Shares never issued????????? huh? What??

Section 4 - Compensation of the Employee - The Employer shall compensate Employee for Employee’s services rendered under this Agreement, as follows:
a. A base salary of two hundred thousand dollars (US$200,000.00) per year, payable in arrears, provided the Company has successfully completed its intended three million dollar (US$3,000,000.00) capital raise (no salary shall be paid or accrued until the aforementioned capital raise of $3,000,000.00 is completed); and b. Immediate issuance to Employee of one hundred fifty million (150,000,000) restricted shares of Company common stock; and (b ) Shares never issued