Connecticut Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers

State:
Multi-State
Control #:
US-CC-19-221
Format:
Word; 
Rich Text
Instant download

Description

19-221 19-221 . . . Restricted Stock Purchase Agreement under which (a) officers were given right to purchase shares of common stock at market price of shares on date of Agreements, (b) purchase price of shares is to be paid by four full-recourse promissory notes bearing interest at 9% with up to 1/2 of annual interest deferred until specified date, (c) 25% of shares vest cumulatively on 1st, 2nd, 3rd and 4th anniversaries of date of grant (or earlier in event of change in control) and (d) if purchaser ceases to be an employee, corporation has right to repurchase unvested portion of purchaser's shares at original purchase price plus interest paid on notes covering such shares
Free preview
  • Preview Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers
  • Preview Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers
  • Preview Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers
  • Preview Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers
  • Preview Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers
  • Preview Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers
  • Preview Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers

How to fill out Sample Restricted Stock Purchase Agreement Between Intermark, Inc. And Purchasers?

US Legal Forms - among the greatest libraries of legal forms in America - offers a wide range of legal document layouts you may download or produce. Utilizing the site, you may get 1000s of forms for business and personal purposes, categorized by categories, says, or keywords.You can get the most recent variations of forms just like the Connecticut Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers within minutes.

If you already have a monthly subscription, log in and download Connecticut Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers from your US Legal Forms library. The Obtain key will show up on each and every kind you perspective. You have accessibility to all in the past delivered electronically forms within the My Forms tab of your respective accounts.

If you want to use US Legal Forms the first time, listed below are basic instructions to get you started out:

  • Be sure you have selected the correct kind for your personal town/county. Select the Preview key to review the form`s articles. See the kind explanation to actually have chosen the correct kind.
  • In case the kind doesn`t fit your specifications, use the Lookup discipline towards the top of the display to get the one that does.
  • In case you are satisfied with the shape, affirm your selection by visiting the Buy now key. Then, pick the pricing plan you favor and provide your accreditations to register to have an accounts.
  • Approach the transaction. Use your credit card or PayPal accounts to complete the transaction.
  • Choose the file format and download the shape in your product.
  • Make changes. Load, edit and produce and sign the delivered electronically Connecticut Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers.

Every single web template you included with your account lacks an expiry particular date and it is your own property permanently. So, if you want to download or produce one more duplicate, just check out the My Forms segment and then click about the kind you require.

Obtain access to the Connecticut Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers with US Legal Forms, one of the most considerable library of legal document layouts. Use 1000s of specialist and express-specific layouts that fulfill your organization or personal requirements and specifications.

Form popularity

FAQ

Unlike restricted stock, an owner of a stock option does not have an actual ownership interest in the company at the time of issuance. A stock option is an agreement between the company and the employee that grants them the option to purchase company stock for an agreed-upon price.

A stock restriction agreement or SRA refers to the agreement made between a company and its founder for allotment of stock that places certain restrictions on its transfer.

A: The most common provisions included in restricted stock purchase agreements are restrictions on when and how stock can be sold or transferred; non-compete agreements; rights of first refusal; and termination clauses which allow either party to terminate the agreement under specified conditions.

A restricted stock unit (RSU) is a form of equity compensation that companies issue to employees. An RSU is a promise from your employer to give you shares of the company's stock (or the cash equivalent) on a future date?as soon as you meet certain conditions.

An RSPA will typically allow the Company to buyback shares from the founder through a repurchase option. The repurchase option can be triggered by a number of events, including the founder being fired or force to quit. Single / Double Trigger Acceleration.

A stock transfer restriction is essentially a contract between the shareholders of the corporation or members of the LLC. Therefore, the owners have the ability to be extremely creative in crafting a stock transfer restriction that meets their specific wants and needs.

Trusted and secure by over 3 million people of the world’s leading companies

Connecticut Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers