Purchase and Sale of Restricted Shares; Representations and Warranties of Stockholder. (a) Upon execution of this Agreement, the Company shall, pursuant to Section 4 and Schedule III of the Management Services Agreement, issue to each Stockholder that number of shares (such shares are referred to herein as the "Restricted Shares") of common stock, $.001 par value (the "Common Stock"), of the Company set forth opposite such Stockholder's name on Schedule A attached hereto. The aggregate shares of Common Stock issued to the Stockholders are referred to collectively herein as "Restricted Stock." Simultaneously with the execution and delivery hereof, the Company is delivering to each Stockholder the certificate(s) representing the Restricted Shares.
Purchase and Sale of Restricted Shares; Representations and Warranties of Stockholder. (a) Upon execution of this Agreement, the Company shall, pursuant to Section 4 and Schedule III of the Management Services Agreement, issue to the Stockholder that number of shares (such shares together with those shares hereafter acquired pursuant to the terms hereof, are referred to herein as the "Restricted Shares") of common stock, $.001 par value (the "Common Stock"), of the Company set forth opposite the Stockholder's name on Schedule A attached hereto. The aggregate shares of Common Stock issued to the Stockholders are referred to collectively herein as "Restricted Stock." Simultaneously with the execution and delivery hereof, the Company is delivering to the Stockholder the certificate(s) representing the Restricted Shares against receipt by the Company of the consideration therefor as set forth opposite the Stockholder's name on Schedule A attached hereto.
