Common use of Issuance; Certain Definitions Clause in Contracts

Issuance; Certain Definitions. For good and valuable consideration, the receipt of which is hereby acknowledged by FOCUS ENHANCEMENTS, INC., a Delaware corporation (the “Company”), Crestline Consultancy Ltd, or registered assigns (the “Holder”) is hereby granted the right to purchase at any time until 5:00 P.M., New York City time, on December 6, 2009 (the “Expiration Date”), 60,000 (sixty thousand) fully paid and non-assessable shares of the Company’s Common Stock, $0.01 par value per share (the “Common Stock”), at an initial exercise price (the “Exercise Price”) of $1.00 (one dollar) per share, subject to further adjustment as set forth herein. These shares are exercisable immediately

Appears in 2 contracts

Samples: Focus Enhancements Inc, Focus Enhancements Inc

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Issuance; Certain Definitions. For good and valuable consideration, the receipt of which is hereby acknowledged by FOCUS ENHANCEMENTS, INC., a Delaware corporation (the “Company”), Crestline Consultancy LtdFutureWorks, or registered assigns (the “Holder”) is hereby granted the right to purchase at any time until 5:00 P.M., New York City time, on December 6March 1, 2009 2011 (the “Expiration Date”), 60,000 (sixty thousand) fully paid and non-assessable shares of the Company’s Common Stock, $0.01 par value per share (the “Common Stock”), at an initial exercise price (the “Exercise Price”) of $1.00 0.05 (one dollarfive cents) per share, subject to further adjustment as set forth herein. These shares are exercisable immediatelySuch Warrant shall vest in accordance with Appendix A.

Appears in 1 contract

Samples: Focus Enhancements Inc

Issuance; Certain Definitions. For good and valuable consideration, the receipt of which is hereby acknowledged by FOCUS ENHANCEMENTS, INC., a Delaware corporation (the “Company”), Crestline Consultancy LtdXxxx X. Xxxx, or registered assigns (the “Holder”) is hereby granted the right to purchase at any time until 5:00 P.M., New York City time, on December 6March 19, 2009 2012 (the “Expiration Date”), 60,000 48,148 (sixty thousandforty-eight thousand one hundred forty eight) fully paid and non-assessable shares of the Company’s Common Stock, $0.01 par value per share (the “Common Stock”), at an initial exercise price (the “Exercise Price”) of $1.00 1.35 (one dollardollar and thirty-five cents) per share, subject to further adjustment as set forth herein. These shares are exercisable immediately

Appears in 1 contract

Samples: Focus Enhancements Inc

Issuance; Certain Definitions. For good and valuable consideration, the receipt of which is hereby acknowledged by FOCUS ENHANCEMENTS, INC., a Delaware corporation (the “Company”), Crestline Consultancy LtdXxxxx X. Xxxxxxx, or registered assigns (the “Holder”) is hereby granted the right to purchase at any time until 5:00 P.M., New York City time, on December 6March 1, 2009 2011 (the “Expiration Date”), 60,000 37,500 (sixty thousandthirty-seven thousand five hundred) fully paid and non-assessable shares of the Company’s Common Stock, $0.01 par value per share (the “Common Stock”), at an initial exercise price (the “Exercise Price”) of $1.00 0.50 (one dollarfifty cents) per share, subject to further adjustment as set forth herein. These shares are exercisable immediatelySuch Warrant shall vest in accordance with Appendix A.

Appears in 1 contract

Samples: Focus Enhancements Inc

Issuance; Certain Definitions. For good and valuable consideration, the receipt of which is hereby acknowledged by FOCUS ENHANCEMENTS, INC., a Delaware corporation (the “Company”), Crestline Consultancy LtdR. Xxxxx Xxxxxx, or registered assigns (the “Holder”) is hereby granted the right to purchase at any time until 5:00 P.M., New York City time, on December 6June 20, 2009 2013 (the “Expiration Date”), 60,000 37,500 (sixty thousandthirty-seven thousand five hundred) fully paid and non-assessable shares of the Company’s Common Stock, $0.01 par value per share (the “Common Stock”), at an initial exercise price (the “Exercise Price”) of $1.00 0.50 (one dollarfifty cents) per share, subject to further adjustment as set forth herein. These shares are exercisable immediately.

Appears in 1 contract

Samples: Focus Enhancements Inc

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Issuance; Certain Definitions. For good and valuable consideration, the receipt of which is hereby acknowledged by FOCUS ENHANCEMENTS, INC., a Delaware corporation (the “Company”), Crestline Consultancy LtdXxxx X. Xxxx, or registered assigns (the “Holder”) is hereby granted the right to purchase at any time until 5:00 P.M., New York City time, on December 6March 4, 2009 2013 (the “Expiration Date”), 60,000 200,000 (sixty two-hundred thousand) fully paid and non-assessable shares of the Company’s Common Stock, $0.01 par value per share (the “Common Stock”), at an initial exercise price (the “Exercise Price”) of $1.00 0.40 (one dollarforty cents) per share, subject to further adjustment as set forth herein. These shares are exercisable immediately.

Appears in 1 contract

Samples: Focus Enhancements Inc

Issuance; Certain Definitions. For good and valuable consideration, the receipt of which is hereby acknowledged by FOCUS ENHANCEMENTS, INC., a Delaware corporation (the “Company”), Crestline Consultancy LtdMarketing By Design, or registered assigns (the “Holder”) is hereby granted the right to purchase at any time until 5:00 P.M., New York City time, on December 6March 1, 2009 2011 (the “Expiration Date”), 60,000 33,750 (sixty thousandthirty-three thousand seven hundred and fifty) fully paid and non-assessable shares of the Company’s Common Stock, $0.01 par value per share (the “Common Stock”), at an initial exercise price (the “Exercise Price”) of $1.00 0.05 (one dollarfive cents) per share, subject to further adjustment as set forth herein. These shares are exercisable immediatelySuch Warrant shall vest in accordance with Appendix A.

Appears in 1 contract

Samples: Focus Enhancements Inc

Issuance; Certain Definitions. For good and valuable consideration, the receipt of which is hereby acknowledged by FOCUS ENHANCEMENTS, INC., a Delaware corporation (the “Company”), Crestline Consultancy LtdMarketing By Design, or registered assigns (the “Holder”) is hereby granted the right to purchase at any time until 5:00 P.M., New York City time, on December 6April 7, 2009 (the “Expiration Date”), 60,000 30,000 (sixty thirty thousand) fully paid and non-assessable shares of the Company’s Common Stock, $0.01 par value per share (the “Common Stock”), at an initial exercise price (the “Exercise Price”) of $1.00 0.79 (one dollarseventy-nine cents) per share, subject to further adjustment as set forth herein. These shares are exercisable immediatelySuch Warrant shall vest in accordance with Appendix A.

Appears in 1 contract

Samples: Focus Enhancements Inc

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