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Tuesday, December 15, 2020 4:42:28 AM
Section 1.1 Closing. The purchase of the Shares shall be consummated at a closing (“Closing”) to take place at 10:00 o’clock a.m., at the offices of McMurdo Law Group, LLC (the “Escrow Agent”) on or before November 11, 2020 unless extended by agreement of the parties hereto (the “Closing Date”).
Section 1.2 Sale and Purchase. Subject to the terms and conditions hereof, at the Closing, Seller agrees to sell and deliver to Buyer, and Buyer agrees to purchase from Seller, the Shares. Any portion of the Shares held by the Escrow Agent as of the Closing Date shall be released by the Escrow Agent to Buyer upon delivery of irrevocable instructions from Seller to Escrow Agent in the form attached hereto as Exhibit A.
Section 1.3 Purchase Price. The Purchase Price for the Shares shall be paid in full on or before the Closing Date, by Buyer to Seller by wire transfer or other form of immediately available good funds against delivery of the Shares in transferable form from Seller to Buyer.
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