Common use of Purchase Stock Clause in Contracts

Purchase Stock. The delivery through the transfer agent of One Million One Hundred Eighty Six Thousand Two Hundred Forty (1,186,240) shares of stock in EPIC Energy Resources, Inc. Such Purchase Stock shall be allocated as follows: (i) 1,000,000 shares to ▇▇▇▇▇▇▇▇▇▇; (ii) 126,928 shares to ▇▇▇▇▇▇▇; and (iii) 59,312 shares to Good.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Epic Energy Resources, Inc.), Stock Purchase Agreement (Epic Energy Resources, Inc.)

Purchase Stock. The delivery through the transfer agent of One Million One Hundred Eighty Six Thousand Two Hundred Forty (1,186,240) shares of stock in EPIC Energy Resources, Inc. Such Purchase Stock shall be allocated as indicated as follows: (i) 1,000,000 shares to ▇▇▇▇▇▇▇▇▇▇; ; (ii) 126,928 shares to ▇▇▇▇▇▇▇; and and (iii) 59,312 shares to Good. Such Purchase Stock shall be immediately delivered to the Shareholders, and shall be reflected on the corporate records of EPiC as fully and validly issued and outstanding.

Appears in 1 contract

Sources: Stock Purchase Agreement (Epic Energy Resources, Inc.)

Purchase Stock. The parties hereto acknowledge the prior delivery through the transfer agent of One Million One Hundred Eighty Six Thousand Two Hundred Forty (1,186,240) shares of stock in EPIC Energy Resources, Inc. Such Purchase Stock shall be was allocated as follows: (i) 1,000,000 shares to ▇▇▇▇▇▇▇▇▇▇; ; (ii) 126,928 shares to ▇▇▇▇▇▇▇; and and (iii) 59,312 shares to Good. ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ and Good shall retain such Purchase Stock if Purchaser fails to close for any reason.

Appears in 1 contract

Sources: Stock Purchase Agreement (Epic Energy Resources, Inc.)