Common use of Share Exchange Clause in Contracts

Share Exchange. At the Closing, the Acquiree shall sell, transfer, convey, assign and deliver shares of Acquiree Interests, representing 100% of the issued and outstanding shares of common stock of the Acquiree, to the Acquiror, and in consideration therefor the Acquiror shall issue a total of 1,020,000 fully paid and nonassessable shares of Acquiror Series A Preferred Stock or Acquiror Series B Preferred Stock convertible into Acquiror’s Common Stock, par value $0.001, (the “Acquiror Shares”) to the Acquiree Shareholders, as set forth beside the name of each such Acquiree Shareholder on Schedule I hereto (the “Share Exchange”).

Appears in 1 contract

Samples: Share Exchange Agreement (Gratitude Health, Inc.)

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Share Exchange. At the Closing, the Acquiree Shareholders shall sell, transfer, convey, assign and deliver shares of Acquiree InterestsCommon Stock (the “Acquiree Shares”), representing 100% of the issued and outstanding shares of common stock of the AcquireeAcquiree Common Stock, to the Acquiror, and in consideration therefor the Acquiror shall issue a total of 1,020,000 50,000,000 fully paid and nonassessable shares share of Acquiror Series A Preferred Common Stock or Acquiror Series B Preferred Stock convertible into Acquiror’s Common Stock, par value $0.001, (the “Acquiror Shares”) to the Acquiree Shareholders, as set forth beside the name of each such Acquiree Shareholder on Schedule I hereto (the “Share Exchange”).

Appears in 1 contract

Samples: Share Exchange Agreement (MORTGAGEBROKERS.COM Holdings, Inc.)

Share Exchange. At the Closing, the Acquiree Shareholders shall sell, transfer, convey, assign and deliver 170.14 shares of Acquiree InterestsCommon Stock (the “Acquiree Shares”), representing 100% all of the issued and outstanding shares of common stock of the AcquireeAcquiree Common Stock, to the Acquiror, and in consideration therefor therefor, subject to Section 2.2, the Acquiror shall issue a total an aggregate of 1,020,000 16,675,000 fully paid and nonassessable shares of Acquiror Series A Preferred Common Stock or Acquiror Series B Preferred Stock convertible into Acquiror’s Common Stock, par value $0.001, (the “Acquiror Shares”) to the Acquiree Shareholders, as Shareholders in the amounts set forth beside the name of each such Acquiree Shareholder on Schedule I hereto (the “Share Exchange”).

Appears in 1 contract

Samples: Share Exchange Agreement (AmpliTech Group, Inc.)

Share Exchange. At the Closing, the Acquiree shall sell, transfer, convey, assign and deliver shares of Acquiree Interests, representing 100% of the issued and outstanding shares of common stock of the Acquiree, to the Acquiror, and in consideration therefor the Acquiror shall issue a total of 1,020,000 38,624,768 fully paid and nonassessable shares share of Acquiror Series A Preferred Stock or Acquiror Series B Preferred Stock convertible into Acquiror’s Common Stock, par value $0.001, (the “Acquiror Shares”) to the Acquiree Shareholders, as set forth beside the name of each such Acquiree Shareholder on Schedule I hereto (the “Share Exchange”).

Appears in 1 contract

Samples: Share Exchange Agreement (Vapir Enterprises Inc.)

Share Exchange. At the Closing, the Acquiree Shareholders shall sell, transfer, convey, assign and deliver shares of Acquiree InterestsCommon Stock (the “Acquiree Shares”), representing 100% of the issued and outstanding shares of common stock of the AcquireeAcquiree Common Stock, to the Acquiror, and in consideration therefor the Acquiror shall issue a total of 1,020,000 40,000,000 fully paid and nonassessable shares share of Acquiror Series A Preferred Common Stock or Acquiror Series B Preferred Stock convertible into Acquiror’s Common Stock, par value $0.001, (the “Acquiror Shares”) to the Acquiree Shareholders, as set forth beside the name of each such Acquiree Shareholder on Schedule I hereto (the “Share Exchange”).

Appears in 1 contract

Samples: Share Exchange Agreement (China Teletech Holding Inc)

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Share Exchange. At the Closing, the Acquiree Shareholders shall sell, transfer, convey, assign and deliver 1,229 shares of Acquiree InterestsCommon Stock (the “Acquiree Shares”), representing 100% all of the issued and outstanding shares of common stock of the AcquireeAcquiree Common Stock, to the Acquiror, and in consideration therefor therefor, subject to Section 2.2, the Acquiror shall issue a total an aggregate of 1,020,000 122,900,000 fully paid and nonassessable shares of Acquiror Series A Preferred Common Stock or Acquiror Series B Preferred Stock convertible into Acquiror’s Common Stock, par value $0.001, (the “Acquiror Shares”) to the Acquiree Shareholders, as Shareholders in the amounts set forth beside the name of each such Acquiree Shareholder on Schedule I hereto (the “Share Exchange”).

Appears in 1 contract

Samples: Share Exchange Agreement (Anpulo Food, Inc.)

Share Exchange. At the Closing, the Acquiree Shareholders shall sell, transfer, convey, assign and deliver shares of Acquiree InterestsCommon Stock (the “Acquiree Shares”), representing 100% of the issued and outstanding shares of common stock of the AcquireeAcquiree Common Stock, to the Acquiror, and in consideration therefor the Acquiror shall issue a total of 1,020,000 9,333,332 fully paid and nonassessable shares share of Acquiror Series A Preferred Common Stock or Acquiror Series B Preferred Stock convertible into Acquiror’s Common Stock, par value $0.001, (the “Acquiror Shares”) to the Acquiree Shareholders, as set forth beside the name of each such Acquiree Shareholder on Schedule I hereto (the “Share Exchange”).

Appears in 1 contract

Samples: Share Exchange Agreement (Moving Box Inc)

Share Exchange. At the Closing, the Acquiree Shareholders shall sell, transfer, convey, assign and deliver shares of Acquiree InterestsCommon Stock (the “Acquiree Shares”), representing 100not less than 70% of the issued and outstanding shares of common stock of the AcquireeAcquiree Common Stock, to the Acquiror, and in consideration therefor the Acquiror shall issue a total of 1,020,000 one (1) fully paid and nonassessable shares share of Acquiror Series A Preferred Common Stock or Acquiror Series B Preferred Stock convertible into Acquiror’s Common Stock, par value $0.001, (the “Acquiror Common Shares”) to the each Acquiree ShareholdersShareholder for each lot of ten (10) Acquiree Shares held by such Acquiree Shareholder, as set forth beside the name of each such Acquiree Shareholder on Schedule I hereto (the “Share Exchange”).

Appears in 1 contract

Samples: Share Exchange Agreement (RPM Dental, Inc.)

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