Sale of the Common Stock Sample Clauses

Sale of the Common Stock. Concurrently herewith, the Company is issuing to Duke an aggregate of ( ) shares of the Company’s Common Stock, par value $.001 per share (the “Shares”), in consideration for the license to the Company of the Licensed Technology pursuant to the License Agreement and is delivering to each of Duke a stock certificate registered in such name evidencing the number of shares of the Shares being acquired by Duke as more specifically described on the signature page hereto, the receipt of which stock certificates and the execution and delivery by the Company of the License Agreement are hereby acknowledged by each of Duke. Concurrently herewith, Duke has executed and delivered to the Company the License Agreement, receipt of which is hereby acknowledged by the Company.

Sale of the Common Stock. Subject to the terms and conditions hereof, ------------------------ and provided that the Purchaser remains a Director of the Company, the Company will sell to the Purchaser, and the Purchaser will purchase from the Company, ten thousand (10,000) shares of Common Stock at a purchase price (the "Purchase Price") of $3.00 per share, or a total of $30,000.

Sale of the Common Stock. Subject to the terms and conditions of this Agreement, at the Closing (as defined in Section 2 below) Company will sell and issue to Purchaser, and Purchaser will acquire, 198,413 shares of Common Stock for $500,000 (or $2.52 per share) (the "Common Stock Purchase Price").

Sale of the Common Stock. (a) Subject to the terms and conditions of this Agreement, the Company shall issue and sell to the Investor and the Investor shall purchase from the Company that number of shares of common stock (the “Shares”), par value $0.001 per share of the Company (the “Common Stock”) equal to the quotient obtained by dividing (i) Five Million U.S. Dollars (US$5,000,000) (the “Purchase Price”) by (ii) the Share Price determined in accordance with Section 1.1(b) below.

Sale of the Common Stock. Concurrently herewith, the Company is selling to the Purchaser [ * ] shares of the Company’s Common Stock (the “Shares”) as partial payment off a license fee due to Purchaser under Section 3.4 of the License Agreement, and is delivering a stock certificate registered in the Purchaser’s name to the Purchaser representing the Shares, the receipt of which is hereby acknowledged.

Sale of the Common Stock. In consideration of the issuance and sale of the Buyer Shares and in reliance on the representations, warranties and undertakings of Buyer herein, Seller shall sell and transfer to Buyer on the Closing Date, and Buyer shall purchase from Seller, the Common Stock, free and clear of all liens, claims, pledges, charges, agreements, and encumbrances of any kind whatsoever ("Liens"). In consideration of the transfer and sale of the Common Stock to Buyer and in reliance on the representations, warranties and undertakings of Seller herein contained, Buyer shall sell and issue to Seller, on the Closing Date, and Seller shall purchase from Buyer, the Buyer Shares free and clear of all Liens.

Sale of the Common Stock. In consideration of the issuance and sale of the HBDB Shares and in reliance on the representations, warranties and undertakings of HBDB herein, Seller shall sell and transfer to HBDB on the Closing Date, and HBDB shall purchase from Seller, the Common Stock, free and clear of all liens, claims, pledges, charges, agreements, and encumbrances of any kind whatsoever ("Liens"). In consideration of the transfer and sale of the Common Stock to HBDB and in reliance on the representations, warranties and undertakings of Seller herein contained, HBDB shall sell and issue to Seller, on the Closing Date, and Seller shall purchase from HBDB, the HBDB Shares free and clear of all Liens.

Sale of the Common Stock. Seller shall have delivered to Purchaser the Common Stock in the amounts and as otherwise provided herein.