Purchase and Sale of Target Shares. 4 (a) Basic Transaction 4 (b) Purchase Price. 4
Purchase and Sale of Target Shares. Subject to the terms and conditions of this Agreement, the Purchaser irrevocably agrees to acquire the Target Shares from the Target Shareholders and the Target Shareholders irrevocably agree to exchange, assign and transfer the Target Shares to the Purchaser, free and clear of all Liens, on the terms and conditions herein set forth, in consideration for the issuance by the Purchaser of the Consideration Securities to the Target Shareholders, such that, at Closing, the Target will become a wholly-owned subsidiary of the Purchaser.
Purchase and Sale of Target Shares. 4 (a) Basic Transaction 4 (b) Purchase Price 4 (c) Closing 4 (d) Deliveries for Closing 4 (f) Employment Agreement 5 (g) Change of Target Management 5 (h) Option Grants to Target Employees 6 (i) Costs 6
Purchase and Sale of Target Shares. Upon the terms and subject to the conditions set forth in this Agreement, at the Closing, each of the Sellers shall sell, transfer and deliver to Buyer, free and clear of all Encumbrances other than the Permitted Encumbrances and Buyer shall purchase from each of such Sellers, all of the outstanding Target Shares held by such Sellers.
Purchase and Sale of Target Shares. (a) Basic Transaction On and subject to the terms and conditions of this Agreement, (i) the Buyers agree to purchase from Seller, and Seller agrees to sell to Buyers, all of the Target Shares, and (ii) Target agrees to redeem from Seller, and Seller will sell to Target, all of the Redemption Shares.
Purchase and Sale of Target Shares. (a) Basic Transaction *
Purchase and Sale of Target Shares. AEDC agrees to acquire from Sellers and Sellers agree to transfer, assign, convey and deliver to AEDC at the Closing, all right, title and interest in and to an aggregate of One Thousand (1,000) shares of capital stock of Target (hereinafter the "Target Shares") in exchange for an aggregate of One Million (1,000,000) shares of common stock of AEDC (hereinafter the "AEDC Shares"). Each Seller shall receive a number of AEDC Shares equal to 1,000 times the number of Target Shares delivered by such Seller. Such exchange is intended as an exchange exempt from qualification under the Texas Corporations Code and under Federal tax law.
Purchase and Sale of Target Shares. Upon the terms and subject to the conditions of this Agreement, at the Closing (as defined below) the Selling Stockholders will sell and deliver to the Company, and the Company will purchase from the Selling Stockholders, the Target Shares, which Shares will constitute all of the issued and outstanding capital stock of the Company at the Closing.
Purchase and Sale of Target Shares. Pursuant to the terms and conditions of this Agreement, the Transferor hereby sells to the Transferee the Offshore Target Shares and all rights and obligations pertaining thereto, and procure the Domestic Transferor to sell to the Transferee’s designated party the Domestic Target Equities and all rights and obligations pertaining thereto, and the Transferee hereby agrees to purchase from the Transferor the Offshore Target Shares and all rights and obligations pertaining thereto, and procure the Transferee’s designated party to purchase from the Domestic Transferor the Domestic Target Equities and all rights and obligations pertaining thereto .
Purchase and Sale of Target Shares. Pursuant to the terms and conditions of this Agreement, the Transferor hereby sells to the Transferee the Offshore Target Shares and all rights and obligations pertaining thereto, and procure the Domestic Transferor to sell to the Transferee’s designated party the Domestic Target Equity and all rights and obligations pertaining thereto, and the Transferee hereby agrees to purchase from the Transferor the Offshore Target Shares and all rights and obligations pertaining thereto, and procure the Transferee’s designated party to purchase from the Domestic Transferor the Domestic Target Equity and all rights and obligations pertaining thereto (“Transfer of Shares”). After the Transfer of Shares, the shareholding structure of the Company is set forth in Exhibit 1 “II Shareholding Structure of the Company after Completion”, and the shareholding structure of Yidian Technology is set forth in Exhibit 2 “II Shareholding Structure of Yidian Technology after Transfer of Domestic Equity”.
