12-1191 12-1191 . . . Stock Exchange Agreement under which a 31% majority stockholder of corporation ("acquired company") will become wholly owned subsidiary of corporation, and all outstanding shares of acquired company common stock will be exchanged for such number of shares of corporation common stock as are equal to sum of (i) number of shares of corporation common stock owned by acquired company on closing date, plus (ii) 0.76 multiplied by number of shares of common stock of unrelated company that is owned by acquired company on closing date, plus (iii) number of shares of corporation common stock that is determined by dividing net tangible book value of acquired company on closing date by net book value per share of corporation as of quarter ended immediately prior to closing date
The Guam Amended Stock Exchange Agreement between SJW Corp, Roscoe Moss Co, and RMC Shareholders is a comprehensive agreement that outlines the terms and conditions of a stock exchange transaction. This agreement has been amended to address specific needs and considerations of the parties involved, ensuring a fair and mutually beneficial transaction. SJW Corp, a leading water utility company, has entered into this stock exchange agreement with Roscoe Moss Co, a prominent engineering and manufacturing firm, along with RMC Shareholders, who hold shares in Roscoe Moss Co. The agreement is designed to facilitate the exchange of shares between the parties, enabling SJW Corp to acquire a significant ownership stake in Roscoe Moss Co. The Guam Amended Stock Exchange Agreement encompasses several key aspects, including the exchange ratio, detailed financial terms, and the rights and obligations of each party. It outlines the mechanism through which the stock exchange will occur, ensuring transparency and compliance with legal and regulatory requirements. Within this agreement, there may be different types or provisions of the Guam Amended Stock Exchange Agreement, depending on the specific requirements and conditions agreed upon by SJW Corp, Roscoe Moss Co, and RMC Shareholders. These variations may include: 1. The Initial Stock Exchange Agreement: This refers to the original agreement that laid the foundation for the stock exchange transaction between the parties. It may have been modified or amended to address new considerations. 2. The Amended Stock Exchange Agreement: This is the updated version of the initial agreement, specifically tailored to incorporate changes, additional terms, or revised conditions that have emerged during negotiations. 3. The Preferred Stock Exchange Agreement: This type of the Guam Amended Stock Exchange Agreement may focus on the exchange of preferred shares, which come with specific rights, privileges, and dividend preferences. 4. The Common Stock Exchange Agreement: This refers to a provision within the Guam Amended Stock Exchange Agreement that outlines the exchange of common shares between the parties. Common shares typically represent ownership in the company and carry voting rights. 5. The Performance-Based Stock Exchange Agreement: In some cases, a performance-based stock exchange agreement may be included to account for specific milestones, financial targets, or other performance metrics that must be met by one or both parties for the exchange to take place. Each type of Guam Amended Stock Exchange Agreement serves a unique purpose, ensuring a clear understanding of the transaction's terms, conditions, and expectations. This comprehensive and detailed agreement enables SJW Corp, Roscoe Moss Co, and RMC Shareholders to proceed with confidence, knowing that their interests are protected and that the stock exchange will be executed in accordance with agreed-upon terms.
The Guam Amended Stock Exchange Agreement between SJW Corp, Roscoe Moss Co, and RMC Shareholders is a comprehensive agreement that outlines the terms and conditions of a stock exchange transaction. This agreement has been amended to address specific needs and considerations of the parties involved, ensuring a fair and mutually beneficial transaction. SJW Corp, a leading water utility company, has entered into this stock exchange agreement with Roscoe Moss Co, a prominent engineering and manufacturing firm, along with RMC Shareholders, who hold shares in Roscoe Moss Co. The agreement is designed to facilitate the exchange of shares between the parties, enabling SJW Corp to acquire a significant ownership stake in Roscoe Moss Co. The Guam Amended Stock Exchange Agreement encompasses several key aspects, including the exchange ratio, detailed financial terms, and the rights and obligations of each party. It outlines the mechanism through which the stock exchange will occur, ensuring transparency and compliance with legal and regulatory requirements. Within this agreement, there may be different types or provisions of the Guam Amended Stock Exchange Agreement, depending on the specific requirements and conditions agreed upon by SJW Corp, Roscoe Moss Co, and RMC Shareholders. These variations may include: 1. The Initial Stock Exchange Agreement: This refers to the original agreement that laid the foundation for the stock exchange transaction between the parties. It may have been modified or amended to address new considerations. 2. The Amended Stock Exchange Agreement: This is the updated version of the initial agreement, specifically tailored to incorporate changes, additional terms, or revised conditions that have emerged during negotiations. 3. The Preferred Stock Exchange Agreement: This type of the Guam Amended Stock Exchange Agreement may focus on the exchange of preferred shares, which come with specific rights, privileges, and dividend preferences. 4. The Common Stock Exchange Agreement: This refers to a provision within the Guam Amended Stock Exchange Agreement that outlines the exchange of common shares between the parties. Common shares typically represent ownership in the company and carry voting rights. 5. The Performance-Based Stock Exchange Agreement: In some cases, a performance-based stock exchange agreement may be included to account for specific milestones, financial targets, or other performance metrics that must be met by one or both parties for the exchange to take place. Each type of Guam Amended Stock Exchange Agreement serves a unique purpose, ensuring a clear understanding of the transaction's terms, conditions, and expectations. This comprehensive and detailed agreement enables SJW Corp, Roscoe Moss Co, and RMC Shareholders to proceed with confidence, knowing that their interests are protected and that the stock exchange will be executed in accordance with agreed-upon terms.