Purchase and Sale of Shares of Company Stock Sample Clauses

Purchase and Sale of Shares of Company Stock. Upon the terms and subject to the conditions set forth in this Agreement, the Company and the Stockholder hereby agree that on the Closing Date (as defined in Section 2.1, below), the Stockholder shall sell, assign, transfer, convey and deliver to the Purchaser, and the Purchaser hereby agrees to purchase, obtain and acquire from the Stockholder, all of the Stockholder's right, title and interest in and to the Stock as set forth on Schedule 1.1 hereto. The Stockholder hereby further agrees, upon the terms and subject to the conditions set forth herein, to transfer and deliver to the Purchaser at the Closing (as defined in Section 2.1, below) certificates, properly endorsed in blank or accompanied by a properly executed stock power, representing all of the issued and outstanding Stock.
Sample 1Sample 2
AutoNDA by SimpleDocs
Purchase and Sale of Shares of Company Stock. Upon the terms and subject to the conditions set forth in this Agreement, the Company and the Stockholders hereby agree that on the Closing Date (as hereinafter defined in Section 2.1), the Stockholders shall sell, assign, transfer and convey to the Purchaser, and the Purchaser hereby agrees to purchase, obtain and acquire from the Stockholders, an aggregate of six hundred thousand (600,000) shares of Common Stock, which number of shares shall be equal to sixty percent (60%) of the issued and outstanding shares of capital stock of the Company (the "Company Stock"), as of the Closing Date and after taking into account the cancellation of certain outstanding shares of Common Stock pursuant to Section 1.3 of this Agreement. The number of shares sold and transferred by each Stockholder is as follows: STOCKHOLDER NUMBER OF SHARES TO BE SOLD ----------- --------------------------- Chiricahua Company 300,000 Melixxx Xxxxxxx 300,000 The Stockholders hereby further agree, upon the terms and subject to the conditions set forth herein, to transfer and deliver to the Purchaser at the Closing (as hereinafter defined in Section 2.1) certificates, properly endorsed in blank or accompanied by a properly executed stock power, representing six hundred thousand (600,000) shares, and being equal to sixty percent (60%) of the issued and outstanding shares of Company Stock after taking into account the cancellation of certain outstanding shares of Common Stock pursuant to Section 1.3 of this Agreement.
Sample 1
Purchase and Sale of Shares of Company Stock. Upon the terms set forth -------------------------------------------- in this Agreement, the Stockholder hereby agrees that at the Closing (as hereinafter defined in Section 2.1), the Stockholder shall sell, assign, transfer and convey to the Purchaser, and the Purchaser hereby agrees to purchase, obtain and acquire from the Stockholder, all of the Stockholder's right, title and interest in and to 2,029 shares (the "Stockholder's Shares") of the issued and outstanding shares of capital stock of the Company (the "Company's Stock"). The Stockholder hereby further agrees, upon the terms and subject to the conditions set forth herein, to transfer and deliver to the Purchaser at the Closing (as hereinafter defined in Section 2.1) certificates, properly endorsed in blank or accompanied by a properly executed stock power, representing the Stockholder's Shares.
Sample 1

Related to Purchase and Sale of Shares of Company Stock

  • Purchase and Sale of Company Shares Sale of Company Shares

  • Purchase and Sale of Shares 2.1.1. Upon the terms and subject to the conditions set forth in this Agreement, at the Closing, Seller shall sell, transfer and deliver to Buyer, free and clear of all Liens (other than Liens under the Securities Act and any other applicable state or foreign securities Laws), and Buyer shall purchase from Seller, all right, title and interest in and to the Shares.

  • Purchase and Sale of Shares Closing Subject to the terms and conditions of this Agreement, the Company agrees to sell to Purchaser at the Closing, and Purchaser agrees to purchase from the Company at the Closing, 10,000,000 shares of Common Stock (the “Shares”), at a price per share of $6.00 (the “Purchase Price”). Subject to the satisfaction or waiver of the covenants and conditions set forth in Sections 2.3 and 2.4, the Closing shall occur on the date hereof at the offices of Xxxxxxxx & Xxxxxxxx or such other location as the parties shall mutually agree.

  • Purchase and Sale of Shares and Warrants Subject to the satisfaction (or waiver) of the conditions to Closing set forth in this Agreement and the Escrow Agreement, each Subscriber shall purchase the Shares and Warrants for the portion of the Purchase Price indicated on the signature page hereto, and the Company shall sell such Shares and Warrants to the Subscriber. The Purchase Price for the Shares and Warrants shall be paid in cash. The entire Purchase Price shall be allocated to the Shares.

  • Purchase and Sale of Common Shares (a) Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties set forth in Schedule B to this Agreement, the Purchaser hereby agrees to purchase from the Company and the Company hereby agrees to sell to the Purchaser, on the Closing Date, 104,500,000 Common Shares (the “Purchased Shares”) at a price of $48.60 per Purchased Share for an aggregate purchase price of $5,078,700,000 (the “Share Purchase Price”).

  • Purchase and Sale of Common Stock Subject to the terms and conditions set forth herein, the Company shall issue and sell to the Investor, and the Investor shall purchase from the Company, up to that number of Shares having an aggregate Purchase Price of Ten Million dollars ($10,000,000).

  • Purchase and Sale of Common Shares and Warrants (a)Purchase of Common Shares and Warrants. Subject to the satisfaction (or waiver) of the conditions set forth in Sections 6 and 7 below, the Company shall issue and sell to each Buyer, and each Buyer severally, but not jointly, shall purchase from the Company on the Closing Date (as defined below), the number of Common Shares as is set forth opposite such Buyer's name in column (4) on the Schedule of Buyers, along with the Warrants to acquire up to that number of Warrant Shares as is set forth opposite such Buyer's name in column (5) on the Schedule of Buyers (the “Closing”).

  • Purchase and Sale of Common Stock and Warrants (a) Upon the following terms and conditions, the Company shall issue and sell to the Purchasers, and the Purchasers shall purchase from the Company, an aggregate of approximately 3,333,334 shares of Common Stock (the "Shares") at a price per share of $0.90 (the "Per Share Purchase Price") for an aggregate purchase price of $3,000,000 (the "Purchase Price"). The Company and the Purchasers are executing and delivering this Agreement in accordance with and in reliance upon the exemption from securities registration afforded by Section 4(2) of the U.S. Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder (the "Securities Act"), including Regulation D ("Regulation D"), and Regulation S promulgated thereunder. and/or upon such other exemption from the registration requirements of the Securities Act as may be available with respect to any or all of the investments to be made hereunder.

  • Purchase and Sale of Stock Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to Purchaser, an aggregate of 37,500 shares of the Common Stock of the Company (the "Stock") at $0.01 per share, for an aggregate purchase price of $375.00, payable in cash. The closing hereunder, including payment for and delivery of the Stock, shall occur at the offices of the Company immediately following the execution of this Agreement, or at such other time and place as the parties may mutually agree (the "Closing").

  • Purchase and Sale of Preferred Shares and Warrants 1.1.1. On or prior to the Initial Closing, as hereinafter defined, the Company shall adopt and file the Certificate of Designation with the Secretary of State of the State of Delaware and authorize, execute and deliver the Warrant Agreement.

Time is Money Join Law Insider Premium to draft better contracts faster.