Common use of Valuation of Common Stock Clause in Contracts

Valuation of Common Stock. The parties agree that, for purposes of paying the Settlement Amount, each share of the Company’s Common Stock shall be valued at $0.05 per share (the “Per Share Value”). The parties determined the Per Share Value through negotiation and, as such, the parties recognize, acknowledge and agree that the Per Share Value may not be indicative of the true value of a share of the Company’s Common Stock.

Appears in 7 contracts

Samples: Promissory Note Settlement Agreement (Nitro Petroleum Inc.), Promissory Note Settlement Agreement (Nitro Petroleum Inc.), Promissory Note Settlement Agreement (Nitro Petroleum Inc.)

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Valuation of Common Stock. The parties Company and Holder agree that, notwithstanding anything in the Note to the contrary, for purposes the purpose of paying the Settlement AmountBalance, each share of the Company’s Common Stock shall be valued at $0.05 0.25 per share (the “Per Share Value”). The parties Company and Holder determined the Per Share Value through negotiation and, as such, the parties recognize, acknowledge and agree that the Per Share Value may not be indicative of the true value of a share of the Company’s Common Stock.

Appears in 1 contract

Samples: Promissory Note Settlement Agreement (Immune Therapeutics, Inc.)

Valuation of Common Stock. The parties Parties agree that, notwithstanding anything in the Note to the contrary, for purposes the purpose of paying the Settlement AmountBalance, each share of the Company’s Common Stock shall be valued at $0.05 0.10 per share (the “Per Share Value”). The parties Parties determined the Per Share Value through negotiation and, as such, the parties Parties recognize, acknowledge and agree that the Per Share Value may not be indicative of the true value of a share of the Company’s Common Stock.

Appears in 1 contract

Samples: Promissory Note Settlement Agreement (Ceres Ventures, Inc.)

Valuation of Common Stock. The parties Parties agree that, that for purposes the purpose of paying the Settlement Amount, each share of the Company’s Common Stock shall be valued at $0.05 0.10 per share (the “Per Share Value”). The parties Parties determined the Per Share Value through negotiation and, as such, the parties Parties recognize, acknowledge and agree that the Per Share Value may not be indicative of the true value of a share of the Company’s Common Stock.

Appears in 1 contract

Samples: Settlement Agreement (Ceres Ventures, Inc.)

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Valuation of Common Stock. The parties Parties agree that, that for purposes the purpose of paying the Settlement Fee Amount, each share of the Company’s Common Stock shall be valued at $0.05 0.10 per share (the “Per Share Value”). The parties Parties determined the Per Share Value through negotiation and, as such, the parties Parties recognize, acknowledge and agree that the Per Share Value may not be indicative of the true value of a share of the Company’s Common Stock.

Appears in 1 contract

Samples: Fee Settlement Agreement (Ceres Ventures, Inc.)

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