SHARE EXCHANGE AGREEMENT between ON2 TECHNOLOGIES, INC. (the “Company”) and NEXIT VENTURES OY as the Authorized Representative of Each of the Holders of the Outstanding Hantro Shares of any Series of the Share Capital of Hantro Products Oy and of Each...Share Exchange Agreement • May 22nd, 2007 • On2 Technologies, Inc. • Services-prepackaged software
THIS SHARE EXCHANGE AGREEMENT (the “Agreement”), made as of this 21st day of May, 2007 (the “Execution Date”), by and between On2 Technologies, Inc., a Delaware corporation (the “Company”) and the persons listed in Exhibit C, being all of the holders of the outstanding shares of any series of the share capital of Hantro Products Oy and of the outstanding options granted under any of the existing option schemes of Hantro Products Oy (“Hantro”), a corporation formed and existing under the laws of Finland, such holders being represented by Nexit Ventures Oy as the authorized representative (the “Authorized Representative”). Unless otherwise expressly provided in this Agreement, capitalized terms used in this Agreement shall have the definitions set forth in Exhibit A.
