Common use of Number of Shares and Price Per Share Clause in Contracts

Number of Shares and Price Per Share. In consideration of services rendered by the Founder to the Company to date and the assignment (as evidenced and effected by the Founder’s signature to this Agreement) to the Company of all of the Founder’s right title and interest in and to applications to the Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, and Board of Governors of the Federal Reserve System, the Company agrees to issue to the Founder 100,000 shares of the Company’s Common Stock (the “Stock”)1 at a purchase price of $3,666.67. The closing of such purchase shall occur immediately upon execution of this Agreement.

Appears in 2 contracts

Samples: Founder Stock Purchase Agreement (Cordia Bancorp Inc), Founder Stock Purchase Agreement (Cordia Bancorp Inc)

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Number of Shares and Price Per Share. In consideration of services rendered by the Founder to the Company to date and the assignment (as evidenced and effected by the Founder’s signature to this Agreement) to the Company of all of the Founder’s right title and interest in and to applications to the Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, and Board of Governors of the Federal Reserve System, the Company agrees to issue to the Founder 100,000 200,000 shares of the Company’s Common Stock (the “Stock”)1 Stock”) at a purchase price of $3,666.67200,000.00. The closing of such purchase shall occur immediately upon execution of this Agreement.

Appears in 1 contract

Samples: Founder Stock Purchase Agreement (Cordia Bancorp Inc)

Number of Shares and Price Per Share. In consideration of services rendered by the Founder to the Company to date and the assignment (as evidenced and effected by the Founder’s signature to this Agreement) to the Company of all of the Founder’s right title and interest in and to applications to the Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, and Board of Governors of the Federal Reserve System, the Company agrees to issue to the Founder 100,000 300,000 shares of the Company’s Common Stock (the “Stock”)1 at a purchase price of $3,666.67501,000.00. The closing of such purchase shall occur immediately upon execution of this Agreement.

Appears in 1 contract

Samples: Founder Stock Purchase Agreement (Cordia Bancorp Inc)

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Number of Shares and Price Per Share. In consideration of services rendered by the Founder to the Company to date and the assignment (as evidenced and effected by the Founder’s signature to this Agreement) to the Company of all of the Founder’s right title and interest in and to applications to the Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, and Board of Governors of the Federal Reserve System, the Company agrees to issue to the Founder 100,000 300,000 shares of the Company’s Common Stock (the “Stock”)1 at a purchase price of $3,666.6711,000.00. The closing of such purchase shall occur immediately upon execution of this Agreement.

Appears in 1 contract

Samples: Founder Stock Purchase Agreement (Cordia Bancorp Inc)

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