Transfer of Shares of Stock Sample Clauses

Transfer of Shares of Stock. Pursuant to the terms of the Option Agreement, on the Effective Date, in exchange for $50,000 cash, the Stockholder shall grant and each Optionee shall acquire, the Option(s), whereby during the Exercise Periods described below, each Optionee will be provided the opportunity to exercise such Option(s) and purchase the Stockholder's shares of common stock of PR Specialists in exchange for cash consideration, all pursuant to the terms and conditions set forth below. Pursuant to the terms of the Option Agreement, the Optionee (or his agent) agrees to deliver to the Stockholder (or his agent) all of the consideration set forth next to such Optionee's name. Also, pursuant to the terms of the Option Agreement, the Stockholder (or his agent) agrees to deliver to the Optionee (or his agent) the Stockholder's original PR Specialists common stock share certificates, along with any necessary stock transfer stamps and duly executed stock powers in a form satisfactory to the Optionee (or his agent). -------------------------------------------------------------------------------------------------- Name and Address No. of shares Per Share Total Exercise Period of Optionee of Consideration Consideration From-To Stockholder's to be Paid to be Paid PR Specialists Upon Upon Full common stock Exercise of Exercise of under Option Option $ Option $ -------------------------------------------------------------------------------------------------- Barry Kaplan 61,224 $0.10 $6,122.40 5/1/02-7/31/02 934 N. University Drive, #000 00,000 $0.10 $6,122.40 8/1/02-10/31/02 Coral Springs, FL 33071 00,000 $0.10 $6,122.40 10/1/02-12/15/02 61,224 $0.10 $6,122.40 12/1/02-1/15/03 61,224 $0.10 $6,122.40 1/1/03-2/15/03 61,227 $0.10 $6,122.70 2/1/03-3/15/03 John Kevorkian 61,224 $0.10 $6,122.40 5/1/02-7/31/02 10 Bluff Road 61,224 $0.10 $6,122.40 8/1/02-10/31/02 Glenn Cove, NY 61,224 $0.10 $6,122.40 10/1/02-12/15/02 61,224 $0.10 $6,122.40 12/1/02-1/15/03 61,224 $0.10 $6,122.40 1/1/03-2/15/03 61,227 $0.10 $6,122.70 2/1/03-3/15/03 Jeffery C. Taylor 00,224 $0.10 $6,122.40 5/1/02-7/31/02 90 Edgewater Dr., 01,224 $0.10 $6,122.40 8/1/02-10/31/02 PH 24 61,224 $0.10 $6,122.40 10/1/02-12/15/02 Coral Gables, FL 33133 00,000 $0.10 $6,122.40 12/1/02-1/15/03 61,224 $0.10 $6,122.40 1/1/03-2/15/03 61,227 $0.10 $6,122.70 2/1/03-3/15/03 The Nelson Trust, 61,224 $0.10 $6,122.40 5/1/02-7/31/02 Shari Schulweis, Trustee 01,224 $0.10 $6,122.40 8/1/02-10/31/02 22 Bittern Drive 00,224 $0.10 $6,122.40 10/1/02-12/15/02 Nan...
Sample 1
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Transfer of Shares of Stock. Pursuant to the terms of the Agreement and Plan of Share Exchange, at the Effective Time, all of the shareholders of Seller shall exchange all of their common stock of Seller for 8,675,000 shares of common stock of Buyer. Buyer (or its agent) agrees to deliver to each Shareholder (or his agent) common stock share certificates representing the number of shares of Buyer in the specific amounts set forth next to such Shareholder's names. ----------------------------------------------------------------- No. of Common Shares to be Name of Shareholder Issued to Shareholder ----------------------------------------------------------------- Xxxxxxx Xxxxx 35,000 ----------------------------------------------------------------- Xxxx Xxxxxxxxx 10,000 ----------------------------------------------------------------- Xxxx Xxxxx 10,000 ----------------------------------------------------------------- XX Xxxxx 250,000 ----------------------------------------------------------------- Xxxx X. Xxxxxx, III 250,000 ----------------------------------------------------------------- Xxxxxxx Xxxxx 3,000,000 ----------------------------------------------------------------- Xxxxxxxx X. Xxxx 65,000 ----------------------------------------------------------------- Xxxxx X.Xxxx 465,000 ----------------------------------------------------------------- Xxxx X. & Xxxxxxx X. Xxxxxx as Trustee for Xxxxxx Family Trust Dated 12/19/96 10,000 ----------------------------------------------------------------- Xxxxxxx X. Xxxxxxx 300,000 ----------------------------------------------------------------- Xxxx Xxxxx 10,000 ----------------------------------------------------------------- Xxxx Xxxxxxxx, XX 10,000 ----------------------------------------------------------------- Xxxxxxx Xxxxxxxxx 1,850,000 ----------------------------------------------------------------- Xxxxx Xxxxxxx 10,000 ----------------------------------------------------------------- Harrysen Xxxxxxx 1,850,000 ----------------------------------------------------------------- TCP Partner 150,000 ----------------------------------------------------------------- ----------------------------------------------------------------- Xxxxxxx Xxxxxx 100,000 ----------------------------------------------------------------- Xxx Xxxxxxxx 100,000 ----------------------------------------------------------------- Xxxxxxx Xxxxxxxxx 100,000 ----------------------------------------------------------------- Xxxx Xxxxxxxxx 100,000 ---------------------...
Sample 1
Transfer of Shares of Stock. The Company shall cause any shares of Stock which Employee has a right to receive under § 3 (subject to applicable tax withholdings effected in accordance with Section 13 of the Plan) to be transferred to Employee on the Company’s books and records and delivered to Employee w i t hi n sixty ( 60) da y s after the date on which he or she has the right to receive such shares, the specific date of such transfer to be determined by the Committee. During the period Employee is employed by the Company or a Subsidiary, shares received by Employee under this Agreement, as well as any other Company shares owned by Employee, will be subject to certain trading "blackout" periods (which prohibit the sale or purchase of Company shares). Blackout periods can relate to the announcement of Company earnings or any other material, non-public information. Additionally, shares held by Employees may be subject to 'lock-up' agreements (which will prohibit the sale by Employees of Company stock for specified periods) as part of offerings of new Company shares on a public exchange.
Sample 1
Transfer of Shares of Stock. Shares of Stock of the Company shall be transferred on the books of the Company only by the holder thereof, or by his or her duly authorized representative, upon surrender of the certificate of a like number of Shares of Stock properly endorsed.
Sample 1
Transfer of Shares of Stock. Pursuant to the terms of the Share Exchange Agreement, on the Closing Date, the Shareholders shall exchange all 425,000 shares of their common stock of Seller for 3,000,000 shares of Series A Preferred Stock of Buyer. Accordingly, each Shareholder (or his agent) agrees to deliver to the Buyer (or its agent) his original common stock share certificate(s) (in the specific amounts set forth next to such Shareholder's names), along with any necessary stock transfer stamps and duly executed stock powers in a form satisfactory to Buyer (or its agent); and Buyer (or its agent) agrees to deliver to each Shareholder (or his agent) Series A Preferred Stock share certificates representing the number of shares of Buyer in the specific amounts set forth next to such Shareholder's names. -------------------------------------------------------------------------- Name of Shareholder No. of Shares of Common No. of Shares of Stock to be Delivered Series A Preferred by Shareholder Stock to be Issued to Shareholder -------------------------------------------------------------------------- Justin Di Norscia, Jr. 000,000 1,500,000 Diane Di Norscia 000,000 1,500,000 -------------------------------------------------------------------------- Total 425,000 3,000,000 --------------------------------------------------------------------------
Sample 1
Transfer of Shares of Stock. Pursuant to the terms of the Share Exchange Agreement, on the Closing Date, the (i) I1 Connect Shareholders shall exchange all 2,504,000 shares of their common stock of I1 Connect for 2,504,000 shares of Common Stock of the Company, which constitutes a 1:1 basis; (ii) I1 Films Shareholders shall exchange all 176,000 shares of their common stock of I1 Films for 176,000 shares of Common Stock of the Company, which constitutes a 1:1 basis; and (iii) Imperiali Telecom Shareholders shall exchange all 2,000 shares of their common stock of Imperiali Telecom for 2,000 shares of Common Stock of the Company, which constitutes a 1:1 basis. Accordingly, each Shareholder agrees to deliver to the Company his original common stock share certificate(s) (in the specific amounts set forth next to such Shareholder’s names), along with any necessary stock transfer stamps and duly executed stock powers in a form satisfactory to Company; and Company agrees to deliver to each Shareholder Common Stock share certificates representing the number of shares of Company in the specific amounts set forth next to such Shareholder’s name. No. of Shares of Common Stock to be Delivered by Shareholder: Name of Shareholder I1 Connect I1 Films Imperiali Telecom No. of Shares of Common Stock to be Issued to Shareholder XXXXXX, XXXX 20,000 - - 20,000 XXXX, XXXX 10,000 - - 10,000 XXXX, XXXXX A 2,500 5,000 2,000 9,500 XXXX, XXXXXXX 2,500 - - 2,500 XXXXX, XXXXXX 5,000 - - 5,000 XXXXX, XXXX 20,000 - - 20,000 XXXXXXXX, XXXXXXX 15,000 20,000 - 35,000 XXX, XXXXXXX E 25,000 6,000 - 31,000 CRISI, _____ 1,000 - - 1,000 FORT XXXXX WASTE PAPER COMPANY BROKERS-GRADERS AND PACKERS OF WASTE PAPER 1,000,000 - - 1,000,000 XXXXXXX, XXXX X & XXXXX 80,000 - - 80,000 XXXXXXXX, XXX 40,000 - - 40,000 XXXXXXXX, Z. 2,500 - - 2,500 XXXXXX, XXXX 2,500 - - 2,500 HAMBURGER, JULIAN 10,000 - - 10,000 HANDY, XXX X. 30,000 10,000 - 40,000 XXXXXXX, XXXX & XXXXXXX X. 216,000 - - 216,000 XXXXXXXXXXXXXX, XXXX & XXXX 3,000 - - 3,000 XXXXXX, XXXXXX & XXXXX X. 60,000 - - 60,000 XXXXXXX, XXXX X 20,000 - 20,000 XXXXX, XXXXX HAYWOED 30,000 - - 30,000 XXXXXXX, XXXXXXX S 50,000 - - 50,000 LONG, M.B. 650,000 - - 650,000 MAIN, XXXXX R 20,000 - - 20,000 MCLANSEY, XXXX X. XX. 38,000 - - 38,000 XXXXX, X.X. 5,000 - - 5,000 XXXXXX, XXXX 2,500 5,000 - 7,500 XXXX, ____ 2,000 - - 2,000 XXXXXXXXX, XXXX B & XXXXXXXXX 5,000 - - 5,000 XXXXXXXXXX, XXXX 4,000 - - 4,000 XXXXXXXXX, XXXXXXX X. 10,000 - - 10,000 XXXXXXX, XXXXXX X. OR XXXXX - 30,000 - 30,000 X...
Sample 1
Transfer of Shares of Stock. The Company shall cause any shares of Stock which Employee has a right to receive under § 3 (subject to applicable tax withholdings effected in accordance with Section 16 of the Plan) to be transferred to Employee on the Company’s books and records and delivered to Employee as soon as practicable after the date on which he or she has the right to receive such shares. Pending any such transfer, any claim by Employee with respect to such shares of Stock shall have the same status as a claim by a general and unsecured creditor of the Company for the payment of deferred compensation. During the period the Employee is employed by the Company or a Subsidiary, shares received by an Employee under this Deferred Stock Award Agreement, as well as any other Company shares owned by the Employee, will be subject to certain trading “blackout” periods (which prohibit the sale or purchase of Company shares). Blackout periods can relate to the announcement of Company earnings or any other material, non-public information. Additionally, shares held by Employees may be subject to ‘lock-up’ agreements (which will prohibit the sale by Employees of Company stock for specified periods) as part of offerings of new Company shares on a public exchange. The shares of stock received by Employee under this Deferred Stock Award Agreement are subject to an initial lock-up period which prohibits the sale of these shares by the Employee (or his or her heirs) until the earlier of the following events occur: 1) six months after the initial public offering of the Company’s stock on a national public exchange, 2) the liquidation of the Company’s assets, or 3) a Change of Control (as defined in the Plan). The Company reserves the right to specify other blackout periods or lock-up periods; however, the Employee should never trade shares of the Company’s stock when in possession of material non-public Company information.
Sample 1
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Transfer of Shares of Stock 
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Related to Transfer of Shares of Stock

  • Transfer of Stock Upon surrender to the Corporation or the transfer agent of the Corporation of a certificate for shares duly endorsed or accompanied by proper evidence of succession, assignation or authority to transfer, it shall be the duty of the Corporation to issue a new certificate to the person entitled thereto, cancel the old certificate and record the transaction upon its books.

  • Transfer of Shares Shares shall be transferable on the records of the Trust only by the record holder thereof or by its agent thereto duly authorized in writing, upon delivery to the Trustees or a transfer agent of the Trust of a duly executed instrument of transfer, together with such evidence of the genuineness of each such execution and authorization and of other matters as may reasonably be required. Upon such delivery the transfer shall be recorded on the applicable register of the Trust. Until such record is made, the Shareholder of record shall be deemed to be the holder of such Shares for all purposes hereof and neither the Trustees nor any transfer agent or registrar nor any officer, employee or agent of the Trust shall be affected by any notice of the proposed transfer. Any person becoming entitled to any Shares in consequence of the death, bankruptcy, or incompetence of any Shareholder, or otherwise by operation of law, shall be recorded on the applicable register of Shares as the holder of such Shares upon production of the proper evidence thereof to the Trustees or a transfer agent of the Trust, but until such record is made, the Shareholder of record shall be deemed to be the holder of such for all purposes hereof, and neither the Trustees nor any transfer agent or registrar nor any officer or agent of the Trust shall be affected by any notice of such death, bankruptcy or incompetence, or other operation of law.

  • Issuance of Shares of Stock As soon as practicable following each Vesting Date (but in no event later than two and one-half months after the end of the year in which the Vesting Date occurs), the Company shall issue to the Grantee the number of shares of Stock equal to the aggregate number of Restricted Stock Units that have vested pursuant to Paragraph 2 of this Agreement on such date and the Grantee shall thereafter have all the rights of a stockholder of the Company with respect to such shares.

  • ISSUANCE AND TRANSFER OF SHARES 1. The Bank will issue Share certificates upon receipt of a Certificate from an Officer, but shall not be required to issue Share certificates after it has received from an appropriate federal or state authority written notification that the sale of Shares has been suspended or discontinued, and the Bank shall be entitled to rely upon such written notification. The Bank shall not be responsible for the payment of any original issue or other taxes required to be paid by the Customer in connection with the issuance of any Shares.

  • Restriction on Transfer of Shares Proxies and Non-Interference. Beginning on the date hereof and ending on the later to occur of (A) last date the Stock Options are exercisable pursuant to Section 3 hereof and (B) the date that all of the Stockholder's obligations under Section 2 have terminated, except as contemplated by this Agreement or the Merger Agreement, no Stockholder shall, directly or indirectly, (i) offer for sale, sell, transfer, tender, pledge, encumber, assign or otherwise dispose of, or enter into any contract, option or other arrangement or understanding with respect to or consent to the offer for sale, sale, transfer, tender, pledge, encumbrance, assignment or other disposition of, any or all of the Shares or any interest therein; (ii) except as contemplated by this Agreement, grant any proxies or powers of attorney, deposit any of the Shares into a voting trust or enter into a voting agreement with respect to any of the Shares; or (iii) take any action that would make any representation or warranty of the Stockholder contained herein untrue or incorrect or have the effect of preventing or disabling the Stockholder from performing the Stockholder's obligations under this Agreement. Notwithstanding anything to the contrary provided in this Agreement, a Stockholder shall have the right to make Permitted Transfers of Shares. The Stockholder agrees with, and covenants to, Sub that beginning on the date hereof and ending on the last date the Stock Options are exercisable pursuant to Section 3 hereof, the Stockholder shall not request that the Company register the transfer (book-entry or otherwise) of any certificate or uncertificated interest representing any of the Shares, unless such transfer is made in compliance with this Agreement (including the provisions of Section 2 hereof).

  • Sale and Transfer of Shares Subject to the terms and conditions set forth in this Agreement, at the Closing, Seller shall sell, convey, assign, transfer and deliver the Shares to Purchaser, free and clear of all Liens (other than restrictions arising under the Securities Act or any other applicable state securities laws), and Purchaser shall purchase, acquire and accept the Shares from Seller.

  • Ownership and Transfer of Shares The Trust or a transfer or similar agent for the Trust shall maintain a register containing the names and addresses of the Shareholders of each Series and Class thereof, the number of Shares of each Series and Class held by such Shareholders, and a record of all Share transfers. The register shall be conclusive as to the identity of Shareholders of record and the number of Shares held by them from time to time. The Trustees may authorize the issuance of certificates representing Shares and adopt rules governing their use. The Trustees may make rules governing the transfer of Shares, whether or not represented by certificates. Except as otherwise provided by the Trustees, Shares shall be transferable on the books of the Trust only by the record holder thereof or by his duly authorized agent upon delivery to the Trustees or the Trust's transfer agent of a duly executed instrument of transfer, together with a Share certificate if one is outstanding, and such evidence or the genuineness of each such execution and authorization and of such other matters as may be required by the Trustees. Upon such delivery, and subject to any further requirements specified by the Trustees or contained in the By-laws, the transfer shall be recorded on the books of the Trust. Until a transfer is so recorded, the Shareholder of record of Shares shall be deemed to be the holder of such Shares for all purposes hereunder and neither the Trustees nor the Trust, nor any transfer agent or registrar or any officer, employee or agent of the Trust, shall be affected by any notice of a proposed transfer.

  • Registration and Transfer of Shares (a) Any Transfer of any Shares shall only be completed subject to the compliance by the Member and the proposed transferee with all applicable laws; and furthermore may only be completed in accordance with the provisions of this Agreement.

  • Restrictions on Transfer of Shares No shares acquired upon exercise of the Option may be sold, exchanged, transferred (including, without limitation, any transfer to a nominee or agent of the Optionee), assigned, pledged, hypothecated or otherwise disposed of, including by operation of law, in any manner which violates any of the provisions of this Option Agreement, and any such attempted disposition shall be void. The Company shall not be required (a) to transfer on its books any shares which will have been transferred in violation of any of the provisions set forth in this Option Agreement or (b) to treat as owner of such shares or to accord the right to vote as such owner or to pay dividends to any transferee to whom such shares will have been so transferred.

  • Sale and Transfer of Shares Closing Subject to the terms and conditions of this Agreement, at the Closing, the following will occur:

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