Common use of Purchase and Sale of Offered Shares Clause in Contracts

Purchase and Sale of Offered Shares. On the basis of the representations and warranties contained in this Agreement and subject to its terms and conditions, the Purchasers hereby agree, severally and not jointly, to purchase from the Company, and the Company hereby agrees to issue and sell to the Purchasers, an aggregate of 40,000,000 Offered Shares, for an aggregate purchase price per Purchaser equal to $.10 multiplied by the number of Offered Shares purchased by such Purchaser (the "Purchase Price"), as set forth opposite such Purchaser's name on the Schedule of Purchasers (the "Purchase").

Appears in 2 contracts

Samples: Investor Purchase Agreement (Gilman & Ciocia Inc), Placement Purchase Agreement (Gilman & Ciocia Inc)

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Purchase and Sale of Offered Shares. On the basis of the representations and warranties contained in this Agreement and subject to its terms and conditions, the Purchasers hereby agree, severally and not jointly, to purchase from the Company, and the Company hereby agrees to issue and sell to the Purchasers, an aggregate of 40,000,000 up to 869,560 Offered Shares, for an aggregate purchase price per Purchaser equal to $.10 25.00 multiplied by the number of Offered Shares purchased by such Purchaser (the "Purchase Price"), as set forth opposite such Purchaser's name on the Schedule of Purchasers (the "Purchase").

Appears in 1 contract

Samples: Purchase Agreement (Ionatron, Inc.)

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Purchase and Sale of Offered Shares. On the basis of the representations and warranties contained in this Agreement and subject to its terms and conditions, the Purchasers hereby agree, severally and not jointly, to purchase from the Company, and the Company hereby agrees to issue and sell to the Purchasers, an aggregate of 40,000,000 up to 60,000 Offered Shares, for an aggregate purchase price per Purchaser equal to $.10 1,000.00 multiplied by the number of Offered Shares purchased by such Purchaser (the "Purchase Price"), as set forth opposite such Purchaser's ’s name on the Schedule of Purchasers (the "Purchase").

Appears in 1 contract

Samples: Stock Purchase Agreement (Berkshire Bancorp Inc /De/)

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