Common use of Purchase and Issuance of the Shares Clause in Contracts

Purchase and Issuance of the Shares. Upon the terms and subject to the conditions of this Agreement, Investor hereby irrevocably agrees to purchase from the Company, and the Company hereby agrees to sell to Investor, on the Closing Date, 100,000 shares of Common Stock for an aggregate purchase price of $1,000,000 (the “Purchase Price”). On the Closing Date, upon receipt of payment therefor in accordance with this Agreement, the Company shall deliver to the Investor the Securities in book entry form through the Company’s transfer agent; provided, however, that the Company’s obligation to deliver the Securities and the Investor’s obligation to pay the Purchase Price shall be contingent upon the satisfaction or waiver of all conditions to closing of the merger of FTS Holding Corporation with and into FinTech Merger Sub, Inc. (the “Merger”) set forth in that certain Agreement and Plan of Merger, dated March 7, 2016, as may be amended from time to time (the “Merger Agreement”).

Purchase and Issuance of the Shares. Upon the terms and subject to the conditions of this Agreement, Investor hereby irrevocably agrees to purchase from the Company, and the Company hereby agrees to sell to Investor, on the Closing Date, 100,000 30,000 shares of Common Stock for an aggregate purchase price of $1,000,000 300,000 (the “Purchase Price”). On the Closing Date, upon receipt of payment therefor in accordance with this Agreement, the Company shall deliver to the Investor the Securities in book entry form through the Company’s transfer agent; provided, however, that the Company’s obligation to deliver the Securities and the Investor’s obligation to pay the Purchase Price shall be contingent upon the satisfaction or waiver of all conditions to closing of the merger of FTS Holding Corporation with and into FinTech Merger Sub, Inc. (the “Merger”) set forth in that certain Agreement and Plan of Merger, dated March 7, 2016, as may be amended from time to time (the “Merger Agreement”).

Purchase and Issuance of the Shares. Upon the terms and subject to the conditions of this Agreement, Investor hereby irrevocably agrees to purchase from the Company, and the Company hereby agrees to sell to Investor, on the Closing Date, 100,000 190,000 shares of Common Stock for an aggregate purchase price of $1,000,000 1,900,000 (the “Purchase Price”). On the Closing Date, upon receipt of payment therefor in accordance with this Agreement, the Company shall deliver to the Investor the Securities in book entry form through the Company’s transfer agent; provided, however, that the Company’s obligation to deliver the Securities and the Investor’s obligation to pay the Purchase Price shall be contingent upon the satisfaction or waiver of all conditions to closing of the merger of FTS Holding Corporation with and into FinTech Merger Sub, Inc. (the “Merger”) set forth in that certain Agreement and Plan of Merger, dated March 7, 2016, as may be amended from time to time (the “Merger Agreement”).

Purchase and Issuance of the Shares. Upon the terms and subject to the conditions of this Agreement, Investor hereby irrevocably agrees to purchase from the Company, and the Company hereby agrees to sell to Investor, on the Closing Date, 100,000 117,647 shares of Common Stock for an aggregate purchase price of $1,000,000 1,199,999.40 (the “Purchase Price”). On the Closing Date, upon receipt of payment therefor in accordance with this Agreement, the Company shall deliver to the Investor the Securities in book entry form through the Company’s transfer agent; provided, however, that the Company’s obligation to deliver the Securities and the Investor’s obligation to pay the Purchase Price shall be contingent upon the satisfaction or waiver of all conditions to closing of the merger of FTS Holding Corporation with and into FinTech Merger Sub, Inc. (the “Merger”) set forth in that certain Agreement and Plan of Merger, dated March 7, 2016, as may be amended from time to time (the “Merger Agreement”).