Share Purchase Agreement between Johnathan Greenburg and Kronos Advanced Technologies, Inc. for Zyppah, Inc. Shares
Johnathan Greenburg (the seller) agrees to sell 78% of the outstanding shares of Zyppah, Inc. to Kronos Advanced Technologies, Inc. (the buyer) in exchange for 90,000,000 shares of KNOS, valued at $4,000,000. The Zyppah shares are confirmed to be fully paid, validly issued, and free of liens. The agreement is effective as of the execution date, with the transfer considered complete for accounting purposes even before the formal issuance or physical transfer of shares.
SHARE PURCHASE
AGREEMENT
between
Johnathan Greenburg
-hereinafter „seller “ -
and
Kronos Advanced
Technologies, Inc.
“KNOS”
-hereinafter „buyer “ -
who are concluding the following stock purchase and transfer agreement:
1.The seller owns 78% of the issued and outstanding shares of Zyppah, Inc, a Nevada company (“The Shares”).
2.The buyer hereby purchases 78% of the issued and outstanding shares in exchange for shares of KNOS (total price $4,000,000) which represents the full purchase price or 90000000 common shares.
3.The Zyppah shares under this agreement will be duly authorized, validly issued and outstanding, fully paid and non-assessable, and will not be subject to any liens or encumbrances.
4.As agreed between the parties, the effective date of this agreement for accounting purposes is the date of execution of this agreement and the shares issued to Seller of KNOS and the shares transferred of Zyppah to KNOS has be considered completed prior to the formality of shares issuance or physical transfer.
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