District of Columbia Sample Stock Purchase Agreement This District of Columbia Sample Stock Purchase Agreement is entered into between Chief Consolidated Mining Company ("Buyer") and Dimpling ("Seller") on [date], hereinafter referred to as the "Agreement". 1. Introduction: This Agreement outlines the terms and conditions under which Buyer shall purchase the stocks from Seller. The Agreement is binding upon both parties and shall be governed by the laws of the District of Columbia. 2. Sale of Stocks: Seller agrees to sell [number] shares of stock of Chief Consolidated Mining Company to Buyer. The stocks being sold shall constitute [percentage] of the outstanding shares of the company. 3. Purchase Price: Buyer agrees to purchase the aforementioned stocks for a total price of [amount] USD. The payment shall be made in the form of [cash, check, wire transfer] to Seller's designated account within [number] business days from the execution of this Agreement. 4. Representations and Warranties: 4.1 Seller represents and warrants that they are the legal owner of the stocks being sold, and they have full authority to enter into this Agreement. 4.2 Seller represents and warrants that the stocks being sold are free from any liens, encumbrances, claims, or restrictions. 4.3 Seller represents and warrants that the stocks being sold are duly authorized and validly issued. 4.4 Buyer represents and warrants that they have conducted their due diligence on Chief Consolidated Mining Company and are aware of the associated risks. 5. Indemnification: Both parties agree to indemnify and hold each other harmless from any claims, losses, damages, liabilities, or expenses arising out of any breach of the representations and warranties provided in this Agreement. 6. Closing: The closing of this Agreement shall occur on [date]. At closing, Seller shall deliver the stock certificates to Buyer, and Buyer shall submit the payment as per the agreed terms. Both parties will execute any necessary documentation to effectuate the transfer of stocks. 7. Governing Law and Jurisdiction: This Agreement shall be governed by and construed in accordance with the laws of the District of Columbia. Any disputes arising from or related to this Agreement shall be subject to the exclusive jurisdiction of the courts of the District of Columbia. Types of District of Columbia Sample Stock Purchase Agreements between Chief Consolidated Mining Company and Dimpling may include variations such as: 1. District of Columbia Sample Stock Purchase Agreement with a Darn out Provision. 2. District of Columbia Sample Stock Purchase Agreement with a Hold back Provision. 3. District of Columbia Sample Stock Purchase Agreement with a Right of Refusal Clause. 4. District of Columbia Sample Stock Purchase Agreement with an Escrow Account. 5. District of Columbia Sample Stock Purchase Agreement with a Confidentiality Agreement. Please note that the above variations represent common features, and the parties are free to negotiate and customize the Agreement based on their specific requirements. It is recommended to seek legal counsel to ensure compliance with all applicable laws and regulations.
District of Columbia Sample Stock Purchase Agreement between Chief Consolidated Mining Company and Dimeling
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