Transfer of Initial Shares. Seller hereby agrees to transfer immediately following the effectiveness of the Registration Statement (as defined in Section 4) the aggregated amount of 23,000 Ordinary Shares to the Buyers (collectively, the “Initial Shares”) as listed on the Schedule I attached hereto. The Buyers have agreed to pay the Seller an aggregate amount of approximately 400.00 , (the “Purchase Price”), in consideration of the transfer of the Initial Shares.
Transfer of Initial Shares. Seller hereby agrees to transfer immediately as of the date hereof 10,000 Ordinary Shares to the Buyer (the “Initial Shares”), and the Buyer have agreed to pay the Seller $145.00 (the “Purchase Price”), in consideration of the transfer of the Initial Shares.
Transfer of Initial Shares. Seller hereby transfers the aggregated amount of 350,000 Class A Common Stock to the Buyers (collectively, the “Initial Shares”) as listed on the Schedule I attached hereto. The Buyers have paid to the Seller an aggregate amount of $5,072.46, (the “Purchase Price”), in consideration of the transfer of the Initial Shares.
Transfer of Initial Shares. Subject to the satisfaction of conditions set forth under Section 7.2 of the Merger Agreement, upon the Closing, or in the event the Merger Agreement is terminated, upon the consummation of any other business combination (as defined in the Company’s Organizational Documents) (the “Business Combination”), (i) the Transferor shall transfer, assign and convey to the Transferee, the Transferee shall receive, and the Company shall cause Continental to record the transfer and delivery to the Transferee of, the Initial Shares free and clear of all Encumbrances (as defined below) and (ii) the Company shall (and shall cause Continental to) record such transfers in its books and records.
