Stock Purchase. Substantially contemporaneously with the Commencement Date, Executive shall purchase the number of shares of Common Stock of the Company specified in the Subscription Agreement related to the purchase of such shares, to be entered into by Executive and the Company (the “Subscription Agreement”). The terms and conditions of such purchase shall be as set forth in the Subscription Agreement, and such shares shall be subject to the limitations and restrictions, including, without limitation, the restrictions on transfer and the put and call rights set forth in the Stockholders Agreement.
Stock Purchase. Buyer hereby agrees to purchase from Seller and Seller agrees to sell to Buyer all of the Seller Stock in exchange for an aggregate purchase price of Seventeen Thousand Five Hundred Thousand Dollars ($17,500.00) (the “Purchase Price”). The closing of the purchase and sale of the Seller Stock (the “Closing”) will occur contemporaneously with the full execution of this Agreement. At the Closing, the Buyer will deliver to Seller the amount of the Purchase Price by wire transfer pursuant to the following wire instructions: Wells Fargo Bank ABA # 121 000 248 Swift Code #WFBIUS6S (International Wires Only) Account # 043 526 4775 Account Name: Evan M. Levine 3445 Del Mar Heights Road San Diego, CA 92130 858-792-9982 As soon as practical following the Closing, Seller will deliver to the Company each certificate representing the Seller Stock so as to transfer the Seller Stock to Buyer.
Stock Purchase. The Institution unconditionally agrees that whenever it receives an Advance or transacts any other business with FHLBank, it shall purchase Capital Stock as and when required by FHLBank’s Capital Plan, Member Products Policy, and any applicable laws, Regulations, resolutions of FHLBank’s board of directors and provisions of FHLBank’s Organization Certificate or bylaws, all as in effect at the time the Advance or other transaction is entered into (or, if at that time FHLBank does not have a Capital Plan, any other plans or policies of FHLBank governing Capital Stock and capital structure). The Institution authorizes FHLBank to effect such purchase by exchanging shares of classes of Capital Stock held by the Institution and/or debiting the Institution’s accounts at FHLBank in accordance with such Capital Plan, Member Products Policy, and any applicable laws, Regulations, resolutions of FHLBank’s board of directors and provisions of FHLBank’s Organization Certificate or bylaws, as amended. SECURITY AGREEMENT
Stock Purchase. On the terms and subject to the conditions of this Agreement, on the Closing Date (as hereinafter defined), each Seller shall sell, convey, transfer, assign and deliver to Buyer, and Buyer shall purchase and acquire from each such Seller, all right, title and interest of such Sellers, legal or equitable, in and to the number of shares of USTC Stock set forth opposite such Seller's name on Schedule 1.1 hereto under the caption "Number of Shares Owned." Each Seller resides at the address set forth therein. The certificates evidencing the USTC Stock shall be delivered at the Closing (as hereinafter defined) to Buyer, free and clear of all liens, claims, security interests and encumbrances, accompanied by duly executed stock powers (endorsed in blank, with signatures guaranteed) and any necessary stock transfer tax stamps affixed thereto.
Stock Purchase. (a) Stock purchase upon employment. On the Effective Date or as soon thereafter as is practical, and on each of the first three anniversaries of the Effective Date, the Company will sell Executive 176,465 shares of Common Stock for a purchase price of $.01 per share, subject to the terms, restrictions and conditions and pursuant to the ZiLOG, Inc. 2002 Omnibus Stock Incentive Plan attached hereto as Exhibit A (the "Omnibus Plan") and any applicable Award Agreement (as defined in the Omnibus Plan).
Stock Purchase. On the terms and subject to the conditions of this Agreement, the Buyer agrees to purchase from each of the Sellers, and each of the Sellers agrees to sell to the Buyer, the Shares owned by such Seller, free and clear of all Encumbrances, which Shares collectively constitute and shall constitute as of the Closing Date all of the issued and outstanding shares of the capital stock of the Company, for the consideration specified in Section 1.2.
Stock Purchase. 2 1.2 The Merger . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 1.3
Stock Purchase. Consultant shall have the right to purchase -------------- 2,250,000 shares of the Company's common shares at an exercise price of USD $.04 per share. Consultant's rights regarding these shares shall vest immediately upon execution of this Agreement and receipt of the stock purchase amount by the Company.
Stock Purchase. Executive agrees to buy $1 million in The Gillette Company common stock with his own funds from the Company on the Commencement Date at a price per share equal to the Fair Market Value on the Commencement Date, with payment to be made by the Executive no later than the close of business of the Company on January 26, 2001 and to hold such stock for a period of no less than the lesser of three years or until the date of termination of his employment.
Stock Purchase. Subject to Section 12.4, Vyrix shall be entitled, at its option, exercisable by written notice to Endo within a period of thirty (30) days following the date of termination or expiration of this Agreement, to repurchase from Endo any unsold Product. The repurchase price shall be the same price at which Vyrix originally sold such Product to Endo provided that Vyrix is responsible for arranging, and for the cost of, transport and insurance arising from the repurchase.