Common use of Sale and Issuance of Series B Preferred Shares Clause in Contracts

Sale and Issuance of Series B Preferred Shares. (a) Subject to the terms and conditions of this Agreement, each Purchaser agrees to purchase at the Closing and the Company agrees to sell and issue to each Purchaser at the Closing that number of Series B preferred shares, $0.00001 par value per share (the “Series B Preferred Shares”), set forth opposite each Purchaser’s name on Exhibit A at a purchase price of $8.16033697 per share, at the Closing (as defined below). The Series B Preferred Shares issued to the Purchasers pursuant to this Agreement shall be referred to in this Agreement as the “Shares.”

Sale and Issuance of Series B Preferred Shares. (a) Subject to the terms and conditions of this Agreement, each the Purchaser agrees to purchase at the Closing and the Company agrees to sell and issue to each the Purchaser at the Closing that certain number of Series B preferred shares, $0.00001 par value per share (the “Series B Preferred Shares”), set forth opposite each Purchaser’s name on Exhibit A which shall be determined by the Purchaser unilaterally before Closing in the range of no less than 2,450,879 and no more than 12,254,395 of Series B preferred shares at a purchase price of $8.16033697 per share, at the Closing (as defined below). The Series B Preferred Shares issued to the Purchasers Purchaser pursuant to this Agreement shall be referred to in this Agreement as the “Shares.”