Purchase of Shares Clause Example with 98 Variations from Business Contracts

This page contains Purchase of Shares clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Purchase of Shares. For the sum of $25,000 (the "Purchase Price"), which the Company acknowledges receiving in cash, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby purchases the Shares from the Company, subject to the forfeiture provisions of Section 3 below, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber's execution of this Agreement, the Company is delivering to the Subscriber a certificate registered in the Sub...scriber's name representing the Shares (the "Original Certificate"), receipt of which the Subscriber hereby acknowledges. View More

Variations of a "Purchase of Shares" Clause from Business Contracts

Purchase of Shares. For the sum of $25,000 $________ (the "Purchase Price"), which the Company acknowledges receiving in cash, has been remitted at the Company's direction for offering costs, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby purchases the Shares from the Company, subject to the forfeiture provisions of Section 3 below, Company on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber's execution of this Agreeme...nt, the Company is delivering shall, at its option, deliver to the Subscriber a certificate registered in the Subscriber's name representing the Shares (the "Original Certificate"), receipt of which the Subscriber hereby acknowledges. or effect such delivery in book-entry form. View More
Purchase of Shares. 1.1. Purchase of Shares. For the sum of $25,000 (the "Purchase Price"), $25,000, the receipt of which is hereby acknowledged by the Company acknowledges receiving in cash, Company, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby purchases the Shares from the Company, subject to the forfeiture provisions of Section 3 below, on the terms and subject to the conditions conditions, including regarding forfeiture, set forth in this Agreement. letter agreemen...t (this "Agreement"). Concurrently with the Subscriber's execution of this Agreement, the Company is delivering shall arrange for the register of members of the Company to the be updated accordingly and shall, at its option, deliver to Subscriber a certificate registered in the Subscriber's name representing the Shares (the "Original Certificate"), receipt Certificate"). 1.2. Surrender of which Subscriber Shares. On the issuance of the Shares, the Subscriber hereby acknowledges. surrenders for no consideration the one ordinary share, $0.0001 par value, that the Subscriber holds in the Company. View More
Purchase of Shares. For the sum of $25,000 (the "Purchase Price"), which the Company acknowledges receiving in cash, the The Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby purchases the Shares from the Company, subject to Company the forfeiture provisions Shares, for an aggregate purchase price of Section 3 below, $25,000, on the terms and subject to the conditions set forth in this Agreement. agreement (this "Agreement"). Concurrently with the Subscriber's execution of this... Agreement, the Company is delivering to shall register the Shares in the name of the Subscriber a certificate registered in on the Subscriber's name representing register of members of the Shares (the "Original Certificate"), receipt of which the Subscriber hereby acknowledges. Company. View More
Purchase of Shares. For With effect as of the Effective Date, for the sum of $25,000 $24,250 (the "Purchase Price"), which the Company acknowledges receiving in cash, the Company hereby sells sold and issues issued the Shares to the Subscriber, and the Subscriber hereby purchases purchased the Shares from the Company, subject to the forfeiture provisions of Section 3 below, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber's execution of this Agreement, the Com...pany is delivering shall, at its option, deliver to the Subscriber a certificate registered in the Subscriber's name representing the Shares (the "Original Certificate"), receipt Certificate") or effect such delivery in book-entry form. Any future forfeiture of which shares of the Company (as agreed between the Subscriber hereby acknowledges. and the Company) shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law. View More
Purchase of Shares. 1.1. Purchase of Shares. For the sum of $25,000 (the "Purchase Price"), the receipt of which is hereby acknowledged by the Company acknowledges receiving in cash, Company, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby purchases the Shares from the Company, subject to the forfeiture provisions of Section 3 below, on the terms and subject to the conditions conditions, including regarding forfeiture, set forth in this Agreement. letter agreement (this "...Agreement"). Concurrently with the Subscriber's execution of this Agreement, the Company is delivering shall, at its option, deliver to the Subscriber a certificate registered in the Subscriber's name representing the Shares (the "Original Certificate"), receipt Certificate") or effect such delivery in book-entry form. 1.2. Surrender of which Subscriber Shares. On the issuance of the Shares and subject to approval by the board of directors of the Company, the Subscriber hereby acknowledges. surrenders for no consideration the one Class B ordinary share, $0.0001 par value per share, that the Subscriber holds in the Company. View More
Purchase of Shares. For the sum of $25,000 U.S.$25,000 (the "Purchase Price"), which the Company acknowledges receiving in cash, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby purchases the Shares from the Company, subject to the forfeiture provisions of Section 3 below, forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber's execution of this Agreement, the Company is delivering to shall register the Shares ...in the name of the Subscriber on the register of members of the Company. All references in this Agreement to shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a certificate registered in the Subscriber's name representing the Shares (the "Original Certificate"), receipt matter of which the Subscriber hereby acknowledges. Cayman Islands law. View More
Purchase of Shares. 1.1. Purchase of Shares. For the sum of $25,000 (the "Purchase Price"), the receipt of which is hereby acknowledged by the Company acknowledges receiving in cash, Company, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby purchases the Shares from the Company, subject to the forfeiture provisions of Section 3 below, on the terms and subject to the conditions conditions, including regarding forfeiture, set forth in this Agreement. letter agreement (this "...Agreement"). Concurrently with the Subscriber's execution of this Agreement, the Company is delivering shall, at its option, deliver to the Subscriber a certificate registered in the Subscriber's name representing evidencing the Shares (the "Original Certificate"), receipt Certificate") or effect such delivery in book-entry form. 1.2. Surrender of which Subscriber Shares. On the issuance of the Shares, the Subscriber hereby acknowledges. surrenders for no consideration the one Class B ordinary share, $0.0001 par value per share, that the Subscriber holds in the Company. View More
Purchase of Shares. For the sum of $25,000 (the "Purchase Price"), $25,000, which the Company acknowledges receiving in cash, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby purchases the Shares from the Company, subject to the forfeiture provisions of Section 3 below, forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber's execution of this Agreement, the Company is delivering shall, at its option, deliver to... the Subscriber a certificate registered in the Subscriber's name representing the Shares (the "Original Certificate"), receipt or effect such delivery in book-entry form. All references in this Agreement to shares of which the Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law. Upon the issuance of the Shares, the Subscriber hereby acknowledges. surrenders for no consideration the one Class B ordinary shares of the Company held by it following the incorporation of the Company. View More
Purchase of Shares. For the sum of $25,000 (the "Purchase Price"), which the Company acknowledges receiving in cash, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby purchases the Shares from the Company, subject to the forfeiture provisions of Section 3 below, forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber's execution of this Agreement, the Company is delivering shall, at its option, deliver to the Subs...criber a certificate registered in the Subscriber's name representing the Shares (the "Original Certificate"), receipt Certificate") or effect such delivery in book-entry form. All references in this Agreement to shares of which the Subscriber hereby acknowledges. Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of British Virgin Islands law. View More
Purchase of Shares. For With effect as of the Effective Date, for the sum of $25,000 (the "Purchase Price"), which the Company acknowledges receiving in cash, the Company hereby sells sold and issues issued the Shares to the Subscriber, and the Subscriber hereby purchases purchased the Shares from the Company, subject to the forfeiture provisions of Section 3 below, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber's execution of this Agreement, the Company is ...delivering shall, at its option, deliver to the Subscriber a certificate registered in the Subscriber's name representing the Shares (the "Original Certificate"), receipt Certificate") or effect such delivery in book-entry form. Any future forfeiture of which shares of the Company (as agreed between the Subscriber hereby acknowledges. and the Company) shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law. View More