Equity Payment. The full consideration for the Intellectual Property shall equal one million (1,000,000) shares of the Buyer’s common stock, $0.001 par value per share (the “Shares”), which Shares shall be subject to the Buyer’s repurchase rights set forth in Section 3.2 below.
Appears in 2 contracts
Sources: Intellectual Property Purchase Agreement, Intellectual Property Purchase Agreement (Higher One Holdings, Inc.)