Common use of SALE AND ISSUANCE OF SHARES Clause in Contracts

SALE AND ISSUANCE OF SHARES. Subject to the terms and conditions of this Agreement, the Subscriber does hereby subscribe for and agree to purchase at the Closing (as defined below), and the Company does hereby agree to sell to the Subscriber at the Closing, the number of shares of Class B Common Stock set forth in the column “Aggregate Class B Common Shares” and opposite the name of the Subscriber on the signature page hereto (collectively, the “Shares”) for the total purchase price set forth below the column “Total Purchase Price” and opposite the name of the Subscriber on the signature page hereto (the “Purchase Price”).

SALE AND ISSUANCE OF SHARES. Subject to the terms and conditions of this Agreement, the each Subscriber does hereby subscribe for and agree to purchase at the Closing (as defined below), and the Company does hereby agree to sell to the Subscriber Subscribers at the Closing, the number of shares of Class B Common Stock set forth in the column “Aggregate Class B Common Shares” and opposite the name of the such Subscriber on the signature page hereto (collectively, the “Shares”) for the total purchase price set forth below the column “Total Purchase Price” and opposite the name of the such Subscriber on the signature page hereto (the “Purchase Price”).