Main Transaction. The Company shall allocate ordinary shares with par value of NIS 0.001, to the Investor, free of any encumbrances. Following the allocation, the Investor will own 19.99% of the Company's outstanding capital on fully diluted basis. The Investor will allocate it’s Ordinary Shares valued at $250,000 USD to the Company, subject to terms of the Agreement and applicable law (the “Investor Shares”). Price will be based on the average market price over the 30 trading days before the signing. The Investor will make all efforts to allocate these shares to the Company no later than 30 days after completion. The Investor will provide the Company with an Owners loan of $250,000 USD. The Shareholders will provide the Company with a loan of $125,000 USD. The Company commits not to sell any Investor Shares for 6 months following the allocation and will not sell shares of the Investor exceeding 10% of the daily trading volume in any single trading day of the Investor.
Main Transaction. On the Closing Date or on the date(s) of any subsequent Additional Closing(s) (as defined in Section 7.01), each Company Stockholder shall transfer, assign, grant, convey and set over to NHTC, and its successors and assigns forever, and NHTC shall accept and receive from each Company Stockholder, free and clear of any and all liens, security interests, mortgages, pledges, covenants, easements, encumbrances, defects in title, agreements and claims and rights of third parties ("Liens") all of such Company Stockholder's right, title and interest in, to and under the number of Company Shares set forth opposite such Company Stockholder's name on the appropriate "Agreement Signature Page" hereto.
Main Transaction
