Common use of Sale and Issuance of Series Seed Preferred Stock Clause in Contracts

Sale and Issuance of Series Seed Preferred Stock. The Company shall adopt and file the Company’s restated organizational documents, as applicable (e.g. certificate of incorporation), in substantially the form of Exhibit C attached to this Agreement (as the same may be amended, restated, supplemented or otherwise modified from time to time) (the “Restated Charter”) with the Secretary of State of the State of Incorporation on or before the Initial Closing (as defined below). Subject to the terms and conditions of this Agreement, each investor listed as a “Purchaser” on Schedule 1 hereto (each “Purchaser” and together the “Purchasers”) agrees to purchase at the applicable Closing (as defined below) and the Company agrees to sell and issue to each Purchaser at such Closing that number of shares of Series Seed Preferred Stock of the Company (“Series Seed Preferred Stock”) set forth opposite such Purchaser’s name on Schedule 1, at a purchase price per share equal to the Purchase Price.

Appears in 3 contracts

Samples: Series Seed Preferred Stock Investment Agreement, Series Seed Preferred Stock Investment Agreement, Series Seed Preferred Stock Investment Agreement

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Sale and Issuance of Series Seed Preferred Stock. The Company shall adopt and file the Company’s restated organizational documents, as applicable (e.g. certificate of incorporation), in substantially the form of Exhibit C attached to this Agreement (as the same may be amended, restated, supplemented or otherwise modified from time to time) (the “Restated Charter”) with the Secretary of State of the State of Incorporation on or before the Initial Closing (as defined below). Subject to the terms and conditions of this Agreement, each investor listed as a “Purchaser” on Schedule 1 hereto (each each, a “Purchaser” and together the “Purchasers”) agrees to toshall purchase at the applicable Closing (as defined below) and the Company agrees to sell and issue to each Purchaser at such Closing that number of shares of Series Seed Preferred Stock of the Company (“Series Seed Preferred Stock”) set forth opposite such Purchaser’s name on Schedule 1, at a purchase price per share equal to the Purchase Price.

Appears in 1 contract

Samples: Series Seed Preferred Stock Investment Agreement

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Sale and Issuance of Series Seed Preferred Stock. The Company shall adopt and file the Company’s restated organizational documents, as applicable (e.g. certificate of incorporation), in substantially the form of Exhibit C attached to this Agreement (as the same may be amended, restated, supplemented or otherwise modified from time to time) (the “Restated Charter”) with the Secretary of State of the State of Incorporation on or before the Initial Closing (as defined below)Closing. Subject to the terms and conditions of this Agreement, each investor listed as a “Purchaser” on Schedule 1 hereto (each each, a “Purchaser” and together the “Purchasers”) agrees to shall purchase at the applicable Closing (as defined below) and the Company agrees to sell and issue to each Purchaser at such Closing that number of shares of Series Seed Preferred Stock of the Company (“Series Seed Preferred Stock”) set forth opposite such Purchaser’s name on Schedule 1, at a purchase price per share equal to the Purchase Price.

Appears in 1 contract

Samples: Series Seed Preferred Stock Investment Agreement

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