Exchange for Merged Assets. At the Exchange Closing and upon the terms and subject to the conditions of this Agreement, each of the Members agrees to exchange all of such Member's Units for the designated number of Parent Common Shares as set forth in schedule A, all of which are authorized and which will be issued by Parent. Such exchange will be executed based on 10,000 Parent Common Shares for each Member Unit of the Company.
Appears in 4 contracts
Samples: Exchange Agreement (Woodgate Energy Corp), Exchange Agreement (Woodgate Energy Corp), Exchange Agreement (Woodgate Energy Corp)
