Franklin Ohio Sample Purchase and Sale Agreement Purchase and Sale of stock between GEC Acquisition Corp., Exigent International, Inc., GEC North America Corp.

• Category: Corporations - Public - Purchase
• State: Multi-State
• County: Franklin
• Control #: US-EG-9221
• Format: Word; Rich Text

Description

Agreement for Purchase and Sale of stock between GEC Acquisition Corporation, Exigent International, Inc., GEC North America Corporation, Roger A. Gilmartin, Jacqueline R. Gilmartin, Deborah M. Bowen and Mark W. Brydges regarding the acquisition Franklin Ohio Sample Purchase and Sale Agreement: This Franklin Ohio Sample Purchase and Sale Agreement is a legally binding contract between GET Acquisition Corp., hereinafter referred to as the "Purchaser," Exigent International, Inc., hereinafter referred to as the "Seller," and GET North America Corp., hereinafter referred to as the "Intermediary." This agreement outlines the terms and conditions under which the Purchaser will acquire the stock of Exigent International, Inc., from the Seller. 1. Purchase Price: The Purchaser agrees to pay a total purchase price of [amount] for the stock, as agreed upon by both parties. 2. Closing Date: The closing date of this transaction shall be [date], unless extended or modified in writing by the parties involved. 3. Representations and Warranties: Both the Seller and the Purchaser represent and warrant that they have the authority to enter into this agreement, and that any necessary corporate resolutions and approvals have been obtained. 4. Stock Transfer: Upon successful completion of the transaction, the Seller shall transfer ownership of the stock to the Purchaser, free and clear of any liens, claims, or encumbrances. 5. Conditions Precedent: Certain conditions must be met before the closing of this transaction, including but not limited to: — Completion of due diligence by the Purchaser — Execution of any necessary ancillary agreements — Approval of the transaction by any relevant regulatory bodies or governmental authorities 6. Indemnification: The Seller shall indemnify and hold harmless the Purchaser from any losses, damages, or liabilities arising from any misrepresentation or breach of warranties by the Seller. 7. Confidentiality: Both parties agree to keep all information regarding this transaction confidential, except as required by law or with prior written consent. Types of Franklin Ohio Sample Purchase and Sale Agreement: 1. Asset Purchase Agreement: This agreement would involve the purchase and sale of specific assets owned by the Seller, rather than the stock of the company. 2. Merger Agreement: In the case of a merger between GET Acquisition Corp. and Exigent International, Inc., this agreement would outline the terms and conditions of the merger and the exchange of stock between the companies. 3. Stock Purchase Agreement: This is the most common type of Purchase and Sale Agreement mentioned above, where the Purchaser acquires the stock directly from the Seller. Note: The specific terms and clauses of any Purchase and Sale Agreement will vary depending on the individual circumstances and negotiations between the parties involved.

Franklin Ohio Sample Purchase and Sale Agreement: This Franklin Ohio Sample Purchase and Sale Agreement is a legally binding contract between GET Acquisition Corp., hereinafter referred to as the "Purchaser," Exigent International, Inc., hereinafter referred to as the "Seller," and GET North America Corp., hereinafter referred to as the "Intermediary." This agreement outlines the terms and conditions under which the Purchaser will acquire the stock of Exigent International, Inc., from the Seller. 1. Purchase Price: The Purchaser agrees to pay a total purchase price of [amount] for the stock, as agreed upon by both parties. 2. Closing Date: The closing date of this transaction shall be [date], unless extended or modified in writing by the parties involved. 3. Representations and Warranties: Both the Seller and the Purchaser represent and warrant that they have the authority to enter into this agreement, and that any necessary corporate resolutions and approvals have been obtained. 4. Stock Transfer: Upon successful completion of the transaction, the Seller shall transfer ownership of the stock to the Purchaser, free and clear of any liens, claims, or encumbrances. 5. Conditions Precedent: Certain conditions must be met before the closing of this transaction, including but not limited to: — Completion of due diligence by the Purchaser — Execution of any necessary ancillary agreements — Approval of the transaction by any relevant regulatory bodies or governmental authorities 6. Indemnification: The Seller shall indemnify and hold harmless the Purchaser from any losses, damages, or liabilities arising from any misrepresentation or breach of warranties by the Seller. 7. Confidentiality: Both parties agree to keep all information regarding this transaction confidential, except as required by law or with prior written consent. Types of Franklin Ohio Sample Purchase and Sale Agreement: 1. Asset Purchase Agreement: This agreement would involve the purchase and sale of specific assets owned by the Seller, rather than the stock of the company. 2. Merger Agreement: In the case of a merger between GET Acquisition Corp. and Exigent International, Inc., this agreement would outline the terms and conditions of the merger and the exchange of stock between the companies. 3. Stock Purchase Agreement: This is the most common type of Purchase and Sale Agreement mentioned above, where the Purchaser acquires the stock directly from the Seller. Note: The specific terms and clauses of any Purchase and Sale Agreement will vary depending on the individual circumstances and negotiations between the parties involved.