Common use of Sale and Purchase of Stock Clause in Contracts

Sale and Purchase of Stock. 1.1 Subject to the terms, provisions and conditions set forth herein, Seller hereby sells and delivers to Purchaser, and Purchaser hereby purchases and receives from Seller, the Shares, in exchange for the purchase price set forth hereinafter. Purchaser hereby acknowledges receipt of one or more stock certificates representing the Shares, duly endorsed or accompanied by duly executed stock transfer form.

Sale and Purchase of Stock. 1.1 Subject Seller hereby bargains, grants, sells and conveys the Stock to Purchaser and, in reliance upon the termsrepresentations, provisions warranties and conditions set forth fulfillment of the obligations and agreements contained herein, Seller hereby sells and delivers to Purchaser, and Purchaser hereby purchases and receives from Seller, the Shares, in exchange for the purchase price set forth hereinafter. Purchaser hereby acknowledges receipt of one or more stock certificates representing the Shares, duly endorsed or accompanied by duly executed stock transfer formSeller such Stock.