CONVERSION OF DEBT. 1.1 The Lender and the Company hereby agree to convert the Loan into shares of the Company’s common stock at a price of $0.01 per share for an aggregate of 1,500,000 shares (the “Shares”) in full settlement of the Loan owed by the Company to the Lender.
Appears in 2 contracts
Samples: Debt Conversion Agreement (Buckingham Exploration Inc.), Debt Conversion Agreement (Buckingham Exploration Inc.)
CONVERSION OF DEBT. 1.1 The Lender and the Company hereby agree to convert the Loan into shares of the Company’s common stock at a price of $0.01 per share for an aggregate of 1,500,000 1,000,000 shares (the “Shares”) in full settlement of the Loan owed by the Company to the Lender.
Appears in 2 contracts
Samples: Debt Conversion Agreement (Buckingham Exploration Inc.), Debt Conversion Agreement (Buckingham Exploration Inc.)
CONVERSION OF DEBT. 1.1 The Lender and the Company hereby agree to convert the Loan into shares of the Company’s common stock at a price of $0.01 per share for an aggregate of 1,500,000 4,500,000 shares (the “Shares”) in full settlement of the Loan owed by the Company to the Lender.
Appears in 1 contract
Samples: Debt Conversion Agreement (Global Security Agency Inc.)
CONVERSION OF DEBT. 1.1 The Lender and the Company hereby agree to convert the Loan into shares of the Company’s common stock at a price of $0.01 per share for an aggregate of 1,500,000 540,000 shares (the “Shares”) in full settlement of the Loan owed by the Company to the Lender.
Appears in 1 contract
Samples: Debt Conversion Agreement (Buckingham Exploration Inc.)
CONVERSION OF DEBT. 1.1 The Lender and the Company hereby agree to convert the Loan into shares of the Company’s common stock at a price of $0.01 per share for an aggregate of 1,500,000 5,000,000 shares (the “Shares”) in full settlement of the Loan owed by the Company to the Lender.
Appears in 1 contract
Samples: Debt Conversion Agreement (Global Security Agency Inc.)
