Purchase Price and Payment for the Shares. The aggregate purchase price for all of the Shares (the “Purchase Price”) is Fourteen Million Six Hundred Thousand Dollars ($14,600,000.00), as adjusted pursuant to Section 1.3. The Buyer will pay to the Seller at the Closing (the “Closing Amount”) an amount equal to (i) the Purchase Price plus or minus (ii) the Estimated Closing Adjustment Amount determined in accordance with Section 1.3(a).
Purchase Price and Payment for the Shares. (a) The Purchase Price shall be in the aggregate:
Purchase Price and Payment for the Shares. (a) The aggregate purchase price for all of the Shares (the "Purchase Price") shall be equal to (i) the Stock Consideration, plus (ii) the Cash Consideration, plus (iii) the Note Consideration. The Purchase Price shall be allocated among the Stockholders in accordance with the proportional share set forth opposite each Stockholder's name on Schedule A attached hereto.
Purchase Price and Payment for the Shares. The Purchase Price for ----------------------------------------- the Shares (the "PURCHASE PRICE") shall equal the sum of the Book Value (as defined in Section 1.3) and $600,000. Upon the terms of this Agreement, and in consideration of the sale, assignment, transfer and delivery of the Shares from the Selling Shareholder to the Purchaser, the Purchaser hereby executes, transfers and delivers to the Selling Shareholder an unsecured, subordinated promissory note of the Purchaser substantially in the form of Exhibit A (the "NOTE"). The Note as delivered herewith is in a principal amount equal to an estimate of the Purchase Price as determined in good faith by the Selling Shareholder pursuant to Section 1.3. The parties hereby agree to amend the Note to reflect any adjustment in such estimate (determined as provided in Section 1.3.).
Purchase Price and Payment for the Shares. The aggregate purchase price for the Shares shall be Five Thousand Dollars ($5,000). Concurrently with the delivery by Seller to the Company of stock certificates representing, at least in part, the Shares (the "SELLER'S CERTIFICATE"), Purchaser shall deliver to Seller Five Thousand Dollars ($5,000) (the "PURCHASE PRICE") in cash, certified check or by wire transfer to an account designated by Seller.
Purchase Price and Payment for the Shares. The total consideration for the Shares (the “Purchase Price”) shall consist of (i) 23.5 Billion Korean Won, minus (ii) 17,361,157,640 Korean Won, which is the aggregate payoff amount with respect to all of the Company’s indebtedness for borrowed money (including convertible bonds) owed to the Stockholders and financial institutions as of May 15, 2008, as set forth on Schedule 1.2 (the “Company Indebtedness”), and minus (iii) the amount, if any, by which Estimated Working Capital (as defined in Section 1.4 and as set forth on Schedule 1.4) is less than zero. The Purchase Price will be subject to adjustment, if any, as set forth in Section 1.4. At the Closing, the Buyer will pay to the Stockholders’ Representative on behalf of the Stockholders and the Stockholders’ Representative will promptly pay to each Stockholder such Stockholder’s pro rata share of the Purchase Price in immediately available funds by wire transfer to the accounts listed on Exhibit B to this Agreement, less 2,500,000,000 Korean Won or the U.S. dollar equivalent of 2,500,000,000 Korean Won, as applicable (the “Escrow Amount”), to be paid by the Buyer to JPMorgan Chase Bank, N.A. or Samsung Securities Co., LTD. (as agreed by the parties), as escrow agent (the “Escrow Agent”), pursuant to that certain Escrow Agreement to be entered into by the Buyer, the Company, the Stockholders’ Representative and the Escrow Agent with a term of two years (the ”Escrow Agreement”), it being understood that the parties shall use their best efforts to agree on the terms and conditions of the Escrow Agreement as soon as practicable after the date first set forth above. The Escrow Amount plus any interest accrued thereon will be available to be applied toward any amounts owed by the Stockholders to any Buyer Indemnitee (as defined below) under this Agreement in accordance with the terms of this Agreement and the Escrow Agreement.
Purchase Price and Payment for the Shares
