Ongoing Payments. Starting on January 15, 2020, the Purchaser shall issue to the D▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Revocable Trust the Ongoing Purchaser Stock Consideration. The Ongoing Purchaser Stock Consideration shall be paid as a Collateral Fee for the funds currently held by the Company bank account(s).
Appears in 2 contracts
Sources: Membership Interest Purchase Agreement (Surge Holdings, Inc.), Stock Purchase Agreement (Surge Holdings, Inc.)