Equity Transfers. The following transfers shall be effective as of the Closing Date: (i) VGI hereby sells, transfers and conveys to QEI, and QEI hereby redeems and repurchases from VGI, the A Shares (including any related dividend rights). (ii) VGI hereby sells, transfers and conveys to the Company, and the Company hereby redeems and repurchases from VGI, the B Share and C Shares (including any related dividend rights). (iii) QEI hereby sells, transfers and conveys to VGI, and VGI hereby repurchases from QEI, the QSC Shares (including any related dividend rights).
Appears in 2 contracts
Sources: Exchange and Transfer Agreement, Exchange and Transfer Agreement (Quest Solution, Inc.)