Common use of Transfer of the Founder Shares Clause in Contracts

Transfer of the Founder Shares. (a) Transferor hereby transfers (the “Transfer”) to Transferee such number of shares of the Company’s common stock (the “Shares”) set forth on Annex A hereto opposite its name against the simultaneous delivery by wire transfer to an account previously specified in writing by Transferor to Transferee of the consideration specified in such Annex A.

Appears in 5 contracts

Samples: Share Sale Agreement (Bright Elite Management LTD), Share Sale Agreement (Bright Elite Management LTD), Share Sale Agreement (Thousand Space Holding LTD)

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Transfer of the Founder Shares. (a) Each Transferor hereby transfers (the “Transfer”) to Transferee such number of their shares of the Company’s common stock (the “Founder Shares”) set forth on Annex A hereto opposite its name against the simultaneous delivery by wire transfer to an account previously specified in writing by Transferor to Transferee of the their respective names thereon for good and valuable consideration specified in such Annex A.already received.

Appears in 1 contract

Samples: Holders Share Sale Agreement (Starr International Co Inc)

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