Common use of Agreement to Exchange Securities Clause in Contracts

Agreement to Exchange Securities. Subject to the terms and upon the conditions set forth herein, Company Shareholders agree to sell, assign, transfer and deliver to Issuer, and Issuer agrees to purchase from Company Shareholders, at the Closing, all of the Company Shares, in exchange for the issuance by Issuer, at the Closing, of 29,190,241 shares of stock of Issuer to Company Shareholders, in individual amounts specified by Company Shareholders in written instruction to Issuer prior to Closing.

Agreement to Exchange Securities. Subject to the terms and upon the conditions set forth herein, Company Shareholders Equityholders agree to sell, assign, transfer and deliver to Issuer, and Issuer agrees to purchase from Company ShareholdersEquityholders, at the Closing, all of the Company SharesEquity Interests, in exchange for the issuance by Issuer, at the Closing, of 29,190,241 shares of stock of Issuer the Exchange Shares (as defined in Section 1.3(b) hereof) to Company ShareholdersEquityholders, in individual amounts specified by Company Shareholders in written instruction to Issuer prior to Closingon Exhibit 1.1 hereto.