PURCHASE AND SALE OF PURCHASED. STOCK The Company hereby sells and delivers to the Seller, and the Seller hereby purchases from the Company, the Purchased Stock, at a purchase price of $1.25 per share, or an aggregate purchase price for all the Purchased Stock of $2,075,000 (the "Stock Price") as reflected in paragraph 1(e) below.
PURCHASE AND SALE OF PURCHASED. ASSETS 9 ARTICLE III CONDITIONS TO CLOSING 19
PURCHASE AND SALE OF PURCHASED. SHARES 9
PURCHASE AND SALE OF PURCHASED. SHARES 1 Section 1.1 Purchase and Sale of Purchased Shares 1 ARTICLE 2 PURCHASE PRICE 2 Section 2.1 Purchase Price and Closing Payment 2 Section 2.2 Deposit Escrow Amount 2 Section 2.3 Indemnity Escrow 2 Section 2.4 Initial Working Capital 3 Section 2.5 Final Working Capital Adjustment 3 Section 2.6 Termination and Payments of Inter-Company Indebtedness and Affiliate Transactions 5
PURCHASE AND SALE OF PURCHASED. ASSETS 2.1 Purchase and Sale of Purchased Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 2.2
PURCHASE AND SALE OF PURCHASED. ASSETS 1
1.1 Purchased Assets 1 1.2 Excluded Assets 3
1.3 Assumed Liabilities 4
1.4 Purchase Price 4
1.5 Allocated Values 6 1.6 Adjustments to Base Purchase Price. 6
1.7 Apportionment of Certain Taxes 8 1.8 Closing Date Adjustment to Purchase Price. 8
1.9 Post-Closing Adjustments to Base Purchase Price. 9
1.10 Prepaid JOA Funds 10 1.11 Division of Ownership. 11 1.12 No Duplicative Effect; Methodologies 11
PURCHASE AND SALE OF PURCHASED. INTERESTS 2
PURCHASE AND SALE OF PURCHASED. SHARES 21 ARTICLE 3 REPRESENTATIONS AND WARRANTIES REGARDING THE COMPANY 30
PURCHASE AND SALE OF PURCHASED. ASSETS 6 2.1 Basic Transaction 6 2.2 Assumption of Liabilities 8 2.3 Purchase Price 11
PURCHASE AND SALE OF PURCHASED. SECURITIES 1 1.1 Purchase and Sale of Stock............................ 1 1.2
