Common use of Delivery of the Shares at the Closing Clause in Contracts

Delivery of the Shares at the Closing. The closing of the purchase and sale of the Shares (the "Closing") shall occur no later than five business days after the date of this Agreement or at such other time and date and at a place to be agreed upon by PixTech and the Purchasers (the "Closing Date"). Subject to the terms and conditions of this Agreement, at the Closing, each Purchaser shall pay to PixTech an amount in cash or by wire transfer equal to the amount set forth opposite each such Purchaser's name on Schedule A hereto and PixTech shall deliver to each Purchaser one or more stock certificates registered in the name of such purchaser, or in such nominee name(s) as designated by such Purchaser, representing the number of Shares being purchased by such Purchaser. Subject to the terms hereof, PixTech and the Purchasers agree that at one or more subsequent closings of the transactions contemplated by this Agreement (each a "Subsequent Closing"), each of which shall be held at a time and date and at a place to be agreed upon, for the sale of additional shares of Common Stock on the same terms and conditions set forth above to one or more investors. PixTech may schedule Subsequent Closings at its discretion, with the final closing to take place no later than November 30, 1999. Investors who acquire shares of Common Stock at any Subsequent Closing shall be included as a "Purchaser" hereunder, execute a counterpart of this Agreement and, at each Subsequent Closing, Schedule A hereto shall be amended to reflect the Purchasers in such Subsequent Closing.

Delivery of the Shares at the Closing. The closing of the purchase and sale of the Shares (the "Closing") shall occur no later than five business days after the date of this Agreement or at such other time and date and at a place to be agreed upon by PixTech and the Purchasers (the "Closing Date"). Subject to the terms and conditions of this Agreement, at the Closing, each Purchaser shall pay to PixTech an amount in cash or by wire transfer equal to the amount set forth opposite each such Purchaser's name on Schedule A hereto ---------- and PixTech shall deliver to each Purchaser one or more stock certificates registered in the name of such purchaser, or in such nominee name(s) as designated by such Purchaser, representing the number of Shares being purchased by such Purchaser. Subject to the terms hereof, PixTech and the Purchasers agree that at one or more subsequent closings of the transactions contemplated by this Agreement (each a "Subsequent Closing"), each of which shall be held at a time ------------------- and date and at a place to be agreed upon, for the sale of additional shares of Common Stock on the same terms and conditions set forth above to one or more investors. PixTech may schedule Subsequent Closings at its discretion, with the final closing to take place no later than November 30, 1999. Investors who acquire shares of Common Stock at any Subsequent Closing shall be included as a "Purchaser" hereunder, execute a counterpart of this Agreement and, at each Subsequent Closing, Schedule A hereto shall be amended to reflect the Purchasers ---------- in such Subsequent Closing.

Delivery of the Shares at the Closing. (a) The closing completion of the purchase and sale of the Shares (the "Closing") ), shall occur no later than five business days after at the date offices of this Agreement Perkxxx Xxxe LLP, 1201 Xxxxx Xxxxxx, 00xx Xxxxx, Xxxxxxx, Xxxxxxxxxx 00000, xxunsel to the Company, at 5:00 p.m. PDT on August 25, 2000 or at such other time and date and at a place to as may be agreed upon by PixTech and the Purchasers parties. (b) At the Closing, the Company shall authorize its transfer agent (the "Closing DateTransfer Agent"). Subject ) to issue to the terms and conditions of this Agreement, at the Closing, each Purchaser shall pay to PixTech an amount in cash or by wire transfer equal to the amount set forth opposite each such Purchaser's name on Schedule A hereto and PixTech shall deliver to each Purchaser one or more stock certificates registered in the name of such purchaserthe Purchaser, or in such nominee name(s) as designated by such Purchaserthe Purchaser in writing, representing the number of Shares being purchased by such Purchaser. Subject set forth in Section 2 above and bearing an appropriate legend referring to the terms hereoffact that the Shares were sold in reliance upon the exemption from registration provided by Section 4(2) of the Securities Act of 1933, PixTech as amended (the "Securities Act"), and Rule 506 under the Purchasers agree that at Securities Act. The Company will deliver certificates representing the number of Shares set forth in Section 2 against delivery of payment for the Shares by the Purchaser via wire transfer to the account designated in Schedule B. (c) The Company's obligation to complete the purchase and sale of the Shares shall be subject to the following conditions, any one or more subsequent closings of which may be waived by the Company: (i) receipt by the Company of same-day funds in the full amount of the transactions contemplated purchase price for the Shares being purchased under this Agreement; and (ii) the accuracy in all material respects of the representations and warranties made by this Agreement (each a "Subsequent Closing"), each the Purchaser and the fulfillment in all material respects of which shall be held at a time and date and at a place those undertakings of the Purchaser to be agreed upon, for fulfilled on or before the sale of additional shares of Common Stock on the same terms and conditions set forth above to one or more investors. PixTech may schedule Subsequent Closings at its discretion, with the final closing to take place no later than November 30, 1999. Investors who acquire shares of Common Stock at any Subsequent Closing shall be included as a "Purchaser" hereunder, execute a counterpart of this Agreement and, at each Subsequent Closing, Schedule A hereto shall be amended to reflect the Purchasers in such Subsequent Closing.