Purchase of the Common Stock. Subject to the satisfaction (or waiver) of the conditions set forth in Sections 5 and 6 below, the Company shall issue and sell to each Buyer free and clear of any liens, security interests, mortgages, pledges, charges, equities, claims or restrictions on transferability or encumbrances of any kind (collectively, “Liens”) (other than Liens incurred by such Buyer, restrictions arising under applicable securities laws, or restrictions imposed by the Transaction Documents (as defined in Section 3(b)), and each Buyer agrees, severally and not jointly, to purchase from the Company on the Closing Date (as defined in Section 1(b)), such number of Purchased Shares indicated next to such Buyer’s name on the signature pages hereto (the “Closing”).
Purchase of the Common Stock. On the Closing Date (as defined below), Sellers agree to sell and deliver to Purchaser, and Purchaser agrees to purchase from Sellers, the Common Stock in consideration for $7,800,000 cash (the “Purchase Price”).
Purchase of the Common Stock. Subject to the satisfaction (or waiver) of the conditions set forth in Sections 5 and 6 below, the Company shall issue and sell to each Buyer, free and clear of any Liens (other than Liens incurred by the Buyer, restrictions arising under applicable securities laws, or restrictions imposed by the Transaction Documents), and each Buyer agrees, severally and not jointly, to purchase from the Company on the Closing Date (as defined below), such number of Purchased Shares indicated next to such Buyer’s name on Schedule A (the “Closing”).
Purchase of the Common Stock. 2.1 The Subscriber understands that the Purchase Price is payable with the execution and submission of this Agreement, and accordingly, is submitting herewith to the Company the Purchase Price as agreed to by the Company on the Site.
2.2 If the Company returns the Subscriber's Purchase Price to the Subscriber, the Company will not pay any interest to the Subscriber.
2.3 If this Subscription is accepted by the Company, the Subscriber agrees to comply fully with the terms of this Agreement, the Common Stock and all other applicable documents or instruments of the Company, including the Charter. The Subscriber further agrees to execute any other necessary documents or instruments in connection with this Subscription and the Subscriber's purchase of the Common Stock.
2.4 In the event that this Subscription is rejected in full or the offering is terminated, payment made by the Subscriber to the Company for the Common Stock will be refunded to the Subscriber without interest and without deduction, and all of the obligations of the Subscriber hereunder shall terminate. To the extent that this Subscription is rejected in part, the Company shall refund to the Subscriber any payment made by the Subscriber to the Company with respect to the rejected portion of this Subscription without interest and without deduction, and all of the obligations of Subscriber hereunder shall remain in full force and effect except for those obligations with respect to the rejected portion of this Subscription, which shall terminate.
Purchase of the Common Stock. The Subscriber understands that the Purchase Price is payable with the execution and submission of this Agreement, and accordingly, is submitting herewith to the Company the Purchase Price as agreed to by the Company on the Site.
Purchase of the Common Stock. Subject to the terms and conditions set forth in this Agreement, the Seller shall sell to the Buyer, and the Buyer shall purchase from the Seller at the Closing (as defined below), all of the Common Stock.
Purchase of the Common Stock. Subject to the satisfaction (or waiver) of the conditions set forth below, at the closing (the “Closing”), the Company shall issue and sell to each Buyer, and each Buyer severally, but not jointly, agrees to purchase from the Company on the Closing Date (as defined below), the number of shares of the Common Stock as is set forth opposite such Buyer’s name on the Schedule of Buyers. There is no minimum for the Closing and the Company reserves the right to increase the size of the Offering.
Purchase of the Common Stock. Subject to the terms of this Agreement, the Purchaser agrees to purchase from the Company, and the Company agrees to sell to the Purchaser, Twenty Million (20,000,000) shares (each a “Share” and collectively the “Shares”) of the Company’s Common Stock, par value $0.0001 per share (the “Common Stock”), at a purchase price of Five Cents ($0.05) per Share, for total consideration of One Million Dollars ($1,000,000), (the “Consideration”) payable as follows: (i) One Hundred Fifty Thousand Dollars ($150,000) paid upon execution hereof, (ii) Six Hundred Thousand Dollars ($600,000) paid by Purchaser in 4 installments of $150,000 each on each of June 15, 2012, June 30, 2012, July 15, 2012, and July 31, 2012 (the “Installment Payments”) pursuant to the terms of a promissory note in the form of Exhibit A to be executed and delivered to the Company (the “Note”), and (iii) Two Million Two Hundred Fifty Thousand (2,250,000) shares of Purchaser’s common stock, restricted in accordance with Rule 144 (the “ICE Shares”).
Purchase of the Common Stock. (a) Subject to the terms and conditions of this Agreement, and in reliance on the representations, warranties and covenants contained or incorporated by reference herein, the Company hereby agrees to purchase and accept from the Stockholder, and the Stockholder hereby agrees to sell and deliver to the Company, the Shares for a per share purchase price equal to, and payable by delivery of, cash in an amount equal to the lesser of (i) $32.84 and (ii) the per share price to the public set forth on the cover of the final prospectus delivered in connection with the Public Offering net of the per share underwriting discounts and commissions set forth on the cover page of such final prospectus (the "Repurchase").
(b) The closing of the Repurchase (the "Closing") shall take place at the time and on the date of the closing of the Public Offering or at such other time and date as the parties hereto shall agree in writing (the "Closing Date"), at the location of the closing of the Public Offering or at such other place as the parties hereto shall agree in writing. At the Closing: (i) the Company shall deliver to the Stockholder, against receipt of the Shares therefor, cash (by wire transfer of immediately available funds) in an amount equal to the product of the per share purchase price determined pursuant to Section 1(a) multiplied by 1,500,000; and (ii) the Stockholder shall deliver to the Company, against payment of the purchase price therefor, certificates representing the Shares.
Purchase of the Common Stock. In reliance upon the representations, warranties and covenants made herein and subject to the satisfaction or waiver of the conditions set forth herein, the Agent agrees to acquire the Common Stock from the Company on the Closing Date in accordance with the terms of this Agreement.
