Kind. The consideration for the issuance of shares shall consist of money paid, labor done (including services actually performed for the corporation), or property (tangible or intangible) actually received. Neither promissory notes nor the promise of future services shall constitute payment for shares.
Appears in 1 contract
Sources: Purchase and Registration Rights Agreement (Aegis Communications Group Inc)
Kind. The consideration for the issuance of shares shall consist of money paid, labor done (including services actually performed for the corporationCorporation), or property (tangible or intangible) actually received. Neither promissory notes nor the promise of future services shall constitute payment for shares.
Appears in 1 contract
Sources: Securities Purchase Agreement (Fw Integrated Orthopaedics Investors Lp)