Common use of Shares to be Transferred and Shares to be Issued Clause in Contracts

Shares to be Transferred and Shares to be Issued. 1. a. On the closing date the Shareholders shall transfer to Purchaser certificates for the number of shares of the common stock of the Company described in Schedule "A" , attached hereto and incorporated herein, which in the aggregate shall represent all of the issued and outstanding shares of stock of the Company. Such certificates shall be duly endorsed in blank by Shareholders or accompanied by duly executed stock powers in blank with signatures guaranteed. Alternatively, the shareholders may assign their rights to the shares if the shares have not been physically issued in the form of stock certificates, or if the certificates have been lost.

Appears in 2 contracts

Samples: Share Exchange Agreement (Paloma Enterprises, Inc.), Share Exchange Agreement (Paloma Enterprises, Inc.)

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Shares to be Transferred and Shares to be Issued. 1. a. On the closing date the Shareholders shall transfer to the Purchaser certificates for the number of shares of the common stock of the Company described in Schedule "A" ", attached hereto and incorporated herein, which in the aggregate shall represent all of the issued and outstanding shares of stock of the Company. Such certificates shall be duly endorsed in blank by Shareholders or accompanied by duly executed stock powers in blank with signatures guaranteed. Alternatively, the shareholders may assign their rights to the shares if the shares have not been physically issued in the form of stock certificates, or if the certificates have been lost.

Appears in 1 contract

Samples: Stock Purchase Agreement (Sonic Media Corp)

Shares to be Transferred and Shares to be Issued. 1. a. On the closing date the Shareholders shall transfer to Purchaser certificates for the number of shares of the common stock of the Company described in Schedule "A" ", attached hereto and incorporated herein, which in the aggregate shall represent all of the issued and outstanding shares of stock of the Company. Such certificates shall be duly endorsed in blank by Shareholders or accompanied by duly executed stock powers in blank with signatures guaranteed. Alternatively, the shareholders may assign their rights to the shares if the shares have not been physically issued in the form of stock certificates, or if the certificates have been lost.

Appears in 1 contract

Samples: Acquisition Agreement (Hybrid Fuels Inc)

Shares to be Transferred and Shares to be Issued. 1. 1.01 a. On the closing date the Shareholders Shareholder shall transfer to Purchaser certificates for the number of shares of the common stock of the Company described in Schedule "A" , attached hereto and incorporated herein, which in the aggregate shall represent all of the issued and outstanding shares of stock of the Company. Such certificates shall be duly endorsed in blank by Shareholders Shareholder or accompanied by duly executed stock powers in blank with signatures signature guaranteed. Alternatively, the shareholders may assign their rights to the shares if the shares have not been physically issued in the form of stock certificates, or if the certificates have been lost.

Appears in 1 contract

Samples: Acquisition and Reorganization Agreement (Renu U International Inc)

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Shares to be Transferred and Shares to be Issued. 1. a. 1.01 (a) On the closing date the Shareholders Shareholder shall transfer to Purchaser a certificate or certificates for the number of shares of the common stock of the Company described in Schedule "A" ", attached hereto and incorporated herein, which in the aggregate shall represent all of the issued and outstanding shares of stock of the Company. Such certificates certificate(s) shall be duly endorsed in blank by Shareholders Shareholder or accompanied by a duly executed stock powers power in blank with signatures the signature guaranteed. Alternatively, the shareholders Shareholder may assign their his rights to the shares if the shares have not been physically issued in the form of stock certificates, or if the certificates have been lost.

Appears in 1 contract

Samples: Acquisition Agreement (Zynex Medical Holdings Inc)

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