Common use of The Consideration Clause in Contracts

The Consideration. 1.1 Subject to the conditions set forth herein, on the "Closing Date" (as herein defined), SELLERS shall sell or cause to be delivered for sale and PURCHASER shall purchase 225,000 common shares of JNS common stock (post reverse split one for one hundred). The transactions contemplated by this Agreement shall be completed at a closing ("Closing") on a closing date ("Closing Date") on or before March 10, 1999. The purchase price for the JNS shares to be paid by PURCHASER to SELLERS is $125,000 which shall be delivered at closing. On the Closing Date, all of the documents to be furnished pursuant to this Agreement shall be delivered to M.A. Xxxxxxx, to be held in escrow until all closing conditions hereunder have been met or the date of termination of this Agreement, but no longer than 3 days after closing date, whichever first occurs, and thereafter shall be promptly distributed to the parties as their interests may appear. 1.2 Concurrent with the execution hereof, PURCHASER shall deposit or cause to be deposited as consideration for this Agreement and the share purchase, the sum of $125,000 which shall be paid into escrow with M. A. Xxxxxxx for delivery to SELLERS upon receipt of the 225,000 shares (post reverse split one for one hundred) of JNS common stock and satisfaction of all other conditions of this Agreement.

The Consideration. 1.1 Subject to the conditions set forth herein, herein on the "Closing Date" (as herein defined), SELLERS SELLER shall sell or cause to be delivered for sale and PURCHASER BUYER shall purchase 225,000 672,000 common shares of JNS IEI common stock (post reverse split one for one hundred)stock. The transactions contemplated by this Agreement shall be completed at a closing ("Closing") on a closing date ("Closing Date") on or before March 105, 19992000. The purchase price for the JNS IEI shares to be paid by PURCHASER BUYER to SELLERS is $150,000, $25,000 of which is paid herewith and $125,000 which shall be delivered at closing. On the Closing Date, all of the documents to be furnished pursuant to this Agreement Agreement, including the documents to be furnished pursuant to Article VI of this Agreement, shall be delivered to M.A. XxxxxxxLittman, to be held in escrow until escrox xxxxx all closing conditions hereunder have been met or the date of termination of this Agreement, but no longer than 3 days 1 day after closing date, whichever first occurs, and thereafter shall be promptly distributed to the parties as their interests may appear. 1.2 Concurrent with the execution hereof, PURCHASER BUYER shall deposit or cause to be deposited with M.A. Littman as consideration a non-refundable xxxxxxeration for this Agreement and agreement, the share purchasesum of $25,000. Further, the sum of $125,000 which shall be paid into escrow with M. A. Xxxxxxx at closing for delivery to SELLERS upon receipt of the 225,000 shares (post reverse split one for one hundred672,000) of JNS IEI common stock, constituting 100% of the outstanding common stock and satisfaction of all other conditions of this AgreementIEI.

The Consideration. 1.1 Subject to the conditions set forth herein, herein on the "Closing Date" (as herein defined), SELLERS shall sell or cause to be delivered for sale and PURCHASER BUYER shall purchase 225,000 672,000 common shares of JNS MM common stock (post reverse split one for one hundred)stock. The transactions contemplated by this Agreement shall be completed at a closing ("Closing") on a closing date ("Closing Date") on or before March 10April 14, 19992000. The purchase price for the JNS MM shares to be paid by PURCHASER BUYER to SELLERS is $150,000, $25,000 of which is paid herewith and $125,000 in the form of a promissory note secured by a pledge of the stock, which shall be delivered at closingpaid three days after closing hereunder. On the Closing Date, all of the documents to be furnished pursuant to this Agreement Agreement, including the documents to be furnished pursuant to Article VI of this Agreement, shall be delivered to M.A. Xxxxxxx, to be held in escrow until all closing conditions hereunder have been met or the date of termination of this Agreement, but no longer than 3 days 1 day after closing date, whichever first occurs, and thereafter shall be promptly distributed to the parties as their interests may appear. 1.2 a. Concurrent with the execution hereof, PURCHASER BUYER shall deposit or cause to be deposited with M.A. Xxxxxxx as a non-refundable consideration for this Agreement and agreement, the share purchasesum of $25,000. Further, the sum of $125,000 which shall be paid into escrow with M. A. Xxxxxxx via a promissory note delivered at closing for delivery to SELLERS upon receipt for which the shares (672,000) of MM common stock, constituting all of the 225,000 shares (post reverse split one for one hundred) of JNS outstanding common stock and satisfaction of all other conditions of this AgreementMM shall be pledged as collateral until the note is paid. The note shall be due in three days or upon any merger which ever is earlier.

The Consideration. 1.1 Subject to the conditions set forth herein, on the "Closing Date" (as herein defined), SELLERS SELLER shall sell or cause to be delivered for sale and PURCHASER shall purchase 225,000 60,000,000 common shares of JNS common stock (post pre-reverse split of one for one two hundred)) of KDC common stock. The transactions contemplated by this Agreement shall be completed at a closing ("Closing") on a closing date ("Closing Date") on or before March 10December 18, 19991998. The purchase price for the JNS KDC shares to be paid by PURCHASER to SELLERS SELLER is $125,000 50,000 which shall be delivered at closing. On the Closing Date, all of the documents to be furnished pursuant to this Agreement shall be delivered to M.A. Xxxxxxx, to be held in escrow until all closing conditions hereunder have been met or the date of termination of this Agreement, but no longer than 3 days after closing date, whichever first occurs, and thereafter shall be promptly distributed to the parties as their interests may appear. 1.2 Concurrent with the execution hereof, PURCHASER shall deposit or cause to be deposited as consideration for this Agreement and the share purchase, the sum of $125,000 50,000 which shall be paid into escrow with M. A. Xxxxxxx for delivery to SELLERS SELLER upon receipt of the 225,000 60,000,000 shares (post pre-reverse split of one for one two hundred) of JNS KDC common stock and satisfaction of all other conditions of this Agreement.