Transfer of Shares of Stock. The Company shall cause any shares of Stock which Employee has a right to receive under § 3 (subject to applicable tax withholdings effected in accordance with Section 16 of the Plan) to be transferred to Employee on the Company’s books and records and delivered to Employee w i t hi n s ix t y (60) da y s after the date on which he or she has the right to receive such shares, the specific date of such transfer, to be determined by the Committee During the period Employee is employed by the Company or a Subsidiary, shares received by an Employee under this Agreement, as well as any other Company shares owned by Employee, will be subject to certain trading "blackout" periods (which prohibit the sale or purchase of Company shares). Blackout periods can relate to the announcement of Company earnings or any other material, non-public information. Additionally, shares held by Employees may be subject to 'lock-up' agreements (which will prohibit the sale by Employees of Company stock for specified periods) as part of offerings of new Company shares on a public exchange.
Transfer of Shares of Stock. The Company shall cause any shares of Stock which Employee has a right to receive under § 3 (subject to applicable tax withholdings effected in accordance with Section 16 of the Plan) to be transferred to Employee on the Company’s books and records and delivered to Employee as soon as practicable after the date on which he or she has the right to receive such shares. Pending any such transfer, any claim by Employee with respect to such shares of Stock shall have the same status as a claim by a general and unsecured creditor of the Company for the payment of deferred compensation. During the period the Employee is employed by the Company or a Subsidiary, shares received by an Employee under this Deferred Stock Award Agreement, as well as any other Company shares owned by the Employee, will be subject to certain trading “blackout” periods (which prohibit the sale or purchase of Company shares). Blackout periods can relate to the announcement of Company earnings or any other material, non-public information. Additionally, shares held by Employees may be subject to ‘lock-up’ agreements (which will prohibit the sale by Employees of Company stock for specified periods) as part of offerings of new Company shares on a public exchange. The shares of stock received by Employee under this Deferred Stock Award Agreement are subject to an initial lock-up period which prohibits the sale of these shares by the Employee (or his or her heirs) until the earlier of the following events occur: 1) six months after the initial public offering of the Company’s stock on a national public exchange, 2) the liquidation of the Company’s assets, or 3) a Change of Control (as defined in the Plan). The Company reserves the right to specify other blackout periods or lock-up periods; however, the Employee should never trade shares of the Company’s stock when in possession of material non-public Company information.
Transfer of Shares of Stock. Pursuant to the terms of the Option Agreement, on the Effective Date, in exchange for $50,000 cash, the Stockholder shall grant and each Optionee shall acquire, the Option(s), whereby during the Exercise Periods described below, each Optionee will be provided the opportunity to exercise such Option(s) and purchase the Stockholder's shares of common stock of PR Specialists in exchange for cash consideration, all pursuant to the terms and conditions set forth below.
Transfer of Shares of Stock. Pursuant to the terms of the Option Agreement, on the Effective Date, in exchange for $50,000 cash, the Stockholder shall grant and each Optionee shall acquire, the Option(s), whereby during the Exercise Periods described below, each Optionee will be provided the opportunity to exercise such Option(s) and purchase the Stockholder's shares of common stock of PR Specialists in exchange for cash consideration, all pursuant to the terms and conditions set forth below. Pursuant to the terms of the Option Agreement, the Optionee (or his agent) agrees to deliver to the Stockholder (or his agent) all of the consideration set forth next to such Optionee's name. Also, pursuant to the terms of the Option Agreement, the Stockholder (or his agent) agrees to deliver to the Optionee (or his agent) the Stockholder's original PR Specialists common stock share certificates, along with any necessary stock transfer stamps and duly executed stock powers in a form satisfactory to the Optionee (or his agent). Name and Address No of shares of Per Share Total Exercise Period of Optionee Stockholder's Consideration Consideration From-To PR Specialists to be Paid to be Paid common stock Upon Exercise Upon Full under Option Option $ Exercise of Option $ ------------------------------------------------------------------------------------------------------- Barry Kaplan 61,224 $0.10 $6,122.40 5/1/02-7/5/02 934 N. University 00,004 $0.10 $6,122.40 7/6/02-8/5/02 Drive, #158 61,224 $0.10 $6,122.40 8/6/02-9/5/02 Coral Sprixxx, XX 00,004 $0.10 $6,122.40 9/6/02-10/6/02 33071 61,224 $0.10 $6,122.40 10/7/02-11/6/02 61,224 $0.10 $6,122.40 11/7/02-12/7/02 61,227 $0.10 $6,122.70 12/8/02-1/7/03 ------------------------------------------------------------------------------------------------------- Andrew W. Gelman 00,024 $0.10 $6,122.40 5/1/02-7/5/02 728 NW 177 Avenue 00,004 $0.10 $6,122.40 7/6/02-8/5/02 Pembroke Pines, FL 61,224 $0.10 $6,122.40 8/6/02-9/5/02 33029 61,224 $0.10 $6,122.40 9/6/02-10/6/02 61,224 $0.10 $6,122.40 10/7/02-11/6/02 61,224 $0.10 $6,122.40 11/7/02-12/7/02 61,227 $0.10 $6,122.70 12/8/02-1/7/03 ------------------------------------------------------------------------------------------------------- Jeffrey C. Taylor 00,004 $0.10 $6,122.40 5/1/02-7/5/02 90 Edgewater Dr., PH24 00,000 $0.10 $6,122.40 7/6/02-8/5/02 Coral Gables, FL 33133 00,000 $0.10 $6,122.40 8/6/02-9/5/02 61,224 $0.10 $6,122.40 9/6/02-10/6/02 61,224 $0.10 $6,122.40 10/7/02-11/6/02 61,224 $0.10 $6,122.40 11/7/02-12...
Transfer of Shares of Stock. Pursuant to the terms of the Agreement and Plan of Share Exchange, at the Effective Time, all of the shareholders of Seller shall exchange all of their common stock of Seller for 8,675,000 shares of common stock of Buyer. Buyer (or its agent) agrees to deliver to each Shareholder (or his agent) common stock share certificates representing the number of shares of Buyer in the specific amounts set forth next to such Shareholder's names.
Transfer of Shares of Stock. Pursuant to the terms of the Share Exchange Agreement, on the Closing Date, the Shareholders shall exchange all 425,000 shares of their common stock of Seller for 3,000,000 shares of Series A Preferred Stock of Buyer. Accordingly, each Shareholder (or his agent) agrees to deliver to the Buyer (or its agent) his original common stock share certificate(s) (in the specific amounts set forth next to such Shareholder's names), along with any necessary stock transfer stamps and duly executed stock powers in a form satisfactory to Buyer (or its agent); and Buyer (or its agent) agrees to deliver to each Shareholder (or his agent) Series A Preferred Stock share certificates representing the number of shares of Buyer in the specific amounts set forth next to such Shareholder's names. -------------------------------------------------------------------------- Name of Shareholder No. of Shares of Common No. of Shares of Stock to be Delivered Series A Preferred by Shareholder Stock to be Issued to Shareholder -------------------------------------------------------------------------- Justin Di Norscia, Jr. 000,000 1,500,000 Diane Di Norscia 000,000 1,500,000 -------------------------------------------------------------------------- Total 425,000 3,000,000 --------------------------------------------------------------------------
Transfer of Shares of Stock. Pursuant to the terms of the Share Exchange Agreement, on the Closing Date, the (i) I1 Connect Shareholders shall exchange all 2,504,000 shares of their common stock of I1 Connect for 2,504,000 shares of Common Stock of the Company, which constitutes a 1:1 basis; (ii) I1 Films Shareholders shall exchange all 176,000 shares of their common stock of I1 Films for 176,000 shares of Common Stock of the Company, which constitutes a 1:1 basis; and (iii) Imperiali Telecom Shareholders shall exchange all 2,000 shares of their common stock of Imperiali Telecom for 2,000 shares of Common Stock of the Company, which constitutes a 1:1 basis. Accordingly, each Shareholder agrees to deliver to the Company his original common stock share certificate(s) (in the specific amounts set forth next to such Shareholder’s names), along with any necessary stock transfer stamps and duly executed stock powers in a form satisfactory to Company; and Company agrees to deliver to each Shareholder Common Stock share certificates representing the number of shares of Company in the specific amounts set forth next to such Shareholder’s name. XXXXXX, XXXX 20,000 - - 20,000 XXXX, XXXX 10,000 - - 10,000 XXXX, XXXXX A 2,500 5,000 2,000 9,500 XXXX, XXXXXXX 2,500 - - 2,500 XXXXX, XXXXXX 5,000 - - 5,000 XXXXX, XXXX 20,000 - - 20,000 XXXXXXXX, XXXXXXX 15,000 20,000 - 35,000 XXX, XXXXXXX E 25,000 6,000 - 31,000 CRISI, _____ 1,000 - - 1,000 FORT XXXXX WASTE PAPER COMPANY BROKERS-GRADERS AND PACKERS OF WASTE PAPER 1,000,000 - - 1,000,000 XXXXXXX, XXXX X & XXXXX 80,000 - - 80,000 XXXXXXXX, XXX 40,000 - - 40,000 XXXXXXXX, Z. 2,500 - - 2,500 XXXXXX, XXXX 2,500 - - 2,500 HAMBURGER, JULIAN 10,000 - - 10,000 HANDY, XXX X. 30,000 10,000 - 40,000 XXXXXXX, XXXX & XXXXXXX X. 216,000 - - 216,000 XXXXXXXXXXXXXX, XXXX & XXXX 3,000 - - 3,000 XXXXXX, XXXXXX & XXXXX X. 60,000 - - 60,000 XXXXXXX, XXXX X 20,000 - 20,000 XXXXX, XXXXX HAYWOED 30,000 - - 30,000 XXXXXXX, XXXXXXX S 50,000 - - 50,000 LONG, M.B. 650,000 - - 650,000 MAIN, XXXXX R 20,000 - - 20,000 MCLANSEY, XXXX X. XX. 38,000 - - 38,000 XXXXX, X.X. 5,000 - - 5,000 XXXXXX, XXXX 2,500 5,000 - 7,500 XXXX, ____ 2,000 - - 2,000 XXXXXXXXX, XXXX B & XXXXXXXXX 5,000 - - 5,000 XXXXXXXXXX, XXXX 4,000 - - 4,000 XXXXXXXXX, XXXXXXX X. 10,000 - - 10,000 XXXXXXX, XXXXXX X. OR XXXXX - 30,000 - 30,000 XXXXXXXXX, XXXXX 5,000 - - 5,000 XXXXXXX, XXXXXX 100,000 - - 100,000 XXXXX, XXXXXX W 10,000 - - 10,000 WAYLONIS, J. XXXXXX 5,000 100,000 - 105,000 XXXXXX, XXXXX 2,500 - - 2,500 TO...
Transfer of Shares of Stock. Shares of Stock of the Company shall be transferred on the books of the Company only by the holder thereof, or by his or her duly authorized representative, upon surrender of the certificate of a like number of Shares of Stock properly endorsed.
Transfer of Shares of Stock. Pursuant to the terms of the Agreement and Plan of Share Exchange, on the Closing Date, all of the shareholders of Seller shall exchange all of their stock of Seller for 10,000,000 shares of Buyer. Accordingly, each Shareholder (or his agent) agrees to deliver to the Buyer (or its agent) his original Seller common stock share certificate(s) (in the specific amounts set forth next to such Shareholder's names), along with any necessary stock transfer stamps and duly executed stock powers in a form satisfactory to Buyer (or its agent); and Buyer (or its agent) agrees to deliver to each Shareholder (or his agent) common stock share certificates representing the number of shares of Buyer in the specific amounts set forth next to such Shareholder's names. ------------------------------------------------------------------------------------------- Name of Selling Shareholder No. of Seller's Shares No. of Buyer's shares to to be transferred to be transferred to Selling Buyer Shareholder ------------------------------------------------------------------------------------------- Barry Kaplan 934 N. Univerxxxx Xxxxx, #000 Xxxxx Xxxxxxx, XX 00000 00 200,000 ------------------------------------------------------------------------------------------- American Pension Services / FUB Custodian for Barry Kaplan IRA 934 N. Unxxxxxxxx Xxxvx, #000 Xxxxx Xxxxxxx, XX 00000 00 250,000 ------------------------------------------------------------------------------------------- Mid Ohio Securities Custodian for Jacqueline Kaplan IRA 341100000 000 X. Xxxxexxxty Drive, #000 Xxxxx Xxxxxxx, XX 00000 00 150,000 ------------------------------------------------------------------------------------------- JGL, Inc. 6740 West Commercial Blvd. Xx. Xxxxxxxxxx, XX 00000 00 250,000 ------------------------------------------------------------------------------------------- Timothy Troy 1152 Severnvixx Xxxxx Xxxwxxxxxxx, XX 00000 0 50,000 ------------------------------------------------------------------------------------------- David M. Bovi, P.A., Trustxx xxx Xxxxxx Strauss 319 Clematix Xxxxxx, Xxxxe 000 Xxxx Xxxx Xxxxx, Xxxxxxx 00000 00 100,000 ------------------------------------------------------------------------------------------- John Randolph Collins 209 Xxxxxx Xxxx 000 Xxxxxaxx Xxxx, XX 00000 0.0 35,000 ------------------------------------------------------------------------------------------- Linda & Mark Klein JTROS 80 Xxxltox Xxxx. Xxst Brunxxxxx, XX 00000 0 20,000 ---------------------...
Transfer of Shares of Stock
