Agreement to Purchase and Sell Stock. Subject to the terms and conditions of this Agreement, the Company agrees to sell to each of the Investors at the Closing (as defined below), and each of the Investors agrees to purchase from the Company at the Closing, the number of shares of the Company's Common Stock set forth opposite such Investor's name on the Schedule of Investors (collectively, the "Shares") at a price of $39.00 per share.
Agreement to Purchase and Sell Stock. Subject to the terms and conditions hereof, the Company agrees to issue and sell to the Buyer, and the Buyer agrees to purchase from the Company, 7,500 shares of Series E-1 Preferred Stock (the "Shares") at a price of $100 per share (the "Investment") for an aggregate purchase price of $750,000 (the "Purchase Price"). The Purchase Price for the Shares shall be paid (in United States dollars) by wire transfer of funds to an account designated by the Company.
Agreement to Purchase and Sell Stock. Upon the basis of the warranties and representations and subject to the other terms and conditions set forth herein, the Company agrees to sell to the Investor at the Closing Time, and the Investor agrees to purchase from the Company at the Closing Time, shares of the Company’s common stock (the “Shares”), at a price per share of $ , which is equal to the public offering price in the Public Offering less the underwriting discount of 7.0% as set forth in Section 1(a) of the Underwriting Agreement.
Agreement to Purchase and Sell Stock. Subject to the terms and conditions of this Agreement, the Company agrees to sell to the Investor at the Closing (as defined below), and the Investor agrees to purchase from the Company at the Closing, 79,313 shares of the Company's Common Stock (collectively, the "Shares") at a price of $33.50 per share.
Agreement to Purchase and Sell Stock. Subject to the terms and conditions of this Agreement including, without limitation, the satisfaction (or waiver) of the conditions set forth in Sections 4.1, 4.2, 5.1 and 5.2 below, each Purchaser severally agrees to purchase from the Company at the Closing, and the Company agrees to issue and sell to each Purchaser at the Closing, the number of shares of Series A Stock and Series A-1 Stock set forth beside such Purchaser's name in the columns entitled "Series A Shares" and "Series A-1 Shares" on EXHIBIT A hereto, at a price per share equal to Ten Dollars ($10.00) (the "PURCHASE PRICE PER SHARE"). The shares of Series A Stock issued and sold to the Purchasers at the Closing are referred to herein as the "SERIES A CLOSING SHARES" and the shares of Series A-1 Stock issued and sold to the Purchasers at the Closing are referred to herein as the "SERIES A-1
Agreement to Purchase and Sell Stock. Subject to the terms and conditions hereof, on the date of the Closing, Purchaser agrees to purchase and the Company agrees to issue and sell to Purchaser 70,282,803 shares of Class A Common Stock and 29,717,197 shares of Class B Common Stock (collectively, the "SHARES"), in each case, subject to adjustment as set forth in Section 1.3 and Section 5.5 hereof, at a price of $6.00 per share for an aggregate purchase price of $600,000,000.00 (the "AGGREGATE PURCHASE PRICE").
Agreement to Purchase and Sell Stock. GM agrees to sell to Microsoft at the Closing (as defined below), and Microsoft agrees to purchase from GM at the Closing, 50,000 shares of Series A Convertible Preferred Stock at a price of $90.00 per share, for an aggregate purchase price of $4.5 million (the "PURCHASE PRICE"). The Series A Shares purchased and sold pursuant to this Agreement will be collectively hereinafter referred to as the "PREFERRED SHARES" and the shares of Common Stock issuable upon conversion of the Preferred Shares will be collectively hereinafter referred to as the "CONVERSION SHARES."
Agreement to Purchase and Sell Stock. Subject to the terms and conditions of this Agreement including, without limitation, the satisfaction (or waiver) of the conditions set forth in Sections 4.1 and 5.1 below, each Purchaser agrees to purchase from the Company at the Closing, and the Company agrees to issue and sell to each Purchaser at the Closing, the number of shares of Series B Stock set forth beside such Purchaser's name on EXHIBIT A hereto, at a price per share equal to Ten Dollars ($10.00), for an aggregate purchase price of $1,250,000 (the "PURCHASE PRICE"), based on an initial conversion price of $0.2066 per share. The shares of Series B Stock issued and sold to the Purchasers at the Closing are referred to herein as the "SERIES B SHARES." The shares of the Company's common stock, par value $0.01 per share ("COMMON STOCK") issuable upon conversion of the Series B Stock is referred to herein as the "CONVERSION STOCK." The Series B Shares and Conversion Stock are sometimes collectively referred to herein as the "SECURITIES."
Agreement to Purchase and Sell Stock. The Company agrees to sell ------------------------------------- to each Purchaser at the Closing, and each Purchaser agrees, severally and not jointly, to purchase from the Company at the Closing, the Purchased Shares at a purchase price per share as set forth beside such Purchaser's name on Exhibit A. ---------
Agreement to Purchase and Sell Stock. Subject to the terms and conditions set forth in this Agreement, the Company agrees to issue and sell to the Investors, and the Investors agree to purchase from the Company, up to 664,028 shares of Common Stock not subscribed for by other shareholders of the Company in the Rights Offering, including pursuant to any oversubscription privilege (the "AVAILABLE SHARES"), at a purchase price of $5.00 per share (the "PURCHASE Price"). Of the Available Shares, each Investor will purchase up to the maximum amount of its individual commitment to purchase Stand-By Shares set forth on EXHIBIT A hereto. The obligations of the Investors to purchase Stand-By Shares shall be several and not joint. If the number of Available Shares is less than the maximum number of Stand-By Shares, then each Investor shall purchase a number of Stand-By Shares calculated by multiplying the number of Available Shares by a fraction, the numerator of which shall be the maximum amount of such Investor's individual commitment as set forth on EXHIBIT A and the denominator of which is the maximum aggregate number of Stand-By Shares.
