Stock Purchase Agreement between Reassur America Life Insurance Company and Penncorp Financial Group, Inc. regarding issued and outstanding shares of common stock dated January 7, 2000. 64 pages.
Alaska Sample Stock Purchase Agreement between Reassure America Life Insurance Co. and Penn corp Financial Group, Inc. regarding issued and outstanding shares common stock: This Alaska Sample Stock Purchase Agreement is entered into between Reassure America Life Insurance Co., hereinafter referred to as "Seller," and Penn corp Financial Group, Inc., hereinafter referred to as "Buyer," on [date]. 1. Agreement Overview: This Agreement outlines the terms and conditions under which Buyer agrees to purchase from Seller, and Seller agrees to sell to Buyer, a certain number of issued and outstanding shares of common stock of Penn corp Financial Group, Inc. 2. Purchase Price and Payment Terms: The Purchase Price for the shares shall be [amount] per share, totaling [total amount]. The Buyer shall make the payment in cash, wire transfer, or any other mutually agreed-upon form of payment, within [number] days of the execution of this Agreement. 3. Representations and Warranties: Both parties represent and warrant that they have full authority and power to enter into this Agreement. Seller further represents that it is the lawful and beneficial owner of the shares, which are free and clear of any liens, encumbrances, or restrictions, except as disclosed in Exhibit A. 4. Due Diligence and Inspection: Buyer shall have a period of [number] days from the execution of this Agreement to conduct due diligence and inspect the financial records, books, and relevant documents of Penn corp Financial Group, Inc. Seller agrees to provide reasonable access to such information during this period. 5. Closing and Transfer of Shares: The closing of this Agreement shall occur on [date], or as mutually agreed upon by both parties. At the closing, Seller shall deliver to Buyer a stock certificate representing the purchased shares, duly endorsed and in proper form for transfer. Simultaneously, Buyer shall deliver the Purchase Price as specified in section 2. 6. Indemnification: Seller shall indemnify and hold Buyer harmless from any losses, claims, damages, liabilities, or expenses arising out of any misrepresentation, breach of warranty, or non-fulfillment of any covenant or agreement by Seller. 7. Confidentiality: Both parties agree to keep all information exchanged during the due diligence process and related to this Agreement confidential, except as required by law or with the other party's written consent. Additional types of Alaska Sample Stock Purchase Agreements between Reassure America Life Insurance Co. and Penn corp Financial Group, Inc. regarding issued and outstanding shares common stock could include variations based on specific terms and conditions, such as: — Sample Stock Purchase Agreement with Escrow Provisions — Sample Stock Purchase Agreemenwithinrn output Provision — Sample Stock Purchase Agreement with Anti-Dilution Protection It's important to note that the specific terms and conditions of each Agreement may vary depending on the parties involved and their negotiation. Therefore, it's recommended to consult legal professionals when drafting or executing any Stock Purchase Agreement.
Alaska Sample Stock Purchase Agreement between Reassure America Life Insurance Co. and Penn corp Financial Group, Inc. regarding issued and outstanding shares common stock: This Alaska Sample Stock Purchase Agreement is entered into between Reassure America Life Insurance Co., hereinafter referred to as "Seller," and Penn corp Financial Group, Inc., hereinafter referred to as "Buyer," on [date]. 1. Agreement Overview: This Agreement outlines the terms and conditions under which Buyer agrees to purchase from Seller, and Seller agrees to sell to Buyer, a certain number of issued and outstanding shares of common stock of Penn corp Financial Group, Inc. 2. Purchase Price and Payment Terms: The Purchase Price for the shares shall be [amount] per share, totaling [total amount]. The Buyer shall make the payment in cash, wire transfer, or any other mutually agreed-upon form of payment, within [number] days of the execution of this Agreement. 3. Representations and Warranties: Both parties represent and warrant that they have full authority and power to enter into this Agreement. Seller further represents that it is the lawful and beneficial owner of the shares, which are free and clear of any liens, encumbrances, or restrictions, except as disclosed in Exhibit A. 4. Due Diligence and Inspection: Buyer shall have a period of [number] days from the execution of this Agreement to conduct due diligence and inspect the financial records, books, and relevant documents of Penn corp Financial Group, Inc. Seller agrees to provide reasonable access to such information during this period. 5. Closing and Transfer of Shares: The closing of this Agreement shall occur on [date], or as mutually agreed upon by both parties. At the closing, Seller shall deliver to Buyer a stock certificate representing the purchased shares, duly endorsed and in proper form for transfer. Simultaneously, Buyer shall deliver the Purchase Price as specified in section 2. 6. Indemnification: Seller shall indemnify and hold Buyer harmless from any losses, claims, damages, liabilities, or expenses arising out of any misrepresentation, breach of warranty, or non-fulfillment of any covenant or agreement by Seller. 7. Confidentiality: Both parties agree to keep all information exchanged during the due diligence process and related to this Agreement confidential, except as required by law or with the other party's written consent. Additional types of Alaska Sample Stock Purchase Agreements between Reassure America Life Insurance Co. and Penn corp Financial Group, Inc. regarding issued and outstanding shares common stock could include variations based on specific terms and conditions, such as: — Sample Stock Purchase Agreement with Escrow Provisions — Sample Stock Purchase Agreemenwithinrn output Provision — Sample Stock Purchase Agreement with Anti-Dilution Protection It's important to note that the specific terms and conditions of each Agreement may vary depending on the parties involved and their negotiation. Therefore, it's recommended to consult legal professionals when drafting or executing any Stock Purchase Agreement.