ISSUANCE OF SHARES; PURCHASE PRICE. At the Effective Time, the Company shall sell and issue to Purchaser, and Purchaser shall acquire from the Company, two hundred and fifty thousand (250,000) shares (the “Shares”) of the Company’s common stock, $0.001 par value per share, for an aggregate purchase price of $8,750. The consideration for the Shares shall consist of services rendered to the Company by the Purchaser.
Appears in 2 contracts
Samples: Restricted Stock Purchase Agreement (Octus Inc), Restricted Stock Purchase Agreement (Octus Inc)
ISSUANCE OF SHARES; PURCHASE PRICE. At the Effective Time, the Company shall sell and issue to Purchaser, and Purchaser shall acquire from the Company, two hundred and fifty thousand fifteen million (250,00015,000,000) shares (the “Shares”) of the Company’s common stock, $0.001 par value per share, for an aggregate purchase price of $8,750. The the consideration for the Shares shall consist of services rendered and contributed to the Company by the Purchaser.
Appears in 2 contracts
Samples: Restricted Stock Purchase Agreement (Octus Inc), Restricted Stock Purchase Agreement (Octus Inc)
ISSUANCE OF SHARES; PURCHASE PRICE. At the Effective Time, the Company shall sell and issue to Purchaser, and Purchaser shall acquire from the Company, two hundred and fifty thousand fifteen million (250,00015,000,000) shares (the “Shares”) of the Company’s common stock, $0.001 par value per share, for an aggregate purchase price of $8,75023,250. The consideration for the Shares shall consist of services rendered and intellectual property contributed to the Company by the Purchaser.
Appears in 2 contracts
Samples: Restricted Stock Purchase Agreement (Octus Inc), Restricted Stock Purchase Agreement (Octus Inc)
ISSUANCE OF SHARES; PURCHASE PRICE. At the Effective Time, the Company shall sell and issue to Purchaser, and Purchaser shall acquire from the Company, two one-hundred and fifty thousand (250,000100,000) shares (the “Shares”) of the Company’s common stock, $0.001 par value per share, for an aggregate purchase price of $8,750. The consideration for the Shares shall consist of services intellectual property rendered to the Company by the Purchaser.
Appears in 1 contract
Samples: License Agreement (Octus Inc)