definiens: ), for the 10Trading Days ( as defined below ) ending on the last Trading Day immediately preceding October 31, 2012 ) ( the ), for an aggregate purchase price of US$ 20,000,000 ( the ) .1.2 Initial Closing Date . The purchase and sale of the Initial Shares shall take place at the offices of Wilson SonsiniGoodrich & Rosati, Professional Corporation, 650 Page Mill Road, Palo Alto, California, on the date that is the secondTrading Day after the date of this Agreement, or such other date as the Company and the Purchaser mutually agree ( the ) . The date and time of the Initial Closing is hereafter referred to as the 1.3 Form of Payment ; Delivery of Shares . On the Initial Closing Date, ( i ) the Purchaser shall pay the Aggregate PurchasePrice to the Company by wire transfer of immediately available funds denominated in U.S. dollars to the account of theCompany previously designated in writing to the Purchaser, and ( ii ) the Company shall have executed and delivered a copy ofirrevocable instructions to the transfer agent for the Company ( the ) to deliver to the Purchaser the InitialShares, represented in a restricted, electronic book - entry account ( the ) maintained by theTransfer Agent on behalf of the Purchaser, with such evidence of such Restricted Electronic Shares delivered to the Purchaserwithin three Trading Days of the Initial Closing . The Initial Shares ( and, if any stock certificates are subsequently issuedrepresenting the Initial Shares, such stock certificates ( any such stock certificates, together with any Restricted ElectronicShares or unrestricted book entry electronic shares, the ) ) shall be subject to the legends required pursuantto Section 2.12 hereof