Purchase of Founder Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby sells and issues the Founder Shares to the Subscriber, and the Subscriber hereby purchases the Founder Shares from the Company, subject to the forfeiture provisions of Section 3 below, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall, at its option, deliver to the Subscriber a certificate registered in the Subscriber’s name representing the Founder Shares (the “Original Certificate”), or effect such delivery in book-entry form.
Appears in 7 contracts
Samples: Subscription Agreement (Navigation Capital Acquisition VII Corp.), Subscription Agreement (Navigation Capital Acquisition VI Corp.), Subscription Agreement (Navigation Capital Acquisition VIII Corp.)
Purchase of Founder Shares. For the sum of $25,000 25,000.00 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby sells and issues the Founder Shares to the Subscriber, and the Subscriber hereby purchases the Founder Shares from the Company, subject to the forfeiture provisions of Section 3 below, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall, at its option, deliver to the Subscriber a certificate registered in the Subscriber’s name representing the Founder Shares (the “Original Certificate”), or effect such delivery in book-entry form.
Appears in 4 contracts
Samples: Subscription Agreement (GigInternational1, Inc.), Subscription Agreement (GigCapital5, Inc.), Subscription Agreement (GigCapital6, Inc.)
Purchase of Founder Shares. For the sum of $25,000 1,108 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby sells and issues the Additional Founder Shares to the Subscriber, and the Subscriber hereby purchases the Additional Founder Shares from the Company, subject to the forfeiture provisions of Section 3 below, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall, at its option, deliver to the Subscriber a certificate registered in the Subscriber’s name representing the Additional Founder Shares (the “Original Certificate”)Shares, or effect such delivery in book-entry form.
Appears in 1 contract
Samples: Subscription Agreement for Founder Shares (VectoIQ Acquisition Corp.)
