SUBSCRIPTION, SALE AND PURCHASE OF THE COMMON SHARES. (a) Upon the terms and subject to the conditions of this Agreement, on the Closing Date (as hereinafter defined), the Company shall issue, sell and deliver to the Purchaser, and the Purchaser shall purchase and take from the Company, 500,000 Common Shares (the "SHARES"). (b) The purchase price for each Share shall be $16.
Appears in 3 contracts
Samples: Common Stock Purchase Agreement (Worldgate Communications Inc), Common Stock Purchase Agreement (Worldgate Communications Inc), Common Stock Purchase Agreement (Worldgate Communications Inc)
SUBSCRIPTION, SALE AND PURCHASE OF THE COMMON SHARES. (a) Upon the terms and subject to the conditions of this Agreement, on the Closing Date (as hereinafter defined), the Company shall issue, sell and deliver to the Purchaser, and the Purchaser shall purchase and take from the Company, 500,000 31,211 Common Shares (the "SHARES").
(b) The purchase price for each Share shall be $16.
Appears in 1 contract
Samples: Common Stock Purchase Agreement (Worldgate Communications Inc)
