Colorado Exchange and Subscription Agreement between Michael T. Fiore and ID Recap, Inc. regarding merge of ID Recap, Inc. with InterDent, Inc. and exchange of shares

• Category: Corporations - Public - Stock Subscription Agreements
• State: Multi-State
• Control #: US-EG-9336
• Format: Word; Rich Text

Description

Exchange and Subscription Agreement between Michael T. Fiore and ID Recap, Inc. regarding merge of ID Recap, Inc. with InterDent, Inc. and the exchange of shares for newly issued shares of capital stock of the company dated October 22, 1999. 8 pages. The Colorado Exchange and Subscription Agreement between Michael T. Fire and ID Recap, Inc. involves the merger of ID Recap, Inc. with Interment, Inc. and the subsequent exchange of shares. This agreement is a significant step in the business partnership between Fire and ID Recap, Inc., as it outlines various terms and conditions related to the merger and the exchange of shares. In this agreement, Fire, as the principal shareholder of ID Recap, Inc., agrees to merge the company with Interment, Inc., a prominent dental support organization. The merger aims to combine the strengths and resources of both companies, creating a more robust and competitive entity in the dental industry. The exchange of shares is a crucial aspect of the agreement, as it determines the ownership structure of the newly merged company. The agreement delineates the exact number of shares that will be exchanged between Fire, ID Recap, Inc., and Interment, Inc. This ensures a fair and equitable distribution of ownership rights among the parties involved. Furthermore, the agreement specifies the terms and conditions under which the exchange of shares will take place. It may include provisions related to the valuation of shares, any adjustments necessary for the merger, and any potential restrictions on the transfer or sale of shares after the merger is completed. Additionally, the Colorado Exchange and Subscription Agreement may have different types, depending on the specific details and arrangements made between Michael T. Fire and ID Recap, Inc. Some possible types include: 1. Stock-for-Stock Exchange Agreement: This type of agreement involves the exchange of ID Recap, Inc.'s shares for Interment, Inc.'s shares at a predetermined ratio. It ensures that the ownership structure of the merged company reflects the proportionate investments made by each party. 2. Cash-and-Stock Exchange Agreement: In this scenario, a portion of the exchange involves cash payment alongside the transfer of ID Recap, Inc.'s shares. This type of agreement may be preferred when there is a need for immediate liquidity or to offset any disparities in the value of shares being exchanged. 3. Escrow Exchange Agreement: This agreement type involves placing certain shares in an escrow account for a specified period. It ensures compliance with any post-merger obligations or contingent liabilities that may arise. The shares in escrow are released based on predefined conditions, providing protection to all parties involved. These are just a few examples of the potential types of Colorado Exchange and Subscription Agreements that may be considered in the merger of ID Recap, Inc. with Interment, Inc. The specific terms, conditions, and details of the agreement can vary depending on the negotiations and requirements of the parties involved.

The Colorado Exchange and Subscription Agreement between Michael T. Fire and ID Recap, Inc. involves the merger of ID Recap, Inc. with Interment, Inc. and the subsequent exchange of shares. This agreement is a significant step in the business partnership between Fire and ID Recap, Inc., as it outlines various terms and conditions related to the merger and the exchange of shares. In this agreement, Fire, as the principal shareholder of ID Recap, Inc., agrees to merge the company with Interment, Inc., a prominent dental support organization. The merger aims to combine the strengths and resources of both companies, creating a more robust and competitive entity in the dental industry. The exchange of shares is a crucial aspect of the agreement, as it determines the ownership structure of the newly merged company. The agreement delineates the exact number of shares that will be exchanged between Fire, ID Recap, Inc., and Interment, Inc. This ensures a fair and equitable distribution of ownership rights among the parties involved. Furthermore, the agreement specifies the terms and conditions under which the exchange of shares will take place. It may include provisions related to the valuation of shares, any adjustments necessary for the merger, and any potential restrictions on the transfer or sale of shares after the merger is completed. Additionally, the Colorado Exchange and Subscription Agreement may have different types, depending on the specific details and arrangements made between Michael T. Fire and ID Recap, Inc. Some possible types include: 1. Stock-for-Stock Exchange Agreement: This type of agreement involves the exchange of ID Recap, Inc.'s shares for Interment, Inc.'s shares at a predetermined ratio. It ensures that the ownership structure of the merged company reflects the proportionate investments made by each party. 2. Cash-and-Stock Exchange Agreement: In this scenario, a portion of the exchange involves cash payment alongside the transfer of ID Recap, Inc.'s shares. This type of agreement may be preferred when there is a need for immediate liquidity or to offset any disparities in the value of shares being exchanged. 3. Escrow Exchange Agreement: This agreement type involves placing certain shares in an escrow account for a specified period. It ensures compliance with any post-merger obligations or contingent liabilities that may arise. The shares in escrow are released based on predefined conditions, providing protection to all parties involved. These are just a few examples of the potential types of Colorado Exchange and Subscription Agreements that may be considered in the merger of ID Recap, Inc. with Interment, Inc. The specific terms, conditions, and details of the agreement can vary depending on the negotiations and requirements of the parties involved.