Common use of Contribution of Shares Clause in Contracts

Contribution of Shares. Pursuant to the terms and subject to the conditions set forth in this Agreement, at the Closing, the Stockholder hereby agrees to contribute to Acquisition Corp. the number of Shares indicated opposite the Stockholder's name on Schedule I attached hereto (the "Contributed Shares"), and Acquisition Corp. hereby agrees to receive such contribution in exchange for the number of Acquisition Corp. Shares indicated opposite the Stockholder's name on Schedule I.

Appears in 6 contracts

Samples: Subscription Agreement (Specialty Catalog Corp), Subscription Agreement (Specialty Catalog Corp), Subscription Agreement (Specialty Catalog Corp)

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