The Acquisition. At the Closing (as defined in Section 1.2) and subject to and upon the terms and conditions of this Agreement, the Stockholders shall sell to Parent, and Parent shall purchase from Stockholders 10,000 shares of the Company's Common Stock, constituting all of the outstanding capital stock of the Company in consideration of the payments described below. As a result of the Acquisition, the Company shall become a wholly-owned subsidiary of Parent.
Appears in 3 contracts
Samples: Stock Purchase Agreement (Novothy Gerald R), Stock Purchase Agreement (Gametech International Inc), Employment Agreement (Gametech International Inc)
