No Consideration. The Exchange Securities shall be issued to MGT Sports solely in exchange for the cancellation of a portion of the Note, and MGT Sports shall not pay or be required to pay any additional consideration to the Company in order to effectuate the issuance of such shares;
Appears in 2 contracts
Samples: Securities Exchange Agreement (DraftDay Fantasy Sports, Inc.), Securities Exchange Agreement (MGT Capital Investments Inc)
No Consideration. The Exchange Securities shall be issued to MGT Sports solely in exchange for the cancellation of a portion of the Note, and MGT Sports shall not pay or be required to pay any additional consideration to the Company in order to effectuate the issuance of such shares;
Appears in 2 contracts
Samples: Securities Exchange Agreement (MGT Capital Investments Inc), Securities Exchange Agreement (DraftDay Fantasy Sports, Inc.)