Common use of Number and Price of Shares Clause in Contracts

Number and Price of Shares. (a) The Holder shall have the right to purchase 11,722 Shares, which is equal to one hundred twenty-five thousand dollars ($25,000) divided by the Exercise Price, as defined in Section 1(b) below.

Number and Price of Shares. (a) The Holder shall have the right to purchase 11,722 58,608 Shares, which is equal to one hundred twenty-five thousand dollars ($25,000125,000) divided by the Exercise Price, as defined in Section 1(b) below.

Number and Price of Shares. (a) The Holder shall have the right to purchase 11,722 five thousand eight hundred sixty-one (5,861) Shares, which is equal to one twelve thousand five hundred twenty-five thousand dollars ($25,00012,500) divided by the Exercise Price, as defined in Section 1(b) below.

Number and Price of Shares. (a) The Holder shall have the right to purchase 11,722 Shares, which is a number of Shares equal to one sixty-two thousand five hundred twenty-five thousand dollars ($25,000) 62,500), or 5% of the $1,250,000 principal amount of the Note by and between the Company and the Holder, divided by the Exercise Price, as defined in Section 1(b) below.

Number and Price of Shares. (a) The Holder shall have the right to purchase 11,722 Shares, which is a number of Shares equal to eighty-one thousand two hundred twenty-five thousand fifty dollars ($25,000) 81,250), or 6.5% of the $1,250,000 principal amount of the Note by and between the Company and the Holder, divided by the Exercise Price, as defined in Section 1(b) below.