Document ID: 3669

Text:
2.1Closing. On the Closing Date, upon the terms and subject to the conditions set forth herein, substantially concurrent with the execution and delivery of this Agreement by the parties hereto, the Company agrees to sell, and the Purchasers, severally and not jointly, agree to purchase, up to an aggregate of $2.5 million of Shares. Each Purchaser shall deliver to the Company, via wire transfer, immediately available funds equal to such Purchasers Subscription Amount as set forth on the signature page hereto executed by such Purchaser and the Company shall deliver to each Purchaser its respective Shares as determined pursuant to Section 2.2(a), and the Company and each Purchaser shall deliver the other items set forth in Section 2.2 deliverable at the Closing. Upon satisfaction of the covenants and conditions set forth in Sections 2.2 and 2.3, the Closing, which may occur by remote delivery of documents, shall occur at the offices of Duane Morris LLP, 1540 Broadway, New York, New York 10036-4086 or such other location as the parties shall mutually agree.

Named Entities:
60
64
Principal
188
198
Address

Tokenized Text:
2
.
1Closing
.
On
the
Closing
Date
,
upon
the
terms
and
subject
to
the
conditions
set
forth
herein
,
substantially
concurrent
with
the
execution
and
delivery
of
this
Agreement
by
the
parties
hereto
,
the
Company
agrees
to
sell
,
and
the
Purchasers
,
severally
and
not
jointly
,
agree
to
purchase
,
up
to
an
aggregate
of
$
2
.
5
million
of
Shares
.
Each
Purchaser
shall
deliver
to
the
Company
,
via
wire
transfer
,
immediately
available
funds
equal
to
such
Purchasers
Subscription
Amount
as
set
forth
on
the
signature
page
hereto
executed
by
such
Purchaser
and
the
Company
shall
deliver
to
each
Purchaser
its
respective
Shares
as
determined
pursuant
to
Section
2
.
2
(
a
)
,
and
the
Company
and
each
Purchaser
shall
deliver
the
other
items
set
forth
in
Section
2
.
2
deliverable
at
the
Closing
.
Upon
satisfaction
of
the
covenants
and
conditions
set
forth
in
Sections
2
.
2
and
2
.
3
,
the
Closing
,
which
may
occur
by
remote
delivery
of
documents
,
shall
occur
at
the
offices
of
Duane
Morris
LLP
,
1540
Broadway
,
New
York
,
New
York
10036
-
4086
or
such
other
location
as
the
parties
shall
mutually
agree
.