Common use of Purchase of the Clause in Contracts

Purchase of the. COMPANY SHARES FROM THE COMPANY STOCKHOLDERS. Upon and subject to the terms and conditions of this Agreement, at the closing of the transactions contemplated by this Agreement (the "Closing"), the Company Stockholders shall sell, transfer, convey, assign and deliver to the Buyer, and the Buyer shall purchase, acquire and accept from each Company Stockholder, all of the Company Shares owned by such Company Stockholder. At the Closing, the Board of Directors of the Company shall, in accordance with The Companies Act (Sw:Aktiebolagslagen), cause the transfer of the Company Shares to the Buyer contemplated by this Agreement to be entered into the share register of the Company.