Common use of Purchase and Sale of the Purchased Shares Clause in Contracts

Purchase and Sale of the Purchased Shares. Subject to the terms and conditions of this Agreement, Seller hereby agrees to sell to Purchaser and Purchaser hereby agrees to purchase the Purchased Shares, at an aggregate purchase price equal to $38,333 (the “Purchase Price”) as follows: (a) On the date hereof the Seller shall transfer the Purchased Shares to the Purchaser by crediting the account of the Purchaser’s broker (the “Prime Broker”) with the Depository Trust Company through its Deposit Withdrawal Agent Commission system in accordance with instructions annexed hereto. (b) Upon confirmation by the Prime Broker of the receipt of the Purchased Shares, the Purchaser shall authorize XxXxxxxxxx & Xxxxx, LLP, as escrow agent (the “Escrow Agent”), pursuant to the Escrow Agreement in the form annexed hereto, to wire the Purchase Price, to the Seller in accordance with the wiring instructions set forth on Schedule A, net of the expenses, as set forth in a separate letter of direction in the form annexed hereto.

Purchase and Sale of the Purchased Shares. Subject to the terms and conditions of this Agreement, Seller hereby agrees to sell to Purchaser and Purchaser hereby agrees to purchase the Purchased Shares, at an aggregate purchase price equal to $38,333 383,333 (the “Purchase Price”) as follows: (a) On the date hereof the Seller shall transfer the Purchased Shares to the Purchaser by crediting the account of the Purchaser’s broker (the “Prime Broker”) with the Depository Trust Company through its Deposit Withdrawal Agent Commission system in accordance with instructions annexed hereto. (b) Upon confirmation by the Prime Broker of the receipt of the Purchased Shares, the Purchaser shall authorize XxXxxxxxxx & Xxxxx, LLP, as escrow agent (the “Escrow Agent”), pursuant to the Escrow Agreement in the form annexed hereto, to wire the Purchase Price, to the Seller in accordance with the wiring instructions set forth on Schedule A, net of the expenses, as set forth in a separate letter of direction in the form annexed hereto.

Purchase and Sale of the Purchased Shares. Subject to the terms and conditions of this Agreement, Seller hereby agrees to sell to Purchaser and Purchaser hereby agrees to purchase the Purchased Shares, at an aggregate purchase price equal to $38,333 76,667 (the “Purchase Price”) as follows: (a) On the date hereof the Seller shall transfer the Purchased Shares to the Purchaser by crediting the account of the Purchaser’s broker (the “Prime Broker”) with the Depository Trust Company through its Deposit Withdrawal Agent Commission system in accordance with instructions annexed hereto. (b) Upon confirmation by the Prime Broker of the receipt of the Purchased Shares, the Purchaser shall authorize XxXxxxxxxx & Xxxxx, LLP, as escrow agent (the “Escrow Agent”), pursuant to the Escrow Agreement in the form annexed hereto, to wire the Purchase Price, to the Seller in accordance with the wiring instructions set forth on Schedule A, net of the expenses, as set forth in a separate letter of direction in the form annexed hereto.

Purchase and Sale of the Purchased Shares. Subject to the terms and conditions of this Agreement, Seller hereby agrees to sell to Purchaser and Purchaser hereby agrees to purchase the Purchased Shares, at an aggregate purchase price equal to $38,333 1,150,000 (the “Purchase Price”) as follows: (a) On the date hereof the Seller shall transfer the Purchased Shares to the Purchaser by crediting the account of the Purchaser’s broker (the “Prime Broker”) with the Depository Trust Company through its Deposit Withdrawal Agent Commission system in accordance with instructions annexed hereto. (b) Upon confirmation by the Prime Broker of the receipt of the Purchased Shares, the Purchaser shall authorize XxXxxxxxxx & Xxxxx, LLP, as escrow agent (the “Escrow Agent”), pursuant to the Escrow Agreement in the form annexed hereto, to wire the Purchase Price, to the Seller in accordance with the wiring instructions set forth on Schedule A, net of the expenses, as set forth in a separate letter of direction in the form annexed hereto.

Purchase and Sale of the Purchased Shares. Subject to the terms and conditions of this Agreement, Seller hereby agrees to sell to Purchaser and Purchaser hereby agrees to purchase the Purchased Shares, at an aggregate purchase price equal to $38,333 651,667 (the “Purchase Price”) as follows: (a) On the date hereof the Seller shall transfer the Purchased Shares to the Purchaser by crediting the account of the Purchaser’s broker (the “Prime Broker”) with the Depository Trust Company through its Deposit Withdrawal Agent Commission system in accordance with instructions annexed hereto. (b) Upon confirmation by the Prime Broker of the receipt of the Purchased Shares, the Purchaser shall authorize XxXxxxxxxx & Xxxxx, LLP, as escrow agent (the “Escrow Agent”), pursuant to the Escrow Agreement in the form annexed hereto, to wire the Purchase Price, to the Seller in accordance with the wiring instructions set forth on Schedule A, net of the expenses, as set forth in a separate letter of direction in the form annexed hereto.