Examples of Exchanged Stock in a sentence
At the Closing, Employer shall deliver an original stock certificate to Employee representing the Issued Stock and in exchange therefore, Employee shall deliver or cause to be delivered to Employer an original stock certificate or certificates representing the Exchanged Stock, along with duly executed stock powers.
The consummation of this Agreement and the transactions herein contemplated, including the issuance of the Exchanged Stock to the shareholders of CTI as contemplated hereby, constitutes the offer, and sale of securities under the Securities Act and applicable state statutes.
The shares of Exchanged Stock issued pursuant to this Section and the merger shall be, when issued, legally issued, fully paid, and non-assessable.
The obligations of Wxxxxxxx hereunder to exchange and deliver the certificate(s) representing the Exchanged Stock to Eurotech at the Closing is subject to the satisfaction, at or before the Closing Date of each of the following conditions, provided that these conditions are for Wxxxxxxx'x sole benefit and may be waived by Wxxxxxxx at any time in its sole discretion.
Upon the terms and subject to the conditions set forth herein, at the Closing, as defined below, Employer shall issue to Employee, the Issued Stock in exchange for the Exchanged Stock.
The consummation of this Agreement and the transactions herein contemplated, including the issuance of the Exchanged Stock to the Shareholder of Sun East as contemplated hereby, constitutes the offer and sale of securities under the Securities and Exchange Act and applicable state statutes.
Subject to all the terms and conditions of this Agreement, all of the OASIS Common Stock outstanding on the date of closing, as defined later in this Agreement, shall be converted into 3,010,000 shares of FLEX Common Stock (the "Exchanged Stock" or "Exchanged Shares").
At Closing, the Exchanged Stock shall be issued to the OASIS stockholders (the "OASIS Stockholders" or "OASIS Shareholders") thereof in proportion to their interests as they appear on the books and records of OASIS (Exhibit "B") and the OASIS Stockholders shall surrender to FLEX, the certificates representing the OASIS Common Stock which shall be canceled, and all rights in respect thereof shall cease.
In consideration of the mutual benefits to be gained by the parties hereto pursuant to the Exchange, at the Closing (as defined below), Wxxxxxxx agrees to exchange with Eurotech, and Eurotech agrees to exchange with Wxxxxxxx, respectively, the Exchanged Stock for the Series D Stock.
The consummation of this Agreement and the transactions herein contemplated, including the issuance of the Exchanged Stock to the shareholders of iExalt as contemplated hereby, constitutes the offer and sale of securities under the Securities Act and applicable state statutes.