Common use of The Exchange Transaction Clause in Contracts

The Exchange Transaction. Subject to the terms and conditions set forth in this Agreement and in the Operating Agreement, upon execution of this Agreement, each Shareholder agrees to exchange the number of Shares set forth after such Shareholder's name on the signature pages to this Agreement in return for that portion of the Consideration listed thereat, and the UBL agrees to issue the Units and/or pay the other portion of the Consideration to the Shareholders in exchange for such Shares, all as specified further on the signature pages to this Agreement.