Exchange of Stock. NMKT hereby agrees to transfer and exchange its DCI Stock Interest to DFTS solely in exchange for the shares of newly created classes of DFTS's preferred stock as follows: (a) 600,000 shares of $1.50 Class C convertible preferred and (b) 3,400,000 shares of $1.50 Class D preferred.
Appears in 4 contracts
Sources: Stock Exchange Agreement (Defense Technology Systems, Inc.), Stock Exchange Agreement (NewMarket Technology Inc), Stock Exchange Agreement (NewMarket Technology Inc)