Common use of Redemption of Subject Shares Clause in Contracts

Redemption of Subject Shares. On the terms and subject to all of the conditions specified by the provisions of this Agreement and upon the performance by each of the parties of their respective obligations created by the provisions of this Agreement, the Shareholder hereby forever and irrevocably sells, assigns, transfers, surrenders, conveys, delivers, and sets over to the Corporation, and the Corporation hereby purchases and redeems from the Shareholder, the Subject Shares, by the Shareholder surrendering and delivering to the Corporation the certificates representing and evidencing the Subject Shares, duly endorsed for transfer or accompanied by stock powers duly executed by the Shareholder.

Appears in 2 contracts

Samples: Stock Redemption Agreement (Coffee Exchange Inc), Stock Redemption Agreement (Coffee Exchange Inc)

AutoNDA by SimpleDocs

Redemption of Subject Shares. On the terms and subject to all of the conditions specified by the provisions of this Agreement and upon in connection with and subject to the performance by each closing and consummation of the parties of their respective obligations created by the provisions of this AgreementTransaction, the Shareholder hereby forever and irrevocably sells, assigns, transfers, surrenders, conveys, delivers, delivers and sets over to the Corporation, and the Corporation hereby purchases and redeems from the Shareholder, the Subject Shares, by the Shareholder surrendering and delivering to the Corporation the certificate or certificates representing and evidencing the Subject Shares, duly endorsed for transfer or accompanied by stock powers duly executed by the Shareholder.

Appears in 1 contract

Samples: Stock Redemption Agreement (DBS Holdings Inc)

AutoNDA by SimpleDocs

Redemption of Subject Shares. On the terms and subject to all of the conditions specified by the provisions of this Agreement and upon the performance by each of the parties Parties of their respective obligations created by the provisions of this Agreement, the Shareholder Stockholder hereby forever and irrevocably sells, assigns, transfers, surrenders, conveys, delivers, and sets over to the Corporation, and the Corporation hereby purchases and redeems from the ShareholderStockholder, the Subject Shares, by the Shareholder Stockholder surrendering and delivering to the Corporation the certificates certificate(s) representing and evidencing the Subject Shares, duly endorsed for transfer or accompanied by stock powers duly executed by the ShareholderStockholder. 2.

Appears in 1 contract

Samples: Corporate Stock Redemption Agreement (Material Technologies Inc /Ca/)

Time is Money Join Law Insider Premium to draft better contracts faster.