or
pursuant
to
this
Agreement
will
not
be
registered
pursuant
to
the
Securities
Act
of
1933
,
shall
constitute
restricted
securities
as
that
term
is
defined
in
Rule
144
promulgated
under
the
Securities
Act
of
1933
and
shall
contain
the
following
restrictive
legend
: