Examples of Equity Exchange Agreement in a sentence
On July 31, 2018, the Company entered into a Contribution and Equity Exchange Agreement with the shareholders of Precision and VG whereby the Company acquired all of the issued and outstanding shares of Precision and VG for the issuance of 35,000,000 common shares of the Company.
On July 24, 2007, Mr Chen Hanwen entered an Equity Exchange Agreement to transfer his 3.33% interest in the Company to Mr Renzheng Qiu and his 28.33% interest in the Company to Mr Bin Luo, respectively.
On May 30, 2007, Mr Hongde Chen entered an Equity Exchange Agreement to transfer his 34.77% interest in the Company to Mr Chen Hanwen.
On April 18, 2007, Shenzhen Shunda Solar Energy Co. entered an Equity Exchange Agreement to transfer its interest of 0.23% in the Company to Mr Chen Hanwen.
The interests would go to a new CCGI subsidiary, 350 Holdings.CCGI, 350 Holdings, 350 Green, and the 350 Green members entered into an Equity Exchange Agreement with an “Effective Date” of March 8, 2013.
Effective January 15, 2021, the Company, through its subsidiary MXY License Holdings, LLC, entered into an Equity Exchange Agreement to sell 49% of its equity interest in its wholly owned subsidiary Pure UT LLC (“Pure Utah”) to Deseret Wellness, LLC, (“Buyer”) for a cash consideration of $1,750,000 and a 5% equity interest in the Buyer, with a fair value of $500,000 (Note 10).
During November of 2008, the Company and CruiseCam International (CCMC) entered into a Strategic Cross Marketing and Equity Exchange Agreement, whereby the Company and (CCMC) each exchanged 10,000,000 shares of Common Stock, each with the other.
During September of 2008, the Company and Media Technics Corporation (MEDT) entered into a Cross Marketing Agreement, and then on October 27, 2008, The agreement was replaced with a new Strategic Cross Marketing and Equity Exchange Agreement (the “Agreement”).
On November 3, 2010, the Company announced that it had entered into an Equity Exchange Agreement with Select Medical Corporation under which the Company agreed to exchange its 60-bed inpatient rehabilitation hospital in Miami (the “Miami hospital”) for Select’s 70-bed long-term acute care hospital in northwest Indiana (the “Northwest Indiana LTACH”).
The Shares issued following the vesting and settlement of RSUs under this Agreement will be subject to the Equity Exchange Agreement.