ACTIONS TO BE TAKEN BY THE SELLERS AT THE CLOSING. The Sellers shall take the following actions at the Closing: (a) Each of the Sellers shall execute and deliver a Shareholder Agreement. (b) The Sellers shall endorse and deliver pursuant to Section 2.2 share certificates Nos. 1 through 3 conveying all the Company Common Stock to Buyer. (c) Execution of cancellation of debt owed by the Company in the form of notes payable to Michael C. Callihan
Appears in 2 contracts
Samples: Merger Agreement (Clearworks Net Inc), Merger Agreement (Clearworks Net Inc)
ACTIONS TO BE TAKEN BY THE SELLERS AT THE CLOSING. The Sellers shall take the following actions at the Closing:
(a) Each of the Sellers shall execute and deliver a Shareholder Agreement.
(b) The Sellers shall endorse and deliver pursuant to Section 2.2 share interest certificates Nos. 1 through 3 conveying all of the interest in the Company Common Stock to Buyer.
(c) Execution of cancellation of debt owed by the Company in the form of notes payable to Michael C. Callihan
Appears in 2 contracts
Samples: Merger Agreement (Billserv Com Inc), Merger Agreement (Clearworks Net Inc)
