Common Stock Purchase Clause Samples

The Common Stock Purchase clause defines the terms under which an individual or entity can acquire shares of common stock in a company. Typically, this clause outlines the purchase price, the number of shares available, and any conditions or procedures required to complete the transaction, such as payment methods or closing dates. Its core function is to provide a clear framework for the purchase process, ensuring both parties understand their rights and obligations, and thereby reducing the risk of disputes or misunderstandings regarding the acquisition of common stock.
Common Stock Purchase. Directly or indirectly repurchase, redeem or otherwise acquire any shares of its capital stock or any securities convertible into or exercisable for any shares of its capital stock.
Common Stock Purchase. The "Initial Closing Date" under and as defined in the Common Stock Agreement shall occur concurrently with the closing of the transactions contemplated hereby.
Common Stock Purchase. Except as set forth on Company Disclosure Schedule 5.01(y), directly or indirectly repurchase, redeem or otherwise acquire any shares of its capital stock or any securities convertible into or exercisable for any shares of its capital stock.
Common Stock Purchase. As consideration for, and commensurate with, the execution and delivery of this Agreement, Hawkeye will grant Arcutis the right to purchase 995,000 fully-vested shares of Common Stock (equal to 19.9% of the issued and outstanding shares of the Common Stock of Hawkeye, inclusive of the Common Stock issued and sold to Arcutis pursuant to this Section 3.1) at the fair market value as determined by the board of directors of Hawkeye on the date of grant (the “Grant”). The Grant will be governed by the terms and conditions of Hawkeye’s standard form of common stock purchase agreement as agreed between the parties.
Common Stock Purchase. ▇▇▇▇▇▇▇▇ shall be entitled to purchase the Subject Shares at any time during the period January 1, 1999 through December 31, 2002 (the "Exercise Period").
Common Stock Purchase. Upon the execution of this Agreement and payment in full and in cash of the Subscription Amount, the Purchaser shall receive ______________ shares of Common Stock, which equals the Subscription Amount divided by the Per Share Price of Two Dollars ($2.00). In the event that the average closing price for the Common Stock for the Price Reset Period is less than Two Dollars ($2.00), the Per Share Price shall be adjusted to equal the average closing price for the Common Stock for the thirty (30) Trading Days immediately preceding December 1, 2003, discounted by twenty-five percent (25%); provided, however, that under no circumstance will the Per Share Price be less than Sixty Cents ($0.60). Should the Per Share Price be adjusted as a result of the condition described in the previous sentence, the Company shall issue to Purchaser, within three (3) Trading Days, the additional shares of Common Stock necessary to give Purchaser that amount equal to the Subscription Amount divided by the (adjusted) Per Share Price less the number of shares previously issued hereunder. -3- US Dataworks, Inc. Common Stock and Warrants Agreement October 2, 2003
Common Stock Purchase. A) VSI agrees to purchase 117,647 shares of EVC common stock ($400,000/$3.40) pursuant to the subscription agreement attached hereto. Payment for the stock may be netted against amounts owed to VSI by EVC. B) EVC agrees to issue warrants to VSI in the same proportion and ont he same terms as are issued to other parties who enter into subscription agreement to purchase EVC common stock on similar terms.
Common Stock Purchase. The parties acknowledge that the Executive has indicated that, within the one hundred twenty (120) day period following the Commencement Date (the "120 Day Period"), the Executive intends to purchase, at his own expense and in the open market, the number of shares of Common Stock of the Company
Common Stock Purchase. Bentley shall be entitled to purchase the Subject Shares at any time during the period January 1, 1999 through December 31, 2001 (the "Exercise Period").
Common Stock Purchase. The Purchaser hereby agrees that concurrent with, and subject to, the Closing, it shall purchase from the Company, and the Company hereby agrees that concurrent with, and subject to, the Closing, it shall issue and sell to the Purchaser, 2,453,472 shares of GE Common Stock (the “Shares”) at a per share purchase price equal to $8.5593 for an aggregate purchase price of $21,000,002 (the “Purchase Price”), payable by the Purchaser by wire transfer of immediately available funds.