Mandatory Purchase. Each Equity Contract shall obligate the Obligor thereunder to purchase, and the Corporation to sell, on January 1, 2011 (the "Purchase Date"), that number of Shares as shall have an aggregate purchase price equal to the aggregate purchase obligation set forth therein at a price of $10 per Share, as adjusted from time to time pursuant to Article III hereof.
Appears in 2 contracts
Sources: Equity Contract Agency Agreement (First Shares Bancorp Inc), Equity Contract Agency Agreement (First Shares Bancorp Inc)