Clause Information
Purchase Price. In consideration for the acquisition of the Purpose ESG Shares, the Purchaser shall issue from treasury to the Shareholders pro rata in proportion to their holdings of Purchased Shares at the Time of Closing, an aggregate of 6,176,250 Common Shares, free and clear of any encumbrances (the " Payment Shares ") which represents an exchange ratio of 0.9375 Payment Shares for each one (1) Purpose ESG Share. To the extent a Purpose ESG Shareholder is to receive a fractional Payment Share, that entitlement shall be rounded down to the nearest whole number and no consideration shall be payable therefore. The Payment Shares are being issued at a deemed value of $0.25 per Payment Share.
| Clause Category: | Purchase Price |
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