Subject to the terms and conditions of this Agreement, Seller hereby covenants and agrees to sell, assign and transfer to Venaxis and Venaxis hereby covenants and agrees to purchase from Seller all the right, title and interest in the Strand Shares free and clear of all Encumbrances but together with goodwill and all rights and advantages now and hereafter attaching or accruing to the Strand Shares under Law, that Venaxis, upon the registration of transfer of the Strand Shares in the name of Venaxis, shall receive full legal and beneficial ownership of the Strand Shares and all the rights attached to the Strand Shares under Law now and hereafter relating thereto.