Common use of Purchase and Sale of Executive Stock Clause in Contracts

Purchase and Sale of Executive Stock. (a) Upon execution of this Agreement and in connection with the Closing, the Executive Subscription Agreement and payment of the Original Purchase Price (as hereinafter defined), the Company will issue to the Executive 23,794.90 shares of Class A Common Stock, par value $0.01 per share, of the Company (the "Class A Common Stock"), for a purchase price of $0.0179 per share (the "Original Purchase Price"). All of such shares of Common Stock purchased by the Executive hereby are referred to herein as "Executive Stock." To secure the Company's rights under the Repurchase Option in Section 3, the Company will retain possession of the certificates representing the Executive Stock.

Purchase and Sale of Executive Stock. (a) Upon execution of this Agreement and in connection with the Closing, the Executive Subscription Agreement and payment of the Original Purchase Price (as hereinafter defined), the Company will issue to the Executive 23,794.90 11,897.45 shares of Class A Common Stock, par value $0.01 per share, of the Company (the "Class A Common Stock"), for a purchase price of $0.0179 per share (the "Original Purchase Price"). All of such shares of Common Stock purchased by the Executive hereby are referred to herein as "Executive Stock." To secure the Company's rights under the Repurchase Option in Section 3, the Company will retain possession of the certificates representing the Executive Stock.

Purchase and Sale of Executive Stock. (a) Upon execution of this Agreement and the Stockholders Agreement, and in connection with the Closing, the Executive Subscription Agreement and upon payment of the Original Purchase Price (as hereinafter defineddefined therein), the Company will issue to the Executive 23,794.90 shares of Class class A Common Stockcommon stock of the Company, par value $0.01 per share, of the Company share (the "“Class A Common Stock"”), for a purchase price of $0.0179 $ per share (the "Original “Class A Purchase Price"”). All of such shares of Class A Common Stock purchased by the Executive hereby pursuant to the Subscription Agreement are referred to herein as "“Executive Stock." ” To secure the Company's ’s rights under the Repurchase Option in Section 3, the Company will retain possession of the certificates representing the Executive Class A Common Stock.

Purchase and Sale of Executive Stock. (a) Upon execution of this Agreement and in connection with the Closing, the Executive Subscription Agreement and payment of the Original Purchase Price (as hereinafter defined), the Company will issue to the Executive 23,794.90 47,589.80 shares of Class A Common Stock, par value $0.01 per share, of the Company (the "Class A Common Stock"), for a purchase price of $0.0179 per share (the "Original Purchase Price"). All of such shares of Common Stock purchased by the Executive hereby are referred to herein as "Executive Stock." To secure the Company's rights under the Repurchase Option in Section 3, the Company will retain possession of the certificates representing the Executive Stock.

Purchase and Sale of Executive Stock. (a) Upon execution of this Agreement and in connection with the Closing, the Executive Subscription Agreement and payment of the Original Purchase Price (as hereinafter defined), the Company will issue to the Executive 23,794.90 190,359.21 shares of Class A Common Stock, par value $0.01 per share, of the Company (the "Class A Common Stock"), for a purchase price of $0.0179 per share (the "Original Purchase Price"). All of such shares of Common Stock purchased by the Executive hereby are referred to herein as "Executive Stock." To secure the Company's rights under the Repurchase Option in Section 3, the Company will retain possession of the certificates representing the Executive Stock.

Purchase and Sale of Executive Stock. (a) Upon execution of this Agreement and in connection with the Closing, the Executive Subscription Agreement and payment of the Original Purchase Price (as hereinafter defined), the Company will issue to the Executive 23,794.90 95,179.60 shares of Class A Common Stock, par value $0.01 per share, of the Company (the "Class A Common Stock"), for a purchase price of $0.0179 per share (the "Original Purchase Price"). All of such shares of Common Stock purchased by the Executive hereby are referred to herein as "Executive Stock." To secure the Company's rights under the Repurchase Option in Section 3, the Company will retain possession of the certificates representing the Executive Stock.