Common use of Executive Shares Clause in Contracts

Executive Shares. (a) Upon execution of this Agreement, Executive will purchase, and the Company will sell, 86,250 shares of Common Stock at a price of $1.00 per share, the fair market value of the Common Stock on the date hereof. The Company will deliver to Executive the certificates representing such Executive Shares, and Executive will deliver to the Company a cashier's or certified check or wire transfer of funds in the aggregate amount of $86,250.

Executive Shares. (a) Upon execution of this Agreement, Executive will purchase, and the Company will sell, 86,250 14,295 shares of Common Stock at a price of $1.00 per share, the fair market value of the Common Stock on the date hereof. The Company will deliver to Executive the certificates representing such Executive Shares, and Executive will deliver to the Company a cashier's or certified check or wire transfer of funds in the aggregate amount of $86,25014,295.00.

Executive Shares. (a) Upon execution of this Agreement, Executive will purchase, and the Company will sell, 86,250 15,000 shares of Common Stock at a price of $1.00 4.53 per share, the fair market value of the Common Stock on the date hereof. The Company will deliver to Executive the certificates representing such Executive Shares, and Executive will deliver to the Company a cashier's ’s or certified check or wire transfer of funds in the aggregate amount of $86,25067,950.00.

Executive Shares. (a) Upon execution of this Agreement, Executive will purchase, and the Company will sell, 86,250 2,200 shares of Common Stock at a price of $1.00 0.005 per share, the fair market value of the Common Stock on the date hereof. The Company will deliver to Executive the certificates representing such Executive Shares, and Executive will deliver to the Company cash or a cashier's or certified check or wire transfer of funds in the aggregate amount of $86,25011.00.

Executive Shares. (a) Upon execution of this Agreement, Executive will purchase, and the Company will sell, 86,250 3,575 shares of Common Stock at a price of $1.00 per share, the fair market value of the Common Stock on the date hereof. The Company will deliver to Executive the certificates representing such Executive Shares, and Executive will deliver to the Company a cashier's or certified check or wire transfer of funds in the aggregate amount of $86,2503,575.00.

Executive Shares. (a) Upon execution of this Agreement, Executive will purchase, and the Company will sell, 86,250 2,650 shares of Common Stock at a price of $1.00 0.005 per share, the fair market value of the Common Stock on the date hereof. The Company will deliver to Executive the certificates representing such Executive Shares, and Executive will deliver to the Company cash or a cashier's or certified check or wire transfer of funds in the aggregate amount of $86,25013.25.

Executive Shares. (a) Upon execution of this Agreement, Executive will purchase, and the Company will sell, 86,250 45,000 shares of Common Stock at a price of $1.00 per share, the fair market value of the Common Stock on the date hereof. The Company will deliver to Executive the certificates representing such Executive Shares, and Executive will deliver to the Company a cashier's or certified check or wire transfer of funds in the aggregate amount of $86,25045,000.

Executive Shares. (a) Upon execution of this Agreement, Executive will purchase, and the Company will sell, 86,250 10,948 shares of Common Stock at a price of $1.00 4.53 per share, the fair market value of the Common Stock on the date hereof. The Company will deliver to Executive the certificates representing such Executive Shares, and Executive will deliver to the Company a cashier's ’s or certified check or wire transfer of funds in the aggregate amount of $86,25049,594.44.

Executive Shares. (a) Upon execution of this Agreement, Executive will purchase, and the Company will sell, 86,250 1,200 shares of Common Stock at a price of $1.00 0.005 per share, the fair market value of the Common Stock on the date hereof. The Company will deliver to Executive the certificates representing such Executive Shares, and Executive will deliver to the Company cash or a cashier's or certified check or wire transfer of funds in the aggregate amount of $86,2506.00.