Sale and Issuance of Stock. (a) The Company agrees to issue and sell to the Investors, and the Investors agree to purchase from the Company, $5,500,000 of Common Stock at the IPO Price, with each Investor purchasing Common Stock in a dollar amount equal to the Respective Investment Amount opposite such Investor’s name on Schedule 1 to this Agreement. The respective number of shares of Common Stock to be sold by the Company and purchased by each Investor hereunder (collectively, the “Shares”) shall equal the number of shares determined by dividing the Respective Investment Amount opposite such Investor’s name on Schedule 1 hereto by the IPO Price (rounded down to the nearest whole share). Payment of the purchase price (which shall be equal to the total number of Shares to be purchased by an Investor, as calculated pursuant to the immediately preceding sentence, multiplied by the IPO Price) for the Shares (the “Purchase Price”) shall be made at the time of the closing of the IPO by wire transfer of immediately available funds to the account specified in writing by the Company to the Investors, subject to the satisfaction of the conditions set forth in this Agreement. Payment of the Purchase Price for the Shares shall be made against delivery to the Investors of the Shares, which Shares shall be uncertificated and shall be registered in the names of the Investors on the books of the Company by the Company’s transfer agent.
(b) The closing of the sale and purchase of the Shares (the “Closing”) will take place at the offices of Xxxxxxx Coie LLP, 0000 Xxxxx Xxxxxx, Xxxxx 0000, Xxxxxxx, XX 00000 concurrently with the closing of the IPO.
Sale and Issuance of Stock. The Company agrees to issue and sell to the Investors, and the Investors agree to purchase from the Company, $12,000,000 of Common Stock at the IPO Price, with each Investor purchasing Common Stock in a dollar amount equal to the Respective Investment Amount set forth opposite such Investor’s name on Exhibit A attached hereto. The respective number of shares of Common Stock to be sold by the Company and purchased by each Investor hereunder (collectively, the “Shares”) shall equal the number of shares determined by dividing the Respective Investment Amount opposite such Investor’s name on Exhibit A attached hereto by the IPO Price (rounded down to the nearest whole share). Payment of the purchase price (which shall be equal to the total number of Shares to be purchased by an Investor, as calculated pursuant to the immediately preceding sentence, multiplied by the IPO Price) for the Shares (the “Purchase Price”) shall be made at the Closing (as defined below) by wire transfer of immediately available funds to the account specified in writing by the Company to the Investors, subject to the satisfaction of the conditions set forth in this Agreement. Payment of the Purchase Price for the Shares shall be made against delivery to the Investors of the Shares, which Shares shall be uncertificated and shall be registered in the names of the Investors on the books of the Company by the Company’s transfer agent.
Sale and Issuance of Stock. Subject to the satisfaction (or waiver) of the terms and conditions set forth in Section 4 below, the Company agrees to sell to each Purchaser, and each Purchaser, severally and not jointly, agree to purchase from the Company on the Closing Date (as defined below), the number of Common Shares as is set forth opposite such Purchaser’s name in column (4) on the Schedule of Purchasers (the “Closing”).
Sale and Issuance of Stock. Subject to the terms and conditions of this Agreement, the Company agrees to sell to the Investor and the Investor agrees to purchase from the Company the number of shares of the Company's Common Stock obtained by dividing $50,000,000 by 93% of the per share price paid by the public for the Company's Common Stock in the Company's IPO (the "Stock"), having the rights, preferences, privileges and restrictions set forth in the Certificate of Incorporation of the Company (the "Certificate") on file with the Delaware Secretary of State as of the Closing (as defined below).
Sale and Issuance of Stock. The Company agrees to issue and sell to the Investors, and the Investors agree to purchase from the Company, in the aggregate, $50.0 million of Common Stock (the “Investment Amount”) at the IPO Price pursuant to a private placement exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”), in accordance with Rule 506 of Regulation D promulgated under the Securities Act. The number of shares of Common Stock to be sold by the Company and purchased by the Investors hereunder (the “Shares”) shall equal the number of shares determined by dividing the Investment Amount by the IPO Price (rounded down to the nearest whole share). Payment of the purchase price (which shall be equal to the total number of Shares to be purchased by the Investors, as calculated pursuant to the immediately preceding sentence, multiplied by the IPO Price) for the Shares (the “Purchase Price”) shall be made at the Closing (as defined below) by wire transfer of immediately available funds to the account specified in writing by the Company to the Investors, subject to the satisfaction of the conditions set forth in this Agreement. Payment of the Purchase Price for the Shares shall be made against delivery to the Investors of the Shares, which Shares shall be uncertificated and shall be registered in the name of the applicable Investor on the books of the Company by the Company’s transfer agent. No later than two days prior to the Closing, the Investors shall deliver to the Company an updated Schedule A, setting forth the number of Shares to be purchased by each Investor and the corresponding portion of the Purchase Price to be paid by each such Investor in accordance with the terms of this Agreement.
Sale and Issuance of Stock. Subject to the terms and conditions of this Agreement, the Company agrees to sell to the Investor and the Investor agrees to purchase from the Company the number of shares of the Company's Common Stock indicated on Exhibit A hereto (the "Stock"), having the rights, preferences, privileges and restrictions set forth in the Second Amended and Restated Certificate of Incorporation of the Company (the "Restated Certificate") to be filed with the Delaware Secretary of State upon the Closing (as defined below), the form of which has been filed as Exhibit 3.2 to the Company's Registration Statement (the "Registration Statement") on Form S-1 (File No. 333-92545) for the Company's initial public offering (the "IPO").
Sale and Issuance of Stock. Subject to the terms and conditions of this Agreement, the Purchaser agrees to purchase at the Closing and the Company agrees to sell and issue to the Purchaser at the Closing, four hundred thousand (400,000) shares of Common Stock of the Company (“Shares”), for an aggregate purchase price of five hundred thousand dollars ($500,000). For the avoidance of doubt the shares of Common Stock issued to the Purchasers pursuant to this Agreement shall be referred to in this Agreement as the “Shares.”
Sale and Issuance of Stock. Subject to the terms and conditions of this Agreement, each Investor agrees to purchase at the Closing and the Company agrees to sell and issue to such Investor at the Closing that number of shares of the Company's Common Stock (the "Stock") set forth opposite such Investor's name on Schedule A hereto for the purchase price of $0.01 (1 cent) per share.
Sale and Issuance of Stock. Subject to the terms and conditions of this Agreement, the Company agrees to sell to the Investor and the Investor agrees to purchase from the Company such number of shares of Common Stock from the Company equal to One Million Dollars ($1,000,000) divided by the price per share offered to the public, less any underwriter discounts and commissions, in the Company's IPO (the "Stock"), having the rights, preferences, privileges and restrictions set forth in the form of Amended and Restated Certificate of Incorporation of the Company (the "Restated Certificate") to be filed with the Delaware Secretary of State prior to the Closing (as defined below).
Sale and Issuance of Stock. Subject to the terms and conditions of this Agreement, Invesco agrees to purchase at the Closing (as defined below), and the Company agrees to sell and issue to Invesco at the Closing, the Shares at a price of US$0.925 per share.