Connecticut 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. Connecticut Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. This Connecticut Sample Stock Purchase Agreement (the "Agreement") is made and entered into as of [date], by and between Grey stone Funding Corporation ("Buyer") and Schick Technologies, Inc. ("Seller"). This Agreement outlines the terms and conditions governing the purchase and sale of the stock of Schick Technologies, Inc. by Grey stone Funding Corporation. It serves as a legal document providing a detailed description of the rights, obligations, and responsibilities of both parties involved in the transaction. The Agreement includes a comprehensive list of clauses and provisions to ensure a fair and smooth transaction. Some key elements covered in the Agreement are: 1. Purchase and Sale: The Agreement specifies the number of shares being purchased by Buyer and the purchase price per share. It also defines the closing date and contains provisions for adjustments based on financial statements, working capital, and taxes. 2. Representations and Warranties: Both Buyer and Seller provide detailed representations and warranties regarding their respective organizations, assets, financial statements, legal compliance, and ownership rights. These provisions safeguard the interests of both parties and promote transparency in the transaction. 3. Covenants: The Agreement outlines certain continuing obligations of both parties, such as maintaining confidentiality, securing necessary regulatory approvals, and providing access to information for due diligence purposes. 4. Closing Conditions: The Agreement specifies the conditions that must be met prior to the closing of the transaction, including obtaining necessary consents, no material adverse change, and the absence of any pending litigation that could affect the sale. 5. Indemnification: The Agreement establishes the procedures for indemnification of the Buyer by the Seller against any losses arising from breaches of representations, warranties, or covenants made in the Agreement. 6. Termination: The Agreement includes provisions for termination under certain circumstances, such as the failure to meet closing conditions, breach of obligations, or mutual agreement between the parties. Multiple types or variations of the Connecticut Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. may exist, depending on the specific terms negotiated between the parties. These variations could include adjustments to purchase price mechanisms, non-compete agreements, employment contracts, escrow arrangements, or specific provisions related to tax liabilities or intellectual property rights. It is important for both Buyer and Seller to thoroughly review and understand the terms and implications of the Agreement before signing, and to seek legal and financial advice if necessary. This Agreement serves as a legally binding document and provides the foundation for a successful stock purchase transaction between Grey stone Funding Corporation and Schick Technologies, Inc.

Connecticut Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. This Connecticut Sample Stock Purchase Agreement (the "Agreement") is made and entered into as of [date], by and between Grey stone Funding Corporation ("Buyer") and Schick Technologies, Inc. ("Seller"). This Agreement outlines the terms and conditions governing the purchase and sale of the stock of Schick Technologies, Inc. by Grey stone Funding Corporation. It serves as a legal document providing a detailed description of the rights, obligations, and responsibilities of both parties involved in the transaction. The Agreement includes a comprehensive list of clauses and provisions to ensure a fair and smooth transaction. Some key elements covered in the Agreement are: 1. Purchase and Sale: The Agreement specifies the number of shares being purchased by Buyer and the purchase price per share. It also defines the closing date and contains provisions for adjustments based on financial statements, working capital, and taxes. 2. Representations and Warranties: Both Buyer and Seller provide detailed representations and warranties regarding their respective organizations, assets, financial statements, legal compliance, and ownership rights. These provisions safeguard the interests of both parties and promote transparency in the transaction. 3. Covenants: The Agreement outlines certain continuing obligations of both parties, such as maintaining confidentiality, securing necessary regulatory approvals, and providing access to information for due diligence purposes. 4. Closing Conditions: The Agreement specifies the conditions that must be met prior to the closing of the transaction, including obtaining necessary consents, no material adverse change, and the absence of any pending litigation that could affect the sale. 5. Indemnification: The Agreement establishes the procedures for indemnification of the Buyer by the Seller against any losses arising from breaches of representations, warranties, or covenants made in the Agreement. 6. Termination: The Agreement includes provisions for termination under certain circumstances, such as the failure to meet closing conditions, breach of obligations, or mutual agreement between the parties. Multiple types or variations of the Connecticut Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. may exist, depending on the specific terms negotiated between the parties. These variations could include adjustments to purchase price mechanisms, non-compete agreements, employment contracts, escrow arrangements, or specific provisions related to tax liabilities or intellectual property rights. It is important for both Buyer and Seller to thoroughly review and understand the terms and implications of the Agreement before signing, and to seek legal and financial advice if necessary. This Agreement serves as a legally binding document and provides the foundation for a successful stock purchase transaction between Grey stone Funding Corporation and Schick Technologies, Inc.