Common use of Share Exchange Clause in Contracts

Share Exchange. At the Closing, (i) the Acquiree Shareholder shall transfer ten (10) shares of the Shares, representing ten percent (10%) of the issued and outstanding Ordinary Shares of the Acquiree, to the Acquiror and (ii) in consideration therefor, subject to Section 2.02, Acquiror shall issue an aggregate of 16,600,000 fully paid and nonassessable shares of Acquiror Common Stock to the Acquiree Shareholder (the “Share Exchange”).

Appears in 3 contracts

Samples: Share Exchange Agreement (Kirin International Holding, Inc.), Share Exchange Agreement (Kirin International Holding, Inc.), Share Exchange Agreement (Kirin International Holding, Inc.)

AutoNDA by SimpleDocs

Share Exchange. At the Closing, (i) the Acquiree Shareholder shall transfer ten three (103) shares of the Shares, representing ten three percent (103%) of the issued and outstanding Ordinary Shares of the Acquiree, to the Acquiror and (ii) in consideration therefor, subject to Section 2.02, Acquiror shall issue an aggregate of 16,600,000 4,980,000 fully paid and nonassessable shares of Acquiror Common Stock to the Acquiree Shareholder (the “Share Exchange”).

Appears in 2 contracts

Samples: Share Exchange Agreement (Kirin International Holding, Inc.), Share Exchange Agreement (Kirin International Holding, Inc.)

Share Exchange. At the Closing, (i) the Acquiree Shareholder Shareholders shall transfer ten (10) shares of the 10,000 Shares, representing ten percent (10%) all of the issued and outstanding Ordinary Shares of the AcquireeShares, to the Acquiror and (ii) and, in consideration therefor, subject to Section 2.022.2, the Acquiror Company shall issue to Shareholders an aggregate of 16,600,000 fully 7,000,000fully paid and nonassessable shares of Acquiror Company Common Stock to in the Acquiree Shareholder amounts set forth opposite each such Shareholder’s name on Exhibit A (the “Share Exchange”).

Appears in 1 contract

Samples: Share Exchange Agreement (China Pediatric Pharmaceuticals, Inc.)

AutoNDA by SimpleDocs

Share Exchange. At the Closing, (i) the Acquiree Shareholder shall transfer ten (10) shares all of the Shares, representing ten percent (10%) all of the issued and outstanding Ordinary Shares of the Acquiree, to the Acquiror Acquiror, and (ii) in consideration therefor, subject to Section 2.02, Acquiror shall issue an aggregate of 16,600,000 91,240,000 fully paid and nonassessable shares of Acquiror Common Stock to and the Acquiree Shareholder Acquiror Note (the “Share Exchange”).

Appears in 1 contract

Samples: Share Exchange Agreement (Kirin International Holding, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.