California 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. California Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. refers to a legally binding contract that outlines the terms and conditions of a stock purchase transaction between these two entities in the state of California. This agreement governs the sale and transfer of stock ownership in Schick Technologies, Inc. from Grey stone Funding Corporation. Key terms and provisions typically found in a California Sample Stock Purchase Agreement include: 1. Parties: The agreement clearly identifies the parties involved in the transaction, namely Grey stone Funding Corporation as the seller, and Schick Technologies, Inc. as the buyer. 2. Purchase Price: The agreement stipulates the purchase price for the stock being sold. It lays out the payment terms, such as the amount, mode of payment, and any potential adjustments. 3. Stock Transfer: This section details the conditions of stock transfer, including the number of shares being sold, any restrictions or limitations on the transfer, and the method of stock delivery. 4. Representations and Warranties: Both parties provide assurances regarding their authority to enter into the agreement, the accuracy of the provided information, and the legal compliance of the stock being sold. 5. Due Diligence: The agreement may require the buyer to perform due diligence on Schick Technologies, Inc., which involves a comprehensive review of its financial records, contracts, outstanding liabilities, and other relevant information. 6. Closing Conditions: This section outlines the conditions that must be fulfilled before the transaction can be completed, such as regulatory approvals, consents from third parties, or the absence of any adverse events or material changes in the target company. 7. Indemnification: The agreement typically includes provisions for indemnification, specifying which party will be responsible for any losses, damages, or legal claims arising from breaches or misrepresentations. 8. Governing Law: As this agreement is specific to California, it will include a clause specifying that the laws and courts of California will govern any disputes. Different types of California Sample Stock Purchase Agreements may exist based on factors such as the nature of the transaction, the specific terms negotiated between the parties, or if additional provisions are required based on the characteristics of the target company. Examples of variant stock purchase agreements might include "California Sample Stock Purchase Agreement with Earn out Provision" where the purchase price is subject to future performance of the target company or "California Sample Stock Purchase Agreement with Escrow Arrangement" where a neutral third party holds the purchase price until agreed-upon conditions are met.

California Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. refers to a legally binding contract that outlines the terms and conditions of a stock purchase transaction between these two entities in the state of California. This agreement governs the sale and transfer of stock ownership in Schick Technologies, Inc. from Grey stone Funding Corporation. Key terms and provisions typically found in a California Sample Stock Purchase Agreement include: 1. Parties: The agreement clearly identifies the parties involved in the transaction, namely Grey stone Funding Corporation as the seller, and Schick Technologies, Inc. as the buyer. 2. Purchase Price: The agreement stipulates the purchase price for the stock being sold. It lays out the payment terms, such as the amount, mode of payment, and any potential adjustments. 3. Stock Transfer: This section details the conditions of stock transfer, including the number of shares being sold, any restrictions or limitations on the transfer, and the method of stock delivery. 4. Representations and Warranties: Both parties provide assurances regarding their authority to enter into the agreement, the accuracy of the provided information, and the legal compliance of the stock being sold. 5. Due Diligence: The agreement may require the buyer to perform due diligence on Schick Technologies, Inc., which involves a comprehensive review of its financial records, contracts, outstanding liabilities, and other relevant information. 6. Closing Conditions: This section outlines the conditions that must be fulfilled before the transaction can be completed, such as regulatory approvals, consents from third parties, or the absence of any adverse events or material changes in the target company. 7. Indemnification: The agreement typically includes provisions for indemnification, specifying which party will be responsible for any losses, damages, or legal claims arising from breaches or misrepresentations. 8. Governing Law: As this agreement is specific to California, it will include a clause specifying that the laws and courts of California will govern any disputes. Different types of California Sample Stock Purchase Agreements may exist based on factors such as the nature of the transaction, the specific terms negotiated between the parties, or if additional provisions are required based on the characteristics of the target company. Examples of variant stock purchase agreements might include "California Sample Stock Purchase Agreement with Earn out Provision" where the purchase price is subject to future performance of the target company or "California Sample Stock Purchase Agreement with Escrow Arrangement" where a neutral third party holds the purchase price until agreed-upon conditions are met.