Trademark And Domain Name Assignment Agreement

Therefore, the parties that intend to be legally bound, taking into account the promises and agreements set out therein, promise and agree that the conversion is deemed to have taken place on the date of commencement of the transaction on the closing day of the IPO, and that date is referred to therein as the “IPO conversion date”. On the day of the transformation of the IPO, the seller of intellectual property has the right to obtain the number of ordinary shares corresponding to the present value of the receivables, multiplied by the percentage of changing receivables divided by (b) the price per share at which the ordinary shares are publicly offered at the time of the IPO. . . .