Common use of Exchange of Stock Clause in Contracts

Exchange of Stock. In accordance with the terms and conditions herein, Stockholder shall at closing, exchange all of his shares of the Company, representing all of the issued and outstanding shares of the Company for a total of 300,000 shares of common voting stock in the Acquiring Corporation, par value One Cent ($0.01) per share.

Appears in 2 contracts

Samples: Stock Acquisition Agreement (Industrial Data Systems Corp), Stock Acquisition Agreement (Industrial Data Systems Corp)

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Exchange of Stock. In accordance with the terms and conditions herein, Stockholder shall at closing, exchange all of his shares of the Company, representing all of the issued and outstanding shares of the Company for a total of 300,000 50,000 shares of common voting stock in the Acquiring Corporation, par value One Cent ($0.01) per share.

Appears in 1 contract

Samples: Stock Acquisition Agreement (Industrial Data Systems Corp)

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Exchange of Stock. In accordance with the terms and conditions herein, Stockholder Stockholders shall at closing, exchange all of his their shares of the Company, representing all of the issued and outstanding shares of the Company for a total of 300,000 600,000 shares of common voting stock in the Acquiring Corporation, par value One Cent ($0.01) per share.. The PHD NO. 1

Appears in 1 contract

Samples: Stock Acquisition Agreement (Industrial Data Systems Corp)

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