Common use of Exchange by the Shareholders Clause in Contracts

Exchange by the Shareholders. At the Closing (as defined in Section 1.02), the Shareholders shall sell, transfer, convey, assign and deliver to the Parent all of the Company Shares free and clear of all Liens in exchange for the Parent Shares.

Exchange by the Shareholders. At the Closing (as defined in Section 1.02), the Shareholders shall sell, transfer, convey, assign and deliver to the Parent all of the Company Shares free and clear of all Liens in exchange for the (i) an aggregate of Forty Four Million One Hundred Thousand (44,100,000) shares of Parent SharesCommon Stock and Parent Preferred Stock in such amounts and in such denominations as set forth on Exhibit B, attached hereto.

Exchange by the Shareholders. At the Closing (as defined in Section 1.02), the Shareholders shall sell, transfer, convey, assign and deliver to the Parent all of the issued and outstanding Company Shares free and clear of all Liens in exchange for an aggregate of shares of Parent Stock (the “Parent Shares”), as set forth on Exhibit A, attached hereto.

Exchange by the Shareholders. At the Closing (as defined in Section 1.02), the Shareholders shall sell, transfer, convey, assign and deliver to the Parent all of the Company Shares free and clear of all Liens in exchange for the an aggregate of Thirty Seven Million (37,000,000) shares of Parent SharesStock.

Exchange by the Shareholders. (a) At the Closing (as defined in Section 1.02), the Shareholders shall sell, transfer, convey, assign and deliver to the Parent all of the their Company Shares free and clear of all Liens (as defined below) in exchange for the Parent SharesStock listed on Exhibit A opposite such Shareholders’ names on the basis of 7.22053066550674 shares of Parent Stock for each Company Share.

Exchange by the Shareholders. At the Closing (as defined in Section 1.02), the Shareholders shall sell, transfer, convey, assign and deliver to the Parent all of the Company Shares free and clear of all Liens in exchange for the an aggregate of Ten Million (10,000,000) shares of Parent SharesStock.

Exchange by the Shareholders. (a) At the Closing (as defined in Section 1.02)Closing, the Shareholders each Shareholder shall sell, transfer, convey, assign and deliver to the Parent all of the its Company Shares free and clear of all Liens (as defined in Section 2.01) in exchange for Parent Shares, with each Common Share being exchanged for at least 6.67 Parent Shares (the “Exchange Ratio”), with the final Exchange Ratio to be agreed upon by the Company and the Parent Sharesat the time of Closing.

Exchange by the Shareholders. At the Closing (as defined in Section 1.02), it is the intent of the Company that the Shareholders shall sell, transfer, convey, assign and deliver to the Parent all of the Company Shares free and clear of all Liens in exchange for the an aggregate of 61,818,167 shares of Parent SharesStock.

Exchange by the Shareholders. At the Closing (as defined in Section 1.02), the Shareholders shall sell, transfer, convey, assign and deliver to the Parent all of the Company Shares free and clear of all Liens in exchange for the an aggregate of 1,750,001 shares of Parent SharesStock, as set forth on Exhibit B, attached hereto.

Exchange by the Shareholders. At the Closing (as defined in Section 1.02), the Shareholders shall sell, transfer, convey, assign and deliver to the Parent all of the their Company Shares free and clear of all Liens (as defined below) in exchange for the Parent SharesStock listed on Exhibit A opposite such Shareholders’ names.

Exchange by the Shareholders. At the Closing (as defined in Section 1.02), it is the intent of the Company that the Shareholders shall sell, transfer, convey, assign and deliver to the Parent all of the Company Shares free and clear of all Liens in exchange for the an aggregate of 120,000,000 shares of Parent SharesStock. Parent Stock shall be duly authorized, validly issued, fully paid and nonassessable.

Exchange by the Shareholders. At the Closing (as defined in Section 1.02), the Shareholders shall sell, transfer, convey, assign and deliver to the Parent all of the Company Shares free and clear of all Liens liens, security interests, pledges, equities and claims of any kind, voting trusts, shareholder agreements and other encumbrances (collectively, “Liens”) in exchange for an aggregate of 486,000 shares of Parent Stock, in the Parent Shares.amounts for each Shareholder set forth on Exhibit A.

Exchange by the Shareholders. At the Closing (as defined in Section 1.02), the Shareholders shall sell, transfer, convey, assign and deliver to the Parent all of the Company Shares free and clear of all Liens in exchange for issuance of the Parent SharesShares to the Shareholders on a pro rata basis, in the amounts and to the individual Shareholders, as set forth in Exhibit A hereto.

Exchange by the Shareholders. At the Closing (as defined in Section 1.02), the Shareholders shall sell, transfer, convey, assign and deliver to the Parent all of the Company Shares free and clear of all Liens in exchange for the an aggregate of Nineteen Million Six Hundred Two Thousand (19,602,000) shares of Parent SharesStock.

Exchange by the Shareholders. At the Closing (as defined in Section 1.02), the Shareholders shall sell, transfer, convey, assign and deliver to the Parent all of the Company Shares free and clear of all Liens in exchange for an aggregate of 55,564,742 shares of Parent Stock or the exchange of 1 Company Share for 4.29399 Parent Shares.

Exchange by the Shareholders. At the Closing (as defined in Section 1.02), the Shareholders shall sell, transfer, convey, assign and deliver to the Parent all of the Company Shares free and clear of all Liens in exchange for the an aggregate of 90,000,000 shares of Parent SharesStock.

Exchange by the Shareholders. At the Closing (as defined in Section 1.02), the Shareholders shall sell, transfer, convey, assign and deliver to the Parent all of the Company Shares free and clear of all Liens in exchange for the Parent Shares.. The Parent Shares shall be issued in accordance with Exhibit A. The features of the Parent Shares are contained in the Articles of Amendment for Certificate of Designation attached hereto as Exhibit B.