Purchase and Sale of Executive Units Sample Clauses

Purchase and Sale of Executive Units. (a) Upon execution of this Agreement, Executive shall purchase, and the Company shall sell, 3.712 Class M Units at a price of $0.01 per unit and 35.488 Class B Units at a price of $0.01 per unit. The Company shall deliver to Executive proper written evidence indicating Executive's ownership of such Class B Units and Class M Units, and Executive shall make a cash payment to the Company in an aggregate amount of $0.39.
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Purchase and Sale of Executive Units. (a) Upon execution of this Agreement, (i) Executive shall purchase, and Bain/ACR shall sell, 9,928.35 Class A Units at a price of $1.00 per unit and 1,103.15 Class L Units at a price of $81.00 per unit, (ii) Executive shall purchase, and Bain/ACR shall sell, a 0.25% Membership Interest in ACR Management for $3,216.46, and (iii) and Executive shall purchase, and Holdings shall sell, 11,142.93 Class B Units at a price of $0.70 per unit and 11,142.93 Class C Units at a price of $0.40 per unit. Holdings shall deliver to Executive an executed copy of the Fourth Amended and Restated Limited Partnership Agreement of Holdings (the "Partnership Agreement") indicating Executive's ownership of such --------------------- Class A Units, Class L Units, Class B Units and Class C Units and an executed copy of the First Amended and Restated Limited Liability Company Agreement of ACR Management (the "LLC Agreement") indicating Executive's ownership of such ------------- Membership Interest, and Executive shall deliver a cashier's check or wire transfer of funds in the aggregate amount of $102,500 to Bain/ACR and a cashier's check or wire transfer of funds in the aggregate amount of $12,256.57 to Holdings.
Purchase and Sale of Executive Units. (a) Upon execution of this Agreement, Executive shall (i) purchase, and the Company shall sell, 174.7 Class A Units at a price of $100 per unit, 36.078 Class L Units at a price of $8,100 per unit, 387.92 Class B Units at a price of $0.01 per unit and 412.681 Class C Units at a price of $0.01 per unit and (ii) cause the Trustee for the benefit of the XXX to purchase, and the Company shall sell, 200 Class A Units at a price of $100 per unit, 5.556 Class L Units at a price of $8,100 per unit, 0 Class B Units at a price of $0.01 per unit and 0 Class C Units at a price of $0.01 per unit. The Company shall deliver to each of Executive and the Trustee for the benefit of the XXX an executed copy of the Company's limited liability company agreement (the "Operating Agreement") indicating each of Executive's and the IRA's ownership of -------------------- such Class A Units, Class L Units, Class B Units and Class C Units, and Executive shall (y) deliver to the Company a cashier's or certified check, or by wire transfer of immediately available funds, an aggregate principal amount of $190,000 and a promissory note in the form of Annex A attached hereto in an ------- aggregate principal amount of $119,700 (the "Executive Note") and (z) cause the -------------- Trustee for the benefit of the XXX to deliver to the Company a cashier's or certified check, or by wire transfer of immediately available funds, an aggregate principal amount of $65,000. Executive's obligations under the Executive Note shall be secured by a pledge of all of the Executive Units to the Company, and in connection therewith, Executive shall enter into a pledge agreement in the form of Annex B attached hereto (the "Pledge Agreement"). ------- ----------------
Purchase and Sale of Executive Units. (a) Upon execution of this Agreement, Executive shall purchase, and the Company shall sell, 39,713.41 Class A Common Units for an aggregate price of $39,713.41 and 4,412.60 Class L Common Units for an aggregate price of $357,420.73 and Executive shall purchase, and the General Partner shall sell, the Percentage Interest for an aggregate price of $12,865.86. The Company shall deliver to Executive an executed copy of the Partnership Agreement indicating Executive's ownership of such Class A Common Units and Class L Common Units and the General Partner shall deliver to Executive an executed copy of the LLC Agreement indicating Executive's ownership of the Percentage Interest.
Purchase and Sale of Executive Units. (a) Upon execution of this Agreement, Executive or his Permitted Transferees (as defined in the Investors Agreement) will purchase, and the Partnership will sell ___ of the Class B Common Units at a purchase price of $1.00 per Unit for a total purchase price of $______. The Partnership will deliver to Executive a copy of, and a receipt for, the certificate representing such Common Units, and Executive will deliver to the Partnership a cashier's or certified check or wire transfer of funds in the aggregate amount of $______.
Purchase and Sale of Executive Units. (a) Upon execution of this Agreement, Executive shall purchase 355.594 Class B Units at a price of $0.01 per unit and 378.291 Class C Units at a price of $0.01 per unit, and shall cause the Trustee for the benefit of the XXX to purchase, and the Company shall sell, 213.4 Class A Units at a price of $100 per unit, 23.711 Class L Units at a price of $8,100 per unit. The Company shall deliver to each of Executive and the Trustee for the benefit of the XXX an executed copy of the Company's limited liability company agreement (the "Operating Agreement") indicating Executive's and the IRA's ownership of such -------------------- Class A Units, Class L Units, Class B Units and Class C Units, and Executive shall cause the Trustee for the benefit of the XXX to deliver to the Company a cashier's or certified check, or by wire transfer of immediately available funds, an aggregate principal amount of $ 213,400.
Purchase and Sale of Executive Units. (a) Upon execution of this Agreement, Executive shall purchase, and the Company shall sell, 465.30 Class A Units at a price of $100 per unit, 51.70 Class L Units at a price of $8,100 per unit, 171.09 Class B Units at a price of $0.01 per unit and 182.01 Class C Units at a price of $0.01 per unit. The Company shall deliver to Executive an executed copy of the Company's limited liability company agreement (the "Operating Agreement") indicating ------------------- Executive's ownership of such Class A Units, Class L Units, Class B Units and Class C Units and Executive shall deliver to the Company a cashier's check or wire transfer of funds in the aggregate amount of $344,600 and a promissory note in the form of Annex A attached hereto in an aggregate principal amount of ------- $120,700 (the "Executive Note"). Executive's obligations under the Executive --------------- Note shall be secured by a pledge of all of the Executive Units to the Company, and in connection therewith, Executive shall enter into a pledge agreement in the form of Annex B attached hereto (the "Pledge Agreement"). ------- ----------------
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Related to Purchase and Sale of Executive Units

  • Purchase and Sale of the Units Subject to the terms and conditions of this Agreement, on the Closing Date, each Investor shall purchase, and the Company shall sell and issue to each Investor, the number of Units set forth opposite the Investor’s name on the signature page attached hereto at a price per Unit equal to the Per Unit Purchase Price.

  • Purchase and Sale of Units The Purchaser hereby subscribes for and purchases from the Company, and the Company hereby issues and sells to the Purchaser, 20,000 units (the “Initial Units”) at a purchase price of approximately $.004348 per Initial Unit for an aggregate purchase price of $86.84. Each Initial Unit consists of one share of Common Stock and one warrant (an “Initial Warrant”) to purchase one additional share of Common Stock for $7.00 in accordance with the terms of the Warrant Agreement to be entered into by and between the Company and Continental Stock Transfer & Trust Company, as warrant agent, which shall be substantially in the form attached hereto as Exhibit A (the “Warrant Agreement”). The Initial Units, together with the underlying Common Stock and the Initial Warrants, are referred to herein as the “Securities.”

  • Purchase and Sale of Common Shares (a) Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties set forth in Schedule B to this Agreement, the Purchaser hereby agrees to purchase from the Company and the Company hereby agrees to sell to the Purchaser, on the Closing Date, 104,500,000 Common Shares (the “Purchased Shares”) at a price of $48.60 per Purchased Share for an aggregate purchase price of $5,078,700,000 (the “Share Purchase Price”).

  • Purchase and Sale of the Shares Upon the terms and subject to the conditions of this Agreement, at the Closing, the Seller shall sell to the Purchaser, and the Purchaser shall purchase from the Seller, the Shares.

  • 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 Shares Closing 2.01. Purchase and Sale of the Shares........................................................................... 10 2.02.

  • Purchase and Sale of Membership Interests Upon the terms and subject to the conditions set forth in this Agreement, at the Closing, Sellers shall sell to Purchaser, and Purchaser shall purchase and accept from Sellers, the Membership Interests, free and clear of all Liens (other than restrictions arising under applicable securities Laws or Gaming Laws).

  • Purchase and Sale of Shares 2.1.1. Upon the terms and subject to the conditions set forth in this Agreement, at the Closing, Seller shall sell, transfer and deliver to Buyer, free and clear of all Liens (other than Liens under the Securities Act and any other applicable state or foreign securities Laws), and Buyer shall purchase from Seller, all right, title and interest in and to the Shares.

  • Purchase and Sale of Interests Upon the terms and subject to the conditions set forth in this Agreement, Seller shall sell, assign, transfer and convey to Buyer, and Buyer shall purchase and acquire from Seller, at the Closing, the Interests. Seller shall transfer the Interests to Buyer by delivery of the Assignment Document at Closing.

  • Purchase and Sale of Shares and Warrants Subject to the satisfaction (or waiver) of the conditions to Closing set forth in this Agreement and the Escrow Agreement, each Subscriber shall purchase the Shares and Warrants for the portion of the Purchase Price indicated on the signature page hereto, and the Company shall sell such Shares and Warrants to the Subscriber. The Purchase Price for the Shares and Warrants shall be paid in cash. The entire Purchase Price shall be allocated to the Shares.

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