In March of 2000, the Company entered into a one year consulting
agreement with Eagle Consulting Services, LLC ("Eagle
Consulting"). In consideration of the consulting services to be
provided, the Company, at the signing of the agreement,
granted Eagle Consulting 45,000 shares of the Company's common
stock. In addition, the Company will grant Eagle Consulting
30,000 shares of the Company's common stock every ninety days,
from the signing of the agreement plus a bonus of 15,000
shares per ninety day period, may be granted at the discretion of
the Company. The agreement terminates February 16, 2001.
CONOLOG CORP filed this 10KSB on 10/30/2000.
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