Assignment of Shares. Seller hereby assigns 15,000 Shares to the Buyer. The Buyer has paid to the Seller Sixty-Five Dollars ($65.00) (the “Purchase Price”), in consideration of the assignment of the Shares. Notwithstanding the foregoing, in the event that the Company determines for any reason not to nominate, elect or appoint the Buyer as a member of the board of directors of the Company, or if the Buyer otherwise does not become a member of the board of directors of the Company for any reason, on or prior to the closing of the underwritten public offering of the Company’s securities (the “Public Offering”), the Buyer shall automatically forfeit all of the Shares held by the Buyer, which shall automatically be assigned and returned to the Seller, and the Seller shall promptly return the Purchase Price to the Buyer.
Assignment of Shares. Seller hereby assigns 104,168 Shares to the Buyer, of which 13,587 Shares shall be subject to forfeiture by the Buyer to the extent the underwriters’ over-allotment option (as described in the Company’s registration statement on Form S-1, as amended (File Number 333-173930) (the “Registration Statement”), under the Securities Act of 1933, as amended (the “Act”), relating to an underwritten public offering by the Company (the “Offering”)) is not exercised in full. In addition, a portion of the Shares held by each Buyer, in an amount equal to 25% of the Shares (the “Buyer Earnout Shares”), shall be subject to forfeiture by each Buyer as follows: (i) 50% of the Buyer Earnout Shares are subject to forfeiture in the event that the last sales price of the Company’s stock does not equal or exceed $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period within 24 months following the closing of the Company’s initial business combination (as described in the Registration Statement) and (ii) 50% of the Buyer Earnout Shares are subject to forfeiture in the event that the last sales price of the Company’s stock does not equal or exceed $13.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period within 36 months following the closing of the Company’s initial business combination (as described in the Registration Statement). The Buyers have paid to the Seller an aggregate amount of $0.011594 per Share, or $1,207.74 in the aggregate for all Shares (the “Purchase Price”), in consideration of the assignment of the Shares.
Assignment of Shares. All or any portion of Shares purchased pursuant to this Agreement may be sold, assigned or pledged by Purchaser, subject to compliance with applicable securities laws and the restrictions on transfer set forth in the Investor's Rights Agreement. The Conversion Shares may be sold, assigned or pledged by Purchaser, subject to compliance with applicable securities laws and the Investor's Rights Agreement.
Assignment of Shares. The Sponsor hereby assigns and surrenders to the Company for cancellation 2,671,875 shares of Common Stock. After giving effect to the cancellation of such shares of Common Stock, the Sponsor acknowledges that it holds 6,828,125 shares of Common Stock. Mxxxxx hereby assigns and surrenders to the Company for cancellation 140,625 shares of Common Stock. After giving effect to the cancellation of such shares of Common Stock, Mxxxxx acknowledges that he holds 359,375 shares of Common Stock.
Assignment of Shares. The Seller hereby transfers and assigns 7,187,500 Shares to the Buyer. The Buyer has paid to the Seller an aggregate amount of $25,000.00 (the “Purchase Price”) in consideration for the assignment of the Shares, or $0.003 per Share.
Assignment of Shares. Seller hereby assigns 28,750 Shares to each of the Buyers. Each Buyer has paid to the Seller an aggregate amount of One Hundred Dollars ($100.00), for an aggregate purchase price of Two Hundred Dollars ($200.00) (the “Purchase Price”), in consideration of the assignment of the Shares. Notwithstanding the foregoing, in the event that the Company determines for any reason not to nominate, elect or appoint any Buyer as a member of the board of directors of the Company, or if any Buyer otherwise does not become a member of the board of directors of the Company for any reason, on or prior to the closing of the Public Offering (as defined below), such Buyer shall automatically forfeit all of the Shares held by such Buyer, which shall automatically be assigned and returned to the Seller, and the Seller shall promptly return the applicable portion of the Purchase Price to such Buyer.
Assignment of Shares. Seller hereby assigns 20,000 Class B Shares to each of the Buyers (collectively, the “Shares”) for a total of 60,000 Class B Shares. Each Buyer has paid to the Seller an aggregate amount of One Hundred Ninety Eight Dollars ($198), for an aggregate purchase price of Five Hundred Ninety Four Dollars ($594) (the “Purchase Price”), in consideration of the assignment of the Shares.
Assignment of Shares. Seller hereby assigns the Shares to the Buyer, of which an aggregate of Shares shall be subject to forfeiture by the Buyer to the extent the underwriters’ over-allotment option (as described in the Company’s registration statement on Form S-1, as amended (the “Registration Statement”), under the Securities Act of 1933, as amended (the “Act”), relating to an underwritten public offering by the Company (the “Public Offering”)) is not exercised in full. The Buyer has paid to the Seller an aggregate amount of Dollars ($ ) (the “Purchase Price”), in consideration of the assignment of the Shares. Notwithstanding the foregoing, in the event that the Company determines for any reason not to nominate, elect or appoint the Buyer as a member of the board of directors of the Company, or if the Buyer otherwise does not become a member of the board of directors of the Company for any reason, on or prior to the closing of the Public Offering, the Buyer shall automatically forfeit all of the Shares held by the Buyer, which shall automatically be assigned and returned to the Seller, and the Seller shall promptly return the Purchase Price to the Buyer.
Assignment of Shares. Seller hereby assigns 11,700 Shares to each Buyer, of which 1,607 Shares shall be subject to forfeiture by each such Buyer to the extent the underwriters’ over-allotment option (as described in the Company’s registration statement on Form S-1, as amended (File Number 333-168798) (the “Registration Statement”), under the Securities Act of 1933, as amended (the “Act”), relating to an underwritten public offering by the Company (the “Offering”)) is not exercised in full. In addition, a portion of the Shares held by each Buyer, in an amount equal to 0.0125% of the Company’s issued and outstanding shares immediately after the Offering (the “Buyer Earnout Shares”), shall be subject to forfeiture by each Buyer in the event that the last sales price of the Company’s stock does not equal or exceed $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period within 24 months following the closing of the Company’s initial business combination (as described in the Registration Statement). The Buyers have each paid to the Seller an aggregate amount of $118.70 (the “Purchase Price”), in consideration of the assignment of the Shares.
Assignment of Shares. The beneficial interest in any Shares -------------------- may be transferred by a separate instrument of assignment, which shall refer to the provisions of this Agreement. Upon delivery of a copy of such assignment to the Trustees, the assignee shall be deemed the beneficial owner of such Shares for all purposes of this Agreement.
