Common use of Share Exchange Procedure Clause in Contracts

Share Exchange Procedure. On Closing, each Selling Shareholder will exchange his, her or its certificate representing the Priveco Shares by delivering such certificate to Pubco duly executed and endorsed in blank (or accompanied by duly executed stock powers duly endorsed in blank), in each case in proper form for transfer, with signatures guaranteed, and, if applicable, with all stock transfer and any other required documentary stamps affixed thereto and with appropriate instructions to allow the transfer agent to issue certificates for the Pubco Shares to the holder thereof together with a filled in and executed Schedule 2.

Appears in 3 contracts

Samples: Share Exchange Agreement (Source Petroleum Inc.), Share Exchange Agreement (Swav Enterprises Ltd.), Share Exchange Agreement (Upstream Biosciences Inc.)

AutoNDA by SimpleDocs

Share Exchange Procedure. On Closing, each Each Selling Shareholder will exchange his, her or its his certificate representing the Priveco RAVEN Shares by delivering such certificate to Pubco PubCo duly executed and endorsed in blank (or accompanied by duly executed stock powers duly endorsed in blank), in each case in proper form for transfer, with signatures guaranteed, and, if applicable, with all stock transfer and any other required documentary stamps affixed thereto and with appropriate instructions to allow the transfer agent to issue certificates for the Pubco PubCo Shares to the holder thereof together with a filled in and executed Schedule 2thereof.

Appears in 1 contract

Samples: Share Exchange Agreement (Raven Biofuels International Corp)

AutoNDA by SimpleDocs

Share Exchange Procedure. On Closing, each Each Selling Shareholder will may exchange his, her or its certificate representing the Priveco Shares by delivering such certificate to Pubco duly executed and endorsed in blank (or accompanied by duly executed stock powers duly endorsed in blank), in each case in proper form for transfer, with signatures guaranteed, and, if applicable, with all stock transfer and any other required documentary stamps affixed thereto and with appropriate instructions to allow the transfer agent to issue certificates for the Pubco Shares to the holder thereof together with a filled Regulation S Investment Letter, a copy of which is set out in and executed Schedule 23.

Appears in 1 contract

Samples: Share Exchange Agreement (Lamperd Less Lethal Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!