Common use of Issuance and Sale of Restricted Units Clause in Contracts

Issuance and Sale of Restricted Units. At the Closing, subject to the terms and conditions hereof and in reliance upon the representations and warranties, covenants and agreements contained herein, the Company will issue and sell to the Purchaser, and the Purchaser will purchase from the Company, the Restricted Units for a purchase price per Restricted Unit equal to $0.01. The aggregate purchase price paid for all Restricted Units is hereinafter referred to as the “Cash Consideration”.

Appears in 7 contracts

Samples: Employment Agreement (Hughes Communications, Inc.), Employment Agreement (Hughes Communications, Inc.), Employment Agreement (Hughes Communications, Inc.)

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