Exchange-Agreement-债转股协议【全英文】VIP免费

ExchangeAgreement债转股协议THISEXCHANGEAGREEMENT(this"Agreement")ismadeandenteredintoasof_________,_________,_________(M/D/Y)(the"AgreementDate")byandbetweenAAA,INC.,a_________(PLACENAME)corporation("AAA"),andBBB(sb),anindividual("CCCShareholder"),whoisthesoleshareholderofCCCLTD.,acorporationorganizedandexistingunderthelawsof_________(PLACENAME)("CCC_________(PLACENAME)"),andCCC[_________(PLACENAME)],Inc.,a_________(PLACENAME)corporation("CCC_________(PLACENAME)")(CCC_________(PLACENAME)andCCC_________(PLACENAME)aresometimescollectivelyreferredtoas"CCC").RECITALSA.Thepartiesintendthat,subjecttothetermsandconditionsofthisAgreement,AAAwillacquire100%oftheissuedandoutstandingsharecapitalofCCCfromtheCCCShareholderpursuanttothetermsandconditionssetforthhereininexchangeforsharesofAAACommonStock.B.UpontheeffectivenessoftheExchange(asdefinedbelow),alltheissuedandoutstandingsharesofCCCwillbetransferredtoAAAinexchangeforsharesofAAACommonStock.C.TherepresentationsandwarrantiesoftheCCCShareholderhereinareamaterialinducementtoAAAtoenterintothisAgreement.D.ThepartiesacknowledgethattheExchangewillnotqualifyas,andisnotintendedtoqualifyas,areorganizationunderSection368oftheU.S.InternalRevenueCodeof1986,asamended(the"Code").NOW,THEREFORE,thepartiesherebyagreeasfollows:1.CERTAINDEFINITIONS.AsusedinthisAgreement,thefollowingtermswillhavethemeaningssetforthbelow:1.1"Closing"isdefinedinSection7.1.1.2"ClosingDate"isdefinedinSection7.1.1.3"EntrustAgreement"meansthatcertainComprehensiveCrossCertificationAgreement,dated_________,_________,_________(M/D/Y),betweenCCCConsulting(Pty)Ltd.andEntrustTechnologies,Inc.1.4"Exchange"means,collectively,theexchangeofalloftheissuedandoutstandingCCCStockfortheExchangeSharescontemplatedbySection2below.1.5"ExchangeNumber"meansthequotientobtainedbydividing(i)theExchangeShares(asdefinedbelow)by(ii)theCCCFullyDilutedNumber.1.6"ExchangeShares"meansthetotalnumberofsharesofAAACommonStock,aspresentlyconstituted,thatwillbeissuedunderthisAgreementinexchangeforallofthesharesofCCCStockthatareissuedandoutstandingimmediatelypriortotheClosingandisequaltothenumberofTransactionSharesminusthenumberofRestraintShares.1.7"RestraintShares"meansthetotalnumberofsharesofAAACommonStock,aspresentlyconstituted,thatwillbeissuedunderthisAgreementinexchangefortheNonCompetitionAgreementsdescribedinSection5.13,inthenumbersandtothepersons(the"RestrainedPersons")setforthinExhibit9.9hereto,whichnumberofRestraintSharesarecontemplated,asofthedatehereof,toequalapproximately[1%]oftheTransactionShares.IntheeventthatanyoftheNonCompetitionAgreementsarenotenteredintoandeffectiveasoftheClosing,orintheeventthatsuchRestrainedPersonsshallfailtosatisfytherequirementssetforthinSection2.1.4hereof,theRestraintSharesdesignatedinExhibit9.9withrespecttoeachsuchRestrainedPersonwillbeissuedinsteadtotheCCCShareholderasExchangeShares.1.8"ShareholderAncillaryAgreements"means,collectivelytheInvestmentRepresentationLetter,theEscrowAgreement,theRegistrationRightsAgreement,theShareTransferFormCM42,beingtheformprescribedby_________(PLACENAME)law(the"ShareTransferForm"),FormW8andeachotheragreement,certificateordocument(otherthanthisAgreement)towhichtheCCCShareholderistoenterintoasapartythereto,oristootherwiseexecuteanddeliverpursuanttoorinconnectionwiththisAgreement.1.9"CCCAncillaryAgreements"means,collectively,eachagreement...