Stock Purchase and Sale. SECTION 2.01.
Stock Purchase and Sale. Subject to the terms and ----------------------- conditions set forth herein, at the Closing the Sellers will sell and the Buyer will purchase all of the Sellers' right, title and interest in and to the Stock.
Stock Purchase and Sale. (i) Xxxxx Xxxxxxxx Australia Group Holdings Pty Limited, a proprietary company registered under the Australian Corporations Act and incorporated in New South Wales, Australia (“Australia Entity Seller”), shall take all such actions necessary to sell, convey, transfer, assign and deliver to Buyer, and Buyer shall acquire from Australia Entity Seller, all right, title and interest of Australia Entity Seller in and to the Australian Shares, comprising the issued shares in the capital of Xxxxx Xxxxxxxx Office Products Pty Limited, a proprietary company registered under the Australian Corporations Act and incorporated in New South Wales, Australia (“Australia Entity”), free and clear of all Encumbrances;
Stock Purchase and Sale. Subject to the terms and conditions set forth herein, at the Closing, each Seller shall sell, assign, transfer, convey and deliver to the Buyer the Stock and the Options set forth opposite such Seller's name on EXHIBIT A, free and clear of all Liens, and the Buyer shall purchase the shares of Stock and the Options from the Sellers.
Stock Purchase and Sale. Effective the date of this Agreement, Seller hereby sells, assigns, conveys, transfers, sets over, and delivers all of the Shares to Buyer and Buyer hereby purchases all 75,000 of Seller’s Shares.
Stock Purchase and Sale. On the terms and subject to the conditions described in this Agreement, the Shareholder shall sell, assign, transfer, and deliver to Buyer, and Buyer shall purchase from the Shareholder, all of the Packard Shares, for a total purchase price of $104,000 (the "Purchase Price"), payable as follows:
Stock Purchase and Sale. Team hereby grants to Hawk an option to purchase up to 65,000 shares of Team common stock, $0.30 par value per share ("Common Stock"), at a purchase price equal to the market price for Team Common Stock trading on the American Stock Exchange as of the close of business on the date of exercise of such option right by Hawk, less that number of shares of Common Stock of which Hawk is the Beneficial Owner as of the date of exercise of such option right by Hawk. Hawk shall have the right to exercise the option granted under this Section 4 in whole or in part at any time within thirty (30) days after the Effective Date by delivery of written notice to Team. Payment for such shares shall be due three (3) business days after the date Hawk delivers written notice of exercise to Team, and such sale of Team Common Stock to Hawk shall be consummated as promptly as practicable thereafter. To the extent that Hawk does not exercise this option granted under this Section 4 in full within thirty (30) days of the Effective Date, then the remainder of this option shall lapse. The Team Common Stock that Hawk receives under this Section 4 shall be "restricted stock" under SEC Rule 144.
Stock Purchase and Sale. Subject to the terms and conditions set forth in this Agreement, at the Closing (as defined in Section 8 below), Issuer will issue and sell to each Shareholder that number of shares of Issuer common stock calculated as follows: (x * 10%) --------- = A, where z x = the total Merger Consideration payable to such Shareholder (without regard to any amount deposited in escrow) z = the Average Closing Price (as defined in the Merger Agreement) (the "Purchase Price") A = shares of Issuer common stock purchased by such Shareholder (the "Shares")
Stock Purchase and Sale. In addition to the basic compensation described above, the Company agrees to sell Siegxx, xxd Siegxx xxxees to purchase from the Company, ten thousand (10,000) shares of common stock, no par value, of the Company (the "Stock"), on the terms set forth in Article II hereof.
Stock Purchase and Sale. Pursuant to the terms and subject to the conditions set forth herein, at the Closing (as defined below), the Shareholders shall transfer and deliver to Party A and Party A shall receive from the Shareholders Fifty Point Nine percent (50.90%) of all the issued and outstanding common stock or a certificate of ownership representing Fifty Point Nine percent (50.90%) of equity interest in Party B (“Exchange Ownership”), in exchange for cash and/or Common Stock and/or Preferred Stock of Party A, as detailed pursuant to Section 1. (b)(ii) (C) below.
