Authorization Sale and Issuance of Shares and Options Sample Clauses

Authorization Sale and Issuance of Shares and Options. 1.1 Authorization The Company shall issue 20,000 shares of Common Stock (the "Shares") no par value per share which shall be approximately equal to .147% of the Company's issued and outstanding common stock, to the Purchaser at a purchase price of $.50 per share for an aggregate value of $10,000. The Company shall issue 8,000 Warrants to the Purchaser at a purchase price of $.50 per Warrant. The Purchaser may exercise these Warrants at any time during the Three Year Period. The Three Year Period is defined as the period commencing from the closing date of the filing of Form lS-C-21l with the SEC and ending three years from that date. At the end of the Three Year Period, any Warrants that are not exercised will expire. These Warrants may not be transferred.
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Authorization Sale and Issuance of Shares and Options. 1.1 Authorization The Company shall issue 71,428,571 shares of Common Stock (the “Shares”) par value $0.01 per share which shall be equal to 73.58% of the Company's issued and outstanding Common Stock inclusive of all notes, warrants or other convertible securities, to the Purchaser at a purchase price of $.0035 per share for an aggregate value of $250,000 to be purchased as set forth below, and the Letter Agreement set forth as Schedule A attached hereto.
Sample 1
Authorization Sale and Issuance of Shares and Options. 1.1 Authorization On the Closing (as defined in Section 2.1 below), the Company shall authorize the issuance and shall issue Two Hundred Eighty Seven Thousand Four Hundred Eighty Four ( 287,484) shares of Common Stock (the “Shares”) par value $0.001 per share to the Purchaser at a purchase price of Nine and Twenty Two One Hundredths of a Cent ($0.0922) per Share for an aggregate value of $26,499.98 (the “Purchase Price”).
Sample 1
Authorization Sale and Issuance of Shares and Options. 1.1 Authorization On the Closing (as defined in Section 2.1 below), the Seller shall authorize the issuance and shall cause the Shares to be transferred to the Purchaser at a purchase price of one tenth of a cent (USD $0.001) per Share for an aggregate value of USD $71,200.00 (the "Purchase Price").
Sample 1
Authorization Sale and Issuance of Shares and Options. 1.1 Authorization On the Closing (as defined in Section 2.1 below), the Company shall authorize the issuance and shall issue _____________________________(____________) shares of Common Stock (the “Shares”) par value $0.001 per share to the Purchaser at a purchase price of __________________ ($___________) per Share for an aggregate value of $_______________________ (the "Purchase Price").
Sample 1
Authorization Sale and Issuance of Shares and Options 
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Related to Authorization Sale and Issuance of Shares and Options

  • SALE AND ISSUANCE OF SHARES Subject to the terms and conditions of this Agreement, the Trustees agree to sell to the Purchaser, and the Purchaser agrees to purchase from the Trustees 8,028 common shares of beneficial interest, par value $0.001, representing undivided beneficial interests in the Trust (the "Shares") at a price per Share of $14.325 for an aggregate purchase price of $115,001.

  • Sale and Issuance of Common Stock Subject to the terms ------------------------------------ and conditions of this Agreement, and in reliance upon the representations and warranties and covenants contained herein, the Investor agrees to purchase at the Closing, and the Company agrees to sell and issue to the Investor at the Closing (as defined herein), 1,541,261 shares of the Company's Common Stock, $.001 par value (the "Common Stock") for the aggregate purchase price of $15,412.61.

  • Sale and Purchase of Shares Upon the terms and subject to the conditions contained herein, on the Closing Date the Seller shall sell, assign, transfer, convey and deliver to the Purchaser, and the Purchaser shall purchase from the Seller, all of the Shares.

  • Sale and Repurchase of Shares (a) Distributor will have the right, as agent for the Trust, to enter into dealer agreements with responsible investment dealers, and to sell Shares to such investment dealers against orders therefor at the public offering price (as defined in subparagraph 2(d) hereof) stated in the Trust's effective Registration Statement on Form N-1A under the Act and the Securities Act of 1933, as amended, including the then current prospectus and statement of additional information (the "Registration Statement"). Upon receipt of an order to purchase Shares from a dealer with whom Distributor has a dealer agreement, Distributor will promptly cause such order to be filled by the Trust. All dealer agreements shall be in such form as has been approved by the Trust.

  • Sale and Purchase of Common Stock 1.1. Subject to the conditions hereof, the Company hereby agrees to issue and sell to Subscriber, and Subscriber hereby agrees to subscribe for and purchase from the Company, for investment, on the Closing Date (as defined below), the number of shares of Common Stock set forth next to Subscriber’s name on Schedule I hereto (the “Shares”) at a purchase price equal to the price per share to the public in the Public Offering, less the underwriting discounts and commission payable to the underwriters in the Public Offering (the “Purchase Price”).

  • Issuance and Repurchase of Shares The Trustees shall have the power to issue, sell, repurchase, redeem, retire, cancel, acquire, hold, resell, reissue, dispose of, transfer, and otherwise deal in, Shares, including Shares in fractional denominations, and, subject to the more detailed provisions set forth in Articles VIII and IX, to apply to any such repurchase, redemption, retirement, cancellation or acquisition of Shares any funds or property whether capital or surplus or otherwise, to the full extent now or hereafter permitted corporations formed under the Delaware General Corporation Law.

  • Sale and Transfer of Shares Closing Subject to the terms and conditions of this Agreement, at the Closing, the following will occur:

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