Purchase and Sale of Common Stock. Subject to the terms and conditions set forth herein, the Company shall issue and sell to the Investor, and the Investor shall purchase from the Company, up to that number of Shares having an aggregate Purchase Price of Ten Million dollars ($10,000,000).
Purchase and Sale of Common Stock. Subject to the terms and conditions set forth herein, the Company shall issue and sell to the Investor, and the Investor shall purchase from the Company, up to that number of Shares having an aggregate Purchase Price of Five Million Dollars ($5,000,000).
Purchase and Sale of Common Stock. Subject to the terms and conditions set forth herein, the Company shall issue and sell to the Investor, and the Investor shall purchase from the Company, up to that number of Shares having an aggregate Purchase Price of Twenty Million dollars ($20,000,000).
Purchase and Sale of Common Stock. Subject to the terms and conditions set forth herein, the Company shall issue and sell to the Investor, and the Investor shall purchase from the Company, up to that number of Shares having an aggregate Purchase Price of fifteen million dollars ($15,000,000).
Purchase and Sale of Common Stock a. Purchase and Sale of Common Stock. Subject to the terms and conditions set forth herein, the Company shall issue and sell to the Investor, and the Investor shall purchase from the Company, up to that number of Shares having an aggregate Purchase Price of $5,000,000.
Purchase and Sale of Common Stock. Subject to the terms and conditions set forth herein, the Company shall issue and sell to the Investor, and the Investor shall purchase from the Company, up to that number of Shares having an aggregate Purchase Price of Two Million Dollars ($2,000,000).
Purchase and Sale of Common Stock. Upon the terms and subject to the conditions set forth herein, the Company shall issue and sell to the Investor, and the Investor shall purchase from the Company, up to $7,000,000 of Common Stock, such stock to be valued as provided in Section 1.3(b) herein.
Purchase and Sale of Common Stock a. Common Stock Subject to the terms and conditions of this Agreement, the Investor agrees to purchase from the Company 5,000,000 shares of Company Common Stock for an aggregate purchase price of $50,000.00, payable by delivery to the Company of a check or wire in the amount of $50,000.00.
Purchase and Sale of Common Stock. At the Closing (as defined in xxxxxxxxxxxx 0X xxxxx), subject to the terms and conditions set forth herein, the Purchaser shall purchase from the Company, and the Company shall sell to the Purchaser, 7,405,431 shares of Common Stock at a price of $.10 per share, for an aggregate purchase price equal to $740,543. Purchaser shall pay the aggregate purchase price by (1) paying $263,543 by a cashier's or certified check, or by wire transfer of immediately available funds to such account as designated by the Company, (2) increasing the principal amount outstanding under the Executive Note by $304,402 and (3) delivering to the Company a Carry Note in the principal amount of $172,599. The Common Stock purchased by the Purchaser hereunder constitutes Executive Stock under the Management Agreement. Such Executive Stock shall be allocated as follows: 3,074,770 shall be Reserve Stock and 4,330,661 shall be Carried Stock.
Purchase and Sale of Common Stock. Subject to the terms and conditions hereinafter set forth, and in accordance with the provisions of the Plan, the Company hereby grants to Grantee, and Grantee hereby accepts from the Company Shares. The purchase price, if any, for the Shares shall be determined by the Committee, but shall not be less than par value of $.16 2/3 per share.
