Common use of The Exercise Clause in Contracts

The Exercise. This sale and purchase is part of a larger corporate exercise (the "EXERCISE") pursuant to which it is proposed that:- (i) the sale and purchase of the Shares upon the terms hereof will be completed; (ii) the legal and beneficial owners of all the shares in UNIOFFICE SDN. BHD. (Company No. 491165-A) will sell all their shares in the said company (the "UNIOFFICE SHARES") to the Purchaser; (iii) the legal and beneficial owner of all the shares in MyWeb Access Sdn Bhd (Company No. 533653-U) (the "MWA SHARES") will sell all its shares to the Purchaser; and (iv) the shares of the Purchaser will be listed on the Labuan International Financial Exchange.

The Exercise. This sale and purchase is part of a larger corporate exercise (the "EXERCISE") pursuant to which it is proposed that:- (i) the sale and purchase of the Shares upon the terms hereof will be completed; (ii) the legal and beneficial owners of all the shares in UNIOFFICE MYWEB E-COMMERCE SDN. BHD. (Company No. 491165476442-AP) will sell all their shares in the said company (the "UNIOFFICE MWEC SHARES") to the Purchaser; (iii) the legal and beneficial owner of all the shares in MyWeb Access Sdn Bhd (Company No. 533653-U) will sell all its shares in the said company (the "MWA SHARES") will sell all its shares to the Purchaser; and (iv) the shares of the Purchaser will be listed on the Labuan International Financial Exchange.