Common use of Equity Stake Clause in Contracts

Equity Stake. Concurrent with execution of this Agreement, Quintiles shall execute a Stock Purchase Agreement to purchase five million dollars ($5,000,000) of CVT common stock on the terms and conditions as set forth therein ("Stock Purchase Agreement"). The terms and conditions of such equity purchase, and the covenants of each Party related thereto, shall be governed solely by the Stock Purchase Agreement and the related documents executed pursuant thereto.

Appears in 2 contracts

Sources: Sales and Marketing Agreement (Cv Therapeutics Inc), Sales and Marketing Agreement (Cv Therapeutics Inc)