Purchase and Sale of Common Stock Clause Samples
The "Purchase and Sale of Common Stock" clause defines the agreement between parties for the buying and selling of shares in a company. It typically outlines the number of shares to be sold, the purchase price, and the timing or conditions of the transaction. This clause ensures that both parties are clear on the terms of the stock transfer, thereby facilitating a smooth and legally binding exchange of ownership interests.
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Purchase and Sale of Common Stock. Subject to the terms and conditions set forth herein, the Company shall issue and sell to the Investor, and the Investor shall purchase from the Company, up to that number of Shares having an aggregate Purchase Price of Ten Million dollars ($10,000,000).
Purchase and Sale of Common Stock. Subject to the terms and conditions set forth herein, the Company shall issue and sell to the Investor, and the Investor shall purchase from the Company, up to that number of Shares having an aggregate Purchase Price of Twenty Million Dollars ($20,000,000).
Purchase and Sale of Common Stock. 1PURCHASE AND SALE OF COMMON STOCK. Subject to the terms and conditions set forth herein, the Company shall issue and sell to the Investor, and the Investor shall purchase from the Company, up to that number of Shares having an aggregate Purchase Price of Five Million Dollars ($5,000,000).
Purchase and Sale of Common Stock. Subject to the terms and conditions set forth herein, the Company shall issue and sell to the Investor, and the Investor shall purchase from the Company, up to that number of Shares having an aggregate Purchase Price of Three Million Dollars ($3,000,000).
Purchase and Sale of Common Stock. Subject to the terms and conditions set forth herein, the Company shall issue and sell to the Investor, and the Investor shall purchase from the Company, up to that number of Shares having an aggregate Purchase Amount of Five Million dollars ($5,000,000).
Purchase and Sale of Common Stock. At the Closing (as defined in ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇), subject to the terms and conditions set forth herein, the Purchaser shall purchase from the Company, and the Company shall sell to the Purchaser, 7,405,431 shares of Common Stock at a price of $.10 per share, for an aggregate purchase price equal to $740,543. Purchaser shall pay the aggregate purchase price by (1) paying $263,543 by a cashier's or certified check, or by wire transfer of immediately available funds to such account as designated by the Company, (2) increasing the principal amount outstanding under the Executive Note by $304,402 and (3) delivering to the Company a Carry Note in the principal amount of $172,599. The Common Stock purchased by the Purchaser hereunder constitutes Executive Stock under the Management Agreement. Such Executive Stock shall be allocated as follows: 3,074,770 shall be Reserve Stock and 4,330,661 shall be Carried Stock.
Purchase and Sale of Common Stock. Subject to the terms and conditions set forth herein, the Company shall issue and sell to the Investor, and the Investor shall purchase from the Company, up to that number of Shares having an aggregate Purchase Price of Five Million Dollars ($5,000,000).
Purchase and Sale of Common Stock. Upon the terms and subject to the conditions set forth herein, the Company shall issue and sell to the Investor, and the Investor shall purchase from the Company, up to $7,000,000 of Common Stock, such stock to be valued as provided in Section 1.3(b) herein.
Purchase and Sale of Common Stock a. Common Stock Subject to the terms and conditions of this Agreement, the Investor agrees to purchase from the Company 10,000,000 shares of Company Common Stock for an aggregate purchase price of $100,000.00, payable by delivery to the Company of a check or wire in the amount of $100,000.00.
Purchase and Sale of Common Stock. Upon the following terms and conditions, the Company is offering to the Purchaser 119,100 shares of common stock (the “Shares”).