Share Redemption. The Shareholders of SSI listed on Schedule 7.6 hereto shall have delivered to counsel for SSI certificates representing the number of post-forward split shares of SSI set forth opposite their respective names to be redeemed and cancelled and returned to the status of authorized but unissued shares of SSI. The referenced shares shall be delivered by SSI's counsel to SSI's transfer agent for cancellation immediately following the Closing.
Appears in 2 contracts
Sources: Securities Exchange Agreement (Sun & Surf Inc), Securities Exchange Agreement (Sun & Surf Inc)