Document ID: 1873

Text:
(i) Initial Stock Purchase. Within three (3) business days of the Effective Date, Executive will purchase from the Company and the Company will sell to Executive 400,000 shares of the Companys common stock. The purchase price for such shares will be $0.55 per share. The sale described in this sentence is conditioned upon the Companys receipt of a waiver in form acceptable to the Company executed by Knight Therapeutics (Barbados) Inc. confirming that the sale described in this subsection will not be used for purposes of any calculation under Section 4.8 of the Loan Agreement.

Named Entities:
32
34
Shares
50
53
Price
111
112
Title

Tokenized Text:
(
i
)
Initial
Stock
Purchase
.
Within
three
(
3
)
business
days
of
the
Effective
Date
,
Executive
will
purchase
from
the
Company
and
the
Company
will
sell
to
Executive
400
,
000
shares
of
the
Companys
common
stock
.
The
purchase
price
for
such
shares
will
be
$
0
.
55
per
share
.
The
sale
described
in
this
sentence
is
conditioned
upon
the
Companys
receipt
of
a
waiver
in
form
acceptable
to
the
Company
executed
by
Knight
Therapeutics
(
Barbados
)
Inc
.
confirming
that
the
sale
described
in
this
subsection
will
not
be
used
for
purposes
of
any
calculation
under
Section
4
.
8
of
the
Loan
Agreement
.