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S-8 Registration Requirements and Limits
Form S-8 is available for the issuance of securities to consultants or advisors only if:
(i) they are natural persons;
(ii) They provide bona fide services to the registrant; and
(iii) the services are not in connection with the offeror sale of securities in a capital-raising transaction, and do not directly or indirectly promote or maintain a market for the registrant’s securities.