There are provisions in both of the consulting agrements for termination by the company for cause, or by the consultant for any reason. HOWEVER, THERE ARE NO PROVISIONS FOR RECOURSE IF THE WARRANTS HAVE BEEN EXERCISED!
That is, if an agreement is terminated, the warrants are cancelled, as long as they have not been exercised. If they have been exercised, though, there is NO provision in the agreements for recourse.
This seems unusual, in that the warrants are immediately exercisable. So, in theory, they could be exercised, and then the consultants could immediately turn around and quit, keeping any profits from the sale of stock exchanged for warrants.
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