EXHIBIT 2.01
STOCK SALE AND PURCHASE AGREEMENT
Dated: June 6, 1997
Sigma 7 Corporation, a Delaware corporation, hereby sells to Intercell
Corporation, a Colorado corporation, Four Million, Five Hundred Thousand
(4,500,000) of the common shares of Sigma 7 Corporation and as full payment and
consideration received from Intercell Corporation acknowledges receipt of:
(a) Five Hundred Fifty Thousand Dollars ($550,000.00) cash for the
acquisition cost of the shares; and
(b) One Million, Nine Hundred and Eighty-Five Thousand, Four Hundred and
Nineteen Dollars and Eighty Cents ($1,985,419.80) by way of secured
loans.
Sigma 7 Corporation, by execution hereof appoints to its Board of Directors:
Xxxxxxx X. Xxxxx, Xxxx X. Xxxxx, Xxxx X. Xxxxxxxxx and Xxxxxxx Xxxxxx.
Sigma 7 Corporation acknowledges that as of this date, Sigma 7 Corporation has
Five Million (5,000,000) shares issued and outstanding, no preferred shares
outstanding, one (1) warrant for Fifty Thousand (50,000) shares, exercisable at
Ten Cents ($0.10) per share outstanding and that there are no other securities
of any type authorized, issued or outstanding.
INTERCELL CORPORATION SIGMA 7 CORPORATION
(A Colorado Corporation) (A Delaware Corporation)
By /s/ Xxxx X. Xxxxxxxxx By /s/ Xxx Xxxxxxxxx
------------------------------------ -------------------------------
Xxxx X. Xxxxxxxxx, President & Xxx Xxxxxxxxx, President
Chief Executive Officer