Common use of Purchase Price and Form of Payment; Delivery Clause in Contracts

Purchase Price and Form of Payment; Delivery. On the Closing Date each Buyer shall pay $0.20 per share for the Shares to be issued and sold to it at the Closing, for a total price of $12,500,000. The Purchase Price shall be paid by wire transfer of immediately available funds in accordance with the Company’s written instructions. At the Closing, upon payment of the Purchase Price therefore by the Buyers, the Company will deliver irrevocable written instructions (“Transfer Instructions”) to the transfer agent for the Company’s Common Stock to issue certificates representing the Shares registered in the name of each Buyer and to deliver such certificates to or at the direction of each Buyer. The Company shall not have the power to revoke or amend the Transfer Instructions without the written consent of the Buyers.

Purchase Price and Form of Payment; Delivery. On the Closing Date each Buyer shall pay $0.20 1.50 per share for the Shares to be issued and sold to it at the Closing, for a total price of $12,500,00015,400,000. The Purchase Price shall be paid by wire transfer of immediately available funds in accordance with the Company’s written instructions. At the Closing, upon payment of the Purchase Price therefore by the Buyers, the Company will deliver irrevocable written instructions (“Transfer Instructions”) to the transfer agent for the Company’s Common Stock to issue certificates representing the Shares registered in the name of each Buyer and to deliver such certificates to or at the direction of each Buyer. The Company shall not have the power to revoke or amend the Transfer Instructions without the written consent of the Buyers.

Purchase Price and Form of Payment; Delivery. On the Closing Date each Buyer shall pay $0.20 1.50 per share for the Shares to be issued and sold to it at the Closing, for a total price of $12,500,00015,400,000. The Purchase Price shall be paid by wire transfer of immediately available funds in accordance with the Company’s 's written instructions. At the Closing, upon payment of the Purchase Price therefore by the Buyers, the Company will deliver irrevocable written instructions (“Transfer Instructions”"TRANSFER INSTRUCTIONS") to the transfer agent for the Company’s 's Common Stock to issue certificates representing the Shares registered in the name of each Buyer and to deliver such certificates to or at the direction of each Buyer. The Company shall not have the power to revoke or amend the Transfer Instructions without the written consent of the Buyers.