The Repurchase. Subject to the terms of this Agreement, Seller agrees to sell to the Company 400,000 shares of the Company’s common stock (the “Shares”) in consideration for the cancellation by the Company of non-recourse promissory notes of the Seller for an aggregate principal amount of $1,500,000 plus accrued interest of $129,954 thereon (the “Notes”).
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The Repurchase. Subject to the terms of this Agreement, Seller agrees to sell to the Company 400,000 shares of the Company’s 's common stock (the “"Shares”") in consideration for the cancellation by the Company of non-recourse promissory notes of the Seller for an aggregate principal amount of $1,500,000 plus accrued interest of $129,954 thereon (the “"Notes”").
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