Common use of Surrender of Shares Clause in Contracts

Surrender of Shares. 1. The Shareholder hereby surrenders to the Company the Surrendered Shares by delivering to the Company herewith a share certificate or certificates representing the Shares, duly endorsed for transfer in blank, signatures medallion guaranteed. The Company hereby acknowledges receipt from the Shareholder of the certificates for the sole purpose of retiring the Surrendered Shares.

Appears in 6 contracts

Samples: Return to Treasury Agreement (CTT International Distributors Inc.), Return to Treasury Agreement (Midas Medici Group Holdings, Inc.), Treasury Agreement (Bahadoorsingh Mahase)

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Surrender of Shares. 1. The Shareholder hereby surrenders to the Company the Surrendered Shares by delivering to the Company herewith a share certificate or certificates representing the Shares, duly endorsed for transfer in blank, signatures medallion guaranteed. The Company hereby acknowledges receipt from the Shareholder of the certificates for the sole purpose of retiring the Surrendered Shares.

Appears in 3 contracts

Samples: Agreement (NewCardio, Inc.), Return to Treasury Agreement (Marine Park Holdings, Inc.), Return to Treasury Agreement (Marine Park Holdings, Inc.)

Surrender of Shares. 1. The Shareholder hereby surrenders to the Company the Surrendered Retired Shares by delivering to the Company herewith a share certificate or certificates representing the Retired Shares, duly endorsed for transfer in blank, signatures medallion guaranteed. The Company hereby acknowledges receipt from the Shareholder of the certificates for the sole purpose of retiring the Surrendered Retired Shares.

Appears in 2 contracts

Samples: Return to Treasury Agreement (Globalwise Investments Inc), Return to Treasury Agreement (Globalwise Investments Inc)

Surrender of Shares. 1. The Shareholder hereby surrenders to the Company the Surrendered Shares by delivering to the Company herewith a share certificate or certificates representing the Shares, duly endorsed for transfer in blank, signatures medallion guaranteed. The Company hereby acknowledges receipt from the Shareholder of the certificates for the sole purpose of retiring the Surrendered Shares.

Appears in 2 contracts

Samples: Return to Treasury Agreement (CleanTech Innovations, Inc.), Return to Treasury Agreement (Deer Consumer Products, Inc.)

Surrender of Shares. 1. The Following the issuance of, and subject to the issuance of, such shares of Class C Preferred Stock, the Shareholder hereby surrenders shall surrender to the Company the Surrendered Shares by delivering to the Company herewith a share certificate or certificates representing the Surrendered Shares, duly endorsed for transfer in blank, signatures medallion guaranteed. The Company hereby acknowledges receipt from the Shareholder of the certificates for the sole purpose of retiring the Surrendered Shares.

Appears in 2 contracts

Samples: Return to Treasury Agreement (Cirque Energy, Inc.), Return to Treasury Agreement (Cirque Energy, Inc.)

Surrender of Shares. 1. The Shareholder hereby surrenders to the Company the Surrendered Shares by delivering to the Company herewith a share certificate or certificates representing the Surrendered Shares, duly endorsed for transfer in blank, signatures medallion guaranteed. The Company hereby acknowledges receipt from the Shareholder of the certificates for the sole purpose of retiring the Surrendered Shares.

Appears in 2 contracts

Samples: Return to Treasury Agreement (Nova Lifestyle, Inc.), Return to Treasury Agreement (FusionTech, Inc.)

Surrender of Shares. 1. The Shareholder hereby surrenders to the Company the Surrendered Shares by delivering to the Company herewith a share certificate or certificates representing the Surrendered Shares, duly endorsed for transfer in blank, signatures medallion guaranteed. The Company hereby acknowledges receipt from the Shareholder of the certificates for the sole purpose of retiring the Surrendered Shares.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Green Dragon Wood Products, Inc.)

Surrender of Shares. 1. The Shareholder hereby surrenders to the Company the Surrendered Shares by delivering to the Company herewith a share certificate or certificates representing the Shares, duly endorsed for transfer in blank, signatures medallion notary guaranteed. The Company hereby acknowledges receipt from the Shareholder of the certificates for the sole purpose of retiring the Surrendered Shares.

Appears in 1 contract

Samples: Return to Treasury Agreement (Cartan Holdings Inc.)

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Surrender of Shares. 1. The Subject only to the closing of the Acquisition, the Shareholder hereby surrenders to the Company the Surrendered Shares by delivering and delivers to the Company herewith a share certificate or certificates representing the Shares, duly endorsed for transfer in blank, signatures medallion guaranteed. The Company hereby acknowledges receipt from the Shareholder of the certificates certificate(s) for the sole purpose of retiring the Surrendered SharesShares pursuant to this Agreement.

Appears in 1 contract

Samples: Return to Treasury Agreement (Greenwood Hall, Inc.)

Surrender of Shares. 1. The Following the issuance of, and subject to the issuance of, such shares of Series B Preferred Stock, the Shareholder hereby surrenders the Shareholder shall surrender to the Company the Surrendered Shares by delivering to the Company herewith a share certificate or certificates representing the Shares, duly endorsed for transfer in blank, signatures medallion guaranteed. The Company hereby acknowledges receipt from the Shareholder of the certificates for the sole purpose of retiring the Surrendered Shares.

Appears in 1 contract

Samples: Return to Treasury Agreement (Soul & Vibe Interactive Inc.)

Surrender of Shares. 1. The Shareholder hereby surrenders In anticipation of the issuance of, and subject to the Company issuance of, such shares of Series B Preferred Stock, the Shareholder is surrendering to the Company, the Surrendered Shares by delivering to the Company herewith a share certificate or certificates representing the Surrendered Shares, duly endorsed for transfer in blank, signatures medallion guaranteed. The Company hereby acknowledges receipt from the Shareholder of the certificates for the sole purpose of retiring the Surrendered Shares.

Appears in 1 contract

Samples: Treasury Agreement (MINERALRITE Corp)

Surrender of Shares. 1. The Shareholder Shareholders hereby surrenders surrender to the Company the Surrendered Shares by delivering to the Company herewith a share certificate or certificates representing the Shares, duly endorsed for transfer in blank, signatures medallion guaranteed. The Company hereby acknowledges receipt from the Shareholder Shareholders of the certificates for the sole purpose of retiring the Surrendered Shares.

Appears in 1 contract

Samples: Return to Treasury Agreement (USA Therapy Inc)

Surrender of Shares. 1. The Shareholder hereby surrenders to the Company the Surrendered Shares number of shares indicated on the signature page of this Agreement (the “Shares”) by delivering to the Company herewith a share certificate or certificates representing the Shares, duly endorsed for transfer in blank, signatures medallion guaranteed. The Company hereby acknowledges receipt from the Shareholder of the certificates for the sole purpose of retiring the Surrendered Shares.

Appears in 1 contract

Samples: Treasury Agreement (JPG Associates, Inc.)

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