Buyer’s Option. Notwithstanding anything to the contrary contained herein, Buyer may elect, at its sole discretion, to have the Second Payment and/or the Third Payment paid in the form of the Buyer Shares, by delivering a written notice about Buyer’s exercise of this option (the “Option Exercise Notice”), to Sellers simultaneously with the delivery of the Final 2021 Statement, or the Final 2022 Statement, as the case may be. The number of the Buyer Shares to be issued as payments under this Section 2.6(d) shall be the result of the amount of the Second Payment or the Third Payment, as the case may be, divided by the Subsequent VWAP Price. “
Appears in 2 contracts
Samples: Stock Purchase Agreement (BOQI International Medical, Inc.), Stock Purchase Agreement (BOQI International Medical, Inc.)
Buyer’s Option. Notwithstanding anything to the contrary contained herein, Buyer may elect, at its sole discretion, to have the Second Payment and/or the Third Payment paid in the form of the Buyer Shares, by delivering a written notice about Buyer’s exercise of this option (the “Option Exercise Notice”), to Sellers Seller simultaneously with the delivery of the Final 2021 Statement, or the Final 2022 Statement, as the case may be. The number of the Buyer Shares to be issued as payments under this Section 2.6(d) shall be the result of the amount of the Second Payment or the Third Payment, as the case may be, divided by the Subsequent VWAP Price. “
Appears in 1 contract
Samples: Stock Purchase Agreement (BOQI International Medical, Inc.)
Buyer’s Option. Notwithstanding anything to the contrary contained herein, Buyer may elect, at its sole discretion, to have the Second Payment and/or the Third Payment paid in the form of the Buyer Parent Shares, by delivering a written notice about Buyer’s exercise of this option (the “Option Exercise Notice”), to Sellers Seller simultaneously with the delivery of the Final 2021 Statement0000 Xxxxxxx Xxxxxxxxx, or the Final 2022 2021 Revenue Statement, as the case may be. The number of the Buyer Parent Shares to be issued as payments under this Section 2.6(d) shall be the result of the amount of the Second Payment or the Third Payment, as the case may be, divided by the Subsequent VWAP Price. “
Appears in 1 contract
Samples: Stock Purchase Agreement (BOQI International Medical, Inc.)
