Arizona Sample Stock Purchase Agreement between Greystone Funding Corporation and Schick Technologies, Inc.

• Category: Corporations - Public - Stock Purchase Sample
• State: Multi-State
• Control #: US-EG-9228
• Format: Word; Rich Text

Description

Stock Purchase Agreement between Greystone Funding Corporation and Schick Technologies, Inc. regarding the purchase of outstanding capital stock dated December 27, 1999. 7 pages. Title: Exploring the Arizona Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. Introduction: The Arizona Sample Stock Purchase Agreement serves as a key legal document that outlines the terms and conditions for the acquisition of stocks between two entities, Grey stone Funding Corporation and Schick Technologies, Inc. This comprehensive agreement ensures both parties understand their rights, obligations, and the overall transaction process. Let's delve into the various types and components of this agreement. 1. Arizona Sample Stock Purchase Agreement Overview: The Arizona Sample Stock Purchase Agreement provides a general framework for stock acquisitions, including key sections such as interpretation, definitions, and governing laws. It acts as a foundation on which the specific terms will be built. 2. Terms and conditions: This section outlines the precise terms agreed upon by the parties involved in the stock purchase. It includes details regarding the number of shares being sold, the purchase price per share, and the payment method. 3. Representations and warranties: Here, both Grey stone Funding Corporation and Schick Technologies, Inc. present assertions and assurances about the accuracy and completeness of information provided. This includes financial statements, legal compliance, and any relevant material facts important for the transaction. 4. Conditions precedent: This section enumerates certain conditions that must be met or fulfilled before the transaction can be completed. It may include obtaining necessary approvals, consents, or securing financing arrangements. 5. Closing and post-closing obligations: The closing provisions specify the date, time, and location where the stock purchase will be finalized. It also outlines the responsibilities of each party during the transition period, such as filing necessary documents and transferring ownership. 6. Indemnification and liabilities: This part addresses how indemnification will be handled in case one party breaches representations or warranties provided in the agreement. It also outlines the limitations, exceptions, and timeframes for filing claims. 7. Confidentiality and non-competition: To protect sensitive information shared during the stock purchase, this section establishes provisions for maintaining confidentiality. It may also address any non-competition agreements between the parties. 8. Termination and remedies: In the event that either party fails to fulfill their obligations, this section defines the circumstances under which the agreement may be terminated and the remedies available to the non-defaulting party. Types of Arizona Sample Stock Purchase Agreements: While the Arizona Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. may have different iterations based on specific variables, some variations may include: — Stock Purchase Agreement with Cash Payment: This agreement involves the acquisition of stocks through cash transactions, where Grey stone Funding Corporation pays a predetermined amount per share in cash to Schick Technologies, Inc. — Stock Purchase Agreement with Earn-Out Provisions: In this variation, the agreement may include terms that allow additional payments to Schick Technologies, Inc. in case certain financial or operational milestones are achieved post-transaction. — Stock Purchase Agreement with Stock Consideration: This agreement may involve the issuance of stocks of Grey stone Funding Corporation in exchange for the stocks held by Schick Technologies, Inc., acting as payment for the acquisition. Conclusion: The Arizona Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. provides a comprehensive framework for finalizing a stock acquisition. This legally binding document, built on mutual understanding and consent, safeguards both parties' interests. By adhering to its terms and conditions, both entities can ensure a smooth and secure transaction process.

Title: Exploring the Arizona Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. Introduction: The Arizona Sample Stock Purchase Agreement serves as a key legal document that outlines the terms and conditions for the acquisition of stocks between two entities, Grey stone Funding Corporation and Schick Technologies, Inc. This comprehensive agreement ensures both parties understand their rights, obligations, and the overall transaction process. Let's delve into the various types and components of this agreement. 1. Arizona Sample Stock Purchase Agreement Overview: The Arizona Sample Stock Purchase Agreement provides a general framework for stock acquisitions, including key sections such as interpretation, definitions, and governing laws. It acts as a foundation on which the specific terms will be built. 2. Terms and conditions: This section outlines the precise terms agreed upon by the parties involved in the stock purchase. It includes details regarding the number of shares being sold, the purchase price per share, and the payment method. 3. Representations and warranties: Here, both Grey stone Funding Corporation and Schick Technologies, Inc. present assertions and assurances about the accuracy and completeness of information provided. This includes financial statements, legal compliance, and any relevant material facts important for the transaction. 4. Conditions precedent: This section enumerates certain conditions that must be met or fulfilled before the transaction can be completed. It may include obtaining necessary approvals, consents, or securing financing arrangements. 5. Closing and post-closing obligations: The closing provisions specify the date, time, and location where the stock purchase will be finalized. It also outlines the responsibilities of each party during the transition period, such as filing necessary documents and transferring ownership. 6. Indemnification and liabilities: This part addresses how indemnification will be handled in case one party breaches representations or warranties provided in the agreement. It also outlines the limitations, exceptions, and timeframes for filing claims. 7. Confidentiality and non-competition: To protect sensitive information shared during the stock purchase, this section establishes provisions for maintaining confidentiality. It may also address any non-competition agreements between the parties. 8. Termination and remedies: In the event that either party fails to fulfill their obligations, this section defines the circumstances under which the agreement may be terminated and the remedies available to the non-defaulting party. Types of Arizona Sample Stock Purchase Agreements: While the Arizona Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. may have different iterations based on specific variables, some variations may include: — Stock Purchase Agreement with Cash Payment: This agreement involves the acquisition of stocks through cash transactions, where Grey stone Funding Corporation pays a predetermined amount per share in cash to Schick Technologies, Inc. — Stock Purchase Agreement with Earn-Out Provisions: In this variation, the agreement may include terms that allow additional payments to Schick Technologies, Inc. in case certain financial or operational milestones are achieved post-transaction. — Stock Purchase Agreement with Stock Consideration: This agreement may involve the issuance of stocks of Grey stone Funding Corporation in exchange for the stocks held by Schick Technologies, Inc., acting as payment for the acquisition. Conclusion: The Arizona Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. provides a comprehensive framework for finalizing a stock acquisition. This legally binding document, built on mutual understanding and consent, safeguards both parties' interests. By adhering to its terms and conditions, both entities can ensure a smooth and secure transaction process.